Snowflake Past Earnings Performance
Past criteria checks 0/6
Snowflake's earnings have been declining at an average annual rate of -19.9%, while the IT industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 43% per year.
Key information
-19.9%
Earnings growth rate
22.7%
EPS growth rate
| IT Industry Growth | 14.0% |
| Revenue growth rate | 43.0% |
| Return on equity | -38.6% |
| Net Margin | -33.0% |
| Last Earnings Update | 31 Oct 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Snowflake makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Oct 24 | 3,414 | -1,128 | 1,986 | 1,646 |
| 31 Jul 24 | 3,206 | -1,017 | 1,870 | 1,552 |
| 30 Apr 24 | 3,012 | -927 | 1,799 | 1,428 |
| 31 Jan 24 | 2,806 | -836 | 1,715 | 1,288 |
| 31 Oct 23 | 2,621 | -874 | 1,647 | 1,158 |
| 31 Jul 23 | 2,444 | -861 | 1,576 | 1,038 |
| 30 Apr 23 | 2,267 | -857 | 1,497 | 908 |
| 31 Jan 23 | 2,066 | -797 | 1,397 | 788 |
| 31 Oct 22 | 1,860 | -722 | 1,300 | 669 |
| 31 Jul 22 | 1,638 | -676 | 1,192 | 574 |
| 30 Apr 22 | 1,413 | -643 | 1,092 | 508 |
| 31 Jan 22 | 1,219 | -680 | 1,009 | 467 |
| 31 Oct 21 | 1,026 | -747 | 944 | 438 |
| 31 Jul 21 | 851 | -761 | 878 | 396 |
| 30 Apr 21 | 712 | -649 | 753 | 314 |
| 31 Jan 21 | 592 | -539 | 655 | 238 |
| 31 Oct 20 | 489 | -423 | 550 | 174 |
| 31 Jul 20 | 403 | -343 | 468 | 127 |
| 30 Apr 20 | 330 | -358 | 445 | 117 |
| 31 Jan 20 | 265 | -349 | 401 | 105 |
| 31 Jan 19 | 97 | -178 | 162 | 69 |
Quality Earnings: 5Q5 is currently unprofitable.
Growing Profit Margin: 5Q5 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 5Q5 is unprofitable, and losses have increased over the past 5 years at a rate of 19.9% per year.
Accelerating Growth: Unable to compare 5Q5's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 5Q5 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (8.5%).
Return on Equity
High ROE: 5Q5 has a negative Return on Equity (-38.62%), as it is currently unprofitable.