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How Snowflake (SNOW) makes money
Snowflake (SNOW) made $1.5B of revenue in the second quarter fiscal 2027 (Q2 FY27), +35% from a year earlier. Product revenue brought in $1.5B (96%); Professional services and other revenue brought in $54.9M (4%).
Drawing the Sankey…
Revenue by segment, Q2 FY27
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Product revenue | $1.5B | 96.4% | +12% | +37% |
| Professional services and other revenue | $54.9M | 3.6% | -3% | +0.8% |
Where each dollar of revenue goes
| Line | Q2 FY27 | % of revenue |
|---|---|---|
| Revenue | $1.5B | 100.0% |
| Income tax | $3.4M | 0.2% |
| Operating cash flow | $91.4M | 5.9% |
| Free cash flow | $83.8M | 5.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 FY27 | $1.5B | +35% |
| Q1 FY27 | $1.4B | +34% |
| Q4 FY26 | $1.3B | +30% |
| Q3 FY26 | $1.2B | +29% |
| Q2 FY26 | $1.1B | +32% |
| Q1 FY26 | $1.0B | +26% |
| Q4 FY25 | $987M | +27% |
From Snowflake's 10-Q filed Sep 4, 2026 (on EDGAR).
Questions
How does Snowflake make money?
Snowflake (SNOW) made $1.5B of revenue in the second quarter fiscal 2027 (Q2 FY27), +35% from a year earlier. Product revenue brought in $1.5B (96%); Professional services and other revenue brought in $54.9M (4%).
What is Snowflake's biggest business?
Product revenue: $1.5B in the second quarter fiscal 2027, 96% of revenue, +37% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.