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Snowflake SNOW Ratios & Valuation

TTM Q1 '27TTM Q4 '26TTM Q3 '26TTM Q2 '26TTM Q1 '26
Profitability
Gross margin268%+0.2pp267.2%-2.3pp266.6%-4.4pp266.6%-4.4pp267.8%-1.6pp
Operating margin-128.4%+30.3pp-142.8%+14.2pp-152.3%+3.6pp-157.4%-0.5pp-158.7%+0.7pp
Net margin-116.5%+20.1pp-129.1%+1.9pp-136.2%-10.8pp-138.4%-12.8pp-136.6%-7.5pp
EBITDA margin-109.3%+29.8pp-123.4%+14.4pp-132.6%+4.8pp-137.6%+1.7pp-139%+3.9pp
Free cash flow margin83.1%-12.4pp79.6%-24.7pp80.9%-27.2pp87.3%-23.1pp95.5%-15.2pp
Returns
Return on equity-204.9%-83.0pp-190%-89.4pp-167.4%-82.5pp-142.7%-69.7pp-121.9%-54.4pp
Return on assets-63.6%-2.0pp-67.4%-11.3pp-67.7%-15.9pp-65.8%-16.5pp-61.7%-14.7pp
Efficiency
Asset turnover2.2×+0.4×2.1×+0.4×+0.3×1.9×+0.3×1.8×+0.3×
Liquidity
Current ratio5.2×-1.6×5.7×-1.2×6.2×-0.8×6.7×-0.5×6.8×-1.2×
Quick ratio5.2×-1.6×5.7×-1.2×6.2×-0.8×6.7×-0.5×6.8×-1.2×
Cash ratio2.4×-0.5×2.6×-0.1×2.8×+0.2×+0.8×2.9×+0.8×
Leverage
Debt-to-equity0.9×+0.4×0.8×+0.4×0.7×+0.4×0.6×+0.3×0.5×+0.3×
Debt-to-assets0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Interest coverage-735.5×-899.2×-1,254×-3,024.5×
Per Share
Book value per share$24.68-34.1%$26.30$29.61$32.16$37.45
Valuation
Market capitalization$280.82B+44.1%$286.65B+48.0%$280.62B+41.0%$225.85B+8.2%$194.83B-12.9%
Enterprise value$273.66B+45.7%$279.22B+48.9%$273.31B+41.2%$218.28B+6.8%$187.8B-14.6%
Price / sales62.8×+7.7×67.2×+8.7×69.7×+4.4×59.7×-12.7×55.1×-27.6×
Price / book133.7×+68.1×131.4×+76.4×117.1×+69.5×86.5×+42.2×65.6×+20.8×
EV / sales61.2×+8.1×65.5×+8.8×67.8×+4.3×57.6×-13.3×53.2×-28.2×
Free cash flow yield6%-1.0pp5%-2.3pp4.8%-2.2pp6.1%-0.2pp7%+1.6pp
Earnings yield-7.9%+2.2pp-8%+1.3pp-8.1%+0.3pp-9.6%-2.3pp-10.1%-3.7pp

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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.