Snowflake Historical Income Statement

SNOW Stock  USD 174.80  1.10  0.63%   
Historical analysis of Snowflake income statement accounts such as Other Operating Expenses of 4.1 B, Cost Of Revenue of 943.5 M, Total Operating Expenses of 3.2 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 closely tied 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

At this time, Snowflake's Interest Income is fairly stable compared to the past year. Research Development is likely to climb to about 1.4 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.

Operating Income

Operating Income is the amount of profit realized from Snowflake operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Snowflake is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 closely tied 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 1.4 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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0.840.990.98-0.85-0.89-0.80.920.990.9-0.84-0.8-0.830.930.930.840.88-0.90.980.97-0.91
0.910.990.93-0.75-0.8-0.690.910.950.88-0.74-0.76-0.80.910.910.750.82-0.830.940.94-0.83
0.740.980.93-0.94-0.96-0.90.881.00.89-0.92-0.79-0.820.920.920.90.92-0.960.990.97-0.96
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-0.58-0.89-0.8-0.960.980.97-0.76-0.94-0.810.990.720.72-0.81-0.81-0.95-0.930.98-0.93-0.890.98
-0.4-0.8-0.69-0.91.00.97-0.74-0.88-0.750.960.670.68-0.75-0.75-0.94-0.910.96-0.88-0.830.96
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0.770.990.951.0-0.92-0.94-0.880.910.9-0.89-0.79-0.820.930.930.880.91-0.950.990.98-0.95
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-0.51-0.84-0.74-0.920.970.990.96-0.7-0.89-0.720.710.71-0.73-0.73-0.96-0.930.97-0.87-0.820.97
-0.52-0.8-0.76-0.790.710.720.67-0.71-0.79-0.610.710.96-0.74-0.74-0.69-0.770.72-0.78-0.790.73
-0.55-0.83-0.8-0.820.720.720.68-0.76-0.82-0.630.710.96-0.77-0.77-0.71-0.80.74-0.81-0.820.75
0.750.930.910.92-0.8-0.81-0.750.830.930.98-0.73-0.74-0.771.00.680.77-0.790.960.98-0.79
0.750.930.910.92-0.8-0.81-0.750.830.930.98-0.73-0.74-0.771.00.680.77-0.790.960.98-0.79
0.530.840.750.9-0.95-0.95-0.940.790.880.67-0.96-0.69-0.710.680.680.97-0.970.850.79-0.97
0.590.880.820.92-0.93-0.93-0.910.820.910.73-0.93-0.77-0.80.770.770.97-0.940.890.85-0.94
-0.6-0.9-0.83-0.960.970.980.96-0.84-0.95-0.770.970.720.74-0.79-0.79-0.97-0.94-0.92-0.871.0
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0.750.970.940.97-0.88-0.89-0.830.880.980.96-0.82-0.79-0.820.980.980.790.85-0.870.99-0.88
-0.61-0.91-0.83-0.960.970.980.96-0.84-0.95-0.770.970.730.75-0.79-0.79-0.97-0.941.0-0.92-0.88
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Snowflake Account Relationship Matchups

Snowflake income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.5M43.3M57.1M63.5M119.9M125.9M
Interest Expense10.5M6.9M38.1M73.8M84.9M89.2M
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)(577.4M)(750.6M)(847.2M)(1.1B)(1.0B)
Ebitda(354.6M)(534.1M)(693.5M)(783.6M)(974.9M)(926.1M)
Cost Of Revenue116.6M242.6M458.4M717.5M898.6M943.5M
Total Operating Expenses506.3M893.4M1.5B2.2B3.0B3.2B
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 Development105.2M237.9M466.9M788.1M1.3B1.4B
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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Additional Tools for Snowflake Stock Analysis

When running Snowflake's price analysis, check to measure Snowflake's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snowflake is operating at the current time. Most of Snowflake's value examination focuses on studying past and present price action to predict the probability of Snowflake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snowflake's price. Additionally, you may evaluate how the addition of Snowflake to your portfolios can decrease your overall portfolio volatility.