Snowflake (SNOW) EBT Margin (2019 - 2026)
Snowflake's (SNOW) quarterly EBT Margin came in at 21.33% in Q2 2026, up 1938.0% year-on-year from 1.05% in Q2 2025, and up 9.29% quarter-over-quarter from 23.51% in Q1 2026.
Snowflake (SNOW) EBT Margin (2019 - 2026) Analysis & Trends
Snowflake has disclosed EBT Margin across 8 years of filings, most recently posting 21.33% for Q2 2026.
- EBT Margin for Q2 2026 came in at 21.33%, up 1938.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 23.53% (up 1278.0% YoY), and the FY2026 annual result was 28.01%, up 743.0% from the prior year.
- EBT Margin came in at 21.33% for Q2 2026 at Snowflake, up from 23.51% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 21.33% in Q2 2026 to a low of 45.57% in Q2 2022.
- The 5-year median for EBT Margin is 34.44% (2023), against an average of 33.03%.
- Across the five-year window, EBT Margin surged 6971 bps in 2022 and slumped 1096 bps in 2025, its largest moves.
- Snowflake's EBT Margin stood at 35.44% in 2022, then climbed by 19 bps to 28.78% in 2023, then slipped by 20 bps to 34.6% in 2024, then soared by 31 bps to 23.74% in 2025, then climbed by 10 bps to 21.33% in 2026.
- The last three EBT Margin figures came in at 21.33% (Q2 2026), 23.51% (Q1 2026), and 23.74% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.74% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 3.76% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -20.00% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 24.25% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.04% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 17.85% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 30.00% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -21.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -21.33% |
| Jan 31, 2026 | -23.51% |
| Oct 31, 2025 | -23.74% |
| Jul 31, 2025 | -26.02% |
| Apr 30, 2025 | -40.71% |
| Jan 31, 2025 | -33.45% |
| Oct 31, 2024 | -34.60% |
| Jul 31, 2024 | -36.14% |
| Apr 30, 2024 | -38.02% |
| Jan 31, 2024 | -22.49% |
| Oct 31, 2023 | -28.78% |
| Jul 31, 2023 | -34.28% |
| Apr 30, 2023 | -37.31% |
| Jan 31, 2023 | -35.16% |
| Oct 31, 2022 | -35.44% |
| Jul 31, 2022 | -44.03% |
| Apr 30, 2022 | -45.57% |
| Jan 31, 2022 | -34.03% |
| Oct 31, 2021 | -45.95% |
| Jul 31, 2021 | -69.51% |