As of Q4’26 (2026-01-31), Snowflake reported a net loss of USD 310M, representing a year-over-year improvement of 5.5%. This marks a reduction in net loss compared to the previous quarter, continuing a positive YoY trend seen in the last three quarters. Analyzing the period from Q1’24 to Q4’26, Snowflake’s net income has consistently remained negative, with losses deepening notably in Q1’26 (USD 430M). However, after this peak, the company has shown sequential improvement, with net losses narrowing in subsequent quarters. The YoY growth rate, while negative for much of the period, turned positive in Q2’26 and has remained so, indicating a gradual recovery in profitability despite ongoing losses.