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Snowflake Q2 FY2027 · Story

Read the quarter card by card, ready to share.

SNOWQ2 FY20271/5

Estimate vs Actual

Earnings per Share

Estimate
$0.46
Actual
$0.62

+36.2% vs Estimate

Revenue

Estimate
$1.51 B
Actual
$1.55 B

+2.3% vs Estimate

SNOWQ2 FY20272/5

Guidance

Product Revenue (Q3)

Company Guidance
1.588 – 1.593 billion

Strong Growth · 37.5% YoY ▲

Product Revenue (Full Year)

Company Guidance
6.07 billion

Raised 3.9% ▲

Operating Margin (Non-GAAP, FY)

Company Guidance
14.5%

Raised 1.0 pt ▲

SNOWQ2 FY20274/5

In 30 Seconds

Product revenue grew 37% year over year to $1.49B; total revenue beat estimates by 4.4% and adjusted EPS by 38.7%.

  • The company raised its full-year product revenue target from $5.84B to $6.07B.
  • The stock jumped about 23% after hours on the raised guidance.

First point of the analysis's “In 30 Seconds”.

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