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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

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.

Advanced Micro Devices

Amazon

ASML Hld

Alphabet

Microsoft

NVIDIA

Machine learning is a subfield of artificial intelligence. It is focused on enabling computers to learn from data without being programmed to do so.

If You Can Only Buy One Machine Learning Stock in December, It Better Be One of These 7 Names

Nutanix

Construction Partners

After easily surpassing their quarterly earnings expectations on Wednesday a few top-rated Zacks stocks are rising in today's trading session.

Don't Overlook These Top-Rated Stocks After Earnings

Amid a slow session on Wall Street Thursday, cloud computing specialist Snowflake (NYSE: SNOW ) brightened the mood with a strong performance for the third quarter. Beating analysts' projections on both the top and bottom lines, Snowflake justified the support provided by institutional investors.

5 Investors Betting Big on Snowflake (SNOW) Stock

Snowflake reported quarterly results that exceeded expectations, and raised its full-year outlook. The company is down off of its highs, but sees macro conditions improving.

Why Snowflake Stock Is Floating Upward Today

Snowflake (SNOW) shares rose close to 5% in early trading Thursday after reporting better-than-expected quarterly results and guidance as the market for its cloud data warehousing services improved.

Snowflake Shares Surge on Profit and Sales Beat, Citing 'Stabilizing' Environment

Snowflake's (SNOW) third-quarter fiscal 2024 results reflect continuing growth in product revenues, driven by customer-base expansion.

Snowflake (SNOW) Q3 Earnings Top Estimates, Revenues Up Y/Y

Snowflake stock was rising as the market welcomed results that appeared to signal improving demand. However, some on Wall Street are calling for caution.

Snowflake Calls a Cloud Recovery. Not Everyone Is Buying It.

Demand for its AI chips, along with a recovering PC market, should help drive AMD. Snowflake's data platform is playing a major role in its customers' AI strategy.

2 Growth Stocks to Buy Before the Big Bull Rally

Apple

AbbVie

AMC Entertainment

Salesforce

Altamira Therapeutics Ltd

Disney

GameStop

Unlimited HFND Multi-Strategy Return Tracker ETF

ImmunoGen

Pure Storage

RedHill Biopharma

Tesla

Ulta Beauty

Stocks are poised for an upbeat finish to the best month of gains for 2023, as the fever pitch around Fed rate cuts next year grows. It's all teeing up nicely for that Santa rally, maybe.

These advisers say markets are expecting unrealistic outcomes. Here are some alternatives.

Consumption-oriented software businesses have experienced a tough recent stretch, but Snowflake Inc. is winning cheers Thursday for showing signs of improvement.

Snowflake boosts outlook for first time in a year — and it could be conservative

Software-as-a-service stocks have rebounded sharply in November's rally. Salesforce.com and Snowflake both reported strong financial results for their fiscal third quarters.

SaaS Stocks Are Back in Business -- and These 2 Are Soaring

Snowflake Inc. (NYSE:SNOW ) Q3 2024 Earnings Conference Call November 29, 2023 5:00 PM ET Company Participants Jimmy Sexton - Head of Investor Relations Frank Slootman - Chairman and Chief Executive Officer Mike Scarpelli - Chief Financial Officer Christian Kleinerman - Senior Vice President, Product Conference Call Participants Mark Murphy - JPMorgan Raimo Lenschow - Barclays Kirk Materne - Evercore ISI Brad Reback - Stifel Ethan Bruck - Wolfe Research Brent Thill - Jefferies Patrick Colville - Scotiabank Tyler Radke - Citi Brent Bracelin - Piper Sandler Derrick Wood - TD Cowen Joel Fishbein - Truist Mike Cikos - Needham Owen Hobbs - JMP Gregg Moskowitz - Mizuho Will Power - Baird Operator Good afternoon. Thank you for attending today's Q3 FY 2024 Snowflake Earnings Conference Call.

Snowflake Inc. (SNOW) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Snowflake Inc. (SNOW) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Snowflake Inc. (SNOW) Reports Q3 Earnings: What Key Metrics Have to Say

We're now one day from closing out the month of November, and gains to this point have been excellent.

Markets Mixed as November Trading Nearly Over; CRM, SNOW Beat; PVH Mixed

Snowflake Inc shares gained as much as 7% in Wednesday's after-hours session after the Data Cloud company's third quarter fiscal 2024 financial results beat the analyst consensus forecast on both the top and bottom lines.  Snowflake generated adjusted earnings per share (EPS) for the quarter of $0.25 on revenue that rose 32% year-over-year to $734.2 million.

Snowflake stock climbs as 3Q results top estimates; stabilization seen

NetEase

Unity Software

Despite widespread economic concerns, Americans are actively engaging in holiday spending. While broader economic worries persist, individuals are significantly increasing expenditures on seasonal gifts.

The 3 Best Virtual Reality Stocks That Will Mint Future Millionaires

Snowflake reported Q3 earnings and revenue that topped estimates amid stabilizing growth at cloud computing partner Amazon.com.

Snowflake Earnings, Revenue Top Estimates As Cloud Spending Rebounds

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, today announced financial results for its third quarter of fiscal 2024, ended October 31, 2023. Revenue for the quarter was $734.2 million, representing 32% year-over-year growth. Product revenue for the quarter was $698.5 million, representing 34% year-over-year growth. The company now has 436 customers with trailing 12-month product revenue greater than $1 million and 647 Forbes Global 2000 custom.

Snowflake Reports Financial Results for the Third Quarter of Fiscal 2024

Snowflake (SNOW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Snowflake (SNOW) Ahead of Earnings?

CrowdStrike

Workday

Currently in the top 13% of over 250 Zacks industries, these Zacks Internet-Software Industry stocks are expected to post stellar quarterly growth as easing inflation continues to bode well for the broader technology sector.

3 Intriguing Internet-Software Stocks to Buy as Earnings Approach

Micron Technology

Palantir Technologies

As technology advances, more and more specific areas are appearing within the sector, specialized in specific tasks, such as data analysis, artificial intelligence ( AI ) and machine learning. The last category, by the way, is completely indispensable for our technological development and the simplification of complex tasks.

3 Machine Learning Stocks That Could Be Multibaggers in the Making

Adobe

Arista Networks

Cognizant Technology Solutions

Palo Alto Networks

It's been a wild ride for generative AI platform ChatGPT and its financial backer Microsoft Corp. NASDAQ: MSFT. While those two companies, along with chip designer Nvidia Corp. NASDAQ: NVDA are among the companies most closely associated with the AI trend, plenty of other stocks are poised to rise as AI delivers on its potential.

AI revolution: 3 stocks set to soar as technology evolves

Snowflake's (SNOW) fiscal third-quarter results are likely to reflect gains from an increasing clientele and an expanding partner base.

Snowflake (SNOW) to Post Q3 Earnings: What's in the Offing?

Samsara

Zscaler

The post-Thanksgiving earnings calendar is filled with reports in the software sector, including Dow Jones stock Salesforce.com.

Earnings Calendar Spotlight: 7 Fast-Growing Software Stocks To Watch

While consumption headwinds are easing, it will take time for Snowflake's business to recover. The impact of AI on Snowflake's business is uncertain and may take time to materialize, potentially setting investors up for near-term disappointment. Snowflake's high valuation poses a downside risk if growth fails to stabilize in the coming quarters.

News for Snowflake Stock (SNOW)