SNOW Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2024-04-30), SNOW reported revenue of $829M, gross profit of $556M (67.1% gross margin), operating income of −$349M, and net income of −$317M (-38.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNOW reported a net loss; revenue grew 7.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +7.0% | −87.2% | −16.4 pp |
Consensus estimate data is not available for this report.
SNOW Q1 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $829M | 100% |
| Cost of Revenue | −$273M | 32.9% |
| Gross Profit | $556M | 67.1% |
| Research & Development | −$411M | 49.6% |
| Selling, General & Administrative | −$494M | 59.6% |
| Operating Income | −$349M | -42.1% |
| Other Income, net | $33M | 4.0% |
| Income Tax Expense | −$3M | 0.3% |
| Net Income | −$317M | -38.3% |
Source: original SEC filing (filed 2024-05-22). Accession 0001640147-24-000122. Data normalized by EarningsFyi.