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Snowflake Inc. (SNOW) Financials

SNOW
Trailing 12 months to July 31, 2026
Revenue $5.4B +32.0% YoY
Net Income -$1.1B +21.3% YoY
EPS (Diluted) -$3.19 +22.9% YoY
Free Cash Flow $1.2B +59.1% YoY
Market Cap $117.4B as of Oct 7, 2026
Price / Sales 21.6x on $5.4B revenue, trailing 12 months to July 31, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to July 31, 2026
Price / Book 54.6x on $2.1B equity, Q2 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2027, ended Jul 31, 2026 Reported Currency USD FYE January

Newest figures come from the 10-Q for Q2 FY2027, filed Sep 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SNOW SEC filings page.

Snowflake Inc. (SNOW) reported $5.4B in revenue over the twelve months to Jul 31, 2026, up 32.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SNOW FY2026

Snowflake’s growth is producing cash, but persistent operating losses and a thinner balance-sheet cushion absorb much of that progress.

In FY2026, operating cash flow of $1.2B converted almost entirely into free cash flow of $1.1B. That cash generation coexisted with a negative operating margin of -30.6%, indicating non-cash charges and working-capital effects—not operating profit—are currently supporting reinvestment capacity.

The business expanded to $4.7B of revenue in FY2026 while gross margin stayed at 67.2%, so the main constraint is below gross profit rather than the cost of delivering sales. Operating margin improved from -40.2% to -30.6%, indicating better absorption below gross profit; heavy ongoing investment still leaves the company loss-making.

Liabilities climbed to $7.2B while equity fell to $1.9B by FY2026, making the financing structure more liability-dependent. Debt-to-equity reached 3.7x and current ratio fell to 1.3x, so cash generation is occurring alongside a much narrower short-term cushion.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 47 / 100
Financial Health Score 47/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Snowflake Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
28

Snowflake Inc. has an operating margin of -30.6%, meaning the company loses $31 on every $100 of revenue. This results in a profitability score of 28/100. This is up from -40.2% the prior year.

Growth
89

Snowflake Inc.'s revenue surged 29.2% year-over-year to $4.7B, reflecting rapid business expansion. This strong growth earns a score of 89/100.

Leverage
16

Snowflake Inc. has elevated debt relative to equity (D/E of 3.75), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 16/100, reflecting increased financial risk.

Liquidity
33

Snowflake Inc.'s current ratio of 1.30 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
91

Snowflake Inc. converts 23.9% of revenue into free cash flow ($1.1B). This strong cash generation earns a score of 91/100.

Returns
27

Snowflake Inc. posts a -69.1% return on equity (ROE), meaning it loses $69 for every $100 of shareholders' equity. This results in a returns score of 27/100. This is down from -43.0% the prior year.

Altman Z-Score Safe
8.49

Snowflake Inc. scores 8.49, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($117.4B) relative to total liabilities ($7.2B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
4/8

Snowflake Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed
N/A

Snowflake Inc. reported a net loss of $1.3B while generating $1.2B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

Snowflake Inc. reported an operating loss of $1.4B against $8.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.5B
YoY+35.1%
QoQ+11.2%
5Y CAGR+41.5%

Snowflake Inc. generated $1.5B in revenue in Q2 2027. This represents an increase of 35.1% from the same quarter a year earlier. Against the prior quarter it is up 11.2%.

EBITDA
-$194.4M
YoY+31.9%
QoQ+24.8%

Snowflake Inc.'s EBITDA was -$194.4M in Q2 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 31.9% from the same quarter a year earlier. Against the prior quarter it is up 24.8%.

Net Income
-$191.7M
YoY+35.7%
QoQ+35.1%

Snowflake Inc. reported -$191.7M in net income in Q2 2027. This represents an increase of 35.7% from the same quarter a year earlier. Against the prior quarter it is up 35.1%.

