The snowflake cost structure is skewed toward the product business, which not only generates most of the revenue for the company, but its gross margins. Indeed, in 2023, on $2 billion of revenue, the company reported $717 million in cost of sales, and $1.35 billion in gross profits, at a 62% gross margin, mostly coming […]
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Snowflake generates most of its revenue from products/software. For instance, in 2023, almost 94% of its revenue came from product and 6% from professional services. Indeed in 2023, product generated $1.93 billion in revenue, compared to nearly $127 million from professional services. Related Visual Stories Snowflake Revenue Snowflake Revenue Breakdown Snowflake Net Loss Snowflake Financials
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Snowflake reported $797 million in net losses in 2023, compared to $680 million in net losses in 2022 and $539 million in net losses in 2021. Related Visual Stories Snowflake Revenue Snowflake Revenue Breakdown Snowflake Net Loss Snowflake Financials Snowflake Cost Structure Snowflake Gross Margins Snowflake Employees Snowflake Customers
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Snowflake generated over $2 billion in revenue in 2023, compared to $1.22 billion in 2022 and $592 million in 2021. Related Visual Stories Snowflake Revenue Snowflake Revenue Breakdown Snowflake Net Loss Snowflake Financials Snowflake Cost Structure Snowflake Gross Margins Snowflake Employees Snowflake Customers
Oracle generated over $42.4 billion in revenue in 2022, compared to $nearly $40.5 billion in 2021 and $39 billion in 2020. Oracle is a behemoth in the software industry which successfully transitioned from on-premise software (A key paradigm until the 2010s) to the cloud, which today represents most of its revenue. Cloud revenue comprises services
Founded in 2004 by former Yahoo! employees Brian Acton and Jan Koum, it was eventually sold to Facebook for $19 billion. It entered into the Facebook Inc. empire, headed by Mark Zuckerberg together with Facebook and Instagram. As a result, WhatsApp is transitioning into a Super App, or a horizontal mobile platform where users can
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By December 2022, Roblox had almost 59 million daily active users on the platform and engaged 12.8 billion hours for the full year. Compared to 49.5 million daily active users in 2021. Connected Visual Highlights Roblox DAUs Roblox Financials Roblox Revenue Roblox Profitability Who Owns Roblox Connected Case Studies Roblox Business Model Gaming Business Models
In 2022, Roblox posted over $930 million in net losses, compared to over $500 million in net losses in 2021. Connected Visual Highlights Roblox DAUs Roblox Financials Roblox Revenue Roblox Profitability Who Owns Roblox Connected Case Studies Roblox Business Model Gaming Business Models Free-to-play Business Model Epic Games Business Model Play-to Earn Business Model Axie
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In 2022, on $2.9 billion in bookings (activity in a given period without giving effect to certain non-cash adjustments), Roblox generated over to $2.2 billion in revenue. Connected Visual Highlights Roblox DAUs Roblox Financials Roblox Revenue Roblox Profitability Who Owns Roblox Connected Case Studies Roblox Business Model Gaming Business Models Free-to-play Business Model Epic Games
DuckDuckGo and the story behind it. How Gabriel Weinberg grew it from a solo-project to a search engine that has the potential to challenge Google
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In 2021, Twitter generated $5 billion in revenues and over $220 million in net losses. In Q2 2022, on $1.17 billion in revenues, Twitter posted a net loss of $270 million. However, in the first six months of 2022, on almost $2.4 billion in revenues, Twitter generated over $240 million in net income. Year Total
Both the North American and International segment of Amazon are running at negative margins. Indeed, in 2022, for the North American segments, of almost $316 billion in revenue, Amazon spent almost $319 billion in operating costs to run it, thus it generated $2 billion in operating losses in 2022. For its International segment, of $118
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As of 2022, Twitter is not profitable. In fact, in 2021, on $5 billion in revenues, Twitter generated over $220 million in net losses. In Q2 2022, on $1.17 billion in revenues, Twitter posted a net loss of $270 million. However, in the first six months of 2022, on almost $2.4 billion in revenues, Twitter
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TikTok is a creative Chinese social media platform driven by short-form video content enabling users to interact and generate content at scale. TikTok generated $11 billion in advertising revenues in 2022, thus making it among the most popular attention-based business models or attention merchants. TikTok’s breakthrough is a combination of format (short-form video), content creation
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Kellogg’s, formally known as The Kellogg Company, is a multinational food company founded in 1906 by William Keith Kellogg. The company’s iconic corn flakes breakfast cereal was developed by Kellogg and his brother John while the pair researched ways to improve the diet of sanatorium patients. Corn flakes remain an emblematic product today like many
Officially founded in 1998, Google quickly became synonymous with the web, by the early 2000s. By 2015, Google chanced name in Alphabet. And by 2019, Google made more than $160 billion in revenues, of which mostly coming from advertising on its two main products (Google and YouTube) and other revenue streams like Cloud, other, like
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Johnson & Johnson is a multinational corporation with a core focus on consumer-packaged goods (CPGs), pharmaceutical products, and medical devices. With a headquarters in New Brunswick, New Jersey, Johnson & Johnson is one of only two American companies with a higher credit rating than the United States government. Johnson & Johnson was founded in 1886
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