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Snowflake SNOW Business Segments — Sales and marketing

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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$78.7B+11.3%
Enterprise value$77.06B+12.0%
P/S15.6×-2.8×

Profitability

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Gross margin67.1%+0.8pp
Operating margin-26.1%-6.8pp
Net margin-23.8%-6.1pp
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

Reported directly by Snowflake in its filing.

Tagged under the XBRL concept us-gaap:SellingAndMarketingExpense.

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 business segments — sales and marketing?
Snowflake (SNOW) reported business segments — sales and marketing of $588.95M in Q1 2026.
How has Snowflake's business segments — sales and marketing changed year-over-year?
Snowflake's business segments — sales and marketing increased by 28.4% year-over-year, from $458.55M to $588.95M.
What is the long-term trend for Snowflake's business segments — sales and marketing?
Over 3 years (2023 to 2026), Snowflake's business segments — sales and marketing has grown at a 23.1% compound annual growth rate (CAGR), from $1.11B to $2.06B.
What does business segments — sales and marketing mean?
Includes all costs associated with acquiring new customers and promoting the segment's products or services. This encompasses advertising, sales commissions, marketing events, and the salaries of the sales force.