Snowflake (SNOW) Financials

$199.11 +4.21 (+2.16%)

Closing price 08/15/2025 03:59 PM Eastern

Extended Trading

$199.52 +0.40 (+0.20%)

As of 08/15/2025 07:56 PM Eastern

Annual Income Statements for Snowflake

This table shows Snowflake's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-178	-349	-539	-680	-797	-836	-1,286
Consolidated Net Income / (Loss)	-178	-349	-539	-680	-798	-838	-1,289
Net Income / (Loss) Continuing Operations	-178	-349	-539	-680	-798	-838	-1,289
Total Pre-Tax Income	-177	-348	-537	-677	-816	-849	-1,285
Total Operating Income	-185	-358	-544	-715	-842	-1,095	-1,456
Total Gross Profit	45	148	349	761	1,348	1,908	2,412
Total Revenue	97	265	592	1,219	2,066	2,806	3,626
Operating Revenue	97	265	592	1,219	2,066	2,806	3,626
Total Cost of Revenue	52	117	243	458	718	899	1,215
Operating Cost of Revenue	52	117	243	458	718	899	1,215
Total Operating Expenses	230	506	893	1,476	2,190	3,003	3,868
Selling, General & Admin Expense	36	108	176	265	296	323	412
Marketing Expense	126	294	479	744	1,107	1,392	1,672
Research & Development Expense	69	105	238	467	788	1,288	1,783
Total Other Income / (Expense), net	8.26	11	6.90	38	26	246	171
Interest Expense	-	-	-	-	0.00	0.00	2.76
Interest & Investment Income	8.76	12	7.51	9.13	74	201	209
Other Income / (Expense), net	-0.50	-1.01	-0.61	29	-48	45	-35
Income Tax Expense	0.82	0.99	2.06	2.99	-18	-11	4.11
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	0.00	0.00	-0.82	-1.89	-3.57
Basic Earnings per Share	($4.67)	($7.77)	($3.81)	($2.26)	($2.50)	($2.55)	($3.86)
Weighted Average Basic Shares Outstanding	38.16M	44.85M	141.61M	300.27M	318.73M	328.00M	332.71M
Diluted Earnings per Share	($4.67)	($7.77)	($3.81)	($2.26)	($2.50)	($2.55)	($3.86)
Weighted Average Diluted Shares Outstanding	38.16M	44.85M	141.61M	300.27M	318.73M	328.00M	332.71M
Weighted Average Basic & Diluted Shares Outstanding	38.16M	44.85M	141.61M	314.60M	325M	334.20M	334.10M

This table shows Snowflake's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Net Income / (Loss) Attributable to Common Shareholders	-201	-207	-226	-227	-214	-169	-317	-317	-324	-327	-430
Consolidated Net Income / (Loss)	-201	-207	-226	-227	-215	-170	-318	-318	-328	-326	-430
Net Income / (Loss) Continuing Operations	-201	-207	-226	-227	-215	-170	-318	-318	-328	-326	-430
Total Pre-Tax Income	-197	-207	-233	-231	-211	-174	-315	-314	-326	-330	-424
Total Operating Income	-206	-240	-273	-285	-261	-276	-349	-355	-365	-387	-447
Total Gross Profit	366	383	414	456	505	533	556	581	621	654	693
Total Revenue	557	589	624	674	734	775	829	869	942	987	1,042
Operating Revenue	557	589	624	674	734	775	829	869	942	987	1,042
Total Cost of Revenue	191	206	209	218	229	242	273	288	321	333	349
Operating Cost of Revenue	191	206	209	218	229	242	273	288	321	333	349
Total Operating Expenses	572	623	687	741	766	808	905	936	987	1,040	1,141
Selling, General & Admin Expense	76	78	78	84	79	82	93	98	106	115	210
Marketing Expense	284	303	332	343	355	362	401	401	438	433	459
Research & Development Expense	211	242	277	314	332	364	411	438	442	492	472
Total Other Income / (Expense), net	8.59	33	41	54	49	101	33	41	39	57	23
Interest Expense	-	-	-	-	0.00	-	0.00	-	0.69	-	2.07
Interest & Investment Income	22	36	43	50	53	54	55	49	49	56	53
Other Income / (Expense), net	-13	-2.89	-2.56	4.09	-4.17	48	-21	-7.95	-8.47	2.38	-28
Income Tax Expense	4.01	0.37	-6.61	-3.72	3.39	-4.30	2.72	3.79	1.94	-4.33	5.73
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.51	-0.32	-0.44	-0.45	-0.44	-0.56	-0.83	-0.87	-3.62	1.75	0.14
Basic Earnings per Share	($0.63)	($0.64)	($0.70)	($0.69)	($0.65)	($0.51)	($0.95)	($0.95)	($0.98)	($0.98)	($1.29)
Weighted Average Basic Shares Outstanding	320.14M	318.73M	0.00	0.00	0.00	328.00M	0.00	0.00	0.00	332.71M	0.00
Diluted Earnings per Share	($0.63)	($0.64)	($0.70)	($0.69)	($0.65)	($0.51)	($0.95)	($0.95)	($0.98)	($0.98)	($1.29)
Weighted Average Diluted Shares Outstanding	320.14M	318.73M	0.00	0.00	0.00	328.00M	0.00	0.00	0.00	332.71M	0.00
Weighted Average Basic & Diluted Shares Outstanding	321.60M	325M	325.90M	329.70M	329.30M	334.20M	334.80M	335.20M	330.10M	334.10M	333.70M

