Snowflake · Q1 FY2027 · May 27, 2026
Snowflake (SNOW) Q1 FY2027 Earnings: Results, Stock Reaction & Outlook
A structured quarterly research file based on the earnings release and cited primary documents. Consensus, transcript, Q&A, and price-reaction fields are shown only when verified data are available.
Official Earnings ReleaseSnowballHare AnalysisStandard Research Page
Reported result
Reported result
Reported result
Investment read
Product revenue: $1.334B, +34% Y/Y Product gross margin: about 71.0% The next research checkpoint is this is the forward reset; the stock needs this guide to support estimate revisions.
Results check
Reported results
Investor focus
What investors are likely to focus on
Potential result drivers
- Product revenue: $1.334B, +34% Y/Y
- Product gross margin: about 71.0%
- FY product revenue guide: about $5.84B
Verified after-hours, next-day, and benchmark-relative price data are not stored in this record. The factors above are research considerations, not a measured attribution of the stock move.
Next quarter
What to watch next
| Indicator | Current baseline | Next check | Source |
|---|---|---|---|
| Product revenue | $1.334B | The cleanest demand signal; consumption needs to stay broad, not only AI-themed. | Primary source |
| Product gross margin | 71.0% | Shows whether growth is coming with acceptable infrastructure and product-cost discipline. | Primary source |
| FY product revenue guide | $5.84B | This is the forward reset; the stock needs this guide to support estimate revisions. | Primary source |
Primary documents
Sources and documents
FAQ
Reader questions
What did Snowflake report for Product revenue?
Product revenue: $1.334B, +34% Y/Y
What did Snowflake report for Product gross margin?
Product gross margin: about 71.0%
What did Snowflake report for FY product revenue guide?
FY product revenue guide: about $5.84B