---
schema_version: "secwatch.filing_event.v1"
accession: "0001640147-23-000004"
form_type: "8-K"
ticker: "SNOW"
cik: "0001640147"
company_name: "Snowflake Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:06:49.719701+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Snowflake Q4 product rev $555M (+54% YoY); FY product rev $1.9B (+70%); $2B buyback authorized

## Summary
- Q4 product revenue $555.3M (+54% YoY); total revenue $589.0M (+53% YoY).
- Remaining performance obligations $3.7B (+38% YoY); net revenue retention rate 158%.
- 7,828 total customers; 330 customers with >$1M trailing 12-month product revenue.
- Full-year product revenue $1.9B (+70% YoY); non-GAAP adjusted FCF margin 25%.
- Board authorized $2.0B stock repurchase program; CEO reiterates $10B product revenue goal for FY2029.

## SEC filing metadata
- accession: 0001640147-23-000004
- form_type: 8-K
- ticker: SNOW
- cik: 0001640147
- company_name: Snowflake Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640147/000164014723000004/0001640147-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640147/000164014723000004/snow-20230301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640147-23-000004
- JSON: https://secwatch.observer/filing/0001640147-23-000004.json
- Plain text: https://secwatch.observer/filing/0001640147-23-000004.txt

## Key facts
- Earnings Releases
  Snowflake Inc. reported the fourth quarter of fiscal 2023 ended January 31, 2023 results: revenue $589.0 million.
  - Period: the fourth quarter of fiscal 2023 ended January 31, 2023
  - Revenue: $589.0 million
  - Result: reported results
  source text: Revenue for the quarter was $589.0 million, representing 53% year-over-year growth.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1640147/000164014723000004/0001640147-23-000004-index.htm
- Earnings Releases
  Snowflake Inc. reported financial results for full-year of fiscal 2023 ended January 31, 2023.
  - Period: full-year of fiscal 2023 ended January 31, 2023
  - Result: reported results
  source text: Snowflake finished fiscal 2023 with 70% year-over-year product revenue growth, totaling $1.9 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1640147/000164014723000004/0001640147-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.