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SNOW Q2 2023 Earnings — Snowflake Inc. Revenue & Financial Results | Market Cap Arena
SNOW
Snowflake Inc.
$60B
Q2 2023 Earnings
Technology
Software - Application
Income Statement
Revenue
$497M
+82.7% YoY
Gross Profit
$324M
65.2% margin
Operating Income
-$208M
-41.8% margin
Net Income
-$223M
-44.8% margin
EPS (Diluted)
$-0.70
QoQ Revenue Growth
+17.7%
Cash Flow
Operating Cash Flow
$64M
Free Cash Flow
$54M
Stock-Based Comp.
$209M
Balance Sheet
Total Assets
$7.1B
Total Liabilities
$1.6B
Stockholders' Equity
$5.4B
Cash & Equivalents
$907M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$497M
$272M
+82.7%
Gross Profit
$324M
$166M
+95.1%
Operating Income
-$208M
-$200M
-3.8%
Net Income
-$223M
-$190M
-17.4%
Revenue Segments
Product
$466M
94%
Professional Services And Other
$31M
6%
Geographic Segments
UNITED STATES
$405M
81%
EMEA
$70M
14%
Asia-Pacific and Japan
$23M
5%
← FY 2023
All Quarters
Q3 2023 →