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SNOW Rides on Enterprise AI Adoption: Can the Growth Continue?
SnowflakeSnowflake(US:SNOW) ZACKS·2025-09-20 00:41

Key Takeaways Snowflake's AI Data Cloud drove nearly 50% of new logos and 25% of use cases in fiscal Q2 2026. Product revenues rose 32% year over year to 1.09BinfiscalQ22025,with1251.09B in fiscal Q2 2025, with 125% net revenue retention. Customer base grew 19% to 12,062, with 1M revenue accounts up 30% to 654, highlighting strong demand. Snowflake (SNOW) is benefiting from the accelerating adoption of enterprise AI, which is increasingly becoming a cornerstone of its growth strategy. The company is hugely developer-friendly, which ...