This table details how cash moves in and out of Snowflake's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Net Change in Cash & Equivalents	-93	19	693	267	-146	824	918
Net Cash From Operating Activities	-144	-177	-45	110	546	848	960
Net Cash From Continuing Operating Activities	-144	-177	-45	110	546	848	960
Net Income / (Loss) Continuing Operations	-178	-349	-539	-680	-798	-838	-1,289
Consolidated Net Income / (Loss)	-178	-349	-539	-680	-798	-838	-1,289
Depreciation Expense	1.36	3.52	9.83	21	64	120	183
Amortization Expense	0.66	12	37	86	61	13	52
Non-Cash Adjustments To Reconcile Net Income	26	108	340	615	956	1,189	1,578
Changes in Operating Assets and Liabilities, net	6.44	49	107	68	263	364	436
Net Cash From Investing Activities	-363	138	-4,037	-21	-598	832	191
Net Cash From Continuing Investing Activities	-363	138	-4,037	-21	-598	832	191
Purchase of Property, Plant & Equipment	-4.02	-23	-40	-29	-49	-69	-76
Acquisitions	0.00	-6.31	-14	-24	-363	-304	-30
Purchase of Investments	-738	-623	-4,860	-4,250	-3,901	-2,476	-2,570
Sale and/or Maturity of Investments	380	791	878	4,283	3,716	3,682	2,867
Net Cash From Financing Activities	414	57	4,775	178	-93	-854	-227
Net Cash From Continuing Financing Activities	414	57	4,775	178	-93	-854	-227
Repayment of Debt	-	0.00	2.09	-	0.00	0.00	-31
Repurchase of Common Equity	-30	-0.39	-	0.00	0.00	-592	-1,932
Issuance of Debt	0.00	-	-	-	0.00	0.00	2,300
Issuance of Common Equity	0.00	0.00	4,242	52	54	61	77
Other Financing Activities, net	5.02	34	52	126	-147	-324	-640
Effect of Exchange Rate Changes	-	0.00	-0.01	-0.24	-0.93	-2.03	-6.19
Cash Income Taxes Paid	0.24	1.43	1.20	1.48	6.55	12	16

This table details how cash moves in and out of Snowflake's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Net Change in Cash & Equivalents	-88	121	-286	103	227	781	-432	-36	853	532	-379
Net Cash From Operating Activities	79	217	299	83	121	345	355	70	102	433	228
Net Cash From Continuing Operating Activities	79	217	299	83	121	345	355	70	102	433	228
Net Income / (Loss) Continuing Operations	-201	-207	-226	-227	-215	-170	-318	-318	-328	-326	-430
Consolidated Net Income / (Loss)	-201	-207	-226	-227	-215	-170	-318	-318	-328	-326	-430
Depreciation Expense	18	20	23	29	32	35	40	45	47	50	49
Amortization Expense	14	7.09	2.34	0.52	2.64	7.77	11	10	15	17	20
Non-Cash Adjustments To Reconcile Net Income	253	266	290	309	316	274	367	378	390	444	528
Changes in Operating Assets and Liabilities, net	-4.16	132	210	-28	-16	198	255	-45	-22	248	61
Net Cash From Investing Activities	-147	-65	-362	101	571	523	-151	384	-267	225	-56
Net Cash From Continuing Investing Activities	-147	-65	-362	101	571	523	-151	384	-267	225	-56
Purchase of Property, Plant & Equipment	-14	-12	-16	-14	-19	-20	-24	-11	-23	-17	-45
Purchase of Investments	-871	-1,105	-1,037	-689	-369	-381	-1,079	-196	-1,014	-280	-1,013
Sale and/or Maturity of Investments	913	1,062	814	973	975	920	952	601	779	536	1,002
Net Cash From Financing Activities	-18	-40	-224	-82	-460	-89	-633	-491	1,018	-120	-564
Net Cash From Continuing Financing Activities	-18	-40	-224	-82	-460	-89	-633	-491	1,018	-120	-564
Repurchase of Common Equity	-	-	-192	-	-400	-	-516	-400	-1,016	-	-491
Issuance of Common Equity	28	-	37	-	24	-	47	-	30	-	53
Other Financing Activities, net	-46	-40	-69	-82	-84	-89	-164	-91	-265	-120	-127
Effect of Exchange Rate Changes	-2.00	8.46	0.54	0.47	-5.60	2.56	-2.63	0.72	0.78	-5.06	12

This table presents Snowflake's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Total Assets	1,013	5,922	6,650	7,722	8,223	9,034
Total Current Assets	665	4,301	4,599	4,985	5,039	5,869
Cash & Equivalents	127	820	1,086	940	1,763	2,629
Short-Term Investments	307	3,088	2,766	3,068	2,083	2,009
Accounts Receivable	179	294	546	716	927	923
Prepaid Expenses	25	66	150	193	180	211
Other Current Assets	26	32	51	68	86	98
Plant, Property, & Equipment, net	27	69	105	161	247	296
Total Noncurrent Assets	320	1,552	1,946	2,577	2,937	2,868
Long-Term Investments	24	1,165	1,256	1,073	916	656
Goodwill	7.05	8.45	8.45	657	976	1,057
Intangible Assets	4.80	16	37	186	331	278
Other Noncurrent Operating Assets	285	362	644	660	713	877
Total Liabilities & Shareholders' Equity	1,013	5,922	6,650	7,722	8,223	9,034
Total Liabilities	621	985	1,601	2,254	3,033	6,027
Total Current Liabilities	416	789	1,397	1,994	2,731	3,301
Accounts Payable	8.49	5.65	13	24	52	170
Accrued Expenses	63	125	201	269	447	515
Current Deferred Revenue	327	639	1,158	1,673	2,199	2,580
Other Current Liabilities	18	20	25	27	34	36
Total Noncurrent Liabilities	205	196	204	260	302	2,726
Long-Term Debt	-	-	-	-	0.00	2,272
Noncurrent Deferred Revenue	2.91	4.19	11	11	14	16
Other Noncurrent Operating Liabilities	202	192	192	249	287	439
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-545	4,936	5,049	5,469	5,191	3,007
Total Preferred & Common Equity	-545	4,936	5,049	5,456	5,180	3,000
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-545	4,936	5,049	5,456	5,180	3,000
Common Stock	155	6,175	6,985	8,211	9,331	10,355
Retained Earnings	-700	-1,239	-1,919	-2,716	-4,076	-7,294
Treasury Stock	-	-	-	0.00	-67	-60
Accumulated Other Comprehensive Income / (Loss)	0.22	0.44	-16	-38	-8.22	-2.24
Noncontrolling Interest	-	-	0.00	12	10	6.71

This table presents Snowflake's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	10/31/2021	4/30/2022	7/31/2022	10/31/2022	4/30/2023	7/31/2023	10/31/2023	4/30/2024	7/31/2024	10/31/2024	4/30/2025
Total Assets	6,163	7,023	7,064	7,156	7,447	7,510	7,264	7,298	6,944	8,202	8,157
Total Current Assets	4,308	4,342	4,504	4,559	4,570	4,405	4,312	4,143	3,898	4,984	4,786
Cash & Equivalents	935	1,063	907	819	653	755	982	1,330	1,282	2,149	2,243
Short-Term Investments	2,956	2,752	3,046	3,124	3,293	2,997	2,566	2,201	1,948	2,008	1,668
Accounts Receivable	254	278	305	394	353	406	511	346	432	596	531
Prepaid Expenses	120	195	188	160	202	174	178	181	149	141	241
Other Current Assets	43	54	58	62	69	72	75	85	87	90	104
Plant, Property, & Equipment, net	94	119	130	146	176	194	216	264	265	278	290
Total Noncurrent Assets	1,761	2,562	2,430	2,451	2,701	2,911	2,736	2,891	2,781	2,940	3,081
Long-Term Investments	1,212	1,212	1,087	943	1,091	1,101	948	928	697	893	956
Goodwill	8.45	503	503	649	711	774	784	976	984	991	1,057
Intangible Assets	26	182	172	196	256	346	330	308	287	269	254
Other Noncurrent Operating Assets	514	666	669	662	642	690	674	679	813	788	814
Total Liabilities & Shareholders' Equity	6,163	7,023	7,064	7,156	7,447	7,510	7,264	7,298	6,944	8,202	8,157
Total Liabilities	1,157	1,565	1,638	1,732	2,149	2,212	2,324	2,730	2,806	5,268	5,743
Total Current Liabilities	959	1,364	1,401	1,479	1,888	1,913	2,033	2,429	2,465	2,647	3,031
Accounts Payable	11	18	20	25	22	41	75	64	135	149	155
Accrued Expenses	163	185	210	225	276	315	318	398	449	485	528
Current Deferred Revenue	760	1,133	1,145	1,200	1,560	1,523	1,606	1,936	1,848	1,975	2,310
Other Current Liabilities	25	27	27	29	29	34	33	31	33	38	37
Total Noncurrent Liabilities	198	201	236	253	261	298	291	302	342	2,621	2,712
Long-Term Debt	-	-	-	-	-	-	-	-	-	2,269	2,274
Noncurrent Deferred Revenue	7.13	10	8.79	7.33	14	12	12	15	12	12	14
Other Noncurrent Operating Liabilities	191	191	228	246	247	286	279	287	329	339	425
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,007	5,458	5,426	5,423	5,298	5,298	4,941	4,568	4,138	2,934	2,415
Total Preferred & Common Equity	5,007	5,458	5,426	5,411	5,286	5,287	4,930	4,558	4,129	2,929	2,408
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,007	5,458	5,426	5,411	5,286	5,287	4,930	4,558	4,129	2,929	2,408
Common Stock	6,797	7,590	7,782	7,989	8,450	8,679	8,932	9,547	9,823	9,964	10,672
Retained Earnings	-1,787	-2,085	-2,308	-2,509	-3,065	-3,292	-3,906	-4,909	-5,626	-6,970	-8,215
Treasury Stock	-	-	-	-	-68	-68	-68	-64	-63	-61	-58
Accumulated Other Comprehensive Income / (Loss)	-3.49	-47	-48	-69	-31	-32	-27	-16	-5.38	-2.76	8.17
Noncontrolling Interest	-	-	-	12	12	11	11	9.46	8.59	4.96	6.85

