earnings
confidence high
sentiment positive
materiality 0.80
Snowflake Q3 product revenue $1.16B (+29% YoY), RPO $7.88B (+37%)
Snowflake Inc.
2026-Q3 EPS reported
-$3.04
revenue$3,399,952,000
- Product revenue $1.158B (+29% YoY); total revenue $1.21B (+29% YoY).
- RPO $7.88B (+37% YoY); net revenue retention rate 125%.
- 688 customers with >$1M trailing 12-month product revenue (+29%); 766 Forbes Global 2000 customers.
- GAAP operating loss ($329.5M); non-GAAP operating income $131.3M (11% margin); adj. free cash flow $136.4M.
- CEO: Snowflake Intelligence saw fastest adoption ramp in company history, driving AI capabilities.