Snowflake Q2 FY27 product revenue rises 37% to $1.49B
Snowflake reported Q2 FY27 product revenue up 37% year-over-year to $1.49B and 126% net revenue retention. 828 customers generated over $1M in trailing 12-month product revenue. FY27 targets $6.07B product revenue and a 74% non-GAAP product gross margin.
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08:14:02 PM UTC
SquawkNews
Snowflake reported results for the second quarter of fiscal 2027, with product revenue of $1.49 billion (up 37% year-over-year) and total revenue of $1.55 billion (up 35% year-over-year). The company reported a GAAP operating loss of $263.0 million and non-GAAP operating income of $237.0 million, w…
Snowflake reported results for the second quarter of fiscal 2027, with product revenue of $1.49 billion (up 37% year-over-year) and total revenue of $1.55 billion (up 35% year-over-year).
The company reported a GAAP operating loss of $263.0 million and non-GAAP operating income of $237.0 million, w…