Snowflake's revenues are on track to expand at an annual rate of over 140% between FY'19 and FY'21 (fiscal years end January) as demand for its cloud-based product has soared. FY'21 revenues are expected to stand at roughly $580 million, per consensus estimates, when the company reports its results during the first week of March. In comparison, Teradata has seen revenues decline from around $2.2 billion in 2018 to about $1.8 billion in 2020, as its on-premise warehousing model faced competition from Cloud-based players. However, Teradata is profitable, with its adjusted operating margins standing at about 13% last year. While these aren't great margins for a technology company, they are still better than Snowflake, which remains deeply loss-making. Trefis