Earnings Call Summary | Snowflake(SNOW.US) Q1 2025 Earnings Conference
Earnings Call Summary | Snowflake(SNOW.US) Q1 2025 Earnings Conference
The following is a summary of the Snowflake Inc. (SNOW) Q1 2025 Earnings Call Transcript:
以下是Snowflake Inc.（SNOW）2025年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Snowflake reported Q1 product revenue of $790 million, up 34% year-over-year.
Remaining Performance Obligations grew 46% year-over-year to $5 billion.
Non-GAAP adjusted free cash flow margin stood at 44%.
Snowflake expects Q2 product revenue between $805 million to $810 million and full year product revenue of approximately $3.3 billion, a 24% increase year-on-year.
Storage mix as a percent of revenue remained at 11%.
Snowflake報告稱，第一季度產品收入爲7.9億美元，同比增長34％。
剩餘績效義務同比增長46％，達到50億美元。
非公認會計准則調整後的自由現金流利潤率爲44％。
Snowflake預計，第二季度產品收入在8.05億美元至8.1億美元之間，全年產品收入約爲33億美元，同比增長24％。
存儲結構佔收入的百分比保持在11％。
Business Progress:
業務進展：
Growth was primarily driven by data product and increased layer of AI applications.
Over 750 customers are using new AI capabilities, with significant upgrades in acquisition team in commercial space and business development.
AI product, Cortex, became generally available and features such as Iceberg, Snowpark Container Services, and Hybrid Tables are expected to be released by year-end.
Snowflake began migrating several large Global 2,000 customers to Snowpark in Q1, with more than 50% customers now using it.
Acquisition of certain technology assets and key staff from TruEra is ongoing to enhance AI capabilities.
Snowflake is noticing a trend towards long-term commitments from customers - exemplified by a $100M deal in Q1 with potential for another in Q2.
Ongoing efforts to expand the range of applications run on Snowflake through product innovations like Container Services and Hybrid Tables.
Partnerships formed with several companies to strengthen AI capabilities and grow the data on the platform.
Snowflake is focusing on AI solutions like Cortex and Arctic, using vector embedding and the Cortex index.
Plans are afoot to automate complex tasks with Snowflake and enable direct access to data, aligning with their vision of a 'single box' enterprise solution.
All sectors posted growth, with notable improvements in technology and healthcare.
增長主要是由數據產品和人工智能應用程序層的增加推動的。
超過750名客戶正在使用新的AI功能，收購團隊在商業空間和業務開發方面進行了重大升級。
人工智能產品Cortex已正式上市，Iceberg、Snowpark容器服務和混合表等功能預計將在年底前發佈。
Snowflake在第一季度開始將幾家全球2,000大客戶遷移到Snowpark，現在有超過50％的客戶在使用它。
正在從TrueRA收購某些技術資產和關鍵員工，以增強人工智能能力。
Snowflake注意到客戶有向長期承諾的趨勢——第一季度達成的1億美元交易就是例證，第二季度有可能再進行一筆交易。
通過容器服務和混合表等產品創新，持續努力擴大在 Snowflake 上運行的應用範圍。
與多家公司建立了合作伙伴關係，以加強人工智能能力並增加平台上的數據。
Snowflake使用矢量嵌入和Cortex索引，專注於Cortex和Arctic等人工智能解決方案。
他們正在計劃使用Snowflake自動執行復雜任務並實現對數據的直接訪問，這與他們對 “一箱式” 企業解決方案的願景一致。
所有行業均實現增長，技術和醫療保健顯著改善。
More details: Snowflake IR
更多詳情： Snowflake 紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。