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Jul 31, 2024
Snowflake Q2 2025 Earnings Report
Snowflake's Q2 2025 financial results were reported, demonstrating year-over-year growth in revenue and product revenue.
Key Takeaways
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.
Total revenue was $868.8 million, up 29% year-over-year.
Product revenue reached $829.3 million, reflecting a 30% year-over-year increase.
Net revenue retention rate was 127%.
Remaining performance obligations (RPO) amounted to $5.2 billion, a 48% year-over-year growth.
Snowflake
Snowflake
Snowflake Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
The following table summarizes our guidance for the third quarter of fiscal 2025:
Positive Outlook
- Product revenue $850 - $855 million
Challenges Ahead
- Operating income 3%
Revenue & Expenses
Visualization of income flow from segment revenue to net income