Income StatementBalance SheetCash FlowSegments
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Snowflake Income Statement

Revenue, expenses, and profitability over time

Snowflake generated $4.7B in trailing twelve-month revenue, up 0.6% year-over-year. Net income was -$1.3B with a -28.43% net margin. Gross margin stands at 67.17% and operating margin at -30.64%. Diluted EPS is $-3.95, which declined 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$4.7BGross Profit (TTM)$3.1BOperating Income (TTM)-$1.4BNet Income (TTM)-$1.3BEps Diluted (TTM)$-3.95
Latest FilingQ1 2026
Report Date2026-03-20
Market Cap$59.7B
ROE-54.09%

Earnings Per Share

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Basic earnings per share$-0.98$-0.82$-1.29$-0.89$-0.87$-0.90
Diluted earnings per share$-0.98$-0.82$-1.29$-0.89$-0.87$-0.90
Weighted-average shares, basic331.8M——335.2M339.6M—
Weighted-average shares, diluted331.8M——335.2M339.6M—

Operating Expenses

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
General and administrative$106.3M$115.1M$209.6M$119.5M$107.1M$113.5M
Other operating expenses$986.7M$462.2M$1.1B$1.1B$1.2B$1.2B
Research and development$442.4M$324.9M$472.4M$492.0M$494.0M$511.0M
Selling and marketing$438.0M$161.2M$458.6M$502.0M$550.4M$551.3M
Total operating expenses$986.7M$462.2M$1.1B$1.1B$1.2B$1.2B

Operating Income

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Gross profit$621.2M$123.2M$693.3M$773.2M$822.0M$857.7M
Operating income-$365.5M-$339.0M-$447.3M-$340.3M-$329.5M-$318.2M

Other Income & Expense

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Other Charges-$8.5M-$442.0K-$28.1M-$5.0M-$1.9M-$24.1M
Interest expense$689.0K$2.1M$2.1M$2.1M$2.1M$2.1M

Income Before Tax

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Income before income taxes-$326.0M-$275.1M-$424.2M-$297.9M-$287.9M-$301.9M

Tax

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Income tax expense$1.9M—$5.7M$62.0K$3.7M$7.7M

Net Income

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Net income-$324.3M-$263.6M-$430.1M-$298.0M-$294.0M-$309.6M

Other

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Investment and other (expense) income, net$48.7M$60.9M$53.2M$49.5M$45.5M$42.4M
Other income, net (Note 6)-$8.5M-$442.0K-$28.1M-$5.0M-$1.9M-$24.1M
Revenue From Contract With Customer Excluding Assessed Tax$942.1M$226.4M$1.0B$1.1B$1.2B$1.3B

Cost of Revenue

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Total cost of revenue$320.9M$103.2M$348.8M$371.8M$390.9M$426.3M

Revenue

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Total revenue$942.1M$226.4M$1.0B$1.1B$1.2B$1.3B