Business Description
Snowflake Inc. delivers a cloud-centric data platform to customers across both the United States and international markets. The company's core offering, known as the Data Cloud, enables users to unify disparate data sources into a singular, reliable foundation. This unified data then facilitates the extraction of crucial business intelligence, the creation of innovative data-driven applications, and secure data sharing. This adaptable platform serves a wide array of organizations, encompassing various sizes and industries. Originating in 2012, the enterprise was initially recognized as Snowflake Computing, Inc., before officially rebranding to Snowflake Inc. in April 2019. Its principal operations are conducted from Bozeman, Montana.
Business History
Price Overview
Last updated: Jun 27, 2026 8:01am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -3.95
Total Equity: $1.92B
Shares: 337,493,000
Total Debt: $2.33B
Cash: $2.83B
EBITDA: -$1.08B
Total Debt: $2.33B
Cash: $2.83B
Revenue: $4.68B
Shares: 337,493,000
Revenue: $4.68B
Revenue: $4.68B
Revenue: $4.68B
Total Equity: $1.92B
Tax Rate: -1.5%
Equity: $1.92B
Total Debt: $2.33B
Cash: $2.83B
Current Liabilities: $4.42B
Long-Term Debt: $2.28B
Total Debt: $2.33B
Total Equity: $1.92B
Shares: 337,493,000
Shares: 337,493,000
CapEx: -$101.63M
Shares: 337,493,000
Stock Price: $248.96
Net Income: -$1.33B
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 22, 2026 3:02am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $2.1B | $2.8B | $3.6B | $4.7B |
| Cost of Revenue | $458.4M | $717.5M | $898.6M | $1.2B | $1.5B |
| Gross Profit | $760.9M | $1.3B | $1.9B | $2.4B | $3.1B |
| Operating Expenses | $1.5B | $2.2B | $3.0B | $3.9B | $4.6B |
| Operating Income | -$715.0M | -$842.3M | -$1.1B | -$1.5B | -$1.4B |
| Net Income | -$679.9M | -$796.7M | -$836.1M | -$1.3B | -$1.3B |
| EBITDA | -$655.5M | -$752.5M | -$729.3M | -$1.1B | -$1.1B |
| EPS | $-2.26 | $-2.50 | $-2.55 | $-3.86 | $-3.95 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 22, 2026 3:02am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1.1B | $939.9M | $1.8B | $2.6B | $2.8B |
| Total Current Assets | $4.6B | $5.0B | $5.0B | $5.8B | $5.7B |
| Total Assets | $6.6B | $7.7B | $8.2B | $9.0B | $9.1B |
| Current Liabilities | $1.4B | $2.0B | $2.7B | $3.3B | $4.4B |
| Long-Term Debt | $0 | $0 | $0 | $2.3B | $2.3B |
| Total Liabilities | $1.6B | $2.3B | $3.0B | $6.0B | $7.2B |
| Total Equity | $5.0B | $5.5B | $5.2B | $3.0B | $1.9B |
| Retained Earnings | -$1.9B | -$2.7B | -$4.1B | -$7.3B | -$9.5B |
Cash Flow (Annual)
Last updated: Jun 22, 2026 3:02am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $110.2M | $545.6M | $848.1M | $959.8M | $1.2B |
| Capital Expenditure | -$29.0M | -$49.1M | -$69.2M | -$46.3M | -$101.6M |
| Free Cash Flow | $81.2M | $496.5M | $778.9M | $913.5M | $1.1B |
| Acquisitions (net) | $0 | -$362.6M | -$275.7M | -$30.3M | -$178.9M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | -$591.7M | -$1.9B | -$873.5M |
| Net Change in Cash | $250.5M | -$145.8M | $822.8M | $866.0M | $165.6M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 8:01am (just now)| Metric | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|
| Revenue |
$7.7B $7.3B – $8.0B
|
$9.6B $9.6B – $9.6B
|
$11.3B $10.9B – $11.7B
|
$12.8B $12.4B – $13.3B
|
| EBITDA |
$278.3M $264.6M – $290.1M
|
$348.5M $347.8M – $349.1M
|
$409.8M $394.7M – $423.7M
|
$466.3M $449.2M – $482.2M
|
| Net Income |
$1.0B $792.4M – $1.2B
|
$1.2B $638.8M – $1.8B
|
$1.7B $1.6B – $1.8B
|
$2.0B $1.9B – $2.1B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 22, 2026 3:02am (5d ago)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue Growth | +69.4% | +35.9% | +29.2% | +29.2% |
| Gross Profit Growth | +77.2% | +41.5% | +26.4% | +30.5% |
| Operating Income Growth | -17.8% | -30.0% | -33.0% | +1.4% |
| Net Income Growth | -17.2% | -4.9% | -53.8% | -3.6% |
| EBITDA Growth | -14.8% | +3.1% | -50.8% | +1.5% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-24 | Ho Emily | S-Sale | 1,860.00 | $232.25 | $431,976 |
| 2026-06-22 | Beaulier Jonathan Mead | S-Sale | 9,367.00 | $231.98 | $2.2M |
| 2026-06-22 | Beaulier Jonathan Mead | F-InKind | 69.00 | $232.29 | $16,028 |
| 2026-06-22 | Beaulier Jonathan Mead | F-InKind | 470.00 | $232.29 | $109,176 |
| 2026-06-22 | Beaulier Jonathan Mead | F-InKind | 171.00 | $232.29 | $39,722 |
| 2026-06-22 | Ramaswamy Sridhar | F-InKind | 3,415.00 | $232.29 | $793,270 |
| 2026-06-22 | Ramaswamy Sridhar | F-InKind | 1,012.00 | $232.29 | $235,077 |
| 2026-06-22 | Ho Emily | F-InKind | 312.00 | $232.29 | $72,474 |
| 2026-06-22 | Ho Emily | F-InKind | 708.00 | $232.29 | $164,461 |
| 2026-06-22 | Raghunathan Vivek | F-InKind | 3,603.00 | $232.29 | $836,941 |
| 2026-06-22 | Kleinerman Christian | F-InKind | 1,793.00 | $232.29 | $416,496 |
| 2026-06-22 | Kleinerman Christian | F-InKind | 859.00 | $232.29 | $199,537 |
| 2026-06-23 | Kleinerman Christian | S-Sale | 2,621.00 | $228.45 | $598,767 |
| 2026-06-18 | Slootman Frank | M-Exempt | 200,000.00 | $8.88 | $1.8M |
| 2026-06-18 | Slootman Frank | M-Exempt | 200,000.00 | $8.88 | $1.8M |
| 2026-06-18 | Slootman Frank | S-Sale | 15,196.00 | $220.13 | $3.3M |
| 2026-06-18 | Slootman Frank | S-Sale | 19,465.00 | $221.38 | $4.3M |
| 2026-06-18 | Slootman Frank | S-Sale | 27,553.00 | $222.30 | $6.1M |
| 2026-06-18 | Slootman Frank | S-Sale | 27,619.00 | $223.15 | $6.2M |
| 2026-06-18 | Slootman Frank | S-Sale | 19,615.00 | $224.39 | $4.4M |
Narrative Economics
market-narrative step).