Education
About Us
Working with TipRanks
Follow Us
Snowflake, Inc. (DE:5Q5)
XETRA:5Q5
Earnings Data
Report Date
Aug 20, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
0.23Last Year’s EPS
0.16Same Quarter Last Year
Strong Buy
Based on 38 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 21, 2025
|% Change Since: 0.00%
|Next Earnings Date:Aug 20, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with strong revenue growth, major contract renewals, and successful product launches contributing to a robust performance. Despite some areas like net revenue retention not showing significant improvement, the overall operational efficiency and strategic partnerships in AI signal a healthy business trajectory.Company Guidance
During the Snowflake Inc. Q1 Fiscal Year 2026 earnings call, the company provided a robust financial outlook, highlighting key metrics and expectations for the upcoming quarters. Snowflake reported Q1 product revenue of $997 million, marking a 26% year-over-year increase, and a net revenue retention rate of 124%. The remaining performance obligations reached $6.7 billion, growing 34% from the prior year. For Q2, Snowflake anticipates product revenue between $1.035 billion and $1.04 billion, representing 25% year-over-year growth, with a non-GAAP operating margin of 8%. The company is raising its FY 2026 revenue guidance to $4.325 billion, also projecting a 25% year-over-year increase. Additionally, Snowflake expects a non-GAAP product gross margin of approximately 75%, a non-GAAP operating margin of 8%, and a non-GAAP adjusted free cash flow margin of 25% for the fiscal year. This guidance reflects a strong confidence in their operational strategy and product innovations, particularly in AI, data engineering, and strategic partnerships.Strong Revenue Growth
Product revenue for Q1 was $997 million, up 26% year-over-year. Excluding the impact of leap year, product revenue grew by 28% year-over-year.
High Remaining Performance Obligations
Remaining performance obligations totaled $6.7 billion, with a year-over-year growth of 34%.
Significant Customer Gains
Snowflake added 451 net new customers in Q1, growing 19% year-over-year.
Major Contract Signings
Two accounts signed $100 million-plus contracts in Q1, contributing to strong bookings.
Strong Net Revenue Retention
Net revenue retention was a healthy 124%.
Successful Product Launches and Adoption
Over 125 product capabilities were brought to market in the quarter, a 100% increase over last year. Products like Snowpark and Dynamic Tables outperformed expectations.
Expanded AI Capabilities
Snowflake has over 5,200 accounts using AI and machine learning weekly, and Cortex AI has become a foundational pillar of enterprise AI strategies.
Operational Efficiency
Non-GAAP operating margin was 9%, up 442 basis points year-over-year. Non-GAAP adjusted free cash flow margin was 20%.
DE:5Q5 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:5Q5 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2025 | €161.92 | ― | ― |
Feb 26, 2025 | €161.10 | €176.14 | +9.34% |
Nov 20, 2024 | €122.38 | €164.02 | +34.03% |
Aug 21, 2024 | €119.52 | €105.58 | -11.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Snowflake, Inc. (DE:5Q5) report earnings?
Snowflake, Inc. (DE:5Q5) is schdueled to report earning on Aug 20, 2025, TBA Not Confirmed.
What is Snowflake, Inc. (DE:5Q5) earnings time?
Snowflake, Inc. (DE:5Q5) earnings time is at Aug 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Snowflake, Inc. stock?
The P/E ratio of Snowflake is N/A.
What is DE:5Q5 EPS forecast?
DE:5Q5 EPS forecast for the fiscal quarter 2026 (Q2) is 0.23.
