Snowflake (SNOW) Net Margin (2019 - 2026)

Snowflake has disclosed Net Margin across 8 years of filings, most recently posting 12.39% for Q3 2026.

• In Q3 2026, Net Margin rose 1363.0% year-over-year to 12.39%; the TTM figure through Jul 2026 stood at 20.03% (up 1354.0% YoY), while the FY2026 annual figure was 28.37%, up 718.0% from the prior year.
• Net Margin came in at 12.39% for Q3 2026 at Snowflake, up from 21.25% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 12.39% in Q3 2026 to a low of 44.81% in Q3 2022.
• Average Net Margin over 5 years is 31.73%, with a median of 34.44% recorded in 2022.
• Year-over-year, Net Margin jumped 7001 bps in 2022 and plunged 1108 bps in 2025.
• Over 5 years, Net Margin stood at 36.16% in 2022, then gained by 19 bps to 29.24% in 2023, then slipped by 19 bps to 34.81% in 2024, then soared by 31 bps to 24.04% in 2025, then jumped by 48 bps to 12.39% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 12.39% in Q3 2026, 21.25% in Q2 2026, and 24.11% in Q1 2026.