Snowflake Historical Income Statement

SNOW Stock  USD 161.60  1.56  0.97%   
Historical analysis of Snowflake income statement accounts such as Other Operating Expenses of 4.1 B, Cost Of Revenue of 990.1 M, Total Operating Expenses of 3.1 B or Total Other Income Expense Net of 257.8 M can show how well Snowflake performed in making a profits. Evaluating Snowflake income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Snowflake's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Snowflake latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Snowflake is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snowflake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

About Snowflake Income Statement Analysis

Snowflake Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Snowflake shareholders. The income statement also shows Snowflake investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Snowflake Income Statement Chart

Snowflake Income Statement is one of the three primary financial statements used for reporting Snowflake's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Snowflake revenue and expense. Snowflake Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Snowflake's Interest Income is fairly stable compared to the past year. Research Development is likely to climb to about 1.3 B in 2024, despite the fact that EBIT is likely to grow to (1 B).

Total Revenue

Total revenue comprises all receipts Snowflake generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Snowflake minus its cost of goods sold. It is profit before Snowflake operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Snowflake. It is also known as Snowflake overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Snowflake income statement and represents the costs associated with goods and services Snowflake provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Snowflake's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Snowflake current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snowflake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.At this time, Snowflake's Interest Income is fairly stable compared to the past year. Research Development is likely to climb to about 1.3 B in 2024, despite the fact that EBIT is likely to grow to (1 B).
 2021 2022 2023 2024 (projected)
Gross Profit760.9M1.3B1.9B2.0B
Total Revenue1.2B2.1B2.8B2.9B

Snowflake income statement Correlations

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0.880.980.93-0.75-0.81-0.690.910.950.87-0.74-0.77-0.80.910.910.760.82-0.830.930.94-0.83
0.670.980.93-0.94-0.96-0.90.891.00.89-0.92-0.79-0.820.920.920.90.92-0.960.990.97-0.96
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-0.48-0.9-0.81-0.960.980.96-0.77-0.94-0.820.990.730.74-0.83-0.83-0.94-0.930.97-0.94-0.90.97
-0.28-0.8-0.69-0.91.00.96-0.74-0.88-0.750.960.670.68-0.75-0.75-0.94-0.910.96-0.88-0.830.96
0.710.920.910.89-0.79-0.77-0.740.920.82-0.71-0.71-0.760.850.850.790.82-0.840.90.89-0.85
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-0.6-0.83-0.8-0.820.720.740.68-0.76-0.82-0.630.710.96-0.77-0.77-0.71-0.80.74-0.81-0.820.75
0.760.930.910.92-0.8-0.83-0.750.850.930.98-0.73-0.74-0.771.00.680.77-0.790.960.98-0.79
0.760.930.910.92-0.8-0.83-0.750.850.930.98-0.73-0.74-0.771.00.680.77-0.790.960.98-0.79
0.390.840.760.9-0.95-0.94-0.940.790.890.67-0.96-0.69-0.710.680.680.97-0.970.850.79-0.97
0.490.880.820.92-0.93-0.93-0.910.820.910.73-0.93-0.77-0.80.770.770.97-0.940.890.85-0.94
-0.47-0.9-0.83-0.960.970.970.96-0.84-0.95-0.770.970.720.74-0.79-0.79-0.97-0.94-0.92-0.871.0
0.690.980.930.99-0.92-0.94-0.880.90.990.94-0.88-0.78-0.810.960.960.850.89-0.920.99-0.93
0.730.970.940.97-0.88-0.9-0.830.890.970.96-0.82-0.79-0.820.980.980.790.85-0.870.99-0.88
-0.48-0.91-0.83-0.960.970.970.96-0.85-0.95-0.770.970.730.75-0.79-0.79-0.97-0.941.0-0.93-0.88
Click cells to compare fundamentals

Snowflake Account Relationship Matchups

Snowflake income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.5M9.8M21.5M63.5M119.9M125.9M
Interest Expense10.5M6.9M(38.1M)73.8M84.9M89.2M
Total Revenue264.7M592.0M1.2B2.1B2.8B2.9B
Gross Profit148.2M349.5M760.9M1.3B1.9B2.0B
Other Operating Expenses622.8M1.1B1.9B2.9B3.9B4.1B
Operating Income(358.1M)(543.9M)(715.0M)(842.3M)(1.1B)(1.0B)
Ebit(358.1M)(543.9M)(715.0M)(842.3M)(1.1B)(1.0B)
Ebitda(354.6M)(534.1M)(693.5M)(778.7M)(974.9M)(926.1M)
Cost Of Revenue116.6M242.6M458.4M717.5M943.0M990.1M
Total Operating Expenses506.3M893.4M1.5B2.2B3.0B3.1B
Total Other Income Expense Net10.5M6.9M38.1M26.3M245.6M257.8M
Net Income(348.5M)(539.1M)(679.9M)(797.5M)(836.1M)(794.3M)
Income Tax Expense993K2.1M3.0M(18.5M)(11.2M)(10.7M)
Tax Provision993K2.1M3.0M(18.5M)(11.2M)(10.7M)
Net Interest Income11.6M7.5M9.1M73.8M200.7M210.7M
Interest Income11.6M7.5M9.1M73.8M200.7M210.7M
Selling General Administrative107.5M176.1M265.0M295.8M323.0M220.7M
Selling And Marketing Expenses293.6M479.3M744.0M1.1B1.4B759.1M
Net Income From Continuing Ops(348.5M)(539.1M)(679.9M)(797.5M)(838.0M)(879.9M)
Research Development105.2M237.9M466.9M788.1M1.3B1.3B
Reconciled Depreciation3.5M9.8M21.5M63.5M119.9M125.9M
Income Before Tax(347.5M)(537.0M)(677.0M)(816.0M)(849.2M)(891.7M)
Net Income Applicable To Common Shares(348.5M)(539.1M)(679.9M)(796.7M)(717.0M)(752.9M)

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When determining whether Snowflake is a strong investment it is important to analyze Snowflake's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Snowflake's future performance. For an informed investment choice regarding Snowflake Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snowflake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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Is Snowflake's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snowflake. If investors know Snowflake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snowflake listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.54)
Revenue Per Share
8.556
Quarterly Revenue Growth
0.315
Return On Assets
(0.09)
Return On Equity
(0.16)
The market value of Snowflake is measured differently than its book value, which is the value of Snowflake that is recorded on the company's balance sheet. Investors also form their own opinion of Snowflake's value that differs from its market value or its book value, called intrinsic value, which is Snowflake's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snowflake's market value can be influenced by many factors that don't directly affect Snowflake's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snowflake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snowflake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snowflake's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.