Is it Really ARR? In 2021+, Yes. As Long As NRR is > 100%
SaaStr
APRIL 24, 2021
First, Snowflake rolls its large customers into fixed comittments (as does AWS and many others), and bills them in advance. In 2021+, Yes. That ends up acting a lot like a traditional SaaS software contract at a practical level. And second, it blends together to a stunning 162% NRR. Call it ARR. Close enough, in any event.
Let's personalize your content