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Snowflake (SNOW) Financials

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$250.77 +9.10 (+3.77%)
As of 12:00 PM Eastern
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Annual Income Statements for Snowflake

Annual Income Statements for Snowflake

This table shows Snowflake's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 1/31/2019 1/31/2020 1/31/2021 1/31/2022 1/31/2023 1/31/2024 1/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-178 -349 -539 -680 -797 -836 -1,286
Consolidated Net Income / (Loss)
-178 -349 -539 -680 -798 -838 -1,289
Net Income / (Loss) Continuing Operations
-178 -349 -539 -680 -798 -838 -1,289
Total Pre-Tax Income
-177 -348 -537 -677 -816 -849 -1,285
Total Operating Income
-185 -358 -544 -715 -842 -1,095 -1,456
Total Gross Profit
45 148 349 761 1,348 1,908 2,412
Total Revenue
97 265 592 1,219 2,066 2,806 3,626
Operating Revenue
97 265 592 1,219 2,066 2,806 3,626
Total Cost of Revenue
52 117 243 458 718 899 1,215
Operating Cost of Revenue
52 117 243 458 718 899 1,215
Total Operating Expenses
230 506 893 1,476 2,190 3,003 3,868
Selling, General & Admin Expense
36 108 176 265 296 323 412
Marketing Expense
126 294 479 744 1,107 1,392 1,672
Research & Development Expense
69 105 238 467 788 1,288 1,783
Total Other Income / (Expense), net
8.26 11 6.90 38 26 246 171
Interest Expense
- - - - 0.00 0.00 2.76
Interest & Investment Income
8.76 12 7.51 9.13 74 201 209
Other Income / (Expense), net
-0.50 -1.01 -0.61 29 -48 45 -35
Income Tax Expense
0.82 0.99 2.06 2.99 -18 -11 4.11
Net Income / (Loss) Attributable to Noncontrolling Interest
- - 0.00 0.00 -0.82 -1.89 -3.57
Basic Earnings per Share
($4.67) ($7.77) ($3.81) ($2.26) ($2.50) ($2.55) ($3.86)
Weighted Average Basic Shares Outstanding
38.16M 44.85M 141.61M 300.27M 318.73M 328.00M 332.71M
Diluted Earnings per Share
($4.67) ($7.77) ($3.81) ($2.26) ($2.50) ($2.55) ($3.86)
Weighted Average Diluted Shares Outstanding
38.16M 44.85M 141.61M 300.27M 318.73M 328.00M 332.71M
Weighted Average Basic & Diluted Shares Outstanding
38.16M 44.85M 141.61M 314.60M 325M 334.20M 334.10M

Quarterly Income Statements for Snowflake

This table shows Snowflake's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 1/31/2023 4/30/2023 7/31/2023 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-207 -226 -227 -214 -169 -317 -317 -324 -327 -430 -298
Consolidated Net Income / (Loss)
-207 -226 -227 -215 -170 -318 -318 -328 -326 -430 -298
Net Income / (Loss) Continuing Operations
-207 -226 -227 -215 -170 -318 -318 -328 -326 -430 -298
Total Pre-Tax Income
-207 -233 -231 -211 -174 -315 -314 -326 -330 -424 -298
Total Operating Income
-240 -273 -285 -261 -276 -349 -355 -365 -387 -447 -340
Total Gross Profit
383 414 456 505 533 556 581 621 654 693 773
Total Revenue
589 624 674 734 775 829 869 942 987 1,042 1,145
Operating Revenue
589 624 674 734 775 829 869 942 987 1,042 1,145
Total Cost of Revenue
206 209 218 229 242 273 288 321 333 349 372
Operating Cost of Revenue
206 209 218 229 242 273 288 321 333 349 372
Total Operating Expenses
623 687 741 766 808 905 936 987 1,040 1,141 1,113
Selling, General & Admin Expense
78 78 84 79 82 93 98 106 115 210 119
Marketing Expense
303 332 343 355 362 401 401 438 433 459 502
Research & Development Expense
242 277 314 332 364 411 438 442 492 472 492
Total Other Income / (Expense), net
33 41 54 49 101 33 41 39 57 23 42
Interest Expense
- - - 0.00 - 0.00 0.00 0.69 - 2.07 2.07
Interest & Investment Income
36 43 50 53 54 55 49 49 56 53 49
Other Income / (Expense), net
-2.89 -2.56 4.09 -4.17 48 -21 -7.95 -8.47 2.38 -28 -4.99
Income Tax Expense
0.37 -6.61 -3.72 3.39 -4.30 2.72 3.79 1.94 -4.33 5.73 0.06
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.32 -0.44 -0.45 -0.44 -0.56 -0.83 -0.87 -3.62 1.75 0.14 0.09
Basic Earnings per Share
($0.64) ($0.70) ($0.69) ($0.65) ($0.51) ($0.95) ($0.95) ($0.98) ($0.98) ($1.29) ($0.89)
Weighted Average Basic Shares Outstanding
318.73M 0.00 0.00 0.00 328.00M 0.00 334.07M 0.00 332.71M 0.00 335.22M
Diluted Earnings per Share
($0.64) ($0.70) ($0.69) ($0.65) ($0.51) ($0.95) ($0.95) ($0.98) ($0.98) ($1.29) ($0.89)
Weighted Average Diluted Shares Outstanding
318.73M 0.00 0.00 0.00 328.00M 0.00 334.07M 0.00 332.71M 0.00 335.22M
Weighted Average Basic & Diluted Shares Outstanding
325M 325.90M 329.70M 329.30M 334.20M 334.80M 335.20M 330.10M 334.10M 333.70M 338.80M

