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Snowflake Q2 product revenue rises 37% YoY; FY27 guidance lifted

Snowflake reported Q2 FY27 product revenue growth of 37% year-over-year, citing rapid AI product adoption and strong customer expansion. FY27 product revenue guidance was raised to $6.07 billion, with continued margin expansion and robust regional demand.

SNOW

Q2 FY27 saw 37% year-over-year product revenue growth, driven by rapid AI product adoption and strong customer expansion.

Guidance for FY27 product revenue was raised to $6.07 billion, with continued margin expansion and robust demand across all regions.Based on Snowflake Inc. [SNOW] Q2 2027 Audio…