Snowflake Inc. (SNOW) Financials
Key financial figures for Snowflake Inc. (Q2 2027).
Snowflake's Q2 FY2027 product revenue rose 37% year-over-year to $1.49 billion, net revenue retention held at 126%, and management raised full-year product revenue growth guidance to 36%. Product revenue reached $1,491.9 million (up 37% YoY) and total revenue was $1,546.8 million (up 35% YoY), both above the high end of Snowflake's prior quarterly guidance range. Net revenue retention rate was 126%, and the company ended the quarter with 828 customers generating more than $1 million in trailing-12-month product revenue (up 27% YoY), plus 829 Forbes Global 2000 customers. On the outlook: For Q3 FY2027, Snowflake guided to product revenue of $1,588-$1,593 million (37%-38% YoY growth) and non-GAAP operating margin of 15.5%. For full-year FY2027, the company raised guidance to product revenue of $6,070 million (36% YoY growth, up from prior guidance of $5,840 million / 31% YoY) and non-GAAP operating margin of 14.5% (up from prior guidance of 13.5%), with non-GAAP adjusted free cash flow margin guided to 23.0%. Figures are for Q2 FY2027, as Snowflake Inc. reported them.
- Revenue
- $1.5B
- Net Income
- -$192M
- EPS
- $-0.55
- Total Assets
- $8.7B
- Operating Cash Flow
- $91M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2027 | $1.5B | -$192M | -$0.55 | -17% | $84M |
| Q1 FY2027 | $1.4B | -$296M | -$0.86 | -23.45% | $233M |
| Q4 FY2026 | $1.3B | -$310M | -$0.90 | -24.78% | $765M |
| Q3 FY2026 | $1.2B | -$294M | -$0.87 | -27.16% | $114M |
| Q2 FY2026 | $1.1B | -$298M | -$0.89 | -29.72% | $58M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $4.7B | -$1.3B | -$3.95 | -30.64% | $1.1B |
| FY2025 | $3.6B | -$1.3B | -$3.86 | -40.15% | $913M |
| FY2024 | $2.8B | -$836M | -$2.55 | -39.01% | $779M |
Frequently asked questions
What was Snowflake Inc.'s revenue last quarter?
Snowflake Inc. reported revenue of $1.55 billion for Q2 FY2027, up 35.1% from the same period a year earlier.
Is Snowflake Inc. profitable?
Not in its most recent reported period. Snowflake Inc. reported a net loss of $191.7 million for Q2 FY2027, a net margin of -12.39% on revenue.
How has Snowflake Inc.'s margin trended?
Operating margin was -17% in Q2 FY2027, compared with -29.72% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Snowflake Inc. generate?
Snowflake Inc. generated free cash flow of $83.8 million in Q2 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Snowflake Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.