Snowflake Is Growing Like Crazy. But at What Cost?

The company's big bet on AI is risky.Last year, one of the biggest concerns Snowflake (SNOW -4.89%) investors had was how quickly its revenue growth rate was decelerating. But to the data cloud specialist's credit, the company seemed to get this problem under control in late fiscal 2024. Indeed, Snowflake's top-line growth rate actually accelerated in the first quarter of fiscal 2025 compared to the fourth quarter of fiscal 2024.But this still misses the full picture. The revenue growth rate Snowflake has s ...