SNOW · Snowflake Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY27 earnings call · Sep 2, 2026TL;DR. Snowflake posted Q2 product revenue of $1.49B (up 37% YoY), its third straight quarter of accelerating growth and 400+ bps of non-GAAP operating margin expansion to 15%, and raised full-year FY27 product revenue guidance to 36% YoY growth and non-GAAP operating margin guidance from 13.5% to 14.5%.
- + Q2 product revenue accelerated to 37% YoY growth, marking a third consecutive quarter of acceleration
- + Non-GAAP operating margin expanded over 400 bps YoY to 15% in Q2
- + Raised full-year FY27 product revenue guidance to $6.07B, representing 36% YoY growth (up from $5.84B / 31%)
- + Raised full-year FY27 non-GAAP operating margin guidance from 13.5% to 14.5%
- − Lowered FY27 non-GAAP product gross margin guidance to 74%, reflecting lower-margin AI workload mix
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Mentioned in fund letters
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted free cash flow non-GAAP | 92.3M | Q2 FY2027 | — |
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GAAP → non-GAAP reconciliationGAAP Non-GAAP free cash flow 83.8M
+8.5M Net cash paid on payroll tax-related items on employee stock transactions
= Non-GAAP adjusted free cash flow 92.3M
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| Adjusted free cash flow margin non-GAAP | 6% | Q2 FY2027 | +0.0% |
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| CoWork accounts | 5,800 | Q2 FY2027 | — |
| Customers with trailing 12-month product revenue greater than $1 million | 828 | Q2 FY2027 | — |
| Forbes Global 2000 customers | 829 | Q2 FY2027 | — |
| Free cash flow non-GAAP | 83.8M | Q2 FY2027 | — |
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GAAP → non-GAAP reconciliationGAAP GAAP net cash provided by operating activities 91.36M
-7.55M Purchases of property and equipment
= Non-GAAP free cash flow 83.8M
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| Free cash flow margin non-GAAP | 5.4% | Q2 FY2027 | +8.0% |
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| Net new customers | 692 | Q2 FY2027 | — |
| Net new Forbes Global 2000 customers | 14 | Q2 FY2027 | — |
| Net revenue retention rate | 126% | Q2 FY2027 | — |
| Non-GAAP gross margin non-GAAP | 72% | Six Months Ended July 31, 2026 | — |
| Non-GAAP operating margin non-GAAP | 15.3% | Q2 FY2027 | +2.0% |
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| Non-GAAP product gross margin non-GAAP | 74.7% | Q2 FY2027 | — |
| Remaining performance obligations | 9B | Q2 FY2027 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Application — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SNOW
this stock
Snowflake Inc.
|
$116.07B | +51.5% | +29.2% | — | 5.1% |
|
SAP
Sap SE
|
$238.18B | -10.1% | — | — | 0.4% |
|
CRM
Salesforce, Inc.
|
$213.04B | -2.1% | +25.9% | 23.6 | 3.5% |
|
SHOP
Shopify Inc.
|
$165.71B | -16.8% | +30.1% | 86.4 | 1.4% |
|
UBER
Uber Technologies, Inc
|
$146.39B | -11.1% | +18.3% | 15.3 | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SNOW | -1.4% | +1.0% | +90.8% | +0.3% | +51.5% |
| SPY | -1.2% | -2.0% | +16.1% | -0.8% | +11.6% |
| vs SPY | -0.2% | +3.0% | +74.7% | +1.1% | +39.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.