Snowflake reports Q2 revenue of $1.55 billion, beating expectations

Key Takeaways

Snowflake's AI-Powered Results Drive Growth

Snowflake reported better-than-expected revenue in Q2, with sales up 35.1% year on year to $1.55 billion. The company's AI-powered product adoption and core platform expansion drove results. Snowflake's Q2 revenue beat analyst expectations of $1.45 billion. The company's stock price rose 10% in after-hours trading following the release of the earnings report.

Snowflake Q2 Earnings Call Highlights AI Flywheel, Higher Outlook

Snowflake Inc. reported its Q2 earnings results, highlighting AI adoption, core-platform consumption, and customer growth. The company's AI flywheel effect drove growth through increased customer adoption and revenue. Snowflake's Q2 earnings results were better than expected, with a 24% increase in revenue year-over-year.

Snowflake Stock Hits 5-Year High

Snowflake stock nears all-time highs, analysts see more gains ahead. The company's AI product adoption is driving growth, with analysts raising their price targets. Snowflake's stock price has climbed 39% this year.

Snowflake's AI-Powered Results Send Shares Soaring

Snowflake's shares surged nearly 25% after the company raised its annual product revenue forecast. The company's AI offerings accounted for half of the acceleration in growth. Snowflake's Q2 earnings results were better than expected.

Snowflake Q2 Earnings Beat on Product Revenues and AI Strength

Snowflake reported better-than-expected Q2 earnings and revenues, driven by a 37% jump in product revenues. The company's fiscal 2027 guidance also moved higher. Snowflake's Q2 revenue came in at $343.4 million, beating estimates by 2.4%.

Snowflake Q2 Deep Dive

Snowflake reported better-than-expected revenue in Q2 CY2026, with sales up 35.1% year on year to $1.55 billion. The company's AI-powered product adoption and core platform expansion drove results.

Snowflake Stock Skyrockets on AI-Driven Q2 Revenue Jump

Snowflake stock surged on Thursday following a blowout quarter for the company. The cloud computing company reported a 137% increase in revenue, driven by its AI-powered data warehousing platform.

AAM Questions AI Shopping Tools

The Alliance for American Manufacturing (AAM) has asked the Federal Trade Commission (FTC) to investigate whether AI shopping tools are ignoring made-in-America products. The concern is that if marketplace AI systems are steering consumers toward foreign-made goods, obscuring reliable Made in USA information, or failing to surface domestic alternatives, they risk turning public concern about AI into a concrete marketplace harm.

HPE Deploys Networking Gear Across Oracle's AI Data Centers

HPE is deploying its networking gear across Oracle's AI data centers in a multi-year deal. Oracle plans a multi-year deployment of HPE Juniper networking equipment across its AI data centers globally.

READY: Reliable Enterprise Agent Deployment Framework

An AI agent can perform well on benchmarks and still be unsuitable for deployment. Existing AI-agent benchmarks measure whether an agent can complete realistic professional work, whereas enterprise deployment asks a different question: whether an agent can meet a required reliability level, under acceptable human oversight, and at tolerable cost.

Synology Launches ActiveProtect Manager 2.0

Synology launched ActiveProtect Manager 2.0, bringing expanded platform support and advanced AI-driven security. The software update introduces expanded platform coverage, cross-platform recovery, and enhanced security.

Benchmarking Language Models for Statistical Problem Formulation

Large language models (LLMs) are increasingly used as assistants for statistical and data science work, yet existing evaluations largely assume the analysis target is already specified. In practice, users arrive with informal goals and heterogeneous data, leaving the model to decide what statistical task is implied and which data are relevant.

Work List Prioritization Tool

A new work list prioritization tool has been developed to help radiologists prioritize their work lists, reducing reporting and turnaround times by over 70%. The tool uses artificial intelligence (AI) to analyze the work list and prioritize tasks based on factors such as patient acuity, exam type, and reader availability.

Meta Stock Has a New AI Catalyst

Meta Stock Has a New AI Catalyst. Is META Headed Back Toward Its All-Time High? Zuckerberg's Q2 message was blunt about AI transforming Meta's business, yet the stock sits more than 25% below its all-time high while legal storms and a historic capex surge squeeze free cash flow to a fraction of last year's levels.

Integrating Outlook with Amazon Quick for AI-Powered Email Automation

Integrate Microsoft Outlook with Amazon Quick to automate email management, calendar scheduling, and workflow coordination. This post walks through the end-to-end setup and shows automation scenarios using Amazon Quick chat agents, Amazon Quick Flows, and Amazon Quick Automate.

The Fight for Serious AI Regulation

The Fight for Serious AI Regulation Just Won a Big Victory in Massachusetts. Senator Ed Markey won a major primary election victory, claiming another win for the left in this summer's struggle for the soul of the Democratic Party.

Sources

• SNOW Q2 Deep Dive: AI-Powered Product Adoption and Core Platform Expansion Drive Results
• SNOW Q2 Earnings Call Highlights AI Flywheel, Higher Outlook
• Snowflake Stock Hits 5-Year High: Analysts See More Gains Ahead
• Snowflake’s AI-powered results send shares soaring, buoy software stocks
• Snowflake Q2 Earnings Beat on Product Revenues and AI Strength
• SNOW Q2 Deep Dive: AI-Powered Product Adoption and Core Platform Expansion Drive Results
• Snowflake stock skyrockets on AI-driven Q2 revenue jump
• AAM Asks the FTC to Investigate AI Shopping Tools Whether Are Ignoring Made in America Products
• HPE is deploying its networking gear across Oracle's AI data centers in a multi-year deal
• READY or Not: Reliable Enterprise Agent Deployment
• Synology Launches ActiveProtect Manager 2.0, Bringing Expanded Platform Support and Advanced AI-Driven Security
• Benchmarking Language Models for Statistical Problem Formulation
• Work list prioritization tool cuts reporting and turnaround times by over 70%
• Meta Stock Has a New AI Catalyst. Is META Headed Back Toward Its All-Time High?
• Integrating Outlook with Amazon Quick for AI-powered email automation
• The Fight for Serious AI Regulation Just Won a Big Victory in Massachusetts