AIMarketWatch1h ago
Snowflake reports Q2 revenue up 35% YoY
Snowflake reports Q2 revenue up 35% YoY to $1.55B, vs. $1.48B est., and forecasts Q3 and FY 2027 product revenue above estimates; SNOW jumps 20%+ after hours
TL;DRSnowflake beat earnings expectations and raised guidance, with AI demand driving 35% revenue growth.
Why it matters: Strong results signal sustained enterprise AI adoption and validate Snowflake's data platform positioning against competitors.
Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth
Read full articleSource: MarketWatch · Opens in new tab