Snowflake (SNOW) EBIT (2019 - 2026)
Snowflake (SNOW) posted EBIT of -$326.2 million for Q2 2026, down 2.51% sequentially from -$318.2 million in Q1 2026, and up 27.08% YoY from -$256.7 million in Q2 2025.
Analysis
Snowflake (SNOW) EBIT (2019 - 2026) Analysis & Trends
Snowflake has reported EBIT for 8 years, with the latest figure at -$326.2 million in Q2 2026.
- Quarterly EBIT rose 27.08% year-over-year to -$326.2 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$1.3 billion (up 15.48% YoY) and the FY2026 annual result came in at -$1.4 billion, up 1.43% from the prior year.
- EBIT slipped to -$326.2 million in Q2 2026 per SNOW's latest filing, from -$318.2 million in the prior quarter.
- Over five years, EBIT peaked at -$152.0 million in Q1 2022 and troughed at -$447.3 million in Q2 2025.
- A 5-year average of -$294.8 million and a median of -$301.8 million in 2023 frame the typical range for EBIT.
- The sharpest annual moves came in 2023 and 2026: EBIT plunged 57.7% in 2023, then gained 27.08% in 2026.
- Over 5 years, EBIT stood at -$206.0 million in 2022, then dropped by 26.5% to -$260.6 million in 2023, then plunged by 40.22% to -$365.5 million in 2024, then increased by 9.85% to -$329.5 million in 2025, then increased by 1.01% to -$326.2 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered -$326.2 million, -$318.2 million, and -$329.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 250.33 Bn | 228.67 Bn | 8.40 Bn | 3.07 Bn |
| 2 | Salesforce | 212.40 Bn | 201.00 Bn | 8.70 Bn | 2.33 Bn |
| 3 | Shopify | 188.33 Bn | 183.38 Bn | 1.71 Bn | 488.00 Mn |
| 4 | Uber Technologies | 154.88 Bn | 149.49 Bn | 6.38 Bn | 1.89 Bn |
| 5 | ServiceNow | 145.44 Bn | 140.78 Bn | 2.82 Bn | 162.00 Mn |
| 6 | Snowflake | 116.79 Bn | 113.83 Bn | 926.45 Mn | -326.15 Mn |
| 7 | Automatic Data Processing | 111.67 Bn | 107.44 Bn | 2.51 Bn | -1.82 Bn |
| 8 | Adobe | 107.19 Bn | 101.57 Bn | 5.90 Bn | 2.24 Bn |
| 9 | Intuit | 91.77 Bn | 84.99 Bn | 7.24 Bn | 4.02 Bn |
| 10 | Cadence Design Systems | 80.46 Bn | 79.02 Bn | 1.41 Bn | 450.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -326.15 Mn |
| Jan 31, 2026 | -318.16 Mn |
| Oct 31, 2025 | -329.47 Mn |
| Jul 31, 2025 | -340.28 Mn |
| Apr 30, 2025 | -447.26 Mn |
| Jan 31, 2025 | -386.68 Mn |
| Oct 31, 2024 | -365.46 Mn |
| Jul 31, 2024 | -355.30 Mn |
| Apr 30, 2024 | -348.57 Mn |
| Jan 31, 2024 | -275.51 Mn |
| Oct 31, 2023 | -260.62 Mn |
| Jul 31, 2023 | -285.41 Mn |
| Apr 30, 2023 | -273.24 Mn |
| Jan 31, 2023 | -239.75 Mn |
| Oct 31, 2022 | -206.02 Mn |
| Jul 31, 2022 | -207.73 Mn |
| Apr 30, 2022 | -188.77 Mn |
| Jan 31, 2022 | -152.03 Mn |
| Oct 31, 2021 | -157.27 Mn |
| Jul 31, 2021 | -200.14 Mn |