Annual Cash Flow Statements for Snowflake

This table details how cash moves in and out of Snowflake's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 1/31/2019 1/31/2020 1/31/2021 1/31/2022 1/31/2023 1/31/2024 1/31/2025
Net Change in Cash & Equivalents
-93 19 693 267 -146 824 918
Net Cash From Operating Activities
-144 -177 -45 110 546 848 960
Net Cash From Continuing Operating Activities
-144 -177 -45 110 546 848 960
Net Income / (Loss) Continuing Operations
-178 -349 -539 -680 -798 -838 -1,289
Consolidated Net Income / (Loss)
-178 -349 -539 -680 -798 -838 -1,289
Depreciation Expense
1.36 3.52 9.83 21 64 120 183
Amortization Expense
0.66 12 37 86 61 13 52
Non-Cash Adjustments To Reconcile Net Income
26 108 340 615 956 1,189 1,578
Changes in Operating Assets and Liabilities, net
6.44 49 107 68 263 364 436
Net Cash From Investing Activities
-363 138 -4,037 -21 -598 832 191
Net Cash From Continuing Investing Activities
-363 138 -4,037 -21 -598 832 191
Purchase of Property, Plant & Equipment
-4.02 -23 -40 -29 -49 -69 -76
Acquisitions
0.00 -6.31 -14 -24 -363 -304 -30
Purchase of Investments
-738 -623 -4,860 -4,250 -3,901 -2,476 -2,570
Sale and/or Maturity of Investments
380 791 878 4,283 3,716 3,682 2,867
Net Cash From Financing Activities
414 57 4,775 178 -93 -854 -227
Net Cash From Continuing Financing Activities
414 57 4,775 178 -93 -854 -227
Repayment of Debt
- 0.00 2.09 - 0.00 0.00 -31
Repurchase of Common Equity
-30 -0.39 - 0.00 0.00 -592 -1,932
Issuance of Debt
0.00 - - - 0.00 0.00 2,300
Issuance of Common Equity
0.00 0.00 4,242 52 54 61 77
Other Financing Activities, net
5.02 34 52 126 -147 -324 -640
Effect of Exchange Rate Changes
- 0.00 -0.01 -0.24 -0.93 -2.03 -6.19
Cash Income Taxes Paid
0.24 1.43 1.20 1.48 6.55 12 16

Quarterly Cash Flow Statements for Snowflake

This table details how cash moves in and out of Snowflake's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 1/31/2023 4/30/2023 7/31/2023 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025
Net Change in Cash & Equivalents
121 -286 103 227 781 -432 -36 853 532 -379 -359
Net Cash From Operating Activities
217 299 83 121 345 355 70 102 433 228 75
Net Cash From Continuing Operating Activities
217 299 83 121 345 355 70 102 433 228 75
Net Income / (Loss) Continuing Operations
-207 -226 -227 -215 -170 -318 -318 -328 -326 -430 -298
Consolidated Net Income / (Loss)
-207 -226 -227 -215 -170 -318 -318 -328 -326 -430 -298
Depreciation Expense
20 23 29 32 35 40 45 47 50 49 55
Amortization Expense
7.09 2.34 0.52 2.64 7.77 11 10 15 17 20 30
Non-Cash Adjustments To Reconcile Net Income
266 290 309 316 274 367 378 390 444 528 430
Changes in Operating Assets and Liabilities, net
132 210 -28 -16 198 255 -45 -22 248 61 -141
Net Cash From Investing Activities
-65 -362 101 571 523 -151 384 -267 225 -56 -299
Net Cash From Continuing Investing Activities
-65 -362 101 571 523 -151 384 -267 225 -56 -299
Purchase of Property, Plant & Equipment
-12 -16 -14 -19 -20 -24 -11 -23 -17 -45 -17
Purchase of Investments
-1,105 -1,037 -689 -369 -381 -1,079 -196 -1,014 -280 -1,013 -636
Sale and/or Maturity of Investments
1,062 814 973 975 920 952 601 779 536 1,002 519
Net Cash From Financing Activities
-40 -224 -82 -460 -89 -633 -491 1,018 -120 -564 -134
Net Cash From Continuing Financing Activities
-40 -224 -82 -460 -89 -633 -491 1,018 -120 -564 -134
Other Financing Activities, net
-40 -69 -82 -84 -89 -164 -91 -265 -120 -127 -134
Effect of Exchange Rate Changes
8.46 0.54 0.47 -5.60 2.56 -2.63 0.72 0.78 -5.06 12 -0.18

Annual Balance Sheets for Snowflake

This table presents Snowflake's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 1/31/2020 1/31/2021 1/31/2022 1/31/2023 1/31/2024 1/31/2025
Total Assets
1,013 5,922 6,650 7,722 8,223 9,034
Total Current Assets
665 4,301 4,599 4,985 5,039 5,869
Cash & Equivalents
127 820 1,086 940 1,763 2,629
Short-Term Investments
307 3,088 2,766 3,068 2,083 2,009
Accounts Receivable
179 294 546 716 927 923
Prepaid Expenses
25 66 150 193 180 211
Other Current Assets
26 32 51 68 86 98
Plant, Property, & Equipment, net
27 69 105 161 247 296
Total Noncurrent Assets
320 1,552 1,946 2,577 2,937 2,868
Long-Term Investments
24 1,165 1,256 1,073 916 656
Goodwill
7.05 8.45 8.45 657 976 1,057
Intangible Assets
4.80 16 37 186 331 278
Other Noncurrent Operating Assets
285 362 644 660 713 877
Total Liabilities & Shareholders' Equity
1,013 5,922 6,650 7,722 8,223 9,034
Total Liabilities
621 985 1,601 2,254 3,033 6,027
Total Current Liabilities
416 789 1,397 1,994 2,731 3,301
Accounts Payable
8.49 5.65 13 24 52 170
Accrued Expenses
63 125 201 269 447 515
Current Deferred Revenue
327 639 1,158 1,673 2,199 2,580
Other Current Liabilities
18 20 25 27 34 36
Total Noncurrent Liabilities
205 196 204 260 302 2,726
Long-Term Debt
- - - - 0.00 2,272
Noncurrent Deferred Revenue
2.91 4.19 11 11 14 16
Other Noncurrent Operating Liabilities
202 192 192 249 287 439
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-545 4,936 5,049 5,469 5,191 3,007
Total Preferred & Common Equity
-545 4,936 5,049 5,456 5,180 3,000
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-545 4,936 5,049 5,456 5,180 3,000
Common Stock
155 6,175 6,985 8,211 9,331 10,355
Retained Earnings
-700 -1,239 -1,919 -2,716 -4,076 -7,294
Treasury Stock
- - - 0.00 -67 -60
Accumulated Other Comprehensive Income / (Loss)
0.22 0.44 -16 -38 -8.22 -2.24
Noncontrolling Interest
- - 0.00 12 10 6.71

