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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2025
Jan. 31, 2024
Current assets:    
Cash and cash equivalents $ 2,628,798 $ 1,762,749
Short-term investments 2,008,873 2,083,499
Accounts receivable, net 922,805 926,902
Deferred commissions, current 97,662 86,096
Prepaid expenses and other current assets 211,234 180,018
Total current assets 5,869,372 5,039,264
Long-term investments 656,476 916,307
Property and equipment, net 296,393 247,464
Operating lease right-of-use assets 359,439 252,128
Goodwill 1,056,559 975,906
Intangible assets, net 278,028 331,411
Deferred commissions, non-current 183,967 187,093
Other assets 333,704 273,810
Total assets 9,033,938 8,223,383
Current liabilities:    
Accounts payable 169,767 51,721
Accrued expenses and other current liabilities 515,454 446,860
Operating lease liabilities, current 35,923 33,944
Deferred revenue, current 2,580,039 2,198,705
Total current liabilities 3,301,183 2,731,230
Convertible senior notes, net 2,271,529 0
Operating lease liabilities, non-current 377,818 254,037
Deferred revenue, non-current 15,501 14,402
Other liabilities 61,264 33,120
Total liabilities 6,027,295 3,032,789
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock; $0.0001 par value per share; 200,000 shares authorized, zero shares issued and outstanding as of each January 31, 2025 and 2024 0 0
Common stock; $0.0001 par value per share; 2,500,000 Class A shares authorized; 334,301 and 334,453 shares issued as of January 31, 2025 and 2024, respectively(1); 333,865 and 333,961 shares outstanding as of January 31, 2025 and 2024, respectively(1); 185,461 Class B shares authorized, zero shares issued and outstanding as of each January 31, 2025 and 2024 34 34
Treasury stock, at cost; 436 shares and 492 shares held as of January 31, 2025 and 2024, respectively(1) (59,505) (67,140)
Additional paid-in capital 10,355,211 9,331,238
Accumulated other comprehensive loss (2,236) (8,220)
Accumulated deficit (7,293,575) (4,075,604)
Total Snowflake Inc. stockholders’ equity 2,999,929 5,180,308
Noncontrolling interest 6,714 10,286
Total stockholders’ equity 3,006,643 5,190,594
Total liabilities and stockholders’ equity $ 9,033,938 $ 8,223,383