"We are innovating better than ever and firing on all cylinders and we have an enormous opportunity ahead of us." - Sridhar Ramaswamy
— Sridhar Ramaswamy
03Detailed Report
SNOW
Snowflake Inc
Period
Q4 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 30, 2026
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Executive Summary
Snowflake Inc delivered impressive financial results for the fourth quarter of fiscal year 2025, reporting revenues of $986.77 million, a significant 28% increase year-over-year. The company emphasized its operational efficiencies and strong customer base, seeing product revenue grow by 30% year-over-year, backed by a net revenue retention rate of 126%. Despite a reported net loss of $327.47 million, management remains optimistic about future growth potentials, driven by strategic innovations in AI and data sharing capabilities. CEO Sridhar Ramaswamy highlighted that Snowflake is positioned as a leading force in the data and AI industry, setting a robust foundation for its upcoming fiscal year 2026 guidance which expects product revenue of approximately $4.28 billion, growing 24% year-over-year.
Key Performance Indicators
Revenue
Increasing
986.77M
QoQ: 4.74% | YoY: 27.37%
Gross Profit
Increasing
653.59M
66.23% margin
QoQ: 3.93% | YoY: 22.65%
Operating Income
Decreasing
-386.68M
QoQ: -5.81% | YoY: -40.35%
Net Income
Decreasing
-327.47M
QoQ: -0.99% | YoY: -93.37%
EPS
Decreasing
-0.99
QoQ: -2.06% | YoY: -94.12%
Revenue Trend
Margin Analysis
Financial Highlights
Financial Overview:
- Revenue: $986.77 Million (up 28% YoY)
- Net Income: -$327.47 Million (Net Income Margin: -33%)
- EPS (Diluted): -$0.99
- Gross Profit: $653.59 Million (Gross Margin: 66.2%)
- Operating Income: -$386.68 Million (Operating Margin: -39.2%)
- Remaining Performance Obligations (RPO): $6.9 Billion (up 33% YoY)
Cash Flow and Balance Sheet:
- Net Cash from Operating Activities: $432.73 Million
- Cash and Cash Equivalents: $2.63 Billion
- Total Assets: $9.03 Billion
- Total Liabilities: $6.03 Billion
- Total Stockholders' Equity: $2.99 Billion
Ratios:
- Current Ratio: 1.78
- Quick Ratio: 1.78
- Net Revenue Retention Rate: 126%
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
986.77M
27.37%
4.74%
Gross Profit
653.59M
22.65%
3.93%
Operating Income
-386.68M
-40.35%
-5.81%
Net Income
-327.47M
-93.37%
-0.99%
EPS
-0.99
-94.12%
-2.06%
Key Financial Ratios
Gross Profit Margin
Excellent
66.20%
Gross profit margin is exceptional, indicating strong pricing power and operational efficiency
Operating Profit Margin
Weak
-0.39%
Operating margin is below industry norms, profitability concerns
Net Profit Margin
Weak
-0.33%
Net profit margin is below industry norms, profitability concerns
Return on Assets
Weak
-0.04%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
-0.11%
Return on equity suggests inefficient capital allocation
Current Ratio
Healthy
1.78
Current ratio shows adequate liquidity to meet short-term obligations