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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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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