Snowflake Inc. (NYSE:SNOW) Q1 2025 Earnings Call Transcript May 22, 2024 5:00 PM ET

Company Participants

Jimmy Sexton - Head of IR
Sridhar Ramaswamy - CEO
Mike Scarpelli - CFO
Christian Kleinerman - EVP of Product

Conference Call Participants

Keith Weiss - Morgan Stanley
Mark Murphy - JPMorgan
Kirk Materne - Evercore
Karl Keirstead - UBS
Raimo Lenschow - Barclays
Brent Thill - Jefferies
Matt Hedberg - RBC
Brent Bracelin - Piper Sandler
Tyler Radke - Citi
Alex Zukin - Wolfe Research

Operator

Hello, everyone. Thank you for attending today's Q1 Fiscal Year 2025 Snowflake Earnings Call. My name is Sierra, and I will be your moderator today. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions] I would now like to pass the conference over to our host, Jimmy Sexton, Head of Investor Relations.

Jimmy Sexton

Good afternoon, and thanks for joining us on Snowflake's Q1 fiscal 2025 earnings call. Joining me on the call today is Sridhar Ramaswamy, our Chief Executive Officer; Mike Scarpelli, our Chief Financial Officer; and Christian Kleinerman, our Executive Vice President of Product, who will participate in the Q&A session.

During today's call, we will review our financial results for the first quarter fiscal 2025 and discuss our guidance for the second quarter and full-year fiscal 2025. During today's call, we will make forward-looking statements including statements related to our business operations and financial performance. These statements are subject to risks and uncertainties which could cause them to differ from actual results. Information concerning these risks and uncertainties is available in our earnings press release, our most recent forms 10-K and 10-Q, and our other SEC reports. All our statements are made as of today based on information currently available to us. Except as required by law, we assume no obligation to update any such statements.

During today's call, we will also discuss certain non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in today's earnings press release. The earnings press release and an accompanying investor presentation are available on our website at investors.snowflake.com. A replay of today's call will also be posted on the website.

With that, I would now like to turn the call over to Sridhar.

Sridhar Ramaswamy

Thanks, Jimmy, and good afternoon everyone. Before we get into it, many of you have given me a warm welcome to my new role over the past few months and I just wanted to say thank you. I've been focused on three key priorities in my first quarter as CEO. Listening to and learning from our customers, driving execution and alignment within our go-to-market teams, and fueling our innovation and product delivery. I have been really impressed by how the team has responded and by our overall pace of play. We have a lot of opportunity ahead of us, and there's a lot of excitement across our company to go and get it.