9to5investing

Stocks·NYSE:SNOW

Snowflake (SNOW)

OverviewFinancialsOwnersFilings
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Revenue, last 12 months$5.43B+32% vs. a year before
Free cash flow, last 12 months$1.20BBringing in cash
Cash and short-term investments$2.34BNo debt reported
Shares outstanding, past year+4.1%353M shares now
Backlog (signed, not yet booked)$9BAs of Jul 31, 2026

My take

No average analyst target in this video.

Every video where I mention SNOW

The last 12 months

  1. Oct 2, 20268-KSigned a major agreement; Took on new debt; Sold shares without SEC registration; Other news
  2. Sep 4, 202610-QQuarterly report
  3. Sep 2, 20268-KReleased quarterly results
  4. Jul 16, 20268-KExecutive or board change
  5. Jun 30, 20268-KShareholder vote results
  6. May 29, 202610-QQuarterly report
  7. May 27, 20268-KReleased quarterly results
  8. Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
  9. Mar 20, 2026S-8Registered shares for employee stock plans
  10. Mar 20, 202610-KAnnual report
  11. Feb 25, 20268-KReleased quarterly results
  12. Feb 2, 20268-KExecutive or board change
  13. Dec 5, 202510-QQuarterly report
  14. Dec 3, 20258-KReleased quarterly results

All filings →

Revenue by year
FY19: $96.7MFY19FY20: $265MFY20FY21: $592MFY21FY22: $1.22BFY22FY23: $2.07BFY23FY24: $2.81BFY24FY25: $3.63BFY25FY26: $4.68BFY26$4.68B
Show the numbers
Revenue by year
FY19$96.7M
FY20$265M
FY21$592M
FY22$1.22B
FY23$2.07B
FY24$2.81B
FY25$3.63B
FY26$4.68B
Revenue by quarter calendar quarter the period ended in
Q4 23: $734MQ1 24: $775MQ1 24Q2 24: $829MQ3 24: $869MQ3 24Q4 24: $942MQ1 25: $987MQ1 25Q2 25: $1.04BQ3 25: $1.14BQ3 25Q4 25: $1.21BQ1 26: $1.28BQ1 26Q2 26: $1.39BQ3 26: $1.55BQ3 26$1.55B
Show the numbers
Revenue by quarter
Q4 23$734M
Q1 24$775M
Q2 24$829M
Q3 24$869M
Q4 24$942M
Q1 25$987M
Q2 25$1.04B
Q3 25$1.14B
Q4 25$1.21B
Q1 26$1.28B
Q2 26$1.39B
Q3 26$1.55B
Operating income (loss) by year profit from the business before interest and taxes
FY19: -$185MFY19FY20: -$358MFY20FY21: -$544MFY21FY22: -$715MFY22FY23: -$842MFY23FY24: -$1.09BFY24FY25: -$1.46BFY25FY26: -$1.44BFY26-$1.44B
Show the numbers
Operating income (loss) by year
FY19-$185M
FY20-$358M
FY21-$544M
FY22-$715M
FY23-$842M
FY24-$1.09B
FY25-$1.46B
FY26-$1.44B
Free cash flow by year cash from operations minus spending on buildings and equipment
FY19: -$146MFY19FY20: -$195MFY20FY21: -$80.5MFY21FY22: $94MFY22FY23: $521MFY23FY24: $813MFY24FY25: $913MFY25FY26: $1.12BFY26$1.12B
Show the numbers
Free cash flow by year
FY19-$146M
FY20-$195M
FY21-$80.5M
FY22$94M
FY23$521M
FY24$813M
FY25$913M
FY26$1.12B
Cash vs. debt

Cash and short-term investmentsDebt

FY19 · Cash and short-term investments: $117MFY19FY20 · Cash and short-term investments: $434MFY20FY21 · Cash and short-term investments: $3.91BFY21FY22 · Cash and short-term investments: $3.85BFY22FY23 · Cash and short-term investments: $4.01BFY23FY24 · Cash and short-term investments: $3.85BFY24FY25 · Cash and short-term investments: $4.64BFY25FY26 · Cash and short-term investments: $4.03BFY26
Show the numbers
Cash and short-term investmentsDebt
FY19$117Mn/a
FY20$434Mn/a
FY21$3.91Bn/a
FY22$3.85Bn/a
FY23$4.01Bn/a
FY24$3.85Bn/a
FY25$4.64Bn/a
FY26$4.03Bn/a
How it makes money: Q2 2027 revenue by product or service; the thin line is a year earlier
  • Product revenue$1.49B 96% +37% vs. a year ago
  • Professional services and other revenue$54.9M 4% +1% vs. a year ago

From the 10-Q filed Sep 4, 2026. Source.

