Skip to content

Snowflake SNOW Gross margin

Gross margin at other companies

Microsoft logo
MicrosoftMSFT
68.3%-0.8pp
Amazon logo
AmazonAMZN
50.6%+1.4pp
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
84.1%+4.1pp
MongoDB logo
MongoDBMDB
72%-0.9pp
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
69.4%-4.9pp
International Business Machines logo
International Business MachinesIBM
58.4%+1.3pp

Other financials

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-19.5%
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

See full
Market cap$81.28B-11.0%
Enterprise value$79.65B-10.9%
P/S16.2×-7.6×

Profitability

See full
Operating margin-26.1%-6.8pp
Net margin-23.8%-6.1pp

Returns & leverage

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

Where this comes from

Calculated from Snowflake’s reported figures.

Based on trailing twelve months.

The official record: Snowflake’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Snowflake's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Snowflake's gross margin?
Snowflake (SNOW) reported gross margin of 67.1% in Q1 2026.
How has Snowflake's gross margin changed year-over-year?
Snowflake's gross margin increased by 1.2% year-over-year, from 66.4% to 67.1%.
What is the long-term trend for Snowflake's gross margin?
Over 4 years (2022 to 2026), Snowflake's gross margin has grown at a 2.8% compound annual growth rate (CAGR), from 239.5% to 267.2%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.