Snowflake Inc SEC Filings

Snowflake Inc. reported strong top-line growth but continued losses for the quarter ended October 31, 2025. Revenue rose to $1.21 billion from $942.1 million a year earlier, driven mainly by product revenue of $1.16 billion. Despite this growth, Snowflake remained unprofitable, recording a net loss of $291.6 million, an improvement from a $327.9 million loss in the prior-year quarter, as operating loss narrowed slightly.

For the first nine months of the fiscal year, revenue reached $3.40 billion versus $2.64 billion a year ago, while net loss widened modestly to $1.02 billion. The company continued to generate positive cash flow from operations of $440.8 million over nine months, though cash, cash equivalents and investments decreased as Snowflake invested in growth, acquisitions, and share repurchases. Remaining performance obligations were $7.9 billion, with the company expecting about 48% to convert to revenue over the next 12 months based on historical consumption patterns.

A shareholder of SNOW has filed a Form 144 notice covering a planned sale of 50,741 shares of common stock through broker Stifel on or about 12/05/2025, to be sold on the NYSE. The filing lists an aggregate market value of 11,703,629.17 for these shares and notes that 338,800,000 shares of the same class were outstanding at the time. The shares come from several historical acquisitions, including private placements and a pro-rata distribution from a venture fund between 2013 and 2017.

The notice also reports that Michael L. Speiser has sold 50,741 shares of common stock on each of 10/03/2025 and 11/07/2025, for gross proceeds of 11,989,936.00 and 13,345,709.00, respectively. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.

Snowflake Inc. executive Christian Kleinerman reported an insider stock sale. On 12/01/2025, he sold 10,000 shares of Snowflake common stock at a price of $249.53 per share in an open market transaction coded as a sale.

After this transaction, he beneficially owned 512,450 shares directly, and additional shares indirectly through the Kleinerman 2020 Dynasty LLC and several grantor retained annuity trusts dated in 2022, 2023, and 2024. The sale was made under a pre-arranged Rule 10b5-1 trading plan that he adopted on December 19, 2024.

Snowflake Inc. filed a current report to announce that it has released financial results for its fiscal quarter ended October 31, 2025. On December 3, 2025, the company issued a press release detailing these quarterly results, which is included as Exhibit 99.1 to the report and incorporated by reference. The company notes that this earnings information is being furnished rather than filed under securities laws, which affects how it is treated for legal liability purposes.

Snowflake Inc. founder, chief architect and director reported several stock transactions in the company’s shares. On 11/28/2025, he exercised a stock option to buy 25,000 shares of common stock at $13.48 per share, then sold 25,000 shares at $249.65 per share. He also made a gift of 7,500 shares to a trust.

After these moves, he directly owned 50,519 shares of Snowflake common stock and held additional shares indirectly through several trusts, including 3,051,555 shares in one trust and 750,000 shares in each of two other trusts. A stock option covering 167,927 shares remained beneficially owned and is fully vested. The filing notes that the gift, exercise, and sale were carried out under a Rule 10b5-1 trading plan adopted on March 28, 2025.

A shareholder of SNOW filed a Form 144 notice to sell 10,000 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $2,495,300.00 and a listed total of 338,800,000 common shares outstanding. The shares to be sold were acquired on 12/15/2017 as founders shares from the issuer as compensation.

The filing also lists prior sales in the last three months, including multiple sales of common stock by Christian Kleinerman and Kleinerman 2020 Dynasty LLC. Examples include 10,000 shares sold on 09/02/2025 for $2,335,000.00, 2,975 shares on 09/16/2025 for $658,189.00, 10,000 shares on 10/01/2025 for $2,238,800.00, 5,000 shares on 10/08/2025 for $1,250,000.00, 5,000 shares on 10/31/2025 for $1,375,000.00, and 10,000 shares on 11/03/2025 for $2,777,300.00. The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.

Benoit Dageville has filed a Form 144 related to SNOW common stock, giving notice of his intent to sell 25,000 shares through Fidelity Brokerage Services on the NYSE. The planned sale has an aggregate market value of 6,241,250.00, compared with 338,800,000 common shares outstanding. The shares to be sold were acquired on 11/28/2025 via options that were granted on 12/11/2019, with cash payment on the same acquisition date.

Over the prior three months, Dageville has reported multiple sales of SNOW common stock, including 25,000 shares on 09/04/2025 for gross proceeds of 5,573,000.00 and 25,000 shares on 11/13/2025 for 6,611,250.00. This notice also reiterates the standard representation that the seller is not aware of undisclosed material adverse information about the issuer’s current or prospective operations.

Snowflake Inc. (SNOW) disclosed that a director and its Founder and Chief Architect reported multiple transactions on 11/13/2025: an option exercise for 25,000 shares at $13.48, an open‑market sale of 25,000 shares at a weighted average price of $264.45, and a gift of 7,500 shares.

Following these transactions, the filing lists 50,519 shares held directly. It also reports indirect holdings of 3,059,055 shares in The Snow Trust UTA dated 9/10/19, 750,000 shares in The Thira GRAT No. 1 dated 3/13/2025 (beneficial ownership disclaimed), and 750,000 shares in The Selene GRAT No. 1 dated 3/13/2025. The stock option was fully vested and covered 25,000 underlying common shares. The filing notes these transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted on March 28, 2025. It also states that the reported holdings include shares to be issued upon the vesting of restricted stock units.

Snowflake (SNOW) insider Benoit Dageville filed a Form 144 to sell up to 25,000 shares of common stock, with an approximate sale date of 11/13/2025. The filing lists Fidelity Brokerage Services as broker and the NYSE as the exchange.

The shares covered have an aggregate market value of $6,611,250 based on the form’s pricing. Shares outstanding were 338,800,000; this is a baseline figure, not the amount being sold. Recent activity by the same seller over the past three months included multiple transactions, such as 25,000 shares for $6,626,000 on 10/30/2025 and 25,000 shares for $6,150,000 on 10/16/2025.