Snowflake Inc. is a cloud-based data warehousing company that provides a platform allowing businesses to store and analyze large amounts of data. By leveraging the power of the cloud, Snowflake enables organizations to access, manage, and derive insights from their data in real-time, facilitating data collaboration across multiple departments. Its innovative architecture allows for seamless scaling, enhanced security, and a user-friendly interface, making it an attractive solution for enterprises looking to harness the power of their data for better decision-making and operational efficiencies. Snowflake supports diverse data workloads and integrates easily with various data tools and applications, positioning itself as a leader in the data analytics space. Read More
Cloud data platform provider Snowflake (NYSE:SNOW) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 31.8% year on year to $1.14 billion. Its non-GAAP profit of $0.38 per share was 42.6% above analysts’ consensus estimates.
Snowflake (SNOW) Q2 FY2026 earnings crush estimates with 32% revenue growth and a 42.6% EPS beat. The stock surged 12.5% on the strong results and solid guidance.
Snowflake Inc (NYSE:SNOW) reported financial results for the second quarter Wednesday after the close. Here's a look at the key details from the quarter.
Shares of cloud data platform provider Snowflake (NYSE:SNOW) jumped 3.5% in the morning session after investors showed optimism ahead of its second-quarter earnings report, scheduled for release after today's market close. The pre-earnings rally may be influenced by strong results from competitor MongoDB, which saw its own stock surge after a blowout report. Analysts are forecasting significant growth for Snowflake, with Wall Street expecting earnings of $0.27 per share, up from $0.18 in the year-ago period. Revenue is projected to climb 25% year-over-year to $1.09 billion. This optimism is supported by the company's history of beating earnings per share estimates in the last four consecutive quarters, and several analysts have recently reiterated positive ratings on the stock.
Shares of Snowflake are trading higher Wednesday. Investors await the cloud data company's Q2 earnings report, scheduled for release after the market close.
