SNOW Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-01-31), SNOW reported revenue of $775M, gross profit of $533M (68.8% gross margin), operating income of −$276M, and net income of −$169M (-21.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 5.5% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +5.5% | +21.0% | +7.3 pp |
Consensus estimate data is not available for this report.
SNOW Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $775M | 100% |
| Cost of Revenue | −$242M | 31.2% |
| Gross Profit | $533M | 68.8% |
| Research & Development | −$364M | 47.0% |
| Selling, General & Administrative | −$444M | 57.3% |
| Operating Income | −$276M | -35.6% |
| Other Income, net | $101M | 13.1% |
| Income Tax Expense | $4M | 0.6% |
| Net Income | −$169M | -21.9% |
Source: original SEC filing (filed 2024-02-28). Accession 0001640147-24-000031. Data normalized by EarningsFyi.