As of Q4'26 (2026-01-31), Snowflake's latest operating return metrics remain negative across all categories: ROA stands at -3.39%, ROE at -15.33%, and ROIC at -6.68%. This indicates continued challenges in generating positive returns from assets, equity, and invested capital as of the most recent quarter. Over the period from Q1'24 to Q4'26, the chart shows a persistent negative trend for all three metrics, with notable volatility and a general deterioration, especially in ROE, which declined sharply from -4.27% in Q1'24 to a low of -17.86% in Q1'26 before slightly recovering. ROA and ROIC also experienced declines, though less severe, with occasional minor improvements. Overall, the data highlights ongoing profitability pressures for Snowflake throughout the observed timeframe.