Snowflake (SNOW) Operating Income (2019 - 2026)
Snowflake's (SNOW) quarterly Operating Income came in at -$326.2 million in Q2 2026, up 27.08% year-on-year from -$256.7 million in Q2 2025, and down 2.51% quarter-over-quarter from -$318.2 million in Q1 2026.
Snowflake (SNOW) Operating Income (2019 - 2026) Analysis & Trends
Snowflake has disclosed Operating Income across 8 years of filings, most recently posting -$326.2 million for Q2 2026.
- Operating Income for Q2 2026 came in at -$326.2 million, up 27.08% year-over-year; the trailing twelve-month figure through Apr 2026 was -$1.3 billion (up 15.48% YoY), and the FY2026 annual result was -$1.4 billion, up 1.43% from the prior year.
- Operating Income came in at -$326.2 million for Q2 2026 at Snowflake, down from -$318.2 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$152.0 million in Q1 2022 to a low of -$447.3 million in Q2 2025.
- The 5-year median for Operating Income is -$301.8 million (2023), against an average of -$294.8 million.
- Across the five-year window, Operating Income plunged 57.7% in 2023 and increased 27.08% in 2026, its largest moves.
- Snowflake's Operating Income stood at -$206.0 million in 2022, then decreased by 26.5% to -$260.6 million in 2023, then plunged by 40.22% to -$365.5 million in 2024, then climbed by 9.85% to -$329.5 million in 2025, then climbed by 1.01% to -$326.2 million in 2026.
- The last three Operating Income figures came in at -$326.2 million (Q2 2026), -$318.2 million (Q1 2026), and -$329.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 145.83 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.92 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 382.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 2.35 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 431.33 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 503.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -1.37 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 2.24 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -326.15 Mn |
Historic Data
Download 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 |