This table displays calculated financial ratios and metrics derived from Snowflake's official financial filings.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	173.88%	123.63%	105.95%	69.41%	35.86%	29.21%
EBITDA Growth	0.00%	-87.04%	-44.53%	-16.38%	-32.25%	-19.78%	-37.05%
EBIT Growth	0.00%	-93.10%	-51.65%	-25.99%	-29.70%	-17.99%	-42.05%
NOPAT Growth	0.00%	-93.08%	-51.90%	-31.46%	-17.79%	-29.98%	-33.00%
Net Income Growth	0.00%	-95.78%	-54.68%	-26.13%	-17.29%	-5.07%	-53.85%
EPS Growth	0.00%	-66.38%	50.97%	40.68%	-10.62%	-2.00%	-51.37%
Operating Cash Flow Growth	0.00%	-22.63%	74.28%	342.59%	395.23%	55.44%	13.16%
Free Cash Flow Firm Growth	0.00%	0.00%	-67.62%	-86.65%	-79.29%	22.18%	28.69%
Invested Capital Growth	0.00%	0.00%	-107.80%	56.71%	754.33%	10.40%	-103.73%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	18.84%	11.03%	7.09%	6.21%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	11.63%	-16.95%	3.23%	-11.75%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	8.84%	-14.06%	1.38%	-11.71%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	6.34%	-11.63%	-3.38%	-8.27%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	8.94%	-10.43%	4.29%	-13.75%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-39.51%	-10.13%	4.85%	-13.86%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	57.88%	116.48%	33.99%	17.65%	10.11%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	10.76%	-24.41%	11.66%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	38.28%	-27.84%	-3.68%	-110.37%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	46.46%	55.97%	59.03%	62.40%	65.26%	67.98%	66.50%
EBITDA Margin	-190.29%	-129.95%	-83.99%	-47.46%	-37.05%	-32.66%	-34.65%
Operating Margin	-191.86%	-135.26%	-91.87%	-58.64%	-40.77%	-39.01%	-40.15%
EBIT Margin	-192.38%	-135.64%	-91.98%	-56.27%	-43.08%	-37.41%	-41.12%
Profit (Net Income) Margin	-184.17%	-131.65%	-91.06%	-55.76%	-38.61%	-29.86%	-35.55%
Tax Burden Percent	100.46%	100.29%	100.38%	100.44%	97.74%	98.68%	100.32%
Interest Burden Percent	95.29%	96.78%	98.62%	98.67%	91.70%	80.89%	86.17%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	-358.99%	-187.88%	-494.68%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	-354.91%	-186.43%	-487.75%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	343.83%	172.16%	463.23%
Return on Equity (ROE)	0.00%	-88.98%	-20.24%	-13.62%	-15.17%	-15.72%	-31.45%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	-267.35%	-197.77%	0.00%
Operating Return on Assets (OROA)	0.00%	-35.46%	-15.71%	-10.92%	-12.38%	-13.17%	-17.28%
Return on Assets (ROA)	0.00%	-34.42%	-15.55%	-10.82%	-11.10%	-10.51%	-14.94%
Return on Common Equity (ROCE)	0.00%	123.74%	-16.68%	-13.62%	-15.15%	-15.69%	-31.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	63.98%	-10.92%	-13.47%	-14.62%	-16.18%	-42.97%
Net Operating Profit after Tax (NOPAT)	-130	-251	-381	-501	-590	-766	-1,019
NOPAT Margin	-134.30%	-94.68%	-64.31%	-41.05%	-28.54%	-27.31%	-28.11%
Net Nonoperating Expense Percent (NNEP)	0.00%	-42.78%	-5.73%	-3.52%	-4.08%	-1.46%	-6.94%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-10.78%	-14.76%	-19.31%
Cost of Revenue to Revenue	53.54%	44.03%	40.97%	37.60%	34.74%	32.02%	33.50%
SG&A Expenses to Revenue	37.30%	40.62%	29.75%	21.74%	14.32%	11.51%	11.37%
R&D to Revenue	71.05%	39.72%	40.19%	38.29%	38.15%	45.89%	49.18%
Operating Expenses to Revenue	238.32%	191.23%	150.90%	121.04%	106.04%	106.99%	106.66%
Earnings before Interest and Taxes (EBIT)	-186	-359	-545	-686	-890	-1,050	-1,491
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-184	-344	-497	-579	-765	-917	-1,256
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	15.62	16.74	9.22	12.44	19.97
Price to Tangible Book Value (P/TBV)	0.00	0.00	15.70	16.89	10.91	16.63	35.98
Price to Revenue (P/Rev)	0.00	0.00	130.28	69.31	24.36	22.96	16.52
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	116.69	139.41	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	121.71	65.12	21.90	21.26	15.69
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	720.64	82.92	70.36	59.29
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.76
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.76
Financial Leverage	0.00	-1.17	-1.04	-1.02	-0.97	-0.92	-0.95
Leverage Ratio	0.00	2.59	1.30	1.26	1.37	1.50	2.11
Compound Leverage Factor	0.00	2.50	1.28	1.24	1.25	1.21	1.81
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	43.04%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	43.04%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	239.07%	0.00%	0.00%	0.22%	0.20%	0.13%
Common Equity to Total Capital	0.00%	-139.07%	100.00%	100.00%	99.78%	99.80%	56.84%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	-1.81
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	2.41
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	-1.81
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	-2.23
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	2.97
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	-2.23
Altman Z-Score	0.00	0.00	47.19	31.69	13.25	12.31	5.03
Noncontrolling Interest Sharing Ratio	0.00%	239.07%	17.58%	0.00%	0.12%	0.21%	0.21%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	1.60	5.45	3.29	2.50	1.85	1.78
Quick Ratio	0.00	1.47	5.32	3.15	2.37	1.75	1.68
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-185	-310	-578	-1,037	-807	-575
Operating Cash Flow to CapEx	-3,585.21%	-772.75%	-112.61%	380.02%	1,110.38%	1,225.27%	1,267.65%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-208.48
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	347.87
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	320.42
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	0.26	0.17	0.19	0.29	0.35	0.42
Accounts Receivable Turnover	0.00	1.48	2.50	2.90	3.28	3.42	3.92
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	9.76	12.32	14.01	15.54	13.75	13.34
Accounts Payable Turnover	0.00	13.73	34.32	48.03	38.67	23.84	10.97
Days Sales Outstanding (DSO)	0.00	247.41	145.95	125.67	111.45	106.82	93.09
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	26.58	10.63	7.60	9.44	15.31	33.28
Cash Conversion Cycle (CCC)	0.00	220.83	135.32	118.07	102.01	91.51	59.81
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	-66	-137	-59	388	428	-16
Invested Capital Turnover	0.00	-8.04	-5.84	-12.43	12.58	6.88	17.60
Increase / (Decrease) in Invested Capital	0.00	-66	-71	78	447	40	-444
Enterprise Value (EV)	0.00	0.00	72,057	79,400	45,242	59,672	56,901
Market Capitalization	0.00	0.00	77,131	84,508	50,311	64,424	59,916
Book Value per Share	$0.00	($12.15)	$17.44	$16.48	$16.97	$15.73	$9.09
Tangible Book Value per Share	$0.00	($12.41)	$17.35	$16.34	$14.34	$11.76	$5.05
Total Capital	0.00	392	4,936	5,049	5,469	5,191	5,278
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	2,272
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	2,272
Net Debt	0.00	-458	-5,073	-5,108	-5,081	-4,763	-3,023
Capital Expenditures (CapEx)	4.02	23	40	29	49	69	76
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-185	-397	-651	-1,017	-1,538	-2,069
Debt-free Net Working Capital (DFNWC)	0.00	249	3,511	3,202	2,991	2,308	2,568
Net Working Capital (NWC)	0.00	249	3,511	3,202	2,991	2,308	2,568
Net Nonoperating Expense (NNE)	48	98	158	179	208	72	270
Net Nonoperating Obligations (NNO)	0.00	-458	-5,073	-5,108	-5,081	-4,763	-3,023
Total Depreciation and Amortization (D&A)	2.03	15	47	107	124	133	235
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-70.00%	-67.00%	-53.35%	-49.22%	-54.81%	-57.07%
Debt-free Net Working Capital to Revenue	0.00%	93.95%	593.09%	262.57%	144.80%	82.24%	70.82%
Net Working Capital to Revenue	0.00%	93.95%	593.09%	262.57%	144.80%	82.24%	70.82%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($3.81)	($2.26)	($2.50)	($2.55)	($3.86)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	288.70M	300.27M	318.73M	328.00M	332.71M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($3.81)	($2.26)	($2.50)	($2.55)	($3.86)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	288.70M	300.27M	318.73M	328.00M	332.71M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($3.81)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	141.61M	314.60M	325M	334.20M	334.10M
Normalized Net Operating Profit after Tax (NOPAT)	-130	-251	-381	-501	-590	-766	-1,019
Normalized NOPAT Margin	-134.30%	-94.68%	-64.31%	-41.05%	-28.54%	-27.31%	-28.11%
Pre Tax Income Margin	-183.32%	-131.27%	-90.71%	-55.52%	-39.50%	-30.26%	-35.44%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-540.54
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-369.41
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-567.98
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-396.85
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-16.65%	-0.11%	0.00%	0.00%	0.00%	-70.61%	-149.88%

This table displays calculated financial ratios and metrics derived from Snowflake's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	66.55%	53.48%	47.64%	35.55%	31.80%	31.53%	32.89%	28.90%	28.32%	27.37%	25.75%
EBITDA Growth	-45.54%	-105.71%	-50.87%	-28.30%	-22.44%	14.18%	-27.40%	-22.50%	-35.86%	-71.35%	-27.41%
EBIT Growth	-40.88%	-82.51%	-39.82%	-21.97%	-20.75%	6.05%	-34.11%	-29.12%	-41.22%	-68.57%	-28.51%
NOPAT Growth	-31.00%	-57.70%	-44.75%	-37.39%	-26.50%	-14.91%	-27.57%	-24.49%	-40.22%	-40.35%	-28.31%
Net Income Growth	-30.08%	-57.00%	-36.35%	-2.03%	-6.58%	18.11%	-40.59%	-39.79%	-52.73%	-91.70%	-35.28%
EPS Growth	-23.53%	-56.10%	-32.08%	1.43%	-3.17%	20.31%	-35.71%	-37.68%	-50.77%	-92.16%	-35.79%
Operating Cash Flow Growth	410.21%	175.44%	62.20%	29.11%	52.51%	58.56%	18.71%	-16.02%	-15.88%	25.58%	-35.75%
Free Cash Flow Firm Growth	-426.35%	-234.07%	96.85%	60.72%	88.49%	62.07%	-303.26%	94.96%	138.51%	174.34%	70.93%
Invested Capital Growth	659.66%	754.33%	-39.21%	15.23%	-17.29%	10.40%	-58.60%	-52.92%	-65.32%	-103.73%	-264.60%
Revenue Q/Q Growth	12.02%	5.74%	5.87%	8.09%	8.92%	5.52%	6.97%	4.84%	8.43%	4.74%	5.60%
EBITDA Q/Q Growth	4.31%	-15.06%	-15.97%	-0.49%	8.68%	19.36%	-72.16%	3.38%	-1.28%	-1.71%	-28.02%
EBIT Q/Q Growth	4.93%	-10.65%	-13.66%	-2.00%	5.88%	13.91%	-62.25%	1.79%	-2.94%	-2.77%	-23.68%
NOPAT Q/Q Growth	0.82%	-16.37%	-13.97%	-4.45%	8.68%	-5.71%	-26.52%	-1.93%	-2.86%	-5.81%	-15.67%
Net Income Q/Q Growth	9.59%	-3.00%	-8.95%	-0.56%	5.55%	20.86%	-87.05%	0.01%	-3.19%	0.66%	-32.00%
EPS Q/Q Growth	10.00%	-1.59%	-9.38%	1.43%	5.80%	21.54%	-86.27%	0.00%	-3.16%	0.00%	-31.63%
Operating Cash Flow Q/Q Growth	23.04%	174.12%	37.79%	-72.22%	45.34%	185.00%	3.16%	-80.35%	45.58%	325.47%	-47.22%
Free Cash Flow Firm Q/Q Growth	-18.09%	20.93%	96.34%	-1,050.88%	65.38%	-160.44%	61.13%	85.61%	364.38%	402.75%	-115.20%
Invested Capital Q/Q Growth	39.02%	-27.84%	-32.49%	70.15%	-0.21%	-3.68%	-74.68%	93.49%	-26.50%	-110.37%	-1,016.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	65.76%	65.08%	66.42%	67.60%	68.82%	68.79%	67.12%	66.84%	65.94%	66.23%	66.53%
EBITDA Margin	-33.68%	-36.64%	-40.14%	-37.32%	-31.29%	-23.91%	-38.48%	-35.46%	-33.12%	-32.16%	-38.99%
Operating Margin	-36.99%	-40.70%	-43.82%	-42.34%	-35.50%	-35.56%	-42.06%	-40.89%	-38.79%	-39.19%	-42.92%
EBIT Margin	-39.37%	-41.19%	-44.23%	-41.74%	-36.07%	-29.43%	-44.63%	-41.81%	-39.69%	-38.94%	-45.61%
Profit (Net Income) Margin	-36.16%	-35.23%	-36.25%	-33.73%	-29.24%	-21.93%	-38.35%	-36.57%	-34.81%	-33.01%	-41.26%
Tax Burden Percent	102.03%	100.18%	97.16%	98.39%	101.61%	97.53%	100.86%	101.21%	100.59%	98.69%	101.35%
Interest Burden Percent	90.03%	85.36%	84.36%	82.13%	79.80%	76.42%	85.19%	86.44%	87.17%	85.89%	89.25%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-218.29%	-358.37%	-200.87%	-174.15%	-132.68%	-171.29%	-479.17%	-280.26%	-309.82%	-482.81%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-217.14%	-357.59%	-200.18%	-173.59%	-131.99%	-171.75%	-477.61%	-278.69%	-307.84%	-481.39%	0.00%
Return on Net Nonoperating Assets (RNNOA)	207.96%	346.42%	187.29%	160.13%	119.49%	158.61%	459.70%	259.34%	284.44%	457.19%	0.00%
Return on Equity (ROE)	-10.33%	-11.95%	-13.58%	-14.02%	-13.19%	-12.68%	-19.47%	-20.92%	-25.38%	-25.61%	-40.14%
Cash Return on Invested Capital (CROIC)	-216.17%	-267.35%	-138.65%	-183.19%	-132.10%	-197.77%	-359.73%	-193.07%	-217.57%	0.00%	0.00%
Operating Return on Assets (OROA)	-11.00%	-11.84%	-13.86%	-14.00%	-13.11%	-10.36%	-18.23%	-18.55%	-17.52%	-16.37%	-22.66%
Return on Assets (ROA)	-10.10%	-10.13%	-11.36%	-11.31%	-10.63%	-7.72%	-15.67%	-16.23%	-15.37%	-13.87%	-20.50%
Return on Common Equity (ROCE)	-10.32%	-11.93%	-13.56%	-14.01%	-13.16%	-12.65%	-19.43%	-20.87%	-25.33%	-25.56%	-40.04%
Return on Equity Simple (ROE_SIMPLE)	-13.35%	0.00%	-16.23%	-16.31%	-17.76%	0.00%	-20.40%	-24.71%	-38.69%	0.00%	-58.20%
