Snowflake is a publicly owned company headquartered in the United States. Founded in 2012, it employs approximately 7,560 individuals and reported $4.7 billion in revenue as of 2026. The company specializes in enterprise cloud services, functioning as a data management and analytics provider.
On September 18, 2026, Schwarz Digits, the IT and digital division of the Schwarz Group, expanded the data and AI ecosystem of its sovereign cloud and colocation solution “Stackit” to include the German AI platform Celonis and Snowflake’s AI Data Cloud. This follows Swiggy’s adoption of Snowflake as its unified data foundation across its food delivery, quick commerce, and dining-out businesses, announced earlier on September 18. Swiggy reported that the new setup improved its slowest data workflows by 90 to 96 percent, cut its heaviest queries from two hours to 15 minutes, and reduced data processing times from six hours to near real-time. Also on September 18, Snowflake AI Data Cloud integrated with STACKIT, positioning the cloud platform as a European sovereign alternative to U.S. hyperscalers, with customer data remaining in Apache Iceberg and encryption keys housed within STACKIT’s EU-based infrastructure. Earlier the same day, Snowflake expanded its Code Bundles preview, enabling users to run non-SQL code like Python directly on warehouse compute, in addition to compute pools, without requiring it to be wrapped in a stored procedure.
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 2026. 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 telecoms, food and Beverage Services and financial Services companies. Examples of Snowflake's customers include PepsiCo, JPMorgan Chase & Co. and AT&T. Snowflake has commercial and technical partners like Mediagenix, Xtremax and Magnite.