Snowflake Q4 2023 Earnings Report
Key Takeaways
Snowflake reported a total revenue of $589.0 million, representing a 53% year-over-year growth. Product revenue was $555.3 million, a 54% increase year-over-year. The company's remaining performance obligations (RPO) reached $3.7 billion, up 38% year-over-year, and the net revenue retention rate stood at 158%.
Total revenue reached $589.0 million, up 53% year-over-year.
Product revenue grew to $555.3 million, marking a 54% year-over-year increase.
Remaining performance obligations (RPO) increased to $3.7 billion, a 38% year-over-year growth.
Net revenue retention rate was 158%.
Snowflake
Snowflake
Snowflake Revenue by Segment
Forward Guidance
Snowflake provided guidance for the first quarter and full year of fiscal 2024, including expectations for product revenue growth and profitability.
Revenue & Expenses
Visualization of income flow from segment revenue to net income