Saastr iconSaastrSep 10, 2026

5 Interesting Learnings from Snowflake at $6 Billion in Revenue: 37% Growth and Accelerating, 126% NRR, and a Gross Margin Guided Down to Pay for AI

Product revenue was $1.49 billion, up 37% year over year, the third consecutive quarter of accelerating growth. The stock closed at $306 before the print and traded around $370 the next morning, within striking distance of the $401.89 all-time high it set...

5 Interesting Learnings from Snowflake at $6 Billion in Revenue: 37% Growth and Accelerating, 126% NRR, and a Gross Margin Guided Down to Pay for AI

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Product revenue was $1.49 billion, up 37% year over year, the third consecutive quarter of accelerating growth.

The stock closed at $306 before the print and traded around $370 the next morning, within striking distance of the $401.89 all-time high it set...

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Product revenue was $1.49 billion, up 37% year over year, the third consecutive quarter of accelerating growth. The stock closed at $306 before the print and traded around $370 the next morning, within striking distance of the $401.89 all-time high it set... Snowflake reported its fiscal Q2 2027 on September 2.

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Snowflake reported its fiscal Q2 2027 on September 2.

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