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Side-by-side financial comparison of Airship AI Holdings, Inc. (AISP) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.

Snowflake Inc. is the larger business by last-quarter revenue ($1.2B vs $6.5M, roughly 186.8× Airship AI Holdings, Inc.). Airship AI Holdings, Inc. runs the higher net margin — 353.6% vs -24.2%, a 377.8% gap on every dollar of revenue. On growth, Airship AI Holdings, Inc. posted the faster year-over-year revenue change (102.5% vs 28.7%). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs -21.6%).

Airship Industries was a British manufacturers of modern non-rigid airships (blimps) active under that name from 1980 to 1990 and controlled for part of that time by Alan Bond. The first company, Aerospace Developments, was founded in 1970, and a successor, Hybrid Air Vehicles, remains active as of 2022. Airship Industries itself was active between 1980 and 1990.

Snowflake Inc. is an American cloud-based data platform company founded in San Mateo, California, and headquartered in Bozeman, Montana. It operates a platform that supports data analysis and simultaneous access to data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

AISP vs SNOW — Head-to-Head

Bigger by revenue
SNOW
SNOW
186.8× larger
SNOW
$1.2B
$6.5M
AISP
Growing faster (revenue YoY)
AISP
AISP
+73.8% gap
AISP
102.5%
28.7%
SNOW
Higher net margin
AISP
AISP
377.8% more per $
AISP
353.6%
-24.2%
SNOW
Faster 2-yr revenue CAGR
SNOW
SNOW
Annualised
SNOW
25.1%
-21.6%
AISP

