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Snowflake posted strong Q4 2026 results, driven by AI adoption and record revenue, with a $400M+ deal and 740 new customers.
Snowflake reported strong Q4 2026 results with 30% year-over-year product revenue growth to $1.23 billion and a record $9.77 billion in remaining performance obligations, driven by AI adoption and customer expansion.
The company added 740 new customers, including 733 spending over $1 million annually and 56 over $10 million, and closed its largest deal yet—over $400 million.
Snowflake Intelligence and Cortex Code usage nearly doubled, and the acquisition of Observe bolstered its AI observability capabilities.
For fiscal 2027, it forecasted $1.262–1.267 billion in Q1 revenue and $5.7 billion for the full year, with continued growth in its partner ecosystem and AI-driven data platform momentum.
Snowflake obtuvo sólidos resultados en el cuarto trimestre de 2026, impulsados por la adopción de la IA y unos ingresos récord, con un acuerdo de 400 millones de dólares+ y 740 nuevos clientes.