Databricks Widens the Lead on the Yellow Brick Token Path
Databricks reported $6.9B ARR and 80% annual growth, widening its revenue lead over Snowflake in enterprise data infrastructure.
Excerpt
<p>The gap between Databricks and Snowflake was $490m in March. It’s $1.6b today.</p>
<p>Databricks announced it has crossed $6.9b in annualized recurring revenue, up 80% year over year.<sup id="fnref:1"><a class="footnote-ref" href="https://tomtunguz.com/index.xml#fn:1">1</a></sup> Snowflake’s latest quarter puts them at roughly $5.3b ARR, up 34%.</p>
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<p>Each quarter adds more distance.</p>
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Read at source: https://www.tomtunguz.com/databricks-widens-lead/