SNOW
Snowflake Inc.
Stock
$341.04−0.95 (−0.28%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.4B | $4.7B | $3.6B | $2.8B | $2.1B | $1.2B | $592M | $265M | $97M |
| Cost of revenue | $1.8B | $1.5B | $1.2B | $899M | $718M | $458M | $243M | $117M | $52M |
| Gross profit | $3.6B | $3.1B | $2.4B | $1.9B | $1.3B | $761M | $349M | $148M | $45M |
| R&D | $2.1B | $2.0B | $1.8B | $1.3B | $788M | $467M | $238M | $105M | $69M |
| SG&A | $2.8B | $2.6B | $2.1B | $1.7B | $1.4B | $1.0B | $655M | $401M | $162M |
| Operating income | −$1.2B | −$1.4B | −$1.5B | −$1.1B | −$842M | −$715M | −$544M | −$358M | −$185M |
| Non-operating income | $162M | $123M | $171M | $246M | $26M | $38M | $6.9M | $11M | $8.3M |
| Pretax income | −$1.1B | −$1.3B | −$1.3B | −$849M | −$816M | −$677M | −$537M | −$348M | −$177M |
| Taxes | $16M | $20M | $541K | −$13M | −$19M | $3.0M | $2.1M | $993K | $820K |
| Net income | −$1.1B | −$1.3B | −$1.3B | −$836M | −$797M | −$680M | −$539M | −$349M | −$178M |
| Diluted EPS | −$3.18 | −$3.95 | −$3.86 | −$2.55 | −$2.50 | −$2.26 | −$3.81 | −$7.77 | −$4.67 |
| Diluted shares | — | 337.5M | 332.7M | 328.0M | 318.7M | 300.3M | 141.6M | 44.8M | 38.2M |
| Revenue growth | — | +29.2% | +29.2% | +35.9% | +69.4% | +106.0% | +123.6% | +173.9% | — |
| Gross margin | 67.0% | 67.2% | 66.5% | 68.0% | 65.3% | 62.4% | 59.0% | 56.0% | 46.5% |
| Operating margin | −22.8% | −30.6% | −40.2% | −39.0% | −40.8% | −58.6% | −91.9% | −135.3% | −191.9% |
| Net margin | −20.1% | −28.4% | −35.5% | −29.8% | −38.6% | −55.8% | −91.1% | −131.6% | −184.2% |