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Snowflake Inc.
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Snowflake Inc.

Snowflake Announces Fourth Quarter and Full-Year 2025 Financial Results

| 8-K |Technology

Summary

Snowflake Inc. reported a strong financial performance for the fourth quarter and full-year 2025, with a 27% year-over-year revenue growth to $986.8 million. The company achieved a net revenue retention rate of 126% and saw an increase in the number of customers with trailing 12-month product revenue greater than $1 million by 27%. The remaining performance obligations grew by 33% year-over-year to $6.9 billion. Snowflake also provided forward-looking guidance for the first quarter and full-year of fiscal 2026, projecting continued growth in product revenue and operating income.

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General Statement Exhibits Furnished

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About Snowflake Inc.

Snowflake Inc. is a cloud-based data-warehousing company that provides businesses with a robust platform for storing, processing, and analyzing large volumes of data with ease and efficiency. With its unique architecture, Snowflake allows organizations to seamlessly connect and manage data across diverse cloud services and platforms, facilitating advanced analytics, machine learning, and data-driven decision-making. Its primary function is to offer businesses a secure and scalable solution for handling complex data workflows, eliminating the need for dedicated hardware, and enabling rapid insights. Snowflake caters heavily to industries like financial services, healthcare, and retail, where real-time data processing and reliable data storage are critical. The company's role in the market is significant as it empowers businesses to leverage big data capabilities without the traditional constraints of infrastructure maintenance or server management. Established in 2012 and headquartered in Bozeman, Montana, Snowflake continues to expand its influence by constantly innovating in the cloud data ecosystem.

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