Quarterly Balance Sheets for Snowflake

This table presents Snowflake's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 4/30/2022 7/31/2022 10/31/2022 4/30/2023 7/31/2023 10/31/2023 4/30/2024 7/31/2024 10/31/2024 4/30/2025 7/31/2025
Total Assets
7,023 7,064 7,156 7,447 7,510 7,264 7,298 6,944 8,202 8,157 8,197
Total Current Assets
4,342 4,504 4,559 4,570 4,405 4,312 4,143 3,898 4,984 4,786 4,596
Cash & Equivalents
1,063 907 819 653 755 982 1,330 1,282 2,149 2,243 1,881
Short-Term Investments
2,752 3,046 3,124 3,293 2,997 2,566 2,201 1,948 2,008 1,668 1,706
Accounts Receivable
278 305 394 353 406 511 346 432 596 531 647
Prepaid Expenses
195 188 160 202 174 178 181 149 141 241 233
Other Current Assets
54 58 62 69 72 75 85 87 90 104 130
Plant, Property, & Equipment, net
119 130 146 176 194 216 264 265 278 290 283
Total Noncurrent Assets
2,562 2,430 2,451 2,701 2,911 2,736 2,891 2,781 2,940 3,081 3,318
Long-Term Investments
1,212 1,087 943 1,091 1,101 948 928 697 893 956 1,013
Goodwill
503 503 649 711 774 784 976 984 991 1,057 1,175
Intangible Assets
182 172 196 256 346 330 308 287 269 254 285
Other Noncurrent Operating Assets
666 669 662 642 690 674 679 813 788 814 844
Total Liabilities & Shareholders' Equity
7,023 7,064 7,156 7,447 7,510 7,264 7,298 6,944 8,202 8,157 8,197
Total Liabilities
1,565 1,638 1,732 2,149 2,212 2,324 2,730 2,806 5,268 5,743 5,817
Total Current Liabilities
1,364 1,401 1,479 1,888 1,913 2,033 2,429 2,465 2,647 3,031 3,096
Accounts Payable
18 20 25 22 41 75 64 135 149 155 167
Accrued Expenses
185 210 225 276 315 318 398 449 485 528 623
Current Deferred Revenue
1,133 1,145 1,200 1,560 1,523 1,606 1,936 1,848 1,975 2,310 2,268
Other Current Liabilities
27 27 29 29 34 33 31 33 38 37 38
Total Noncurrent Liabilities
201 236 253 261 298 291 302 342 2,621 2,712 2,721
Long-Term Debt
- - - - - - - - 2,269 2,274 2,276
Noncurrent Deferred Revenue
10 8.79 7.33 14 12 12 15 12 12 14 12
Other Noncurrent Operating Liabilities
191 228 246 247 286 279 287 329 339 425 434
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
5,458 5,426 5,423 5,298 5,298 4,941 4,568 4,138 2,934 2,415 2,380
Total Preferred & Common Equity
5,458 5,426 5,411 5,286 5,287 4,930 4,558 4,129 2,929 2,408 2,373
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
5,458 5,426 5,411 5,286 5,287 4,930 4,558 4,129 2,929 2,408 2,373
Common Stock
7,590 7,782 7,989 8,450 8,679 8,932 9,547 9,823 9,964 10,672 10,939
Retained Earnings
-2,085 -2,308 -2,509 -3,065 -3,292 -3,906 -4,909 -5,626 -6,970 -8,215 -8,512
Treasury Stock
- - - -68 -68 -68 -64 -63 -61 -58 -57
Accumulated Other Comprehensive Income / (Loss)
-47 -48 -69 -31 -32 -27 -16 -5.38 -2.76 8.17 2.78
Noncontrolling Interest
- - 12 12 11 11 9.46 8.59 4.96 6.85 6.94

