Loading...
•
Oct 31, 2021
Snowflake Q3 2022 Earnings Report
Snowflake's Q3 2022 earnings showcased strong growth and continued momentum.
Key Takeaways
Snowflake reported strong third-quarter results, with revenue reaching $334.4 million, representing a 110% year-over-year increase. Product revenue grew by 110% year-over-year to $312.5 million. The company's remaining performance obligations (RPO) reached $1.8 billion, a 94% year-over-year increase, and the net revenue retention rate was 173%.
Total revenue reached $334.4 million, representing 110% year-over-year growth.
Product revenue was $312.5 million, also representing 110% year-over-year growth.
Remaining performance obligations (RPO) grew to $1.8 billion, a 94% year-over-year increase.
Net revenue retention rate stood at 173% as of October 31, 2021.
Revenue by Segment
Forward Guidance
The following table summarizes our guidance for the fourth quarter of fiscal 2022:
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...