Latest Earnings Results: Q2 '27
Estimated EPS
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Reported EPS
$0.35
Surprise
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Estimated Rev
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Reported Rev
$1.14B
Surprise
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• Reported GAAP EPS of $0.62 up 77.14% YoY • Reported revenue of $1.55B up 35.09% YoY • For the full-year of fiscal 2027, Snowflake expects product revenue of $6.07B, representing 36% year-over-year growth, up from its previous guidance of $5.84B, or 31% year-over-year growth.
Bullish Takeaway
Snowflake demonstrated strong momentum through accelerating product revenue growth and successful enterprise customer expansion, supported by raised full-year financial guidance and improved operating margin targets for the 2027 fiscal year.
Bearish Takeaway
Snowflake faces structural headwinds from persistent GAAP net losses and substantial stock-based compensation charges, while also navigating a competitive market environment characterized by customer budget rationalization and unpredictable consumption-based revenue patterns.
Generated by Stocktwits using AI and company-reported earnings data for Q2 '27. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.
Historical Earnings
Quarterly
Annual
EPS
Revenue
| Fiscal Period | Estimated | Reported | Surprise | Result |
|---|---|---|---|---|
Q2 '27 | -- | $0.35 | -- | N/A |
Q1 '27 | -- | $0.39 | -- | N/A |
Q3 '26 | $0.52 | -- | -- | N/A |
Q2 '26 | $0.45 | $0.62 | 38.76% | BEAT |
Q1 '26 | $0.32 | $0.39 | 22.15% | BEAT |