Snowflake Inc.SNOWEarnings & Financial Report
Snowflake Inc. is an American cloud-based data platform company founded in San Mateo, California, and headquartered in Bozeman, Montana. It operates a platform that supports data analysis and simultaneous access to data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
Revenue
$942.1M
Gross Profit
$621.2M
Operating Profit
$-365.5M
Net Profit
$-324.3M
Gross Margin
65.9%
Operating Margin
-38.8%
Net Margin
-34.4%
YoY Growth
28.3%
EPS
$-0.98
Financial Flow
Snowflake Inc. Q3 2025 Financial Summary
Snowflake Inc. reported revenue of $942.1M (up 28.3% YoY) for Q3 2025, with a net profit of $-324.3M (down 51.4% YoY) (-34.4% margin). Cost of goods sold was $320.9M, operating expenses totaled $986.7M.
Key Financial Metrics
| Total Revenue | $942.1M |
|---|---|
| Net Profit | $-324.3M |
| Gross Margin | 65.9% |
| Operating Margin | -38.8% |
| Report Period | Q3 2025 |
Revenue Breakdown
Snowflake Inc. Q3 2025 revenue of $942.1M breaks down across 2 segments, led by Products at $900.3M (95.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $900.3M | 95.6% |
| Professional Services And Other | $41.8M | 4.4% |
Snowflake Inc. Revenue by Segment — Quarterly Trend
Snowflake Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Professional Services And Other) has evolved quarter over quarter.
| Segment | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|
| Products | $1.2B | $1.1B | — | $943.3M |
| Professional Services And Other | $54.5M | $54.5M | — | $43.5M |
Snowflake Inc. Annual Revenue by Year
Snowflake Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.6B |
| 2024 | $2.8B |
| 2023 | $2.1B |
| 2022 | $1.2B |
Snowflake Inc. Quarterly Revenue & Net Profit History
Snowflake Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 2026 | $1.2B | +28.7% | $-294.0M | -24.2% |
| Q2 2026 | $1.1B | +31.8% | $-298.0M | -26.0% |
| Q1 2026 | $1.0B | +25.7% | $-430.1M | -41.3% |
| Q4 2025 | $986.8M | +27.4% | $-327.5M | -33.2% |
| Q3 2025 | $942.1M | +28.3% | $-324.3M | -34.4% |
| Q2 2025 | $868.8M | +28.9% | $-316.9M | -36.5% |
| Q1 2025 | $828.7M | +32.9% | $-317.0M | -38.3% |
| Q4 2024 | $774.7M | +31.5% | $-169.4M | -21.9% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $774.7M | $828.7M | $868.8M | $942.1M | $986.8M | $1.04B | $1.14B | $1.21B |
| YoY Growth | 31.5% | 32.9% | 28.9% | 28.3% | 27.4% | 25.7% | 31.8% | 28.7% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.22B | $7.30B | $6.94B | $8.20B | $9.03B | $8.16B | $8.20B | $8.23B |
| Liabilities | $3.03B | $2.73B | $2.81B | $5.27B | $6.03B | $5.74B | $5.82B | $6.10B |
| Equity | $5.18B | $4.56B | $4.13B | $2.93B | $3.00B | $2.41B | $2.37B | $2.13B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $344.6M | $355.5M | $69.9M | $101.7M | $432.7M | $228.4M | $74.9M | $137.5M |