Snowflake Results Presentation Deck slide image

Snowflake Results Presentation Deck

GAAP to Non-GAAP Reconciliations Product Gross Profit, Sales & Marketing, Research & Development Product revenue Professional service and other revenue Revenue Gross Profit GAAP product gross profit GAAP product gross margin Add: Stock-based compensation-related charges Add: Amortization of acquired intangibles Non-GAAP product gross profit Non-GAAP product gross margin Sales & Marketing GAAP S&M expense GAAP S&M expense as a % of revenue Less: Stock-based compensation-related charges Less: Amortization of acquired intangibles Non-GAAP S&M expense Non-GAAP S&M expense as a % of revenue Research & Development GAAP R&D expense GAAP R&D expense as a % of revenue Less: Stock-based compensation-related charges Less: Amortization of acquired intangibles Non-GAAP R&D expense Non-GAAP R&D expense as a % of revenue Q3 FY22 $ 312,458 21,983 $ 334,441 Ⓒ2022 Snowflake Inc. All Rights Reserved $ 220,166 70% 12,419 567 $ 233,152 75% $ 190,971 57 % (54,098) $ 136,873 40 % $ 115,900 35% (59,693) (944) $ 55,263 17% Q4 FY22 $ 359,558 24,216 $ 383,774 $ 257,161 72% 11,892 566 $ 269,619 75% $ 203,287 53% (49,791) $ 153,496 39% $ 123,149 32% (61,686) (1,200) $ 60,263 16% Q1 FY23 $ 394,434 27,937 $ 422,371 $ 283,023 72% 13,141 567 $ 296,731 75 % $ 243,912 58% (57,624) (2,546) $ 183,742 44% $ 150,798 36% (75,784) (1,766) $ 73,248 17% 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 $ 334,662 72% 15,122 566 $ 350,350 75% $ 274,645 55% (62,173) (7,555) $ 204,917 41% $ 183,748 37% (97,839) (1,759) $ 84,150 17% Q3 FY23 $ 522,752 34,276 $ 557,028 $ 376,823 72 % 15,784 1,299 $ 393,906 75% $ 284,477 51% (67,415) (7,553) $ 209,509 37% $ 211,387 38 % (111,431) (1,785) $ 98,171 18% FY21 FY22 $ 553,794 $1,140,469 38,255 78,858 $592,049 $ 1,219,327 $ 359,959 65% 18,724 1,696 $380,379 69% $479,317 81% (104,537) (12) $374,768 63% $ 237,946 40 % (103,954) $ 133,992 23 % $ 792,652 70% 49,705 2,266 $ 844,623 74% $ 743,965 61% (215,760) $ 528,205 43% $ 466,932 38% (248,032) (3,941) $ 214,959 18% FY23 YTD $ 1,383,454 93,193 $ 1,476,647 $ 994,508 72% 44,047 2,432 $ 1,040,987 75 % $ 803,034 54% (187,212) (17,654) $598,168 41% $ 545,933 37% (285,054) (5,310) $ 255,569 17% 32
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