Net Loss per Share (Tables)

6 Months Ended

Jul. 31, 2023

Schedule of Basic and Diluted Net Loss per Share

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


	Three Months Ended July 31,				Six Months Ended July 31,
	2023		2022		2023		2022

Numerator:
Net loss	$	(227,320)	$	(222,806)	$	(453,384)	$	(388,600)
Less: net loss attributable to noncontrolling interest	(453)		—		(890)		—
Net loss attributable to Snowflake Inc. Class A common stockholders	$	(226,867)	$	(222,806)	$	(452,494)	$	(388,600)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. Class A common stockholders—basic and diluted	327,335		318,356		325,772		316,392
Net loss per share attributable to Snowflake Inc. Class A common stockholders—basic and diluted	$	(0.69)	$	(0.70)	$	(1.39)	$	(1.23)

Schedule of Potentially Dilutive Securities Excluded from Computation of Net Loss per Share

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


	Three and Six Months Ended July 31,
	2023	2022


Stock options	30,893	38,163

RSUs	20,497	14,337
Unvested restricted common stock and early exercised stock options	291	641
Employee stock purchase rights under the 2020 ESPP	176	100
Total	51,857	53,241