Snowflake's Product segment will make 94% of $2.8 Bil in total revenues for the company over FY2024 and remains key to its revenue growth over the coming years

• Product segment expected to be the single-biggest revenue driver with $2.7 Bil in revenues (94% of Total Revenues) over FY2024
• Product segment will also be the fastest-growing segment - growing  78% over FY2023-25 to add $1.5 Bil to the top line over this period (95% of $1.6 Bil in incremental revenues)

Snowflake's Business Model

Snowflake's Revenues have seen a dramatic increase of 248.8% from around $592 Mil in FY2021 to $2.1 Bil in FY2023 

We expect it to increase to $2.8 Bil in FY2024

Revenue growth of about $1.5 Bil over 2021-2023 

A.) Product has increased from $554 Mil in FY2021 to $1.9 Bil in FY2023

We expect it to grow 37% to $2.7 Bil in FY2024

B.) Professional Services And Other has increased from $38 Mil in FY2021 to $127 Mil in FY2023

We expect it to grow 26% to $160 Mil in FY2024

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