Snowflake Inc.

SNOW Technology Software Application

Snowflake Inc.’s revenue for fiscal 2026 (year ended January 2026) was $4.7 billion, up 29.2% from fiscal 2025. In the quarter to July 2026, revenue grew 35.1%, EPS grew 38.2%, free cash flow grew 47.2% and total debt was flat, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five.

306.20 24.07 −7.29%
Market cap
$116.5B
P/E
0.0×
Fwd P/E
−128×
Dividend yield
—
F-score
6/9
Altman Z
4.13
Beneish M
−3.50
Dividend safety
n/a

Insider Decisions trades per month

Total sells 1,302.74
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 3 15 3 3 9 2 7 13 11 6 14 5
Insider Ownership 2.01%

Capital & Financial Ratios $m

Market Cap 116,520.00
Revenue 5,434.65
Net Income (1,088.44)
Free Cash Flow 1,192.17
Net Debt (60.71)
Current Ratio 0.94 (below 1: weak)
Debt/Equity 1.06
P/E ratio 0.00
Fwd P/E (128.00) (negative: loss-making)
P/S ratio 19.68 (above 10: high)
P/B ratio 49.75 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 77.39% (at or above 15%: strong)
Next Y EPS Growth 36.38% (at or above 15%: strong)
Next Y revenue growth 34.93% (at or above 10%: strong)
Next 5Y EPS Growth 50.36% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 38.91%
10-year low 10-year high
P/B against its own 10 years 95.68%
10-year low 10-year high
EV/Sales against its own 10 years 43.69%
10-year low 10-year high
EV/FCF against its own 10 years 50.44%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 3,846 4,638 4,030 2,345
Receivables 927 923 1,304 718
Inventory — — — —
Other — — — —
5,039 5,869 5,743 3,494
2024 2025 2026 Q'26
Payables 52 170 146 185
ST’ Debt — — — —
Other — — — —
2,731 3,301 4,422 3,722

Compound Annual Growth %

10y 5y 3y
Sales — 51.23% 31.38%
Cash Flow — 0.00% 30.83%
Earnings — 0.00% 0.00%
Book Value — (17.17%) (29.40%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Apr Jul Oct Jan Year
’26 (0.86) (0.55) — — —
’26 (1.29) (0.89) (0.87) (0.90) (3.95)
’25 (0.95) (0.95) (0.98) (0.99) (3.86)
’24 (0.70) (0.69) (0.65) (0.51) (2.55)
’23 (0.53) (0.70) (0.63) (0.64) (2.50)
’22 (0.70) (0.64) (0.51) (0.43) (2.26)
’21 (1.72) (1.31) (1.01) (0.70) (3.81)
Fiscal quarters ending in the months shown.

Revenue $m

Apr Jul Oct Jan Year
’26 1,391 1,547 — — —
’26 1,042 1,145 1,213 1,284 4,684
’25 829 869 942 987 3,626
’24 624 674 734 775 2,806
’23 422 497 557 589 2,066
’22 229 272 334 384 1,219
’21 109 133 160 190 592
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Apr Jul Oct Jan Year
’26 243 91 — — —
’26 228 75 138 781 1,222
’25 355 70 102 433 960
’24 299 83 121 345 848
’23 185 64 79 217 546
’22 22 (6) 16 79 110
’21 (7) (39) (20) 20 (45)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Apr Jul Oct Jan Year
’26 233 84 — — —
’26 183 57 114 763 1,117
’25 332 59 78 415 884
’24 283 42 101 324 750
’23 172 53 65 205 496
’22 2 (13) 9 58 57
’21 (17) (45) (38) 5 (94)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to January

