secwatch.observer — SEC 8-K summary
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Issuer:     Snowflake Inc. (SNOW)
CIK:        0001640147
Form:       8-K
Filed at:   2022-08-24T23:59:59+00:00
Accession:  0001640147-22-000078
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snowflake Q2 product revenue $466.3M (+83% YoY), RPO $2.7B, 171% NRR
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- Product revenue $466.3M (+83% YoY); total revenue $497.2M (+83% YoY).
- Remaining performance obligations $2.7B (+78% YoY); net revenue retention 171%.
- 6,808 total customers; 246 customers with >$1M trailing product revenue.
- Non-GAAP product gross margin 75%; non-GAAP operating income $17.5M vs GAAP loss ($207.7M).
- Free cash flow $53.8M (11% margin); adjusted free cash flow $58.6M (12% margin).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640147/000164014722000078/0001640147-22-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640147/000164014722000078/snow-20220824.htm
  HTML page:      https://secwatch.observer/filing/0001640147-22-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer