Snowflake
SNOW
#367
Rank
$43.90 B
Marketcap
$136.53
Share price
-2.87%
Change (1 day)
-40.01%
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 March 2023 (TTM): -39.74%

According to Snowflake's latest financial reports and stock price the company's current Operating Margin is -39.74%. At the end of 2022 the company had an Operating Margin of -55.52%.

Operating Margin history for Snowflake from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
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
21.73%-154.68%๐Ÿ‡บ๐Ÿ‡ธ USA
0.98%-102.47%๐Ÿ‡บ๐Ÿ‡ธ USA
18.09%-145.52%๐Ÿ‡บ๐Ÿ‡ธ USA
20.45%-151.46%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.