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Snowflake Inc. (SNOW) Fundamental Analysis & AI Grade 2026

SNOW NYSE Services-Prepackaged Software DE CIK: 0001640147
Recently Updated • Analysis: May 30, 2026 • SEC Data: 2026-04-30
Combined AI Grade
A
72% Confidence
N/A
A
72% Conf
Pending
Analysis scheduled

📊 SNOW Key Takeaways

Revenue: $1.4B
Net Margin: -21.2%
Free Cash Flow: $232.8M
Current Ratio: 1.05x
Debt/Equity: 0.00x
EPS: $-0.86
AI Grade: A with 72% confidence
Snowflake Inc. (SNOW) receives a A fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.4B, net profit margin of -21.2%, and return on equity (ROE) of -15.2%, Snowflake Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete SNOW stock analysis for 2026.

Is Snowflake Inc. (SNOW) a Good Investment?

Claude

Snowflake demonstrates strong fundamental execution with 29% revenue growth and 66% gross margins, generating substantial free cash flow of $232.8M despite net losses. The company is investing heavily in growth and R&D which explains current operating losses, but the underlying business shows healthy unit economics and robust cash generation. Strong balance sheet with $2.1B cash and zero debt provides runway to achieve operating profitability.

Snowflake Inc. Key Strengths (SNOW)

Claude
  • + Revenue growth of 29.2% YoY demonstrates strong market demand and execution
  • + Gross margin of 66.6% indicates excellent unit economics and pricing power typical of best-in-class SaaS
  • + Free cash flow of $232.8M (16.7% margin) is strongly positive despite net losses, showing underlying business strength
  • + Balance sheet is fortress-like with $2.1B cash, zero long-term debt, and debt/equity ratio of 0.0x
  • + Operating cash flow of $243.2M positive demonstrates cash generation before capital allocation

SNOW Stock Risks: Snowflake Inc. Investment Risks

Claude
  • ! Company is unprofitable at operating level (-23.4% margin) and net income level (-21.2% margin)
  • ! Negative ROE (-15.2%) and ROA (-3.5%) indicate capital is not yet generating returns for shareholders
  • ! Current ratio of 1.05x indicates tight working capital management with minimal liquidity cushion
  • ! High insider activity with 33 Form 4 filings in 90 days warrants monitoring for management confidence signals
  • ! Operating losses despite scale raise questions about path to profitability and operating leverage achievement

Key Metrics to Watch

Claude
  • * Operating margin trajectory - ability to achieve operating profitability while sustaining revenue growth
  • * Free cash flow sustainability - whether positive FCF can continue as growth investments scale
  • * Revenue growth deceleration - monitor if 29% growth rate can be maintained or inflects downward
  • * Customer acquisition cost versus lifetime value - validate underlying unit economics remain healthy
  • * Operating expense ratio - track whether operating expenses decline as percentage of revenue

Snowflake Inc. (SNOW) Financial Metrics & Key Ratios

Revenue
$1.4B
Net Income
$-295.6M
EPS (Diluted)
$-0.86
Free Cash Flow
$232.8M
Total Assets
$8.6B
Cash Position
$2.1B

💡 AI Analyst Insight

Snowflake Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

SNOW Profit Margin, ROE & Profitability Analysis

Gross Margin 66.6%
Operating Margin -23.4%
Net Margin -21.2%
ROE -15.2%
ROA -3.5%
FCF Margin 16.7%

SNOW vs Technology Sector: How Snowflake Inc. Compares

How Snowflake Inc. compares to Technology sector averages

Net Margin
SNOW -21.2%
vs
Sector Avg 18.0%
SNOW Sector
ROE
SNOW -15.2%
vs
Sector Avg 22.0%
SNOW Sector
Current Ratio
SNOW 1.1x
vs
Sector Avg 2.5x
SNOW Sector
Debt/Equity
SNOW 0.0x
vs
Sector Avg 0.5x
SNOW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Snowflake Inc. Stock Overvalued? SNOW Valuation Analysis 2026

