Snowflake generated 65% in gross margins in 2023, compared to 62% in 2022 and 65% in 2021. All gross margins come from product, with a 72% gross margin in 2023, compared to professional services run at negative gross margins of 34% in 2023.
The Leading Source of Insights On Business Model Strategy & Tech Business Models
The Leading Source of Insights On Business Model Strategy & Tech Business Models
Snowflake generated 65% in gross margins in 2023, compared to 62% in 2022 and 65% in 2021. All gross margins come from product, with a 72% gross margin in 2023, compared to professional services run at negative gross margins of 34% in 2023.