SNOW - Snowflake Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$231.96
DETAILS
HIGH:
$300.00
LOW:
$125.00
MEDIAN:
$237.00
CONSENSUS:
$231.96
UPSIDE:
34.70%
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 4,683.9 | 3,626.4 | 2,806.5 | 2,065.7 | 1,219.3 | 592.0 | 264.7 | 96.7 |
| Cost of Revenue | 1,537.8 | 1,214.7 | 898.6 | 717.5 | 458.4 | 242.6 | 116.6 | 51.8 |
| Gross Profit | 3,146.1 | 2,411.7 | 1,907.9 | 1,348.1 | 760.9 | 349.5 | 148.2 | 44.9 |
| Operating Expenses | ||||||||
| R&D Expenses | 1,969.5 | 1,783.4 | 1,287.9 | 788.1 | 466.9 | 237.9 | 105.2 | 68.7 |
| SG&A Expenses | 2,611.8 | 2,084.4 | 1,714.8 | 1,402.3 | 1,009.0 | 655.5 | 401.1 | 161.7 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 4,581.3 | 3,867.7 | 3,002.7 | 2,190.4 | 1,475.9 | 893.4 | 506.3 | 230.4 |
| Operating Income | ||||||||
| Operating Income | (1,435.2) | (1,456.0) | (1,094.8) | (842.3) | (715.0) | (543.9) | (358.1) | (185.5) |
| Interest Expense | 8.3 | 2.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 190.6 | 209.0 | 200.7 | 73.8 | 9.1 | 7.5 | 11.6 | 8.8 |
| Profitability | ||||||||
| EBITDA | (1,083.2) | (1,099.8) | (729.3) | (752.5) | (693.5) | (534.1) | (354.6) | (184.1) |
| EBIT | (1,303.6) | (1,282.3) | (849.2) | (816.0) | (715.0) | (543.9) | (358.1) | (185.5) |
| Income Before Tax | (1,311.9) | (1,285.1) | (849.2) | (816.0) | (677.0) | (537.0) | (347.5) | (177.2) |
| Income Tax Expense | 19.7 | 4.1 | (11.2) | (18.5) | 3.0 | 2.1 | 1.0 | 0.8 |
| Net Income | (1,331.6) | (1,285.6) | (836.1) | (796.7) | (679.9) | (539.1) | (348.5) | (178.0) |
| Per Share Data | ||||||||
| EPS (Basic) | -3.95 | -3.86 | -2.55 | -2.50 | -2.26 | -1.87 | -1.26 | -0.75 |
| EPS (Diluted) | -3.95 | -3.86 | -2.55 | -2.50 | -2.26 | -1.87 | -1.26 | -0.75 |
| Shares Outstanding | 337.5 | 332.7 | 328.0 | 318.7 | 300.3 | 287.9 | 276.7 | 238.4 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 2,828.2 | 2,628.8 | 1,762.7 | 939.9 | 1,085.7 | 820.2 | 127.2 | 116.5 |
| Short-Term Investments | 1,201.5 | 2,008.9 | 2,083.5 | 3,068.0 | 2,766.4 | 3,087.9 | 306.8 | 492.3 |
| Net Receivables | 1,303.7 | 946.4 | 926.9 | 715.8 | 545.6 | 294.0 | 179.5 | 63.4 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 409.2 | 187.6 | 266.1 | 261.0 | 65.5 | 47.6 | 26.4 | 11.6 |
| Total Current Assets | 5,742.6 | 5,771.7 | 5,039.3 | 4,984.7 | 4,598.6 | 4,300.7 | 665.2 | 699.0 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 523.5 | 655.8 | 499.6 | 392.1 | 295.4 | 255.8 | 223.1 | 22.8 |
| Goodwill | 1,194.4 | 1,056.6 | 975.9 | 657.4 | 8.4 | 8.4 | 7.0 | 0 |
