Net Loss per Share (Tables)

9 Months Ended

Oct. 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 October 31,				Nine Months Ended October 31,
	2023		2022		2023		2022

Numerator:
Net loss	$	(214,694)	$	(201,442)	$	(668,078)	$	(590,042)
Less: net loss attributable to noncontrolling interest	(443)		(506)		(1,333)		(506)
Net loss attributable to Snowflake Inc. Class A common stockholders	$	(214,251)	$	(200,936)	$	(666,745)	$	(589,536)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. Class A common stockholders—basic and diluted	329,310		320,135		326,964		317,653
Net loss per share attributable to Snowflake Inc. Class A common stockholders—basic and diluted	$	(0.65)	$	(0.63)	$	(2.04)	$	(1.86)

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 Nine Months Ended October 31,
	2023	2022


Stock options	29,776	37,106

RSUs	19,866	15,561
Unvested restricted common stock and early exercised stock options	286	543
Employee stock purchase rights under the 2020 ESPP	130	107
Total	50,058	53,317