OverviewSuggest Edit

Snowflake is a company developing a cloud-based SQL data warehouse solution. It offers a managed service with a pay-as-you-go-model that works on structured and semi-structured data. The company allows organizations to store and analyze data in one solution.

TypePublic
Founded2012
HQSan Mateo, CA, US
Websitesnowflake.com
Employee Ratings4.3
Overall CultureB

Latest Updates

Employees (est.) (Jul 2020)2,037
Job Openings328
Revenue (FY, 2021)$592 M(+124%)
Share Price (May 2021)$223.7(-3%)
Cybersecurity ratingBMore

Key People/Management at Snowflake

Frank Slootman

Frank Slootman

Chairman and Chief Executive Officer
Benoit Dageville

Benoit Dageville

Co-Founder & President, Product, Director
Michael Scarpelli

Michael Scarpelli

Chief Financial Officer
Chris Degnan

Chris Degnan

Chief Revenue Officer
Denise Persson

Denise Persson

Chief Marketing Officer
Mike Scarpelli

Mike Scarpelli

Chief Financial Officer
Show more

Snowflake Office Locations

Snowflake has offices in San Mateo, Atlanta, Bellevue, Boston and in 21 other locations
San Mateo, CA, US (HQ)
450 Concar Dr
Atlanta, GA, US
3333 Piedmont Rd NE #200
Bellevue, WA, US
500 108th Ave NE #2060
Boston, MA, US
155 Seaport Blvd #304
Chicago, IL, US
222 S Riverside Plaza
Denver, CO, US
1700 Lincoln St 15th floor
Show all (25)

Snowflake Financials and Metrics

Snowflake Revenue

Embed Graph
View revenue for all periods
Snowflake's revenue was reported to be $592.05 m in FY, 2021
USD

Revenue (FY, 2021)

592.0m

Gross profit (FY, 2021)

349.5m

Gross profit margin (FY, 2021), %

59%

Net income (FY, 2021)

(539.1m)

EBIT (FY, 2021)

(543.9m)

Market capitalization (3-May-2021)

64.6b

Closing stock price (3-May-2021)

223.7

Cash (31-Jan-2021)

820.2m

EV

64.0b
Snowflake's current market capitalization is $64.6 b.
Annual
USDFY, 2018FY, 2019FY, 2021

Revenue

96.7m264.7m592.0m

Revenue growth, %

174%

Cost of goods sold

51.8m116.6m242.6m

Gross profit

44.9m148.2m349.5m
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2021

Revenue

28.7m43.7m60.3m73.0m108.8m133.1m159.6m

Cost of goods sold

13.8m24.0m28.5m29.5m42.6m50.4m66.7m

Gross profit

14.9m19.7m31.8m43.5m66.3m82.7m92.9m

Gross profit Margin, %

52%45%53%60%61%62%58%
Annual
USDFY, 2018FY, 2019FY, 2021

Cash

116.5m127.2m820.2m

Accounts Receivable

63.4m179.5m294.0m

Prepaid Expenses

66.2m

Current Assets

699.0m665.2m4.3b
Quarterly
USDQ2, 2020Q3, 2021

Cash

138.9m3.9b

Accounts Receivable

151.2m169.0m

Prepaid Expenses

35.7m

Current Assets

793.4m5.0b
Annual
USDFY, 2018FY, 2019FY, 2021

Net Income

(178.0m)(348.5m)(539.1m)

Depreciation and Amortization

1.4m3.5m9.8m

Accounts Payable

5.2m1.1m(2.9m)

Cash From Operating Activities

(144.0m)(176.6m)(45.4m)
Quarterly
USDQ2, 2019Q2, 2020Q3, 2021

Net Income

(177.2m)(171.3m)(340.2m)

Depreciation and Amortization

1.4m3.8m6.6m

Accounts Payable

4.0m(2.8m)(3.8m)

Cash From Operating Activities

(110.0m)(45.3m)(65.0m)
USDQ3, 2019

Revenue/Employee

49.3k
Show all financial metrics

Snowflake Operating Metrics

Snowflake's Customers was reported to be 3.1 k in Q2, 2020.
Sep, 2017Jan, 2018Q2, 2019Feb, 2020Q2, 2020

Customers

7501 k1.55 k3.4 k3.12 k

$1m+ Enterprise Customers

56

Daily Queries

507 m

Retention Rate

158%
Show all operating metrics

Snowflake Acquisitions / Subsidiaries

Company NameDateDeal Size
SNFL Cloudtech India Private Limited
SNFL Technologies AB
Snowflake Computing Canada Inc.
Snowflake Computing France SAS
Snowflake Computing GmbH
Snowflake Computing India LLP
Snowflake Computing Netherlands B.V.
Snowflake Computing Pty Ltd.
Snowflake Computing Singapore Pte. Ltd.
Snowflake Computing Spain, S.L.
Show more

Snowflake Revenue Breakdown

Embed Graph

Snowflake revenue breakdown by business segment: 95.3% from Product and 4.7% from Other

Snowflake revenue breakdown by geographic segment: 88.3% from United States and 11.7% from Other

Snowflake Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Snowflake Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Snowflake Online and Social Media Presence

Embed Graph

Snowflake Company Culture

  • Overall Culture

    B

    79/100

  • CEO Rating

    A+

    85/100

  • Compensation

    B

    77/100

Learn more on Comparably

Snowflake News and Updates

Financial giant S&P taps Snowflake for better cloud data distribution

Warren Breakstone, managing director of S&P Global Market Intelligence, discusses why the company adopted the Snowflake cloud data platform.

