SNOWSnowflake Inc.

$275.89+1.7% 1Y

Operating metrics

Net revenue retention rate at Snowflake: 126% for Q2 2027, +1.0 points on a year ago.

Operating metrics

From earnings releases, Q2 2022 to Q2 2027
Net revenue retention rate, Q2 2027126%

+1.0 points on a year ago

Customers over $1M828

Q2 2027, +27% on a year ago

Remaining performance obligations$9B

Q2 2027, +30% on a year ago

Net revenue retention rate, Q2 2027: 126%

“Net revenue retention rate of 126%”

Source: Q2 2027 earnings release, filed Sep 2, 2026

Every quarter, with its source

QuarterNet revenue retention rateCustomers over $1MRemaining performance obligationsRelease
Q2 2027126%828$9BFiled Sep 2, 2026
Q1 2027126%779$9.21BFiled May 27, 2026
Q4 2026125%733$9.77BFiled Feb 25, 2026
Q3 2026125%688$7.88BFiled Dec 3, 2025
Q2 2026125%654$6.9BFiled Aug 27, 2025
Q1 2026124%606$6.7BFiled May 21, 2025
Q4 2025126%580$6.9BFiled Feb 26, 2025
Q3 2025127%542$5.7BFiled Nov 20, 2024
Q2 2025127%510$5.2BFiled Aug 21, 2024
Q1 2025128%485$5BFiled May 22, 2024
Q4 2024131%461$5.2BFiled Feb 28, 2024
Q3 2024135%436$3.7BFiled Nov 29, 2023
Q2 2024142%402$3.5BFiled Aug 23, 2023
Q1 2024151%373$3.4BFiled May 24, 2023
Q4 2023158%330$3.7BFiled Mar 1, 2023
Q3 2023165%287$3BFiled Nov 30, 2022
Q2 2023171%246$2.7BFiled Aug 24, 2022
Q1 2023174%206$2.6BFiled May 25, 2022
Q4 2022178%184$2.6BFiled Mar 2, 2022
Q3 2022173%148$1.8BFiled Dec 1, 2021
Q2 2022169%116$1.5BFiled Aug 25, 2021
Net revenue retention rate
Trailing-two-year net revenue retention of capacity-contract customers, as defined by Snowflake.
Customers over $1M
Customers with trailing 12-month product revenue greater than $1 million.
Remaining performance obligations
Contracted future revenue not yet recognized, at quarter end.

Source: company earnings releases furnished to the SEC on Form 8-K (Item 2.02, Exhibit 99), SEC EDGAR.

Snowflake (SNOW) Key Metrics: Net Revenue Retention Rate by Quarter · Ryufin