| Intangible Assets | 246.9 | 278.0 | 331.4 | 186.0 | 37.1 | 16.1 | 4.8 | 0.0 |
| Long-Term Investments | 755.0 | 957.7 | 1,150.7 | 1,073.0 | 1,256.2 | 1,165.3 | 23.5 | 0 |
| Other Non-Current Assets | 670.1 | 314.1 | 226.5 | 429.1 | 453.8 | 89.3 | 19.5 | 42.6 |
| Total Non-Current Assets | 3,389.9 | 3,262.2 | 3,184.1 | 2,737.6 | 2,051.1 | 1,621.1 | 347.5 | 65.3 |
| Total Assets | 9,132.5 | 9,033.9 | 8,223.4 | 7,722.3 | 6,649.7 | 5,921.7 | 1,012.7 | 764.3 |
| Current Liabilities | ||||||||
| Account Payables | 145.6 | 169.8 | 51.7 | 23.7 | 13.4 | 5.6 | 8.5 | 8.3 |
| Short-Term Debt | 49.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 3,347.0 | 2,580.0 | 2,198.7 | 1,673.5 | 1,157.9 | 638.7 | 327.1 | 104.0 |
| Other Current Liabilities | 879.5 | 329.7 | 285.3 | 173.5 | 147.1 | 100.8 | 46.5 | 20.3 |
| Total Current Liabilities | 4,421.7 | 3,301.2 | 2,731.2 | 1,993.5 | 1,397.1 | 789.3 | 416.5 | 144.9 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 2,279.8 | 2,271.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 80.7 | 61.3 | 33.1 | 24.4 | 11.2 | 6.9 | 944.9 | 916.3 |
| Total Non-Current Liabilities | 2,786.7 | 2,726.1 | 301.6 | 260.2 | 203.6 | 196.0 | 1,141.0 | 931.9 |
| Total Liabilities | 7,208.4 | 6,027.3 | 3,032.8 | 2,253.7 | 1,600.7 | 985.3 | 1,557.5 | 1,076.8 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (9,494.2) | (7,293.6) | (4,075.6) | (2,716.1) | (1,919.4) | (1,239.4) | (700.3) | (351.8) |
| Accumulated Other Comprehensive Income | 3.3 | (2.2) | (8.2) | (38.3) | (16.3) | 0.4 | 0.2 | 0.0 |
| Total Stockholders' Equity | 1,924.1 | 2,999.9 | 5,180.3 | 5,456.4 | 5,049.0 | 4,936.5 | (544.8) | (312.5) |
| Total Liabilities & Equity | 9,132.5 | 9,033.9 | 8,223.4 | 7,722.3 | 6,649.7 | 5,921.7 | 1,012.7 | 764.3 |
| Debt Metrics | ||||||||
| Total Debt | 2,741.1 | 2,685.3 | 288.0 | 251.7 | 206.3 | 204.5 | 211.3 | 16.7 |
| Net Debt | (87.0) | 56.5 | (1,474.8) | (688.2) | (879.4) | (615.6) | 84.1 | (99.9) |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (1,329.0) | (1,289.2) | (838.0) | (797.5) | (679.9) | (539.1) | (348.5) | (178.0) |
| Depreciation & Amortization | 220.4 | 182.5 | 119.9 | 63.5 | 21.5 | 9.8 | 3.5 | 1.4 |
| Stock-Based Compensation | 1,599.5 | 1,479.3 | 1,168.0 | 861.5 | 605.1 | 301.4 | 78.4 | 22.4 |
| Change in Working Capital | 383.8 | 443.6 | 390.7 | 289.5 | 68.4 | 106.9 | 49.3 | 6.2 |
| Other Non-Cash Items | 349.6 | 151.2 | 34.2 | 155.2 | 95.8 | 75.6 | 40.7 | 4.1 |
| Operating Cash Flow | 1,221.9 | 959.8 | 848.1 | 545.6 | 110.2 | (45.4) | (176.6) | (144.0) |
| Investing Activities | ||||||||
