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Jan 31, 2022
Snowflake Q4 2022 Earnings Report
Snowflake's Q4 2022 financial results were released, showcasing significant revenue growth and strong customer retention.
Key Takeaways
Snowflake reported a strong fourth quarter and full year for fiscal 2022. Q4 revenue reached $383.8 million, representing 101% year-over-year growth, while product revenue grew by 102% to $359.6 million. The company's remaining performance obligations increased by 99% year-over-year, and the net revenue retention rate stood at 178%.
Total revenue for the quarter was $383.8 million, up 101% year-over-year.
Product revenue reached $359.6 million, reflecting a 102% year-over-year increase.
Remaining performance obligations (RPO) grew to $2.6 billion, a 99% increase year-over-year.
Net revenue retention rate was 178% as of January 31, 2022.
Snowflake
Snowflake
Snowflake Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
Snowflake provided guidance for the first quarter and full year of fiscal 2023, including product revenue and profitability expectations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income