SNOW Q3 2026 Earnings — Income Statement Breakdown
For its Q3 2026 period (ending 2025-10-31), SNOW reported revenue of $1.2B, gross profit of $822M (67.8% gross margin), operating income of −$329M, and net income of −$294M (-24.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 28.7% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +28.7% | +9.4% | +10.2 pp |
| Quarter over quarter | +5.9% | +1.4% | +1.8 pp |
Consensus estimate data is not available for this report.
SNOW Q3 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.2B | 100% |
| Cost of Revenue | −$391M | 32.2% |
| Gross Profit | $822M | 67.8% |
| Research & Development | −$494M | 40.7% |
| Selling, General & Administrative | −$657M | 54.2% |
| Operating Income | −$329M | -27.2% |
| Interest Expense | −$2M | 0.2% |
| Other Income, net | $44M | 3.6% |
| Income Tax Expense | −$4M | 0.3% |
| Net Income | −$294M | -24.2% |
Source: original SEC filing (filed 2025-12-03). Accession 0001640147-25-000207. Data normalized by EarningsFyi.