Snowflake Inc

SNOW

Equity

ISIN null / Valor 56799254

New York Stock Exchange, Inc (2025-11-21)

USD 234.03-4.34%

Snowflake Inc
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About company

Snowflake Inc. is a prominent player in the cloud computing and data warehousing sector, offering a comprehensive cloud-based platform that enables data storage, processing, and analytics solutions to a diverse range of customers globally. As of October 2023, the company boasts a significant workforce of over 6,780 employees spread across more than 40 offices worldwide, underscoring its expansive operational footprint. Snowflake's innovative approach to data management includes the Snowflake Marketplace, which facilitates the exchange of data, data services, and applications among users. This marketplace counts each live dataset, package of datasets, or data service published by a data provider as a unique listing, available in multiple regions. The company's emphasis on facilitating access to data and analytics tools reflects its commitment to enabling businesses to leverage data-driven insights for strategic decision-making. Snowflake's business model and offerings cater to a wide array of industries, demonstrating its role as a key enabler of data-driven transformation in the digital age.

Summarized from source with an LLMView SourceSector: Technology

Product Revenue Growth

Snowflake Inc achieved product revenue of $900.3 million in Q3 FY25, marking a 29% increase compared to the same quarter last year.

Net Revenue Retention

The company maintained a net revenue retention rate of 127%, indicating effective customer retention and expansion within its existing client base.

Customer Expansion

Snowflake's customer base grew to 542 customers with trailing 12-month product revenue exceeding $1 million, up by 25% year-over-year. Additionally, the number of Forbes Global 2000 customers increased to 754, reflecting an 8% year-over-year growth.

Remaining Performance Obligations

The company's remaining performance obligations reached $5.7 billion, representing a 55% increase year-over-year, showcasing substantial future revenue potential.

Summarized from source with an LLMView Source

Key figures

36.6%1Y

65.8%3Y

-12.0%5Y

Performance

55.8%1Y

54.4%3Y

60.0%5Y

Volatility