Total customers

Total Customers

Forbes Global 2000 Customers

Revenue segments as reported by the company.

Americas

EMEA

Asia-Pacific and Japan

United States

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

Research and development

General and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Snowflake

Snowflake, Inc. provides cloud data warehousing software. This includes the Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from rapidly growing data sets in secure, governed, and compliant ways. Its platform supports a range of use cases, including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of three independently scalable layers across storage, compute, and cloud services. The storage layer ingests massive amounts and varieties of structured and semi-structured data to create a unified data record. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases without latency. The cloud services layer optimizes each use case's performance requirements with no administration. Snowflake was founded by Marcin Zukowski, Thierry Cruanes and Benoit Dageville on July 23, 2012 and is headquartered in Bozeman, MT.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Snowflake reports robust Q1 performance, eyes AI disruption in supply chain

Snowflake's Q1 earnings call showcased strong financial performance, with a focus on AI and machine learning workloads, supply chain management, and competitive advantages. However, challenges in consumption patterns and cost scrutiny were discussed, alongside opportunities in disruptive AI technologies and long-term growth prospects.

Snowflake reports strong Q2 results, faces challenges in sales execution

Snowflake's Q2 performance was strong, but challenges exist in maintaining product revenue growth and improving sales execution. The company's focus on AI, data sharing, and new product offerings presents opportunities for future growth.

Snowflake reports robust Q3 performance and eyes AI opportunities

Snowflake's Q3 FY 2024 performance reflects strong growth in product revenue and non-GAAP adjusted free cash flow. The company's introduction of new technologies and strong customer engagement through events like the Data Cloud World Tour and the Build Developer Conference are notable. However, challenges in product gross margins and the evolving sales approach require attention. Snowflake is well-positioned to capitalize on the increasing interest in AI and the demand for advanced data solutions in large enterprises.

Snowflake reports strong Q4 growth, eyes international expansion and product innovation

Snowflake's Q4 performance reflects robust growth in product revenue, margins, and customer adoption, positioning the company well for future expansion.
While facing challenges in customer ramp-up and international performance, Snowflake's strategic strengths in partnerships, acquisitions, and financial stability provide a solid foundation for growth.
Opportunities lie in product innovation, market expansion, and operational efficiencies, signaling a positive outlook for Snowflake's continued success in the cloud data industry.
By balancing growth initiatives with cost management strategies, Snowflake aims to achieve its long-term revenue targets and enhance shareholder value through prudent investments and customer-centric focus.

Snowflake reports robust Q1 growth, eyes AI expansion and supply chain dominance

Snowflake's Q1 performance reflects strong growth in product revenue and a focus on AI-powered data solutions. Despite challenges in demand environment and consumption slowdowns, the company remains optimistic about long-term growth prospects. Snowflake's strategic acquisitions and focus on efficient growth position it well for future opportunities in AI and data management.

Snowflake reports robust Q2 growth, eyes AI strategy and partnerships

Snowflake's Q2 performance reflects strong revenue growth, customer engagement, and financial health.
Strategic strengths in AI focus, partnerships, and customer alignment position Snowflake for continued growth.
Challenges in consumption growth and sales execution optimization require attention for sustained success.
Opportunities lie in workforce expansion, data strategy enhancement, and leveraging Container Services for future growth.

Snowflake reports robust Q3 results, eyes AI opportunities and partnerships

Snowflake delivered strong Q3 performance with notable revenue growth, margin improvement, and customer acquisition, supported by innovative product introductions.
While facing challenges in legacy optimizations and NRR stabilization, Snowflake is well-positioned to leverage opportunities in AI, partnerships, and market expansion.
The company's strategic focus on sales specialization, technology advancements, and customer growth underscores its resilience and potential for sustained success.
Snowflake's market engagement, product innovation, and financial discipline position it favorably for continued growth and leadership in the cloud data platform space.