Stock pay vs. buybacks

Stock-based pay to employeesSpent buying back shares

FY21 · Stock-based pay to employees: $301MFY21 · Spent buying back shares: $0FY21FY22 · Stock-based pay to employees: $605MFY22 · Spent buying back shares: $0FY22FY23 · Stock-based pay to employees: $862MFY23 · Spent buying back shares: $0FY23FY24 · Stock-based pay to employees: $1.17BFY24 · Spent buying back shares: $592MFY24FY25 · Stock-based pay to employees: $1.48BFY25 · Spent buying back shares: $1.93BFY25FY26 · Stock-based pay to employees: $1.60BFY26 · Spent buying back shares: $874MFY26
Show the numbers
Stock-based pay to employeesSpent buying back shares
FY21$301M$0
FY22$605M$0
FY23$862M$0
FY24$1.17B$592M
FY25$1.48B$1.93B
FY26$1.60B$874M

If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.

Backlog (remaining performance obligations) contracts signed but not yet booked as revenue
Q4 23: $3.70BQ1 24: $5.20BQ1 24Q2 24: $5BQ3 24: $5.20BQ3 24Q4 24: $5.70BQ1 25: $6.90BQ1 25Q2 25: $6.70BQ3 25: $6.90BQ3 25Q4 25: $7.90BQ1 26: $9.80BQ1 26Q2 26: $9.20BQ3 26: $9BQ3 26$9B
Show the numbers
Backlog (remaining performance obligations)
Q4 23$3.70B
Q1 24$5.20B
Q2 24$5B
Q3 24$5.20B
Q4 24$5.70B
Q1 25$6.90B
Q2 25$6.70B
Q3 25$6.90B
Q4 25$7.90B
Q1 26$9.80B
Q2 26$9.20B
Q3 26$9B

Compare SNOW with other stocks →

From the company's own SEC filings via SEC EDGAR, latest period ended Jul 31, 2026. Numbers can be restated later. Not investment advice.

Dilution

Shares outstanding
Nov 2022: 322MMar 2023: 325MMar 2023May 2023: 326MAug 2023: 330MAug 2023Nov 2023: 329MMar 2024: 334MMar 2024May 2024: 335MAug 2024: 335MAug 2024Nov 2024: 330MMar 2025: 334MMar 2025May 2025: 334MAug 2025: 339MAug 2025Nov 2025: 342MMar 2026: 346MMar 2026May 2026: 347MAug 2026: 353MAug 2026353M
Show the numbers
Shares outstanding
Nov 2022322M
Mar 2023325M
May 2023326M
Aug 2023330M
Nov 2023329M
Mar 2024334M
May 2024335M
Aug 2024335M
Nov 2024330M
Mar 2025334M
May 2025334M
Aug 2025339M
Nov 2025342M
Mar 2026346M
May 2026347M
Aug 2026353M

The share count is up +4.1% in a year, so each share is a slightly smaller slice of the company. What dilution means.

Insider trades

Insider buys, 12 months0none
Insider sales, 12 months325$1.30B, 314 planned in advance