EPS (Diluted)
-$0.55
YoY+38.2%
QoQ+36.0%

Snowflake Inc. earned -$0.55 per diluted share (EPS) in Q2 2027. This represents an increase of 38.2% from the same quarter a year earlier. Against the prior quarter it is up 36.0%.

Cash & Balance Sheet

Free Cash Flow
$83.8M
YoY+43.9%
QoQ-64.0%

Snowflake Inc. generated $83.8M in free cash flow in Q2 2027, representing cash available after capex. This represents an increase of 43.9% from the same quarter a year earlier. Against the prior quarter it is down 64.0%.

Cash & Debt
$1.7B
YoY-9.2%
QoQ-18.1%
5Y CAGR+19.6%

Snowflake Inc. held $1.7B in cash as of Q2 2027; long-term debt is not reported for that period.

Shares Outstanding
353M
YoY+4.1%
QoQ+1.8%
5Y CAGR+3.2%

Snowflake Inc. had 353M shares outstanding in Q2 2027. This represents an increase of 4.1% from the same quarter a year earlier. Against the prior quarter it is up 1.8%.

Dividends Per Share

Not reported for Q2 2027.

Margins & Returns

Gross Margin
67.0%
YoY-0.5pp
QoQ+0.4pp
5Y change+6.0pp

Snowflake Inc.'s gross margin was 67.0% in Q2 2027, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Operating Margin
-17.0%
YoY+12.7pp
QoQ+6.4pp
5Y change+56.5pp

Snowflake Inc.'s operating margin was -17.0% in Q2 2027, reflecting core business profitability. This is up 12.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.4 percentage points.

Net Margin
-12.4%
YoY+13.6pp
QoQ+8.9pp
5Y change+57.3pp

Snowflake Inc.'s net profit margin was -12.4% in Q2 2027, showing the share of revenue converted to profit. This is up 13.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.9 percentage points.

Return on Equity
-8.9%
YoY+3.6pp
QoQ+6.3pp
5Y change-5.1pp

Snowflake Inc.'s ROE was -8.9% in Q2 2027, measuring profit generated per dollar of shareholder equity. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.3 percentage points.

Capital Allocation

R&D Spending
$567.5M
YoY+15.3%
QoQ+6.1%
5Y CAGR+36.9%

Snowflake Inc. invested $567.5M in research and development in Q2 2027. This represents an increase of 15.3% from the same quarter a year earlier. Against the prior quarter it is up 6.1%.

Share Buybacks
$0
QoQ-100.0%

Snowflake Inc. repurchased no shares in Q2 2027. Against the prior quarter it is down 100.0%.

Capital Expenditures
$7.6M
YoY-54.7%
QoQ-27.7%
5Y CAGR+16.7%

Snowflake Inc. invested $7.6M in capex in Q2 2027, funding long-term assets and infrastructure. This represents a decrease of 54.7% from the same quarter a year earlier. Against the prior quarter it is down 27.7%.

