SNOW
SnowflakeCloud data platform that feeds enterprise AI models.
Next earnings: Snowflake has not announced its next earnings date. Its last earnings release was filed with the SEC on September 2, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead. Last earnings release on EDGAR
01What does it supply?
Products, customers, and where it sits in the AI stack.
What the company does
Cloud data warehousing and data-sharing platform.
Its role in AI
Positions itself as the data layer for enterprise AI, with model hosting and AI features on top.
02How much does AI matter to its business?
Partial. One line of business, or an indirect beneficiary.
Why SNOW is rated partial
Partial. Snowflake does not report AI revenue separately; product revenue of $1.49 billion (up 37%) comes from data warehousing and sharing, with AI features (CoCo in 9,100+ accounts, Cortex) layered on top. AI is a reason customers consume more of the platform, not a separately measurable line, so the rating stays partial until the company reports one.
Reported figures come from the company's own filings and releases. Estimates are third-party or editorial and are kept separate. The exposure label is an editorial judgment.
Reported by the company
- Product revenue $1,491.9 million, up 37% year over year; total revenue $1,546.8 million, up 35%; net revenue retention rate 126%.Source · Q2 FY2027, quarter ended July 31, 2026
- Remaining performance obligations $9.00 billion, up 30% year over year; 828 customers with trailing 12-month product revenue over $1 million, up 27%.Source · Q2 FY2027, quarter ended July 31, 2026
- Does not report AI revenue separately. AI product adoption metrics: CoCo used by 9,100+ accounts (2,000+ added in the quarter) and CoWork by 5,800 accounts; Cortex Sense and Cortex AI Gateway launched.Source · Q2 FY2027, quarter ended July 31, 2026
- Guidance: Q3 FY2027 product revenue $1,588-$1,593 million (37%-38% growth); full-year FY2027 product revenue raised to $6,070 million (36% growth) from $5,840 million.Source · Guidance issued September 2, 2026
Estimates
No third-party or editorial estimates are listed for SNOW. Only company-reported figures are shown at present.
Key financial metrics, by reporting period
Company-reported, via TradingView03What should visitors watch next?
Earnings, product launches, customer spending, and the risks that matter.
Watch list
- Q3 FY2027 product revenue versus the guided $1,588-$1,593 million source
- Continued growth in CoCo and CoWork account adoption (9,100+ and 5,800 accounts at Q2) and uptake of the newly launched Cortex Sense and Cortex AI Gateway source
- Whether net revenue retention holds near 126% and RPO keeps growing around 30% source
Growth drivers
- CEO Sridhar Ramaswamy: 'AI continues to compound our advantages, creating a flywheel effect across the business' source
- Accelerated product velocity: 330+ product capabilities launched in the first half of FY2027, up 35% year over year, alongside 692 net new customers added in the quarter source
- 10-K: Snowflake Intelligence enables customers to create data agents, Snowflake Postgres consolidates application and analytical data, and network effects grow as more customers exchange data on the platform source
Risks
- If Snowflake is not successful in executing an effective AI strategy, including its reliance on third-party AI vendors, its business and results could be harmed source
- A substantial majority of the business runs on AWS and other public clouds, whose providers could embed competing products, change pricing or exclude Snowflake from opportunities source
- Because customers have flexibility in the timing of consumption, Snowflake lacks visibility into revenue timing, making results more volatile than subscription models source
The company's own risk factors: 10-K filed 2026-03-20, Item 1A.
