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SNOW · NYSE · United States · Services-Prepackaged Software
In shortSnowflake Inc. is loss-making, generates cash and holds more cash than debt, with revenue growing (+29.2% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -30.6% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -28.4% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -54.1% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -27.0% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.30× | 42/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.18× | 45/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -172.95× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -3.22 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 23.9% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 33.5% | 0/100 |
| Operating margin volatility | 10.2% | 16/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 31.4% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
3 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,219 | 2,066 | 2,806 | 3,626 | 4,684 |
| Cost of revenue | 458 | 718 | 899 | 1,215 | 1,538 |
| Gross profit | 761 | 1,348 | 1,908 | 2,412 | 3,146 |
| Research & development | 467 | 788 | 1,288 | 1,783 | 1,969 |
| Operating income | (715) | (842) | (1,095) | (1,456) | (1,435) |
| Interest expense | – | 0 | 0 | 2.8 | 8.3 |
| Pre-tax income | (677) | (816) | (849) | (1,285) | (1,312) |
| Income tax | 3 | (18) | (11) | 4.1 | 17 |
| Net income | (680) | (797) | (836) | (1,286) | (1,332) |
| Diluted EPS | −$2.26 | −$2.50 | −$2.55 | −$3.86 | −$3.95 |
| Diluted shares (millions) | 300 | 319 | 328 | 333 | 337 |
3 older years available with the 10-year history. Essential plan, from €8.25/month →
−3.22 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 31, 2026 · Data updated Sep 4, 2026