Snowflake Inc.
NYSE:SNOW
Income Statement
Earnings Waterfall
Snowflake Inc.
Revenue
|
2.8B
USD
|
Cost of Revenue
|
-898.6m
USD
|
Gross Profit
|
1.9B
USD
|
Operating Expenses
|
-3B
USD
|
Operating Income
|
-1.1B
USD
|
Other Expenses
|
256.8m
USD
|
Net Income
|
-836.1m
USD
|
Income Statement
Snowflake Inc.
Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||
Revenue |
169
N/A
|
214
+26%
|
265
+24%
|
330
+25%
|
403
+22%
|
489
+22%
|
592
+21%
|
712
+20%
|
851
+20%
|
1 026
+21%
|
1 219
+19%
|
1 413
+16%
|
1 638
+16%
|
1 860
+14%
|
2 066
+11%
|
2 267
+10%
|
2 444
+8%
|
2 621
+7%
|
2 806
+7%
|
|
Gross Profit | ||||||||||||||||||||
Cost of Revenue |
(87)
|
(102)
|
(117)
|
(135)
|
(157)
|
(194)
|
(243)
|
(297)
|
(353)
|
(407)
|
(458)
|
(509)
|
(576)
|
(646)
|
(718)
|
(779)
|
(824)
|
(862)
|
(899)
|
|
Gross Profit |
83
N/A
|
111
+35%
|
148
+33%
|
195
+31%
|
246
+26%
|
295
+20%
|
350
+18%
|
415
+19%
|
498
+20%
|
619
+24%
|
761
+23%
|
904
+19%
|
1 062
+17%
|
1 214
+14%
|
1 348
+11%
|
1 488
+10%
|
1 620
+9%
|
1 758
+9%
|
1 908
+9%
|
|
Operating Income | ||||||||||||||||||||
Operating Expenses |
(376)
|
(456)
|
(506)
|
(562)
|
(595)
|
(724)
|
(893)
|
(1 068)
|
(1 274)
|
(1 382)
|
(1 476)
|
(1 600)
|
(1 765)
|
(1 965)
|
(2 187)
|
(2 453)
|
(2 622)
|
(2 817)
|
(3 001)
|
|
Selling, General & Administrative |
(288)
|
(353)
|
(401)
|
(445)
|
(468)
|
(550)
|
(656)
|
(754)
|
(878)
|
(945)
|
(1 009)
|
(1 092)
|
(1 192)
|
(1 296)
|
(1 399)
|
(1 498)
|
(1 578)
|
(1 652)
|
(1 713)
|
|
Research & Development |
(88)
|
(103)
|
(105)
|
(117)
|
(127)
|
(174)
|
(238)
|
(314)
|
(396)
|
(438)
|
(467)
|
(508)
|
(574)
|
(669)
|
(788)
|
(915)
|
(1 045)
|
(1 166)
|
(1 288)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(44)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(40)
|
0
|
0
|
44
|
|
Operating Income |
(294)
N/A
|
(345)
-17%
|
(358)
-4%
|
(367)
-3%
|
(349)
+5%
|
(429)
-23%
|
(544)
-27%
|
(653)
-20%
|
(776)
-19%
|
(763)
+2%
|
(715)
+6%
|
(696)
+3%
|
(704)
-1%
|
(751)
-7%
|
(839)
-12%
|
(965)
-15%
|
(1 003)
-4%
|
(1 059)
-6%
|
(1 093)
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||
Interest Income Expense |
13
|
14
|
12
|
10
|
9
|
8
|
8
|
8
|
16
|
17
|
37
|
30
|
35
|
48
|
61
|
106
|
149
|
186
|
251
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(29)
|
(38)
|
(41)
|
0
|
(15)
|
(7)
|
(5)
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
1
|
2
|
1
|
2
|
2
|
2
|
3
|
3
|
1
|
(2)
|
(2)
|
|
Pre-Tax Income |
(282)
N/A
|
(332)
-18%
|
(348)
-5%
|
(358)
-3%
|
(342)
+4%
|
(423)
-24%
|
(537)
-27%
|
(647)
-20%
|
(759)
-17%
|
(744)
+2%
|
(677)
+9%
|
(666)
+2%
|
(696)
-4%
|
(740)
-6%
|
(816)
-10%
|
(856)
-5%
|
(868)
-1%
|
(882)
-2%
|
(849)
+4%
|
|
Net Income | ||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
24
|
20
|
17
|
19
|
(2)
|
6
|
7
|
11
|
|
Income from Continuing Operations |
(282)
|
(333)
|
(349)
|
(358)
|
(343)
|
(423)
|
(539)
|
(649)
|
(761)
|
(747)
|
(680)
|
(643)
|
(676)
|
(722)
|
(798)
|
(858)
|
(862)
|
(876)
|
(838)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
2
|
|
Net Income (Common) |
(282)
N/A
|
(333)
-18%
|
(349)
-5%
|
(358)
-3%
|
(343)
+4%
|
(423)
-24%
|
(539)
-27%
|
(649)
-20%
|
(761)
-17%
|
(747)
+2%
|
(680)
+9%
|
(643)
+5%
|
(676)
-5%
|
(722)
-7%
|
(797)
-10%
|
(857)
-8%
|
(861)
0%
|
(874)
-2%
|
(836)
+4%
|
|
EPS (Diluted) |
-1.02
N/A
|
-1.21
-19%
|
-1.26
-4%
|
-1.3
-3%
|
-1.24
+5%
|
-1.49
-20%
|
-1.87
-26%
|
-2.24
-20%
|
-2.55
-14%
|
-2.46
+4%
|
-2.26
+8%
|
-2.04
+10%
|
-2.12
-4%
|
-2.25
-6%
|
-2.5
-11%
|
-2.64
-6%
|
-2.62
+1%
|
-2.65
-1%
|
-2.55
+4%
|