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Snowflake SNOW Q3 2026 earnings

Reported December 3, 2025 · After market close

Revenue$1.2BBeat by $28.6M
EPS$0.35Beat by $0.04
Revenue estimate$1.2B
EPS estimate$0.31

Next report

Sep 2, 2026 (Today)
Revenue estimate$1.5B
EPS estimate$0.45

Financials

Q3 2026

Income statement

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Revenue$1.2B+28.7%
Gross profit$822.0M+32.3%
Operating income-$329.5M+9.8%
Net income-$294.0M+9.4%
EPS (diluted)-$0.87+11.2%

Balance sheet

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Cash & equivalents$2.0B-8.4%
Total debt$407.9M+25.0%
Total equity$2.1B-27.2%
Total assets$8.2B+0.3%

Cash flow

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Operating cash flow$137.5M+35.2%
CapEx$23.9M+77.9%
Free cash flow$113.6M+28.7%

Valuation & ratios

Valuation

as of 10/31/25
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Market cap$93.13B+143%
Enterprise value$91.55B+151%
P/S21.2×+10.0×

Profitability

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Gross margin67.1%0.0pp
Operating margin-34.3%-3.9pp
Net margin-30.8%-2.0pp
FCF margin17.7%-6.4pp

Returns & leverage

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Return on equity-53.3%+323pp
Debt / equity0.2×+0.1×
Current ratio1.4×-0.5×

Segments

By geography

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EMEA$199.4M+35.5%
Asia-Pacific and Japan$68.7M+39.3%
Other Americas$32.2M+22.4%

By segment

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Reportable Segment$1.2B+28.7%

By product

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Professional services and other revenue$54.5M+30.4%

FAQ

When did Snowflake report Q3 2026 earnings?
Snowflake (SNOW) reported Q3 2026 earnings on December 3, 2025 after market close.
What were Snowflake's Q3 2026 revenue and EPS?
Snowflake reported revenue of $1.2B and eps of $0.35 for Q3 2026.
Did Snowflake beat estimates in Q3 2026?
Revenue beat the consensus estimate of $1.2B by $28.6M. EPS beat the consensus estimate of $0.31 by $0.04.
How did Snowflake's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 28.7% from $942.1M a year earlier and eps grew 75.0% from $0.20.
Where can I find Snowflake's Q3 2026 SEC filings?
You can read the 8-K earnings release (0001640147-25-000207) and the 10-Q periodic report (0001640147-25-000211) directly on SEC EDGAR. The filing index links above go to sec.gov.