TripleBlind Joins the Snowflake Technology Partner Program, Supplements Innovative Cloud Security Infrastructure with Private Data Sharing

Snowflake Customers Can Safely Share Sensitive Data and Improve the Effectiveness of AML Initiatives, Healthcare Diagnoses and Finance Applications

How Snowflake wants to seed the cloud with more startups

The company is doling out venture investments to encourage more use of its cloud database service. Read More

Snowflake and Io-Tahoe see growing customer interest in combined solution to address data quality

The partnership between Io-Tahoe LLC and Snowflake Inc. represents an acknowledgement that the power of the cloud combined with intelligent automation is going to play a central role in the future of enterprise data management. When it comes to data the needs are clear. Enterprises want data qualit…

The CapTable Wrap: Robinhood, Snowflake, Thrasio — Silicon Valley’s continuing influence on Indian startups

Local ecommerce entrepreneurs, SaaS companies, and fintechs continue to draw inspiration from the US but adding Indian flavors to global models sometimes leaves an odd aftertaste.

Io-Tahoe and Snowflake team up to provide insights for the growing field of data discovery during April 29 event

Whether information is stored in raw form in massive data lakes or in more structured data warehouse environments, one truth is constant: Enterprise users must still be able to find what they need at any given moment. This need has created a compelling market opportunity for data discovery firms su…
Show more

Snowflake Blogs

Data’s Evolution in the Cloud: Using Data to Power Technology

Nearly all (94%) technology sector executives cite data as the most important competitive differentiator in the business landscape today, according to a recent survey conducted by The Economist Intelligence Unit and sponsored by Snowflake. However, data privacy regulations rank as the biggest challe…

A Collaborative Culture Of Experimentation

Last week, we recorded a panel session on Data Driven Engagement & Analytics In The Post Covid Era for the upcoming FUTR European Summit 2021. Panelists were asked what the future holds. Well, I’ve never claimed to be clairvoyant but I do have a tendency for optimism. The future holds great prom…

Your Guide to Snowflake Summit 2021, June 8–10

We’re excited to announce that Snowflake’s annual user conference is back! The free conference will take place virtually June 8–10 and will feature major product announcements, customer sessions, technical deep-dives, hands-on labs, and more.  Snowflake Summit 2021: Data Together Now was designed wi…

The 5 Pillars of Marketing to Get Your Company to $100 Million and Beyond: Advice from Snowflake’s CMO, Denise Persson

How can your company break through the competition to get to $100 million in revenue? This has been the biggest challenge at every startup I’ve marketed for and taken public over the past 25 years, including Snowflake.  It’s no small feat. Back when Snowflake was founded in 2012, an extremely small …

Snowflake’s New Principal Data Strategist

Happy anniversary to me. I just celebrated my first month at Snowflake and am admittedly still finding my way around. I’ve spent most of the past month meeting colleagues, learning about products, and getting more and more excited about the opportunities Snowflake provides to its customers and partn…

New Snowflake Features Released In April 2021

In April, Snowflake continued enhancing its platform with new features for security, governance, data sharing, and more. We also added a wealth of providers to Snowflake Data Marketplace. Here’s a brief rundown of some of the key announcements from April 2021. SECURITY AND GOVERNANCE Sensitive Data …
Show more

Snowflake Frequently Asked Questions

  • When was Snowflake founded?

    Snowflake was founded in 2012.

  • Who are Snowflake key executives?

    Snowflake's key executives are Frank Slootman, Benoit Dageville and Michael Scarpelli.

  • How many employees does Snowflake have?

    Snowflake has 2,037 employees.

  • What is Snowflake revenue?

    Latest Snowflake annual revenue is $592 m.

  • What is Snowflake revenue per employee?

    Latest Snowflake revenue per employee is $290.6 k.

  • Who are Snowflake competitors?

    Competitors of Snowflake include Observe, Actian and Incorta.

  • Where is Snowflake headquarters?

    Snowflake headquarters is located at 450 Concar Dr, San Mateo.

  • Where are Snowflake offices?

    Snowflake has offices in San Mateo, Atlanta, Bellevue, Boston and in 21 other locations.

  • How many offices does Snowflake have?

    Snowflake has 25 offices.