Snowflake Q2 FY27 net loss narrows to $191.72 million; revenue rises 35% to $1.55 billion

Reuters2026/09/02 20:11

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Snowflake Q2 FY2027 revenue rose 35% year over year to USD 1.55 billion; product revenue climbed 37% to USD 1.49 billion.
GAAP net loss narrowed to USD 191.72 million; GAAP net loss per share improved to USD 0.55.
Net revenue retention rate was 126%; remaining performance obligations increased 30% to USD 9 billion.
Customer base expanded with 692 net new customers; 828 customers generated over USD 1 million in trailing-12-month product revenue, up 27%.
Forecast calls for Q3 product revenue of USD 1.59 billion; full-year product revenue outlook lifted to USD 6.07 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Snowflake Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001640147-26-000033), on September 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Snowflake Q2 FY27 net loss narrows to $191.72 million; revenue rises 35% to $1.55 billion

You may also like

Crypto prices