Snowflake Earnings Reports

Snowflake delivered a strong first quarter for fiscal year 2026, with total revenue exceeding $1 billion and product revenue showing significant year-over-year growth. The company also demonstrated strong remaining performance obligations and continued to expand its customer base, particularly among large enterprises.

Snowflake delivered solid financial results in Q4 FY25, with revenue reaching $986.8 million, reflecting a 27% year-over-year increase. Product revenue stood at $943.3 million, growing 28% YoY. Despite a GAAP operating loss of $386.7 million, the company achieved a non-GAAP operating income of $92.8 million. Free cash flow was strong at $415.4 million, highlighting Snowflake’s ability to generate significant cash from operations.

Snowflake reported a strong third quarter with product revenue reaching $900.3 million, a 29% year-over-year increase. The remaining performance obligations grew by 55% year-over-year to $5.7 billion, and the net revenue retention rate was 127%.

Snowflake reported a strong second quarter in fiscal year 2025, with revenue reaching $868.8 million, a 29% increase year-over-year. Product revenue grew by 30% to $829.3 million. The company is raising its product revenue guidance for the year.

Snowflake reported a 33% year-over-year increase in total revenue, reaching $828.7 million. Product revenue grew by 34% year-over-year to $789.6 million. The company's remaining performance obligations (RPO) reached $5.0 billion, a 46% year-over-year increase.

Snowflake reported a 32% year-over-year increase in total revenue, reaching $774.7 million for Q4 2024. Product revenue grew by 33% year-over-year to $738.1 million. The company's customer base expanded, with 461 customers generating over $1 million in trailing 12-month product revenue.

Snowflake reported a 32% year-over-year increase in total revenue, reaching $734.2 million. Product revenue grew by 34% year-over-year to $698.5 million. The company's net revenue retention rate remained strong at 135%.

Snowflake reported strong second-quarter results with revenue reaching $674.0 million, a 36% year-over-year increase. Product revenue was a key driver, growing 37% to $640.2 million. The company's net revenue retention rate remained high at 142%, and it continues to expand its customer base, with 402 customers generating over $1 million in trailing 12-month product revenue.

Snowflake reported strong first-quarter results, with total revenue reaching $623.6 million, a 48% increase year-over-year. Product revenue grew by 50% to $590.1 million. The company's net revenue retention rate remained high at 151%, and it increased its customer base with trailing 12-month product revenue greater than $1 million to 373.

Snowflake reported a total revenue of $589.0 million, representing a 53% year-over-year growth. Product revenue was $555.3 million, a 54% increase year-over-year. The company's remaining performance obligations (RPO) reached $3.7 billion, up 38% year-over-year, and the net revenue retention rate stood at 158%.

Snowflake reported a strong third quarter in fiscal year 2023, with revenue reaching $557.0 million, representing a 67% year-over-year growth. Product revenue also grew by 67% year-over-year, reaching $522.8 million. The company's remaining performance obligations (RPO) reached $3.0 billion, a 66% year-over-year increase, and the net revenue retention rate was 165%.

Snowflake reported strong financial results for the second quarter of fiscal 2023. Product revenue grew 83% year-over-year to $466.3 million, and total revenue reached $497.2 million, also representing 83% year-over-year growth. The company's remaining performance obligations were $2.7 billion, a 78% year-over-year increase, and the net revenue retention rate was 171%.

Snowflake reported a strong first quarter in fiscal year 2023, with revenue reaching $422.4 million, representing an 85% year-over-year growth. Product revenue also saw substantial growth at 84%, totaling $394.4 million. The company's net revenue retention rate stood at 174%, with remaining performance obligations at $2.6 billion, indicating continued customer commitment and expansion.

Snowflake reported a strong fourth quarter and full year for fiscal 2022. Q4 revenue reached $383.8 million, representing 101% year-over-year growth, while product revenue grew by 102% to $359.6 million. The company's remaining performance obligations increased by 99% year-over-year, and the net revenue retention rate stood at 178%.

Snowflake reported strong third-quarter results, with revenue reaching $334.4 million, representing a 110% year-over-year increase. Product revenue grew by 110% year-over-year to $312.5 million. The company's remaining performance obligations (RPO) reached $1.8 billion, a 94% year-over-year increase, and the net revenue retention rate was 173%.

Snowflake reported strong second-quarter results with a 104% year-over-year increase in total revenue, driven by a 103% increase in product revenue. The company's net revenue retention rate remained high at 169%, and it expanded its customer base to 4,990 total customers.

Snowflake announced strong Q1 results with triple-digit growth in product revenue, reflecting strength in customer consumption. Remaining performance obligations showed a robust increase year-on-year, indicating strength in sales across the board.

Snowflake reported a strong Q4 2021 with revenue of $190.5 million, representing a 117% year-over-year growth. Product revenue reached $178.3 million, a 116% increase year-over-year. The company's remaining performance obligations grew by 213% to $1.3 billion, and it now serves 4,139 total customers.

Snowflake reported a total revenue of $159.6 million, representing a 119% year-over-year growth. Product revenue was $148.5 million, a 115% increase year-over-year. The company's remaining performance obligations grew by 240% year-over-year, reaching $927.9 million, and the net revenue retention rate was 162%.