Technology
Price
$260.15
-0.40%Market Cap
$90.17B
Day High
$264.96
Day Low
$254.16
Snowflake delivered strong 33.5% YoY revenue growth to $1.39B in Q2 FY2026 while meaningfully narrowing its operating loss by 27.1%, though the company remains unprofitable with a net loss of $295.6M and faces rising liabilities.
Key risk: Persistent GAAP Unprofitability
Snowflake reported a net loss of $295.6M in Q2 FY2026, and while losses are narrowing, the company has not achieved GAAP profitability. Continued losses could pressure the stock and limit financial flexibility if market conditions tighten.