Snowflake Inc. (SNOW) stock
SNOWNYSEServices-Prepackaged SoftwareFiscal year ends January 31
$291.00−7.70 (-2.58%)
Close on Nov 13, 2026Market cap $102.67BP/E –Yield –
Snowflake gross margin
Gross margin is gross profit as a percentage of revenue.
Snowflake's gross margin for the twelve months ending Jul 31, 2026 was 67.0%. For fiscal 2026 it was 67.2%, against 66.5% the year before. The highest annual figure on record is 68.0% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Jan 31, 2026 | 67.2% | +0.7 |
| FY2025 | Jan 31, 2025 | 66.5% | −1.5 |
| FY2024 | Jan 31, 2024 | 68.0% | +2.7 |
| FY2023 | Jan 31, 2023 | 65.3% | +2.9 |
| FY2022 | Jan 31, 2022 | 62.4% | +3.4 |
| FY2021 | Jan 31, 2021 | 59.0% | +3.1 |
| FY2020 | Jan 31, 2020 | 56.0% | +9.5 |
| FY2019 | Jan 31, 2019 | 46.5% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ2 2026 | Jul 31, 2026 | 67.0% | −0.5 |
| Q1 FY2027CQ1 2026 | Apr 30, 2026 | 66.6% | +0.1 |
| Q4 FY2026CQ4 2025 | Jan 31, 2026 | 66.8% | +0.6 |
| Q3 FY2026CQ3 2025 | Oct 31, 2025 | 67.8% | +1.8 |
| Q2 FY2026CQ2 2025 | Jul 31, 2025 | 67.5% | +0.7 |
| Q1 FY2026CQ1 2025 | Apr 30, 2025 | 66.5% | −0.6 |
| Q4 FY2025CQ4 2024 | Jan 31, 2025 | 66.2% | −2.6 |
| Q3 FY2025CQ3 2024 | Oct 31, 2024 | 65.9% | −2.9 |
| Q2 FY2025CQ2 2024 | Jul 31, 2024 | 66.8% | −0.8 |
| Q1 FY2025CQ1 2024 | Apr 30, 2024 | 67.1% | +0.7 |
| Q4 FY2024CQ4 2023 | Jan 31, 2024 | 68.8% | +3.7 |
| Q3 FY2024CQ3 2023 | Oct 31, 2023 | 68.8% | +3.1 |
| Q2 FY2024CQ2 2023 | Jul 31, 2023 | 67.6% | +2.4 |
| Q1 FY2024CQ1 2023 | Apr 30, 2023 | 66.4% | +1.4 |
| Q4 FY2023CQ4 2022 | Jan 31, 2023 | 65.1% | +0.0 |
| Q3 FY2023CQ3 2022 | Oct 31, 2022 | 65.8% | +1.9 |
| Q2 FY2023CQ2 2022 | Jul 31, 2022 | 65.2% | +4.1 |
| Q1 FY2023CQ1 2022 | Apr 30, 2022 | 65.0% | +7.5 |
| Q4 FY2022CQ4 2021 | Jan 31, 2022 | 65.0% | +8.6 |
| Q3 FY2022CQ3 2021 | Oct 31, 2021 | 63.9% | +5.7 |
| Q2 FY2022CQ2 2021 | Jul 31, 2021 | 61.0% | −1.1 |
| Q1 FY2022CQ1 2021 | Apr 30, 2021 | 57.5% | −3.4 |
| Q4 FY2021CQ4 2020 | Jan 31, 2021 | 56.5% | −4.2 |
| Q3 FY2021CQ3 2020 | Oct 31, 2020 | 58.2% | −1.4 |
| Q2 FY2021CQ2 2020 | Jul 31, 2020 | 62.1% | – |
| Q1 FY2021CQ1 2020 | Apr 30, 2020 | 60.9% | – |
| Q4 FY2020CQ4 2019 | Jan 31, 2020 | 60.6% | – |
| Q3 FY2020CQ3 2019 | Oct 31, 2019 | 59.6% | – |
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