In the latest fiscal period Q1'27, Snowflake reported a Gross Margin of 66.61%, while the Operating Margin and Net Profit Margin stood at -23.45% and -21.25% respectively. These figures reflect a continued narrowing of losses compared to the previous fiscal year, highlighting an improvement in the company's bottom-line efficiency. From Q2'24 to Q1'27, the Gross Margin remained relatively stable within a range of 65.9% to 68.8%, demonstrating consistent core profitability. Notably, both Operating and Net Profit Margins showed a significant recovery trend starting from Q1'26, moving from lows of -42.92% and -41.3% toward their best levels in the reported period. This upward trajectory suggests successful operational scaling and optimized expense management despite remaining in negative territory.