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Stock impact report

Expanding Clientele Aids Snowflake's Prospects: What's the Path Ahead? [Yahoo! Finance]

Snowflake Inc. (SNOW) 
Last snowflake inc. earnings: 5/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company's usage-based model enables flexible expansion across workloads, while long-term performance will likely depend on sustained customer commitments and multi-year contract momentum. Snowflake ended the first quarter with 11,578 total customers, including 606 generating over $1 million in trailing 12-month product revenue. The Zacks Consensus Estimate for customers is pegged at 634 for the second quarter, up 24% year on year, underscoring continued traction across large enterprise accounts. Remaining performance obligations (RPO) rose 34% year over year to $6.7 billion in the first quarter of fiscal 2026. RPO reflects the value of signed contracts not yet billed and is a key indicator of future revenue visibility and sustained demand. The Zacks Consensus Estimate for second-quarter RPO is pegged at $6.84 billion, up 31% from the figure reported year ago. A growing product suite and strategic integrations are expected to drive RPOs for Snowflake. The company is extending Show less Read more
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