earnings
confidence high
sentiment positive
materiality 0.75
Snowflake Q4 product revenue $738.1M (+33% YoY); FY product revenue $2.67B (+38%)
Snowflake Inc.
2024-FY EPS reported
-$2.55
revenue$2,806,489,000
- GAAP operating loss $275.5M (36% margin); non-GAAP operating income $71M (9% margin).
- Remaining performance obligations $5.2B, up 41% YoY; net revenue retention 131%.
- 461 customers with >$1M product revenue (+39% YoY); 691 Forbes Global 2000 customers.
- FY24 adjusted free cash flow $810M (+56% YoY); Q4 free cash flow $324.5M.
- Appointed Emily Ho as principal accounting officer; she remains CAO under CFO Scarpelli.