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1、 2025 Snowflake Inc.All Rights Reserved 2025 Snowflake Inc.All Rights ReservedSNOWFLAKEINVESTOR PRESENTATIONFourth Quarter Fiscal 2025 2025 Snowflake Inc.All Rights Reserved2 2025 Snowflake Inc.All Rights Reserved2This presentation includes certain non-GAAP financial measures,which have not been pre
2、pared in accordance with generally accepted accounting principles in the United States(GAAP).These non-GAAP financial measures are in addition to,and not as a substitute for,or superior to,financial measures calculated in accordance with GAAP.There are a number of limitations related to the use of t
3、hese non-GAAP financial measures versus their nearest GAAP equivalents.For example,other companies may calculate non-GAAP financial measures differently or may use other measures to evaluate their performance,all of which could reduce the usefulness of our non-GAAP financial measures as tools for co
4、mparison.Please see the Appendix for reconciliations of these non-GAAP financial measures to their nearest GAAP equivalents and for the calculation of certain other financial metrics.Non-GAAP product gross profit,operating income(loss),net income,and net income attributable to Snowflake Inc.are each
5、 defined as the respective GAAP measure,excluding,as applicable,the effect of(i)stock-based compensation-related charges,including employer payroll tax-related items on employee stock transactions,(ii)amortization of acquired intangibles,(iii)expenses associated with acquisitions and strategic inves
6、tments,(iv)amortization of debt issuance costs,(v)restructuring charges,(vi)asset impairment related to office facility exit,(vii)adjustments attributable to noncontrolling interest,and(viii)the related income tax effect of these adjustments as well as the non-recurring income tax expense or benefit