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Snowflake SNOW Net margin

Net margin at other companies

LiveRamp Holdings, Inc. logo
LiveRamp Holdings, Inc.RAMP
18%+17.8pp
Microsoft logo
MicrosoftMSFT
40.3%+4.2pp
Teradata logo
TeradataTDC
24.9%+16.8pp
Amazon logo
AmazonAMZN
15.9%+5.4pp
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
49%+26.8pp
Oracle logo
OracleORCL
25.4%+3.7pp

Other financials

Income statement

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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

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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

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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$101.65B+46.1%
Enterprise value$100.01B+47.0%
P/S20.2×+3.3×

Profitability

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Gross margin67.1%+0.8pp
Operating margin-26.1%-6.8pp
FCF margin23.2%+3.5pp

Returns & leverage

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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 source filing: Snowflake’s 10-Q, filed May 29, 2026. Open the filing →

Filed
May 29, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001640147-26-000030

FAQ

What is Snowflake's net margin?
Snowflake (SNOW) reported net margin of -23.8% in Q1 2026.
How has Snowflake's net margin changed year-over-year?
Snowflake's net margin increased by 34.7% year-over-year, from -36.4% to -23.8%.
What is the long-term trend for Snowflake's net margin?
Over 5 years (2021 to 2026), Snowflake's net margin has grown at a -20.8% compound annual growth rate (CAGR), from -91.1% to -28.4%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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