earnings
confidence high
sentiment positive
materiality 0.75
Snowflake Q3 FY2022 product revenue $312.5M (+110% YoY); 5,416 customers
Snowflake Inc.
2022-Q3 EPS reported
-$1.84
revenue$835,553,000
- Product revenue $312.5M (+110% YoY); total revenue $334.4M (+110% YoY).
- Remaining performance obligations $1.8B (+94% YoY); net revenue retention rate 173%.
- 148 customers with >$1M trailing product revenue; up from 116 last quarter.
- Non-GAAP operating income $8.5M (3% margin) vs GAAP operating loss ($157.3M).
- Free cash flow $9.5M (3% margin); adjusted free cash flow $21.5M (6% margin).