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As of Q4'26 (2026-01-31), SNOW's EV/EBITDA ratio stands at -207.04, representing a significant deterioration from the previous quarter's value of -74.77. This sharp decline in the latest data point indicates a substantial negative shift in the company's valuation relative to its EBITDA. Over the period from Q1'24 to Q4'26, the EV/EBITDA ratio for SNOW has remained consistently negative, with values generally fluctuating between -46.36 and -83.62 before the dramatic drop in Q4'26. The trend shows periods of moderate improvement, such as in Q2'25 (-46.36), followed by renewed declines. The abrupt plunge to -207.04 in Q4'26 marks the most significant negative inflection in the series, suggesting either a sharp decrease in EBITDA or a change in enterprise value, and highlights increased volatility and potential financial stress at the end of the observed timeframe.