Skip to content
Screener

Snowflake SNOW Q1 2027 earnings

Reported May 27, 2026 · After market close

Revenue$1.4BBeat by $67.1M
EPS$0.39Beat by $0.07
Revenue estimate$1.3B
EPS estimate$0.32
“Snowflake delivered a milestone quarter, with product revenue of $1.33 billion, up 34% year-over-year, marking the strongest sequential dollar growth in our history, AI continues to be a powerful tailwind for Snowflake, and Q1 marks a clear inflection point in that journey. With Cortex Code and Snowflake Intelligence, we are extending from the trusted foundation for enterprise data and context to become the control plane for the Agentic Enterprise. We are seeing strong momentum from both AI-driven acceleration of our core platform and growing adoption of our first-party AI products, positioning Snowflake to lead in this new era.”
Sridhar Ramaswamy

Next report

Date not yet announced

Financials

Q1 2027

Income statement

See full
Revenue$1.4B+33.5%
Gross profit$926.5M+33.6%
Operating income-$326.2M+27.1%
Net income-$295.6M+31.3%
EPS (diluted)-$0.86+33.3%

Balance sheet

See full
Cash & equivalents$2.1B-8.2%
Total debt$490.2M+18.4%
Total equity$1.9B-19.4%
Total assets$8.6B+4.9%

Cash flow

See full
Operating cash flow$243.2M+6.5%
CapEx$10.5M-76.8%
Free cash flow$232.8M+26.9%

Valuation & ratios

Valuation

as of 04/30/26
See full
Market cap$47.18B-11.0%
Enterprise value$45.54B-10.9%
P/S9.4×-4.4×

Profitability

See full
Gross margin67.1%+0.8pp
Operating margin-26.1%-6.8pp
Net margin-23.8%-6.1pp
FCF margin23.2%+3.5pp

Returns & leverage

See full
Return on equity-55.1%+32.5pp
Debt / equity0.3×+0.1×
Current ratio1.1×-0.5×

Segments

By geography

See full
EMEA$230.6M+36.6%
Asia-Pacific and Japan$80.8M+36.7%
Other Americas$36.0M+21.4%

By segment

See full
Reportable Segment$1.4B+33.5%

By product

See full
Professional services and other revenue$56.6M+25.1%

FAQ

When did Snowflake report Q1 2027 earnings?
Snowflake (SNOW) reported Q1 2027 earnings on May 27, 2026 after market close.
What were Snowflake's Q1 2027 revenue and EPS?
Snowflake reported revenue of $1.4B and eps of $0.39 for Q1 2027.
Did Snowflake beat estimates in Q1 2027?
Revenue beat the consensus estimate of $1.3B by $67.1M. EPS beat the consensus estimate of $0.32 by $0.07.
How did Snowflake's Q1 2027 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 33.5% from $1.0B a year earlier and eps grew 62.5% from $0.24.
Where can I find Snowflake's Q1 2027 SEC filings?
You can read the 8-K earnings release (0001640147-26-000027) and the 10-Q periodic report (0001640147-26-000030) directly on SEC EDGAR. The filing index links above go to sec.gov.