Snowflake hits $6B revenue with 37% growth and 126% NRR

Snowflake hits $6B revenue with 37% growth and 126% NRR

4h ago
SaaStr ARMARM Gtm_strategy New

The Gist

  • Snowflake reports $1.49B product revenue, up 37% YoY
  • Sequential revenue adds doubled to $158M in Q2 FY27
  • AI products drive half of growth acceleration
  • 126% NRR highlights strong customer retention

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Snowflake's ARM maturity shows how AI-driven consumption models can fuel enterprise growth at scale.

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