Snowflake Q3 product revenue $523M, +67% YoY; RPO $3.0B, 66% YoY growth

Snowflake Inc.

2023-Q3 EPS reported -$1.86 revenue$1,476,647,000

Product revenue $522.8M (+67% YoY); total revenue $557.0M (+67% YoY).
Remaining performance obligations $3.0B (+66% YoY); net revenue retention rate 165%.
7,292 total customers; 287 customers with trailing 12-month product revenue >$1M.
Non-GAAP product gross margin 75%; non-GAAP operating income $43.4M (8% margin).
Free cash flow $65.0M (12% FCF margin).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Snowflake Inc. reported third quarter of fiscal 2023 ended October 31, 2022 results: revenue $557.0 million.

Period: third quarter of fiscal 2023 ended October 31, 2022
Revenue: $557.0 million
Result: reported results

Exact text from the filing

Snowflake (NYSE: SNOW), the Data Cloud company, today announced financial results for its third quarter of fiscal 2023, ended October 31, 2022. Revenue for the quarter was $557.0 million, representing 67% year-over-year growth.

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Source: SEC EDGAR

accession 0001640147-22-000097

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