Snowflake
SNOWQ1 2024(SNOW Q4 FY2024)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$488.0M
AI Revenue (Q)
$18.8M
Total Revenue (Q)
$942.1M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Snowflake's Q4 FY2024 (three months ended January 31, 2024) derived from 10-K annual filing. Full year FY2024 revenue was $2,806.5M, minus 9-month revenue of $2,031.8M gives Q4 revenue of approximately $774.7M. The FY2024 10-K extensively mentions AI and ML development, including references to 'artificial intelligence and machine learning' and 'Snowpark.' Cortex AI was in preview/early GA. The 10-K lists AI/ML as a key growth strategy but provides no AI-specific revenue breakdown. Single operating segment. Conservative 2% estimate (~$15.5M) reflecting continued early adoption of Snowpark ML and pre-GA Cortex AI features.
Analyzed by claude-opus-4-6
Quoted Figures
Fiscal Year Ended January 31, 2024: Revenue $2,806,489 thousand
10-K for fiscal year ended January 31, 2024, Segment Information
Nine Months Ended October 31, 2023: Total Revenue $2,031,790 thousand
10-Q for period ended October 31, 2023, Note 3 Revenue Disaggregation
our ability to continue to innovate and make new features generally available to customers, including our development and use of artificial intelligence and machine learning
10-K for fiscal year ended January 31, 2024, Forward-Looking Statements
AI Products Identified (Ring 1)
Snowpark MLCortex AI (preview/early GA)Snowflake Marketplace
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Data Cloud platformSnowpark
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix