Snowflake Q3 product revenue $698.5M (+34% YoY); non-GAAP operating margin 10%

Snowflake Inc.

2024-Q3 EPS reported -$2.04 revenue$2,031,790,000

Product revenue $698.5M (+34% YoY); total revenue $734.2M (+32% YoY).
436 customers with >$1M product revenue (+52% YoY); net revenue retention 135%.
RPO $3.7B (+23% YoY); adjusted free cash flow $110.8M (15% margin).
GAAP operating loss $260.6M; non-GAAP operating income $71.9M (10% margin).

item 2.02 item 9.01 item 5.03

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 the third quarter of fiscal 2024, ended October 31, 2023 results: revenue $734.2 million.

Period: the third quarter of fiscal 2024, ended October 31, 2023
Revenue: $734.2 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 2024, ended October 31, 2023. Revenue for the quarter was $734.2 million, representing 32% year-over-year growth. Product revenue for the quarter was $698.5 million, representing 34% year-over-year growth. The company now has 436 customers with

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Snowflake Inc.: Amended and restated bylaws effective November 28, 2023, including revisions to director nomination procedures, stockholder meeting procedures, and technical updates (effective 2023-11-28).

Change: bylaw amendment
Effective: 2023-11-28

Exact text from the filing

On November 28, 2023, the Board of Directors of the Company approved and adopted an amendment and restatement of the Company’s bylaws (the “ Amended and Restated Bylaws ”), effective as of such date.

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39 earnings releases filed in the last 30 days. Browse all earnings releases →

Snowflake Inc. filing history →

Source: SEC EDGAR

accession 0001640147-23-000253

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