04:24 PM EDT, 05/21/2025 (MT Newswires) -- Snowflake (SNOW) reported fiscal Q1 non-GAAP earnings late Wednesday of $0.24 per diluted share, up from $0.14 a year earlier.

Analysts polled by FactSet expected $0.21.

Revenue for the quarter ended April 30 was $1.04 billion, up from $828.7 million a year earlier.

Analysts surveyed by FactSet expected $1.01 billion.

The company set fiscal Q2 product revenue guidance of $1.035 billion to $1.040 billion. Analysts expect $1.02 billion.

The company also upgraded its fiscal 2026 full-year product revenue guidance to $4.33 billion from $4.28 billion earlier. Analysts expect $4.28 billion.

Shares of Snowflake were up 6.8% in after-hours trading.