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Snowflake

Verified

“US company, US capital, runs on US clouds.”

Operating HQ
πŸ‡ΊπŸ‡Έ United States (distributed)
where it's run
Legal domicile
πŸ‡ΊπŸ‡Έ Delaware, USA
where it's incorporated
Listing
NYSE: SNOW
Revenue (FY2026)
$4.68B
Employees
7,834
Infrastructure
AWS / Azure / GCP
19/100
Sovereign: Not
Control ↑
16
Data β†’
21

19 = midpoint of Control 16 & Data 21

ConfidenceHigh (88%)

Sovereignty Quadrant

Control ↑ who owns & governs the company  Β·  Data β†’ where your data lives. Every dot is a company β€” click to open it.

Where your data lives β†’ Who controls the company β†’ 7 companies Β· fully non-EU (0/0) TikTok β€” Data 32, Control 24 Google β€” Data 16, Control 14 Youtube β€” Data 14, Control 16 Ionos β€” Data 90, Control 90 Disneyplus β€” Data 16, Control 12 Telegram β€” Data 34, Control 14 Carrefour β€” Data 100, Control 32 Corriere β€” Data 100, Control 100 Microsoft β€” Data 26, Control 14 Amazon β€” Data 14, Control 10 Amazon β€” Data 66, Control 0 Reddit β€” Data 14, Control 10 Netflix β€” Data 24, Control 20 LinkedIn β€” Data 14, Control 16 Reuters β€” Data 26, Control 0 Pinterest β€” Data 12, Control 12 Discord β€” Data 16, Control 20 AliExpress β€” Data 18, Control 12 Twitch β€” Data 18, Control 16 Samsung β€” Data 62, Control 4 Canva β€” Data 24, Control 20 Spotify β€” Data 30, Control 68 Apple β€” Data 16, Control 16 GitHub β€” Data 16, Control 10 Uber β€” Data 16, Control 16 Salesforce β€” Data 20, Control 14 Deepl β€” Data 70, Control 78 Airbnb β€” Data 18, Control 18 Shopify β€” Data 18, Control 18 Mastercard β€” Data 36, Control 16 Dropbox β€” Data 14, Control 10 HubSpot β€” Data 24, Control 10 Notion β€” Data 22, Control 16 Stripe β€” Data 30, Control 30 Zalando β€” Data 52, Control 88 Figma β€” Data 18, Control 10 SAP SE β€” Data 68, Control 78 Atlassian β€” Data 18, Control 18 Proton β€” Data 72, Control 54 Miro β€” Data 100, Control 44 Klarna β€” Data 44, Control 42 Ecosia β€” Data 60, Control 92 Zoom β€” Data 20, Control 14 Adyen β€” Data 84, Control 84 GitLab β€” Data 26, Control 14 Slack β€” Data 14, Control 20 Hetzner β€” Data 84, Control 96 Deezer β€” Data 62, Control 66 Typeform β€” Data 100, Control 52 OVHcloud β€” Data 82, Control 94 Tutanota β€” Data 100, Control 100 BlaBlaCar β€” Data 54, Control 76 Qwant β€” Data 56, Control 88 Bitwarden β€” Data 28, Control 20 Contentful β€” Data 34, Control 48 Personio β€” Data 34, Control 58 Ikea β€” Data 34, Control 100 Whatsapp β€” Data 14, Control 12 Instagram β€” Data 28, Control 22 X β€” Data 14, Control 16 Avast β€” Data 60, Control 0 Paypal β€” Data 24, Control 32 Kaspersky β€” Data 56, Control 0 Dailymotion β€” Data 100, Control 74 Snapchat β€” Data 12, Control 14 21 16 Snowflake
Snowflake β€” verified peers β€” automated estimate (0–50 pillars, normalized)

Every number below traces to 15 sourced facts across 8 independent sources, last verified 2026-06-12. 3 open questions hold confidence at 88% β€” they lower confidence, never the score.

Control ↑

Who legally and economically controls the company

16/100
8 facts Β· 4 sources Β· high confidence
Legal & Jurisdiction
20

Incorporated in Delaware with principal executive offices in Bozeman, Montana; EU law (GDPR) applies to EU customer data, but the controlling entity is a US corporation subject to US jurisdiction and the CLOUD Act.

