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Snowflake Inc. (SNOW) – Company Overview, Business Model & Stock Analysis

Snowflake Inc. (NYSE: SNOW) is a Bozeman, Montana-headquartered cloud company that provides the AI Data Cloud, a platform for data warehousing, data engineering, data sharing and AI/ML workloads that runs across major public cloud infrastructure providers. This page profiles the listed company and its stock: it brings together TradingView market widgets, financial reference data taken from Snowflake’s SEC filings, and a dated, clearly labelled third-party Shariah-screening snapshot for research purposes. Snowflake’s fiscal year ends January 31, so “fiscal 2026” means the year ended January 31, 2026. Widgets update dynamically; the tables and screening notes are static and carry their own reporting periods and dates. For sector context see SaGeminieTech’s Artificial Intelligence hub, the SaaS & Software hub and the NYSE hub.

Snowflake Inc. (SNOW) Symbol Information

SNOW trades on the New York Stock Exchange, as stated on the cover of Snowflake’s annual report, under the ticker symbol SNOW. The panel below summarizes the current symbol — price, exchange and identifying details — as a quick reference before reviewing deeper fundamentals and charts.

 

Market information shown here may update dynamically throughout the trading session. Verify any material figure through Snowflake’s official filings and its investor relations site.

SNOW Advanced Stock Chart

The interactive chart below displays SNOW price and volume history across time intervals from intraday to multi-year views. Developments that Snowflake’s own filings highlight include fiscal 2026 revenue growth of 29% year over year, an operating loss that narrowed year over year despite that growth, and a leadership transition in which Brian Robins succeeded Michael P. Scarpelli as Chief Financial Officer in September 2025. Sentiment toward high-growth, loss-making cloud-data and AI-infrastructure companies more broadly can also influence price. Price history is one input among several and should be read alongside fundamentals. See also SaGeminieTech’s Artificial Intelligence hub.

 

Chart patterns are not guarantees of future performance. Price movements may reflect quarterly results and guidance, adoption of Snowflake’s AI/ML data-cloud features, or broader sentiment toward growth-stage cloud-data stocks.

Snowflake Inc. Financial Statements and Fundamentals

Key figures worth examining for Snowflake include revenue growth, the trajectory of its operating loss relative to that growth, and remaining performance obligations as a forward indicator. In fiscal 2026 total revenue was $4,683.9 million, up 29% from $3,626.4 million in fiscal 2025 and $2,806.5 million in fiscal 2024; gross margin was approximately 67% in fiscal 2026 (10-K). Snowflake recorded an **operating loss** of $1,435.2 million in fiscal 2026, narrower than the $1,456.0 million operating loss in fiscal 2025, while net loss widened slightly to $1,329.0 million from $1,289.2 million, driven mainly by a swing in other income/expense and a higher tax provision rather than operating deterioration.

The most recent quarterly filing covers the quarter ended July 31, 2026 (second quarter of fiscal 2027) (10-Q). Cash and investments were $4,784.7 million (calculated) as of January 31, 2026, against $2,279.8 million of 0%-coupon convertible notes.

Snowflake Inc. reported financial figures — US GAAP, $ millions, fiscal years
Metric FY2024 (ended January 31, 2024) FY2025 (ended January 31, 2025) FY2026 (ended January 31, 2026)
Total revenue (reported) 2,806.5 3,626.4 4,683.9
Gross profit (reported) 1,907.9 2,411.7 3,146.1
Research and development (reported) 1,287.9 1,783.4 1,969.5
Operating loss (reported) ($1,094.8) ($1,456.0) ($1,435.2)
Net loss (reported) ($838.0) ($1,289.2) ($1,329.0)
Gross margin (calculated: gross profit ÷ revenue) 68.0% 66.5% 67.2%

Source: Snowflake Inc. Annual Report on Form 10-K for the fiscal year ended January 31, 2026 (SEC filing, filed 2026-03-20); fiscal 2025 and 2024 comparatives as presented in that filing. Snowflake’s fiscal year ends January 31, so “fiscal 2026” means the year ended January 31, 2026. Snowflake has recorded an **operating loss and a net loss in every fiscal year shown**; the net loss widened slightly in fiscal 2026 despite 29% revenue growth, driven mainly by a swing in “other income (expense), net” and a higher tax provision rather than operating deterioration — operating loss actually narrowed year over year. Rows marked “calculated” are derived by SaGeminieTech from the reported inputs shown.

