secwatch.observer — SEC 8-K summary
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Issuer:     Snowflake Inc. (SNOW)
CIK:        0001640147
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0001640147-25-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snowflake Q1 product revenue $997M (+26% YoY); RPO $6.7B (+34%)
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- Product revenue $996.8M, up 26% YoY; net revenue retention rate 124%.
- Remaining performance obligations $6.7B (+34% YoY); 606 customers with >$1M trailing product revenue.
- GAAP operating loss $447.3M; non-GAAP operating income $91.7M (9% margin).
- Free cash flow $183.4M; adjusted free cash flow $206.3M (20% margin).
- CEO Sridhar Ramaswamy cited strong demand and opportunity in data and AI.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640147/000164014725000094/0001640147-25-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640147/000164014725000094/snow-20250521.htm
  HTML page:      https://secwatch.observer/filing/0001640147-25-000094

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