Snowflake Q4 product rev $1.23B (+30% YoY); RPO $9.77B (+42%); 740 net new customers

Snowflake Inc.

2026-FY EPS reported -$3.95 revenue$4,683,946,000

Product revenue of $1.23B in Q4, up 30% YoY; net revenue retention rate of 125%.
Remaining performance obligations of $9.77B, up 42% YoY; 733 customers with >$1M trailing 12-month product revenue (+27% YoY).
Added 740 net new customers in Q4, up 40% YoY; record number of customers exceeding $10M in trailing 12-month spend.
Over 9,100 accounts using Snowflake AI features; Snowflake Intelligence adopted by ~2,500 accounts in 3 months.
Acquired Observe for IT ops market entry and TensorStax for AI data engineering.

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