Joe Vandrick's questions to Snowflake (SNOW) leadership • Q2 2026
Question
On behalf of Patrick Colville, Joe Vandrick from Scotiabank asked about the opportunity within Global 2000 (G2K) accounts, the percentage of million-dollar customers that are G2K, and how the sales team communicates value to these large enterprises.
Answer
CFO Mike Scarpelli stated that the average G2K customer could easily spend $10 million or more annually on Snowflake. He estimated that roughly 50% of their $1M+ customers are G2K companies. He added that the sales approach is heavily focused on enablement and articulating the business value of Snowflake, rather than just its cost.