Annual Metrics And Ratios for Snowflake

This table displays calculated financial ratios and metrics derived from Snowflake's official financial filings.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 1/31/2019 1/31/2020 1/31/2021 1/31/2022 1/31/2023 1/31/2024 1/31/2025
Growth Metrics
- - - - - - -
Revenue Growth
0.00% 173.88% 123.63% 105.95% 69.41% 35.86% 29.21%
EBITDA Growth
0.00% -87.04% -44.53% -16.38% -32.25% -19.78% -37.05%
EBIT Growth
0.00% -93.10% -51.65% -25.99% -29.70% -17.99% -42.05%
NOPAT Growth
0.00% -93.08% -51.90% -31.46% -17.79% -29.98% -33.00%
Net Income Growth
0.00% -95.78% -54.68% -26.13% -17.29% -5.07% -53.85%
EPS Growth
0.00% -66.38% 50.97% 40.68% -10.62% -2.00% -51.37%
Operating Cash Flow Growth
0.00% -22.63% 74.28% 342.59% 395.23% 55.44% 13.16%
Free Cash Flow Firm Growth
0.00% 0.00% -67.62% -86.65% -79.29% 22.18% 28.69%
Invested Capital Growth
0.00% 0.00% -107.80% 56.71% 754.33% 10.40% -103.73%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 18.84% 11.03% 7.09% 6.21%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 11.63% -16.95% 3.23% -11.75%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 8.84% -14.06% 1.38% -11.71%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 6.34% -11.63% -3.38% -8.27%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 8.94% -10.43% 4.29% -13.75%
EPS Q/Q Growth
0.00% 0.00% 0.00% -39.51% -10.13% 4.85% -13.86%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 57.88% 116.48% 33.99% 17.65% 10.11%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 10.76% -24.41% 11.66%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 38.28% -27.84% -3.68% -110.37%
Profitability Metrics
- - - - - - -
Gross Margin
46.46% 55.97% 59.03% 62.40% 65.26% 67.98% 66.50%
EBITDA Margin
-190.29% -129.95% -83.99% -47.46% -37.05% -32.66% -34.65%
Operating Margin
-191.86% -135.26% -91.87% -58.64% -40.77% -39.01% -40.15%
EBIT Margin
-192.38% -135.64% -91.98% -56.27% -43.08% -37.41% -41.12%
Profit (Net Income) Margin
-184.17% -131.65% -91.06% -55.76% -38.61% -29.86% -35.55%
Tax Burden Percent
100.46% 100.29% 100.38% 100.44% 97.74% 98.68% 100.32%
Interest Burden Percent
95.29% 96.78% 98.62% 98.67% 91.70% 80.89% 86.17%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% -358.99% -187.88% -494.68%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% -354.91% -186.43% -487.75%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 343.83% 172.16% 463.23%
Return on Equity (ROE)
0.00% -88.98% -20.24% -13.62% -15.17% -15.72% -31.45%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% -267.35% -197.77% 0.00%
Operating Return on Assets (OROA)
0.00% -35.46% -15.71% -10.92% -12.38% -13.17% -17.28%
Return on Assets (ROA)
0.00% -34.42% -15.55% -10.82% -11.10% -10.51% -14.94%
Return on Common Equity (ROCE)
0.00% 123.74% -16.68% -13.62% -15.15% -15.69% -31.39%
Return on Equity Simple (ROE_SIMPLE)
0.00% 63.98% -10.92% -13.47% -14.62% -16.18% -42.97%
Net Operating Profit after Tax (NOPAT)
-130 -251 -381 -501 -590 -766 -1,019
NOPAT Margin
-134.30% -94.68% -64.31% -41.05% -28.54% -27.31% -28.11%
Net Nonoperating Expense Percent (NNEP)
0.00% -42.78% -5.73% -3.52% -4.08% -1.46% -6.94%
Return On Investment Capital (ROIC_SIMPLE)
- - - - -10.78% -14.76% -19.31%
Cost of Revenue to Revenue
53.54% 44.03% 40.97% 37.60% 34.74% 32.02% 33.50%
SG&A Expenses to Revenue
37.30% 40.62% 29.75% 21.74% 14.32% 11.51% 11.37%
R&D to Revenue
71.05% 39.72% 40.19% 38.29% 38.15% 45.89% 49.18%
Operating Expenses to Revenue
238.32% 191.23% 150.90% 121.04% 106.04% 106.99% 106.66%
Earnings before Interest and Taxes (EBIT)
-186 -359 -545 -686 -890 -1,050 -1,491
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-184 -344 -497 -579 -765 -917 -1,256
Valuation Ratios
- - - - - - -
Price to Book Value (P/BV)
0.00 0.00 15.62 16.74 9.22 12.44 19.97
Price to Tangible Book Value (P/TBV)
0.00 0.00 15.70 16.89 10.91 16.63 35.98
Price to Revenue (P/Rev)
0.00 0.00 130.28 69.31 24.36 22.96 16.52
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 116.69 139.41 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 121.71 65.12 21.90 21.26 15.69
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 720.64 82.92 70.36 59.29
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.76
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.76
Financial Leverage
0.00 -1.17 -1.04 -1.02 -0.97 -0.92 -0.95
Leverage Ratio
0.00 2.59 1.30 1.26 1.37 1.50 2.11
Compound Leverage Factor
0.00 2.50 1.28 1.24 1.25 1.21 1.81
