In the third quarter of fiscal 2025, Snowflake Inc (SNOW) reported a stellar performance, achieving a revenue of $942 million, which reflects a year-over-year growth of 28.32%. This momentum surpassed analyst expectations and reinforces the company's status as a leader in the cloud data services sector. Product revenue surged 29% year-over-year, demonstrating strong adoption of its new AI features and data platform capabilities. Management's comments indicate a strategic focus on operational efficiency and customer satisfaction, with a net revenue retention rate stabilizing at 127%. The company has also increased its full-year product revenue guidance to approximately $3.43 billion, marking a growth of 29% compared to the prior year.