Filing Flows › Snowflake (SNOW) › Q4 FY26
Snowflake (SNOW) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 20, 2026
Snowflake (SNOW) reported revenue of $1.3B for the fourth quarter fiscal 2026 (Q4 FY26), +30% from a year earlier and +6% from the quarter before. Operating margin was -24.8%, net loss $310M (24.1% of revenue).
Snowflake, Q4 FY26: revenue $1.3B (+30% year over year), operating margin -24.8%, net loss $310M, operating cash flow $781M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +6% | +30% |
| Operating profit | −$318M | — | — |
| Net earnings | −$310M | — | — |
| Operating cash flow | $781M | +468% | +81% |
| Free cash flow | $765M | +573% | +82% |
What changed
Revenue was $1.3B in Q4 FY26, up 30% year over year and up 6% from the previous quarter. Product revenue was the largest line at 96% of revenue.
Gross margin was 66.8%, up 0.6 points from Q4 FY25. Operating costs exceeded revenue by $0.32B, an operating margin of -24.8%. Operating expenses grew 13% against revenue growth of 30%. The fastest-growing cost line was Sales & marketing (+27%). The quarter ended with a net loss of $0.31B, wider than the previous quarter's $0.29B loss.
Operating cash flow was $0.78B (up 81% year over year). Non-cash charges added back $0.06B of depreciation and amortization and $0.40B of share-based compensation. Working capital and other items added $0.63B. Capital expenditures of $0.02B left free cash flow of $0.77B.
Questions
What was Snowflake's revenue in the fourth quarter fiscal 2026?
Snowflake (SNOW) reported revenue of $1.3B for the fourth quarter fiscal 2026 (Q4 FY26), +30% from a year earlier and +6% from the quarter before.
Was Snowflake profitable in the fourth quarter fiscal 2026?
Operating loss was $318M (-24.8% of revenue) and net loss $310M.
Source: Snowflake 10-K on SEC EDGAR.