Snowflake Inc. income statement SNOW

Annual Quarterly

In fiscal 2026, which ended Jan 31, 2026, Snowflake Inc. reported revenue of $4.7 billion, up 29.2% from the year before. It recorded a net loss of $1.3 billion. The operating loss came to $1.4 billion, an operating margin of -30.6%. Diluted earnings per share were -$3.95. Over the twelve months ended Jul 31, 2026, revenue was $5.4 billion and the net loss was $1.1 billion. Across the 6 fiscal years shown, revenue grew from $592.0 million in fiscal 2021 to $4.7 billion in fiscal 2026, about 51.2% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2027 Jul 31, 2026	FY 2026 Jan 31, 2026	FY 2025 Jan 31, 2025	FY 2024 Jan 31, 2024	FY 2023 Jan 31, 2023	FY 2022 Jan 31, 2022	FY 2021 Jan 31, 2021
Revenue	5,435 +32.0%	4,684 +29.2%	3,626 +29.2%	2,806 +35.9%	2,066 +69.4%	1,219 +106.0%	592
Cost of revenue	1,792 +30.3%	1,538 +26.6%	1,215 +35.2%	899 +25.2%	718 +56.5%	458 +89.0%	243
Gross profit	3,643 +32.9%	3,146 +30.5%	2,412 +26.4%	1,908 +41.5%	1,348 +77.2%	761 +117.7%	349
Research and development	2,107 +11.0%	1,969 +10.4%	1,783 +38.5%	1,288 +63.4%	788 +68.8%	467 +96.2%	238
Selling, general and administrative	2,772 +16.4%	2,612 +25.3%	2,084 +21.6%	1,715 +22.3%	1,402 +39.0%	1,009 +53.9%	655
Operating expenses	4,880 +14.0%	4,581 +18.4%	3,868 +28.8%	3,003 +37.1%	2,190 +48.4%	1,476 +65.2%	893
Operating income	-1,237 +19.7%	-1,435 +1.4%	-1,456 -33.0%	-1,095 -30.0%	-842 -17.8%	-715 -31.5%	-544
Pretax income	-1,075 +22.0%	-1,312 -2.1%	-1,285 -51.3%	-849 -4.1%	-816 -20.5%	-677 -26.1%	-537
Income tax	14 +302.6%	17 +316.4%	4 +136.6%	-11 +39.2%	-18 -718.0%	3 +44.9%	2
Net income	-1,091 +20.9%	-1,332 -3.6%	-1,286 -53.8%	-836 -4.9%	-797 -17.2%	-680 -26.1%	-539
Basic EPS	-3.17	-3.95 -2.3%	-3.86 -51.4%	-2.55 -2.0%	-2.50 -10.6%	-2.26	—
Diluted EPS	-3.17	-3.95 -2.3%	-3.86 -51.4%	-2.55 -2.0%	-2.50 -10.6%	-2.26	—
Weighted average shares, basic	344	337 +1.4%	333 +1.4%	328 +2.9%	319 +6.1%	300	—
Weighted average shares, diluted	344	337 +1.4%	333 +1.4%	328 +2.9%	319 +6.1%	300	—
Other measures
Depreciation and amortization	253 +26.0%	220 +20.8%	183 +52.2%	120 +88.7%	64 +195.5%	21 +118.8%	10
EBITDA	-984 +26.5%	-1,215 +4.6%	-1,274 -30.6%	-975 -25.2%	-779 -12.3%	-694 -29.8%	-534
Interest coverage	-148.76x	-172.95x	-527.73x	—	—	—	—
Margins
Gross margin	67.03%	67.17%	66.50%	67.98%	65.26%	62.40%	59.03%
Operating margin	-22.76%	-30.64%	-40.15%	-39.01%	-40.77%	-58.64%	-91.87%
Pretax margin	-19.78%	-28.01%	-35.44%	-30.26%	-39.50%	-55.52%	-90.71%
Profit margin	-20.07%	-28.43%	-35.45%	-29.79%	-38.57%	-55.76%	-91.06%
EBITDA margin	-18.10%	-25.93%	-35.12%	-34.74%	-37.70%	-56.88%	-90.21%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Services-Prepackaged Software (SIC 7372)
Listed as: SNOW (NYSE)
Fiscal year ends: January 31
Incorporated in: DE
Headquarters: Menlo Park, CA
SEC filer status: Large accelerated filer
SEC CIK: 1640147
Former names: Snowflake Computing, Inc. (until Oct 16, 2018)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.