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Oct 31, 2024
Snowflake Q3 2025 Earnings Report
Snowflake's Q3 2025 results were announced, featuring strong product revenue growth and a high net revenue retention rate.
Key Takeaways
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%.
Product revenue grew 29% year-over-year, reaching $900.3 million.
Net revenue retention rate was 127%.
Remaining performance obligations increased by 55% year-over-year to $5.7 billion.
The company has 542 customers with trailing 12-month product revenue greater than $1 million.
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 fourth quarter of fiscal 2025:
Revenue & Expenses
Visualization of income flow from segment revenue to net income