Snowflake reports robust Q4 earnings, eyes AI growth opportunities

Snowflake's Q4 FY '24 earnings call highlighted strong financial performance, innovative product offerings, and positive customer feedback, positioning the company for continued growth.
While facing challenges in consumption trends and revenue guidance, Snowflake's focus on AI initiatives and product enhancements presents opportunities for future expansion and market leadership.
With a new CEO, Sridhar Ramaswamy, at the helm and a clear long-term strategy, Snowflake aims to navigate market challenges and capitalize on its strengths to drive sustained growth and customer value.

Snowflake reports robust Q1 performance, eyes AI innovation for growth

Snowflake's Q1 performance reflects strong revenue growth and financial stability, supported by AI innovation and strategic partnerships.
Challenges include sustaining revenue growth, customer adoption of AI products, and effectively monetizing data through new features.
Opportunities in leveraging Iceberg capability, collaborations with Microsoft, and AI applications position Snowflake for continued growth and innovation.

Snowflake surpasses Q2 expectations, expands product portfolio for growth

Snowflake delivered exceptional financial results, exceeding expectations and demonstrating strong growth across key metrics. With a focus on innovation and customer satisfaction, Snowflake is well-positioned to capitalize on market opportunities and drive continued success. While facing competition and cybersecurity challenges, Snowflake's strategic initiatives and expanding product offerings bode well for future growth.

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Cost of revenue

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SG&A

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Net PPE

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Minority interest

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Book value per share

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Cash from investing

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Cash from other sources

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Free cash flow

Snowflake, Inc. engages in the provision of cloud data warehousing software. The firm offers Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from data. Its platform supports a range of use cases including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of layers across storage, compute, and cloud services. The storage layer ingests structured and semi-structured data to create a unified data record. The compute layer provides dedicated resources to enable users to access common data sets for many use cases without latency. The cloud services layer optimizes each use case's performance requirements with no administration. The company was founded by Marcin Zukowski, Thierry Cruanes, and Benoit Dageville on July 23, 2012 and is headquartered in Bozeman, MT.

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Snowflake's (SNOW) first-quarter fiscal 2024 results reflect growth in product revenues and customer-base expansion amid higher expenses.

Snowflake (SNOW) Q1 Earnings Top Estimates, Revenues Rise Y/Y

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NVIDIA

Cloud giant Snowflake is seeing its shares getting clobbered after issuing a disappointing outlook. That stands in contrast to the upbeat growth forecast from chip maker Nvidia.

Nvidia Stock Is Soaring, but It's Winter for Snowflake. A Tale of Two AI Plays.

Snowflake recognizes the game-changing promise of the AI market and takes a sharp strategic turn in that direction. The company saw a 91% year-over-year increase in AI-related activity on its platform, and that's just the beginning.

Snowflake's AI Pivot: What It Means for Your Portfolio

Snowflake Inc. again cut its outlook for the year, and its stock is tanking. But did the company go far enough in resetting expectations?

Snowflake stock plummets as Wall Street wonders whether latest cut is indeed the last

Snowflake Inc shares fell 16% to $148.15 in early Thursday trading after the cloud software company announced first-quarter 2024 revenue that rose 48% year over year to $624 million, along with adjusted earnings per share of $0.15, surpassing the Refinitiv consensus estimate on both the top and bottom lines. The company, though, issued weaker-than-expected 2Q and full-year guidance as growth for cloud computing partners such as Amazon.com slows.

Snowflake stock drops on weaker guidance even as 1Q results beat estimates

Snowflake handily beat expectations in its most recent quarter but management noted a troubling trend. The company believes its growth will slow more than expected this year although it doesn't believe its long-term revenue target is in jeopardy.

Here's Why Snowflake Stock Sank Like a Rock Today

Cloud-computing concern Snowflake Inc   (NYSE:SNOW) reported better-than-expected first-quarter earnings and revenue after yesterday's close, but a dismal second-quarter outlook is weighing on the shares.

