Snowflake Reports Financial Results for the Second Quarter of Fiscal 2026
1. Snowflake reported $1.1 billion revenue, 32% year-over-year growth. 2. Net revenue retention rate at 125% indicates strong existing customer loyalty.
1. Snowflake reported $1.1 billion revenue, 32% year-over-year growth. 2. Net revenue retention rate at 125% indicates strong existing customer loyalty.
The consistent revenue growth and high retention mirror past successes, leading to investor confidence.
Strong financial performance typically drives stock prices up; highly relevant for investors.
Sustained high growth rates and retention can fuel investor interest over multiple quarters.