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Snowflake10-Q: Data investment

Snowflake acquired observability company Observe in February 2026, issuing 1.5M shares as partial consideration.

What happened

The acquisition of Observe indicates a strategic expansion into the data observability market.

Source

SEC EDGARMay 29, 2026

Quarterly report (Form 10-Q)

Snowflake 10-Q

Filing excerpt

On February 2, 2026, we issued approximately 1.5 million shares of our common stock (Equity Consideration) to certain securityholders of Observe, pursuant to the terms of an agreement and plan of merger and reorganization, dated as of December 21, 2025, as partial consideration for our acquisition of all of the outstanding capital stock and certain other securities of Observe.

sec.gov/Archives/edgar/data/1640147/000164014726000030/snow-20260430.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Data investment

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
04/30
Filed
May 29, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Details

CIK
1640147
Accession number
0001640147-26-000030
Metric named
Partial consideration for the acquisition was 1.5 million shares of common stock, the dollar value of which was not specified.
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Target for data vendors
Signal category
Technology

Topics and mentions

Vendors

  • Observe

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
Jun 2, 2026
signal_type
sec-10q
signal_subtype
dataInvestment

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This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/322aa5c8-1a06-4376-8b27-440ebea0e05c returns this record as JSON. POST /v1/companies/enrich returns every signal for snowflake.com.

{
  "signal_id": "322aa5c8-1a06-4376-8b27-440ebea0e05c",
  "signal_type": "sec-10q",
  "signal_subtype": "dataInvestment",
  "detected_at": "2026-06-02T08:18:25.978+00:00",
  "company": {
    "name": "Snowflake",
    "domain": "snowflake.com"
  },
  "data": {
    "detail": "The acquisition of Observe indicates a strategic expansion into the data observability market. This will likely trigger significant internal projects for technology integration and platform consolidation, creating opportunities for related software and services vendors.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Partial consideration for the acquisition was 1.5 million shares of common stock, the dollar value of which was not specified."
    },
    "summary": "Snowflake acquired observability company Observe in February 2026, issuing 1.5M shares as partial consideration.",
    "excerpts": "On February 2, 2026, we issued approximately 1.5 million shares of our common stock (Equity Consideration) to certain securityholders of Observe, pursuant to the terms of an agreement and plan of merger and reorganization, dated as of December 21, 2025, as partial consideration for our acquisition of all of the outstanding capital stock and certain other securities of Observe.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1640147/000164014726000030/snow-20260430.htm",
    "filing_date": "2026-05-29",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "04/30",
    "sales_relevance": "Target for data vendors",
    "signal_category": "technology",
    "vendors_mentioned": [
      "Observe"
    ]
  }
}

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