Snowflake Inc.: Will Its Expansion of AI Integration Be A Breakthrough Move?

In the third quarter of fiscal 2025, Snowflake Inc. reported strong financial results, suggesting a solid execution of its strategic initiatives. The company’s product revenue reached $900 million, marking an impressive 29% yearover-year increase. This growth was largely attributed to Snowflake’s robust platform and the increasing adoption of its AI feature family, Snowflake Cortex. The company’s remaining performance obligations amounted to $5.7 billion, reflecting a significant 55% growth compared to the previous year.