SNOW Q3 2023 Earnings — Snowflake Inc. Revenue & Financial Results | Market Cap Arena

SNOWSnowflake Inc.

$60B

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$557M+66.6% YoY

Gross Profit

$366M65.8% margin

Operating Income

-$206M-37.0% margin

Net Income

-$201M-36.1% margin

EPS (Diluted)

$-0.63

QoQ Revenue Growth

+12.0%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$65M

Stock-Based Comp.

$229M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$1.7B

Stockholders' Equity

$5.4B

Cash & Equivalents

$819M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$557M	$334M	+66.6%
Gross Profit	$366M	$214M	+71.4%
Operating Income	-$206M	-$157M	-31.0%
Net Income	-$201M	-$155M	-29.8%

Revenue Segments

Product

$523M94%

Professional Services And Other

$34M6%

Geographic Segments

UNITED STATES

$453M81%

EMEA

$79M14%

Asia-Pacific and Japan

$25M4%