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 43.04%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 43.04%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 239.07% 0.00% 0.00% 0.22% 0.20% 0.13%
Common Equity to Total Capital
0.00% -139.07% 100.00% 100.00% 99.78% 99.80% 56.84%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 -1.81
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 2.41
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 -1.81
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 -2.23
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 2.97
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 -2.23
Altman Z-Score
0.00 0.00 47.19 31.69 13.25 12.31 5.03
Noncontrolling Interest Sharing Ratio
0.00% 239.07% 17.58% 0.00% 0.12% 0.21% 0.21%
Liquidity Ratios
- - - - - - -
Current Ratio
0.00 1.60 5.45 3.29 2.50 1.85 1.78
Quick Ratio
0.00 1.47 5.32 3.15 2.37 1.75 1.68
Cash Flow Metrics
- - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -185 -310 -578 -1,037 -807 -575
Operating Cash Flow to CapEx
-3,585.21% -772.75% -112.61% 380.02% 1,110.38% 1,225.27% 1,267.65%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 -208.48
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 347.87
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 320.42
Efficiency Ratios
- - - - - - -
Asset Turnover
0.00 0.26 0.17 0.19 0.29 0.35 0.42
Accounts Receivable Turnover
0.00 1.48 2.50 2.90 3.28 3.42 3.92
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 9.76 12.32 14.01 15.54 13.75 13.34
Accounts Payable Turnover
0.00 13.73 34.32 48.03 38.67 23.84 10.97
Days Sales Outstanding (DSO)
0.00 247.41 145.95 125.67 111.45 106.82 93.09
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 26.58 10.63 7.60 9.44 15.31 33.28
Cash Conversion Cycle (CCC)
0.00 220.83 135.32 118.07 102.01 91.51 59.81
Capital & Investment Metrics
- - - - - - -
Invested Capital
0.00 -66 -137 -59 388 428 -16
Invested Capital Turnover
0.00 -8.04 -5.84 -12.43 12.58 6.88 17.60
Increase / (Decrease) in Invested Capital
0.00 -66 -71 78 447 40 -444
Enterprise Value (EV)
0.00 0.00 72,057 79,400 45,242 59,672 56,901
Market Capitalization
0.00 0.00 77,131 84,508 50,311 64,424 59,916
Book Value per Share
$0.00 ($12.15) $17.44 $16.48 $16.97 $15.73 $9.09
Tangible Book Value per Share
$0.00 ($12.41) $17.35 $16.34 $14.34 $11.76 $5.05
Total Capital
0.00 392 4,936 5,049 5,469 5,191 5,278
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 2,272
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 2,272
Net Debt
0.00 -458 -5,073 -5,108 -5,081 -4,763 -3,023
Capital Expenditures (CapEx)
4.02 23 40 29 49 69 76
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -185 -397 -651 -1,017 -1,538 -2,069
Debt-free Net Working Capital (DFNWC)
0.00 249 3,511 3,202 2,991 2,308 2,568
Net Working Capital (NWC)
0.00 249 3,511 3,202 2,991 2,308 2,568
Net Nonoperating Expense (NNE)
48 98 158 179 208 72 270
Net Nonoperating Obligations (NNO)
0.00 -458 -5,073 -5,108 -5,081 -4,763 -3,023
Total Depreciation and Amortization (D&A)
2.03 15 47 107 124 133 235
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -70.00% -67.00% -53.35% -49.22% -54.81% -57.07%
Debt-free Net Working Capital to Revenue
0.00% 93.95% 593.09% 262.57% 144.80% 82.24% 70.82%
Net Working Capital to Revenue
0.00% 93.95% 593.09% 262.57% 144.80% 82.24% 70.82%
Earnings Adjustments
- - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($3.81) ($2.26) ($2.50) ($2.55) ($3.86)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 288.70M 300.27M 318.73M 328.00M 332.71M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($3.81) ($2.26) ($2.50) ($2.55) ($3.86)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 288.70M 300.27M 318.73M 328.00M 332.71M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 ($3.81) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 141.61M 314.60M 325M 334.20M 334.10M
Normalized Net Operating Profit after Tax (NOPAT)
-130 -251 -381 -501 -590 -766 -1,019
Normalized NOPAT Margin
-134.30% -94.68% -64.31% -41.05% -28.54% -27.31% -28.11%
Pre Tax Income Margin
-183.32% -131.27% -90.71% -55.52% -39.50% -30.26% -35.44%
Debt Service Ratios
- - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 -540.54
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 -369.41
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 -567.98
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 -396.85
Payout Ratios
- - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-16.65% -0.11% 0.00% 0.00% 0.00% -70.61% -149.88%

