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.

Management believes it is sitting on a gold mine of data.

You Won't Believe What Snowflake's CEO Just Said

Airbnb

Adlai Nortye Ltd

ARM Holdings PLC

Instacart (Maplebear Inc.)

Renaissance IPO ETF

Renaissance International IPO ETF

Inspire Veterinary Partners Inc

Gamer Pakistan Inc

There was just one pricing this past week, which was excluded from our IPO stats, while holdover biotech Adlai Nortye did not get done. Filing activity reached a six-month high in August, and six issuers filed to raise $100 million or more, the most since January. Veterinary hospital operator Inspire Veterinary Partners priced at the low end to raise $6 million at a $41 million market cap.

U.S. IPO Weekly Recap: August Wraps Up With 1 Nano-Cap

After Instacart published its IPO prospectus on Monday, a disclosure regarding the company's use of Snowflake technology created an unexpected controversy.

Instacart's IPO filing sparked an online spat between cloud rivals Snowflake and Databricks

Management indicated that customers are showing strong interest in AI. Thanks to a recent tie-up with Nvidia, Snowflake can offer clients AI capabilities that draw from their data sets.

How Artificial Intelligence Helped Power This Tech Company to Double-Digit Growth

Snowflake's full-year revenue guidance wasn't as strong as analysts were anticipating. However, the company's huge addressable market and the impressive growth in its customer base should help it step on the gas.

1 No-Brainer Tech Stock to Buy Hand Over Fist Before It's Too Late

The cloud computing company's top line increased by 36% last quarter. Its growth rate, however, has been falling and could deteriorate further.

This Is Snowflake's Biggest Problem Right Now

Snowflake's software is a key part of the data infrastructure needed for AI. Heavy stock-based compensation causes two problems for shareholders.

Is Snowflake a Top AI Stock to Buy Now?

Asana

monday.com

ServiceNow

NVIDIA

Zoom Video

Enterprise software stocks have been beaten up badly over the last year. Fears of slowing growth, high valuations, and looming recession have all played a part.

Here are 5 Beaten Up Enterprise Software Stocks Ready to Rebound

Amazon

Amazon has increased revenue by more than $400 billion in the past decade.   The data boom is just getting started, and Snowflake is poised to benefit.

A Bull Market Is Coming: 2 Warren Buffett Growth Stocks Down 29% and 63% to Buy Right Now

Chevron

General Motors

Coca-Cola

Kroger

Visa

The man known as the Oracle of Omaha is 92 years old and about to turn 93, which tells you plenty about Warren Buffett stock picks. He's been at this investing thing for longer than many of you and your significant other have been alive.

The 7 Most Promising Warren Buffett Stocks to Own Now

Data is at the core of developing artificial intelligence.

Great News for Snowflake Stock Investors

ASML Hld

Palo Alto Networks

ASML is the linchpin of the global semiconductor market. Snowflake's cloud-based data warehouses will keep locking in big customers.

Tech Stocks Will Likely Soar in 2023. Here Are 3 Hot Stocks to Buy to Capitalize on Their Potential

Snowflake just reported financial results for its fiscal 2024 second quarter (ended July 31). Despite slowing revenue growth, there were positive signs it might be near a bottom.

Down 62%, This AI Stock Is Owned by Warren Buffett's Investment Firm -- and You Might Want to Buy It, Too

Snowflake's top-line growth has been decelerating rapidly, and management expects growth to slow again during the current quarter. There are a few good reasons to believe Snowflake's decelerating growth rate is nearing a trough.

1 Big Risk for Snowflake Stock (and How Snowflake Could Overcome It)

Advanced Micro Devices

Broadcom

Marvell Technology

Taiwan Semiconductor Manufacturing

For years the buzz was that artificial intelligence (AI) was the next big thing. As usual, when it comes to technology innovation, the opening salvos from private equity and others took quite a while to catch up with reality.

Why 5 ‘Strong Buy' Top Technology AI Winners Could Explode Higher Like Nvidia

Datadog

Snowflake and Datadog both face near-term macro headwinds. Both stocks are much cheaper than they were back in late 2021.

Better Growth Stock: Snowflake vs. Datadog

The data cloud specialist's quickly decelerating top-line growth is a reason for skepticism. It's not clear yet that growth will reaccelerate next year.

Analysts Remain Bullish on Snowflake Stock. But Are They Right?

Palantir Technologies

We have entered the age of generative artificial intelligence ( AI ), and as a result, machine learning stocks are suddenly much more important. Machine learning is the process by which computers adapt without following explicit instructions.

3 Millionaire-Maker Machine Learning Stocks to Hold Through Thick and Thin

Snowflake's Q2 earnings easily beat analysts' expectations. Its growth is cooling off, but it's still on track to hit its fiscal 2029 targets.

Is Snowflake Stock a Buy?

Snowflake is forecasting another slowdown in revenue growth for its next quarter, despite AI hardware sales heating up. The company reported some customer metrics were improving, but it will take time for new AI work to trickle down to Snowflake.

Snowflake Stock Isn't Getting a Bump From Nvidia AI Yet -- Will That Change, and When?

Shares of Snowflake are down more than 5% Thursday despite rising in premarket trading on a second quarter expectations beat. Analysts at Wedbush issued a Neutral rating and $144 price target following the results.

Snowflake's 3Q guidance may be too conservative, analysts say

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

Snowflake (SNOW) Q2 Earnings Top Estimates, Revenues Up Y/Y

Snowflake (NYSE: SNOW ) stock is on the move Thursday following the release of the company's second-quarter earnings report for fiscal 2024. Snowflake posted adjusted earnings per share of 22 cents during the second quarter of the year.

Snowflake (SNOW) Stock Is Sliding Despite AI Hopes

Johnson & Johnson

Kenvue

Petco Health and Wellness

Autodesk

C3.ai

Ally Financial

Bowlero Corp

Discover

Ford Motor Company

Martin Marietta Materials

Toll Brothers

Vulcan Materials

Walgreens

Williams-Sonoma

Here are some of the tickers on my radar for Thursday, Aug. 24, taken directly from my reporter's notebook.

News for Snowflake Stock (SNOW)