Short answer
Snowflake Inc (SNOW) filed its Q3 2026 10-Q quarterly report on Sep 4, 2026 for the quarter ended Jul 31, 2026. Quarterly revenue was $1.5B (up 35.1% year over year) with net income of −$192M.
Q3 2026 key financials · XBRL
- Revenue
- $1.5B
- +35.1% YoY · +11.2% QoQ
- Net income
- −$192M
- +35.7% YoY · +35.1% QoQ
Source: XBRL data from the Snowflake Inc (SNOW) Q3 2026 10-Q on SEC EDGAR. USD.
Snowflake Inc Q3 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Product revenue $1.492B, up from $1.091B YoY
- Net revenue retention 126%, up from 125% YoY
- Operating cash flow $91.4M, down from $243.2M prior quarter
- Free cash flow $83.8M, up from $58.2M YoY
- Acquisition spending: Observe $285.7M cash, Natoma $17.7M cash
Risk Factors
- AI strategy risk heightened by reliance on frontier model providers, with potential access restrictions disrupting services
- Regulatory risk from expanding into highly regulated markets, including evolving AI standards and data sovereignty requirements
- Competitive risk from AWS, Azure, and GCP, which may bundle competing products or impose unfavorable pricing
- Consumption risk from customer optimization, including shorter data retention policies and reduced AI usage
- Profitability risk from net losses of $191.7 million and accumulated deficit of $10.3 billion as of July 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.