Earnings Beat, Raised AI Guidance, and Summit Launch Drive SNOW's 8.73% Gain
Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.63B | $2.81B | $2.07B | $1.22B | $592.05M | $264.75M | $96.67M |
| Cost of Revenue | $1.21B | $898.56M | $717.54M | $458.43M | $242.59M | $116.56M | $51.75M |
| Gross Profit | $2.41B | $1.91B | $1.35B | $760.89M | $349.46M | $148.19M | $44.91M |
| Gross Margin | 66.50% | 67.98% | 65.26% | 62.40% | 59.03% | 55.97% | 46.46% |
| Operating Expenses | $3.87B | $3.00B | $2.19B | $1.48B | $893.40M | $506.28M | $230.38M |
| Operating Income | $-1.46B | $-1.09B | $-842.27M | $-715.04M | $-543.94M | $-358.09M | $-185.47M |
| Operating Margin | -40.15% | -39.01% | -40.77% | -58.64% | -91.87% | -135.26% | -191.86% |
| Net Income | $-1.29B | $-836.10M | $-796.71M | $-679.95M | $-539.10M | $-348.54M | $-178.03M |
| Net Margin | -35.45% | -29.79% | -38.57% | -55.76% | -91.06% | -131.65% | -184.17% |
| EPS (Basic) | $-3.86 | $-2.55 | $-2.50 | $-2.26 | $-1.87 | $-1.26 | $-0.75 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A |