Company / Gross Margin
Snowflake Inc. Gross Margin History
FY2018-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
68.0%
FY2026
5-year range
56.0% / 68.0%
FY2022-FY2026
Trend
+1.2%
vs FY2025
Sector context
#82 of 225
Information Technology
What the data says
At 68.0%, Snowflake Inc.'s gross margin ranks #82 of 225 in the Information Technology sector. Gross Margin has increased for 4 consecutive years, from 56.0% in FY2022 to 68.0% in FY2026.
Based on SEC 10-K filings.
68.0% in FY2026 with a 5-year CAGR of +5.6%.
Improved from 66.5% to 68.0% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +8.9pp
- 5-Year Change
- +5.6pp
- 10-Year Change
- -
Sector benchmark
#82 of 225 in Information TechnologyTop 36% of 225This company 68.0% Sector average 53.6%
▼
+26.8% above sector average
Key checks
Key Insights
- Snowflake Inc.'s gross margin has grown for 4 consecutive years.
- In FY2026, gross margin increased 1.2% year-over-year.
- Currently 14.4pp above the Information Technology sector average.
- Lowest gross margin in the period was in FY2018.
Company context
Key Data Points
- Altman Z-Score 0.24 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | 68.0% | +1.2% |
| FY2025 | 67.2% | +1.0% |
| FY2024 | 66.5% | +12.7% |
| FY2023 | 59.0% | +5.5% |
| FY2022 | 56.0% | -10.3% |
| FY2021 | 62.4% | +5.7% |
| FY2020 | 59.0% | +5.5% |
| FY2019 | 56.0% | +20.5% |
| FY2018 | 46.5% | - |
As of FY2026 · SEC Form 10-K · Last checked Jun 30, 2026