Alerts for SNOW
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.
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.
Next earnings
No announced date on file. Check the investor relations page.
Last earnings release: 2026-09-02 (8-K)
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- 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
- 8-KCurrent report · items 5.022026-02-02documentfolder
Insider trades
Form 4, last 6 filings| Insider | Transaction | Shares | Avg price | Filed |
|---|---|---|---|---|
Dageville Benoit Director | Gift · disposed | 100,000 | — | 2026-09-16 |
Dageville Benoit Director | Tax withholding · disposed | 2,037 | $332.35 | 2026-09-16 |
Beaulier Jonathan Mead Chief Revenue Officer | Tax withholding · disposed | 7,877 | $332.35 | 2026-09-16 |
Beaulier Jonathan Mead Chief Revenue Officer | Open-market sale · disposed | 12,292 | $336.12 | 2026-09-16 |
Ramaswamy Sridhar Director, Chief Executive Officer | Tax withholding · disposed | 5,710 | $332.35 | 2026-09-16 |
Ho Emily Chief Accounting Officer | Tax withholding · disposed | 376 | $332.35 | 2026-09-16 |
Ho Emily Chief Accounting Officer | Open-market sale · disposed | 768 | $332.93 | 2026-09-16 |
Kleinerman Christian EVP, Product Management | Tax withholding · disposed | 4,366 | $332.35 | 2026-09-16 |
Kleinerman Christian EVP, Product Management | Open-market sale · disposed | 2,986 | $318.51 | 2026-09-16 |
ROBINS BRIAN G Chief Financial Officer | Tax withholding · disposed | 431 | $332.35 | 2026-09-16 |
News
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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
Research note — Fiscal year ends January 31 (FY2027 ends Jan 31, 2027). No Q3 FY2027 earnings date announcement found on investors.snowflake.com or snowflake.com as of 2026-09-17. Fiscal 2026 10-K states total revenue $4.7 billion (29% growth) and net loss $1.3 billion.