SNOW Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNOW quarterly income statement
MetricQ2'2710-QQ1'2710-QQ4'2610-QQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-Q
Revenue$1.5B+35.1%$1.4B+33.5%$1.3B+30.1%$1.2B+28.7%$1.1B+31.8%$1.0B+25.7%$986.8M+27.4%$942.1M+28.3%
Cost of Revenue$510.1M+37.2%$464.5M+33.2%$426.3M+28.0%$390.9M+21.8%$371.8M+29.1%$348.8M+28.0%$333.2M+37.8%$320.9M+40.2%
Gross Profit$1.0B+34.1%$926.5M+33.6%$857.7M+31.2%$822.0M+32.3%$773.2M+33.1%$693.3M+24.6%$653.6M+22.6%$621.2M+23.0%
R&D Expenses$567.5M+15.3%$534.9M+13.2%$511.0M+3.8%$494.0M+11.7%$492.0M+12.4%$472.4M+15.0%$492.5M+35.1%$442.4M+33.2%
SG&A Expenses$120.6M+0.9%$128.7M-38.6%$113.5M-1.4%$107.1M+0.8%$119.5M+22.2%$209.6M+125.0%$115.1M+40.2%$106.3M+35.0%
Operating Income-$263.0M+22.7%-$326.2M+27.1%-$318.2M+17.7%-$329.5M+9.8%-$340.3M+4.2%-$447.3M-28.3%-$386.7M-40.4%-$365.5M-40.2%
EBITDA-$194.4M+31.9%-$258.5M+35.1%-$259.3M+23.0%-$271.5M+14.7%-$285.5M+8.0%-$398.5M-29.2%-$336.6M-39.9%-$318.4M-39.6%
Interest Expense$2.1M+0.3%$2.1M+0.4%$2.1M+0.4%$2.1M+201.2%$2.1M$2.1M$2.1M$689K
Income Tax$3.4M+5432.3%-$1.1M-119.0%$7.7M+276.7%$3.7M+90.1%$62K-98.4%$5.7M+110.5%-$4.3M-0.7%$1.9M-42.9%
Net Income-$191.7M+35.7%-$295.6M+31.3%-$307.0M+7.3%-$294.0M+9.4%-$298.0M+6.0%-$430.1M-35.7%-$331.0M-93.3%-$324.3M-51.4%
EPS (Basic)-$0.55+38.2%-$0.86+33.3%-$0.91+7.1%-$0.87+11.2%-$0.89+6.3%-$1.29-35.8%-$0.98-92.2%-$0.98-50.8%
EPS (Diluted)-$0.55+38.2%-$0.86+33.3%-$0.91+7.1%-$0.87+11.2%-$0.89+6.3%-$1.29-35.8%-$0.98-92.2%-$0.98-50.8%
Diluted Shares (Avg)349M+4.2%345M+3.8%N/A340M+2.4%335M+0.3%333MN/A332M+0.7%

SNOW Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNOW quarterly balance sheet
MetricQ2'2710-QQ1'2710-QQ4'2610-QQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-Q
Total Assets$8.7B+6.0%$8.6B+4.9%$9.1B+1.1%$8.2B+0.3%$8.2B+18.0%$8.2B+11.8%$9.0B+9.9%$8.2B+12.9%
Current Assets$3.5B-24.0%$4.0B-16.9%$5.7B-2.2%$4.6B-7.2%$4.6B+17.9%$4.8B+15.5%$5.9B+16.5%$5.0B+15.6%
Cash & Equivalents$1.7B-9.2%$2.1B-7.1%$2.8B+7.6%$1.9B-9.6%$1.9B+46.7%$2.2B+68.6%$2.6B+49.1%$2.1B+118.8%
Short-Term Investments$637.5M-62.6%$870.3M-47.8%$1.2B-40.2%$1.4B-29.7%$1.7B-12.4%$1.7B-24.2%$2.0B-3.6%$2.0B-21.8%
Accounts Receivable$718.5M+11.1%$579.7M+9.3%$1.3B+41.3%$938.1M+57.3%$646.7M+49.8%$530.5M+53.5%$922.8M-0.4%$596.4M+16.7%
Long-Term Investments$2.0B+95.9%$1.4B+49.8%$755.0M+15.0%$1.0B+16.7%$1.0B+45.2%$956.1M+3.0%$656.5M-28.4%$892.8M-5.8%
Goodwill$1.6B+39.5%$1.5B+45.5%$1.2B+13.0%$1.2B+18.6%$1.2B+19.4%$1.1B+8.3%$1.1B+8.3%$990.7M+26.3%
Total Liabilities$6.5B+12.4%$6.6B+15.2%$7.2B+19.6%$6.1B+15.7%$5.8B+107.3%$5.7B+110.3%$6.0B+98.7%$5.3B+126.7%
Current Liabilities$3.7B+20.2%$3.8B+24.6%$4.4B+33.9%$3.4B+27.8%$3.1B+25.6%$3.0B+24.8%$3.3B+20.9%$2.6B+30.2%
Non-Current Liabilities$2.8B+3.6%$2.8B+4.6%$2.8B+2.2%$2.7B+3.6%$2.7B+696.5%$2.7B+799.5%$2.7B+804.0%$2.6B+800.7%
Total Equity$2.1B-9.4%$1.9B-19.4%$1.9B-35.9%$2.1B-27.2%$2.4B-42.5%$2.4B-47.2%$3.0B-42.1%$2.9B-40.6%
Retained Earnings-$10.3B-20.8%-$10.1B-22.8%-$9.5B-30.2%-$9.0B-29.6%-$8.5B-51.3%-$8.2B-67.3%-$7.3B-79.0%-$7.0B-78.4%

