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LAS VEGAS - Snowflake (NYSE:SNOW) has exceeded $2 billion in sales through Amazon Web Services (AWS) Marketplace within the 2025 calendar year, doubling its transaction growth year-over-year, the company announced Wednesday. This milestone comes as the company continues its strong revenue trajectory, with InvestingPro data showing Snowflake’s overall revenue growth at 28.37% over the last twelve months, reaching $4.12 billion. The stock is currently trading near its 52-week high of $280.67, having delivered an impressive 68.18% return year-to-date.
The AI Data Cloud company has deepened its strategic collaboration with AWS, introducing new integrations aimed at delivering open connectivity for modern, AI-ready data architectures. These innovations include connecting Snowflake Agents with Amazon Bedrock AgentCore, catalog federation between AWS Glue Data Catalog and Snowflake Catalogs, and support for Iceberg V3 Table Spec.
AWS recognized Snowflake across 14 Partner Award categories, including Data & Analytics Technology Partner of the Year for the third consecutive year, as well as GenAI Tools and Infrastructure Technology Partner of the Year.
"Snowflake’s achievement of surpassing $2 billion in AWS Marketplace transactions demonstrates the power of removing procurement friction to accelerate enterprise innovation," said Ruba Borno, VP of Global Specialists & Partners at AWS.
Major enterprises utilizing the Snowflake-AWS integration include Booking.com and DraftKings. Thomas Davey, Chief Data Officer at Booking.com, stated that the combination "gives us the flexibility and scalability to experiment, personalize, and innovate faster."
The collaboration aims to help organizations build secure, scalable, and interoperable AI solutions while maintaining governance controls. New capabilities focus on eliminating data silos between platforms and reducing vendor lock-in, allowing customers to use AI without costly data movement.
Mike Gannon, Chief Revenue Officer at Snowflake, noted that crossing the $2 billion mark in AWS Marketplace reflects how their innovations "resonate with customers in the AI era."
This announcement was made during AWS re:Invent in Las Vegas, according to the company’s press release statement.
In other recent news, Snowflake Inc. has expanded its strategic partnership with Anthropic in a $200 million multi-year deal. This agreement aims to integrate Anthropic’s Claude AI models into Snowflake’s platform, enhancing AI capabilities for enterprise customers. Meanwhile, analysts have been active in updating their outlooks on Snowflake. Rosenblatt increased its price target for Snowflake to $275, maintaining a Buy rating, ahead of the company’s upcoming third-quarter earnings report. DA Davidson also raised its price target to $300, citing strong product growth as a driving factor. Guggenheim reiterated a Neutral rating, noting strategic go-to-market changes and product enhancements as positive indicators for the fiscal third quarter of 2026. Bernstein maintained a Market Perform rating with a $221 target, pointing to stabilization in key business metrics and strong demand across IaaS and PaaS vendors. These developments reflect a mix of strategic partnerships and varied analyst perspectives on Snowflake’s future performance.
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