Databricks Says It Passed Snowflake’s Run Rate In Late 2025

DATA · DATABRICKS VS. SNOWFLAKE — ANNUALIZED REVENUE Databricks Says It Passed Snowflake’s Run Rate In Late 2025 Snowflake’s audited figure was bigger every period since 2020 — until now. Databricks (self-reported) Snowflake (product rev. ×4) $0M $1B $2B $3B $4B $5B $6B $7B $350M $594M Sep '20 $425M $713M Dec '20 $600M $1.02B Aug '21 $800M $1.44B Dec '21 $1.0B $1.87B Aug '22 $1.5B $2.56B Jul '23 $4.0B $4.36B Jul '25 $4.8B $4.63B Oct '25 $5.4B $4.91B Jan '26 $6.9B $5.34B Jun '26 ANNUALIZED REVENUE Databricks: company-disclosed run rate, unaudited. Snowflake: SEC GAAP quarterly product revenue (excludes services) × 4, audited — not the same kind of number. Methodology: databricks-snowflake-notes.md.