Snowflake (SNOW) FCF Margin (2020 - 2026)
Snowflake's (SNOW) quarterly FCF Margin came in at 5.71% in Q3 2026, up 62.0% year-over-year from 3.52% in Q3 2025, and down 65.23% quarter-over-quarter from 16.41% in Q2 2026.
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Analysis
Snowflake (SNOW) FCF Margin (2020 - 2026) Analysis & Trends
Snowflake has disclosed FCF Margin across 7 years of filings, most recently posting 5.71% for Q3 2026.
- In Q3 2026, FCF Margin rose 62.0% year-over-year to 5.71%; the TTM figure through Jul 2026 stood at 21.99% (up 374.0% YoY), while the FY2026 annual figure was 23.92%, down 127.0% from the prior year.
- FCF Margin came in at 5.71% for Q3 2026 at Snowflake, down from 16.41% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 59.59% in Q1 2026 to a low of 5.09% in Q3 2025.
- Average FCF Margin over 5 years is 23.83%, with a median of 16.41% recorded in 2026.
- Year-over-year, FCF Margin jumped 3522 bps in 2022 and slumped 2327 bps in 2025.
- Over 5 years, FCF Margin stood at 12.76% in 2022, then grew by 19 bps to 15.12% in 2023, then sank by 38 bps to 9.37% in 2024, then decreased by 0 bps to 9.37% in 2025, then plunged by 39 bps to 5.71% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 5.71% in Q3 2026, 16.41% in Q2 2026, and 59.59% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | 5.71% |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 25.73% |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | -0.11% |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 17.97% |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 28.32% |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 47.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.42% |
| Apr 30, 2026 | 16.73% |
| Jan 31, 2026 | 59.59% |
| Oct 31, 2025 | 9.37% |
| Jul 31, 2025 | 5.09% |
| Apr 30, 2025 | 17.60% |
| Jan 31, 2025 | 42.71% |
| Oct 31, 2024 | 9.37% |
| Jul 31, 2024 | 7.46% |
| Apr 30, 2024 | 40.90% |
| Jan 31, 2024 | 42.79% |
| Oct 31, 2023 | 15.28% |
| Jul 31, 2023 | 11.41% |
| Apr 30, 2023 | 46.90% |
| Jan 31, 2023 | 35.98% |
| Oct 31, 2022 | 12.71% |
| Jul 31, 2022 | 12.18% |
| Apr 30, 2022 | 41.95% |
| Jan 31, 2022 | 19.51% |
| Oct 31, 2021 | 3.96% |
API Access
Snowflake FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=SNOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "SNOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=SNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();