TTM
-26.1%
YoY change
+9.51pp
Trough year (2019)
-191.9%
Peak year (2026)
-30.6%
Latest annual
-30.6%
Operating Margin history chart for Snowflake (SNOW) from 2019 to 2026
Latest: -30.6%
Operating Margin change chart for Snowflake (SNOW) from 2019 to 2026
Latest: +9.51pp
Operating Margin history table for Snowflake (SNOW) from 2019 to 2026
| 2026 | -30.6% | +9.51pp | ||
| 2025 | -40.2% | -1.14pp | ||
| 2024 | -39.0% | +1.77pp | ||
| 2023 | -40.8% | +17.87pp | ||
| 2022 | -58.6% | +33.23pp | ||
| 2021 | -91.9% | +43.38pp | ||
| 2020 | -135.3% | +56.61pp | ||
| 2019 | -191.9% | — |
- 2026-30.6%+9.51pp
- 2025-40.2%-1.14pp
- 2024-39.0%+1.77pp
- 2023-40.8%+17.87pp
- 2022-58.6%+33.23pp
- 2021-91.9%+43.38pp
- 2020-135.3%+56.61pp
- 2019-191.9%—
Operating Margin values are taken from Snowflake's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Snowflake (SNOW)
According to Snowflake's latest reported financial statements, the company's latest reported operating margin is -26.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2026 fiscal year, Snowflake (SNOW) reported operating margin of -30.64% – expanded 9.5 percentage points year-over-year.
-30.64% stands as the all-time-high annual operating margin, posted in 2026, against a low of -191.86% during 2019.
Snowflake Operating Margin by Year
Snowflake Operating Margin 2026: -30.6%
Snowflake posted operating margin of -30.64% in 2026, expanded 9.5 percentage points from 2025. This figure represents the highest annual value in the available history.
Snowflake Operating Margin 2025: -40.2%
In 2025, Snowflake reported operating margin of -40.15%, contracted 1.1 percentage points from 2024.
Snowflake Operating Margin 2024: -39.0%
Snowflake operating margin in 2024 was -39.01%, expanded 1.8 percentage points from 2023.
Snowflake Operating Margin 2023: -40.8%
2023's operating margin for Snowflake came in at -40.77%, expanded 17.9 percentage points from 2022.
Snowflake Operating Margin 2022: -58.6%
Snowflake operating margin in 2022 was -58.64%.
See more financial history for Snowflake (SNOW).
Sector peers by Operating Margin
Technology peers of Snowflake (SNOW), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
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