Snowflake Stock Eyeing Worst Day Ever After Earnings

Snowflake Inc. (NYSE:SNOW ) Q1 2024 Earnings Conference Call May 24, 2023 5:00 PM ET Company Participants Jimmy Sexton - Investor Relations Frank Slootman - Chairman and Chief Executive Officer Mike Scarpelli - Chief Financial Officer Christian Kleinerman - Senior Vice President of Product Conference Call Participants Mark Murphy - J.P. Morgan Kash Rangan - Goldman Sachs Keith Weiss - Morgan Stanley Alex Zukin - Wolfe Research Raimo Lenschow - Barclays Brad Zelnick - Deutsche Bank Karl Keirstead - UBS Patrick Walravens - JMP Kirk Materne - ISI Brent Thill - Jefferies Gregg Moskowitz - Mizuho Brad Reback - Stifel Tyler Radke - Citi Brent Bracelin - Piper Sandler Derrick Wood - TD Cowen Sterling Auty - MoffettNathanson Michael Turrin - Wells Fargo Operator Good afternoon.

Snowflake Inc. (SNOW) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Snowflake Inc. (SNOW) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Snowflake Inc. (SNOW) Q1 Earnings: A Look at Key Metrics

Despite an earnings report that showed poor guidance, CEO of data cloud company Snowflake Frank Slootman is firm in his optimism about the company's future.

Despite poor guidance, Snowflake CEO says he is optimistic about the future

Snowflake Inc. (SNOW) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.01 per share a year ago.

Snowflake Inc. (SNOW) Surpasses Q1 Earnings and Revenue Estimates

Snowflake announced today it has agreed to acquire Neeva, a search startup founded by former Google executives, for an undisclosed amount.

Snowflake acquires Neeva, days after the search startup pivots to enterprise

Stock market indexes lost ground on Wednesday. Nvidia stock moved sharply higher on hopes that AI will spark a massive sales increase.

Why AI Hype Lifted Nvidia but Not Snowflake Stock

Snowflake is all about managing data in the cloud, whether as part of a structured data warehouse, or less structured data lake. Neeva, a search startup from two former Google employees, has been all about search, working on both a consumer and enterprise offering.

Snowflake acquires Neeva to bring intelligent search to its cloud data management solution

Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.

Snowflake shares plunge 12% on guidance miss, acquisition of search startup Neeva

Snowflake earnings topped estimates but SNOW stock plunged as its product revenue outlook for the July quarter missed analyst expectations.

Snowflake Stock Plunges On Weak Outlook Amid Slower Cloud Computing Growth

Shares of Snowflake Inc. were sinking 12% in after-hours trading Wednesday after the data-software company topped expectations with its latest results but cut its outlook for the full year.

Snowflake slashes forecast, stock slumps after earnings

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, today announced the appointment of Steve B. Burke to its Board of Directors, effective immediately. John McMahon will step down from the Snowflake board after the company's annual meeting on July 5. Snowflake thanks Mr. McMahon for his 10 years of service on the Board. “We're delighted to have Steve join Snowflake's Board of Directors,” said Frank Slootman, Snowflake Chairman and CEO. “Steve's highl.

Steve B. Burke Joins Snowflake Board of Directors

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, today announced financial results for its first quarter of fiscal 2024, ended April 30, 2023. Revenue for the quarter was $623.6 million, representing 48% year-over-year growth. Product revenue for the quarter was $590.1 million, representing 50% year-over-year growth. The company now has 373 customers with trailing 12-month product revenue greater than $1 million and 590 Forbes Global 2000 customer.

Snowflake Reports Financial Results for the First Quarter of Fiscal 2024

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Snowflake Inc. shares have gained 23% over the past month, and the data-software company is about to show whether that rally was justified.

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Until recently, growth stocks have badly struggled. Not just in 2023, but for all of 2022, and many struggled in 2021.

News for Snowflake Stock (SNOW)