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Barchart
Barchart
Sushree Mohanty

Snowflake Q2 Earnings: Watch These 3 Numbers Before Buying SNOW Stock

SNOW Snowflake COCO

Snowflake (SNOW) is a cloud data platform company that helps businesses store, analyze, and increasingly use their data to power AI applications and workflows. The company had a strong start to fiscal 2027, with product revenue up 34% year-over-year (YoY) to $1.3 billion, while net revenue retention (or NRR) reached 126% in Q1. However, this performance has pushed the stock up 48% year-to-date (YTD), setting a very high bar for Q2, which Snowflake will release on Sept. 2.

Here are three numbers investors should watch in the Q2 report before buying SNOW stock.

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