SNOW

Snowflake
D

SNOW

Arincen65/100B

Snowflake earnings

Snowflake reports its Q3 FY2027 results on 2 December 2026, after the market closes. Analysts expect earnings per share of 0.60 USD and revenue of 1.65B USD.

In Q2 FY2027, reported on 2 September 2026, Snowflake earned 0.62 USD a share against the 0.45 USD analysts expected (+38.8%), on revenue of 1.55B USD against 1.48B USD (+4.3%).

Last EPS surprise
+38.8%
Last revenue surprise
+4.3%
Move after the last report
-3.7%
Average move after earnings
12.4%

EPS and revenue against estimates

Next earnings · Q3 FY2027
EPS estimate
0.60 USD
Revenue estimate
1.65B USD
Last quarter · Q2 FY2027
EPS0.62Beat +38.8%Revenue1.55BBeat +4.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growthNext-day move
Q2 FY20280.74——+18.60%1.98B——+28.32%—
Q1 FY20280.61——+57.25%1.81B——+30.47%—
Q4 FY20270.60——+86.30%1.72B——+34.09%—
Q3 FY20270.60——+71.43%1.65B——+36.40%—
Q2 FY20270.450.62+38.76%+77.14%1.48B1.55B+4.29%+35.09%-3.7%
Q1 FY20270.320.39+22.14%+62.50%1.32B1.39B+5.07%+33.48%+36.4%
Q4 FY20260.270.32+17.43%+6.67%1.26B1.28B+2.17%+30.12%+2.2%
Q3 FY20260.310.35+12.32%+75.00%1.18B1.21B+2.41%+28.75%—
Q2 FY20260.270.35+31.09%+94.44%1.09B1.14B+5.23%+31.78%—
Q1 FY20260.210.24+12.99%+71.43%1.01B1.04B+3.56%+25.75%—
Q4 FY20250.180.30+69.97%-14.29%957.79M986.77M+3.03%+27.37%—
Q3 FY20250.150.20+33.33%-20.00%899.31M942.09M+4.76%+28.32%+32.7%
Q2 FY20250.160.18+11.80%-18.18%853.11M868.82M+1.84%+28.90%-14.7%
Q1 FY20250.180.14-21.57%-6.67%788.10M828.71M+5.15%+32.89%-5.4%
Q4 FY20240.180.35+92.10%+150.00%760.43M774.70M+1.88%+31.53%-18.1%
Q3 FY20240.150.25+66.67%+127.27%713.06M734.17M+2.96%+31.80%+7.0%
Q2 FY20240.090.22+144.44%+2,100.00%662.24M674.02M+1.78%+35.55%-5.2%
Q1 FY20240.050.15+200.00%+1,400.00%608.36M623.60M+2.50%+47.64%-16.4%
Q4 FY20230.040.14+227.18%+16.67%575.94M589.01M+2.27%+53.48%-12.4%
Q3 FY20230.040.11+168.49%+175.00%539.55M557.03M+3.24%+66.55%+7.9%
Q2 FY2023-0.000.01+474.53%—467.48M497.25M+6.37%+82.68%+22.8%
Q1 FY2023-0.010.01+200.00%—413.72M422.37M+2.09%+84.51%-4.9%
Q4 FY20220.030.12+366.74%—372.74M383.77M+2.96%+101.49%-15.8%
Q3 FY2022-0.060.04+166.67%—371.12M334.44M-9.88%+109.52%+15.9%
Q2 FY2022-0.15-0.04+73.33%—305.51M272.20M-10.90%+104.44%+7.7%
Q1 FY2022-0.16-0.24-50.00%—300.45M228.91M-23.81%—+4.1%
Q4 FY2021-0.17-0.22-29.41%—201.67M190.47M-5.56%+117.20%+0.9%
Q3 FY2021-0.27-0.28-3.70%—147.35M159.62M+8.33%+118.63%+16.1%
Q2 FY2021—-0.28———133.15M—+120.66%-10.3%
Q4 FY2020—-0.39———108.82M—+148.98%—
Q4 FY2020—-0.35———87.69M—+100.65%—
Q3 FY2020—-0.37———73.01M———
Q2 FY2020—-0.34———60.34M———
Q4 FY2019—-0.30———43.71M———

The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.

Q3 FY2027

What the market is waiting for

From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.

High importanceWaiting for 2 Dec

Product revenue growth

ExpectedProduct revenue of $1.588 billion to $1.593 billioncompany guidance
The resultComes with the report on 2 Dec

This shows whether customer spending on Snowflake’s main data platform is sustaining its rapid growth.

Beat record

On average, analysts' EPS estimate was 35.8% off the result, either way, and their revenue estimate 3.5%, over the last 12 quarters.

EPS beats
20 / 24
Revenue beats
20 / 24
Average EPS surprise, last 12
+32.3%
Since
December 2020

See also:Forecast,EPS,Income statement

Common questions about Snowflake's earnings

Source: Financial Modeling PrepVerified against SEC filings