Snowflake Past Earnings Performance
Past criteria checks 0/6
Snowflake's earnings have been declining at an average annual rate of -22.5%, while the IT industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 47.6% per year.
Key information
-22.5%
Earnings growth rate
26.6%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 47.6% |
| Return on equity | -16.1% |
| Net Margin | -29.8% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
Recent updates
A Look At The Intrinsic Value Of Snowflake Inc. (NYSE:SNOW)
Apr 19
Snowflake: New Leadership Risk With High Reward Potential, Cautious Buy
Apr 11Snowflake: Not An AI Beneficiary Yet
Apr 04Snowflake's Meltdown Is Not Drastic Enough - Still Expensive Here
Mar 28Snowflake: The Many Red Flags Give Ample Reasons To Avoid This Stock
Mar 19Snowflake Q4: A Buy Amidst Conservative Guidance And Expansion Opportunities
Mar 12Snowflake Inc.'s (NYSE:SNOW) 27% Cheaper Price Remains In Tune With Revenues
Mar 09Snowflake: Meltdown Offers A Warning For AI Overhype
Mar 06Snowflake Q4 Earnings: Don't Buy This Dip
Feb 29Snowflake Has A Lot To Prove Or Lose In Its Next Growth Phase
Feb 13Is It Time To Consider Buying Snowflake Inc. (NYSE:SNOW)?
Feb 02Snowflake's High Growth Days Could Be Numbered
Jan 30Snowflake: Rapidly Improving Margins Fuel Upside Potential
Jan 08Snowflake: Uncovering The Upside Potential From The Make-Or-Break Year(s) Ahead
Dec 23Calculating The Fair Value Of Snowflake Inc. (NYSE:SNOW)
Dec 22Snowflake: Stock Surge Shows Why Overvaluation Fears Were Overstated
Dec 06Snowflake Q3 Review: Too Far, Too Fast
Nov 30Snowflake: Despite Easing Headwinds, Recovery Will Take Time
Nov 24Snowflake: Stellar Revenue Growth, But Valuation Is Too Generous
Nov 03Snowflake Stock: Outlook As It Shows 'Signs Of Stabilization'
Oct 19Snowflake: The Data-Driven Age Of Generative AI
Oct 01Snowflake: The Rally Is Just Getting Started - Don't Miss It This Time
Sep 20An Intrinsic Calculation For Snowflake Inc. (NYSE:SNOW) Suggests It's 27% Undervalued
Sep 19Snowflake: Temporary Melting, Downgrade To Hold
Aug 29Snowflake Inc.'s (NYSE:SNOW) P/S Is On The Mark
Aug 23Snowflake Q2 Earnings Preview - Watch For Spend Optimization
Aug 22Snowflake: Why The Partnership With Microsoft Is A Game Changer
Jul 27Snowflake: Huge Market Opportunity, But Not Without Risks
Jul 21Can Snowflake Out-Innovate Big Tech In The Race For Data Warehousing Supremacy?
Jul 12Snowflake: Accelerating Our Reality Upload Despite Macro Headwinds
Jun 27Snowflake: Disrupting Siloed Data With Data Analytics And Machine Learning
Jun 18Snowflake Inc. (NYSE:SNOW) Shares Could Be 32% Above Their Intrinsic Value Estimate
Jun 13Snowflake: Unwarranted Rebound
Jun 01Snowflake Q1: Weak Growth Outlook To Compress Lofty Valuation Multiple
May 24Revenue & Expenses BreakdownBeta
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 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: SNOW is currently unprofitable.
Growing Profit Margin: SNOW is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SNOW is unprofitable, and losses have increased over the past 5 years at a rate of 22.5% per year.
Accelerating Growth: Unable to compare SNOW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SNOW is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (1.3%).
Return on Equity
High ROE: SNOW has a negative Return on Equity (-16.14%), as it is currently unprofitable.