Full-Time
Updated on 9/3/2026
Cloud-based data warehousing and analytics platform
$264k - $379.5k/yr
Company Historically Provides H1B Sponsorship
Menlo Park, CA, USA + 1 more
More locations: Bellevue, WA, USA
Hybrid
Bachelor's, Master's, PhD
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Snowflake provides a cloud-based data platform called the Snowflake Data Cloud that lets customers store, process, and analyze large amounts of data. It operates on a pay-per-use model, charging for data stored and for computing power used. The platform is designed to be easy to use and handles many data types, supporting use cases from data warehousing and data lakes to data engineering, data science, and data applications. Snowflake differentiates itself with a cloud-native architecture that separates storage and compute, enabling on-demand scaling for diverse workloads across organizations, from startups to large enterprises. The company’s goal is to offer a scalable, flexible, and accessible data platform that unifies storage, processing, and analytics in one service.
Company Size
10,001+
Company Stage
IPO
Headquarters
Menlo Park, California
Founded
2012
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We've got your back - We offer comprehensive health insurance plans, health savings accounts, robust retirement plans, and generous life and disability insurance.
A Balanced Lifestyle - All Snowflakes have access to our weekly online lunch and learns, virtual workout classes, and ergonomic work-from-home equipment. We offer on-demand mental health and wellness programs to support our employees and their families.
Your People Matter - Help offset the cost of growing your family with our fertility benefits and family planning resources. Count on our generous time-off and various leave plans for you to rest, refuel, and sustain a great work-life balance.
Global Snowflake Team - No matter where you are in the world, we will get you connected and supported with a work-from-home setup.
Treat Yourself - Personalize your Snowflake benefits by tapping into our employee discounts and pre-tax selections.
Invest In Your Future - Eligible employees enjoy new hire equity, Employee Stock Purchase Plan (ESPP), and a quarterly bonus or commission program.
Snowflake's AI-powered data cloud platform is outperforming Palantir this year, with shares up 53% compared to Palantir's 4% decline. The company added 692 net new customers in Q2 of fiscal 2027, a 32% year-over-year increase, bringing its total to over 14,500 customers. Snowflake's AI tools, including the CoWork personal agent and CoCo AI coding assistant, are driving growth. Over 5,800 customer accounts use CoWork, whilst more than 9,100 use CoCo. The company reported 35% revenue growth to $1.55 billion last quarter. Earnings per share jumped 77% year over year to $0.62, beating the consensus estimate of $0.45. A McKinsey survey found that 80% of AI users report higher productivity, helping explain strong demand for AI software solutions.
Snowflake reported its fiscal 2027 second-quarter results on Wednesday, with shares jumping more than 20% in extended trading. The data cloud specialist posted a third consecutive quarter of accelerating growth, reaching $1.49 billion in product revenue, up 37% year over year. Management raised its full-year product revenue guidance to $6.07 billion, representing 36% year-over-year growth. This marks the second guidance increase this year, up from an initial forecast of 27% growth. The company also lifted its full-year adjusted operating margin outlook to 14.5% from 13.5%. Net revenue retention rate held steady at 126% for the second consecutive quarter. Chief financial officer Brian Robins attributed the acceleration to strength in the core data platform and meaningful growth in artificial intelligence revenue. Remaining performance obligations reached $9.00 billion, up 30% year over year.
Morgan Stanley analyst Sanjit Singh raised his price target on Snowflake to $470 from $300, maintaining an "Overweight" rating. The cloud data company is valued at $106 billion market cap, with shares trading at $356. The upgrade follows Snowflake's third consecutive quarter of accelerating revenue growth. Product revenue reached $1.49 billion, up 37% year over year, beating guidance and consensus estimates. The company added 692 net new customers, up 32% year over year, bringing its total to 14,554. Customers spending over $1 million annually increased 27% to 828. Singh attributed the momentum to an "AI-powered growth flywheel" driven by Snowflake's CoCo and CoWork tools. Management estimates AI products contributed roughly half of the quarter's growth acceleration.
Salesforce shares rose 2.75% to $264 on Thursday following Snowflake's strong quarterly results. The cloud-data company reported 37% growth in product revenue, with artificial intelligence driving roughly half of the acceleration. Salesforce's second-quarter revenue increased 11% to $11.3 billion. Current remaining performance obligations climbed 14% to $33.5 billion. The company's Agentforce and Data 360 products generated nearly $3.9 billion in annual recurring revenue, including more than $1.5 billion from Agentforce. At $264, Salesforce trades 22% below its estimated fair value of $339. The combined AI and data run rate represents approximately 8.6% of annualised quarterly revenue. Snowflake's performance suggests enterprise AI spending is materialising, though Salesforce must demonstrate it can capture similar budgets.
Snowflake reported second-quarter revenue of $1.55 billion, beating analyst expectations of $1.48 billion and marking a 35.1% year-on-year increase. The cloud data platform provider's non-GAAP earnings per share of $0.62 also surpassed consensus estimates of $0.45 by 38.7%. The company's adjusted operating income reached $237 million, exceeding forecasts of $185.9 million. Following the results, Snowflake's stock jumped 22.3%. The company now serves 828 customers paying more than $1 million annually and maintains a net revenue retention rate of 126%. Snowflake guided third-quarter product revenue to $1.59 billion at the midpoint. Despite strong performance, the company's free cash flow margin declined to 5.4% from 16.7% in the previous quarter. Analysts project 26.3% revenue growth over the next 12 months.