Snowflake Q3 Earnings Beat Estimates, Revenues Up Y/Y, Shares Fall

Key Takeaways SNOW beat Q3 earnings and revenue estimates, but its shares sank more than 8% after-hours. SNOW posted 29% product revenue growth and saw customer count rise 20% to 12,621 in Q3. SNOW expanded its operating margin to 10.8% and guided for 27% Q4 product revenue growth. Snowflake (SNOW) reported third-quarter fiscal 2026 non-GAAP earnings of 35 cents per share, beating the Zacks Consensus Estimate by 12.90%. The company reported earnings of 20 cents per share in the year-ago quarter.Revenues of ...