Snowflake Stock Revenue

SNOW Stock  USD 171.35  42.23  32.71%   
Snowflake fundamentals help investors to digest information that contributes to Snowflake's financial success or failures. It also enables traders to predict the movement of Snowflake Stock. The fundamental analysis module provides a way to measure Snowflake's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Snowflake stock.
Last ReportedProjected for Next Year
Total Revenue2.8 B2.9 B
At this time, Snowflake's Total Revenue is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 943.5 M in 2024, whereas Stock Based Compensation To Revenue is likely to drop 0.31 in 2024.
  
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Snowflake Company Revenue Analysis

Snowflake's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

-

Discounts and Returns

More About Revenue | All Equity Analysis

Current Snowflake Revenue

    
  2.81 B  
Most of Snowflake's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Snowflake is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Historical and Projected quarterly revenue of Snowflake

Projected quarterly revenue analysis of Snowflake provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Snowflake match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Snowflake's stock price.

Snowflake Revenue Driver Correlations

Understanding the fundamental principles of building solid financial models for Snowflake is extremely important. It helps to project a fair market value of Snowflake Stock properly, considering its historical fundamentals such as Revenue. Since Snowflake's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Snowflake's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Snowflake's interrelated accounts and indicators.

Snowflake Revenue Historical Pattern

Today, most investors in Snowflake Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Snowflake's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Snowflake revenue as a starting point in their analysis.
   Snowflake Revenue   
       Timeline  
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Snowflake Current Deferred Revenue

Current Deferred Revenue

1.12 Billion

At this time, Snowflake's Current Deferred Revenue is fairly stable compared to the past year.
Based on the latest financial disclosure, Snowflake reported 2.81 B of revenue. This is 31.14% lower than that of the IT Services sector and significantly higher than that of the Information Technology industry. The revenue for all United States stocks is 70.25% higher than that of the company.

Snowflake Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Snowflake's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Snowflake could also be used in its relative valuation, which is a method of valuing Snowflake by comparing valuation metrics of similar companies.
Snowflake is currently under evaluation in revenue category among its peers.

Snowflake ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Snowflake's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Snowflake's managers, analysts, and investors.
Environmental
Governance
Social

Snowflake Institutional Holders

Institutional Holdings refers to the ownership stake in Snowflake that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Snowflake's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Snowflake's value.
Shares
Jennison Associates Llc2024-09-30
M
Nuveen Asset Management, Llc2024-06-30
3.4 M
Fmr Inc2024-09-30
3.3 M
Two Sigma Advisers, Llc2024-06-30
3.2 M
Sands Capital Management, Llc2024-09-30
M
Baillie Gifford & Co Limited.2024-09-30
2.9 M
Goldman Sachs Group Inc2024-06-30
2.2 M
Legal & General Group Plc2024-06-30
2.2 M
Two Sigma Investments Llc2024-06-30
1.9 M
Vanguard Group Inc2024-09-30
27.2 M
Morgan Stanley - Brokerage Accounts2024-06-30
24.7 M

Snowflake Fundamentals

About Snowflake Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Snowflake's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snowflake using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Snowflake based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.