Snowflake (SNOW) Operating Margin (2019 - 2026)

Snowflake has reported Operating Margin for 8 years, with the latest figure at 30.64% in FY2026.

• Quarterly Operating Margin rose 1947.0% year-over-year to 23.45% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 26.11% (up 1438.0% YoY) and the FY2026 annual result came in at 30.64%, up 951.0% from the prior year.
• Operating Margin advanced to 30.64% in FY2026 per SNOW's latest filing, from 40.15% in the prior year.
• Over five years, Operating Margin peaked at 30.64% in FY2026 and troughed at 58.64% in FY2022.
• A 5-year average of 41.84% and a median of 40.15% in 2025 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2022 and 2025: Operating Margin soared 3323 bps in 2022, then plunged 114 bps in 2025.
• Over 5 years, Operating Margin stood at 58.64% in 2022, then surged by 30 bps to 40.77% in 2023, then increased by 4 bps to 39.01% in 2024, then declined by 3 bps to 40.15% in 2025, then gained by 24 bps to 30.64% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 30.64%, 40.15%, and 39.01% for FY2026, FY2025, and FY2024 respectively.