What is Snowflake's net income?

Snowflake (SNOW) reported net income of -$295.57M in Q1 2026.

How has Snowflake's net income changed year-over-year?

Snowflake's net income increased by 31.3% year-over-year, from -$430.09M to -$295.57M.

What is the long-term trend for Snowflake's net income?

Over 4 years (2022 to 2026), Snowflake's net income has grown at a 18.3% compound annual growth rate (CAGR), from -$679.95M to -$1.33B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Snowflake SNOW Net Income

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Segments

By segment

See full

Reportable Segment-$295.57M+31.3%

Other financials

Income statement

See full

Revenue$1.4B+33.5%

Gross profit$926.5M+33.6%

Operating income-$326.2M+27.1%

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

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Market cap$78.7B+11.3%

Enterprise value$77.06B+12.0%

P/S15.6×-2.8×

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×

Where this comes from

Reported directly by Snowflake in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

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Questions, answered.

What is Snowflake's net income?: Snowflake (SNOW) reported net income of -$295.57M in Q1 2026.
How has Snowflake's net income changed year-over-year?: Snowflake's net income increased by 31.3% year-over-year, from -$430.09M to -$295.57M.
What is the long-term trend for Snowflake's net income?: Over 4 years (2022 to 2026), Snowflake's net income has grown at a 18.3% compound annual growth rate (CAGR), from -$679.95M to -$1.33B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.