Snowflake Inc.
SNOWNYSE
$312.39
Last price · USD
- Market cap
- $105.4B
- P/E
- —
- EV / EBITDA
- —
- P/S
- 22.5x
- FCF yield
- 1.1%
- Div. yield
- 0.00%
Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.
Snowflake Inc. cash flow statement
Annual · USD millions except per-share data · 32 lines
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | (1,329) | (1,289) | (838) | (798) | (680) | — | |
| Depreciation & amortization | 220 | 183 | 120 | 64 | 21 | +78.9% | |
| Deferred income tax | (2) | (8) | (27) | (27) | (1) | — | |
| Stock-based compensation | 1,600 | 1,479 | 1,168 | 862 | 605 | +27.5% | |
| Change in working capital | 384 | 444 | 391 | 290 | 68 | +53.9% | |
| Accounts receivables | (380) | 1 | (212) | (167) | (252) | — | |
| Accounts payables | (8) | 109 | 19 | 8 | 7 | — | |
| Other working capital | 772 | 334 | 584 | 448 | 313 | +25.3% | |
| Other non-cash items | 350 | 151 | 34 | 155 | 96 | +38.2% | |
| Net cash from operating activities | 1,222 | 960 | 848 | 546 | 110 | +82.5% | |
| Operating cash flow | 1,222 | 960 | 848 | 546 | 110 | +82.5% | |
| Investing activities | |||||||
| Investments in PP&E | (102) | (46) | (35) | (25) | (16) | — | |
| Capital expenditure | (102) | (46) | (69) | (49) | (29) | — | |
| Acquisitions, net | (179) | (30) | (276) | (363) | 0 | — | |
| Purchases of investments | (2,040) | (2,569) | (2,476) | (3,901) | (4,250) | — | |
| Sales / maturities of investments | 2,636 | 2,867 | 3,682 | 3,716 | 4,283 | -11.4% | |
| Other investing activities | (3) | (30) | (63) | (25) | (37) | — | |
| Net cash from investing activities | 312 | 191 | 832 | (598) | (21) | — | |
| Financing activities | |||||||
| Net debt issuance | 0 | 2,073 | 0 | 0 | 0 | — | |
| Long-term net debt issuance | 0 | 2,073 | 0 | 0 | 0 | — | |
| Net stock issuance | (701) | (1,810) | (473) | 81 | 179 | — | |
| Common stock issuance | 172 | 122 | 118 | 81 | 179 | -1.0% | |
| Common stock repurchased | (874) | (1,932) | (592) | 0 | 0 | — | |
| Net common stock issuance | (701) | (1,810) | (473) | 81 | 179 | — | |
| Other financing activities | (684) | (489) | (381) | (173) | (1) | — | |
| Net cash from financing activities | (1,385) | (227) | (854) | (93) | 178 | — | |
| Cash summary | |||||||
| Effect of forex changes on cash | 17 | (58) | (3) | (1) | (17) | — | |
| Net change in cash | 166 | 866 | 823 | (146) | 251 | -9.8% | |
| Cash at beginning of period | 2,699 | 1,763 | 940 | 1,086 | 835 | +34.1% | |
| Cash at end of period | 2,864 | 2,629 | 1,763 | 940 | 1,086 | +27.4% | |
| Free cash flow | 1,120 | 913 | 779 | 496 | 81 | +92.7% | |
| Income taxes paid | 0 | 16 | 12 | 7 | 1 | — | |