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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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.

Snowflake Inc. (NYSE:SNOW ) Q2 2024 Earnings Conference Call August 23, 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 of Product Conference Call Participants Keith Weiss - Morgan Stanley Mark Murphy - JPMorgan Kirk Materne - Evercore ISI Raimo Lenschow - Barclays Karl Keirstead - UBS Kash Rangan - Goldman Sachs Brad Zelnick - Deutsche Bank Tyler Radke - Citi Brent Thill - Jefferies Michael Turrin - Wells Fargo Patrick Colville - Scotiabank Ethan Bruck - Wolfe Research Brent Bracelin - Piper Sandler Brad Reback - Stifel Derrick Wood - TD Cowen Sterling Auty - MoffettNathanson Operator Good afternoon, and thank you for joining the Snowflake Q2 Fiscal Year 2024 Earnings Conference Call. My name is Kate, and I'll be the moderator for today's call.

Snowflake Inc. (SNOW) Q2 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 July 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Snowflake Inc. (SNOW) Reports Q2 Earnings: What Key Metrics Have to Say

Snowflake Inc. (SNOW) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.01 per share a year ago.

Snowflake Inc. (SNOW) Q2 Earnings and Revenues Beat Estimates

Autodesk

NVIDIA

Splunk

Shares of NVIDIA rose more than 7% in extended trading Wednesday as the company smashed through quarterly expectations and upgraded guidance to boot. The company called for third-quarter revenue of $16 billion — compared to the $12.6 million expected on Wall Street.

The Afterhours: Nvidia; Guess, Autodesk, Snowflake, Splunk

Snowflake shares are up Wednesday evening after the company surpassed analyst expectations with its second-quarter results.  The cloud data platform company posted revenue of $674 million, up 36% year-over-year, and earnings of $0.25 per share.

Cloud data firm Snowflake dazzles with 2Q earnings beat

Snowflake earnings Wednesday topped analyst expectations and showed 36% revenue growth. SNOW stock jumped in recent aftermarket trades.

Snowflake Trounces Views On 36% Sales Growth; Shares Surge

Snowflake Inc. broke from its pattern of outlook cuts Wednesday afternoon as it kept its forecast for the full year steady, but shares of the data-software company were dipping in after-hours action.

Snowflake breaks its string of guidance cuts, but stock still moves lower after earnings

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

Even with the boom for AI stocks this year, some great companies are still trading at big discounts. But investors need to be picky with their AI plays.

A Bull Market Is Coming: Here Are 2 Magnificent Growth Stocks to Add to Your Portfolio, and 1 to Avoid

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

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.

3 Cloud Computing Stocks You'll Regret Not Buying Soon

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.

The 3 Best Machine Learning Stocks to Buy in August

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.

News for Snowflake Stock (SNOW)