Snowflake Inc.
NYSE:SNOW
Snowflake Inc.
Revenue
Snowflake Inc.
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Snowflake Inc.
NYSE:SNOW
|
Revenue
$3.6B
|
CAGR 3-Years
44%
|
CAGR 5-Years
69%
|
CAGR 10-Years
N/A
|
|
|
Cloudflare Inc
NYSE:NET
|
Revenue
$1.7B
|
CAGR 3-Years
37%
|
CAGR 5-Years
42%
|
CAGR 10-Years
N/A
|
|
|
GoDaddy Inc
NYSE:GDDY
|
Revenue
$4.6B
|
CAGR 3-Years
6%
|
CAGR 5-Years
9%
|
CAGR 10-Years
13%
|
|
|
MongoDB Inc
NASDAQ:MDB
|
Revenue
$2B
|
CAGR 3-Years
32%
|
CAGR 5-Years
37%
|
CAGR 10-Years
N/A
|
|
|
Okta Inc
NASDAQ:OKTA
|
Revenue
$2.6B
|
CAGR 3-Years
26%
|
CAGR 5-Years
35%
|
CAGR 10-Years
N/A
|
|
|
Verisign Inc
NASDAQ:VRSN
|
Revenue
$1.6B
|
CAGR 3-Years
5%
|
CAGR 5-Years
5%
|
CAGR 10-Years
4%
|
|
Snowflake Inc.
Glance View
Snowflake Inc. emerged from the bustling world of Silicon Valley, founded in 2012 by three industry veterans with a vision to revolutionize data warehousing. Unlike traditional counterparts reliant on on-premise hardware, Snowflake embraced the cloud, positioning itself as a leader in data platform services. The company designed a unique architecture that separates storage and compute, enabling businesses to store vast amounts of data while providing the flexibility to scale resources independently. This innovation allows clients to efficiently manage and analyze their data, deriving valuable insights without the typical constraints of legacy systems. Snowflake's approach democratizes data access, empowering companies to make timely, informed decisions with increased agility. Monetization for Snowflake revolves around a usage-based pricing model, diverging from the common subscription fees typically seen in enterprise software markets. Customers pay for the storage of data and the compute resources they consume, effectively creating a scalable, consumption-driven revenue stream. This approach aligns the company’s success closely with that of its clients; as they grow and require more resources for data processing, Snowflake's revenues increase proportionately. By collaborating with major cloud providers like AWS, Azure, and Google Cloud, Snowflake positions itself within a broader cloud ecosystem, enhancing its platform’s reach and integration capabilities. This strategic positioning, combined with its innovative technology, propels Snowflake as a formidable player in the modern cloud infrastructure landscape, continuously evolving to meet growing data needs.
See Also
What is Snowflake Inc.'s Revenue?
Revenue
3.6B
USD
Based on the financial report for Jan 31, 2025, Snowflake Inc.'s Revenue amounts to 3.6B USD.
What is Snowflake Inc.'s Revenue growth rate?
Revenue CAGR 5Y
69%
Over the last year, the Revenue growth was 29%. The average annual Revenue growth rates for Snowflake Inc. have been 44% over the past three years , 69% over the past five years .
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