Snowflake Q2 product revenue $1.09B (+32% YoY); non-GAAP operating income $127.6M

Snowflake Inc.

2026-Q2 EPS reported -$2.18 revenue$2,187,043,000

Product revenue $1.09B (+32% YoY); net revenue retention rate 125%.
654 customers with >$1M trailing product revenue (+30% YoY); 751 Forbes Global 2000 customers (+5%).
Remaining performance obligations $6.9B, up 33% YoY.
GAAP operating loss ($340.3M); non-GAAP operating income $127.6M (11% margin).
Free cash flow $58.2M; adjusted free cash flow $67.8M.

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