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

SNOW Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNOW quarterly cash flow statement
MetricQ2'2710-QQ1'2710-QQ4'2610-QQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-Q
Operating Cash Flow$91.4M+22.0%$243.2M+6.5%$781.2M+80.5%$137.5M+35.2%$74.9M+7.2%$228.4M-35.8%$432.7M+25.6%$101.7M-15.9%
Depreciation & Amortization$68.6M+25.2%$67.6M+38.5%$58.9M+17.5%$58.0M+23.1%$54.8M+21.5%$48.8M+21.3%$50.1M+43.3%$47.1M+44.9%
Stock-Based CompensationN/A$402.5M+6.1%N/A$412.3M+13.5%$404.2M+13.5%$379.5M+14.3%N/A$363.3M+21.8%
Capital Expenditures$7.6M-54.7%$10.5M-76.8%$16.1M+42.5%$23.9M+77.9%$16.7M+230.5%$45.0M+172.3%$11.3M-13.7%$13.4M+53.7%
Free Cash Flow$83.8M+43.9%$232.8M+26.9%$765.1M+81.5%$113.6M+28.7%$58.2M-10.2%$183.4M-45.9%$421.4M+27.1%$88.3M-21.3%
Investing Cash Flow-$349.4M-16.8%-$604.5M-979.8%$419.2M+86.4%$248.2M+192.9%-$299.3M-177.9%-$56.0M+63.0%$224.9M-57.0%-$267.1M-146.8%
Financing Cash Flow-$117.1M+12.7%-$371.5M+34.1%-$325.3M-170.8%-$362.0M-135.6%-$134.0M+72.7%-$564.1M+11.0%-$120.1M-35.5%$1.0B+321.4%
Share Buybacks$0$300.0M-38.9%$150.0M$232.9M-77.1%$0-100.0%$490.6M-5.0%$0$1.0B+154.0%

Not reported in any period shown, so not listed: Dividends Paid.

