Snowflake Inc
For the period ended Apr 30, 2024. Filed May 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2024 · Filed May 31, 2024
SNOW$291.14+5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except per share data)
| Three Months Ended April 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $828,709 | $623,599 |
| Cost of revenue | 272,517 | 209,414 |
| Gross profit | 556,192 | 414,185 |
| Operating expenses: | ||
| Sales and marketing | 400,822 | 331,558 |
| Research and development | 410,794 | 277,412 |
| General and administrative | 93,148 | 78,453 |
| Total operating expenses | 904,764 | 687,423 |
| Operating loss | (348,572) | (273,238) |
| Interest income | 54,779 | 43,131 |
| Other expense, net | (21,302) | (2,562) |
| Loss before income taxes | (315,095) | (232,669) |
| Provision for (benefit from) income taxes | 2,721 | (6,605) |
| Net loss | (317,816) | (226,064) |
| Less: net loss attributable to noncontrolling interest | (828) | (437) |
| Net loss attributable to Snowflake Inc. | $(316,988) | $(225,627) |
| Net loss per share attributable to Snowflake Inc. Class A common stockholders—basic and diluted | $(0.95) | $(0.70) |
| Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. Class A common stockholders—basic and diluted | 333,584 | 324,157 |
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