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Snowflake SNOW Q2 2026 earnings

Reported August 27, 2025 · After market close

Revenue$1.1BBeat by $56.9M
EPS$0.35Beat by $0.08
Revenue estimate$1.1B
EPS estimate$0.27

Next report

Dec 2, 2026 (in a month)
Revenue estimate$1.7B
EPS estimate$0.60

Financials

Q2 2026

Income statement

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Revenue$1.1B+31.8%
Gross profit$773.2M+33.1%
Operating income-$340.3M+4.2%
Net income-$298.0M+6.0%
EPS (diluted)-$0.89+6.3%

Balance sheet

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Cash & equivalents$2.0B+49.3%
Total debt$416.7M+33.2%
Total equity$2.4B-42.5%
Total assets$8.2B+18.0%

Cash flow

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Operating cash flow$74.9M+7.2%
CapEx$16.7M+230%
Free cash flow$58.2M-10.2%

Valuation & ratios

Valuation

as of 07/31/25
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Market cap$74.57B+71.2%
Enterprise value$73.03B+71.6%
P/S18.1×+4.5×

Profitability

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Gross margin66.6%-1.2pp
Operating margin-37.4%-1.2pp
Net margin-33.5%+2.0pp
FCF margin18.3%-8.2pp

Returns & leverage

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Return on equity-42.4%+1,137pp
Debt / equity0.2×+0.1×
Current ratio1.5×-0.1×

Segments

By geography

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EMEA$185.3M+34.4%
Asia-Pacific and Japan$67.6M+51.8%
Other Americas$30.6M+34.2%

By segment

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Reportable Segment$1.1B+31.8%

By product

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Professional services and other revenue$54.5M+37.7%

FAQ

When did Snowflake report Q2 2026 earnings?
Snowflake (SNOW) reported Q2 2026 earnings on August 27, 2025 after market close.
What were Snowflake's Q2 2026 revenue and EPS?
Snowflake reported revenue of $1.1B and eps of $0.35 for Q2 2026.
Did Snowflake beat estimates in Q2 2026?
Revenue beat the consensus estimate of $1.1B by $56.9M. EPS beat the consensus estimate of $0.27 by $0.08.
How did Snowflake's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 31.8% from $868.8M a year earlier and eps grew 94.4% from $0.18.
Where can I find Snowflake's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001640147-25-000177) and the 10-Q periodic report (0001640147-25-000187) directly on SEC EDGAR. The filing index links above go to sec.gov.