Snowflake (SNOW) Return on Equity [ROE] (2020 - 2026)
Snowflake's Return on Equity [ROE] was -53.23% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 4.40 percentage points from -57.63% a year earlier and up 8.61 percentage points from the prior quarter.
Snowflake (SNOW) Return on Equity [ROE] (2020 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Return on Equity [ROE] at Snowflake came in at -53.91%, down 22.45 percentage points from FY2025.
- Return on Equity [ROE] has now declined for four consecutive fiscal years, with a five-year change of -29.36 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Equity [ROE] was -31.45% in FY2025 (-15.73 pp), -15.72% in FY2024 (-0.56 pp), -15.17% in FY2023 (-1.55 pp) and -13.62% in FY2022 (+10.93 pp).
- The fiscal Q2 2027 figure marks the highest quarterly Return on Equity [ROE] since fiscal Q1 2026.
- Compared with a year earlier, Return on Equity [ROE] was higher in 1 of the last eight quarters, with an average year-over-year change of -20.51 percentage points.
- The best year-over-year quarter for Return on Equity [ROE] over five years was fiscal Q3 2022 (a gain of 4.64 percentage points); the worst was fiscal Q2 2026 (a drop of 34.19 percentage points).
- Per Business Quant data, SNOW's Return on Equity [ROE] in the three fiscal quarters before Q2 2027 was -61.84% (Q1 2027), -65.52% (Q4 2026) and -59.62% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.75 Bn | 249.82 Bn | 2.30 Bn | 1.11% |
| 2 | CrowdStrike Holdings | 238.93 Bn | 219.33 Bn | 1.10 Bn | 1.60% |
| 3 | Fortinet | 127.84 Bn | 113.77 Bn | 1.64 Bn | 166.87% |
| 4 | Snowflake | 110.22 Bn | 97.54 Bn | 1.04 Bn | -53.23% |
| 5 | Datadog | 89.46 Bn | 71.10 Bn | 881.34 Mn | 4.25% |
| 6 | Zscaler | 33.91 Bn | 20.03 Bn | - | - |
| 7 | Okta | 33.86 Bn | 23.96 Bn | 641.00 Mn | 4.27% |
| 8 | Axon Enterprise | 32.92 Bn | 27.44 Bn | 546.45 Mn | 5.53% |
| 9 | MongoDB | 27.85 Bn | 18.31 Bn | 569.77 Mn | 1.99% |
| 10 | F5 | 25.12 Bn | 19.53 Bn | 711.51 Mn | 19.36% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -53.23% |
| Apr 30, 2026 | -61.84% |
| Jan 31, 2026 | -65.52% |
| Oct 31, 2025 | -59.62% |
| Jul 31, 2025 | -57.63% |
| Apr 30, 2025 | -51.70% |
| Jan 31, 2025 | -43.40% |
| Oct 31, 2024 | -32.05% |
| Jul 31, 2024 | -23.44% |
| Apr 30, 2024 | -19.06% |
| Jan 31, 2024 | -16.54% |
| Oct 31, 2023 | -17.10% |
| Jul 31, 2023 | -16.28% |
| Apr 30, 2023 | -15.93% |
| Jan 31, 2023 | -14.64% |
| Oct 31, 2022 | -13.31% |
| Jul 31, 2022 | -12.41% |
| Apr 30, 2022 | -12.23% |
| Jan 31, 2022 | -13.52% |
| Oct 31, 2021 | -14.98% |
Snowflake Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=SNOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=SNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();