Quarterly Metrics And Ratios for Snowflake

This table displays calculated financial ratios and metrics derived from Snowflake's official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 1/31/2023 4/30/2023 7/31/2023 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
53.48% 47.64% 35.55% 31.80% 31.53% 32.89% 28.90% 28.32% 27.37% 25.75% 31.78%
EBITDA Growth
-105.71% -50.87% -28.30% -22.44% 14.18% -27.40% -22.50% -35.86% -71.35% -27.41% 15.32%
EBIT Growth
-82.51% -39.82% -21.97% -20.75% 6.05% -34.11% -29.12% -41.22% -68.57% -28.51% 4.95%
NOPAT Growth
-57.70% -44.75% -37.39% -26.50% -14.91% -27.57% -24.49% -40.22% -40.35% -28.31% 4.23%
Net Income Growth
-57.00% -36.35% -2.03% -6.58% 18.11% -40.59% -39.79% -52.73% -91.70% -35.28% 6.24%
EPS Growth
-56.10% -32.08% 1.43% -3.17% 20.31% -35.71% -37.68% -50.77% -92.16% -35.79% 6.32%
Operating Cash Flow Growth
175.44% 62.20% 29.11% 52.51% 58.56% 18.71% -16.02% -15.88% 25.58% -35.75% 7.20%
Free Cash Flow Firm Growth
-234.07% 96.85% 60.72% 88.49% 62.07% -303.26% 94.96% 138.51% 174.34% 70.93% -545.41%
Invested Capital Growth
754.33% -39.21% 15.23% -17.29% 10.40% -58.60% -52.92% -65.32% -103.73% -264.60% -73.46%
Revenue Q/Q Growth
5.74% 5.87% 8.09% 8.92% 5.52% 6.97% 4.84% 8.43% 4.74% 5.60% 9.87%
EBITDA Q/Q Growth
-15.06% -15.97% -0.49% 8.68% 19.36% -72.16% 3.38% -1.28% -1.71% -28.02% 35.78%
EBIT Q/Q Growth
-10.65% -13.66% -2.00% 5.88% 13.91% -62.25% 1.79% -2.94% -2.77% -23.68% 27.36%
NOPAT Q/Q Growth
-16.37% -13.97% -4.45% 8.68% -5.71% -26.52% -1.93% -2.86% -5.81% -15.67% 23.92%
Net Income Q/Q Growth
-3.00% -8.95% -0.56% 5.55% 20.86% -87.05% 0.01% -3.19% 0.66% -32.00% 30.71%
EPS Q/Q Growth
-1.59% -9.38% 1.43% 5.80% 21.54% -86.27% 0.00% -3.16% 0.00% -31.63% 31.01%
Operating Cash Flow Q/Q Growth
174.12% 37.79% -72.22% 45.34% 185.00% 3.16% -80.35% 45.58% 325.47% -47.22% -67.20%
Free Cash Flow Firm Q/Q Growth
20.93% 96.34% -1,050.88% 65.38% -160.44% 61.13% 85.61% 364.38% 402.75% -115.20% -219.54%
Invested Capital Q/Q Growth
-27.84% -32.49% 70.15% -0.21% -3.68% -74.68% 93.49% -26.50% -110.37% -1,016.58% 131.20%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
65.08% 66.42% 67.60% 68.82% 68.79% 67.12% 66.84% 65.94% 66.23% 66.53% 67.53%
EBITDA Margin
-36.64% -40.14% -37.32% -31.29% -23.91% -38.48% -35.46% -33.12% -32.16% -38.99% -22.79%
Operating Margin
-40.70% -43.82% -42.34% -35.50% -35.56% -42.06% -40.89% -38.79% -39.19% -42.92% -29.72%
EBIT Margin
-41.19% -44.23% -41.74% -36.07% -29.43% -44.63% -41.81% -39.69% -38.94% -45.61% -30.15%
Profit (Net Income) Margin
-35.23% -36.25% -33.73% -29.24% -21.93% -38.35% -36.57% -34.81% -33.01% -41.26% -26.02%
Tax Burden Percent
100.18% 97.16% 98.39% 101.61% 97.53% 100.86% 101.21% 100.59% 98.69% 101.35% 100.02%
Interest Burden Percent
85.36% 84.36% 82.13% 79.80% 76.42% 85.19% 86.44% 87.17% 85.89% 89.25% 86.27%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-358.37% -200.87% -174.15% -132.68% -171.29% -479.17% -280.26% -309.82% -482.81% 0.00% -645.43%
ROIC Less NNEP Spread (ROIC-NNEP)
-357.59% -200.18% -173.59% -131.99% -171.75% -477.61% -278.69% -307.84% -481.39% 0.00% -643.52%
Return on Net Nonoperating Assets (RNNOA)
346.42% 187.29% 160.13% 119.49% 158.61% 459.70% 259.34% 284.44% 457.19% 0.00% 617.32%
Return on Equity (ROE)
-11.95% -13.58% -14.02% -13.19% -12.68% -19.47% -20.92% -25.38% -25.61% -40.14% -28.11%
Cash Return on Invested Capital (CROIC)
-267.35% -138.65% -183.19% -132.10% -197.77% -359.73% -193.07% -217.57% 0.00% 0.00% -696.31%
Operating Return on Assets (OROA)
-11.84% -13.86% -14.00% -13.11% -10.36% -18.23% -18.55% -17.52% -16.37% -22.66% -16.39%
Return on Assets (ROA)
-10.13% -11.36% -11.31% -10.63% -7.72% -15.67% -16.23% -15.37% -13.87% -20.50% -14.15%
Return on Common Equity (ROCE)
-11.93% -13.56% -14.01% -13.16% -12.65% -19.43% -20.87% -25.33% -25.56% -40.04% -28.04%
Return on Equity Simple (ROE_SIMPLE)
0.00% -16.23% -16.31% -17.76% 0.00% -20.40% -24.71% -38.69% 0.00% -58.20% 0.00%
Net Operating Profit after Tax (NOPAT)
-168 -191 -200 -182 -193 -244 -249 -256 -271 -313 -238
NOPAT Margin
-28.49% -30.67% -29.64% -24.85% -24.89% -29.44% -28.63% -27.15% -27.43% -30.04% -20.80%
Net Nonoperating Expense Percent (NNEP)
-0.78% -0.69% -0.56% -0.69% 0.47% -1.55% -1.57% -1.98% -1.41% -3.31% -1.91%
Return On Investment Capital (ROIC_SIMPLE)
-3.07% - - - -3.72% - - - -5.13% -6.68% -5.12%
Cost of Revenue to Revenue
34.92% 33.58% 32.40% 31.18% 31.21% 32.88% 33.16% 34.06% 33.77% 33.47% 32.47%
SG&A Expenses to Revenue
13.16% 12.58% 12.43% 10.72% 10.60% 11.24% 11.25% 11.28% 11.66% 20.11% 10.43%
R&D to Revenue
41.11% 44.49% 46.59% 45.23% 47.05% 49.57% 50.37% 46.96% 49.91% 45.33% 42.97%
Operating Expenses to Revenue
105.79% 110.23% 109.94% 104.31% 104.35% 109.18% 107.74% 104.73% 105.42% 109.45% 97.25%
Earnings before Interest and Taxes (EBIT)
-243 -276 -281 -265 -228 -370 -363 -374 -384 -475 -345
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-216 -250 -252 -230 -185 -319 -308 -312 -317 -406 -261
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
9.22 9.10 10.95 9.71 12.44 11.38 10.57 13.14 19.97 22.13 31.43
Price to Tangible Book Value (P/TBV)
10.91 11.14 13.90 12.54 16.63 15.84 15.27 23.04 35.98 48.55 81.76
Price to Revenue (P/Rev)
24.36 21.23 23.70 18.26 22.96 17.22 13.61 11.27 16.52 13.88 18.12
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
116.69 164.67 119.18 97.58 139.41 437.58 189.49 231.75 0.00 0.00 1,298.54
Enterprise Value to Revenue (EV/Rev)
21.90 19.01 21.72 16.55 21.26 15.75 12.39 10.46 15.69 13.20 17.56
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
82.92 65.26 78.14 60.16 70.36 52.45 44.60 40.97 59.29 60.89 86.27
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.77 0.76 0.94 0.96
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.77 0.76 0.94 0.96
Financial Leverage
-0.97 -0.94 -0.92 -0.91 -0.92 -0.96 -0.93 -0.92 -0.95 -1.01 -0.96
Leverage Ratio
1.37 1.35 1.36 1.39 1.50 1.49 1.53 1.96 2.11 2.21 2.32
