Welcome to our dedicated page for Snowflake news (Ticker: SNOW), a resource for investors and traders seeking the latest updates and insights on Snowflake stock.
Snowflake Inc. develops the AI Data Cloud, a cloud-native platform used by enterprises to build, use and share data, applications and AI across governed data environments. Company news commonly covers financial results, product revenue trends, customer adoption, platform expansion and go-to-market execution.
Recurring updates include AI and data-product announcements tied to Snowflake Intelligence, Cortex Code and Project SnowWork; customer and industry research on generative and agentic AI; user-conference developments; and leadership changes affecting revenue, sales and governance roles. Snowflake’s disclosures also emphasize data sharing, interoperability, security and governance as operating themes within its enterprise software platform.
Snowflake (NYSE:SNOW) reported Q1 fiscal 2027 results for the quarter ended April 30, 2026, with product revenue of $1.33 billion, up 34% year-over-year, and total revenue of $1.39 billion, up 33%.
Key metrics include a 126% net revenue retention rate, 779 customers generating over $1 million in trailing 12‑month product revenue (29% growth), remaining performance obligations of $9.21 billion (38% growth), and non‑GAAP operating margin of 11.9%. Snowflake raised full‑year product revenue guidance to $5.84 billion (31% growth) and announced a $6 billion multi‑year AWS agreement, expanded AI partnerships, and a definitive agreement to acquire Natoma.
Valid Systems launched a data integration on the Snowflake (NYSE:SNOW) AI Data Cloud, enabling financial institutions to run AI and machine learning models directly in Snowflake for real-time deposit fraud decisioning.
The integration supports over 70 million transactions monthly and more than $6 billion in immediately available funds, with 24/7 decisioning, enterprise-grade data governance, and full audit trails to support compliance and regulatory defensibility. It aims to give institutions of all sizes access to enterprise-level risk intelligence.
Snowflake (NYSE: SNOW) will report first-quarter fiscal 2027 results for the period ended April 30, 2026, after U.S. market close on May 27, 2026.
The company will host a conference call at 2:00 p.m. PT on May 27, 2026, with live webcast and a replay available for 30 days on the Snowflake Investor Relations website. Dial-in access will use access code 222481.
Snowflake (NYSE: SNOW) will host Snowflake Summit 26 in San Francisco from June 1-4, 2026, its largest user conference with a projected 20,000+ in-person attendees, 500+ sessions, 200+ on-site partners, 39 hands-on labs, and an opening keynote featuring Sridhar Ramaswamy and Daniela Amodei.
The event highlights enterprise AI adoption, product keynotes, industry use cases, hands-on training, partner showcases, and developer programming.
Snowflake (NYSE: SNOW) expanded Snowflake Intelligence and Cortex Code to act as a control plane for the agentic enterprise, enabling data-grounded AI agents for business users and builders. Updates include skills, MCP/ACP connectors, iOS app preview, VS Code extension private preview, and wider external data support.
Snowflake says >50% of Cortex Code customers are actively using it and >9,100 customers use Snowflake AI products weekly.
Snowflake (NYSE: SNOW) appointed Jonathan Beaulier as Chief Revenue Officer, effective March 31, 2026, succeeding Mike Gannon who is leaving for personal reasons.
Beaulier, a 10-year company veteran most recently GVP, U.S. Majors Sales, will lead revenue and go-to-market teams. The company also reaffirmed its fiscal 2027 Q1 and full-year guidance.
Snowflake (NYSE: SNOW) announced on March 18, 2026 the research preview of Project SnowWork, an autonomous enterprise AI platform that brings outcome-driven, agentic intelligence to business users.
Launching to a limited set of customers, Project SnowWork autonomously completes multi-step workflows on governed Snowflake data, enforces RBAC and audit logging, and provides persona-specific skills for finance, sales, marketing, and operations.
Snowflake (NYSE: SNOW) and Hakkoda, an IBM company, released research showing interoperability is now central to scaling AI in healthcare. 85% of leaders say data sharing is a higher priority than two years ago, while 77% plan or have invested in generative/agentic AI.
Respondents prioritize administrative automation (60%), clinical documentation (50%), and revenue cycle (47%); 52% expect 10–50% time savings as AI matures.
Snowflake (NYSE: SNOW) released a global research report (March 10, 2026) showing AI adoption is driving net workforce gains and measurable ROI, with 77% of organizations reporting job creation versus 46% reporting job loss. The study finds $1.49 gained per $1 invested, 92% positive ROI among early adopters, and plans to allocate 22% of tech budgets to AI, while data readiness and governance remain major scaling barriers.
Snowflake (NYSE: SNOW) reported fourth-quarter and full-year fiscal 2026 results ended January 31, 2026. Q4 product revenue was $1.23 billion, up 30% year-over-year, and remaining performance obligations reached $9.77 billion, up 42% year-over-year. Net revenue retention was 125% and Snowflake added 740 net new customers.
The company highlighted AI momentum, 430+ product capabilities in FY26, acquisitions (Observe and TensorStax), and full-year product revenue of $4.47 billion, up 29%.