Net Loss per Share (Tables)

6 Months Ended

Jul. 31, 2026

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. common stockholders (in thousands, except per share data):


	Three Months Ended July 31,				Six Months Ended July 31,
	2026		2025		2026		2025

Numerator:
Net loss	$	(191,720)	$	(297,930)	$	(487,291)	$	(727,882)
Less: net income attributable to noncontrolling interest	—		87		—		227
Net loss attributable to Snowflake Inc. common stockholders	$	(191,720)	$	(298,017)	$	(487,291)	$	(728,109)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. common stockholders—basic and diluted	349,257		335,215		347,356		333,957
Net loss per share attributable to Snowflake Inc. common stockholders—basic and diluted	$	(0.55)	$	(0.89)	$	(1.40)	$	(2.18)

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. common stockholders for the periods presented because the impact of including them would have been anti-dilutive (in thousands):



	July 31, 2026	July 31, 2025


RSUs	25,089	25,267
Shares underlying the conversion option in the Notes	14,603	14,603
Stock options	9,277	17,241

Unvested restricted common stock	733	681
ESPP Rights	288	275
Total	49,990	58,067