SNOW Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2025-07-31), SNOW reported revenue of $1.1B, gross profit of $773M (67.5% gross margin), operating income of −$340M, and net income of −$298M (-26.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 31.8% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +31.8% | +6.0% | +10.4 pp |
| Quarter over quarter | +9.9% | +30.7% | +15.2 pp |
Consensus estimate data is not available for this report.
SNOW Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.1B | 100% |
| Cost of Revenue | −$372M | 32.5% |
| Gross Profit | $773M | 67.5% |
| Research & Development | −$492M | 43.0% |
| Selling, General & Administrative | −$621M | 54.3% |
| Operating Income | −$340M | -29.7% |
| Interest Expense | −$2M | 0.2% |
| Other Income, net | $44M | 3.9% |
| Income Tax Expense | −$62,000 | 0.0% |
| Net Income | −$298M | -26.0% |
Source: original SEC filing (filed 2025-08-27). Accession 0001640147-25-000177. Data normalized by EarningsFyi.