Net Loss per Share

12 Months Ended

Jan. 31, 2023

The following table presents the calculation of basic and diluted net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders (in thousands, except per share data):


	Fiscal Year Ended January 31,
		2023		2022		2021

Numerator:
Net loss		$	(797,526)	$	(679,948)	$	(539,102)
Less: net loss attributable to noncontrolling interest		(821)		—		—
Net loss attributable to Snowflake Inc. Class A and Class B common stockholders		$	(796,705)	$	(679,948)	$	(539,102)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders—basic and diluted		318,730		300,273		141,613
Net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders—basic and diluted		$	(2.50)	$	(2.26)	$	(3.81)

The following potentially dilutive securities were excluded from the calculation of diluted net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders for the periods presented because the impact of including them would have been anti-dilutive (in thousands):


	Fiscal Year Ended January 31,
	2023	2022	2021


Stock options	35,854	42,043	64,575

RSUs	15,560	9,612	9,349
Unvested restricted common stock and early exercised stock options	446	426	988
Employee stock purchase rights under the 2020 ESPP	265	116	214
Total	52,125	52,197	75,126