Snowflake Inc
For the period ended Jul 31, 2024. Filed Aug 29, 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.
Jul 31, 2024 · Filed Aug 29, 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 Balance Sheets
(in thousands, except per share data)
| July 31, 2024 | January 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,282,045 | $1,762,749 |
| Short-term investments | 1,948,462 | 2,083,499 |
| Accounts receivable, net | 431,597 | 926,902 |
| Deferred commissions, current | 86,899 | 86,096 |
| Prepaid expenses and other current assets | 149,085 | 180,018 |
| Total current assets | 3,898,088 | 5,039,264 |
| Long-term investments | 697,406 | 916,307 |
| Property and equipment, net | 264,778 | 247,464 |
| Operating lease right-of-use assets | 272,459 | 252,128 |
| Goodwill | 984,076 | 975,906 |
| Intangible assets, net | 286,538 | 331,411 |
| Deferred commissions, non-current | 177,457 | 187,093 |
| Other assets | 363,084 | 273,810 |
| Total assets | $6,943,886 | $8,223,383 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $134,537 | $51,721 |
| Accrued expenses and other current liabilities | 448,926 | 446,860 |
| Operating lease liabilities, current | 32,843 | 33,944 |
| Deferred revenue, current | 1,848,376 | 2,198,705 |
| Total current liabilities | 2,464,682 | 2,731,230 |
| Operating lease liabilities, non-current | 279,969 | 254,037 |
| Deferred revenue, non-current | 12,280 | 14,402 |
| Other liabilities | 49,367 | 33,120 |
| Total liabilities | 2,806,298 | 3,032,789 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity: | ||
| Preferred stock; $0.0001 par value per share; 200,000 shares authorized, zero shares issued and outstanding as of each July 31, 2024 and January 31, 2024 | — | — |
| Common stock; $0.0001 par value per share; 2,500,000 Class A shares authorized, 335,620 and 334,453 shares issued and outstanding as of July 31, 2024 and January 31, 2024, respectively (excluding 200 shares held by a wholly-owned subsidiary and treated as treasury stock for accounting purposes as of each July 31, 2024 and January 31, 2024); 185,461 Class B shares authorized, zero shares issued and outstanding as of each July 31, 2024 and January 31, 2024 | 34 | 34 |
| Treasury stock, at cost; 460 and 492 shares held as of July 31, 2024 and January 31, 2024, respectively | (62,800) | (67,140) |
| Additional paid-in capital | 9,822,965 | 9,331,238 |
| Accumulated other comprehensive loss | (5,379) | (8,220) |
| Accumulated deficit | (5,625,819) | (4,075,604) |
| Total Snowflake Inc. stockholders’ equity | 4,129,001 | 5,180,308 |
| Noncontrolling interest | 8,587 | 10,286 |
| Total stockholders’ equity | 4,137,588 | 5,190,594 |
| Total liabilities and stockholders’ equity | $6,943,886 | $8,223,383 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.