Net Operating Profit after Tax (NOPAT)	-144	-168	-191	-200	-182	-193	-244	-249	-256	-271	-313
NOPAT Margin	-25.89%	-28.49%	-30.67%	-29.64%	-24.85%	-24.89%	-29.44%	-28.63%	-27.15%	-27.43%	-30.04%
Net Nonoperating Expense Percent (NNEP)	-1.15%	-0.78%	-0.69%	-0.56%	-0.69%	0.47%	-1.55%	-1.57%	-1.98%	-1.41%	-3.31%
Return On Investment Capital (ROIC_SIMPLE)	-	-3.07%	-	-	-	-3.72%	-	-	-	-5.13%	-6.68%
Cost of Revenue to Revenue	34.24%	34.92%	33.58%	32.40%	31.18%	31.21%	32.88%	33.16%	34.06%	33.77%	33.47%
SG&A Expenses to Revenue	13.73%	13.16%	12.58%	12.43%	10.72%	10.60%	11.24%	11.25%	11.28%	11.66%	20.11%
R&D to Revenue	37.95%	41.11%	44.49%	46.59%	45.23%	47.05%	49.57%	50.37%	46.96%	49.91%	45.33%
Operating Expenses to Revenue	102.75%	105.79%	110.23%	109.94%	104.31%	104.35%	109.18%	107.74%	104.73%	105.42%	109.45%
Earnings before Interest and Taxes (EBIT)	-219	-243	-276	-281	-265	-228	-370	-363	-374	-384	-475
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-188	-216	-250	-252	-230	-185	-319	-308	-312	-317	-406
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	9.48	9.22	9.10	10.95	9.71	12.44	11.38	10.57	13.14	19.97	22.13
Price to Tangible Book Value (P/TBV)	11.24	10.91	11.14	13.90	12.54	16.63	15.84	15.27	23.04	35.98	48.55
Price to Revenue (P/Rev)	27.57	24.36	21.23	23.70	18.26	22.96	17.22	13.61	11.27	16.52	13.88
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	86.40	116.69	164.67	119.18	97.58	139.41	437.58	189.49	231.75	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	24.95	21.90	19.01	21.72	16.55	21.26	15.75	12.39	10.46	15.69	13.20
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	114.00	82.92	65.26	78.14	60.16	70.36	52.45	44.60	40.97	59.29	60.89
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.77	0.76	0.94
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.77	0.76	0.94
Financial Leverage	-0.96	-0.97	-0.94	-0.92	-0.91	-0.92	-0.96	-0.93	-0.92	-0.95	-1.01
Leverage Ratio	1.28	1.37	1.35	1.36	1.39	1.50	1.49	1.53	1.96	2.11	2.21
Compound Leverage Factor	1.15	1.17	1.13	1.12	1.11	1.14	1.27	1.32	1.71	1.81	1.98
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	43.61%	43.04%	48.49%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	43.61%	43.04%	48.49%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.23%	0.22%	0.22%	0.21%	0.22%	0.20%	0.21%	0.21%	0.10%	0.13%	0.15%
Common Equity to Total Capital	99.77%	99.78%	99.78%	99.79%	99.78%	99.80%	99.79%	99.79%	56.29%	56.84%	51.36%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.02	-1.81	-1.69
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.47	2.41	1.93
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.02	-1.81	-1.69
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.41	-2.23	-2.09
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.95	2.97	2.38
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.41	-2.23	-2.09
Altman Z-Score	17.95	13.53	13.48	15.70	12.22	12.64	10.98	8.74	3.80	5.44	4.69
Noncontrolling Interest Sharing Ratio	0.12%	0.12%	0.11%	0.11%	0.23%	0.21%	0.21%	0.21%	0.20%	0.21%	0.23%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.08	2.50	2.42	2.30	2.12	1.85	1.71	1.58	1.88	1.78	1.58
Quick Ratio	2.93	2.37	2.28	2.17	2.00	1.75	1.60	1.49	1.80	1.68	1.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-778	-615	-22	-259	-90	-233	-91	-13	34	173	-26
Operating Cash Flow to CapEx	555.01%	1,802.70%	1,835.84%	587.01%	648.82%	1,714.24%	1,485.88%	633.12%	433.31%	2,503.91%	507.62%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	50.04	0.00	-12.72
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	147.61	0.00	110.27
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	113.55	0.00	88.55
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.28	0.29	0.31	0.34	0.36	0.35	0.41	0.44	0.44	0.42	0.50
Accounts Receivable Turnover	5.74	3.28	7.19	6.87	5.79	3.42	8.62	7.65	6.17	3.92	8.77