SNOW Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNOW quarterly financial ratios
MetricQ2'2710-QQ1'2710-QQ4'2610-QQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-Q
Gross Margin67.0%-0.5pp66.6%+0.1pp66.8%+0.6pp67.8%+1.8pp67.5%+0.7pp66.5%-0.6pp66.2%-2.6pp65.9%-2.9pp
Operating Margin-17.0%+12.7pp-23.4%+19.5pp-24.8%+14.4pp-27.2%+11.6pp-29.7%+11.2pp-42.9%-0.9pp-39.2%-3.6pp-38.8%-3.3pp
Net Margin-12.4%+13.6pp-21.3%+20.0pp-23.9%+9.6pp-24.2%+10.2pp-26.0%+10.4pp-41.3%-3.0pp-33.6%-11.5pp-34.4%-5.2pp
Return on Equity-8.9%+3.6pp-15.2%+2.6pp-16.0%-4.9pp-13.8%-2.7pp-12.6%-4.9pp-17.9%-10.9pp-11.0%-7.7pp-11.1%-6.7pp
Return on Assets-2.2%+1.4pp-3.5%+1.8pp-3.4%+0.3pp-3.6%+0.4pp-3.6%+0.9pp-5.3%-0.9pp-3.7%-1.6pp-4.0%-1.0pp
Current Ratio0.94-0.5x1.05-0.5x1.30-0.5x1.37-0.5x1.48-0.1x1.58-0.1x1.78-0.1x1.88-0.2x
Debt-to-Equity3.04+0.6x3.41+1.0x3.75+1.7x2.86+1.1x2.45+1.8x2.38+1.8x2.01+1.4x1.80+1.3x
Asset Turnover0.180.0x0.160.0x0.140.0x0.150.0x0.140.0x0.130.0x0.110.0x0.110.0x
FCF Margin5.4%+0.3pp16.7%-0.9pp59.6%+16.9pp9.4%0.0pp5.1%-2.4pp17.6%-23.3pp42.7%-0.1pp9.4%-5.9pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Snowflake Inc. SNOW FY2026 $4.7B -$1.3B -28.4% $117.4B 47/100
Autodesk Inc ADSK FY2026 $7.2B $1.1B 15.6% $48.3B 72/100
Strategy Inc MSTR FY2025 $477.2M -$3.8B N/A $65.6B 40/100
Workday, Inc. WDAY FY2026 $9.6B $693.0M 7.3% $45.0B 53/100
Cadence Design Systems CDNS FY2025 $5.3B $1.1B 20.9% $99.0B 79/100
Datadog, Inc. DDOG FY2025 $3.4B $107.7M 3.1% $99.9B 63/100

Frequently Asked Questions

What is Snowflake Inc.'s annual revenue?

Snowflake Inc. (SNOW) reported $4.7B in total revenue for fiscal year 2026. This represents a 29.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Snowflake Inc.'s revenue growing?

Snowflake Inc. (SNOW) revenue grew by 29.2% year-over-year, from $3.6B to $4.7B in fiscal year 2026.

Is Snowflake Inc. profitable?

No, Snowflake Inc. (SNOW) reported a net income of -$1.3B in fiscal year 2026, with a net profit margin of -28.4%.

Snowflake Inc. (SNOW) reported diluted earnings per share of -$3.95 for fiscal year 2026. This represents a -2.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Snowflake Inc. (SNOW) had EBITDA of -$1.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

Snowflake Inc. (SNOW) had a gross margin of 67.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Snowflake Inc. (SNOW) had an operating margin of -30.6% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Snowflake Inc. (SNOW) had a net profit margin of -28.4% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Snowflake Inc. (SNOW) has a return on equity of -69.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Snowflake Inc. (SNOW) generated $1.1B in free cash flow during fiscal year 2026. This represents a 22.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Snowflake Inc. (SNOW) generated $1.2B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Snowflake Inc. (SNOW) had $9.1B in total assets as of fiscal year 2026, including both current and long-term assets.

Snowflake Inc. (SNOW) invested $101.6M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Snowflake Inc. (SNOW) invested $2.0B in research and development during fiscal year 2026.

Yes, Snowflake Inc. (SNOW) spent $873.5M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Snowflake Inc. (SNOW) had 346M shares outstanding as of fiscal year 2026.

Snowflake Inc. (SNOW) had a current ratio of 1.30 as of fiscal year 2026, which is considered adequate.

Snowflake Inc. (SNOW) had a debt-to-equity ratio of 3.75 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Snowflake Inc. (SNOW) had a return on assets of -14.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Snowflake Inc. (SNOW) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to July 31, 2026). The market capitalization is $117.4B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Snowflake Inc. (SNOW) trades at 21.6x sales, its market capitalization divided by revenue of $5.4B revenue, trailing 12 months to July 31, 2026. The market capitalization is $117.4B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Snowflake Inc. (SNOW) has an Altman Z-Score of 8.49, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Snowflake Inc. (SNOW) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Snowflake Inc. (SNOW) reported a net loss of $1.3B while generating $1.2B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Snowflake Inc. (SNOW) reported an operating loss of $1.4B against $8.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Snowflake Inc. (SNOW) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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