Net Loss per Share (Tables)

6 Months Ended

Jul. 31, 2024

Earnings Per Share [Abstract]

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,
	2024		2023		2024		2023
Numerator:
Net loss	$	(317,770)	$	(227,320)	$	(635,586)	$	(453,384)
Less: net loss attributable to noncontrolling interest	(871)		(453)		(1,699)		(890)
Net loss attributable to Snowflake Inc. Class A common stockholders	$	(316,899)	$	(226,867)	$	(633,887)	$	(452,494)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. Class A common stockholders—basic and diluted	334,071		327,335		333,830		325,772
Net loss per share attributable to Snowflake Inc. Class A common stockholders—basic and diluted	$	(0.95)	$	(0.69)	$	(1.90)	$	(1.39)

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,
	2024	2023
Stock options	25,097	30,893
RSUs	22,432	20,497
Unvested restricted common stock and early exercised stock options	500	291
Employee stock purchase rights under the 2020 ESPP	271	176
Total	48,300	51,857