---
title: Snowflake (SNOW) — software card
canonical: https://sweetvaluelab.com/tools/software/snow
ticker: SNOW
tier: Large
as_of: 2026-10-16
---
# Snowflake (SNOW) — software card

Snowflake, Large, grows revenue 32.0% on a 67.0% gross margin and a 22.0% free-cash-flow margin (-8.2% after stock-based compensation), and trades at 19.8× trailing revenue. Prices as of Oct 16, 2026; trailing-twelve-month figures through Aug 31, 2026.

## The card

| Figure | SNOW | Large average (14) |
| --- | ---: | ---: |
| Price | $306.84 |  |
| Revenue (TTM) | $5.4B |  |
| Revenue growth | 32.0% | 25.9% |
| Revenue growth, prior year | 28.4% |  |
| Gross margin | 67.0% | 75.9% |
| Operating margin | -22.8% |  |
| Free cash flow (TTM) | $1.2B |  |
| FCF margin | 22.0% | 33.6% |
| FCF margin after SBC | -8.2% |  |
| Stock-based compensation (TTM) | $1.6B |  |
| SBC / revenue | 30.2% | 13.1% |
| Rule of 40 | 5403 | 5957 |
| Diluted shares, YoY | 4.6% |
| Buybacks (TTM) | $682.9M |  |
| Market value | $107.2B |  |
| Net cash | -$419.1M |  |
| Enterprise value | $107.6B |  |
| EV / revenue | 19.8× | 18.7× |
| EV / gross profit | 29.5× |  |
| EV / FCF | 90.0× |  |
| P/E | — |  |

## Lights

- Stock-based compensation is 30% of revenue

---

Source: https://sweetvaluelab.com/tools/software/snow (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.