Snowflake Inc. selected balance-sheet measures — $ millions, as of January 31, 2026
Measure Value (reported)
Cash and cash equivalents 2,828.2
Available-for-sale securities (current + non-current) 1,956.5
Cash and investments, total (calculated: sum of the two lines above) 4,784.7
Convertible Senior Notes, carrying value (0% coupon) 2,279.8
Total assets 9,132.5
Total stockholders’ equity 1,924.1

Source: fiscal 2026 10-K consolidated balance sheet and Note 10, “Convertible Senior Notes” (filing). Snowflake’s convertible notes (due 2027 and 2029) carry a **0% stated coupon**; its $8.3 million of fiscal 2026 “interest expense” is entirely amortization of debt issuance costs, not cash interest paid to noteholders. Whether a 0%-coupon convertible instrument should be counted as “interest-bearing debt” under a strict AAOIFI reading is an open question this page does not resolve; the debt ratio below includes it at full carrying value as a conservative treatment, consistent with how conventional interest-bearing notes are treated for other companies on this site.

 

Financial panels should be read across multiple reporting periods rather than a single quarter, and checked against Snowflake’s filings: the fiscal 2026 Form 10-K and the second-quarter fiscal 2027 Form 10-Q.

Snowflake Inc. Company Profile and Business Model

Snowflake describes its AI Data Cloud as a platform that enables organizations to consolidate data, build data applications, and run AI and machine-learning workloads across multiple public clouds, with consumption-based pricing tied to actual compute and storage usage. The company reports as a **single operating and reportable segment**, with its Chief Executive Officer serving as chief operating decision maker.

Snowflake’s own description emphasizes its platform’s separation of storage and compute, cross-cloud data sharing (including its Marketplace for third-party data), and Snowflake Cortex AI capabilities for building AI applications directly on governed data — positioned around structured data warehousing and AI/ML workloads. This is the angle this page uses to distinguish Snowflake from other data/AI-infrastructure profiles already on SaGeminieTech, particularly Elastic, which is positioned around search and AI-powered search infrastructure rather than data-warehousing and consumption-priced compute; the two are complementary rather than directly competing categories, and this page does not present one as superior. Geographically, the United States was approximately 75% of fiscal 2026 revenue, with EMEA, Other Americas and Asia-Pacific/Japan making up the remainder (table below).

The fiscal 2026 10-K (filed March 20, 2026) identifies Sridhar Ramaswamy as Chief Executive Officer, appointed in February 2024 to succeed founder-era CEO Frank Slootman upon his retirement, and Brian Robins as Chief Financial Officer, appointed in September 2025 to succeed Michael P. Scarpelli upon his retirement. This section profiles the listed company; Snowflake’s data-warehousing and consumption-pricing angle is presented here as distinct from other data/AI-infrastructure companies, such as Elastic, that focus on search infrastructure rather than data warehousing.

Snowflake Inc. revenue by geography — US GAAP, $ millions, fiscal years
Region FY2026 FY2025 FY2024 Share of FY2026 (reported)
United States 3,524.0 2,761.7 2,166.4 75.2%
Other Americas 125.3 101.9 72.8 2.7%
EMEA 763.6 574.7 432.6 16.3%
Asia-Pacific and Japan 271.0 188.0 134.6 5.8%
Total 4,683.9 3,626.4 2,806.5 100.0%

Source: fiscal 2026 10-K, Note 13, “Segment and Geographic Information” (https://www.sec.gov/Archives/edgar/data/1640147/000164014726000008/snow-20260131.htm). Revenue is attributed by the location of the customer.