Based on fundamental analysis, Snowflake Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-15.2%
Sector avg: 22%
Net Profit Margin
-21.2%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Snowflake Inc. Balance Sheet: SNOW Debt, Cash & Liquidity

Current Ratio
1.05x
Quick Ratio
1.05x
Debt/Equity
0.00x
Debt/Assets
77.3%
Interest Coverage
N/A
Long-term Debt
N/A

SNOW Revenue & Earnings Growth: 5-Year Financial Trend

SNOW 5-year financial data: Year 2022: Revenue $1.2B, Net Income -$348.5M, EPS $-7.77. Year 2023: Revenue $2.1B, Net Income -$539.1M, EPS $-3.81. Year 2024: Revenue $2.8B, Net Income -$679.9M, EPS $-2.26. Year 2025: Revenue $3.6B, Net Income -$796.7M, EPS $-2.50. Year 2026: Revenue $4.7B, Net Income -$836.1M, EPS $-2.55.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Snowflake Inc.'s revenue has grown significantly by 284% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.55 indicates the company is currently unprofitable.

SNOW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
16.7%
Free cash flow / Revenue

SNOW Quarterly Earnings & Performance

Quarterly financial performance data for Snowflake Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2027 $1.0B -$295.6M $-0.86
Q3 2026 $942.1M -$294.0M $-0.87
Q2 2026 $868.8M -$298.0M $-0.89
Q1 2026 $828.7M -$317.0M $-0.95
Q3 2025 $734.2M -$214.3M $-0.65
Q2 2025 $674.0M -$226.9M $-0.69
Q1 2025 $623.6M -$225.6M $-0.70
Q3 2024 $557.0M -$200.9M $-0.63

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Snowflake Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$243.2M
Cash generated from operations
Stock Buybacks
$300.0M
Shares repurchased (TTM)
Capital Expenditures
$10.5M
Investment in assets
Dividends
None
No dividend program

SNOW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Snowflake Inc. (CIK: 0001640147)

📋 Recent SEC Filings

Date Form Document Action
May 29, 2026 4 xslF345X06/wk-form4_1780101206.xml View →
May 29, 2026 4 xslF345X06/wk-form4_1780101160.xml View →
May 29, 2026 10-Q snow-20260430.htm View →
May 28, 2026 4 xslF345X06/wk-form4_1780010011.xml View →
May 27, 2026 8-K snow-20260527.htm View →

Frequently Asked Questions about SNOW

What is the AI rating for SNOW?

Snowflake Inc. (SNOW) has an AI grade of A with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SNOW's key strengths?

Claude: Revenue growth of 29.2% YoY demonstrates strong market demand and execution. Gross margin of 66.6% indicates excellent unit economics and pricing power typical of best-in-class SaaS.

What are the risks of investing in SNOW?

Claude: Company is unprofitable at operating level (-23.4% margin) and net income level (-21.2% margin). Negative ROE (-15.2%) and ROA (-3.5%) indicate capital is not yet generating returns for shareholders.

What is SNOW's revenue and growth?

Snowflake Inc. reported revenue of $1.4B.

Does SNOW pay dividends?

Snowflake Inc. does not currently pay dividends.

Where can I find SNOW SEC filings?

Official SEC filings for Snowflake Inc. (CIK: 0001640147) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SNOW's EPS?

Snowflake Inc. has a diluted EPS of $-0.86.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SNOW's fundamental grade?

Based on our AI fundamental analysis in May 2026, Snowflake Inc. has a A grade with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is SNOW stock overvalued or undervalued?

Valuation metrics for SNOW: ROE of -15.2% (sector avg: 22%), net margin of -21.2% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is SNOW's AI grade for 2026?

Our dual AI analysis gives Snowflake Inc. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SNOW's free cash flow?

Snowflake Inc.'s operating cash flow is $243.2M, with capital expenditures of $10.5M. FCF margin is 16.7%.

How does SNOW compare to other Technology stocks?

Vs Technology sector averages: Net margin -21.2% (avg: 18%), ROE -15.2% (avg: 22%), current ratio 1.05 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 30, 2026 | Data as of: 2026-04-30 | Powered by Claude AI