---
schema_version: "secwatch.filing_event.v1"
accession: "0001640147-24-000203"
form_type: "8-K"
ticker: "SNOW"
cik: "0001640147"
company_name: "Snowflake Inc."
filed_at: "2024-08-21T23:59:59+00:00"
generated_at: "2026-05-31T08:15:35.328443+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001640147-24-000203
- form_type: 8-K
- ticker: SNOW
- cik: 0001640147
- company_name: Snowflake Inc.
- filed_at: 2024-08-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640147/000164014724000203/0001640147-24-000203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640147/000164014724000203/snow-20240821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640147-24-000203
- JSON: https://secwatch.observer/filing/0001640147-24-000203.json
- Plain text: https://secwatch.observer/filing/0001640147-24-000203.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.