 

Snowflake’s revenue is concentrated in the United States (approximately 75% of fiscal 2026 revenue), and the company has recorded a GAAP operating loss and net loss in every fiscal year shown, even as revenue grows at a 29% year-over-year pace. For the wider industry context see SaGeminieTech’s Artificial Intelligence hub.

Snowflake Inc. Technical Analysis

This widget summarizes technical indicators — moving averages, oscillators and overall signal counts — for SNOW across selected timeframes.

 

Technical signals change as new data arrives and should not be treated as a recommendation. Consider them together with fundamentals, revenue growth trends, and Snowflake’s path toward GAAP profitability.

Snowflake Inc. Historical Stock-Price Overview

The overview below covers SNOW price and percentage change across several date ranges, with volume and moving-average context. Snowflake’s reported revenue rose from $2,806.5 million in fiscal 2024 to $4,683.9 million in fiscal 2026 (table above), while its operating loss narrowed from $1,094.8 million to $1,435.2 million — note operating loss actually widened from fiscal 2024 to fiscal 2025 before narrowing slightly into fiscal 2026. Price history is best interpreted alongside those growth and loss trends the company’s own filings describe, rather than in isolation.

 

Historical performance does not guarantee future results and reflects a specific past period only.

Snowflake Inc. Shariah Compliance Snapshot

The snapshot below reflects third-party Shariah screening for SNOW based on AAOIFI-derived methodology, as reported by two providers, Zoya and Musaffa, plus figures independently calculated by SaGeminieTech from Snowflake’s SEC filings and a market-capitalization snapshot. Both provider pages were read on 2026-09-27. Screening results change as market capitalization, debt, cash and non-permissible income change — treat this as a starting reference for further verification, not a certification, and not investment or religious guidance.

Current StatusZoya screens SNOW as Shariah-compliant (zoya.finance/stocks/snow; AAOIFI standard) and Musaffa classifies it as HALAL, passing both business and financial screening criteria (musaffa.com/stock/SNOW; AAOIFI-based methodology; last updated September 2026). The two sources agree as of 2026-09-27 on business activity and overall classification.
Debt / Market CapIndependently calculated: 1.93%, including Snowflake’s $2,279.8 million of convertible notes at full carrying value even though they carry a **0% stated coupon** — a conservative treatment, since some AAOIFI-style readings might exclude a non-interest-bearing instrument from this ratio entirely. Divided by a market capitalization of $118,400 million as of market close 2026-09-25 (stockanalysis.com). Well under the commonly cited 30–33% threshold either way.
Cash + Investments / Market CapIndependently calculated: 4.04%. Cash and available-for-sale securities totaling $4,784.7 million at January 31, 2026, divided by the same $118,400 million market capitalization. Under the commonly cited 30–33% threshold.
Non-Permissible IncomeZoya’s public page states Snowflake reported $190.6 million of interest income against $4,683.9 million of revenue for fiscal 2026 (4.07% of revenue), matching the 10-K’s own income statement exactly — no correction was needed. On a combined-total basis (interest income ÷ (revenue + interest income)) the ratio is 3.91%; either way it sits under the 5% threshold, though closer to it than most other companies covered on this site, second only to SentinelOne (4.09%).
Business ActivityCloud-based data warehousing, data sharing and AI/ML platform (AI Data Cloud). No lending, conventional banking, insurance, gambling or alcohol-related activity was found in the 10-K’s description of the business.
Screening BasisAAOIFI Standard (per Zoya’s and Musaffa’s stated methodologies), cross-checked here against Snowflake’s own fiscal 2026 Form 10-K, SEC XBRL data and a same-day market-capitalization snapshot.
Last ReviewedMusaffa last updated September 2026; both provider pages were read on 2026-09-27. The debt, cash and income figures were independently recalculated from the 10-K, SEC XBRL data and a 2026-09-25 market-capitalization snapshot as shown above.
Snowflake Inc. AAOIFI-style screening ratios — independently calculated
Ratio Numerator Denominator Result Commonly cited threshold
Interest-bearing debt ÷ market capitalization (0%-coupon convertible notes included at full carrying value) Convertible Senior Notes: $2,279.8 million carrying value (10-K, January 31, 2026; 0% stated coupon) Market capitalization: $118,400 million ([stockanalysis.com](https://stockanalysis.com/stocks/snow/), close 2026-09-25) 1.93% < 30–33%
(Cash + investments) ÷ market capitalization Cash + available-for-sale securities: $4,784.7 million (10-K, January 31, 2026) Market capitalization: $118,400 million ([stockanalysis.com](https://stockanalysis.com/stocks/snow/), close 2026-09-25) 4.04% < 30–33%
Non-permissible (interest) income ÷ (revenue + interest income) Interest income: $190.6 million (10-K income statement, fiscal 2026) Revenue + interest income: $4,683.9m + $190.6m = $4,874.5m 3.91% < 5%
For reference — interest income ÷ revenue alone (the basis Zoya’s public figure uses) Interest income: $190.6 million Revenue: $4,683.9 million 4.07% < 5%

