secwatch.observer — SEC 8-K summary
======================================

Issuer:     Snowflake Inc. (SNOW)
CIK:        0001640147
Form:       8-K
Filed at:   2026-05-27T20:07:20+00:00
Accession:  0001640147-26-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snowflake Q1 product revenue $1.33B (+34% YoY); raises FY guidance, acquires Natoma
--------------------------------------------------------------------------------

- Product revenue $1.33B (+34% YoY); total revenue $1.39B (+33%). Net revenue retention 126%.
- 779 customers with >$1M trailing 12-month product revenue (+29% YoY). RPO $9.21B (+38%).
- Raised full-year product revenue guidance citing AI acceleration. Strongest sequential dollar growth in history.
- Signed definitive agreement to acquire Natoma (enterprise MCP platform for AI agents) and expanded AWS partnership with $6B multi-year agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640147/000164014726000027/0001640147-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640147/000164014726000027/snow-20260527.htm
  HTML page:      https://secwatch.observer/filing/0001640147-26-000027

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