SNOW Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2024-10-31), SNOW reported revenue of $942M, gross profit of $621M (65.9% gross margin), operating income of −$365M, and net income of −$324M (-34.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 28.3% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +28.3% | −51.4% | −5.2 pp |
| Quarter over quarter | +8.4% | −2.3% | +2.1 pp |
Consensus estimate data is not available for this report.
SNOW Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $942M | 100% |
| Cost of Revenue | −$321M | 34.1% |
| Gross Profit | $621M | 65.9% |
| Research & Development | −$442M | 47.0% |
| Selling, General & Administrative | −$544M | 57.8% |
| Operating Income | −$365M | -38.8% |
| Interest Expense | −$689,000 | 0.1% |
| Other Income, net | $40M | 4.3% |
| Income Tax Expense | −$2M | 0.2% |
| Net Income | −$324M | -34.4% |
Source: original SEC filing (filed 2024-11-20). Accession 0001640147-24-000242. Data normalized by EarningsFyi.