Snowflake Revenue. SAN MATEO Calif– BUSINESS WIRE– Snowflake NYSE. Revenue system is a double edged sword. 332021 Almost 94 of Snowflakes revenue came from product revenue in the fiscal fourth quarter. Specifically in Q4 2020s revenue was 1596M.
Snowflake annual revenue increased from 967 million in 2019 to 2647 million in 2020 a 1739 increase. 2132020 But Snowflake is worth more than four times its October 2018 value of 39 billion after it raised 450 million. In short Snowflake is using its professional services not as an additional revenue stream but as an enabler for its product revenues. Find detailed stats on Snowflake revenue on Craft. SNOW provider of the Data Cloud today announced financial results for its third quarter of fiscal 2021 ended October 31 2020. 1222021 We believe Snowflakes growth will remain above 40 at least until the end of FY2025.
For perspective thats over.
See insights on Snowflake including office locations competitors revenue financials executives subsidiaries and more at Craft. SNOW the Data Cloud company today announced. Throughout fiscal year 2022 the companys product revenue was 1 billion to 102 billion down from 116 in the fourth quarter and growing 81 to 84. SAN MATEO Calif– BUSINESS WIRE– Snowflake NYSE. Heres an analogy when you go to the arcade you buy a bunch of tokens obligated revenue up front in order to play the games where. 9112020 From January 31 2019 to January 31 2020 the company grew revenue by over 173 to 264M with the following six months seeing Snowflake hit an Annual Run Rate ARR of 483M.