What are Snowflake's profit margins?

Snowflake (SNOW) runs a 67.1% gross margin and a -26.1% operating margin, with a -23.8% net margin.

Where do Snowflake's ratios come from?

Every ratio is computed from Snowflake's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Snowflake SNOW Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '27	TTM Q4 '26	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26
Profitability
Gross margin	268%+0.8pp	267.2%+0.7pp	266.6%0.0pp	266.6%-1.2pp	267.8%-1.7pp
Operating margin	-128.4%+14.4pp	-142.8%+9.5pp	-152.3%+5.1pp	-157.4%+1.3pp	-158.7%-1.6pp
Net margin	-116.5%+12.6pp	-129.1%+7.0pp	-136.2%+2.3pp	-138.4%-1.8pp	-136.6%-5.6pp
EBITDA margin	-109.3%+14.2pp	-123.4%+9.2pp	-132.6%+5.0pp	-137.6%+1.4pp	-139%-1.2pp
Free cash flow margin	83.1%+3.5pp	79.6%-1.3pp	80.9%-6.4pp	87.3%-8.2pp	95.5%-8.8pp
Returns
Return on equity	-204.9%-14.9pp	-190%-22.7pp	-167.4%-24.6pp	-142.7%-20.8pp	-121.9%-21.3pp
Return on assets	-63.6%+3.8pp	-67.4%+0.2pp	-67.7%-1.8pp	-65.8%-4.1pp	-61.7%-5.5pp
Efficiency
Asset turnover	2.2×+0.1×	2.1×+0.1×	2×+0.1×	1.9×+0.1×	1.8×+0.1×
Liquidity
Current ratio	5.2×-0.5×	5.7×-0.5×	6.2×-0.5×	6.7×-0.1×	6.8×-0.1×
Quick ratio	5.2×-0.5×	5.7×-0.5×	6.2×-0.5×	6.7×-0.1×	6.8×-0.1×
Cash ratio	2.4×-0.2×	2.6×-0.2×	2.8×-0.2×	3×+0.1×	2.9×+0.2×
Leverage
Debt-to-equity	0.9×+0.1×	0.8×+0.1×	0.7×+0.1×	0.6×+0.1×	0.5×+0.1×
Debt-to-assets	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Interest coverage	-735.5×+164×	-899.2×+355×	-1,254×+1,770×	-3,024.5×—	——
Per Share
Book value per share	$24.68-6.2%	$26.30-11.2%	$29.61-7.9%	$32.16-14.1%	$37.45—
Valuation
Market capitalization	$280.82B-2.0%	$286.65B+2.1%	$280.62B+24.3%	$225.85B+15.9%	$194.83B+0.6%
Enterprise value	$273.66B-2.0%	$279.22B+2.2%	$273.31B+25.2%	$218.28B+16.2%	$187.8B+0.2%
Price / sales	62.8×-4.4×	67.2×-2.4×	69.7×+10.0×	59.7×+4.5×	55.1×-3.4×
Price / book	133.7×+2.3×	131.4×+14.3×	117.1×+30.6×	86.5×+20.9×	65.6×+10.6×
EV / sales	61.2×-4.3×	65.5×-2.3×	67.8×+10.2×	57.6×+4.5×	53.2×-3.6×
Free cash flow yield	6%+1.0pp	5%+0.2pp	4.8%-1.3pp	6.1%-0.9pp	7%-0.2pp
Earnings yield	-7.9%+0.1pp	-8%+0.1pp	-8.1%+1.5pp	-9.6%+0.5pp	-10.1%-0.8pp

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Questions, answered.

What are Snowflake's profit margins?: Snowflake (SNOW) runs a 67.1% gross margin and a -26.1% operating margin, with a -23.8% net margin.
Where do Snowflake's ratios come from?: Every ratio is computed from Snowflake's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.