SNOW Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2025-04-30), SNOW reported revenue of $1.0B, gross profit of $693M (66.5% gross margin), operating income of −$447M, and net income of −$430M (-41.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 25.7% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +25.7% | −35.7% | −3.0 pp |
| Quarter over quarter | +10.6% | −32.6% | −6.9 pp |
Consensus estimate data is not available for this report.
SNOW Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.0B | 100% |
| Cost of Revenue | −$349M | 33.5% |
| Gross Profit | $693M | 66.5% |
| Research & Development | −$472M | 45.3% |
| Selling, General & Administrative | −$668M | 64.1% |
| Operating Income | −$447M | -42.9% |
| Interest Expense | −$2M | 0.2% |
| Other Income, net | $25M | 2.4% |
| Income Tax Expense | −$6M | 0.5% |
| Net Income | −$430M | -41.3% |
Source: original SEC filing (filed 2025-05-21). Accession 0001640147-25-000094. Data normalized by EarningsFyi.