Snowflake Inc.
For the period ended Jan 31, 2025. Filed Mar 21, 2025.
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FY2025 · Filed Mar 21, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
| Class A Common Stock(1) · Treasury Stock(1) · Additional Paid-inCapital · AccumulatedOtherComprehensive Loss · AccumulatedDeficit · Total Snowflake Inc. Stockholders’ Equity · Noncontrolling Interest · TotalStockholders’Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||
| BALANCE—January 31, 2022 | 312,377 | $31 | — | $— | $6,984,669 | $(16,286) | $(1,919,369) | $5,049,045 | $— | $5,049,045 |
| Issuance of common stock upon exercise of stock options | 6,118 | 1 | — | — | 39,742 | — | — | 39,743 | — | 39,743 |
| Issuance of common stock under employee stock purchase plan | 286 | — | — | — | 40,931 | — | — | 40,931 | — | 40,931 |
| Issuance of common stock in connection with a business combination | 1,916 | — | — | — | 438,916 | — | — | 438,916 | — | 438,916 |
| Issuance of common stock in connection with a business combination subject to future vesting | 409 | — | — | — | — | — | — | — | — | — |
| Vesting of early exercised stock options | — | — | — | — | 244 | — | — | 244 | — | 244 |
| Vesting of restricted stock units | 3,348 | — | — | — | — | — | — | — | — | — |
| Shares withheld related to net share settlement of equity awards | (1,149) | — | — | — | (184,702) | — | — | (184,702) | — | (184,702) |
| Stock-based compensation | — | — | — | — | 890,950 | — | — | 890,950 | — | 890,950 |
| Capital contributions from noncontrolling interest holders | — | — | — | — | — | — | — | — | 13,000 | 13,000 |
| Other comprehensive loss | — | — | — | — | — | (21,986) | — | (21,986) | — | (21,986) |
| Net loss | — | — | — | — | — | — | (796,705) | (796,705) | (821) | (797,526) |
| BALANCE—January 31, 2023 | 323,305 | 32 | — | — | 8,210,750 | (38,272) | (2,716,074) | 5,456,436 | 12,179 | 5,468,615 |
| Issuance of common stock upon exercise of stock options | 8,355 | 1 | — | — | 57,162 | — | — | 57,163 | — | 57,163 |
| Issuance of common stock under employee stock purchase plan | 516 | — | — | — | 61,234 | — | — | 61,234 | — | 61,234 |
| Issuance of common stock in connection with a business combination(1) | 896 | — | — | — | 174,284 | — | — | 174,284 | — | 174,284 |
| Issuance of common stock in connection with a business combination subject to future vesting | 385 | — | — | — | — | — | — | — | — | — |
| Vesting of early exercised stock options | — | — | — | — | 163 | — | — | 163 | — | 163 |
| Vesting of restricted stock units | 6,804 | 1 | — | — | (1) | — | — | — | — | — |
| Shares withheld related to net share settlement of equity awards | (2,296) | — | — | — | (387,596) | — | — | (387,596) | — | (387,596) |
| Repurchases of common stock as treasury stock | — | — | (500) | (68,299) | — | — | — | (68,299) | — | (68,299) |
| Repurchases and retirement of common stock, including transaction costs | (3,512) | — | — | — | — | — | (523,433) | (523,433) | — | (523,433) |
| Reissuance of treasury stock upon settlement of equity awards | — | — | 8 | 1,159 | (1,132) | — | — | 27 | — | 27 |
| Stock-based compensation | — | — | — | — | 1,216,374 | — | — | 1,216,374 | — | 1,216,374 |
| Other comprehensive income | — | — | — | — | — | 30,052 | — | 30,052 | — | 30,052 |
| Net loss | — | — | — | — | — | — | (836,097) | (836,097) | (1,893) | (837,990) |
| BALANCE—January 31, 2024 | 334,453 | 34 | (492) | (67,140) | $9,331,238 | (8,220) | (4,075,604) | 5,180,308 | 10,286 | 5,190,594 |
| Issuance of common stock upon exercise of stock options | 6,593 | — | — | — | 44,697 | — | — | 44,697 | — | 44,697 |
| Issuance of common stock under employee stock purchase plan | 660 | — | — | — | 77,053 | — | — | 77,053 | — | 77,053 |
| Issuance of common stock in connection with business combinations | 513 | — | — | — | 87,706 | — | — | 87,706 | — | 87,706 |
| Issuance of common stock in connection with business combinations subject to future vesting | 445 | — | — | — | — | — | — | — | — | — |
| Cancellation of common stock issued in connection with business combinations(1) | (76) | — | — | — | (67) | — | — | (67) | — | (67) |
| Vesting of restricted stock units | 9,859 | 2 | — | — | (2) | — | — | — | — | — |
| Shares withheld related to net share settlement of equity awards | (3,381) | — | — | — | (489,555) | — | — | (489,555) | — | (489,555) |
| Repurchases and retirement of common stock, including transaction costs | (14,765) | (2) | — | — | — | — | (1,932,331) | (1,932,333) | — | (1,932,333) |
| Reissuance of treasury stock upon settlement of equity awards | — | — | 56 | 7,635 | (7,493) | — | — | 142 | — | 142 |
| Purchases of capped calls related to convertible senior notes | — | — | — | — | (195,500) | — | — | (195,500) | — | (195,500) |
| Stock-based compensation | — | — | — | — | 1,507,134 | — | — | 1,507,134 | — | 1,507,134 |
| Other comprehensive income | — | — | — | — | — | 5,984 | — | 5,984 | — | 5,984 |
| Net loss | — | — | — | — | — | — | (1,285,640) | (1,285,640) | (3,572) | (1,289,212) |
| BALANCE—January 31, 2025 | 334,301 | $34 | (436) | $(59,505) | 10,355,211 | $(2,236) | $(7,293,575) | $2,999,929 | $6,714 | $3,006,643 |
(1)In connection with a business combination completed on December 20, 2023, the Company issued approximately 0.2 million shares of its Class A common stock to one of its wholly-owned subsidiaries, in exchange for a noncontrolling equity interest in the acquired company that was held by the subsidiary prior to this business combination. These shares were treated as treasury stock for accounting purposes as of January 31, 2024, and were subsequently transferred to the Company and retired during the fiscal year ended January 31, 2025. These shares are not reflected in the Company’s consolidated statements of stockholders’ equity. See Note 7, “Business Combinations,” and Note 12, “Equity,” for further details.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.