← Snowflake Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $96.7m |
$264.7m
+173.88%
|
$592.0m
+123.63%
|
$1.2b
+105.95%
|
$2.1b
+69.41%
|
$2.8b
+35.86%
|
$3.6b
+29.21%
|
$4.7b
+29.16%
|
$5.0b
+7.45%
|
|
| Cost of revenue | $51.8m |
$116.6m
+125.22%
|
$242.6m
+108.13%
|
$458.4m
+88.98%
|
$717.5m
+56.52%
|
$898.6m
+25.23%
|
$1.2b
+35.18%
|
$1.5b
+26.60%
|
$1.7b
+7.52%
|
|
| Gross profit | $44.9m |
$148.2m
+229.95%
|
$349.5m
+135.82%
|
$760.9m
+117.73%
|
$1.3b
+77.18%
|
$1.9b
+41.53%
|
$2.4b
+26.41%
|
$3.1b
+30.45%
|
$3.4b
+7.41%
|
|
| Research and development | $68.7m | $105.2m | $237.9m | $466.9m | $788.1m | $1.3b | $1.8b | $2.0b | $2.0b | |
| Sales and marketing | $125.6m | $293.6m | $479.3m | $744.0m | $1.1b | $1.4b | $1.7b | $2.1b | — | |
| General and administrative | $36.1m | $107.5m | $176.1m | $265.0m | $295.8m | $323.0m | $412.3m | $549.7m | $468.8m | |
| Total operating expenses | $230.4m | $506.3m | $893.4m | $1.5b | $2.2b | $3.0b | $3.9b | $4.6b | $4.7b | |
| Operating loss | ($185.5m) |
($358.1m)
-93.08%
|
($543.9m)
-51.90%
|
($715.0m)
-31.46%
|
($842.3m)
-17.79%
|
($1.1b)
-29.98%
|
($1.5b)
-33.00%
|
($1.4b)
+1.43%
|
($1.3b)
+8.44%
|
|
| Interest expense | — | — | — | — | $0 | $0 | ($2.8m) | ($8.3m) | $8.3m | |
| Interest income | $8.8m | $11.6m | $7.5m | $9.1m | $73.8m | $200.7m | $209.0m | $190.6m | $178.5m | |
| Other income (expense), net | ($502k) | ($1.0m) | ($610k) | $28.9m | ($47.6m) | $44.9m | ($35.3m) | ($59.0m) | ($40.5m) | |
| Loss before income taxes | ($177.2m) | ($347.5m) | ($537.0m) | ($677.0m) | ($816.0m) | ($849.2m) | ($1.3b) | ($1.3b) | — | |
| Provision for (benefit from) income taxes | $820k | $993k | $2.1m | $3.0m | ($18.5m) | ($11.2m) | $4.1m | $17.1m | — | |
| Net loss | — | — | ($539.1m) | ($679.9m) | ($797.5m) | ($838.0m) | ($1.3b) | ($1.3b) | — | |
| Net loss attributable to Snowflake Inc. | ($178.0m) | ($348.5m) | ($539.1m) | ($679.9m) | ($796.7m) | ($836.1m) | ($1.3b) | ($1.3b) | — | |
| Net loss per share attributable to Snowflake Inc. common stockholders—basic (in dollars per share) | — | ($8) | ($4) | ($2) | ($2) | ($3) | ($4) | ($4) | — | |
| Net loss per share attributable to Snowflake Inc. common stockholders—diluted (in dollars per share) | — | ($8) | ($4) | ($2) | ($2) | ($3) | ($4) | ($4) | — | |
| Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. common stockholders—basic (in shares) | — | ($8) | ($4) | ($2) | ($3) | ($3) | ($4) | ($4) | — | |
| Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. common stockholders—diluted (in shares) | — | ($8) | ($4) | ($2) | ($3) | ($3) | ($4) | ($4) | — | |
| Less: net income (loss) attributable to noncontrolling interest | — | — | $0 | $0 | ($821k) | ($1.9m) | ($3.6m) | $2.6m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.