Snowflake’s income statement reports “Interest income” as its own line ($190.6 million for fiscal 2026), separate from interest expense and “other income (expense), net” — this figure was independently confirmed against the 10-K and required no correction. Snowflake’s $2.28 billion of convertible notes carry a **0% coupon**, meaning the company pays no periodic interest on this debt; some AAOIFI-style readings might therefore exclude it from the “interest-bearing debt” numerator entirely (which would make that ratio 0.00%), while this page includes it at full carrying value as the more conservative treatment, consistent with how this site treats other companies’ debt. Under either treatment the debt ratio is well under the 30–33% threshold. The non-permissible-income ratio (3.91–4.07% depending on basis) is closer to the 5% ceiling than most companies on this site, second only to SentinelOne (4.09%). Market capitalization is a point-in-time figure (2026-09-25 close) applied against fiscal-year-end balance-sheet figures (January 31, 2026); it will move daily and these ratios should be recalculated before relying on them.

This snapshot is a screening summary for research purposes, not a certification of Shariah compliance and not investment or religious guidance. All three AAOIFI-style ratios were independently calculated for this page and fall under commonly cited thresholds; the non-permissible-income ratio (3.91–4.07%) is the second-closest to the commonly cited 5% ceiling of any company covered on this site and should be monitored as Snowflake’s cash balances and interest-rate environment change. The debt ratio’s treatment of Snowflake’s 0%-coupon convertible notes is a judgment call this page states explicitly rather than resolving silently. Market capitalization changes daily and these figures should be recalculated before relying on them. Confirm the latest status directly with Zoya, with Musaffa, or with a qualified Shariah adviser before relying on any compliance conclusion.

Latest Snowflake Inc. News

The feed below may include dynamically updated market stories related to Snowflake.

 

Distinguish between official Snowflake announcements, SEC filings, earnings releases, analyst commentary and general media coverage. Verify material news through Snowflake’s investor relations page and its SEC filings.

Key Investor Considerations for Snowflake Inc.

Potential Strengths

  • Revenue of $4,683.9 million in fiscal 2026, up 29% from $3,626.4 million in fiscal 2025 and 67% from $2,806.5 million in fiscal 2024 (company-reported)
  • Operating loss narrowed from $1,456.0 million in fiscal 2025 to $1,435.2 million in fiscal 2026 even as revenue grew 29% (company-reported)
  • Convertible notes carry a 0% coupon, meaning no periodic cash interest obligation on $2,279.8 million of carrying value, unlike conventional interest-bearing debt at other companies covered on this site
  • $4,784.7 million of cash and investments (calculated) provides substantial balance-sheet flexibility
  • Gross margin of approximately 67% in fiscal 2026, consistent with a cloud-platform cost structure

