Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 29%+ after hours

Summary

Snowflake reported a 33% year-over-year increase in Q1 revenue to $1.39 billion, exceeding estimates of $1.32 billion. The company also committed to spending $6 billion on Amazon Web Services (AWS) over the next five years.

Why it matters

Snowflake's revenue growth and commitment to AWS spending are significant indicators of the company's continued success and expansion in the cloud computing market.

Topics

Related coverage

Techmeme

Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 35%+ after hours

5/28/2026, 4:00:42 AM

Post Stream

Flat, source-grounded posts. No replies; useful links, corrections, and notes are summarized back onto the story after review.

Type related linkopinioncorrection URL Title

Local fixture mode allows posting. Production posting requires Google login and write-rate limits.

Add post

No posts have been added to this cluster yet.

Rank history