SNOW Q4 2023 Earnings — Snowflake Inc. Revenue & Financial Results | Market Cap Arena

SNOWSnowflake Inc.

$60B

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$589M+53.5% YoY

Gross Profit

$383M65.1% margin

Operating Income

-$240M-40.7% margin

Net Income

-$207M-35.2% margin

EPS (Diluted)

$-0.64

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

$217M

Free Cash Flow

$205M

Stock-Based Comp.

$251M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$2.3B

Stockholders' Equity

$5.5B

Cash & Equivalents

$940M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$589M	$384M	+53.5%
Gross Profit	$383M	$250M	+53.6%
Operating Income	-$240M	-$152M	-57.7%
Net Income	-$207M	-$132M	-56.8%

Revenue Segments

Product

$555M94%

Professional Services And Other

$34M6%

Geographic Segments

UNITED STATES

$477M81%

EMEA

$86M15%

Asia-Pacific and Japan

$26M4%