Snowflake
SNOW
#542
Rank
HK$293.61 B
Marketcap
HK$875.93
Share price
-1.14%
Change (1 day)
-31.10%
Change (1 year)
Snowflake Inc. is an American cloud-based data-warehousing startup that was founded in 2012. The company offers a cloud-based data storage and analytics service, it also allows corporate users to store and analyze data using cloud-based hardware and software.

Operating Margin for Snowflake (SNOW)

Operating Margin as of September 2024 (TTM): -31.64%

According to Snowflake's latest financial reports and stock price the company's current Operating Margin is -31.64%. At the end of 2023 the company had an Operating Margin of -39.50%.

Operating Margin history for Snowflake from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-39.50%-28.85%
2022-55.52%-38.79%
2021-90.71%-30.9%
2020-131.27%-28.39%
2019-183.32%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.92%-140.83%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.53%-92.00%๐Ÿ‡บ๐Ÿ‡ธ USA
9.10%-128.76%๐Ÿ‡บ๐Ÿ‡ธ USA
1.56%-104.93%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.