Snowflake Shares Surge After Q2 Beat and Forecast Raise

BOZEMAN, Mont., Aug. 27, 2025 - Snowflake Inc. (NYSE: SNOW) shares jumped sharply on Wednesday after the cloud data platform provider delivered stronger-than-expected second-quarter results and lifted its full-year outlook.

Snowflake reported non-GAAP earnings of $0.35 per share, versus analysts’ forecast of $0.27, on product revenue of $1.09 billion, up 32% year over year and modestly above estimates of $1.09 billion. The company also forecast product revenue for the October quarter in a range of $1.125 billion to $1.130 billion, topping Wall Street’s consensus of $1.12 billion.

In a separate announcement, Snowflake raised its fiscal 2026 product revenue guidance to approximately $4.40 billion from $4.33 billion, citing continued strong demand for its AI-driven data analytics services.

Shares closed at $200.34, up 3.08% on the New York Stock Exchange, and surged over 13% to $226.50 in after-hours trading following the results.