Snowflake Inc. (SNOW)财务
NYSE · Technology · Software - Application · 员工9,394人 · CEO Sridhar Ramaswamy
- 股价
- $306.08 -7.32%
- 市值
- $1080亿
- 企业价值
- $1090亿
- 最近财报
- Q2 '27 2026-09-04提交
- 下次财报
- 2026-12-02 EPS预期 $0.60
营收(TTM)$54.3亿+32.0% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)-22.8%+14.7 百分点 对比去年同期营业利润 -$12.4亿
净利润(TTM)-$10.9亿+20.9% 对比去年同期税后,含营业外收益
自由现金流(TTM)$12亿+59.1% 对比去年同期资本支出 $5800万
稀释EPS(TTM)-$3.18+23.4% 对比去年同期最近4个季度之和
净现金-$4.19亿-146.9% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $1080亿 EV $1090亿
- 营收
- $54.3亿 过去12个月
- 营收增速
- +35% FY2027年一致预期
- 净利润率
- -20.1% 净利润 / 营收,TTM
- P/E
- -96.3× 预期 138.0×(FY2027)
- P/S
- 19.9× 股价 / 营收,TTM
- EV / EBITDA
- -134.1× TTM
- 自由现金流
- $12亿 过去12个月
- 净利润
- -$10.9亿 过去12个月
- 营收预期
- $63.2亿 FY2027年一致预期
- 盈利
- 2026-12-02 营收预期 $16.5亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-09-02):营收超预期4.3%,EPS 超预期38.8%营收$15.5亿,预期$14.8亿(+4.3%);EPS $0.62,预期$0.45(+38.8%)。
- 营收增长加速:同比35.1%Q2 '27营收$15.5亿,此前四个季度的平均值为31.0%。
- 营业利润率-22.8%(TTM),较去年同期+14.7 百分点营收增长32.0%,营业利润增长19.7%。
- 资本支出占营收的1.1%(去年为2.1%)最近4个季度投入$5800万(同比-32.9%)。自由现金流$12亿。
- 股东回报$6.83亿 = 自由现金流的57.1%回购$6.83亿(去年为$15.1亿),股息$0,股权激励$16.4亿(TTM)。
- 稀释股数一年内增加4.6%Q2 '27稀释股数3.49亿,一年前为3.34亿。
- 净债务 $4.19亿现金 + 短期投资 $23.4亿,含租赁债务 $27.6亿;一年前净现金 $8.94亿。
上一季度:Q2 '27
截至2026-07-31的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '27 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $15.5亿 | $11.4亿 | +35.1% |
| 毛利率 | 67.0% | 67.5% | -0.5 百分点 |
| 营业利润 | -$2.63亿 | -$3.4亿 | +22.7% |
| 营业利润率 | -17.0% | -29.7% | +12.7 百分点 |
| 净利润 | -$1.92亿 | -$2.98亿 | +35.7% |
| 稀释EPS | -$0.55 | -$0.89 | +38.2% |
| 经营现金流 | $9140万 | $7490万 | +22.0% |
| 资本支出 | $755万 | $1670万 | -54.7% |
| 自由现金流 | $8380万 | $5820万 | +43.9% |
| R&D | $5.67亿 | $4.92亿 | +15.3% |
| 股权激励费用 | $4.24亿 | $4.04亿 | +4.8% |
实际 vs 一致预期
2026-09-02| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $15.5亿 | $14.8亿 | +4.3% |
| EPS(一致预期口径) | $0.62 | $0.45 | +38.8% |
来自2026-09-02发布的Q2 '27财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Product | $14.9亿 | +36.8% | 96.4% | $52.1亿 | +32.6% | |
| Professional Services And Other | $5490万 | +0.8% | 3.6% | $2.23亿 | +20.8% |
按地区划分的营收
占总额比例| 分部 | Q2 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $11.9亿 | +33.8% | 77.1% | $42.2亿 | +30.6% | |
| EMEA | $2.59亿 | +39.6% | 16.7% | $8.99亿 | +36.3% | |
| Asia-Pacific and Japan | $9490万 | +40.3% | 6.1% | $3.2亿 | +39.8% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $12.5亿
- 资本支出
- -$5800万
- 股票回购
- -$6.83亿
- 股息
- $0
- 收购
- -$2.69亿
- 债务净发行
- $0
- 股权激励费用
- $16.4亿
- 自由现金流
- $12亿
- 股东回报 / FCF
- 57.1%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -96.3× | – | – |
| EV / EBITDA | -134.1× | – | – |
| EV / 营收 | 20.1× | 28.8× | 13.9× – 67.2× |
| 股价 / FCF | 90.3× | 265.5× | 58.1× – 1,020.4× |
| 股价 / 净资产 | 49.7× | 18.4× | 9.1× – 33.8× |
| FCF收益率 | 1.1% | 1.1% | 0.1% – 1.7% |
| 投入资本回报率 | -24.6% | -20.6% | -30.1% – -13.5% |
| 净资产收益率 | -53.6% | -31.3% | -69.2% – -13.5% |
分析师
一致目标价 $418.03 (+36.6%)
区间 $250.00 – $525.00 · 评级 Buy
强烈买入0
买入43
持有9
卖出1
