❄️ Snowflake announces record sales: AI as growth engine!
Snowflake $SNOW delivered results that rewrote its track record. It crossed the $1 billion mark in quarterly revenue for the first time since going public in 2020 , confirming its role as one of the most dynamic players in cloud data analytics.

Shares jumped more than 12 % reaching its highest level in more than a year. Since the beginning of this year, they have already notched +29 %while the Nasdaq remains in the red.

📈 Key numbers for fiscal Q1 2026:

Revenue: $1.04 billion (Expectations: $1.01 billion)

Of which product sales: $996.8 million. USD 6.8 million (up 26% YoY)

Adjusted earnings per share: $0.24 (vs. expectations of $0.21)

Net loss (GAAP): -430 mil. USD -1.29/share (loss widened)

🤖 Artificial Intelligence
Snowflake is heavily implementing AI into its platform and partnering with leaders like OpenAI and Anthropic, enabling companies to train and deploy their own AI models directly in their cloud infrastructure.

This is attracting new customers, with the company already registering 11 000 enterprise clients. Analysts also praised two new contracts worth 100 million dollars, which alleviated earlier fears of potential client attrition.

🔮 Current Outlook & Forecast:
Product revenue (Q2): $1.035-1.040 billion (vs. expectations of $1.021 billion).

Product Revenue (FY26): increased to USD 4.325bn (previously USD 4.28bn)

Snowflake Shows that cloud enhanced by quality AI is a powerful combination. Although GAAP loss persists, revenue growth, customer numbers and increasing efficiency are more important to investors.

Moreover, as companies increasingly move their computing operations to the cloud and invest in AI solutions, Snowflake is well positioned to become a long-term leader in data infrastructure.

📊 Snowflake is moving beyond being a mere startup to a company with a solid track record.

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