Snowflake annual operating margin
2019
2020
2021
2022
2023
2024
2025
2026
Snowflake Operating Margin Growth & History (SNOW)
Snowflake's operating margin was −30.64% for fiscal 2026.
View full Snowflake company overviewSnowflake annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-31 | −30.64% | +9.51 pp |
| 2025 | 2025-01-31 | −40.15% | −1.14 pp |
| 2024 | 2024-01-31 | −39.01% | +1.77 pp |
| 2023 | 2023-01-31 | −40.77% | +17.87 pp |
| 2022 | 2022-01-31 | −58.64% | +33.23 pp |
| 2021 | 2021-01-31 | −91.87% | +43.38 pp |
| 2020 | 2020-01-31 | −135.26% | +56.61 pp |
| 2019 | 2019-01-31 | −191.86% | — |
Snowflake quarterly operating margin
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
Q2.27
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2027 | 2026-07-31 | −17.00% | +12.72 pp |
| Q1 2027 | 2026-04-30 | −23.45% | +19.47 pp |
| Q4 2026 | 2026-01-31 | −24.78% | +14.41 pp |
| Q3 2026 | 2025-10-31 | −27.16% | +11.63 pp |
| Q2 2026 | 2025-07-31 | −29.72% | +11.18 pp |
| Q1 2026 | 2025-04-30 | −42.92% | −0.86 pp |
| Q4 2025 | 2025-01-31 | −39.19% | −3.62 pp |
| Q3 2025 | 2024-10-31 | −38.79% | −3.29 pp |
| Q2 2025 | 2024-07-31 | −40.89% | +1.45 pp |
| Q1 2025 | 2024-04-30 | −42.06% | +1.75 pp |
| Q4 2024 | 2024-01-31 | −35.56% | +5.14 pp |
| Q3 2024 | 2023-10-31 | −35.50% | +1.49 pp |
| Q2 2024 | 2023-07-31 | −42.34% | −0.57 pp |
| Q1 2024 | 2023-04-30 | −43.82% | +0.88 pp |
| Q4 2023 | 2023-01-31 | −40.70% | −1.09 pp |
| Q3 2023 | 2022-10-31 | −36.99% | +10.04 pp |
| Q2 2023 | 2022-07-31 | −41.78% | +31.75 pp |
| Q1 2023 | 2022-04-30 | −44.69% | +45.12 pp |
| Q4 2022 | 2022-01-31 | −39.61% | +65.60 pp |
| Q3 2022 | 2021-10-31 | −47.03% | +59.13 pp |
| Q2 2022 | 2021-07-31 | −73.53% | −15.18 pp |
| Q1 2022 | 2021-04-30 | −89.81% | −1.22 pp |
| Q4 2021 | 2021-01-31 | −105.21% | — |
| Q3 2021 | 2020-10-31 | −106.16% | +17.29 pp |
| Q2 2021 | 2020-07-31 | −58.34% | — |
| Q1 2021 | 2020-04-30 | −88.59% | — |
| Q3 2020 | 2019-10-31 | −123.45% | — |
Snowflake operating margin trends
Over the last five fiscal years, Snowflake's operating margin increased from −91.87% to −30.64%, a change of +61.23 percentage points. The latest reported quarter, Q2 2027, shows −17.00%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Snowflake source filings ↗Community posts
Snowflake prices enlarged $3.75 billion zero-coupon convertible financing
Snowflake ($SNOW) priced $3.75 billion of zero-coupon convertible senior notes, increasing the base financing from $3.5 billion. The placement comprises $2.0 billion maturing in 2029 and $1.75 billion in 2031. Initial purchasers can buy ano ...
