Snowflake Inc. reports results for the quarter ended April 30 - Earnings Summary

Snowflake

03/09/2026 03:30

Snowflake Inc. SNOW.N reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 24 cents.  The mean expectation of forty three analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 27 cents to 38 cents per share.
Revenue rose 33.5% to $1.39 billion from a year ago; analysts expected $1.48 billion. 
Snowflake Inc.'s reported EPS for the quarter was a loss of 86 cents​.
The company reported a quarterly loss of $295.57 million.
Snowflake Inc. shares had risen by 25.7% this quarter and gained 45.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 28.7% in the last three months.​ 
In the last 30 days, forty one analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 46 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy" 
Wall Street's median 12-month price target for Snowflake Inc. is $347.50, about 12% above its last closing price of $305.84
This summary was machine generated from LSEG data September 3 at 02:30 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Apr. 30 2026 
0.32
0.62
Beat
Apr. 30 2026 
0.27
0.32
Beat
Jan. 31 2026 
0.27
0.35
Beat
Oct. 31 2025 
0.27
0.35
Beat