Snowflake Q2 product revenue $829M (+30% YoY), raises FY guidance, authorizes $2.5B buyback

Snowflake Inc.

2025-Q2 EPS reported -$1.90 revenue$1,697,532,000

Product revenue $829.3M (+30% YoY); total revenue $868.8M (+29% YoY).
Remaining performance obligations $5.2B (+48% YoY); 510 customers with >$1M product revenue.
GAAP operating loss ($355.3M) (-41% margin); non-GAAP operating income $43.7M (5% margin).
Free cash flow $58.8M; adjusted free cash flow $66.0M.
Board authorized additional $2.5B stock repurchase through March 2027; raised full-year product revenue guidance.

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