Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 106 East Babcock Street, Suite 3A BOZEMAN MT 59715 |
Tel: | N/A |
Website: | https://www.snowflake.com |
IR: | See website |
Key People | ||
Frank Slootman Chairman of the Board | Sridhar Ramaswamy Chief Executive Officer, Director | Benoit Dageville Co-Founder, Director, President - Product |
Michael P. Scarpelli Chief Financial Officer | 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 fiscal year ended 31 January 2024, Snowflake Inc revenues increased 36% to $2.81B. Net loss increased 5% to $836.1M. Revenues reflect United States segment increase of 33% to $2.17B, EMEA segment increase of 48% to $432.6M. Higher net loss reflects Research and development - Balancing increase of 69% to $643M (expense), Stock-based Compensation in R&D increase of 58% to $644.9M (expense). |
Employees: | 7,004 as of Jan 31, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $48,884M as of Jan 31, 2024 |
Annual revenue (TTM): | $2,806M as of Jan 31, 2024 |
EBITDA (TTM): | -$972.87M as of Jan 31, 2024 |
Net annual income (TTM): | -$836.10M as of Jan 31, 2024 |
Free cash flow (TTM): | $750.16M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 334,200,000 as of Mar 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |