Tearsheet

Snowflake (SNOW)


Market Price (9/17/2025): $216.15 | Market Cap: $72.5 Bil
Sector: Information Technology | Industry: Application Software

Snowflake (SNOW)


Market Price (9/17/2025): $216.15
Market Cap: $72.5 Bil
Sector: Information Technology
Industry: Application Software

Investment Highlights

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28%
Weak multi-year price returns
2Y Excs Rtn is -19%, 3Y Excs Rtn is -48%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.5 Bil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -37%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
  Expensive valuation multiples
P/SPrice/Sales ratio is 18x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 86x
2   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.3%
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
2 Weak multi-year price returns
2Y Excs Rtn is -19%, 3Y Excs Rtn is -48%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.5 Bil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -37%
4 Expensive valuation multiples
P/SPrice/Sales ratio is 18x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 86x
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.3%

Market Valuation

 9/17/25202420232022
Share Price CYE$216.15$154.41$199.00$143.54
Market Cap CYE ($ Bil)72.551.265.546.0
Total Debt ($ Bil)2.72.70.30.3
Total Cash ($ Bil)3.64.63.84.0
Enterprise Value ($ Bil)71.653.965.846.3
Valuation Ratios    
P/S TTM17.614.223.322.1
P/EBIT TTM-52.8-40.1-76.9-56.1
P/E TTM-52.5-40.0-78.1-57.4
Sector Ratios    
P/S TTM (Sector)3.23.12.82.5
P/EBIT TTM (Sector)4.0-0.0-0.1-0.5
P/E TTM (Sector)-0.4-0.3-0.4-0.5
 9/17/252024
Share Price CYE$216.15$154.41
Market Cap CYE ($ Bil)72.551.2
Total Debt ($ Bil)2.72.7
Total Cash ($ Bil)3.64.6
Enterprise Value ($ Bil)71.653.9
Valuation Ratios  
P/S TTM17.614.2
P/EBIT TTM-52.8-40.1
P/E TTM-52.5-40.0
Sector Ratios  
P/S TTM (Sector)3.23.1
P/EBIT TTM (Sector)4.0-0.0
P/E TTM (Sector)-0.4-0.3

Business Description

Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
SNOW Return-20%-58%39%-22%40%-21%
Peers Return152%40%-52%75%-7%10%205%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: CRWD, DDOG, MDB, OKTA, TDC. See SNOW Returns vs. Peers.
[3] 2025 data is for the year up to 9/16/2025 (YTD)

Better Bets than Snowflake (SNOW)

Latest Trefis Analyses

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Snowflake

Financials

SNOWCRWDDDOGMDBOKTATDCMedian
NameSnowflakeCrowdStr.Datadog MongoDB Okta Teradata  
Mkt Price215.95444.98134.59327.3789.9221.49175.27
Mkt Cap72.4111.246.626.515.82.036.6
Rev LTM4,1164,3413,0162,2182,7631,6752,890
Op Inc LTM-1,540-379-17-16583185-91
FCF LTM7341,038854240838263786
FCF 3Y Avg715982649145565276607
CFO LTM8381,389966270853284845
CFO 3Y Avg8031,260733158585297659

Growth & Margins

SNOWCRWDDDOGMDBOKTATDCMedian
NameSnowflakeCrowdStr.Datadog MongoDB Okta Teradata  
Rev Chg LTM28.4%23.5%26.0%21.9%12.7%-6.7%22.7%
Rev Chg 3Y Avg36.3%33.5%30.4%27.2%20.1%-3.4%28.8%
Rev Chg Q31.8%21.3%28.1%23.7%12.7%-6.4%22.5%
QoQ Delta Rev Chg LTM7.2%5.0%6.4%5.4%3.1%-1.6%5.2%
Op Mgn LTM-37.4%-8.7%-0.6%-7.5%3.0%11.0%-4.0%
Op Mgn 3Y Avg-39.1%-4.3%-1.7%-13.8%-12.3%9.9%-8.3%
QoQ Delta Op Mgn LTM3.1%-2.6%-1.6%0.7%2.1%-2.3%-0.5%
CFO/Rev LTM20.4%32.0%32.0%12.2%30.9%17.0%25.6%
CFO/Rev 3Y Avg25.3%36.7%29.6%8.0%23.2%16.9%24.3%
FCF/Rev LTM17.8%23.9%28.3%10.8%30.3%15.7%20.9%
FCF/Rev 3Y Avg22.5%28.6%26.2%7.3%22.4%15.7%22.5%

