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
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 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% | +18.23 pp |
| Q3 2021 | 2020-10-31 | −106.16% | — |
| 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 reported fiscal years, Snowflake's operating margin increased from −91.87% to −30.64%, a change of +61.23 percentage points. The latest reported quarter, Q1 2027, shows −23.45%.
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 filings at SEC.gov ↗