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Price, $
Price, $ Low — — — 208.55 184.71 110.27 119.27 107.13 120.10 118.30 (9.0%) ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
High — — — 429.00 405.00 344.00 202.83 237.72 280.67 384.56 (1.8%) ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
People
People Employees — — — 2,037 2,495 3,992 5,884 7,004 7,834 9,060 +28.2% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Revenue/emp, $m — — 0.00 0.13 0.24 0.31 0.35 0.40 0.46 0.52 n/m ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Income, $m
Income, $m Revenue — — 97 265 592 1,219 2,066 2,806 3,626 4,684 +74.1% 6,320 8,120 10,412 +30.5%
Gross margin, % — — 46.46 55.97 59.03 62.40 65.26 67.98 66.50 67.17 +20.7 pt
EBT — — (177) (348) (537) (677) (816) (849) (1,285) (1,312) +33.1%
EBT margin, % — — (183.32) (131.27) (90.71) (55.52) (39.50) (30.26) (35.44) (28.01) +155.3 pt
Net income — 0 (178) (349) (539) (680) (798) (838) (1,289) (1,329) n/m
Depreciation — — 2 15 47 107 124 133 235 347 +108.5%
Per share, $
Per share, $ Revenue — — 2.53 5.90 4.18 4.06 6.48 8.56 10.90 13.88 +27.5%
Earnings — — (4.67) (7.77) (3.81) (2.26) (2.50) (2.55) (3.86) (3.95) (2.3%)
Cash flow — — (3.77) (3.94) (0.32) 0.37 1.71 2.59 2.88 3.62 n/m
Capex — — (0.11) (0.51) (0.34) (0.18) (0.16) (0.30) (0.23) (0.31) +16.7%
Free cash flow — — (3.88) (4.45) (0.66) 0.19 1.56 2.29 2.66 3.31 n/m
Book value — — 0.00 (12.15) 34.86 16.81 17.16 15.82 9.04 5.70 n/m
Shares, m — — 38 45 142 300 319 328 333 337 +36.5%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — 0.00 0.00 135.33 67.94 24.14 22.86 16.65 13.74 35.1
P/B — — 0.00 0.00 16.23 16.41 9.12 12.36 20.09 33.45 13.5
EV/Sales — — 0.00 0.00 129.04 64.93 22.31 21.58 16.00 13.37 33.4
EV/FCF — — (36.33) (36.33) (811.71) 1,392.64 92.94 80.75 65.73 56.04 100.5
Cash, $m
Cash, $m Operating cash flow — — (144) (177) (45) 110 546 848 960 1,222 n/m
Capex — — (4) (23) (49) (53) (50) (98) (76) (105) +59.3%
Free cash flow — — (148) (199) (94) 57 496 750 884 1,117 n/m
Balance, $m
Balance, $m Working capital — — 542 249 3,511 3,202 2,991 2,308 2,568 1,321 +13.6%
Total debt — — 13 193 185 181 224 — 2,272 2,280 +109.2%
Net debt — — (602) (241) (3,723) (3,671) (3,784) (3,846) (2,366) (1,750) +16.5%
Shareholders’ equity — — — (545) 4,936 5,049 5,469 5,191 3,007 1,924 n/m
Returns, %
Returns, % ROA — — 0.00 (68.83) (15.55) (10.82) (11.09) (10.49) (14.90) (14.66) (14.7) pt
ROIC — — 0.00 0.00 (28.02) (32.43) (31.25) (50.90) (142.08) (514.79) (514.8) pt
ROE — — 41.55 81.36 (24.55) (13.62) (15.15) (15.69) (31.37) (54.01) (95.6) pt
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Snowflake Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CRM Salesforce, Inc. $190.0B 20.8× 23.8× +10.83% (above 0%: growing) +118.27% (above 0%: growing) +81.49% (above 0%: growing) 76.65% 20.55% Compare
UBER Uber Technologies, Inc. $134.3B 14.1× 21.0× +12.17% (above 0%: growing) +81.54% (above 0%: growing) +12.81% (above 0%: growing) 44.93% 13.32% Compare
SNOW Snowflake Inc. $116.5B — (loss-making) — (loss-making) +35.09% (above 0%: growing) n/m +47.23% (above 0%: growing) 67.02% (17.00%)
NOW ServiceNow, Inc. $113.8B 65.1× 101× +24.01% (above 0%: growing) −22.04% (below 0%: shrinking) −10.08% (below 0%: shrinking) 70.68% 4.06% Compare
ADP Automatic Data Processing, Inc. $113.4B 26.8× 24.9× +6.77% (above 0%: growing) +9.37% (above 0%: growing) −5.49% (below 0%: shrinking) 45.88% 23.00% Compare
ADBE Adobe Inc. $96.6B 14.0× 14.5× +12.89% (above 0%: growing) +10.77% (above 0%: growing) +14.68% (above 0%: growing) 88.71% 34.82% Compare
DDOG Datadog, Inc. $95.5B 461× 486× +35.64% (above 0%: growing) +1,610.53% (above 0%: growing) +68.55% (above 0%: growing) 78.59% 0.49% Compare
CDNS Cadence Design Systems, Inc. $94.0B 64.9× 65.8× +24.23% (above 0%: growing) +127.12% (above 0%: growing) +72.50% (above 0%: growing) 84.90% 28.42% Compare
INTU Intuit Inc. $88.5B 20.7× 16.9× +13.65% (above 0%: growing) −1.47% (below 0%: shrinking) +253.37% (above 0%: growing) 78.11% 10.91% Compare
Median of peers $105.0B 23.8× 24.4× +13.27% +46.16% +41.62% 77.38% 16.94%

All 230 Software Application stocks →

Business profile

Updated

Snowflake sells a cloud-based platform that helps organizations bring data together, analyze it, build applications and use artificial intelligence. Its customers range from small organizations to large enterprises across industries. Sridhar Ramaswamy is chief executive officer.

The platform powers what Snowflake calls the AI Data Cloud: a network connecting customers, partners, developers, data providers and data consumers. Users can share data within their organizations or with outside parties, generally without copying or moving the underlying data. The Snowflake Marketplace lets customers access third-party data and applications and offer their own data products.

Analyst rating changes each firm’s latest, last six months

Firm Date Action Rating Target
Truist Financial Oct 27, 2026 Reiterated Buy 425.00
JPMorgan Oct 27, 2026 Reiterated Buy —
Truist Oct 17, 2026 Reiterated Buy 425.00
Needham Oct 17, 2026 Reiterated Buy 450.00
Phillip Securities Oct 17, 2026 Downgrade Buy 423.00
Cantor Fitzgerald Oct 8, 2026 Target raised Outperform 405.00 → 430.00
Stifel Oct 8, 2026 Target raised Buy 350.00 → 450.00
Citi Oct 8, 2026 Target raised Buy 395.00 → 490.00
Morgan Stanley Oct 2, 2026 Reiterated Buy 470.00
Philip Securities Oct 2, 2026 Initiated Buy —

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 79.39%
Held by the ten largest 34.46%
Holder Shares Stake Change
BlackRock 31.41m 9.06% +3.44m
Vanguard 31.17m 8.99% +469.33k
JPMorgan Chase 9.22m 2.66% −1.97m
State Street 7.96m 2.30% +295.31k
Fidelity (FMR) 7.65m 2.21% −3.09m
T. Rowe Price 7.20m 2.08% +5.74m
Geode Capital Management 6.42m 1.85% +1.61m
Jennison Associates 6.34m 1.83% −823.62k
UBS 6.14m 1.77% +69.06k
Franklin Templeton 5.94m 1.71% +2.07m
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 18 May 2026

Ownership

Directors and executive officers, together 4.80%
Vanguard Capital Management 5.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Snowflake Inc. (SNOW) Latest News

stockrow.com/SNOW · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com