How does Snowflake (SNOW) make money?

Snowflake (SNOW) generates revenue primarily from Product, which accounted for 95.6% of total revenue in TTM through Q2 2026. The company reported $5.03B in revenue and converted -23.8% of it into net profit, equivalent to roughly -$1.2B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Snowflake (SNOW)?

Snowflake (SNOW) reported a gross profit margin of 67.1% in TTM through Q2 2026, equivalent to $3.38B in gross profit on $5.03B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Snowflake (SNOW)?

Snowflake (SNOW) reported an operating profit margin of -26.1% in TTM through Q2 2026, equivalent to -$1.31B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Snowflake (SNOW)?

Snowflake (SNOW) reported a net profit margin of -23.8% in TTM through Q2 2026, equivalent to -$1.2B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Snowflake (SNOW) profitable?

Snowflake (SNOW) reported a net loss of $1.2B for TTM through Q2 2026, a net profit margin of -23.8%. Combined operating expenses, interest, and income taxes exceeded revenue, so the period closed in the red on a reported basis.

How much does Snowflake (SNOW) invest in research and development?

Snowflake (SNOW) invested $2.03B in research and development during TTM through Q2 2026, roughly 40.4% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Snowflake (SNOW) spend on capital expenditures?

Snowflake (SNOW) spent $67.1M on capital expenditures (CapEx) during TTM through Q2 2026, roughly 1.3% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Snowflake (SNOW) generate?

Snowflake (SNOW) generated $1.17B in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 23.2%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What are the main business segments of Snowflake (SNOW)?

Snowflake (SNOW) reports revenue across 2 reportable product segments, led by Product at 95.6% of total revenue in TTM through Q2 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Snowflake (SNOW) generate most of its revenue?

UNITED STATES is the largest geographic market for Snowflake (SNOW), accounting for 77.8% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Snowflake Makes Money: 2026 Visual Revenue Map

Snowflake (SNOW) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending April 30, 2026 (reported May 29, 2026).

Snowflake (SNOW) Revenue by Product Segment — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Snowflake (SNOW), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Product	$4.81B	95.6%
Professional Services And Other	$223M	4.4%
Total	$5.03B	100%

Product$4.81B
Professional Services And Other$223M
Total$5.03B

Snowflake (SNOW) Revenue by Geography — TTM through Q2 2027

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Snowflake (SNOW), TTM through Q2 2027
Region	Revenue (USD)	% of total
UNITED STATES	$3.91B	77.8%
EMEA	$825M	16.4%
Asia-Pacific and Japan	$293M	5.8%
Total	$5.03B	100%

UNITED STATES
EMEA
Asia-Pacific and Japan
Total

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, Snowflake (SNOW) reports revenue across 2 reportable product segments; the largest segment was Product at 95.6%, followed by Professional Services And Other (4.4%). Geographically, UNITED STATES accounted for 77.8% of revenue, followed by EMEA (16.4%) and Asia-Pacific and Japan (5.8%).

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