Snowflake raises annual product revenue forecast

Cloud Data Firm Edges Up Guidance Amidst Competitive Market

Snowflake Inc. has slightly increased its annual product revenue forecast for 2025, reflecting ongoing customer demand and steady momentum in the cloud data sector. The company now expects annual product revenue to reach $4.34 billion, up from its prior estimate of $4.33 billion[1].

Key Forecast Details

  • Latest product revenue guidance: $4.34 billion
  • Previous guidance: $4.33 billion
  • Update announced on August 27, 2025

Factors Influencing the Revised Outlook

Snowflake’s revised outlook comes during continued competitiveness in the data warehousing and analytics market, with the company facing ongoing challenges from major cloud service rivals as well as emerging Generative AI tools. The modest increase signals resilience in customer adoption despite macroeconomic uncertainties.

Broader Financial Context

Snowflake recently reported financials that highlight its growth trajectory, including quarterly revenues surpassing $1 billion and maintaining robust gross profit margins[2].
  • Quarterly revenue (Fiscal Q1 2026): $1.04 billion
  • Quarterly gross profit: $693 million

Outlook

The updated revenue guidance places Snowflake firmly among leading cloud data platforms for 2025, emphasizing its strategic focus on scalable data solutions and ongoing product innovation. The company’s financial progress demonstrates its ability to capture increasing demand as enterprises seek to modernize data infrastructure.

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