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Forbes Global 2000 Customers

Revenue segments as reported by the company.

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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.

The cloud data warehouse software company reported July-quarter figures Wednesday. Analysts were mixed in their response.

Snowflake Stock Tumbling After Earnings Beat. What's Worrying Wall Street.

Snowflake stock slips 8% after the earnings report, beats top and bottom lines, but premium valuation doesn't match profitability expectations. I downgrade Snowflake to a sell due to high premium valuation at 45x this year's free cash flow. Snowflake's growth rates are expected to decelerate, profitability metrics moving in the wrong direction, making the stock excessively expensive and difficult to justify.

Snowflake Q2 2025 Earnings: Flaking Away (Rating Downgrade)

Shares in cloud data-warehouse software company Snowflake (SNOW) dropped 8% in extended trading on Wednesday after a widening net loss and rising costs overshadowed quarterly results that came in ahead of expectations. Moreover, despite the firm raising its annual revenue outlook, it left its gross margin forecast unchanged, also possibly contributing to after-hours weakness.

Watch These Snowflake Stock Price Levels After Post-Earnings Drop

Snowflake Inc. (NYSE:SNOW ) Q2 2025 Earnings Conference Call August 21, 2024 5:00 PM ET Company Participants Jimmy Sexton - Head of IR Sridhar Ramaswamy - CEO Mike Scarpelli - CFO Christian Kleinerman - EVP of Product Conference Call Participants Keith Weiss - Morgan Stanley Raimo Lenschow - Barclays Mark Murphy - JPMorgan Kirk Materne - Evercore Kash Rangan - Goldman Karl Keirstead - UBS Brent Thill - Jefferies Brad Zelnick - Deutsche Bank Mike Cikos - Needham & Company Joel Fishbein - Truist Patrick Colville - Scotiabank Michael Turrin - Wells Fargo Tyler Radke - Citi Matt Hedberg - RBC Alex Zukin - Wolfe Research Operator Good afternoon. Thank you for attending today's Snowflake Q2 and Fiscal Year 2025 Earnings Call.

Snowflake Inc. (SNOW) Q2 2025 Earnings Call Transcript

Snowflake (NYSE: SNOW ) just reported results for the second quarter of 2025. Snowflake reported earnings per share of 18 cents.

SNOW Stock Earnings: Snowflake Beats EPS, Beats Revenue for Q2 2025

Snowflake Inc. beat expectations for the latest quarter and boosted its guidance, but shares of the data-software company were still moving lower in Wednesday's extended session.

Snowflake's stock falls as guidance boost isn't enough for Wall Street

In a Wednesday interview with CNBC's Jim Cramer, Snowflake CEO Sridhar Ramaswamy said the cyber attack the enterprise software company faced earlier this year has not impacted business. "These headlines, and that's what they are, have not really affected our core business with existing or new customers," Ramaswamy said.

Snowflake says data breach has not affected core business

The headline numbers for Snowflake (SNOW) give insight into how the company performed in the quarter ended July 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Snowflake (SNOW) Q2 Earnings: A Look at Key Metrics

Snowflake Inc. (SNOW) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.22 per share a year ago.

Snowflake Inc. (SNOW) Tops Q2 Earnings and Revenue Estimates

Snowflake's (SNOW) second-quarter revenue grew from the year-ago period and beat analysts' projections, but losses widened as costs rose.

Snowflake Reports Widening Losses, Sending Its Stock Lower

Snowflake fell after the enterprise software maker reported Q2 earnings and revenue that topped estimates while guidance roughly met expectations.

Snowflake Falls As Q2 Earnings Beat, Guidance Underwhelms

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheAIDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its second quarter of fiscal 2025, ended July 31, 2024. Revenue for the quarter was $868.8 million, representing 29% year-over-year growth. Product revenue for the quarter was $829.3 million, representing 30% year-over-year growth. Net revenue retention rate was 127% as of July 31, 2024. The company now has 510 customers with trailing 12-month product revenue.

Snowflake Reports Financial Results for the Second Quarter of Fiscal 2025

Snowflake Inc. SNOW is expected to release earnings results for its second quarter, after the closing bell on Wednesday, Aug. 21.

Snowflake Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Berkshire Hathaway liquidated its stake in Snowflake in the second quarter. Snowflake still trying to resolve a massive data breach.

3 Red Flags for Snowflake's Future

Berkshire squeaked out a small profit from its investment. Berkshire investors not named Warren could have been behind this move.

Warren Buffett's Berkshire Hathaway Sells Its Snowflake Stock. Don't Follow.

Snowflake Inc SNOW stock is down 30.43% year-to-date and 13.37% over the past year.

Snowflake Shows Buying Pressure Ahead Of Q2 Earnings: Will Bullish Momentum Hold Against Long-Term Signals?

Snowflake's (SNOW) fiscal second-quarter 2025 results are likely to benefit from a strong portfolio despite margin pressure on rising GPU costs.

Snowflake (SNOW) Stock Before Q2 Earnings: To Buy or Not to Buy?

Beyond analysts' top -and-bottom-line estimates for Snowflake (SNOW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.

Curious about Snowflake (SNOW) Q2 Performance? Explore Wall Street Estimates for Key Metrics

Snowflake Inc. stock has continued to decline despite market growth, reflecting concerns about slowing business growth and rising operating costs. I consider the Q1 financial results to be weak, with a declining net revenue retention rate and poor guidance for EBIT margin. Concerns about customer retention issues following a data breach and high valuation multiples suggest a "Sell" rating for Snowflake stock before Q2 FY2025 release.

Snowflake Stock Looks Unsustainable Before Q2 Release

Warren Buffett sold his entire 6.1 million share holdings in Snowflake, the Bozeman, Montana-based provider of data storage, processing, and analytic services.

Warren Buffett Dumps 6.1 Million Snowflake Shares, Stock Slips

Wells Fargo has downgraded Snowflake Inc. (NYSE: SNOW) from “Overweight” to “Equal Weight,” slashing its price target from $200 to $130.  This move, announced ahead of Snowflake's Q2 2025 earnings report scheduled for August 21, reflects growing concerns about the company's performance and market position.

Wells Fargo downgrades Snowflake ahead of Q2 earnings: Is it time to sell?

Snowflake Inc   (NYSE:SNOW) stock is down 3.9% before the bell, after a bear note from Wells Fargo.

Wells Fargo Downgrades, Buffett Sells Snowflake Stock

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Snowflake Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

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 (SNOW): Read This Before Placing a Bet

Snowflake's solutions have fallen behind its competitors offering more comprehensive AI/ML solutions. Snowflake's management is pursuing a capital-intensive strategy to catch up with the competition, sacrificing profitability and positive free cash flows. At current prices, our assumptions suggest that Snowflake is not an interesting investment opportunity.

News for Snowflake Stock (SNOW)