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Forbes Global 2000 Customers

Revenue segments as reported by the company.

Americas

EMEA

Asia-Pacific and Japan

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

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

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Year over year growth in Revenue and Operating Expenses.

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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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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.

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, today announced financial results for its second quarter of fiscal 2024, ended July 31, 2023. Revenue for the quarter was $674.0 million, representing 36% year-over-year growth. Product revenue for the quarter was $640.2 million, representing 37% year-over-year growth. The company now has 402 customers with trailing 12-month product revenue greater than $1 million and 639 Forbes Global 2000 customer.

Snowflake Reports Financial Results for the Second Quarter of Fiscal 2024

Software customers spent the past few quarters “optimizing” their spending, and Snowflake Inc. is about to show whether those pressures are mitigating.

Snowflake earnings: What to expect from the software company

CrowdStrike

C3.ai

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

Snowflake (SNOW) to Post Q2 Earnings: What's in the Offing?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Brokers Suggest Investing in Snowflake Inc. (SNOW): Read This Before Placing a Bet

Marvell Technology

NVIDIA

Workday

Nvidia and Marvell Technology are high-profile names on the earnings calendar in a fairly busy week of reports in the technology sector.

AI Stocks Nvidia, Marvell Technology Highlight Earnings Calendar, Along With Software Giants Snowflake, Workday

The data cloud specialist reports fiscal second-quarter results on Wednesday. Though Snowflake is still growing fast, its growth rate has been coming down meaningfully recently.

Snowflake Stock: Time to Buy the Dip?

MADISON, Wis.--(BUSINESS WIRE)--WellStack is partnering with Snowflake to help healthcare organizations accelerate their analytics journey and drive stronger outcomes.

WellStack Joins Snowflake Partner Network to Accelerate Analytics Journey through AI and ML Solutions

Advanced Micro Devices

Salesforce

Billionaire investor George Soros loaded up on AI chip makers while dumping stakes of some large cloud software names, according to a Securities and Exchange Commission filing late Friday.

George Soros loads up on AI chip-makers Nvidia and AMD; sells Salesforce and Snowflake

Apple

Amazon

Global X Robotics & Artificial Intelligence ETF

Renaissance IPO ETF

JPMorgan Ultra-Short Income ETF

SPDR S&P Insurance ETF

First Trust Low Duration Strategic Focus ETF

Proshares Online Retail ETF

Technology Select Sector SPDR Fund

Veteran investor Warren Buffett's Berkshire Hathaway reported second-quarter earnings in late last week. These are lessons we have learnt from the release.

ETF Lessons to Learn from Berkshire Earnings

Having rallied as much as 60% since the start of the year, big data stock Snowflake Inc NYSE: SNOW has been taking a breather for the past month. Shares are down 20%, and while some bears are calling for an even greater dip, we see more reasons to like Snowflake than hate them right now.

3 Reasons To Love Snowflake 1 Reason to be Cautious

BOSTON--(BUSINESS WIRE)--Metaplane became the first data observability tool ever to achieve Snowflake Technical Validation, part of Snowflake's official partner program, created to give customers reassurance that integration standards between tools are up to par. Snowflake's partnership tier certifications are based on the number of joint customers and the quality of the integration. After reaching a particular partnership tier, eligible partners can apply for a Technical Validation certificati.

Metaplane Achieves Snowflake's Technical Validation

DigitalOcean Holdings

Microsoft

Roughly 10 years ago, cloud computing was the hot trend and term of the investment community much like AI stocks today. Only it wasn't a flash in the pan.

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ServiceNow

Palantir Technologies

In today's changing stock market, the best machine learning stocks to buy are grabbing attention. The frenzy surrounding the sector stems from the transformative nature of the technology.

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Alphabet

Cloud computing has witnessed strong rebound on the back of emerging tech trends. The ISE CTA Cloud Computing Index is up 35.8% this year. In Q1, spending on global cloud infrastructure rose $10 billion from Q1 2022.

Head In The Clouds: These Cloud Stocks Are Benefitting From This Year's Top Tech Trends

Accenture Plc

Innovations in electricity and personal computers unleashed investment booms of as much as 2% of U.S. GDP as the technologies were adopted into the broader economy.

Goldman Sees $1.5 Trillion Flowing To AI. Here's Where To Invest

Tech stocks for your stock market watchlist today.

What Stocks To Buy Today? 2 Tech Stocks For Your Watchlist

This cybersecurity company should benefit from its ability to leverage crowdsourcing to its advantage. This cloud-infrastructure stock has faced rough seas, but it holds an ocean of potential.

3 Top Cloud Stocks to Buy in August

Berkshire Hathaway CEO Warren Buffett has been running circles around the broader market for nearly six decades. Artificial intelligence (AI) is expected to add $15.7 trillion to the global economy by 2030.

47% of Warren Buffett's $375 Billion Portfolio Is Invested in 3 Artificial Intelligence (AI) Stocks

Datadog

Software stocks including Datadog Inc. DDOG, +0.25% and Snowflake Inc. SNOW, -2.16% got a lift in Thursday's after-hours action after Amazon.com Inc. AMZN, +0.55% gave upbeat commentary about its AWS cloud-computing business alongside its latest earnings. Amazon posted 12% growth for AWS, with Chief Executive Andy Jassy calling out in the earnings release that this closely watched part of the business “stabilized as customers started shifting from cost optimization to new workload deployment.

Datadog, Snowflake stocks rise after Amazon's upbeat AWS commentary

Traders who think Snowflake will not reclaim the 50-day line could look at a bear call spread.

As SNOW Stock Tumbles, Could This Bearish Option Strategy Profit?

In the world of technology, machine learning has become a core discipline. Companies around the world are leveraging this technology to make smarter decisions, improve efficiency and gain competitive advantages.

If You Can Only Buy One Machine Learning Stock, It Better Be One of These 3 Names

ACM Research

Adobe

Entegris

Yum China Hlds

The Federal Reserve recently lifted interest rates to their highest level in 22 years. The fed funds target rate now sits at 5.25% to 5.5%.

7 Growth Stocks That Are Still Great Buys Even as Interest Rates Peak

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, today announced it will release its financial results for the second quarter of fiscal year 2024, which ends July 31, 2023, following the close of the U.S. markets on Wednesday, August 23, 2023. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on August 23, 2023. Investors and participants may atten.

Snowflake to Announce Financial Results for the Second Quarter of Fiscal 2024 on August 23, 2023

The valuation of Snowflake stock, the biggest software IPO ever, remains controversial. Here is what technical analysis says about buying SNOW stock.

News for Snowflake Stock (SNOW)