Compound Leverage Factor
1.17 1.13 1.12 1.11 1.14 1.27 1.32 1.71 1.81 1.98 2.00
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 43.61% 43.04% 48.49% 48.88%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 43.61% 43.04% 48.49% 48.88%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.22% 0.22% 0.21% 0.22% 0.20% 0.21% 0.21% 0.10% 0.13% 0.15% 0.15%
Common Equity to Total Capital
99.78% 99.78% 99.79% 99.78% 99.80% 99.79% 99.79% 56.29% 56.84% 51.36% 50.97%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2.02 -1.81 -1.69 -1.76
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.47 2.41 1.93 1.79
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2.02 -1.81 -1.69 -1.76
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2.41 -2.23 -2.09 -2.11
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.95 2.97 2.38 2.16
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2.41 -2.23 -2.09 -2.11
Altman Z-Score
13.53 13.48 15.70 12.22 12.64 10.98 8.74 3.80 5.44 4.69 6.82
Noncontrolling Interest Sharing Ratio
0.12% 0.11% 0.11% 0.23% 0.21% 0.21% 0.21% 0.20% 0.21% 0.23% 0.24%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.50 2.42 2.30 2.12 1.85 1.71 1.58 1.88 1.78 1.58 1.48
Quick Ratio
2.37 2.28 2.17 2.00 1.75 1.60 1.49 1.80 1.68 1.47 1.37
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-615 -22 -259 -90 -233 -91 -13 34 173 -26 -84
Operating Cash Flow to CapEx
1,802.70% 1,835.84% 587.01% 648.82% 1,714.24% 1,485.88% 633.12% 433.31% 2,503.91% 507.62% 449.42%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 50.04 0.00 -12.72 -40.58
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 147.61 0.00 110.27 36.11
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 113.55 0.00 88.55 28.08
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.29 0.31 0.34 0.36 0.35 0.41 0.44 0.44 0.42 0.50 0.54
Accounts Receivable Turnover
3.28 7.19 6.87 5.79 3.42 8.62 7.65 6.17 3.92 8.77 7.63
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
15.54 15.37 15.09 14.47 13.75 13.69 13.98 13.80 13.34 13.86 15.03
Accounts Payable Turnover
38.67 38.32 26.79 17.21 23.84 22.25 11.73 10.01 10.97 11.76 9.12
Days Sales Outstanding (DSO)
111.45 50.76 53.13 63.03 106.82 42.33 47.70 59.19 93.09 41.64 47.81
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
9.44 9.53 13.63 21.21 15.31 16.41 31.11 36.45 33.28 31.03 40.00
Cash Conversion Cycle (CCC)
102.01 41.24 39.50 41.82 91.51 25.92 16.59 22.74 59.81 10.61 7.81
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
388 262 445 444 428 108 210 154 -16 -178 56
Invested Capital Turnover
12.58 6.55 5.88 5.34 6.88 16.27 9.79 11.41 17.60 -109.69 31.03
Increase / (Decrease) in Invested Capital
447 -169 59 -93 40 -153 -236 -290 -444 -287 -154
Enterprise Value (EV)
45,242 43,101 53,074 43,364 59,672 47,418 39,732 35,712 56,901 50,699 72,265
Market Capitalization
50,311 48,126 57,916 47,849 64,424 51,868 43,651 38,488 59,916 53,286 74,582
Book Value per Share
$16.97 $16.27 $16.22 $14.95 $15.73 $13.64 $12.33 $8.74 $9.09 $7.21 $7.11
Tangible Book Value per Share
$14.34 $13.29 $12.78 $11.57 $11.76 $9.80 $8.54 $4.98 $5.05 $3.28 $2.73
Total Capital
5,469 5,298 5,298 4,941 5,191 4,568 4,138 5,204 5,278 4,688 4,655
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,269 2,272 2,274 2,276
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,269 2,272 2,274 2,276
Net Debt
-5,081 -5,036 -4,853 -4,496 -4,763 -4,459 -3,928 -2,780 -3,023 -2,593 -2,324
Capital Expenditures (CapEx)
12 16 14 19 20 24 11 23 17 45 17
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,017 -1,264 -1,260 -1,269 -1,538 -1,817 -1,797 -1,820 -2,069 -2,155 -2,087
Debt-free Net Working Capital (DFNWC)
2,991 2,682 2,492 2,280 2,308 1,714 1,433 2,337 2,568 1,755 1,500
Net Working Capital (NWC)
2,991 2,682 2,492 2,280 2,308 1,714 1,433 2,337 2,568 1,755 1,500
Net Nonoperating Expense (NNE)
40 35 28 32 -23 74 69 72 55 117 60
Net Nonoperating Obligations (NNO)
-5,081 -5,036 -4,853 -4,496 -4,763 -4,459 -3,928 -2,780 -3,023 -2,593 -2,324
Total Depreciation and Amortization (D&A)
27 26 30 35 43 51 55 62 67 69 84
Debt-free, Cash-free Net Working Capital to Revenue
-49.22% -55.74% -51.58% -48.42% -54.81% -60.33% -56.05% -53.31% -57.07% -56.13% -50.70%
Debt-free Net Working Capital to Revenue
144.80% 118.31% 101.96% 86.98% 82.24% 56.93% 44.70% 68.44% 70.82% 45.72% 36.45%
Net Working Capital to Revenue
144.80% 118.31% 101.96% 86.98% 82.24% 56.93% 44.70% 68.44% 70.82% 45.72% 36.45%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.64) ($0.70) ($0.69) ($0.65) ($0.51) ($0.95) ($0.95) ($0.98) ($0.98) ($1.29) ($0.89)
Adjusted Weighted Average Basic Shares Outstanding
318.73M 324.16M 327.34M 329.31M 328.00M 0.00 0.00 0.00 332.71M 0.00 335.22M
Adjusted Diluted Earnings per Share
($0.64) ($0.70) ($0.69) ($0.65) ($0.51) ($0.95) ($0.95) ($0.98) ($0.98) ($1.29) ($0.89)
Adjusted Weighted Average Diluted Shares Outstanding
318.73M 324.16M 327.34M 329.31M 328.00M 0.00 0.00 0.00 332.71M 0.00 335.22M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
325M 325.90M 329.70M 329.30M 334.20M 334.80M 335.20M 330.10M 334.10M 333.70M 338.80M
Normalized Net Operating Profit after Tax (NOPAT)
-168 -191 -200 -182 -193 -244 -249 -256 -271 -313 -238
Normalized NOPAT Margin
-28.49% -30.67% -29.64% -24.85% -24.89% -29.44% -28.63% -27.15% -27.43% -30.04% -20.80%
Pre Tax Income Margin
-35.16% -37.31% -34.28% -28.78% -22.49% -38.02% -36.14% -34.60% -33.45% -40.71% -26.02%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -542.72 0.00 -229.51 -166.47
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -371.29 0.00 -151.17 -114.85
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -576.78 0.00 -251.23 -174.51
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 -405.36 0.00 -172.90 -122.88
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% -22.35% -22.23% -67.58% -70.61% -98.56% -129.03% -170.49% -149.88% -136.06% -109.06%

