Snowflake(US:SNOW) ZACKS·2025-12-04 00:30Core Insights - Snowflake Inc. reported $1.21 billion in revenue for the quarter ended October 2025, marking a year-over-year increase of 28.8% and exceeding the Zacks Consensus Estimate by 2.68% [1] - The company achieved an EPS of $0.35, which is a 75% increase from $0.20 a year ago, surpassing the consensus EPS estimate of $0.31 by 12.9% [1] Financial Performance Metrics - Remaining performance obligations stood at $7.88 billion, exceeding the average estimate of $7.46 billion from five analysts [4] - The number of customers with trailing 12-month product revenue greater than $1 million reached 688, slightly above the two-analyst average estimate of 686 [4] - Product revenue was reported at $1.16 billion, surpassing the average estimate of $1.13 billion from ten analysts, reflecting a year-over-year change of 28.7% [4] - Revenue from professional services and other sources was $54.53 million, exceeding the average estimate of $52.7 million, with a year-over-year increase of 30.4% [4] - Non-GAAP product gross profit was $879.17 million, below the average estimate of $915.73 million from eight analysts [4] - GAAP product gross profit was reported at $837.57 million, exceeding the two-analyst average estimate of $798.98 million [4] Stock Performance - Over the past month, shares of Snowflake have returned -2.2%, compared to a -0.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]