Snowflake, a publicly owned company headquartered in the United States, was founded in 2012. It employs approximately 7560 individuals and reported $4.7B in revenue as of 2025. The company specializes in enterprise cloud solutions, functioning as a data management and analytics provider.
On July 10, 2026, Citi named Snowflake as one of its top three software stock picks for the year, alongside MongoDB and Palantir, citing increased enterprise spending on software that supports the development and operation of AI systems. Earlier the same day, Snowflake announced the general availability, effective July 13, 2026, of a feature allowing users to clone dynamic Iceberg tables to new dynamic Iceberg tables or Snowflake-managed Iceberg tables; this enhancement also ensures that database and schema clones now include any dynamic Iceberg tables, which were previously skipped. On July 9, VALID Systems reported an improvement of 15-17% in bank fraud detection by utilizing Snowflake ML to enhance risk decisions for check deposits. Also on July 9, OpenAI GPT 5.6 Models, including GPT-5.6 Sol, Terra, and Luna, integrated with Snowflake Cortex AI, enabling secure deployment for enterprise applications.
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 telecoms, food and Beverage Services and personal Care Product Manufacturing companies. Examples of Snowflake's customers include L'Oreal, PepsiCo and AT&T. Snowflake has commercial and technical partners like Mediagenix, Magnite and Xtremax.
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