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.