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.
SNOW Q3 2026 Key Financial Metrics
Revenue
$1.2B
Gross Profit
$822.0M
Operating Profit
$-329.5M
Net Profit
$-294.0M
Gross Margin
67.8%
Operating Margin
-27.2%
Net Margin
-24.2%
YoY Growth
28.7%
EPS
$-0.87
Financial Flow
Snowflake Inc. Q3 2026 Financial Summary
Snowflake Inc. reported revenue of $1.2B (up 28.7% YoY) for Q3 2026, with a net profit of $-294.0M (up 9.4% YoY) (-24.2% margin). Cost of goods sold was $390.9M, operating expenses totaled $1.2B.
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $-294.0M |
| Gross Margin | 67.8% |
| Operating Margin | -27.2% |
| Report Period | Q3 2026 |
Revenue Breakdown
Snowflake Inc. Q3 2026 revenue of $1.2B breaks down across 3 segments, led by Products at $1.2B (95.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $1.2B | 95.5% |
| Professional Services And Other | $54.5M | 4.5% |
| Related Party | $6.7M | 0.6% |
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 |
| Related Party | $6.7M | $5.9M | — | — |
Snowflake Inc. Annual Revenue by Year
Snowflake Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.6B). Click any linked year to see what changed vs the prior annual report.
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 |