Snowflake Inc.: directors' dealings · United States · SEC (Form 4)

About Snowflake Inc.

Snowflake Inc. is a US technology company focused on data infrastructure, cloud analytics, and increasingly enterprise artificial intelligence. It is listed on the NASDAQ under the ticker SNOW and is headquartered in the United States, with a major operational presence in Menlo Park, California, and additional offices including Bozeman, Montana. Snowflake was founded in 2012 by Benoit Dageville and Thierry Cruanes. Over time, it has evolved from a cloud data warehouse pioneer into one of the most recognized platforms in the broader data cloud and AI infrastructure market. Its original differentiation was a cloud-native architecture designed to separate storage and compute, enabling scalability, performance, and governance for enterprise workloads. Today, Snowflake’s business model centers on customer consumption of its platform and adjacent products. Its core offerings include cloud data warehousing, data ingestion and integration, secure data sharing, application development, and AI-enabled data tooling. Key products and capabilities include the Snowflake Data Cloud, Snowpark for development, Snowflake Marketplace for datasets and applications, and Cortex-related functionality that supports AI and data operations. More recently, the company has introduced or expanded initiatives such as Snowflake Intelligence, Cortex Code, and Project SnowWork, which reflect a strategic push toward agentic AI and workflow automation. This is important strategically: Snowflake is positioning itself not only as a data platform, but as a governed control layer that helps enterprises move from raw data to insights, applications, and action. Competitively, Snowflake operates in a highly contested market against major public cloud platforms and analytics software vendors. Its main strengths are its cloud-native architecture, multi-cloud interoperability, enterprise-grade security and governance, and ease of use relative to more fragmented legacy data stacks. The company says it serves more than 13,300 customers globally, including many of the world’s largest enterprises. It also maintains a broad international footprint across North America, Europe, and Asia-Pacific, with offices in major business and technology centers. Recent developments have reinforced Snowflake’s strategic direction. In fiscal 2026, the company reported strong quarterly revenue growth, continued customer expansion, and rising remaining performance obligations. In 2026, Snowflake also announced a major collaboration with OpenAI, launched Project SnowWork, unveiled enhancements to Snowflake Intelligence and Cortex Code, and disclosed plans to acquire Observe to strengthen observability capabilities. The company also highlighted new industry-specific solutions, including offerings aimed at the energy sector. For investors, Snowflake remains a high-profile US-listed NASDAQ growth company whose valuation and long-term trajectory are closely tied to enterprise data modernization, AI adoption, and the depth of its platform ecosystem.