2 stories tagged #revenue-growth.
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Snowflake reported its fiscal Q2 2027 on September 2. Product revenue reached $1.49 billion, up 37% year over year. This marked the third consecutive quarter of accelerating growth according to [SaaStr](https://www.saastr.com/5-interesting-learnings-from-snowflake-at-6-billion-in-revenue-37-growth-and-accelerating-126-nrr-and-a-gross-margin-guided-down-to-pay-for-ai/).
Product revenue growth moved from 30% in fiscal 2026 to 34% then 37%.
Palantir reported revenue of $1.935 billion for the quarter, up 93% year-over-year. The result marked the twelfth consecutive quarter of accelerating growth. Full-year guidance was raised from $7.65 billion to $8.15 billion. Net revenue retention reached 157% and the Rule of 40 score reached 155% according to SaaStr.
Revenue grew 93% year-over-year to $1.935 billion and 19% quarter-over-quarter. U.S.