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Snowflake (BSP:S2NW34) Research & Development : R$8,816 Mil (TTM As of Oct. 2024)


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What is Snowflake Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Snowflake's Research & Development for the three months ended in Oct. 2024 was R$2,490 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Oct. 2024 was R$8,816 Mil.

Snowflake Research & Development Historical Data

The historical data trend for Snowflake's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Snowflake Research & Development Chart

Snowflake Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Research & Development
Get a 7-Day Free Trial 436.54 1,277.13 2,582.13 4,091.76 6,334.39

Snowflake Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,678.89 1,792.57 2,107.37 2,426.30 2,489.94

Snowflake Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$8,816 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Snowflake  (BSP:S2NW34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Snowflake Research & Development Related Terms

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Snowflake Business Description

Industry
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Address
106 East Babcock Street, Suite 3A, Bozeman, MT, USA, 59715
Website
https://www.snowflake.com
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that went public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to buy and ingest data, while its data solutions can be hosted on various public clouds.

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