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Snowflake Gross Profit

: $253.7 Mil (TTM As of Jan. 2021)
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Snowflake's gross profit for the three months ended in Jan. 2021 was $107.6 Mil. Snowflake's gross profit for the trailing twelve months (TTM) ended in Jan. 2021 was $253.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Snowflake's gross profit for the three months ended in Jan. 2021 was $107.6 Mil. Snowflake's Revenue for the three months ended in Jan. 2021 was $190.5 Mil. Therefore, Snowflake's Gross Margin % for the quarter that ended in Jan. 2021 was 56.47%.

Snowflake had a gross margin of 56.47% for the quarter that ended in Jan. 2021 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Snowflake was 59.03%. The lowest was 46.46%. And the median was 55.97%.


Snowflake Gross Profit Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Snowflake Annual Data
Jan19 Jan20 Jan21
Gross Profit 44.91 148.19 349.46

Snowflake Quarterly Data
Jan19 Oct19 Jan20 Jul20 Oct20 Jan21
Gross Profit Premium Member Only 43.52 53.17 0.00 92.94 107.56

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Snowflake Gross Profit Distribution

* The bar in red indicates where Snowflake's Gross Profit falls into.



Snowflake Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Snowflake's Gross Profit for the fiscal year that ended in Jan. 2021 is calculated as

Gross Profit (A: Jan. 2021 )=Revenue - Cost of Goods Sold
=592.049 - 242.588
=349.5

Snowflake's Gross Profit for the quarter that ended in Jan. 2021 is calculated as

Gross Profit (Q: Jan. 2021 )=Revenue - Cost of Goods Sold
=190.465 - 82.904
=107.6

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2021 was 53.17 (Jan. 2020 ) + 0 (Jul. 2020 ) + 92.943 (Oct. 2020 ) + 107.561 (Jan. 2021 ) = $253.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Snowflake's Gross Margin % for the quarter that ended in Jan. 2021 is calculated as

Gross Margin % (Q: Jan. 2021 )=Gross Profit (Q: Jan. 2021 ) / Revenue (Q: Jan. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=107.6 / 190.465
=56.47 %

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Snowflake  (NYSE:SNOW) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Snowflake had a gross margin of 56.47% for the quarter that ended in Jan. 2021 => Durable competitive advantage


Snowflake Gross Profit Related Terms


Snowflake Gross Profit Headlines

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