Bought or sold on the open market

DateWhoWhatSharesValueFiling
Nov 4, 2026Benoit Dageville
Director		Sold on the market (planned)50K$14.6MForm 4
Nov 2, 2026Christian Kleinerman
EVP, Product Management		Sold on the market (planned)10K$3.06MForm 4
Oct 21, 2026Benoit Dageville
Director		Sold on the market (planned)50K$16.1MForm 4
Oct 19, 2026Frank Slootman
Director		Sold on the market (planned)
10 trades that day		300K$94.9MForm 4
Oct 7, 2026Benoit Dageville
Director		Sold on the market (planned)50K$16.7MForm 4
Oct 2, 2026Michael L Speiser
Director		Sold on the market (planned)
4 trades that day		48.2K$16.6MForm 4
Oct 1, 2026Christian Kleinerman
EVP, Product Management		Sold on the market (planned)15K$5.12MForm 4
Sep 23, 2026Benoit Dageville
Director		Sold on the market (planned)50K$17MForm 4
Sep 23, 2026Jonathan Mead Beaulier
Chief Revenue Officer		Sold on the market755$254KForm 4
Sep 22, 2026Christian Kleinerman
EVP, Product Management		Sold on the market (planned)2.6K$903KForm 4
Sep 21, 2026Frank Slootman
Director		Sold on the market (planned)
10 trades that day		103K$34.5MForm 4
Sep 18, 2026Frank Slootman
Director		Sold on the market (planned)
8 trades that day		197K$65.9MForm 4
Sep 16, 2026Jonathan Mead Beaulier
Chief Revenue Officer		Sold on the market12.3K$4.13MForm 4
Sep 16, 2026Emily Ho
Chief Accounting Officer		Sold on the market768$256KForm 4
Sep 16, 2026Christian Kleinerman
EVP, Product Management		Sold on the market (planned)3K$951KForm 4
Everything else: grants, option exercises, tax withholding (142)
DateWhoWhatSharesValueFiling
Nov 4, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4
Oct 21, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4
Oct 19, 2026Frank Slootman
Director		Exercised options (planned)300K$2.66MForm 4
Oct 7, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4
Sep 23, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4
Sep 21, 2026Frank Slootman
Director		Exercised options (planned)103K$913KForm 4
Sep 21, 2026Sridhar Ramaswamy
Chief Executive Officer, Director		Shares withheld for taxes
2 trades that day		4.4K$1.47MForm 4
Sep 21, 2026Vivek Raghunathan
SVP, Engineering		Shares withheld for taxes3.6K$1.20MForm 4
Sep 21, 2026Benoit Dageville
Director		Shares withheld for taxes
2 trades that day		791$263KForm 4
Sep 21, 2026Jonathan Mead Beaulier
Chief Revenue Officer		Shares withheld for taxes
3 trades that day		711$236KForm 4
Sep 21, 2026Christian Kleinerman
EVP, Product Management		Shares withheld for taxes (planned)
2 trades that day		2.7K$882KForm 4
Sep 21, 2026Emily Ho
Chief Accounting Officer		Shares withheld for taxes
2 trades that day		1.1K$363KForm 4
Sep 18, 2026Frank Slootman
Director		Exercised options (planned)197K$1.75MForm 4
Sep 15, 2026Benoit Dageville
Director		Shares withheld for taxes
3 trades that day		2K$677KForm 4
Sep 15, 2026Jonathan Mead Beaulier
Chief Revenue Officer		Shares withheld for taxes
2 trades that day		7.9K$2.62MForm 4
Sep 15, 2026Emily Ho
Chief Accounting Officer		Shares withheld for taxes
2 trades that day		376$125KForm 4
Sep 15, 2026Sridhar Ramaswamy
Chief Executive Officer, Director		Shares withheld for taxes
2 trades that day		5.7K$1.90MForm 4
Sep 15, 2026Brian G Robins
Chief Financial Officer		Shares withheld for taxes431$143KForm 4
Sep 15, 2026Christian Kleinerman
EVP, Product Management		Shares withheld for taxes (planned)
3 trades that day		4.4K$1.45MForm 4
Sep 15, 2026Frank Slootman
Director		Shares withheld for taxes (planned)
2 trades that day		1.3K$439KForm 4
Sep 15, 2026Vivek Raghunathan
SVP, Engineering		Shares withheld for taxes (planned)
2 trades that day		8.9K$2.96MForm 4
Sep 14, 2026Benoit Dageville
Director		Gift100Kn/aForm 4
Sep 11, 2026Christian Kleinerman
EVP, Product Management		Gift11.2Kn/aForm 4
Sep 9, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4
Sep 8, 2026Christian Kleinerman
EVP, Product Management		Shares withheld for taxes (planned)
2 trades that day		2.8K$931KForm 4
Sep 8, 2026Brian G Robins
Chief Financial Officer		Shares withheld for taxes
2 trades that day		5.3K$1.78MForm 4
Sep 8, 2026Benoit Dageville
Director		Shares withheld for taxes (planned)
2 trades that day		787$265KForm 4
Sep 8, 2026Sridhar Ramaswamy
Chief Executive Officer, Director		Shares withheld for taxes
2 trades that day		4.5K$1.52MForm 4
Sep 8, 2026Vivek Raghunathan
SVP, Engineering		Shares withheld for taxes
2 trades that day		1.8K$622KForm 4
Sep 8, 2026Emily Ho
Chief Accounting Officer		Shares withheld for taxes181$61KForm 4
Sep 8, 2026Jonathan Mead Beaulier
Chief Revenue Officer		Shares withheld for taxes
2 trades that day		827$279KForm 4
Sep 4, 2026Mark Garrett
Director		Exercised options50K$187KForm 4
Aug 26, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4
Aug 19, 2026Frank Slootman
Director		Exercised options (planned)49K$435KForm 4
Aug 18, 2026Frank Slootman
Director		Exercised options (planned)251K$2.23MForm 4
Aug 12, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4
Jul 29, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4
Jul 21, 2026Frank Slootman
Director		Exercised options (planned)10.3K$91.6KForm 4
Jul 20, 2026Frank Slootman
Director		Exercised options (planned)290K$2.57MForm 4
Jul 15, 2026Benoit Dageville
Director		Gift (planned)16.7Kn/aForm 4

