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▌Earnings Flash·September 2, 2026

Snowflake Inc. (SNOW) jumps on earnings beats, up 16.9%

Snowflake Inc. (SNOW) jumps after reporting earnings beats, with shares up 16.9% as investors react to stronger-than-expected results and upbeat guidance.

Earnings FlashSNOWTechnologySoftware - Application
By TickerSpark·September 2, 2026·2 min read
Snowflake Inc. (SNOW) jumps on earnings beats, up 16.9%
▌Key Takeaway
Snowflake Inc. (SNOW) delivered a clean double beat, posting EPS of $0.62 versus $0.4468 expected and revenue of $1.55 billion versus $1.48 billion estimated. Shares jumped 16.87% to $373.75 after hours, signaling that investors are rewarding the company’s stronger near-term growth and profitability profile. The key test now is whether management’s forward guidance can sustain the momentum into the next regular session.

Snowflake Inc. (SNOW) earnings beat, stock jumps

Snowflake Inc. (SNOW) beat estimates with EPS of $0.62 and revenue of $1.55B, sending shares up 16.87% to $373.75 in after-hours trading.

Key Numbers

  • EPS: $0.62 actual vs. $0.4468 estimated, a beat.

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Revenue: $1.55B actual vs. $1.48B estimated, a beat.
  • After-hours price: $373.75, up 16.87% from the $319.80 regular-session close.
  • Reported session volume: 10,770,913 shares vs. 5,471,955 average.
  • EPS has beaten estimates in each of the five quarters listed, including $0.39 vs. $0.3193 in the prior quarter.
  • A Double Beat Raises the Bar for SNOW

    The result is a clean double beat. Revenue of $1.55B topped the $1.48B estimate, while EPS of $0.62 exceeded the $0.4468 forecast. That pairing gives SNOW's growth narrative a firmer near-term foundation than a profit beat alone.

    Investors repriced the stock quickly after the numbers. SNOW reached $373.75 after hours versus $319.80 at the prior close, while reported volume exceeded the 5.47M average. The 16.87% jump raises the bar for follow-through in the next regular session.

    The five-quarter streak adds an important layer to the story. SNOW has beaten EPS estimates in every quarter listed, and the latest $0.62 result stands above the prior quarter's $0.39. On the earnings call, revenue growth, the forward outlook, and profitability will frame whether this double beat extends that pattern.

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    Bottom Line

    SNOW delivered a strong double beat and a powerful after-hours repricing, with the next regular session and forward outlook now setting the test for durable momentum.

    Read the full SNOW research report
    ▌Common Questions

    Frequently asked questions

    +Why did Snowflake stock jump after earnings?
    Snowflake Inc. (SNOW) jumped after reporting a double beat, with EPS of $0.62 versus $0.4468 expected and revenue of $1.55 billion versus $1.48 billion estimated. The stock rose 16.87% to $373.75 in after-hours trading from the $319.80 close.
    +Did Snowflake beat earnings and revenue estimates?
    Yes. Snowflake Inc. (SNOW) reported EPS of $0.62, above the $0.4468 estimate, and revenue of $1.55 billion, above the $1.48 billion forecast. That combination is a strong double beat.
    +How much did SNOW rise after its earnings report?
    SNOW rose 16.87% in after-hours trading, reaching $373.75. That was up from the regular-session close of $319.80.
    +What does Snowflake's latest earnings report mean for investors?
    The report strengthens Snowflake’s near-term growth story because it showed both faster-than-expected revenue and better-than-expected profitability. Investors will now focus on the company’s forward outlook and whether the stock can hold its post-earnings gains.
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    ▌More on SNOW

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