Filing Flows › Snowflake (SNOW) › Q1 FY27 › vs Q4 FY26
Snowflake (SNOW) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Snowflake's revenue rose $107M (+8%) from $1.3B in Q4 FY26 to $1.4B in Q1 FY27. The biggest changes: Product revenue +$108M (+9%); Professional services and other revenue −$741K (-1%).
Snowflake, Q1 FY27: revenue $1.4B (+34% year over year), operating margin -23.4%, net loss $296M, operating cash flow $243M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 16.7% | 59.6% | -42.9 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Product revenue | $1.3B | $1.2B | $108M | +9% |
| Professional services and other revenue | $56.6M | $57.4M | −$741K | -1% |
| Revenue | $1.4B | $1.3B | $107M | +8% |
| Other income, net | $29.5M | $16.3M | $13.2M | +81% |
| Income tax benefit | $1.1M | −$7.7M | $8.7M | — |
| Net loss | $296M | $310M | −$14.0M | -5% |
| Costs & expenses | $1.7B | $1.6B | $107M | +7% |
| Operating costs | $1.7B | $1.6B | $115M | +7% |
| Cost of revenue | $464M | $426M | $38.2M | +9% |
| Research & development | $535M | $511M | $23.9M | +5% |
| Sales & marketing | $589M | $551M | $37.7M | +7% |
| General & admin | $129M | $114M | $15.2M | +13% |
| Operating cash sources | $539M | $1.1B | −$552M | -51% |
| Depreciation & amortization | $67.6M | $58.9M | $8.7M | +15% |
| Share-based compensation | $402M | $404M | −$1.1M | -0.3% |
| Working capital & other | $68.7M | $628M | −$559M | -89% |
| Net loss absorbed | $296M | $310M | −$14.0M | -5% |
| Operating cash flow | $243M | $781M | −$538M | -69% |
| Free cash flow (OCF − capex) | $233M | $765M | −$532M | -70% |
| Capital expenditures | $10.5M | $16.1M | −$5.6M | -35% |
Questions
How much did Snowflake's revenue grow quarter over quarter in Q1 FY27?
Snowflake's revenue rose $107M (+8%) from $1.3B in Q4 FY26 to $1.4B in Q1 FY27.
What drove Snowflake's revenue change in Q1 FY27?
Product revenue +$108M (+9%); Professional services and other revenue −$741K (-1%).