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $63.2亿 | +34.9% | $2.22 | +156.1% | 138.0× | 27 |
| FY2028 | $81.6亿 | +29.0% | $3.02 | +36.4% | 101.2× | 27 |
| FY2029 | $105亿 | +28.8% | $4.25 | +40.5% | 72.0× | 12 |
| FY2030 | $135亿 | +28.2% | $5.63 | +32.5% | 54.4× | 5 |
| FY2031 | $142亿 | +5.6% | $7.22 | +28.2% | 42.4× | 10 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Snowflake Inc.在近期10-Q / 10-K文件中标记的全部286项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $0 | – | – | – | – | – | |
| Accounts Payable, Current | $1.85亿 | $1.67亿 | +11.1% | $1.46亿 | $1.7亿 | -14.3% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $7.18亿 | $6.47亿 | +11.1% | $13亿 | $9.23亿 | +41.3% |
| Accounts Receivable, Allowance for Credit Loss | $0 | $780万 | -100.0% | $0 | $0 | – |
| Accretion (Amortization) of Discounts and Premiums, Investments | $108万 | $572万 | -81.1% | $2180万 | $4340万 | -49.8% |
| Accrued Liabilities, Current | $9.08亿 | $6.23亿 | +45.8% | $8.8亿 | $5.15亿 | +70.6% |
| Accrued Payroll Taxes, Current | $2660万 | $5290万 | -49.8% | $1810万 | $1400万 | +29.2% |
| Accrued Professional Fees, Current | $1240万 | $1460万 | -15.4% | $1600万 | $1400万 | +14.6% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $2.79亿 | $1.82亿 | +53.0% | $2.4亿 | $1.53亿 | +56.3% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$1800万 | $278万 | -746.2% | $334万 | -$224万 | +249.2% |
| Additional Paid in Capital | $125亿 | $109亿 | +14.3% | $115亿 | $104亿 | +10.8% |
| Advertising Expense | – | – | – | $1.22亿 | $1.05亿 | +16.3% |
| Amortization of Debt Issuance Costs | $208万 | $207万 | +0.3% | $830万 | $276万 | +200.8% |
| Amortization of Deferred Sales Commissions | $5970万 | $3320万 | +80.2% | $1.4亿 | $9310万 | +50.8% |
| Amortization of Intangible Assets | $4220万 | $2780万 | +51.8% | $1.1亿 | $9690万 | +13.6% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | -447万 | 5810万 | -107.7% | 5090万 | 6240万 | -18.5% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $4.24亿 | $4.04亿 | +5.1% | $16.1亿 | $15.1亿 | +6.9% |
| Asset Impairment Charges | $11.2万 | $213万 | -94.7% | $1.09亿 | $0 | – |
| Assets | $86.9亿 | $82亿 | +6.0% | $91.3亿 | $90.3亿 | +1.1% |
| Assets, Current | $34.9亿 | $46亿 | -24.0% | $57.4亿 | $58.7亿 | -2.2% |
| Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | – | – | – | $1310万 | $8770万 | -85.1% |
| Capital Expenditures Incurred but Not yet Paid | -$537万 | $321万 | -267.4% | $1720万 | $3610万 | -52.3% |
| Capitalized Computer Software, Amortization | $1700万2026-04-30 | $1680万 | +1.2% | $7160万 | $5640万 | +27.0% |
| Capitalized Computer Software, Impairments | – | – | – | $02025-01-31 | $710万 | -100.0% |
| Capitalized Contract Cost, Impairment Loss | – | – | – | $0 | $0 | – |
| Capitalized Contract Cost, Net, Current | $2.22亿 | $1.3亿 | +71.0% | $2.14亿 | $9770万 | +119.2% |
| Capitalized Contract Cost, Net, Noncurrent | $2.23亿 | $1.87亿 | +18.9% | $2.42亿 | $1.84亿 | +31.4% |
| Cash and Cash Equivalents, at Carrying Value | $17.1亿 | $18.8亿 | -9.2% | $28.3亿 | $26.3亿 | +7.6% |
| Cash and Cash Equivalents, Fair Value Disclosure | $9.98亿 | $15亿 | -33.5% | $20亿 | $22.5亿 | -11.2% |