Financials Breakdown Chart

Key Financial Trends

Snowflake Inc. (NYSE: SNOW) has exhibited strong revenue growth over the last several years, with quarterly operating revenues increasing from $334 million in Q3 2022 to over $1.14 billion by Q2 2026. This represents a substantial top-line expansion, demonstrating the company's ability to scale its cloud data platform business effectively.

Despite impressive revenue growth, Snowflake continues to operate at a net loss, with losses widening in recent quarters. For example, consolidated net loss was approximately $165.8 million in Q1 2023 and increased to nearly $298 million by Q2 2026. The net loss per share followed a similar pattern, from -$0.53 in early 2023 to -$0.89 in mid-2026. This rise in losses suggests ongoing heavy investments and expenditures.

Gross profit margins have been relatively healthy, consistently showing sizeable gross profit despite high operating costs. For instance, gross profit in Q2 2026 was roughly $773 million on $1.14 billion in revenue, indicating a gross margin of approximately 67.6%. However, selling, general & administrative (SG&A), marketing, and research & development (R&D) expenses remain substantial and are key drivers of operating losses. Marketing expenses consistently range around $300-500 million per quarter, while R&D expenses are also very large, indicating significant investment in product development and customer acquisition.

Cash flow metrics reveal some positive trends. Cash flow from continuing operating activities turned positive in recent quarters, with $74.9 million generated in Q2 2026, improving from previous quarters though fluctuating considerably in prior periods. Investing activities consistently show significant outflows, mainly related to acquisitions, investments, and property and equipment purchases, reflecting growth initiatives. Financing activities usually show significant outflows related to share repurchases and net repayments, indicating capital return efforts and capital structure management.

Snowflake’s balance sheet remains strong with a large cash and equivalents balance of $1.88 billion and significant short-term and long-term investments totaling over $2.7 billion combined by Q2 2026. However, the company also carries considerable long-term debt of $2.28 billion. Total equity is approximately $2.37 billion with retained earnings in significant deficit, reflecting accumulated losses over its growth phase. Total assets increased steadily from about $6.16 billion in late 2022 to $8.2 billion by Q3 2025.

  • Strong revenue growth with operating revenue expanding from $334M in Q3 2022 to $1.14B in Q2 2026.
  • Improving operational cash flow, with positive net cash from continuing operating activities in recent quarters ($74.9M in Q2 2026).
  • Robust gross margins near 67% despite increasing scale and costs.
  • Large cash and investment reserves exceeding $4.5B provide liquidity flexibility.
  • Substantial ongoing investment in marketing and R&D expenses, indicating commitment to growth but pressuring profitability.
  • High levels of capital expenditures and acquisitions supporting future capabilities and expansion.
  • Significant long-term debt of about $2.3B which requires manageable servicing given cash position but adds leverage risk.
  • Net losses increased in recent quarters, with net income of -$298M in Q2 2026 compared to -$166M in early 2023, pointing to ongoing profitability challenges.
  • Consistent net loss per share of approximately -$0.89 by mid-2026 from around -$0.53 in early 2023.
  • Negative retained earnings indicating accumulated losses from historical and ongoing spending exceeding income.

In summary, Snowflake is demonstrating strong top-line growth and improving operational cash flow which are important positive signals for a growth company. However, the company is still incurring significant losses driven by high marketing, R&D, and operating expenses. Their large cash position and liquidity are strengths, but ongoing net losses and leverage highlight risks. Retail investors should weigh Snowflake’s rapid growth and innovative platform against its continued path to profitability and capital consumption.

10/23/25 09:44 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Snowflake's Financials

When does Snowflake's fiscal year end?

According to the most recent income statement we have on file, Snowflake's financial year ends in January. Their financial year 2025 ended on January 31, 2025.

How has Snowflake's net income changed over the last 6 years?

Snowflake's net income appears to be on an upward trend, with a most recent value of -$1.29 billion in 2025, rising from -$178.03 million in 2019. The previous period was -$837.99 million in 2024. View Snowflake's forecast to see where analysts expect Snowflake to go next.

What is Snowflake's operating income?
Snowflake's total operating income in 2025 was -$1.46 billion, based on the following breakdown:
  • Total Gross Profit: $2.41 billion
  • Total Operating Expenses: $3.87 billion
How has Snowflake's revenue changed over the last 6 years?

Over the last 6 years, Snowflake's total revenue changed from $96.67 million in 2019 to $3.63 billion in 2025, a change of 3,651.5%.

How much debt does Snowflake have?

Snowflake's total liabilities were at $6.03 billion at the end of 2025, a 98.7% increase from 2024, and a 870.6% increase since 2020.

How much cash does Snowflake have?

In the past 5 years, Snowflake's cash and equivalents has ranged from $127.21 million in 2020 to $2.63 billion in 2025, and is currently $2.63 billion as of their latest financial filing in 2025.

How has Snowflake's book value per share changed over the last 6 years?

Over the last 6 years, Snowflake's book value per share changed from 0.00 in 2019 to 9.09 in 2025, a change of 908.8%.



This page (NYSE:SNOW) was last updated on 10/23/2025 by MarketBeat.com Staff
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