SNOW Q1 2027 Earnings — Income Statement Breakdown
For its Q1 2027 period (ending 2026-04-30), SNOW reported revenue of $1.4B, gross profit of $926M (66.6% gross margin), operating income of −$326M, and net income of −$296M (-21.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 33.5% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +33.5% | +31.3% | +20.0 pp |
| Quarter over quarter | +8.3% | +4.5% | +2.9 pp |
Consensus estimate data is not available for this report.
SNOW Q1 2027 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.4B | 100% |
| Cost of Revenue | −$465M | 33.4% |
| Gross Profit | $926M | 66.6% |
| Research & Development | −$535M | 38.5% |
| Selling, General & Administrative | −$718M | 51.6% |
| Operating Income | −$326M | -23.4% |
| Interest Expense | −$2M | 0.1% |
| Other Income, net | $32M | 2.3% |
| Income Tax Expense | $1M | 0.1% |
| Net Income | −$296M | -21.2% |
Source: original SEC filing (filed 2026-05-27). Accession 0001640147-26-000027. Data normalized by EarningsFyi.