| Capital Expenditure | (101.6) | (46.3) | (69.2) | (49.1) | (29.0) | (40.3) | (22.8) | (4.0) |
| Acquisitions | (178.8) | (30.3) | (275.7) | (362.6) | 0 | (6.0) | (6.3) | 0 |
| Purchases of Investments | (2,040.4) | (2,569.2) | (2,476.2) | (3,901.3) | (4,250.3) | (4,859.9) | (622.9) | (738.4) |
| Sales/Maturities of Investments | 2,636.2 | 2,866.7 | 3,682.1 | 3,715.9 | 4,282.9 | 877.9 | 790.5 | 379.8 |
| Other Investing Activities | (3.1) | (30.2) | (62.9) | (24.7) | (37.1) | (13.7) | (4.3) | (2.0) |
| Investing Cash Flow | 312.2 | 190.6 | 832.3 | (597.9) | (20.8) | (4,036.6) | 138.5 | (362.6) |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | 2,073.3 | 0 | 0 | 0 | 2.1 | 0 | 0 |
| Stock Repurchased | (873.5) | (1,932.3) | (591.7) | 0 | 0 | (0.0) | (0.4) | (29.6) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (684.1) | (489.4) | (380.8) | (173.4) | (1.1) | (1.2) | 0 | 0 |
| Financing Cash Flow | (1,385.4) | (226.5) | (854.1) | (92.6) | 178.2 | 4,775.3 | 57.5 | 413.6 |
| Cash Position | ||||||||
| Net Change in Cash | 165.6 | 866.0 | 822.8 | (145.8) | 250.5 | 693.2 | 19.4 | 122.6 |
| Cash at Beginning | 2,698.7 | 1,762.7 | 939.9 | 1,085.7 | 835.2 | 142.0 | 122.6 | 0 |
| Cash at End | 2,864.3 | 2,628.8 | 1,762.7 | 939.9 | 1,085.7 | 835.2 | 142.0 | 122.6 |
| Free Cash Flow | 1,120.3 | 913.5 | 778.9 | 496.5 | 81.2 | (85.7) | (199.4) | (148.0) |
| Key Metrics | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 4,683.9 | 3,626.4 | 2,806.5 | 2,065.7 | 1,219.3 | 592.0 | 264.7 | 96.7 |
| Gross Profit | 3,146.1 | 2,411.7 | 1,907.9 | 1,348.1 | 760.9 | 349.5 | 148.2 | 44.9 |
| Operating Income | (1,435.2) | (1,456.0) | (1,094.8) | (842.3) | (715.0) | (543.9) | (358.1) | (185.5) |
| Net Income | (1,331.6) | (1,285.6) | (836.1) | (796.7) | (679.9) | (539.1) | (348.5) | (178.0) |
| EPS (Diluted) | -3.95 | -3.86 | -2.55 | -2.50 | -2.26 | -1.87 | -1.26 | -0.75 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 2,828.2 | 2,628.8 | 1,762.7 | 939.9 | 1,085.7 | 820.2 | 127.2 | 116.5 |
| Total Assets | 9,132.5 | 9,033.9 | 8,223.4 | 7,722.3 | 6,649.7 | 5,921.7 | 1,012.7 | 764.3 |
| Total Debt | 2,741.1 | 2,685.3 | 288.0 | 251.7 | 206.3 | 204.5 | 211.3 | 16.7 |
| Stockholders' Equity | 1,924.1 | 2,999.9 | 5,180.3 | 5,456.4 | 5,049.0 | 4,936.5 | (544.8) | (312.5) |
| Cash Flow | ||||||||
| Operating Cash Flow | 1,221.9 | 959.8 | 848.1 | 545.6 | 110.2 | (45.4) | (176.6) | (144.0) |
| Capital Expenditure | (101.6) | (46.3) | (69.2) | (49.1) | (29.0) | (40.3) | (22.8) | (4.0) |
| Free Cash Flow | 1,120.3 | 913.5 | 778.9 | 496.5 | 81.2 | (85.7) | (199.4) | (148.0) |