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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Snowflake (SNOW) Gross Margin (2019 - 2026)

Snowflake (SNOW) has disclosed Gross Margin for 8 consecutive years, with 66.8% as the latest value for Q1 2026.

  • Quarterly Gross Margin rose 56.0% to 66.8% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 67.17% through Jan 2026, up 66.0% year-over-year, with the annual reading at 67.17% for FY2026, 66.0% up from the prior year.
  • Gross Margin hit 66.8% in Q1 2026 for Snowflake, down from 67.77% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 68.82% in Q4 2023 to a low of 64.98% in Q2 2022.
  • Historically, Gross Margin has averaged 66.61% across 5 years, with a median of 66.53% in 2025.
  • Biggest five-year swings in Gross Margin: soared 856bps in 2022 and later plummeted -288bps in 2024.
  • Year by year, Gross Margin stood at 65.76% in 2022, then grew by 5bps to 68.82% in 2023, then fell by -4bps to 65.94% in 2024, then grew by 3bps to 67.77% in 2025, then fell by -1bps to 66.8% in 2026.
  • Business Quant data shows Gross Margin for SNOW at 66.8% in Q1 2026, 67.77% in Q4 2025, and 67.53% in Q3 2025.