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Snowflake operating income 2019–2027What are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
Snowflake's operating income in Q2 FY2027, the three months to 31 July 2026, was -262.97M USD, against a loss of 340.28M USD on the same quarter a year before. Snowflake's operating income in fiscal year 2026 was -1.44B USD, against a loss of 1.46B USD on the year before.
Last updated 11 Nov 2026 · Next report 2 Dec 2026
Operating income
Operating income Operating margin
| Fiscal year | Period ending | Operating income | Growth | Operating margin | Gross profit | Gross margin | EBITDA |
|---|---|---|---|---|---|---|---|
| TTM | 31 Jul 2026 | -1.24B | — | -22.76% | 3.64B | 67.03% | -813.42M |
| FY2026 | 31 Jan 2026 | -1.44B | — | -30.64% | 3.15B | 67.17% | -1.08B |
| FY2025 | 31 Jan 2025 | -1.46B | — | -40.15% | 2.41B | 66.50% | -1.10B |
| FY2024 | 31 Jan 2024 | -1.09B | — | -39.01% | 1.91B | 67.98% | -729.32M |
| FY2023 | 31 Jan 2023 | -842.27M | — | -40.77% | 1.35B | 65.26% | -752.46M |
| FY2022 | 31 Jan 2022 | -715.04M | — | -58.64% | 760.89M | 62.40% | -655.46M |
| FY2021 | 31 Jan 2021 | -543.94M | — | -91.87% | 349.46M | 59.03% | -534.11M |
| FY2020 | 31 Jan 2020 | -358.09M | — | -135.26% | 148.19M | 55.97% | -354.57M |
| FY2019 | 31 Jan 2019 | -185.47M | — | -191.86% | 44.91M | 46.46% | -184.10M |
| Quarter | Period ending | Operating income | Growth on a year before | Operating margin | Gross profit | Gross margin | EBITDA |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 31 Jul 2026 | -262.97M | — | -17.00% | 1.04B | 67.02% | -117.58M |
| Q1 FY2027 | 30 Apr 2026 | -326.15M | — | -23.45% | 926.45M | 66.61% | -226.98M |
| Q4 FY2026 | 31 Jan 2026 | -318.16M | — | -24.78% | 857.66M | 66.80% | -240.90M |
| Q3 FY2026 | 31 Oct 2025 | -329.47M | — | -27.16% | 822.04M | 67.77% | -227.97M |
| Q2 FY2026 | 31 Jul 2025 | -340.28M | — | -29.72% | 773.15M | 67.53% | -240.96M |
| Q1 FY2026 | 30 Apr 2025 | -447.26M | — | -42.92% | 693.29M | 66.53% | -373.35M |
| Q4 FY2025 | 31 Jan 2025 | -386.68M | — | -39.19% | 653.59M | 66.23% | -277.86M |
| Q3 FY2025 | 31 Oct 2024 | -365.46M | — | -38.79% | 621.20M | 65.94% | -278.23M |
| Q2 FY2025 | 31 Jul 2024 | -355.30M | — | -40.89% | 580.75M | 66.84% | -268.87M |
| Q1 FY2025 | 30 Apr 2024 | -348.57M | — | -42.06% | 556.19M | 67.12% | -274.87M |
| Q4 FY2024 | 31 Jan 2024 | -275.51M | — | -35.56% | 532.90M | 68.79% | -139.23M |
| Q3 FY2024 | 31 Oct 2023 | -260.62M | — | -35.50% | 505.23M | 68.82% | -178.83M |
| Q2 FY2024 | 31 Jul 2023 | -285.41M | — | -42.34% | 455.63M | 67.60% | -201.76M |
| Q1 FY2024 | 30 Apr 2023 | -273.24M | — | -43.82% | 414.19M | 66.42% | -209.51M |
| Q4 FY2023 | 31 Jan 2023 | -239.75M | — | -40.70% | 383.36M | 65.08% | -187.39M |
| Q3 FY2023 | 31 Oct 2022 | -206.02M | — | -36.99% | 366.31M | 65.76% | -179.74M |
| Q2 FY2023 | 31 Jul 2022 | -207.73M | — | -41.78% | 324.02M | 65.16% | -202.79M |
| Q1 FY2023 | 30 Apr 2022 | -188.77M | — | -44.69% | 274.44M | 64.98% | -182.55M |
| Q4 FY2022 | 31 Jan 2022 | -152.03M | — | -39.61% | 249.59M | 65.04% | -124.70M |
| Q3 FY2022 | 31 Oct 2021 | -157.27M | — | -47.03% | 213.66M | 63.88% | -148.16M |
| Q2 FY2022 | 31 Jul 2021 | -200.14M | — | -73.53% | 166.08M | 61.01% | -183.82M |
| Q1 FY2022 | 30 Apr 2021 | -205.60M | — | -89.81% | 131.57M | 57.47% | -200.91M |
| Q4 FY2021 | 31 Jan 2021 | -200.40M | — | -105.21% | 107.56M | 56.47% | -197.18M |
| Q3 FY2021 | 31 Oct 2020 | -169.45M | — | -106.16% | 92.94M | 58.23% | -166.61M |
| Q2 FY2021 | 31 Jul 2020 | -77.68M | — | -58.34% | 82.70M | 62.11% | -75.44M |
| Q1 FY2021 | 30 Apr 2020 | -96.40M | — | -88.59% | 66.26M | 60.89% | -94.88M |
| Q4 FY2020 | 31 Jan 2020 | -85.11M | — | -97.06% | 53.17M | 60.63% | -83.85M |
| Q3 FY2020 | 31 Oct 2019 | -90.13M | — | -123.45% | 43.52M | 59.61% | -89.24M |
| Q2 FY2020 | 31 Jul 2019 | -95.57M | — | -158.39% | 31.83M | 52.75% | -92.89M |
| Q1 FY2020 | 30 Apr 2019 | -87.28M | — | -199.69% | 19.67M | 45.00% | -78.01M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Shares outstanding,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Snowflake's operating income
Source: Financial Modeling PrepVerified against SEC filings