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	15.48	15.54	15.37	15.09	14.47	13.75	13.69	13.98	13.80	13.34	13.86
Accounts Payable Turnover	36.59	38.67	38.32	26.79	17.21	23.84	22.25	11.73	10.01	10.97	11.76
Days Sales Outstanding (DSO)	63.60	111.45	50.76	53.13	63.03	106.82	42.33	47.70	59.19	93.09	41.64
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	9.98	9.44	9.53	13.63	21.21	15.31	16.41	31.11	36.45	33.28	31.03
Cash Conversion Cycle (CCC)	53.62	102.01	41.24	39.50	41.82	91.51	25.92	16.59	22.74	59.81	10.61
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	537	388	262	445	444	428	108	210	154	-16	-178
Invested Capital Turnover	8.43	12.58	6.55	5.88	5.34	6.88	16.27	9.79	11.41	17.60	-109.69
Increase / (Decrease) in Invested Capital	633	447	-169	59	-93	40	-153	-236	-290	-444	-287
Enterprise Value (EV)	46,423	45,242	43,101	53,074	43,364	59,672	47,418	39,732	35,712	56,901	50,699
Market Capitalization	51,296	50,311	48,126	57,916	47,849	64,424	51,868	43,651	38,488	59,916	53,286
Book Value per Share	$16.91	$16.97	$16.27	$16.22	$14.95	$15.73	$13.64	$12.33	$8.74	$9.09	$7.21
Tangible Book Value per Share	$14.27	$14.34	$13.29	$12.78	$11.57	$11.76	$9.80	$8.54	$4.98	$5.05	$3.28
Total Capital	5,423	5,469	5,298	5,298	4,941	5,191	4,568	4,138	5,204	5,278	4,688
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2,269	2,272	2,274
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2,269	2,272	2,274
Net Debt	-4,886	-5,081	-5,036	-4,853	-4,496	-4,763	-4,459	-3,928	-2,780	-3,023	-2,593
Capital Expenditures (CapEx)	14	12	16	14	19	20	24	11	23	17	45
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-863	-1,017	-1,264	-1,260	-1,269	-1,538	-1,817	-1,797	-1,820	-2,069	-2,155
Debt-free Net Working Capital (DFNWC)	3,080	2,991	2,682	2,492	2,280	2,308	1,714	1,433	2,337	2,568	1,755
Net Working Capital (NWC)	3,080	2,991	2,682	2,492	2,280	2,308	1,714	1,433	2,337	2,568	1,755
Net Nonoperating Expense (NNE)	57	40	35	28	32	-23	74	69	72	55	117
Net Nonoperating Obligations (NNO)	-4,886	-5,081	-5,036	-4,853	-4,496	-4,763	-4,459	-3,928	-2,780	-3,023	-2,593
Total Depreciation and Amortization (D&A)	32	27	26	30	35	43	51	55	62	67	69
Debt-free, Cash-free Net Working Capital to Revenue	-46.39%	-49.22%	-55.74%	-51.58%	-48.42%	-54.81%	-60.33%	-56.05%	-53.31%	-57.07%	-56.13%
Debt-free Net Working Capital to Revenue	165.55%	144.80%	118.31%	101.96%	86.98%	82.24%	56.93%	44.70%	68.44%	70.82%	45.72%
Net Working Capital to Revenue	165.55%	144.80%	118.31%	101.96%	86.98%	82.24%	56.93%	44.70%	68.44%	70.82%	45.72%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.63)	($0.64)	($0.70)	($0.69)	($0.65)	($0.51)	($0.95)	($0.95)	($0.98)	($0.98)	($1.29)
Adjusted Weighted Average Basic Shares Outstanding	320.14M	318.73M	324.16M	327.34M	329.31M	328.00M	0.00	0.00	0.00	332.71M	0.00
Adjusted Diluted Earnings per Share	($0.63)	($0.64)	($0.70)	($0.69)	($0.65)	($0.51)	($0.95)	($0.95)	($0.98)	($0.98)	($1.29)
Adjusted Weighted Average Diluted Shares Outstanding	320.14M	318.73M	324.16M	327.34M	329.31M	328.00M	0.00	0.00	0.00	332.71M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	321.60M	325M	325.90M	329.70M	329.30M	334.20M	334.80M	335.20M	330.10M	334.10M	333.70M
Normalized Net Operating Profit after Tax (NOPAT)	-144	-168	-191	-200	-182	-193	-244	-249	-256	-271	-313
Normalized NOPAT Margin	-25.89%	-28.49%	-30.67%	-29.64%	-24.85%	-24.89%	-29.44%	-28.63%	-27.15%	-27.43%	-30.04%
Pre Tax Income Margin	-35.44%	-35.16%	-37.31%	-34.28%	-28.78%	-22.49%	-38.02%	-36.14%	-34.60%	-33.45%	-40.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-542.72	0.00	-229.51
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-371.29	0.00	-151.17
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-576.78	0.00	-251.23
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-405.36	0.00	-172.90
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	-22.35%	-22.23%	-67.58%	-70.61%	-98.56%	-129.03%	-170.49%	-149.88%	-136.06%