An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.

Famous investors who own it

InvestorQuarterSharesValueShare of fundChange
Brad Gerstner (Altimeter Capital Management)Q2 261.9M$490M5%No change
Cathie Wood (ARK Investment Management)Q2 26270K$68.6M0.5%New position
George Soros (Soros Fund Management)Q2 26137K$34.8M0.5%Added (+186%)
Ray Dalio (founder) (Bridgewater Associates)Q2 267K$1.79M<0.1%No change

From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.

Failed trades

Failed trades (fails to deliver) shares that weren't delivered on time when a trade settled
Jul 7: 1.5KJul 9: 24Jul 14: 5Jul 20: 1.9KJul 20Jul 24: 2.5KJul 28: 5KJul 30: 100Aug 3: 1.9KAug 3Aug 5: 11.1KAug 6: 2.2KAug 10: 1.1KAug 11: 2.5KAug 11Aug 12: 3.6KAug 14: 1Aug 19: 6.5KAug 20: 1Aug 20Aug 21: 662Aug 24: 216Aug 27: 38Aug 31: 92Aug 31Sep 1: 259Sep 3: 5.7KSep 8: 178Sep 10: 1.1KSep 10Sep 11: 14.2KSep 15: 21.8KSep 16: 9.9KSep 17: 2.4KSep 17Sep 21: 59.8KSep 23: 1.8KSep 24: 3.6KSep 25: 4.3KSep 25Sep 29: 1.4KSep 30: 266Oct 1: 9.2KOct 5: 2.2KOct 5Oct 7: 24Oct 8: 10.8KOct 9: 50Oct 13: 18.9KOct 1318.9K
Show the numbers
Failed trades (fails to deliver)
Jul 71.5K
Jul 924
Jul 145
Jul 201.9K
Jul 242.5K
Jul 285K
Jul 30100
Aug 31.9K
Aug 511.1K
Aug 62.2K
Aug 101.1K
Aug 112.5K
Aug 123.6K
Aug 141
Aug 196.5K
Aug 201
Aug 21662
Aug 24216
Aug 2738
Aug 3192
Sep 1259
Sep 35.7K
Sep 8178
Sep 101.1K
Sep 1114.2K
Sep 1521.8K
Sep 169.9K
Sep 172.4K
Sep 2159.8K
Sep 231.8K
Sep 243.6K
Sep 254.3K
Sep 291.4K
Sep 30266
Oct 19.2K
Oct 52.2K
Oct 724
Oct 810.8K
Oct 950
Oct 1318.9K

From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.

Share offerings

Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.

What they told the SEC, in plain English

Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.

What changed in the latest annual report

Comparing the risk factors in the 10-K filed Mar 20, 2026 with the one filed Mar 21, 2025: 0 new and 0 removed, out of 55.

Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.

Search inside Snowflake's filings

Opens the SEC's own full-text search in a new tab, limited to SNOW. Every SNOW filing on EDGAR.