Snowflake (SNOW) Tops Q1 EPS by 3c
Snowflake (NYSE: SNOW) reported Q1 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.01 billion.
Our guidance includes GAAP and non-GAAP financial measures.
The following table summarizes our guidance for the second quarter of fiscal 2026:
| Second Quarter Fiscal 2026 GAAP Guidance |
| Second Quarter Fiscal 2026 Non-GAAP Guidance(1) | ||
| Amount (millions) | Year/Year Growth |
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Product revenue | $1,035 - $1,040 | 25% |
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| Margin |
Operating income |
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| 8% |
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| Amount (millions) |
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Weighted-average shares used in computing net income per share attributable to Snowflake Inc. common stockholders—diluted(2) |
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| 371 | |
The following table summarizes our guidance for the full-year of fiscal 2026:
| Full-Year Fiscal 2026 GAAP Guidance |
| Full-Year Fiscal 2026 Non-GAAP Guidance(1) | ||
| Amount (millions) | Year/Year Growth |
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Product revenue | $4,325 | 25% |
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| Margin |
Product gross profit |
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| 75% |
Operating income |
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| 8% |
Adjusted free cash flow |
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| 25% |
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| Amount (millions) |
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Weighted-average shares used in computing net income per share attributable to Snowflake Inc. common stockholders—diluted(2) |
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| 372 | |
For earnings history and earnings-related data on Snowflake (SNOW) click here.