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Stocks/Information Technology/Application Software

SnowflakeSNOW

Application Software
Solid businessPricier than peers
$306.08−7.32%After hours: $305.65 (−0.14%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 13.5% over 1 year
Snowflake over 1 yearDaily close, $, to 30 Oct 2026
$200Nov2026MarMayJulSep$306.08$200NovMarJul$306.08
Source: Nasdaq daily closes
Market value$108B
Price to earnings–
Forward P/E120.5x
Dividend yield–
Year to date+39.5%
One year+13.5%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$121.11$368.89

Quality and valuation

How Snowflake compares with other information technology stocks. A description, not a recommendation.

Snowflake and 6 application software peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among information technology companies, priced above most of them.

Snowflake trades at 120.5 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +32.0% vs +20.6%
  • Keeps more of each sale (gross margin): 67.0% vs 61.5%
  • Less profitable (operating margin): −22.8% vs 17.0%
  • Turns more of its sales into cash: 22.0% vs 21.7%
SNOW trades at 120.5x forward earnings, above the sector medianForward p/e, Application Software peers
ADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xCDNS36.6xPLTR108.1xSNOW120.5xSector median 22.2xADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xCDNS36.6xPLTR108.1xSNOW120.5xSector median 22.2x
Source: CNBC quotes; Mostly Markets

Financials

From Snowflake's SEC filings, through the quarter ending 31 Jul 2026. Hover or tap a bar for its value.

Revenue grew 35.1% from a year earlierQuarterly revenue, $bn, latest Q2 ’27
$0.0bn$0.5bn$1.0bn$1.5bnQ3 ’25Q1 ’26Q3 ’26$1.6bnQ2 ’27$0bn$1bnQ3 ’25Q1 ’26Q3 ’26$1.6bnQ2 ’27
Source: SEC filings
Growth sped up to +35.1% last quarterRevenue growth, year on year, %
0%10%20%30%Q3 ’25Q1 ’26Q3 ’2635.1%Q2 ’270%20%Q3 ’25Q1 ’26Q3 ’2635.1%Q2 ’27
Source: SEC filings
Operating margin was -17.0% last quarterOperating income as a share of revenue, %
−40%−20%0%Q3 ’25Q1 ’26Q3 ’26−17.0%Q2 ’27−40%−20%0%Q3 ’25Q1 ’26Q3 ’26−17.0%Q2 ’27
Source: SEC filings
Free cash flow was $1.2 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400m$600mQ3 ’25Q1 ’26Q3 ’26$84mQ2 ’27$0m$500mQ3 ’25Q1 ’26Q3 ’26$84mQ2 ’27
Source: SEC filings
Last 12 monthsSNOWSector median
Revenue growth+32.0%+20.6%
Gross margin67.0%61.5%
Operating margin−22.8%17.0%
Free cash flow margin22.0%21.7%

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Similar companies

Application Software, by market value.

CompanyPriceTodayYTDValue
PLTRPalantir Technologies$184.11−6.27%+3.6%$442B
ORCLOracle$130.67−6.37%−33.0%$396B
SAPSAP$235.02+0.41%−3.2%$289B
CRMSalesforce$229.17−0.75%−13.5%$189B
ADBEAdobe$250.23+0.85%−28.5%$97.39B
INTUIntuit$341.09+2.99%−48.5%$91.15B
CDNSCadence Design Systems$327.89−4.34%+4.9%$89.97B
SNPSSynopsys$467.61−4.61%−0.4%$89.61B