Snowflake Q3 FY25 Earnings Preview: Key Insights

Snowflake (NYSE:SNOW), the cloud-based data warehousing leader, will release its Q3 Fiscal 2025 earnings on November 20 after the market closes.

Analysts predict revenue will climb 22% year-over-year to $899.3 million, while adjusted EPS may drop 40% to $0.15. Shares are down 36% this year due to slowing revenue growth and strong competition from Databricks.

While demand for AI-driven tools like Snowflake Cortex may boost growth, higher costs and investments continue to pressure profitability.

Citigroup’s Tyler Radke sees Q3 results exceeding product revenue estimates by 2%–3% and expects Snowflake to raise its Q4 guidance. Still, concerns linger over competitive pressures and mixed customer adoption trends.

Goldman Sachs’ Kash Rangan remains bullish, projecting a possible 3%–4% product revenue beat and Q4 guidance signaling 21%–22% growth.

Overall, Snowflake’s Q3 results will test its resilience amid competition and growth challenges. Analysts believe AI products could drive future gains, offering potential upside for long-term investors. Stay tuned for updates on November 20.