Why 20? 4 sourced facts · click to expand
Delaware C-corporation

Snowflake Inc. is incorporated in the State of Delaware and is a US corporation.

Snowflake FY2025 Form 10-K (SEC EDGAR) Β· as of 2025-01-31

HQ-of-record Bozeman, Montana

Snowflake's principal executive offices are at 106 East Babcock Street, Suite 3A, Bozeman, MT 59715.

Snowflake FY2025 Form 10-K cover page (SEC EDGAR) Β· as of 2025-01-31

US CLOUD Act reaches EU data

As a US-domiciled provider, Snowflake (and the US clouds it runs on) can be compelled to disclose data under the US CLOUD Act regardless of where the data is physically stored.

EDPB-EDPS joint response on the US CLOUD Act (annex) Β· as of 2019-07-10

Delaware exclusive forum

Snowflake's certificate of incorporation designates the Delaware Court of Chancery as the exclusive forum for key disputes.

Snowflake FY2025 Form 10-K (SEC EDGAR) Β· as of 2025-01-31

Control & Ownership
12

NYSE-listed under SNOW with a single-class, one-share-one-vote structure since 2021; the largest disclosed holders are US institutions (Vanguard ~8.1%, BlackRock 5%+), placing both voting control and economic majority in the US.

Why 12? 4 sourced facts · click to expand
NYSE: SNOW

Snowflake Class A common stock trades on the New York Stock Exchange under the ticker SNOW.

Snowflake FY2025 Form 10-K cover page (SEC EDGAR) Β· as of 2025-01-31

Single class, one vote each

All Class B shares converted to Class A on March 1, 2021, eliminating the dual-class structure so each share has one equal vote.

Snowflake 8-K, March 2021 (SEC EDGAR) Β· as of 2021-03-01

Vanguard 8.1%, BlackRock 5%+

The Vanguard Group held 27,154,056 shares (8.1%) and BlackRock became a 5%+ holder as of Sept 30, 2024 β€” both US asset managers.

Snowflake 2025 Proxy Statement (DEF 14A, SEC EDGAR) Β· as of 2025-05-20

Insiders ~6.8%

All directors and executive officers as a group (15 persons) held 23,578,406 shares, about 6.8%.

Snowflake 2025 Proxy Statement (DEF 14A, SEC EDGAR) Β· as of 2025-05-20

Data β†’

Where your data lives and who can reach it

21/100
7 facts Β· 5 sources Β· mixed confidence
Data & Infrastructure
15

Snowflake owns no data centers; the platform is deployed entirely across the three US hyperscalers (AWS, Azure, GCP). EU at-rest data residency exists, but the infrastructure is US-provider-controlled under a US parent.

Why 15? 4 sourced facts · click to expand
Runs on AWS/Azure/GCP

Snowflake's platform is delivered as a service deployed across multiple third-party public clouds, namely AWS, Azure, and GCP.

Snowflake FY2025 Form 10-K (SEC EDGAR) Β· as of 2025-01-31

Owns no data centers

Snowflake leases all its offices, owns no real property, and depends on the public cloud infrastructure on which its platform relies.

Snowflake FY2025 Form 10-K (SEC EDGAR) Β· as of 2025-01-31

EU at-rest residency offered

Snowflake offers EU at-rest data residency that keeps customer data in the deployment region unless the customer enables cross-region replication or sharing.

Snowflake Data Boundary Roadmap in Europe Β· as of 2025-01-01

EU regions on US clouds

Snowflake operates EU public-cloud regions (e.g., AWS/Azure Frankfurt, Dublin, Paris, Amsterdam, Stockholm), all on US hyperscaler infrastructure.

Snowflake Documentation β€” Supported cloud regions Β· as of 2026-01-30

Operations & People
30

A US-led, USD-reporting, globally distributed company headquartered (of record) in the US with US leadership, but with a real EU operational footprint (Dublin, Berlin offices) and staff across 34 countries.

Why 30? 3 sourced facts · click to expand
7,834 staff, 34 countries

As of January 31, 2025, Snowflake had 7,834 employees operating across 34 countries.

