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Cloud Databases

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1 entry 10 related topics Updated July 21, 2026

Why did Snowflake growth slow in 2024-25?

snowflakegrowth-decelerationiceberg-migrationdatabricks-competitivepricing-warsJul 21

Direct Answer Snowflake's growth decelerated from 38% in FY24 to 30% in FY25 and a guided 28% in FY26 due to four structural headwinds: Apache Iceberg eroding its proprietary lock-in, AWS Redshift and Microsoft Fabric undercutting compute p…

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