Snowflake Inc.
NYSE:SNOW
Income Statement
Earnings Waterfall
Snowflake Inc.
Income Statement
Snowflake Inc.
| Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | Apr-2025 | Jul-2025 | Oct-2025 | Jan-2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
5
|
7
|
8
|
0
|
|
| Revenue |
169
N/A
|
214
+26%
|
265
+24%
|
330
+25%
|
403
+22%
|
489
+22%
|
592
+21%
|
712
+20%
|
851
+20%
|
1 026
+21%
|
1 219
+19%
|
1 413
+16%
|
1 638
+16%
|
1 860
+14%
|
2 066
+11%
|
2 267
+10%
|
2 444
+8%
|
2 621
+7%
|
2 806
+7%
|
3 012
+7%
|
3 206
+6%
|
3 414
+6%
|
3 626
+6%
|
3 840
+6%
|
4 116
+7%
|
4 387
+7%
|
4 684
+7%
|
|
| Gross Profit | ||||||||||||||||||||||||||||
| Cost of Revenue |
(87)
|
(102)
|
(117)
|
(135)
|
(157)
|
(194)
|
(243)
|
(297)
|
(353)
|
(407)
|
(458)
|
(509)
|
(576)
|
(646)
|
(718)
|
(779)
|
(824)
|
(862)
|
(899)
|
(962)
|
(1 031)
|
(1 123)
|
(1 215)
|
(1 291)
|
(1 375)
|
(1 445)
|
(1 543)
|
|
| Gross Profit |
83
N/A
|
111
+35%
|
148
+33%
|
195
+31%
|
246
+26%
|
295
+20%
|
349
+18%
|
415
+19%
|
498
+20%
|
619
+24%
|
761
+23%
|
904
+19%
|
1 062
+17%
|
1 214
+14%
|
1 348
+11%
|
1 488
+10%
|
1 619
+9%
|
1 758
+9%
|
1 908
+9%
|
2 050
+7%
|
2 175
+6%
|
2 291
+5%
|
2 412
+5%
|
2 549
+6%
|
2 741
+8%
|
2 942
+7%
|
3 141
+7%
|
|
| Operating Income | ||||||||||||||||||||||||||||
| Operating Expenses |
(376)
|
(456)
|
(506)
|
(562)
|
(595)
|
(724)
|
(893)
|
(1 068)
|
(1 274)
|
(1 382)
|
(1 476)
|
(1 600)
|
(1 766)
|
(1 966)
|
(2 187)
|
(2 453)
|
(2 622)
|
(2 817)
|
(3 001)
|
(3 218)
|
(3 413)
|
(3 634)
|
(3 868)
|
(3 997)
|
(4 170)
|
(4 334)
|
(4 472)
|
|
| Selling, General & Administrative |
(288)
|
(353)
|
(401)
|
(445)
|
(468)
|
(550)
|
(655)
|
(753)
|
(878)
|
(944)
|
(1 009)
|
(1 092)
|
(1 192)
|
(1 296)
|
(1 399)
|
(1 498)
|
(1 578)
|
(1 652)
|
(1 713)
|
(1 797)
|
(1 868)
|
(1 979)
|
(2 084)
|
(2 152)
|
(2 260)
|
(2 374)
|
(2 458)
|
|
| Research & Development |
(88)
|
(103)
|
(105)
|
(117)
|
(127)
|
(174)
|
(238)
|
(314)
|
(396)
|
(438)
|
(467)
|
(508)
|
(574)
|
(669)
|
(788)
|
(915)
|
(1 045)
|
(1 166)
|
(1 288)
|
(1 421)
|
(1 545)
|
(1 655)
|
(1 783)
|
(1 845)
|
(1 897)
|
(1 948)
|
(1 965)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(26)
|
(49)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
0
|
|
| Operating Income |
(294)
N/A
|
(345)
-17%
|
(358)
-4%
|
(367)
-3%
|
(349)
+5%
|
(429)
-23%
|
(544)
-27%
|
(653)
-20%
|
(776)
-19%
