SNOW Q2 2025 Earnings — Income Statement Breakdown
For its Q2 2025 period (ending 2024-07-31), SNOW reported revenue of $869M, gross profit of $581M (66.8% gross margin), operating income of −$355M, and net income of −$317M (-36.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 28.9% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +28.9% | −39.7% | −2.8 pp |
| Quarter over quarter | +4.8% | +0.0% | +1.8 pp |
Consensus estimate data is not available for this report.
SNOW Q2 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $869M | 100% |
| Cost of Revenue | −$288M | 33.2% |
| Gross Profit | $581M | 66.8% |
| Research & Development | −$438M | 50.4% |
| Selling, General & Administrative | −$498M | 57.4% |
| Operating Income | −$355M | -40.9% |
| Other Income, net | $41M | 4.8% |
| Income Tax Expense | −$4M | 0.4% |
| Net Income | −$317M | -36.5% |
Source: original SEC filing (filed 2024-08-21). Accession 0001640147-24-000203. Data normalized by EarningsFyi.