Snowflake
SNOW NYSE· Application Software
Last close · Oct 26, 2026
$334.95
KIRA · Stoqly’s AI analyst, in plain words
- Snowflake had $4.7B of revenue in fiscal 2026, up 29.2% on the year before. Over five years, revenue changed +51.2% a year on average.
- Its operating margin was −30.6%, up 9.5 pts: of every 100 in sales, about −31 is left after running the business.
- Snowflake lost $1.3B in fiscal 2026.
- Free cash flow was $1.1B in fiscal 2026, 23.9% of revenue.
- Snowflake returned $874M to shareholders in fiscal 2026, 78% of free cash flow. The diluted share count rose 1.4%.
- Snowflake has $1.7B more cash than debt.
Market cap
$117.0B
P/E
—
Revenue
$4.7B
Net income
−$1.3B
Free cash flow
$1.1B
Operating margin
−30.6%
Snowflake in 30 seconds · fiscal 2026
Are sales growing?
+29.2%
Yes. Sales grew 29.2% last year.
Does it make a profit?
−28.4%
No. It lost money last year.
Does profit turn into cash?
23.9%
Yes. 23.9% of sales ends up as free cash.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
What Snowflake does
Snowflake sells a cloud-based data platform it calls the AI Data Cloud. Companies use it to store large amounts of data, query it, build data and AI applications, and share data with other organizations without copying it. The platform runs on three major public clouds, and Snowflake manages it so customers do not have to maintain servers themselves. The company uses a consumption-based model: customers pay for the storage and computing power they use. The platform has separate layers for storage, computing and cloud services, so each can grow on its own. Snowflake describes its product areas as analytics, data engineering, AI, and applications and collaboration. Snowflake also earns money from professional services that help customers set up and use the platform, and it works with partners and data providers who sell through its network. It says the market is highly competitive and that it has to keep adding features to stay relevant.
Biggest risks, in its own words
- A history of operating losses, with no assurance of reaching or keeping profitability.
- Competition in the data and cloud market, and the need to keep innovating, including in AI.
- Lower customer spending or consumption of its cloud platform.
- Outages or performance problems with its platform or the public clouds it runs on.
- Fiscal year ends
- January 31, 2026
- Latest annual report
- 10-K · Mar 20, 2026
- Legal name
- SNOWFLAKE INC.
- CIK
- 0001640147
Snowflake · SNOW
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.2B | $2.1B | $2.8B | $3.6B | $4.7B |
| Revenue growth | 106.0% | 69.4% | 35.9% | 29.2% | 29.2% |
| Gross margin | 62.4% | 65.3% | 68.0% | 66.5% | 67.2% |
| Operating margin | −58.6% | −40.8% | −39.0% | −40.2% | −30.6% |
| Net income | −$680M | −$797M | −$836M | −$1.3B | −$1.3B |
| Net margin | −55.8% | −38.6% | −29.8% | −35.5% | −28.4% |
| Diluted EPS | −$2.26 | −$2.50 | −$2.55 | −$3.86 | −$3.95 |
| Cash | |||||
| Cash from operations | $110M | $546M | $848M | $960M | $1.2B |
| Capital expenditure | $16.2M | $25.1M | $35.1M | $46.3M | $102M |
| Free cash flow | $94.0M | $521M | $813M | $913M | $1.1B |
| FCF margin | 7.7% | 25.2% | 29.0% | 25.2% | 23.9% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $592M | $1.9B | $874M |
| Share count change | 112.0% | 6.2% | 2.9% | 1.4% | 1.4% |
| Debt and strength | |||||
| Cash and short-term investments | $3.9B | $4.0B | $3.8B | $4.6B | $4.0B |
| Debt incl. finance leases | — | — | $0.0M | $2.3B | $2.3B |
| Shareholders' equity | $5.0B | $5.5B | $5.2B | $3.0B | $1.9B |
| Current ratio | 3.3x | 2.5x | 1.9x | 1.8x | 1.3x |
| Interest coverage | — | — | — | −527.7x | −173.0x |
| Returns and quality | |||||
| Return on capital | — | — | — | −115.9% | — |
| Return on equity | −13.6% | −15.2% | −15.7% | −31.4% | −54.1% |
| Piotroski F-score | — | — | — | 3 | 6 |
| Altman Z'' | 4.8 | 3.2 | 1.1 | −1.3 | −3.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$1.3B
9 insiders
Of sales under plans
96%
$1.3B
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Snowflake · SNOW
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Snowflake SNOW | $117.0B | 29.2% | −30.6% | 23.9% | — | — | 6 |
| Zoom Communications ZM | $29.4B | 4.4% | 23.1% | 39.5% | 56.2% | 9.1x | 6 |
| Palantir PLTR | $510.8B | 56.2% | 31.6% | 46.9% | — | 171.4x | 7 |
| OpenText OTEX | $6.9B | 1.5% | 20.6% | 15.4% | 9.0% | — | 9 |
| Cadence Design Systems CDNS | $88.2B | 14.1% | 28.2% | 30.0% | 23.7% | 75.1x | 5 |
KIRA
At $334.95 a share, the company is worth $117.0B.
Snowflake grew sales faster than 3 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001640147). Data updated October 11, 2026. For information only — not investment advice. Check the original filings before relying on any figure.