|
(763)
+2%
|
(715)
+6%
|
(696)
+3%
|
(704)
-1%
|
(751)
-7%
|
(839)
-12%
|
(965)
-15%
|
(1 003)
-4%
|
(1 059)
-6%
|
(1 093)
-3%
|
(1 168)
-7%
|
(1 238)
-6%
|
(1 343)
-8%
|
(1 456)
-8%
|
(1 448)
+1%
|
(1 428)
+1%
|
(1 392)
+3%
|
(1 331)
+4%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||
| Interest Income Expense |
13
|
13
|
12
|
10
|
9
|
8
|
8
|
8
|
16
|
17
|
37
|
30
|
35
|
48
|
61
|
106
|
149
|
186
|
251
|
228
|
220
|
212
|
186
|
201
|
199
|
198
|
182
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(29)
|
(37)
|
(41)
|
0
|
(15)
|
(7)
|
(5)
|
(24)
|
(29)
|
(33)
|
(12)
|
(145)
|
(143)
|
(138)
|
(104)
|
|
| Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
1
|
2
|
1
|
2
|
2
|
2
|
3
|
2
|
1
|
(2)
|
(2)
|
32
|
32
|
35
|
(4)
|
(2)
|
(5)
|
(7)
|
(59)
|
|
| Pre-Tax Income |
(282)
N/A
|
(332)
-18%
|
(348)
-5%
|
(357)
-3%
|
(342)
+4%
|
(422)
-24%
|
(537)
-27%
|
(647)
-20%
|
(759)
-17%
|
(744)
+2%
|
(677)
+9%
|
(666)
+2%
|
(696)
-4%
|
(739)
-6%
|
(816)
-10%
|
(856)
-5%
|
(868)
-1%
|
(882)
-2%
|
(849)
+4%
|
(932)
-10%
|
(1 015)
-9%
|
(1 129)
-11%
|
(1 285)
-14%
|
(1 394)
-8%
|
(1 378)
+1%
|
(1 340)
+3%
|
(1 312)
+2%
|
|
| Net Income | ||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
23
|
20
|
17
|
18
|
(2)
|
6
|
7
|
11
|
2
|
(6)
|
(4)
|
(4)
|
(7)
|
(3)
|
(5)
|
(17)
|
|
| Income from Continuing Operations |
(282)
|
(333)
|
(349)
|
(358)
|
(343)
|
(423)
|
(539)
|
(649)
|
(761)
|
(747)
|
(680)
|
(643)
|
(676)
|
(722)
|
(798)
|
(858)
|
(862)
|
(876)
|
(838)
|
(930)
|
(1 020)
|
(1 133)
|
(1 289)
|
(1 401)
|
(1 382)
|
(1 345)
|
(1 329)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
3
|
6
|
4
|
3
|
2
|
(4)
|
(3)
|
|
| Net Income (Common) |
(282)
N/A
|
(333)
-18%
|
(349)
-5%
|
(358)
-3%
|
(343)
+4%
|
(423)
-24%
|
(539)
-27%
|
(649)
-20%
|
(761)
-17%
|
(747)
+2%
|
(680)
+9%
|
(643)
+6%
|
(676)
-5%
|
(722)
-7%
|
(797)
-10%
|
(857)
-8%
|
(861)
0%
|
(874)
-2%
|
(836)
+4%
|
(927)
-11%
|
(1 017)
-10%
|
(1 128)
-11%
|
(1 286)
-14%
|
(1 399)
-9%
|
(1 380)
+1%
|
(1 350)
+2%
|
(1 332)
+1%
|
|
| EPS (Diluted) |
-1.02
N/A
|
-1.21
-19%
|
-1.26
-4%
|
-1.3
-3%
|
-1.24
+5%
|
-1.49
-20%
|
-1.87
-26%
|
-2.24
-20%
|
-2.55
-14%
|
-2.46
+4%
|
-2.26
+8%
|
-2.04
+10%
|
-2.12
-4%
|
-2.25
-6%
|
-2.5
-11%
|
-2.64
-6%
|
-2.62
+1%
|
-2.65
-1%
|
-2.55
+4%
|
-2.8
-10%
|
-3.06
-9%
|
-3.39
-11%
|
-3.86
-14%
|
-4.21
-9%
|
-4.11
+2%
|
-3.97
+3%
|
-3.95
+1%
|
|