Snowflake Results Presentation Deck
Fiscal 2023 Guidance
Product Revenue ($M)
Y/Y Product Revenue Growth
Non-GAAP Product Gross
Profit¹
Non-GAAP Operating Income
(Loss) ¹
Non-GAAP Adjusted Free Cash
Flow ¹
FY20
$252
164%
62.8%
(105)%
(75)%
FY21
$554
120%
68.7%
(38)%
(12)%
FY22
$1,140
106%
74.1%
(3)%
12%
FY23
Guidance
Midpoint
$1,922
68%
75%
3%
21%
FY29 Target
-$10,000
-30%
-78%
-20%
-25%
Note: Fiscal year ends January 31. Numbers are rounded for presentation purposes.
1. Please see the Appendix for reconciliations of these non-GAAP financial measures to their nearest GAAP equivalents and for the calculation of certain other financial metrics for historical periods. A reconciliation of non-GAAP guidance
measures to corresponding GAAP guidance measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future.
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