Snowflake Inc (N:SNOW)

Sector:  Technology Industry:  IT Services & Consulting
See Regulatory Filings on SEC
Company Contact
Address: 106 East Babcock Street, Suite 3A
Tel: N/A
IR: See website
Key People
Frank Slootman
Chairman of the Board
Sridhar Ramaswamy
Chief Executive Officer, Director
Benoit Dageville
President - Product, Director, Co-Founder
Michael P. Scarpelli
Chief Financial Officer
Grzegorz Czajkowski
Executive Vice President - Engineering and Support
Christian Kleinerman
Executive Vice President - Product Management
Christopher William Degnan
Chief Revenue Officer
Business Overview
Snowflake Inc. enables every organization to mobilize their data with Snowflakes Data Cloud. The Company's platform powers the Data Cloud, enabling customers to consolidate data into a single source of truth to drive meaningful business insights, apply artificial intelligence (AI) to solve business problems, build data applications, and share data and data products. Its platform supports a range of workload, including data warehouse, data lake, data engineering, AI/machine learning (ML), applications, collaboration, cybersecurity, and Unistore. Its cloud-native architecture consists of three independently scalable but logically integrated layers across compute, storage, and cloud services. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases with minimal latency. The storage layer ingests massive amounts and varieties of structured, semi-structured, and unstructured data to create a unified data record.
Financial Overview
For the three months ended 30 April 2024, Snowflake Inc revenues increased 33% to $828.7M. Net loss increased 40% to $317M. Revenues reflect United States segment increase of 31% to $632M, EMEA segment increase of 39% to $131.7M. Higher net loss reflects Research and development - Balancing increase of 53% to $216.1M (expense), Sales and marketing - Balancing value increase of 26% to $327.4M (expense).
Employees: 7,004 as of Jan 31, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $42,731M as of Apr 30, 2024
Annual revenue (TTM): $3,012M as of Apr 30, 2024
EBITDA (TTM): -$1,031M as of Apr 30, 2024
Net annual income (TTM): -$927.46M as of Apr 30, 2024
Free cash flow (TTM): $798.57M as of Apr 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 334,800,000 as of May 7, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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