Snowflake Results Presentation Deck
GAAP to Non-GAAP Reconciliations
General & Administrative and Operating Income (Loss)
Product revenue
Professional service and other revenue
Revenue
General & Administrative
GAAP G&A expense
GAAP G&A expense as a % of revenue
Less: Stock-based compensation-related charges
Less: Amortization of acquired intangibles
Less: Expenses associated with acquisitions and strategic investments
Non-GAAP G&A expense
Non-GAAP G&A expense as a % of revenue
Operating Income (Loss)
GAAP operating loss
GAAP operating loss as a % of revenue
Add: Stock-based compensation-related charges
Add: Amortization of acquired intangibles
Add: Expenses associated with acquisitions and strategic investments
Non-GAAP operating income (loss)
Non-GAAP operating income (loss) as a % of revenue
Q3 FY22
$ 312,458
21,983
$ 334,441
Ⓒ2022 Snowflake Inc. All Rights Reserved
$ 64,055
19%
(27,668)
(411)
(35)
$ 35,941
11%
Q4 FY22
$ 359,558
24,216
$ 383,774
$ 8,472
3%
$ 75,187
20%
(33,868)
(412)
(143)
$ 40,764
11%
Q1 FY23
$ 394,434
27,937
$ 422,371
$68,497
16%
(24,943)
(412)
(1,909)
$ 41,233
10%
$(157,271) $(152,029) $(188,766)
(47)%
163,786
1,922
35
(40)%
167,766
2,178
143
(45)%
183,241
5,291
1,909
$ 18,058
5%
$ 1,675
0%
Note: Fiscal year ends January 31. Numbers are in thousands, except per share data and percentages. Numbers are rounded for presentation purposes.
Q2 FY23
$ 466,268
30,980
$ 497,248
$ 73,355
15%
(26,576)
(417)
(614)
$ 45,748
9%
$(207,732)
(42)%
214,282
10,297
614
$ 17,461
4%
Q3 FY23
$ 522,752
34,276
$ 557,028
$76,462
14%
(26,808)
(451)
(3,112)
$ 46,091
8%
$(206,019)
(37)%
235,191
11,088
3,112
$ 43,372
8%
FY21
FY22
$ 553,794 $ 1,140,469
38,255
78,858
$592,049 $ 1,219,327
$ 176,135 $ 265,033
30%
22%
(72,647) (119,492)
(1,069) (1,621)
(296)
(574)
$ 143,346
12%
$ 102,123
17%
$(543,937) $(715,036)
(92)%
315,966
2,777
296
$(224,898)
(38)%
(59)%
675,459
7,828
574
$(31,175)
(3)%
FY23 YTD
$ 1,383,454
93,193
$ 1,476,647
$ 218,314
15%
(78,327)
(1,280)
(5,635)
$ 133,072
9%
$(602,517)
(41)%
632,714
26,676
5,635
$ 62,508
4%
33View entire presentation