Snowflake, Publicly Owned and headquartered in the US, was founded in 2012. With approximately 7,560 employees, it reported $4.7B in revenue as of 2025. Its main product is enterprise cloud. Functioning as a data management and analytics provider, the company offers its services primarily in the US.
On April 25, 2026, Faruqi & Faruqi LLP reminded investors of an April 27, 2026, deadline to seek the role of lead plaintiff in a federal securities class action filed against Snowflake. Separately, Kaplan Fox & Kilsheimer LLP filed a class action suit in the United States District Court for the Northern District of California on behalf of investors who purchased Snowflake Class A common stock between June 27, 2023, and February 28, 2024. Earlier that day, Snowflake rolled out a significant AI platform upgrade, introducing Snowflake Intelligence and Cortex Code, to become an enterprise control plane for the "agentic enterprise." This release incorporates autonomous AI agents, enhances integrations with tools like Salesforce, Slack, and Google Workspace, and expands AI-powered workflow automation. Previously, CEO Sridhar Ramaswamy stated that enterprise AI is moving beyond traditional data teams to empower individuals involved in day-to-day operations.
Snowflake offers products in the connectivity and cloud industry. Snowflake's product portfolio comprises of enterprise cloud.
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Snowflake's revenues were $4.7B in 2025. Caretta Research has split Snowflake's revenue into 2 different product categories, the largest of which is enterprise cloud storage, which represents 50% of Snowflake's revenue.
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Snowflake's customers primarily consist of personal Care Product Manufacturing, food and Beverage Services and telecoms companies. Examples of Snowflake's customers include AT&T, L'Oreal and PepsiCo. Snowflake has commercial and technical partners like Mediagenix, Magnite and Xtremax.
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