| Cash Equivalents, at Carrying Value | $9.98亿 | $15亿 | -33.5% | $20亿 | $22.5亿 | -11.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $17.5亿 | $19.6亿 | -10.7% | $28.6亿 | $27亿 | +6.1% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$3.77亿 | -$3.59亿 | -5.1% | $1.66亿 | $9.18亿 | -82.0% |
| Common Stock, Capital Shares Reserved for Future Issuance | 1.46亿 | 1.4亿 | +4.2% | 1.33亿 | 1.28亿 | +4.0% |
| Common Stock, Par or Stated Value Per Share | $0.00 | – | – | – | – | – |
| Common Stock, Shares Authorized | 25亿 | – | – | – | – | – |
| Common Stock, Shares, Issued | 3.53亿 | – | – | – | – | – |
| Common Stock, Shares, Outstanding | 3.52亿 | – | – | – | – | – |
| Common Stock, Value, Issued | $3.5万 | $3.4万 | +2.9% | $3.4万 | $3.4万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $0 | $8.7万 | -100.0% | $258万 | -$357万 | +172.3% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | -$2.06亿 | -$3.03亿 | +32.1% | -$13.3亿 | -$12.8亿 | -3.6% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | -$2.06亿 | -$3.03亿 | +32.1% | -$13.2亿 | -$12.8亿 | -3.1% |
| Contract with Customer, Liability, Current | $25.7亿 | $22.7亿 | +13.2% | $33.5亿 | $25.8亿 | +29.7% |
| Contract with Customer, Liability, Noncurrent | $2780万 | $1150万 | +140.5% | $1440万 | $1550万 | -6.8% |
| Contract with Customer, Liability, Revenue Recognized | $11亿 | $8.28亿 | +32.9% | $22亿 | $18亿 | +22.2% |
| Convertible Debt, Noncurrent | $22.8亿 | $22.8亿 | +0.4% | $22.8亿 | $22.7亿 | +0.4% |
| Cost of Goods and Services Sold | $5.1亿 | $3.72亿 | +37.2% | $15.4亿 | $12.1亿 | +26.6% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $1920万 | $1100万 | +74.7% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $28.5万 | $80.6万 | -64.6% |
| Debt and Equity Securities, Gain (Loss) | $3480万 | -$558万 | +722.8% | – | – | – |
| Debt Securities, Available-for-sale | $26.2亿 | $27.2亿 | -3.6% | $19.6亿 | $26.7亿 | -26.6% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $73.9万 | $211万 | -65.0% | $549万 | $294万 | +86.3% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $1470万 | $202万 | +625.5% | $2.5万 | $229万 | -98.9% |
| Debt Securities, Available-for-sale, Amortized Cost | $26.4亿 | $27.2亿 | -3.0% | $19.5亿 | $26.6亿 | -26.8% |
| Debt Securities, Available-for-sale, Current | $6.38亿 | $17.1亿 | -62.6% | $12亿 | $20.1亿 | -40.2% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $6.38亿 | $17.1亿 | -62.6% | $12亿 | $20.1亿 | -40.2% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Fair Value | $23亿2026-04-30 | $26.2亿 | -12.2% | $19.6亿 | $26.7亿 | -26.6% |
| Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Fair Value | $1.4亿 | – | – | – | – | – |
| Debt Securities, Available-for-sale, Noncurrent | $19.8亿 | $10.1亿 | +95.9% | $7.55亿 | $6.56亿 | +15.0% |
| Debt Securities, Unrealized Gain (Loss) | $0 | $0 | – | – | – | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$539万 | -$629万 | +14.3% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-07-31, 10-Q 2026-04-30, 10-K 2026-01-31, 10-Q 2025-10-31, 10-Q 2025-07-31, 10-Q 2025-04-30, 10-K 2025-01-31, 10-Q 2024-10-31
上次刷新未更新（显示旧数据或无数据）：SEC segments。
数据截至 2026-11-01