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Snowflake Earnings Calls
| Release date | May 27, 2026 |
| EPS estimate | $0.319 |
| EPS actual | $0.390 |
| EPS Surprise | 22.14% |
| Revenue estimate | 1.324B |
| Revenue actual | 1.391B |
| Revenue Surprise | 5.07% |
| Release date | Feb 25, 2026 |
| EPS estimate | $0.273 |
| EPS actual | $0.320 |
| EPS Surprise | 17.43% |
| Revenue estimate | 1.257B |
| Revenue actual | 1.284B |
| Revenue Surprise | 2.17% |
| Release date | Dec 03, 2025 |
| EPS estimate | $0.312 |
| EPS actual | $0.350 |
| EPS Surprise | 12.32% |
| Revenue estimate | 1.184B |
| Revenue actual | 1.213B |
| Revenue Surprise | 2.41% |
| Release date | Aug 27, 2025 |
| EPS estimate | $0.267 |
| EPS actual | $0.350 |
| EPS Surprise | 31.09% |
| Revenue estimate | 1.088B |
| Revenue actual | 1.145B |
| Revenue Surprise | 5.23% |
Last 4 Quarters for Snowflake
Below you can see how SNOW performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Aug 27, 2025 |
| Price on release | $200.39 |
| EPS estimate | $0.267 |
| EPS actual | $0.350 |
| EPS surprise | 31.09% |
| Date | Price |
|---|---|
| Aug 21, 2025 | $194.68 |
| Aug 22, 2025 | $196.81 |
| Aug 25, 2025 | $194.68 |
| Aug 26, 2025 | $194.35 |
| Aug 27, 2025 | $200.39 |
| Aug 28, 2025 | $241.00 |
| Aug 29, 2025 | $238.66 |
| Sep 02, 2025 | $233.60 |
| Sep 03, 2025 | $229.33 |
| 4 days before | 2.93% |
| 4 days after | 14.44% |
| On release day | 20.27% |
| Change in period | 17.80% |
| Release date | Dec 03, 2025 |
| Price on release | $265.00 |
| EPS estimate | $0.312 |
| EPS actual | $0.350 |
| EPS surprise | 12.32% |
| Date | Price |
|---|---|
| Nov 26, 2025 | $248.66 |
| Nov 28, 2025 | $250.94 |
| Dec 01, 2025 | $252.00 |
| Dec 02, 2025 | $259.68 |
| Dec 03, 2025 | $265.00 |
| Dec 04, 2025 | $234.77 |
| Dec 05, 2025 | $228.79 |
| Dec 08, 2025 | $225.31 |
| Dec 09, 2025 | $222.63 |
| 4 days before | 6.57% |
| 4 days after | -15.99% |
| On release day | -11.41% |
| Change in period | -10.47% |
| Release date | Feb 25, 2026 |
| Price on release | $169.21 |
| EPS estimate | $0.273 |
| EPS actual | $0.320 |
| EPS surprise | 17.43% |
| Date | Price |
|---|---|
| Feb 19, 2026 | $179.20 |
| Feb 20, 2026 | $172.50 |
| Feb 23, 2026 | $157.60 |
| Feb 24, 2026 | $161.06 |
| Feb 25, 2026 | $169.21 |
| Feb 26, 2026 | $173.06 |
| Feb 27, 2026 | $168.41 |
| Mar 02, 2026 | $170.33 |
| Mar 03, 2026 | $165.79 |
| 4 days before | -5.57% |
| 4 days after | -2.02% |
| On release day | 2.28% |
| Change in period | -7.48% |
| Release date | May 27, 2026 |
| Price on release | $175.26 |
| EPS estimate | $0.319 |
| EPS actual | $0.390 |
| EPS surprise | 22.14% |
| Date | Price |
|---|---|
| May 20, 2026 | $166.97 |
| May 21, 2026 | $165.54 |
| May 22, 2026 | $172.20 |
| May 26, 2026 | $177.60 |
| May 27, 2026 | $175.26 |
| May 28, 2026 | $239.20 |
| May 29, 2026 | $255.55 |
| Jun 01, 2026 | $280.16 |
| Jun 02, 2026 | $261.14 |
| 4 days before | 4.96% |
| 4 days after | 49.00% |
| On release day | 36.48% |
| Change in period | 56.40% |
Snowflake Earnings Call Transcript Summary of Q2 2026
Snowflake reported a strong Q2 FY2026 with product revenue of $1.09B, a 32% year-over-year acceleration, driven by core analytics consumption plus meaningful early adoption of AI products. Key operating metrics: remaining performance obligations $6.9B (+33% YoY), net revenue retention 125%, non-GAAP operating margin 11%, non-GAAP product gross margin ~76%, and $4.6B of cash and investments. Management highlighted rapid product innovation (≈250 GA capabilities in H1), broad AI adoption (≈6,100 accounts using Snowflake AI weekly; AI influenced ~50% of new logos), major new product introductions (Snowflake Intelligence, Cortex AI SQL, Gen 2 Warehouse, Snowflake Postgres, OpenFlow, Snowpark Connect for Spark), and partner/cloud momentum (Azure fastest-growing cloud at +40% YoY). They added 533 customers (15 Global 2,000) and hired heavily in S&M (364 in Q2; aggressive first-half hiring). Guidance was raised: Q3 product revenue $1.125–1.13B (25–26% YoY) and FY26 product revenue raised to $4.395B (27% YoY); non-GAAP operating margin expected ~9% and adjusted FCF margin ~25% for year. Management reiterated focus on operational rigor, disciplined investment for growth, and long runway from migrations and AI-driven use cases. Risks remain typical for forward-looking statements (execution, macro, competition, model adoption).
