Compared to Estimates, Snowflake (SNOW) Q4 Earnings: A Look at Key Metrics

Core Insights - Snowflake Inc. reported revenue of $986.77 million for the quarter ended January 2025, reflecting a year-over-year increase of 27.4$952.67 million [1] - The company's EPS was $0.30, down from$0.35 in the same quarter last year, with a significant surprise of +76.47% compared to the consensus estimate of $0.17 [1] Financial Performance Metrics - Remaining performance obligations stood at$6.90 billion, exceeding the average estimate of $6.71 billion from four analysts [4] - The number of customers with trailing 12-month product revenue greater than$1 million was 580, surpassing the estimate of 572 from two analysts [4] - Product revenue was reported at $943.30 million, which is a 27.8$910.47 million from 12 analysts [4] - Professional services and other revenue reached $43.47 million, compared to the estimated$42.70 million, marking an 18.7% year-over-year increase [4] - Non-GAAP Product Gross Profit was $715.31 million, exceeding the average estimate of$683.86 million from eight analysts [4] - GAAP Product gross profit was reported at $670.10 million, above the average estimate of$642.35 million from two analysts [4] Stock Performance - Over the past month, Snowflake's shares have returned -12.7%, while the Zacks S&P 500 composite experienced a -2.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]