Snowflake Q2 FY27 product revenue $1.49B (+37% YoY); raises FY guidance to 36%

Snowflake Inc.

Product revenue $1.49B (+37% YoY); total revenue $1.55B (+35% YoY); NRR 126%.
RPO $9.00B (+30% YoY); 828 customers >$1M product revenue (+27% YoY).
Added 692 net new customers incl. 14 Forbes Global 2000; CoCo >9,100 accounts.
Raises full-year product revenue growth guidance to 36% YoY (from prior).
Launched 330+ product capabilities in H1 FY27, up 35% YoY; AI wins at 1Password, Indeed.

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