Snowflake Inc. Income Statement
SNOW / Information Technology|9 years of annual SEC 10-K data (FY2018-FY2026)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 9 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$2.8B
FY2026
Gross Profit
$1.9B
68.0% gross margin
Operating Income
-$1.1B
FY2026
Net Income
-$836M
FY2026
Snowflake Inc. reported $2.8B in revenue and $836M in net loss for FY2026. Revenue has grown at a 52.4% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8B | $4.7B | $3.6B | $592.0M | $264.7M | $1.2B | $592.0M | $264.7M | $96.7M |
| Cost of Revenue | $898.6M | $1.5B | $1.2B | $242.6M | $116.6M | $458.4M | $242.6M | $116.6M | $51.8M |
| Gross Profit | $1.9B | $3.1B | $2.4B | $349.5M | $148.2M | $760.9M | $349.5M | $148.2M | $44.9M |
| SG&A Expense | $323.0M | $549.7M | $412.3M | $176.1M | $107.5M | $265.0M | $176.1M | $107.5M | $36.1M |
| R&D Expense | $1.3B | $2.0B | $1.8B | $237.9M | $105.2M | $466.9M | $237.9M | $105.2M | $68.7M |
| Operating Income | -$1.1B | -$1.4B | -$1.5B | -$543.9M | -$358.1M | -$715.0M | -$543.9M | -$358.1M | -$185.5M |
| Income Tax | -$11.2M | $17.1M | $4.1M | $2.1M | $993.0K | $3.0M | $2.1M | $993.0K | $820.0K |
| Net Income | -$836.1M | -$1.3B | -$1.3B | -$539.1M | -$348.5M | -$679.9M | -$539.1M | -$348.5M | -$178.0M |
| EPS (Basic) | -$2.55 | -$2.50 | -$2.26 | -$3.81 | -$7.77 | - | -$3.81 | -$7.77 | - |
| EPS (Diluted) | -$2.55 | -$2.50 | -$2.26 | -$3.81 | -$7.77 | -$4.67 | -$3.81 | -$7.77 | - |
| Shares Outstanding | 328.0M | 318.7M | 300.3M | 141.6M | 44.8M | 38.2M | 141.6M | 44.8M | 38.2M |
| Gross Margin | 68.0% | 67.2% | 66.5% | 59.0% | 56.0% | 62.4% | 59.0% | 56.0% | 46.5% |
| Operating Margin | -39.0% | -30.6% | -40.2% | -91.9% | -135.3% | -58.6% | -91.9% | - | - |
| Profit Margin | -29.8% | -28.4% | -35.4% | -91.1% | -131.7% | -55.8% | -91.1% | -131.7% | -184.2% |