SNOW Q2 2027 Earnings — Income Statement Breakdown
For its Q2 2027 period (ending 2026-07-31), SNOW reported revenue of $1.5B, gross profit of $1.0B (67.0% gross margin), operating income of −$263M, and net income of −$192M (-12.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 35.1% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +35.1% | +35.7% | +13.6 pp |
| Quarter over quarter | +11.2% | +35.1% | +8.9 pp |
Consensus estimate data is not available for this report.
SNOW Q2 2027 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.5B | 100% |
| Cost of Revenue | −$510M | 33.0% |
| Gross Profit | $1.0B | 67.0% |
| Research & Development | −$567M | 36.7% |
| Selling, General & Administrative | −$732M | 47.3% |
| Operating Income | −$263M | -17.0% |
| Interest Expense | −$2M | 0.1% |
| Other Income, net | $77M | 5.0% |
| Income Tax Expense | −$3M | 0.2% |
| Net Income | −$192M | -12.4% |
Source: original SEC filing (filed 2026-09-02). Accession 0001640147-26-000033. Data normalized by EarningsFyi.