earnings
confidence high
sentiment positive
materiality 0.70
Snowflake Q2 product rev $254.6M (+103% YoY); RPO $1.5B (+122%)
Snowflake Inc.
2022-Q2 EPS reported
-$1.33
revenue$501,112,000
- Product revenue $254.6M, up 103% YoY; total revenue $272.2M, up 104%.
- Remaining performance obligations $1.5B, up 122% YoY.
- Net revenue retention rate 169%; 116 customers with >$1M TTM product revenue.
- GAAP operating loss ($200.1M); non-GAAP operating loss ($21.9M).
- Adjusted free cash flow positive $2.8M for third consecutive quarter.