Snowflake (NYSE:SNOW) Second Quarter 2026 Results
Key Financial Results
- Revenue: US$1.14b (up 32% from 2Q 2025).
- Net loss: US$298.0m (loss narrowed by 6.0% from 2Q 2025).
- US$0.89 loss per share (improved from US$0.95 loss in 2Q 2025).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Snowflake Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.5%.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the IT industry in the US.
Performance of the American IT industry.
The company's shares are down 5.5% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Snowflake that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:SNOW
Snowflake
Provides a cloud-based data platform for various organizations in the United States and internationally.
Excellent balance sheet with limited growth.
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