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年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
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报告称，第一季度产品收入为7.9亿美元，同比增长34％。
剩余绩效义务同比增长46％，达到50亿美元。
非公认会计准则调整后的自由现金流利润率为44％。
Snowflake预计，第二季度产品收入在8.05亿美元至8.1亿美元之间，全年产品收入约为33亿美元，同比增长24％。
存储结构占收入的百分比保持在11％。
Business Progress:
业务进展：
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.
增长主要是由数据产品和人工智能应用程序层的增加推动的。
超过750名客户正在使用新的AI功能，收购团队在商业空间和业务开发方面进行了重大升级。
人工智能产品Cortex已正式上市，Iceberg、Snowpark容器服务和混合表等功能预计将在年底前发布。
Snowflake在第一季度开始将几家全球2,000大客户迁移到Snowpark，现在有超过50％的客户在使用它。
正在从TrueRA收购某些技术资产和关键员工，以增强人工智能能力。
Snowflake注意到客户有向长期承诺的趋势——第一季度达成的1亿美元交易就是例证，第二季度有可能再进行一笔交易。
通过容器服务和混合表等产品创新，持续努力扩大在 Snowflake 上运行的应用范围。
与多家公司建立了合作伙伴关系，以加强人工智能能力并增加平台上的数据。
Snowflake使用矢量嵌入和Cortex索引，专注于Cortex和Arctic等人工智能解决方案。
他们正在计划使用Snowflake自动执行复杂任务并实现对数据的直接访问，这与他们对 “一箱式” 企业解决方案的愿景一致。
所有行业均实现增长，技术和医疗保健显著改善。
More details: Snowflake IR
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译文内容由第三方软件翻译。