Snowflake Inc. (SNOW) beat expectations in Q1 FY2027 on revenue of $1.4B versus the $1.3B estimate (+33.5% YoY) and EPS of $0.39. The next Snowflake Inc. (SNOW) earnings date is Sep 2, 2026. Below is the full Snowflake Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
Snowflake Inc. (SNOW) Earnings Analysis — key stats
Next earnings date
Sep 2, 2026
Latest reported quarter
Q1 FY2027
Earnings verdict
Beat
EPS beat rate
8 of last 8 (quarters above estimate)
Avg next-day move
±17.1% (over the last 8 reports)
Post-earnings direction
Up 6 / Down 2 (of the last 8 reports)
Implied move (next report)
±8.5% (options-derived · into Sep 2, 2026)
Institutional ownership
69.1% (13F as of 2026-06-30)
Top 10 holders
32.0% (of shares outstanding)
Insider activity
0 buys / 12 sells (recent Form 4 filings)
Revenue
$1.4B (vs $1.3B est · +5.1% surprise · +33.5% YoY)
EPS
$0.39 (vs $0.32 est · +22.1% surprise · -33.3% YoY)
Share price
$328.92 (-2.5%)
Market cap
$114.0B
Snowflake Inc. (SNOW) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q2 FY2027
$1.4B vs $1.3B est
$0.39 vs $0.32 est
+22.1%
+34.7%
Beat
Q1 FY2027
$1.3B vs $1.3B est
$0.32 vs $0.27 est
+17.4%
+7.5%
Beat
Q4 FY2026
$1.2B vs $1.2B est
$0.35 vs $0.31 est
+12.3%
-9.6%
Beat
Q3 FY2026
$1.1B vs $1.1B est
$0.35 vs $0.27 est
+31.1%
+24.0%
Beat
Q2 FY2026
$1.0B vs $1.0B est
$0.24 vs $0.21 est
+13.0%
+11.1%
Beat
Q1 FY2026
$986.8M vs $957.8M est
$0.30 vs $0.18 est
+70.0%
+5.8%
Beat
Q4 FY2025
$942.1M vs $899.3M est
$0.20 vs $0.15 est
+33.3%
+31.6%
Beat
Q3 FY2025
$868.8M vs $853.1M est
$0.18 vs $0.16 est
+11.8%
-12.7%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
9.1%
31.4M
$8.0B
+12.3%
Vanguard Capital Management LLC
4.4%
15.1M
$3.8B
+2.0%
Undisclosed filer
3.7%
12.9M
$3.3B
+0.3%
Jpmorgan Chase & CO
2.7%
9.2M
$2.3B
-17.6%
State Street Corp
2.3%
8.0M
$2.0B
+3.9%
Fmr LLC
2.2%
7.7M
$1.9B
-28.8%
Susquehanna International Group, Llp
2.0%
6.8M
$1.7B
+16.8%
Jane Street Group, LLC
1.9%
6.6M
$1.7B
+77.0%
Geode Capital Management, LLC
1.9%
6.4M
$1.6B
+33.6%
Jennison Associates LLC
1.8%
6.3M
$1.6B
-11.5%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Dageville Benoit
director
2026-08-12
Sell
50K
$16.8M
Dageville Benoit
director
2026-08-12
Sell
17K
—
Kleinerman Christian
officer: EVP, Product Management
2026-08-07
Sell
25K
$8.1M
Kleinerman Christian
officer: EVP, Product Management
2026-08-07
Sell
5K
$1.6M
Speiser Michael L
director
2026-08-07
Sell
34K
$11.0M
Speiser Michael L
director
2026-08-07
Sell
13K
$4.2M
Speiser Michael L
director
2026-08-07
Sell
840
$272210
Speiser Michael L
director
2026-08-07
Sell
403
$130596
What you'll find
Next Snowflake Inc. (SNOW) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Snowflake Inc. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Snowflake Inc. (SNOW)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Snowflake Inc.'s next earnings date?
Snowflake Inc.'s (SNOW) next scheduled earnings date is Sep 2, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Snowflake Inc. (SNOW) beat or miss earnings?
In Q1 FY2027, Snowflake Inc. (SNOW) posted beat results — revenue of $1.4B versus the $1.3B estimate (+5.1% surprise) and EPS of $0.39 versus $0.32 expected (+22.1% surprise). Magnisto decodes every Snowflake Inc. (SNOW) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Snowflake Inc. beat earnings estimates?
Over its last 8 reported quarters, Snowflake Inc. (SNOW) beat Wall Street EPS estimates 8 times, most recently a beat result in Q2 FY2027. Magnisto tracks every Snowflake Inc. (SNOW) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Snowflake Inc. stock move after earnings?
Over its last 8 quarterly reports, Snowflake Inc. (SNOW) moved an average of ±17.1% the day after earnings — ranging from -12.7% (Q3 FY2025) to +34.7% (Q2 FY2027). The stock rose after 6 of those 8 reports and fell after 2. Heading into its next report on Sep 2, 2026, options-implied volatility is pricing in a move of roughly ±8.5% (derived). Magnisto tracks the realized post-earnings move for every Snowflake Inc. (SNOW) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Snowflake Inc.?
Institutions hold about 69.1% of Snowflake Inc.'s (SNOW) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (9.1%), Vanguard Capital Management LLC (4.4%), Undisclosed filer (3.7%). Magnisto lists Snowflake Inc.'s (SNOW) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Snowflake Inc. (SNOW)?
In the most recent Form 4 filings Magnisto tracks, Snowflake Inc. (SNOW) insiders recorded 0 purchases and 12 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Snowflake Inc. (SNOW) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Snowflake Inc. (SNOW), anchored to the current $328.92 share price, so you can weigh the bull, base and bear cases for Snowflake Inc. side by side.
Is Snowflake Inc. (SNOW) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Snowflake Inc. fits your own thesis and risk profile. This is research, not investment advice.