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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
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