Snowflake reports Q4 product revenue up 30% YoY to $1.23B, above $1.18B est., and forecasts Q1 and FY 2027 product revenue above estimates
Snowflake (SNOW.N) forecast fiscal 2027 product revenue above Wall Street estimates on Wednesday, a sign that new clients are turning …
Reuters Jaspreet Singh
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Discussion
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@fiscal_ai
@fiscal_ai
on x
Snowflake just saw its largest jump in Remaining Performance Obligations ever. RPO: $9.8B, +42% YoY $SNOW [image]
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@thetranscript_
@thetranscript_
on x
Snowflake CEO: “...another strong quarter with product revenue of $1.23B, up 30% Y/Y, and remaining performance obligations totaling $9.77B, up 42% Y/Y,” $SNOW: -3% AH [image]
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@ramaswmysridhar
Sridhar
on x
Proud of the @Snowflake team. ❄️ Q4: 📈 $1.23B product revenue, +30% YoY 📊 $9.77B RPO, +42% growth 🔄 125% NRR 🤝+740 net new customers, +40% YoY AI's promise became real this year, and Snowflake remains at the center of the enterprise AI revolution. 430+ new capabilities [image]
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@buccocapital
@buccocapital
on x
Snowflake highlighting that companies are deleting software vendors and rebuilding workflows on top of their data in Snowflake Not sure they actually win this opportunity long-term, but interesting nonetheless [image]