Snowflake Inc. (SNOW) Financial Statements

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Snowflake financial statements at a glance

Snowflake reported revenue of $4.68 billion for fiscal year 2026 (ended January 31, 2026), up 29.2% from fiscal year 2025. Net income was -$1.33 billion, a net margin of 28.4% loss, and diluted earnings per share were -$3.95.

At the end of fiscal year 2026 it had total assets of $9.13 billion, total liabilities of $7.21 billion and shareholders' equity of $1.92 billion, with cash and short-term investments of $4.03 billion and total debt of $2.74 billion.

Its operations brought in $1.22 billion of cash; capital spending was $104.73 million, leaving free cash flow of $1.12 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended January 31, 2026.

SNOW logo

Snowflake Inc.

SNOWUnited States
Technology
USD (Local)

Income Statement

Annual • USD

Total Revenue
4.68B
Prev Year: 3.63B
YoY: +29.2%
Operating Revenue
4.68B
Prev Year: 3.63B
YoY: +29.2%
Tax Rate for Calcs
0.4
Prev Year: 0
Tax Effect of Unusual Items
-23.96M
Prev Year: -6.60M
YoY: -263.1%
Weighted Average Shares (diluted)
337.49M
Prev Year: 332.71M
YoY: +1.4%
Weighted Average Shares (basic)
337.49M
Prev Year: 332.71M
YoY: +1.4%
Diluted EPS
-3.95
Prev Year: -3.86
YoY: -2.3%
Basic EPS
-3.95
Prev Year: -3.86
YoY: -2.3%
Cost of Revenue
1.54B
Prev Year: 1.21B
YoY: +26.6%
Gross Profit
3.15B
Prev Year: 2.41B
YoY: +30.5%
Operating Expense
4.58B
Prev Year: 3.87B
YoY: +18.4%
Selling General and Administrative
2.61B
Prev Year: 2.08B
YoY: +25.3%
General and Administrative Expense
549.70M
Prev Year: 412.26M
YoY: +33.3%
Other General and Administrative
549.70M
Prev Year: 412.26M
YoY: +33.3%
Selling and Marketing Expense
2.06B
Prev Year: 1.67B
YoY: +23.3%
Research and Development
1.97B
Prev Year: 1.78B
YoY: +10.4%
Operating Income
-1.44B
Prev Year: -1.46B
YoY: +1.4%
Net Non Operating Interest Income Expense
182.26M
Prev Year: 206.25M
YoY: -11.6%
Non-operating Interest Income
190.56M
Prev Year: 209.01M
YoY: -8.8%
Non-operating Interest Expense
8.30M
Prev Year: 2.76M
YoY: +200.8%
Other Income Expense
-59.00M
Prev Year: -35.34M
YoY: -67.0%
Gain on Sale of Securities
-6.04M
Prev Year: -19.84M
YoY: +69.5%
Special Income Charges
-53.85M
Prev Year: -11.58M
YoY: -365.1%
Write-offs
53.85M
Prev Year: 11.58M
YoY: +365.1%
Other Non-operating Income (expense)
892.0K
Prev Year: -3.92M
YoY: +122.8%
Pre-tax Income
-1.31B
Prev Year: -1.29B
YoY: -2.1%
Provision for Income Taxes
17.13M
Prev Year: 4.11M
YoY: +316.4%
Net Income Common Stockholders
-1.33B
Prev Year: -1.29B
YoY: -3.6%
Net Income
-1.33B
Prev Year: -1.29B
YoY: -3.6%
Net Income Including Non-Controlling Interests
-1.33B
Prev Year: -1.29B
YoY: -3.1%
Net Income from Continuing Operations
-1.33B
Prev Year: -1.29B
YoY: -3.1%
Noncontrolling Interests
-2.58M
Prev Year: 3.57M
YoY: -172.3%
Diluted NI Available to Com Stockholders
-1.33B
Prev Year: -1.29B
YoY: -3.6%
Total Operating Income as Reported
-1.44B
Prev Year: -1.46B
YoY: +1.4%
Total Expenses
6.12B
Prev Year: 5.08B
YoY: +20.4%
Net Income from Continuing and Discontinued Operation
-1.33B
Prev Year: -1.29B
YoY: -3.6%
Normalized Income
-1.30B
Prev Year: -1.26B
YoY: -2.8%
Interest Income
190.56M
Prev Year: 209.01M
YoY: -8.8%
Interest Expense
8.30M
Prev Year: 2.76M
YoY: +200.8%
Net Interest Income
182.26M
Prev Year: 206.25M
YoY: -11.6%
EBIT
-1.30B
Prev Year: -1.28B
YoY: -1.7%
EBITDA
-1.08B
Prev Year: -1.10B
YoY: +1.5%
Reconciled Cost of Revenue
1.54B
Prev Year: 1.21B
YoY: +26.6%
Reconciled Depreciation
220.44M
Prev Year: 182.51M
YoY: +20.8%
Net Income from Continuing Operation Net Minority Interest
-1.33B
Prev Year: -1.29B
YoY: -3.6%
Total Unusual Items Excluding Goodwill
-59.90M
Prev Year: -31.42M
YoY: -90.6%
Total Unusual Items
-59.90M
Prev Year: -31.42M
YoY: -90.6%
Normalized EBITDA
-1.02B
Prev Year: -1.07B
YoY: +4.2%
Values in USD

Snowflake key figures by fiscal year

FY2026FY2025FY2024FY2023FY2022
Revenue$4.7B$3.6B$2.8B$2.1B$1.2B
Gross profit$3.1B$2.4B$1.9B$1.3B$760.9M
Operating income-$1.4B-$1.5B-$1.1B-$842.3M-$715.0M
Net income-$1.3B-$1.3B-$836.1M-$796.7M-$679.9M
Diluted EPS-$3.95-$3.86-$2.55-$2.50-$2.26
Total assets$9.1B$9.0B$8.2B$7.7B$6.6B
Total liabilities$7.2B$6.0B$3.0B$2.3B$1.6B
Shareholders' equity$1.9B$3.0B$5.2B$5.5B$5.0B
Cash and short-term investments$4.0B$4.6B$3.8B$4.0B$3.9B
Total debt$2.7B$2.7B$288.0M$251.7M$206.3M
Operating cash flow$1.2B$959.8M$848.1M$545.6M$110.2M
Capital spending$104.7M$75.7M$98.0M$49.8M$53.3M
Free cash flow$1.1B$884.1M$750.2M$495.8M$56.9M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2019.

Questions and answers

What was Snowflake's revenue in fiscal year 2026?

$4.68 billion, up 29.2% from $3.63 billion in fiscal year 2025.

How much profit does Snowflake make?

Snowflake reported net income of -$1.33 billion for fiscal year 2026 (28.4% of revenue); operating income was -$1.44 billion.

How much cash and debt does Snowflake have?

At the end of fiscal year 2026: cash and short-term investments of $4.03 billion and total debt of $2.74 billion.

What is Snowflake's free cash flow?

$1.12 billion in fiscal year 2026 (operating cash flow of $1.22 billion minus capital spending of $104.73 million).

MoreSnowflake stock overviewSnowflake executive teamSnowflake shareholdersSnowflake revenue by segment
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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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