SNOWSnowflake Inc.

$321.20

Is the business good?

How good a business is SNOW?

Snowflake Inc. keeps −26% of every revenue dollar as operating profit, against 8.2% for the median Software - Application name.

−26%

Operating margin · Software - Application median 8.2% · 12 months to Q1 2027

Share count, year on year
+3.8%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
40%

R&D as % of revenue

Gross margin
67%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2021−92%
FY2022−59%
FY2023−41%
FY2024−39%
FY2025−40%
FY2026−31%
Details
Gross margin12 months to Q1 2027
67%
Operating margin12 months to Q1 2027
−26%
Net margin12 months to Q1 2027
−24%
Free cash flow margin
23%
R&D as % of revenue
40%
Revenue, trailing twelve months
$5.03B
Free cash flow, trailing twelve months
$1.17B
Net income, trailing twelve months
−$1.20B

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.