Recent developments: SEC filings
Source: SEC EDGAR · refreshed every 15 min- 8-KCurrent report · items 1.01,2.03,3.02,8.01,9.012026-10-02documentfolder
- 10-QQuarterly report2026-09-04documentfolder
- 8-KEarnings release · items 2.02,9.012026-09-02documentfolder
- 8-KCurrent report · items 5.022026-07-16documentfolder
- 8-KCurrent report · items 5.072026-06-30documentfolder
- 10-QQuarterly report2026-05-29documentfolder
- 8-KEarnings release · items 2.02,9.012026-05-27documentfolder
- DEF 14AProxy statement2026-05-18documentfolder
- 8-KCurrent report · items 7.01,9.012026-03-31documentfolder
- S-8Employee stock plan registration2026-03-20documentfolder
- 10-KAnnual report2026-03-20documentfolder
- 8-KEarnings release · items 2.02,9.012026-02-25documentfolder
Insider trades
Form 4, last 6 filings| Insider | Transaction | Shares | Avg price | Filed |
|---|---|---|---|---|
Dageville Benoit Director | Gift · disposed | 16,668 | — | 2026-10-23 |
Dageville Benoit Director | Open-market sale · disposed | 50,000 | $321.74 | 2026-10-23 |
Slootman Frank Director | Option exercise · acquired | 300,000 | $8.88 | 2026-10-21 |
Slootman Frank Director | Open-market sale · disposed | 300,000 | $316.43 | 2026-10-21 |
Dageville Benoit Director | Open-market sale · disposed | 50,000 | $333.42 | 2026-10-08 |
Dageville Benoit Director | Gift · disposed | 16,668 | — | 2026-10-08 |
Speiser Michael L Director | Open-market sale · disposed | 50,741 | $344.00 | 2026-10-02 |
Kleinerman Christian EVP, Product Management | Open-market sale · disposed | 15,000 | $341.57 | 2026-10-02 |
Dageville Benoit Director | Gift · disposed | 16,668 | — | 2026-09-24 |
Dageville Benoit Director | Open-market sale · disposed | 50,000 | $339.08 | 2026-09-24 |
News
SNOW in plain answers
The questions readers ask about Snowflake, answered from the company's own filings and this site's research. Each answer names its source.
What does Snowflake (SNOW) supply to AI?+
Cloud data warehousing and data-sharing platform. Positions itself as the data layer for enterprise AI, with model hosting and AI features on top.
How much does AI matter to Snowflake's business?+
AI exposure is rated partial on this site: One line of business, or an indirect beneficiary. Reported by the company: Product revenue $1,491.9 million, up 37% year over year; total revenue $1,546.8 million, up 35%; net revenue retention rate 126%. Remaining performance obligations $9.00 billion, up 30% year over year; 828 customers with trailing 12-month product revenue over $1 million, up 27%.
Company filing or releaseWhen is Snowflake's next earnings date?+
Snowflake has not announced its next earnings date. Its last earnings release was filed with the SEC on September 2, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead.
Last earnings release on EDGARAre Snowflake insiders buying or selling SNOW stock?+
In the latest Form 4 filings for SNOW there are 6 open-market sales, 4 other transactions (grants, option exercises, tax withholding); the most recent was filed on October 23, 2026 by Dageville Benoit. Every transaction links to the filing on SEC EDGAR below.
Most recent Form 4What should investors watch for SNOW?+
Q3 FY2027 product revenue versus the guided $1,588-$1,593 million Continued growth in CoCo and CoWork account adoption (9,100+ and 5,800 accounts at Q2) and uptake of the newly launched Cortex Sense and Cortex AI Gateway Whether net revenue retention holds near 126% and RPO keeps growing around 30%
SourceWhat are the main risks for Snowflake?+
If Snowflake is not successful in executing an effective AI strategy, including its reliance on third-party AI vendors, its business and results could be harmed A substantial majority of the business runs on AWS and other public clouds, whose providers could embed competing products, change pricing or exclude Snowflake from opportunities Because customers have flexibility in the timing of consumption, Snowflake lacks visibility into revenue timing, making results more volatile than subscription models
10-K filed 2026-03-20, Item 1AWhich AI category is SNOW in?+
Snowflake is listed under Software. Cloud data platform that feeds enterprise AI models.
Related companies in Software
Compare all →Original sources
- Investor relations — earnings dates, releases, presentations
- SEC EDGAR company page — every filing (CIK 0001640147)
- Latest annual report (10-K) — filed 2026-03-20
- TradingView symbol page — full chart and data