Snowflake Inc. (SNOW) is set to announce its fourth-quarter fiscal 2026 results on February 25, 2026. The Zacks Consensus Estimate anticipates earnings of 27 cents per share, marking a 10% year-over-year decline, while revenue is expected to reach $1.25 billion, representing a 26.85% increase year-over-year.
For the entire fiscal year 2026, the consensus estimates project earnings of $1.20 per share (up 44.58% year-over-year) and revenues of $4.65 billion (up 28.20% year-over-year). Snowflake’s current net revenue retention rate stands at 125%, with a customer base that grew 19% year-over-year to 12,062 customers. Furthermore, the company expects product revenues for Q4 fiscal 2026 to fall between $1.195 billion and $1.2 billion.
Despite positive projections, SNOW’s stock has decreased by 11.3% over the past six months, contrasting with a 10.7% rise in the Zacks Computer & Technology sector. Snowflake’s stock is currently perceived as overvalued, trading at a Price/Sales ratio of 10.19, significantly higher than the sector’s average of 3.93.