Material Risks

  • GAAP net loss in every fiscal year shown, at $1,329.0 million in fiscal 2026, wider than the $1,289.2 million net loss in fiscal 2025
  • Non-permissible-income ratio of approximately 3.91–4.07% is the second-closest to the commonly cited 5% AAOIFI threshold of any company covered on this site, and could cross it if cash balances or interest rates rise while revenue growth slows
  • Revenue concentration in the United States, at approximately 75% of fiscal 2026 revenue
  • A stockholder class-action lawsuit was filed in February 2026 against the company and its former CEO and former CFO under Sections 10(b) and 20(a) of the Exchange Act; the company states it intends to vigorously defend against the claims
  • Recent leadership transitions, including a new CEO in February 2024 and a new CFO in September 2025, alongside other executive changes the 10-K itself flags as an ongoing consideration

Frequently Asked Questions

What does Snowflake do?

Snowflake provides the AI Data Cloud, a cloud-based platform for data warehousing, data engineering, data sharing and AI/ML workloads across multiple public cloud providers, according to its fiscal 2026 Form 10-K.

On which exchange is Snowflake listed?

Snowflake’s common stock trades on the New York Stock Exchange under the ticker symbol SNOW, as confirmed against the SEC’s ticker-and-exchange listing.

How many reportable segments does Snowflake have?

Snowflake operates and reports as a **single operating and reportable segment**.

Is Snowflake profitable?

No, not yet on a GAAP basis. Snowflake recorded a net loss of $1,329.0 million in fiscal 2026, though its operating loss narrowed slightly year over year even as revenue grew 29%.

Does Snowflake carry debt?

Yes, in the form of $2,279.8 million (carrying value) of Convertible Senior Notes due 2027 and 2029 — but these notes carry a 0% stated coupon, so Snowflake pays no periodic cash interest on them.

How is Snowflake different from Elastic on this site?

Both are data/AI-infrastructure companies, but this page emphasizes Snowflake’s structured data-warehousing platform and consumption-based pricing, distinct from Elastic’s positioning around search and AI-powered search infrastructure — the two occupy complementary rather than directly competing categories.

Is Snowflake stock currently Shariah compliant?

Zoya screens SNOW as Shariah-compliant and Musaffa classifies it as HALAL, both under AAOIFI-based methodologies (checked 2026-09-27). SaGeminieTech independently calculated all three AAOIFI-style ratios from the 10-K and a same-day market-capitalization snapshot: debt/market cap 1.93%, cash+investments/market cap 4.04%, and non-permissible income 3.91–4.07% — all under commonly cited thresholds, though the income ratio is the second-closest to the 5% ceiling of any company on this site and merits periodic recheck. This is a screening summary, not a compliance certification — check a current, named screening source or a qualified Shariah adviser before relying on any status.

Conclusion

Snowflake is a cloud data-warehousing and AI Data Cloud company whose fiscal 2026 revenue of $4,683.9 million (up 29% year over year, company-reported) and narrowing operating loss reflect continued adoption of its consumption-priced data platform and AI/ML capabilities, alongside recent CEO and CFO leadership transitions. That growth profile is balanced against a persistent and slightly widening GAAP net loss, a non-permissible-income ratio that sits closer to the commonly cited 5% AAOIFI threshold than nearly every other company covered on this site, and a pending stockholder class-action lawsuit. SaGeminieTech independently verified Snowflake’s Shariah-screening ratios against its own SEC filings and a same-day market-capitalization snapshot, finding all three AAOIFI-style ratios under typical thresholds and confirming Zoya’s stated interest-income figure as accurate, while explicitly flagging the open question of how a 0%-coupon convertible note should be treated in the debt ratio rather than resolving it silently. The tools on this page — charts, financials, technical indicators and news — support ongoing research into Snowflake, but they do not replace a review of its official filings or independent financial, legal, tax or Shariah advice.

This page is informational and is not investment advice, a recommendation to buy, sell or hold any security, or a prediction of future returns. See SaGeminieTech’s Disclaimer.

Snowflake Inc. (SNOW) – Company Overview, Business Model & Stock Analysis

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