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SNOW Net Income

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Snowflake (SNOW) reported a net loss of -295.57M USD for the latest quarter ending Q1'27. This represents a significant year-over-year improvement of 31.28% compared to the same period in the previous fiscal year. From Q2'24 to Q1'27, the company's net income has remained consistently negative, with losses widening significantly during FY2025 and peaking at -430.09M USD in Q1'26. However, the trend since Q2'26 suggests a period of relative stabilization and narrowing losses, characterized by four consecutive quarters of positive year-over-year growth. Despite this recent moderating trend in net loss magnitude, the overall financial performance reflects ongoing profitability challenges within the observed timeframe.