Snowflake

Q2 FY2027 EarningsQ2 FY27 beat consensus across top-line and GAAP profitability metrics: revenue reached $1,546.8M vs. $1,481.2M expected (+4.43%), while GAAP EPS of -$0.55 significantly outperformed the -$0.77 estimate. Product revenue remains the core driver, up 37% YoY with a net revenue retention rate of 126%. However, Cash from Operations of $91.4M missed the $112.0M consensus (-18.46%) due to higher infrastructure prepayments and acquisition-related costs, leading to a Free Cash Flow miss against market expectations.