Snowflake Inc
For the period ended Apr 30, 2025. Filed May 30, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed May 30, 2025
SNOW$295.76+1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Three Months Ended April 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss | $(429,952) | $(317,816) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization | 48,804 | 40,221 |
| Non-cash operating lease costs | 17,842 | 13,722 |
| Amortization of deferred commissions | 25,796 | 22,764 |
| Stock-based compensation, net of amounts capitalized | 379,460 | 331,936 |
| Net accretion of discounts on investments | (7,652) | (11,992) |
| Net realized and unrealized losses on strategic investments in equity securities | 29,685 | 20,695 |
| Amortization of debt issuance costs | 2,071 | — |
| Asset impairment related to office facility exit | 106,488 | — |
| Other | (5,174) | 669 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 393,657 | 579,319 |
| Deferred commissions | (31,114) | (14,940) |
| Prepaid expenses and other assets | (17,852) | (1,111) |
| Accounts payable | (4,423) | 21,244 |
| Accrued expenses and other liabilities | 3,935 | (54,688) |
| Operating lease liabilities | (11,838) | (13,374) |
| Deferred revenue | (271,360) | (261,181) |
| Net cash provided by operating activities | 228,373 | 355,468 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (44,989) | (16,519) |
| Capitalized internal-use software development costs | — | (7,404) |
| Purchases of investments | (1,012,575) | (1,078,261) |
| Sales of investments | 17,399 | 30,360 |
| Maturities and redemptions of investments | 984,182 | 921,395 |
| Settlement of cash flow hedges | — | (749) |
| Net cash used in investing activities | (55,983) | (151,178) |
| Cash flows from financing activities: | ||
| Proceeds from exercise of stock options | 6,260 | 10,686 |
| Proceeds from issuance of common stock under employee stock purchase plan | 53,193 | 46,735 |
| Taxes paid related to net share settlement of equity awards | (132,498) | (174,590) |
| Repurchases of common stock | (490,638) | (516,329) |
| Payments of deferred purchase consideration for a business combination | (374) | — |
| Net cash used in financing activities | (564,057) | (633,498) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 12,397 | (2,633) |
| Net decrease in cash, cash equivalents, and restricted cash | (379,270) | (431,841) |
| Three Months Ended April 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash, cash equivalents, and restricted cash—beginning of period | 2,698,678 | 1,780,977 |
| Cash, cash equivalents, and restricted cash—end of period | $2,319,408 | $1,349,136 |
| Supplemental disclosures of non-cash investing and financing activities: | ||
| Property and equipment included in accounts payable and accrued expenses | $32,184 | $16,793 |
| Stock-based compensation included in capitalized internal-use software development costs | $— | $9,295 |
| Unpaid taxes related to net share settlement of equity awards included in accrued expenses and other current liabilities | $6,109 | $9,354 |
| Reconciliation of cash, cash equivalents, and restricted cash: | ||
| Cash and cash equivalents | $2,243,083 | $1,330,411 |
| Restricted cash—included in other assets and prepaid expenses and other current assets | 76,325 | 18,725 |
| Total cash, cash equivalents, and restricted cash | $2,319,408 | $1,349,136 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.