Snowflake Inc.
Income Statement
| Line Item | Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.55B | $1.39B | $1.28B | $1.21B | $1.14B | $1.04B | $986.8M | $942.1M |
| Cost of Revenue | $510.1M | $464.5M | $426.3M | $390.9M | $371.8M | $348.8M | $333.2M | $320.9M |
| Gross Profit | $1.04B | $926.5M | $857.7M | $822.0M | $773.2M | $693.3M | $653.6M | $621.2M |
| Gross Margin | 67.0% | 66.6% | 66.8% | 67.8% | 67.5% | 66.5% | 66.2% | 65.9% |
| Operating Expenses | ||||||||
| Research & Development | $567.5M | $534.9M | $511.0M | $494.0M | $492.0M | $472.4M | $492.5M | $442.4M |
| SG&A Expense | $120.6M | $128.7M | $113.5M | $107.1M | $119.5M | $209.6M | $115.1M | $106.3M |
| Operating Income | $-263.0M | $-326.2M | $-318.2M | $-329.5M | $-340.3M | $-447.3M | $-386.7M | $-365.5M |
| Operating Margin | -17.0% | -23.4% | -24.8% | -27.2% | -29.7% | -42.9% | -39.2% | -38.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-188.3M | $-296.7M | $-301.9M | $-287.9M | $-297.9M | $-424.2M | $-330.1M | $-326.0M |
| Income Tax Expense | $3.4M | $-1.1M | $7.7M | $3.7M | $62.0K | $5.7M | $-4.3M | $1.9M |
| Net Income | $-191.7M | $-295.6M | $-309.6M | $-294.0M | $-298.0M | $-430.1M | $-327.5M | $-324.3M |
| Net Margin | -12.4% | -21.2% | -24.1% | -24.2% | -26.0% | -41.3% | -33.2% | -34.4% |
| EPS (Basic) | $-0.55 | $-0.86 | $-0.90 | $-0.87 | $-0.89 | $-1.29 | $-0.98 | $-0.98 |
| EPS (Diluted) | $-0.55 | $-0.86 | $-0.90 | $-0.87 | $-0.89 | $-1.29 | $-0.98 | $-0.98 |
| Shares Outstanding (Basic) | 349.3M | 345.4M | 337.5M | 339.6M | 335.2M | 332.7M | — | 331.8M |
| Shares Outstanding (Diluted) | 349.3M | 345.4M | 337.5M | 339.6M | 335.2M | 332.7M | — | 331.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |