Highlights and Quick Summary
- R&D Expenses for the quarter ending April 30, 2023 was $277 Million (a 14.57% increase compared to previous quarter)
- Year-over-year quarterly R&D Expenses increased by 50.97%
- Annual R&D Expenses for 2023 was $788 Million (a 68.77% increase from previous year)
- Annual R&D Expenses for 2022 was $467 Million (a 96.23% increase from previous year)
- Annual R&D Expenses for 2021 was $238 Million (a 126.27% increase from previous year)
- Twelve month R&D Expenses ending April 30, 2023 was $915 Million (a 16.07% increase compared to previous quarter)
- Twelve month trailing R&D Expenses increased by 59.46% year-over-year
Trailing R&D Expenses for the last four month:
| 30 Apr '23 | 31 Jan '23 | 31 Oct '22 | 31 Jul '22 |
|---|---|---|---|
| $915 Million | $788 Million | $669 Million | $574 Million |
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Historical R&D Expenses of Snowflake Inc.
Most recent R&D Expensesof SNOW including historical data for past 10 years.Interactive Chart of R&D Expenses of Snowflake Inc.
Snowflake Inc. R&D Expenses for the past 10 Years (both Annual and Quarterly)
(All values are in $ million)
| Year | Q1 | Q2 | Q3 | Q4 | Fiscal Year |
|---|---|---|---|---|---|
| 2023 | $277.41 | $242.13 | – | – | $788.06 |
| 2022 | $211.39 | $183.75 | $150.8 | $123.15 | $466.93 |
| 2021 | $115.9 | $118.09 | $109.8 | $94.0 | $237.95 |
| 2020 | $74.14 | $36.53 | $33.28 | $29.71 | $105.16 |
| 2019 | – | – | – | – | $68.68 |
Business Profile of Snowflake Inc.
Sector: Technology
Industry: Software Application