Valuation

SNOWCRWDDDOGMDBOKTATDCMedian
NameSnowflakeCrowdStr.Datadog MongoDB Okta Teradata  
Mkt Cap72.4111.246.626.515.82.036.6
P/S17.625.615.412.05.71.213.7
P/EBIT-52.8-579.9298.0-363.980.911.7-20.5
P/E-52.5-374.4374.0-337.693.918.6-16.9
P/CFO86.480.148.398.318.57.264.2
Total Yield-1.9%-0.3%0.3%-0.3%1.1%5.4%0.0%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg1.3%1.4%1.6%0.8%3.6%8.6%1.5%
D/E0.00.00.00.00.10.30.0
Net D/E-0.0-0.0-0.1-0.1-0.10.1-0.0

Returns

SNOWCRWDDDOGMDBOKTATDCMedian
NameSnowflakeCrowdStr.Datadog MongoDB Okta Teradata  
1M Rtn8.5%4.0%5.8%50.0%-2.3%1.9%4.9%
3M Rtn3.1%-9.6%7.8%59.2%-8.9%-3.0%0.1%
6M Rtn39.9%22.5%30.8%73.5%-20.4%-7.6%26.6%
12M Rtn91.4%66.2%20.8%12.9%21.5%-25.5%21.1%
3Y Rtn16.9%160.2%47.5%48.4%52.4%-31.1%48.0%
1M Excs Rtn6.0%1.6%3.3%47.6%-4.7%-0.5%2.4%
3M Excs Rtn-6.2%-16.7%0.9%52.2%-18.9%-12.0%-9.1%
6M Excs Rtn21.7%5.6%13.0%53.2%-38.7%-24.1%9.3%
12M Excs Rtn73.1%55.0%4.7%-7.2%4.3%-40.7%4.5%
3Y Excs Rtn-47.7%70.7%-28.6%-40.6%-23.5%-96.5%-34.6%

Financials

Segment Financials

Revenue by Segment

$ Mil20252024202320222021
Product revenue2,6671,9391,140554252
Professional services and other revenue140127793813
Total2,8062,0661,219592265


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity12,912,458
Short Interest: % Change Since 815202523.2%
Average Daily Volume9,705,186
Days-to-Cover Short Interest1.33
Basic Shares Quantity335,215,000
Short % of Basic Shares3.9%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/27/202520.3%10.7% 
5/21/202513.4%12.9%19.3%
2/26/20254.5%6.7%-5.5%
11/20/202432.7%34.5%28.8%
8/21/2024-14.7%-17.4%-18.4%
5/22/2024-5.4%-13.7%-23.6%
2/28/2024-18.1%-27.4%-29.7%
11/29/20237.0%5.2%13.5%
...
SUMMARY STATS   
# Positive12119
# Negative8911
Median Positive10.6%10.7%11.5%
Median Negative-13.6%-8.1%-6.8%
Max Positive32.7%34.5%28.8%
Max Negative-18.1%-27.4%-29.7%

SEC Filings

Expand for More

Report DateFiling DateFiling
7312025905202510-Q 7/31/2025
4302025530202510-Q 4/30/2025
1312025321202510-K 1/31/2025
103120241127202410-Q 10/31/2024
7312024829202410-Q 7/31/2024
4302024531202410-Q 4/30/2024
1312024326202410-K 1/31/2024
103120231201202310-Q 10/31/2023
7312023831202310-Q 7/31/2023
4302023602202310-Q 4/30/2023
1312023329202310-K 1/31/2023
103120221202202210-Q 10/31/2022
7312022901202210-Q 7/31/2022
4302022603202210-Q 4/30/2022
1312022330202210-K 1/31/2022
103120211203202110-Q 10/31/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Kleinerman ChristianEVP, Product Management8042025Sell216.0010,0002,160,000116,064,576Form
1Speiser Michael L 8042025Sell208.5526,4495,516,018306,522,023Form
2Speiser Michael L 7072025Sell221.4740389,2525,877,566Form
3Kleinerman ChristianEVP, Product Management7022025Sell218.8910,0002,188,900119,806,377Form
4Kleinerman ChristianEVP, Product Management6262025Sell225.005,0001,125,00010,927,800Form