Snowflake FY2025 Form 10-K, Human Capital (SEC EDGAR) Β· as of 2025-01-31

US-based CEO and leadership

Sridhar Ramaswamy (US-based, ex-Google) became CEO effective February 28, 2024, leading a US-headquartered management team.

Snowflake press release β€” Ramaswamy named CEO Β· as of 2024-02-28

USD reporting, $4.68B FY26

Snowflake reports financials in US dollars and recorded full-year fiscal 2026 revenue of $4.68 billion (up 29% YoY).

Snowflake Q4/FY2026 results press release Β· as of 2026-01-31

Aligned to the EU Commission’s official Cloud Sovereignty Framework (SEAL, Jun 2026) β†’

What we don’t know 3 open questions β€” they lower confidence, never the score
  • ?

    What share of EU customer workloads actually sits in EU regions vs. US regions?

    Snowflake offers EU residency, but adoption data isn't public, so real EU data localization could be higher or far lower than the option implies.

  • ?

    Has Snowflake received and complied with US CLOUD Act / FISA requests touching EU customer data?

    No public transparency report quantifies compelled disclosures, so the practical extent of US-law exposure for EU data is unverified.

  • ?

    How material is EU/EMEA revenue and headcount to the total?

    Snowflake does not break out EMEA revenue in detail, limiting confidence in the operations score's EU weighting.

EU Cloud Sovereignty Framework lens

The EU Cloud Sovereignty Framework (SEAL) is designed to assess cloud service providers; Snowflake is a multi-cloud data platform layered on US hyperscalers, so this is an analogous mapping for orientation, not a certification or an official SEAL assessment.

Strategic

US-controlled strategic direction; EU customers are dependent on a US vendor whose roadmap and ownership sit entirely outside the EU.

weak

Legal & jurisdictional

Delaware incorporation, NYSE listing, US executive office; subject to US law and the CLOUD Act even for EU-region data.

weak

Data & AI

Offers EU at-rest data residency, customer-managed keys, and a stated data-boundary roadmap, but data and Cortex AI run on US-provider infrastructure under a US parent.

moderate

Operational

Real EU operating presence (Dublin, Berlin) and staff across 34 countries, but leadership, control and USD reporting are US-centered.

moderate

Supply chain

Core dependency on three US hyperscalers (AWS, Azure, GCP) with minimum spend commitments; no EU-sovereign infrastructure underlies the service.

weak

Technological

Proprietary US-owned platform with no EU control over the underlying compute, storage, or source code.

weak

Security & compliance

Holds broad certifications (ISO 27001, SOC 2, etc.) and GDPR processing terms, but compliance does not neutralize US extraterritorial legal reach.

moderate

Environmental sustainability

Inherits the hyperscalers' regional energy profiles; no Snowflake-specific EU sustainability data verified here.

not assessed
EU alternatives
πŸ‡©πŸ‡ͺ Exasol exasol.com EU-controlled

German-headquartered high-performance analytics database that can be deployed on-prem or in EU clouds, with EU jurisdiction over the vendor.

πŸ‡«πŸ‡· OVHcloud (Data Platform / analytics) ovhcloud.com with caveats

French sovereign cloud operating its own EU data centers; a strong sovereignty base, but its managed analytics stack is less feature-equivalent to Snowflake.

πŸ‡ΊπŸ‡Έ ClickHouse clickhouse.com not an EU alternative

High-performance OLAP engine (open source, Amsterdam origins) but the commercial company is US-incorporated; self-hosting in the EU mitigates, the SaaS does not.

How the method works

Methodology v2 (provisional): the score is the midpoint of two axes β€” Control (who owns and governs the company) and Data (where your data lives and who can reach it). Each axis is scored only on verified evidence; unknowns reduce confidence, never the score. Every input below is sourced; the weights and judgments are open to challenge.

Spotted an error? Every claim is sourced β€” challenge it and we correct the record.
  • 2026-06-12 β€” Initial golden profile, authored from primary sources (human + AI review).

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Verified 2026-06-12 Β· Human + AI joint review (sources independently checked) Β· Methodology