Income Statement — Q4 2025 vs Q3 2026

Metric
AISP
AISP
SNOW
SNOW
Revenue
$6.5M
$1.2B
Net Profit
$23.0M
$-294.0M
Gross Margin
51.2%
67.8%
Operating Margin
-9.4%
-27.2%
Net Margin
353.6%
-24.2%
Revenue YoY
102.5%
28.7%
Net Profit YoY
145.8%
9.4%
EPS (diluted)
$0.75
$-0.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AISP
AISP
SNOW
SNOW
Q4 25
$6.5M
$1.2B
Q3 25
$1.2M
$1.1B
Q2 25
$2.1M
$1.0B
Q1 25
$5.5M
$986.8M
Q4 24
$3.2M
$942.1M
Q3 24
$2.9M
$868.8M
Q2 24
$6.4M
$828.7M
Q1 24
$10.6M
$774.7M
Net Profit
AISP
AISP
SNOW
SNOW
Q4 25
$23.0M
$-294.0M
Q3 25
$6.4M
$-298.0M
Q2 25
$-23.8M
$-430.1M
Q1 25
$23.7M
$-327.5M
Q4 24
$-50.2M
$-324.3M
Q3 24
$6.2M
$-316.9M
Q2 24
$18.5M
$-317.0M
Q1 24
$-32.0M
$-169.4M
Gross Margin
AISP
AISP
SNOW
SNOW
Q4 25
51.2%
67.8%
Q3 25
51.3%
67.5%
Q2 25
71.4%
66.5%
Q1 25
40.6%
66.2%
Q4 24
38.6%
65.9%
Q3 24
75.1%
66.8%
Q2 24
70.4%
67.1%
Q1 24
24.9%
68.8%
Operating Margin
AISP
AISP
SNOW
SNOW
Q4 25
-9.4%
-27.2%
Q3 25
-243.5%
-29.7%
Q2 25
-94.2%
-42.9%
Q1 25
-31.2%
-39.2%
Q4 24
-46.5%
-38.8%
Q3 24
-55.4%
-40.9%
Q2 24
15.3%
-42.1%
Q1 24
-13.3%
-35.6%
Net Margin
AISP
AISP
SNOW
SNOW
Q4 25
353.6%
-24.2%
Q3 25
544.4%
-26.0%
Q2 25
-1106.6%
-41.3%
Q1 25
430.8%
-33.2%
Q4 24
-1564.8%
-34.4%
Q3 24
216.7%
-36.5%
Q2 24
288.4%
-38.3%
Q1 24
-302.3%
-21.9%
EPS (diluted)
AISP
AISP
SNOW
SNOW
Q4 25
$0.75
$-0.87
Q3 25
$0.15
$-0.89
Q2 25
$-0.75
$-1.29
Q1 25
$0.61
$-0.98
Q4 24
$-1.72
$-0.98
Q3 24
$0.17
$-0.95
Q2 24
$0.61
$-0.95
Q1 24
$-1.40
$-0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AISP
AISP
SNOW
SNOW
Cash + ST InvestmentsLiquidity on hand
$11.8M
$1.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$-7.1M
$2.1B
Total Assets
$19.5M
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AISP
AISP
SNOW
SNOW
Q4 25
$11.8M
$1.9B
Q3 25
$5.8M
$1.9B
Q2 25
$6.3M
$2.2B
Q1 25
$8.8M
$2.6B
Q4 24
$11.4M
$2.1B
Q3 24
$6.5M
$1.3B
Q2 24
$226.8K
$1.3B
Q1 24
$1.7M
$1.8B
Stockholders' Equity
AISP
AISP
SNOW
SNOW
Q4 25
$-7.1M
$2.1B
Q3 25
$-40.1M
$2.4B
Q2 25
$-46.9M
$2.4B
Q1 25
$-23.5M
$3.0B
Q4 24
$-53.0M
$2.9B
Q3 24
$-12.9M
$4.1B
Q2 24
$-28.0M
$4.6B
Q1 24
$-48.1M
$5.2B
Total Assets
AISP
AISP
SNOW
SNOW
Q4 25
$19.5M
$8.2B
Q3 25
$8.1M
$8.2B
Q2 25
$10.1M
$8.2B
Q1 25
$12.9M
$9.0B
Q4 24
$13.7M
$8.2B
Q3 24
$9.1M
$6.9B
Q2 24
$5.3M
$7.3B
Q1 24
$4.7M
$8.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AISP
AISP
SNOW
SNOW
Operating Cash FlowLast quarter
$-3.5M
$137.5M
Free Cash FlowOCF − Capex
$113.6M
FCF MarginFCF / Revenue
9.4%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
-0.15×
TTM Free Cash FlowTrailing 4 quarters
$776.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AISP
AISP
SNOW
SNOW
Q4 25
$-3.5M
$137.5M
Q3 25
$-583.6K
$74.9M
Q2 25
$-1.8M
$228.4M
Q1 25
$-2.1M
$432.7M
Q4 24
$-2.1M
$101.7M
Q3 24
$-251.4K
$69.9M
Q2 24
$-2.5M
$355.5M
Q1 24
$-1.7M
$344.6M
Free Cash Flow
AISP
AISP
SNOW
SNOW
Q4 25
$113.6M
Q3 25
$58.2M
Q2 25
$183.4M
Q1 25
$421.4M
Q4 24
$88.3M
Q3 24
$64.8M
Q2 24
$338.9M
Q1 24
$331.5M
FCF Margin
AISP
AISP
SNOW
SNOW
Q4 25
9.4%
Q3 25
5.1%
Q2 25
17.6%
Q1 25
42.7%
Q4 24
9.4%
Q3 24
7.5%
Q2 24
40.9%
Q1 24
42.8%
Capex Intensity
AISP
AISP
SNOW
SNOW
Q4 25
2.0%
Q3 25
1.5%
Q2 25
4.3%
Q1 25
1.1%
Q4 24
1.4%
Q3 24
0.6%
Q2 24
2.0%
Q1 24
1.7%
Cash Conversion
AISP
AISP
SNOW
SNOW
Q4 25
-0.15×
Q3 25
-0.09×
Q2 25
Q1 25
-0.09×
Q4 24
Q3 24
-0.04×
Q2 24
-0.13×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AISP
AISP

Segment breakdown not available.

SNOW
SNOW

Products$1.2B96%
Professional Services And Other$54.5M4%
Related Party$6.7M1%

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