Snowflake(US:SNOW)2025-02-26 23:42Financial Performance - Snowflake's product revenue reached $3462 million for fiscal year 2025, representing a 30% year-over-year growth[49] - Q4 FY25 product revenue was $943 million, a 28% year-over-year increase[51] - The company's remaining performance obligations (RPO) totaled $6867 million at the end of Q4 FY25, with 48% expected to be recognized as revenue in the next twelve months[55] - Non-GAAP product gross margin was 76% for FY25[42, 71] - Non-GAAP operating margin was 6% for FY25[71] - Non-GAAP adjusted free cash flow margin was 26% for FY25[71] Customer Growth - Snowflake had 745 Forbes Global 2000 customers at the end of Q4 FY25[59] - The total customer count reached 11159 at the end of Q4 FY25[57] - Customers generating over $1 million in product revenue numbered 580, a 27% year-over-year increase[62] - Net revenue retention rate was 126% in Q4 FY25[42, 65] Market Opportunity - Snowflake estimates its platform TAM to be $342 billion in CY24[40] AI Data Cloud - 36% of Snowflake customers have at least one stable edge for data sharing[81] - There are 3044 marketplace listings available[81]