Net Loss per Share

12 Months Ended

Jan. 31, 2024

Earnings Per Share [Abstract]

Net Loss per Share

Net Loss per Share

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,
	2024		2023		2022
Numerator:
Net loss	$	(837,990)	$	(797,526)	$	(679,948)
Less: net loss attributable to noncontrolling interest	(1,893)		(821)		—
Net loss attributable to Snowflake Inc. Class A and Class B common stockholders	$	(836,097)	$	(796,705)	$	(679,948)
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	328,001		318,730		300,273
Net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders—basic and diluted	$	(2.55)	$	(2.50)	$	(2.26)

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,
	2024	2023	2022
Stock options	27,369	35,854	42,043
RSUs	20,957	15,560	9,612
Unvested restricted common stock and early exercised stock options	671	446	426
Employee stock purchase rights under the 2020 ESPP	284	265	116
Total	49,281	52,125	52,197