Key Financial Trends

Snowflake Inc. (NYSE: SNOW) has shown significant growth in revenue over the past four years, but continues to report net losses, reflecting ongoing investments and challenges typical for a high-growth cloud software company.

Revenue and Profitability Trends

Operating revenue increased from approximately $334 million in Q3 2022 to over $1 billion in Q1 2026, demonstrating strong top-line growth momentum.
Despite revenue growth, the company has consistently reported net losses each quarter, with Q1 2026 net loss deepening to approximately -$430 million compared to -$155 million a year earlier (Q3 2022).
Operating expenses remain very high and continue to exceed gross profit, driven by significant marketing and R&D spending, which has increased over the period.
Gross profit has increased steadily alongside revenue, indicating improving scale, with gross margins generally stable at roughly 60-65% in recent quarters.

Cash Flow and Investing Activities

Operating cash flow has turned positive consistently each quarter, supporting operational sustainability and reducing reliance on financing activities.
Significant cash outflows related to acquisitions and investments are evident, consistent with the company’s growth strategy to expand its platform and capabilities.
Cash used in financing activities includes large amounts spent on repurchasing common equity, with $491 million repurchased in Q1 2026, representing cash outflow that impacts liquidity.

Balance Sheet and Liquidity

Snowflake has a strong liquidity position with cash and cash equivalents exceeding $2.2 billion as of Q1 2026, supported by short- and long-term investments totaling over $2.6 billion.
Total assets increased moderately over time, reflecting growth in goodwill, intangible assets, and noncurrent operating assets as the company expands.
The company carries long-term debt (approximately $2.3 billion in Q1 2026), which could pose financial risks.
Shareholders’ equity decreased compared to prior periods, primarily due to accumulated losses, resulting in retained earnings deficits exceeding -$8 billion by Q1 2026.

Summary

Snowflake continues its aggressive growth trajectory with rapidly increasing revenues but remains unprofitable as it invests heavily in marketing, research, and development. The company shows improving cash flow from operations and strong liquidity, which provides a cushion against ongoing losses and funding needs. However, significant net losses and ongoing equity repurchases may weigh on the balance sheet and shareholder value in the near term.

08/16/25 03:54 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Snowflake's Financials

When does Snowflake's fiscal year end?

According to the most recent income statement we have on file, Snowflake's financial year ends in January. Their financial year 2025 ended on January 31, 2025.

How has Snowflake's net income changed over the last 6 years?

Snowflake's net income appears to be on an upward trend, with a most recent value of -$1.29 billion in 2025, rising from -$178.03 million in 2019. The previous period was -$837.99 million in 2024. View Snowflake's forecast to see where analysts expect Snowflake to go next.

What is Snowflake's operating income?

Snowflake's total operating income in 2025 was -$1.46 billion, based on the following breakdown:

Total Gross Profit: $2.41 billion
Total Operating Expenses: $3.87 billion

How has Snowflake's revenue changed over the last 6 years?

Over the last 6 years, Snowflake's total revenue changed from $96.67 million in 2019 to $3.63 billion in 2025, a change of 3,651.5%.

How much debt does Snowflake have?

Snowflake's total liabilities were at $6.03 billion at the end of 2025, a 98.7% increase from 2024, and a 870.6% increase since 2020.

How much cash does Snowflake have?

In the past 5 years, Snowflake's cash and equivalents has ranged from $127.21 million in 2020 to $2.63 billion in 2025, and is currently $2.63 billion as of their latest financial filing in 2025.

How has Snowflake's book value per share changed over the last 6 years?

Over the last 6 years, Snowflake's book value per share changed from 0.00 in 2019 to 9.09 in 2025, a change of 908.8%.

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This page (NYSE:SNOW) was last updated on 8/16/2025 by MarketBeat.com Staff

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Snowflake (SNOW) Financials

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Snowflake (SNOW) Financials

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