Snowflake (SNOW) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 66.6%
EBITDA Margin: -18.6%
Op. Margin: -23.4%
Net Margin: -21.2%

Op. margin of -23.4% is up 19.5% YoY — cost efficiency is improving. Net margin at -21.2% and gross margin of 66.6% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit