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 Q4 2021

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

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.

Apple

According to Berkshire's recent filings, Warren Buffett trimmed his stake in Apple for the second time in recent months. Earlier this year Buffett revealed that some of his portfolio management revolved around his outlook on changes to the tax code.

Prediction: After Offloading Apple, This Will Be the Next Move Warren Buffett Makes With Artificial Intelligence (AI) Stocks

Palo Alto Networks

Atlassian

The surge in cloud computing stocks has been one of the defining trends of the tech sector in recent years, fueled by the accelerated shift toward digital transformation and remote work solutions. However, not all clouds have a silver lining.

3 Cloud Computing Stocks to Sell in August Before They Crash & Burn

Cisco Systems

Zoom Video

The tech sector has been an area of strength for many years. It's propelled the S&P 500 and the Nasdaq Composite to new heights.

3 Tech Stocks to Sell in August Before They Crash & Burn

Snowflake Inc. (SNOW) concluded the recent trading session at $114.82, signifying a +1.94% move from its prior day's close.

Snowflake Inc. (SNOW) Beats Stock Market Upswing: What Investors Need to Know

Salesforce

Oracle

The technology sector continued to plunge on Monday following a surprising hawkish tilt by the Bank of Japan, which caused the Japanese stock market to crater by a double-digit percentage. Still, investors seeking AI-enabled growth at a double-digit percentage discount may finally have an opportunity to do some buying.

3 Cloud Computing Stocks That Could Lead Digital Transformation

Big Lots

Trump Media & Technology Group Corp

As the markets continue to change and more economic indicators cross their yield, signaling turbulence ahead, it is time to review your investment portfolio. Due to bad conditions, it may be a good idea to reassess holdings in communication, technology, and consumer discretionary sectors.

3 Must-Sell Stocks Before the Market Crashes

New Integration Bridges Gap Between Developer and Security Teams, Advancing Developer Security Initiatives with Data-Driven Insights New Integration Bridges Gap Between Developer and Security Teams, Advancing Developer Security Initiatives with Data-Driven Insights

Snyk Announces Integration of Application Security Analytics with Snowflake AI Data Cloud

Snowflake's (SNOW) near-term prospects suffer from stiff competition and growing GPU-related costs despite an expanding portfolio and strong partner base.

Snowflake (SNOW) Slips 39% YTD: Is a Rebound on the Horizon?

Micron Technology

NVIDIA

Super Micro Computer

Taiwan Semiconductor Manufacturing

The recent meltdown has made several AI bigwigs attractive. Five such stocks are: TSM, NVDA, SMCI, MU, SNOW.

AI Frenzy is Not Over: 5 Stocks in Focus at Lucrative Valuation

The irrational overvaluation of Snowflake's IPO helped tank the stock. The company's new CEO could help position it better to compete with its ambitious rivals.

Missed Out on Palantir's Run-Up? Here's My Best Alternative Data Software Stock to Buy and Hold

Snowflake plays a vital role in AI data collection. Its growth rate remains fairly strong.

3 Reasons to Buy Snowflake Stock, and 1 Reason to Sell

Proficient Auto Logistics Inc

There's plenty to be excited about regarding machine learning (ML). As a subset of the burgeoning artificial intelligence boom, ML is used for a core facet of generative AI in which algorithms can use existing data to learn without human intervention.

The Top 3 Machine Learning Stocks to Buy Now: Summer 2024

CrowdStrike

DigitalOcean Holdings

monday.com

Cloudflare

Following a recent, widely-reported cloud computing outage incident, you may be wondering what cloud stocks to sell. Besides the company in question behind the outage, there are other cloud stocks where exiting your position is likely the best move.

7 Cloud Stocks to Sell Before You Regret It

In the latest trading session, Snowflake Inc. (SNOW) closed at $129.57, marking a +0.44% move from the previous day.

Snowflake Inc. (SNOW) Laps the Stock Market: Here's Why

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #snowflakesummit--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it will release its financial results for the second quarter of fiscal year 2025, which ends July 31, 2024, following the close of the U.S. markets on Wednesday, August 21, 2024. 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 21, 2024. Investors and participants may at.

Snowflake to Announce Financial Results for the Second Quarter of Fiscal 2025 on August 21, 2024

Snowflake stock has been pressured by competition from privately held Databricks and Google's BigQuery. Microsoft Fabric, a data analytics platform, looms as a new rival.

New CEO Faces Growing Competition, Hack Fall-Out. Is Snowflake A Buy Or Sell?

XPeng

With economic uncertainties and fluctuating market conditions and stocks to sell Thus, one must be vigilant about protecting portfolios from potential downturns. Here, the focus is on three high-risk stocks, making them prime candidates for selling before the next market collapse.

3 Stocks to Sell BEFORE the Next Market Collapse

Baidu

Celsius Holdings

Grab Holdings Ltd

Unity Software

Wolfspeed

Investors are always on the lookout for stocks at bargain prices. The thrill of identifying an undervalued asset, purchasing and watching it appreciate in value is as applicable to the stock market as any other market.

7 Bargain Stocks That Can Return 50% in a Year

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #TheDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced that it will host the Llama 3.1 collection of multilingual open source large language models (LLMs) in Snowflake Cortex AI for enterprises to easily harness and build powerful AI applications at scale. This offering includes Meta's largest and most powerful open source LLM, Llama 3.1 405B, with Snowflake developing and open sourcing the inference system stack to enable real-time,.

Snowflake Teams Up with Meta to Host and Optimize New Flagship Model Family in Snowflake Cortex AI

GRANDBY, Mass.--(BUSINESS WIRE)--GoNetspeed today announced that the Town of Grandby will soon experience upgraded technology as GoNetspeed upgrades their infrastructure to 100% fiber internet. As GoNetspeed works to install the updated infrastructure, customers in initial construction areas may now experience the future-proof, high-speed network. GoNetspeed's fully-funded $2.4 million investment will connect more than 2,200 homes and businesses throughout Grandby to high-speed 100% fiber inter.

GoNetspeed Brings Town of Grandby 100% Fiber Internet through Upgraded Technology

C3.ai

In the dynamic world of cloud computing, shifts in market dynamics can happen faster than a flash of lightning. Despite the sector's explosive growth over recent years, not all cloud companies are primed to keep soaring.

Get Your Money Out of These 3 Cloud Computing Stocks Before the End of July

Amazon

Exact Sciences

More than halfway through the year and the stock market is not done setting new all-time highs. With inflation ticking lower for the first time in four years possibly paving the way for interest rate cuts to arrive sooner than expected, investors are bidding up shares.

Goldman Sachs Says Buy These 3 Stocks for Double-Digit Returns

Although Snowflake's revenue growth and net retention rate have moderated, this is an expected trend for a company with an expanding revenue base. The company's Cortex AI is seeing robust demand from clients needing AI-enhanced data solutions.

1 No-Brainer AI-Powered Stock Down Over 40% to Buy and Hold For 10 Years

Datadog

Upstart Holdings

Snowflake will benefit from a growing need for data warehousing services. Datadog's AI-powered diagnostics platform is still expanding.

3 Beaten-Down Artificial Intelligence (AI) Stocks to Buy Hand Over Fist

Snowflake is one of the few tech stocks still trading around all time lows. Snowflake saw 33% YoY revenue growth in the most recent quarter, with a decelerating yet still incredible 128% net revenue retention rate. The stock looks attractive even without an acceleration in top-line growth.

News for Snowflake Stock (SNOW)