Snowflake 2024年度报告

Washington, D.C. 20549 FORM10-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedJanuary31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto SNOWFLAKE INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Suite 3A,106 East Babcock StreetBozeman,MT59715(Address of principal executive offices)(844)766-9355(Registrant’s telephone number, including area code)1 Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to section 12(g) of the Act: Not Applicable Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☒No☐ Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for suchshorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter)during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitionsof “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standardsprovided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error topreviously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officersduring the relevant recovery period pursuant to § 240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).Yes☐No☒ The aggregate market value of voting and non-voting common equity held by non-affiliates of the registrant on July31, 2024 (the last business day of the registrant’s fiscal second quarter), based onthe closing price of $130.38 for shares of the registrant’s Class A common stock as reported by the New York Stock Exchange, was approximately$42.3billion. As of March7, 2025, there were334.1million shares of the registrant’s Class A common stock, par value of $0.0001 per share, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's definitive Proxy Statement relating to the 2025 Annual Meeting of Stockholders are incorporated herein by reference in Part III of this Annual Report on Form 10-K whereindicated. Such Proxy Statement will be filed with the Securities and Exchange Commission within 120 days after the registrant's fiscal year ended January31, 2025. TABLE OF CONTENTS Special Note About Forward-Looking StatementsSelected Risks Affecting Our BusinessPART I.ITEM 1. Business.ITEM 1A. Risk Factors.ITEM 1B. Unresolved Staff Comments.ITEM 1C. CybersecurityITEM 2. Properties.ITEM 3. Legal Proceedings.ITEM 4. Mine Safety Disclosures.PART II.ITEM 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.ITEM 6. [Reserved]ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.ITEM 7A. Quantitative and Qualitative Disclosures About Market Risk.ITEM 8. Financial Statements and Supplementary Data.ITEM 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.ITEM 9A. Controls and Procedures.ITEM 9B. Other Information.ITEM 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.PART III.ITEM 10. Directors, Executive Officers and Corporate Governance.ITEM 11. Executive Compensation.ITEM 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.ITEM 13. Certain Relationships and Rel