vs

Side-by-side financial comparison of Athene Holding Ltd. (ATHS) and SharkNinja, Inc. (SN). Click either name above to swap in a different company.

Athene Holding Ltd. is the larger business by last-quarter revenue ($8.1B vs $5.5B, roughly 1.5× SharkNinja, Inc.). On growth, Athene Holding Ltd. posted the faster year-over-year revenue change (115.1% vs 30.0%).

Athene Holding Ltd. is a leading US-focused retirement services provider. It offers fixed, indexed and variable annuity products plus tailored retirement savings solutions for individual consumers and institutional clients, aiming to help customers secure long-term financial stability for their retirement.

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

ATHS vs SN — Head-to-Head

Bigger by revenue
ATHS
ATHS
1.5× larger
ATHS
$8.1B
$5.5B
SN
Growing faster (revenue YoY)
ATHS
ATHS
+85.1% gap
ATHS
115.1%
30.0%
SN

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
ATHS
ATHS
SN
SN
Revenue
$8.1B
$5.5B
Net Profit
$523.0M
Gross Margin
48.1%
Operating Margin
16.9%
11.7%
Net Margin
6.4%
Revenue YoY
115.1%
30.0%
Net Profit YoY
-48.5%
EPS (diluted)
$3.11

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
ATHS
ATHS
SN
SN
Q4 25
$8.1B
Q3 25
$8.0B
Q2 25
$5.4B
Q1 25
$4.2B
Q4 24
$3.8B
$5.5B
Q3 24
$6.5B
Q2 24
$4.7B
Q1 24
$5.7B
Net Profit
ATHS
ATHS
SN
SN
Q4 25
$523.0M
Q3 25
$1.3B
Q2 25
$464.0M
Q1 25
$465.0M
Q4 24
$1.0B
Q3 24
$625.0M
Q2 24
$629.0M
Q1 24
$1.2B
Gross Margin
ATHS
ATHS
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
48.1%
Q3 24
Q2 24
Q1 24
Operating Margin
ATHS
ATHS
SN
SN
Q4 25
16.9%
Q3 25
26.8%
Q2 25
12.2%
Q1 25
22.3%
Q4 24
30.4%
11.7%
Q3 24
25.7%
Q2 24
22.0%
Q1 24
31.1%
Net Margin
ATHS
ATHS
SN
SN
Q4 25
6.4%
Q3 25
15.7%
Q2 25
8.7%
Q1 25
11.1%
Q4 24
26.8%
Q3 24
9.6%
Q2 24
13.5%
Q1 24
20.8%
EPS (diluted)
ATHS
ATHS
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$3.11
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
ATHS
ATHS
SN
SN
Cash + ST InvestmentsLiquidity on hand
$363.7M
Total DebtLower is stronger
$7.8B
Stockholders' EquityBook value
$20.5B
$1.9B
Total Assets
$442.2B
$4.4B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATHS
ATHS
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$363.7M
Q3 24
Q2 24
Q1 24
$15.3B
Total Debt
ATHS
ATHS
SN
SN
Q4 25
$7.8B
Q3 25
$7.9B
Q2 25
$7.9B
Q1 25
$6.3B
Q4 24
$6.3B
Q3 24
$5.7B
Q2 24
$5.7B
Q1 24
$5.7B
Stockholders' Equity
ATHS
ATHS
SN
SN
Q4 25
$20.5B
Q3 25
$20.4B
Q2 25
$18.1B
Q1 25
$17.5B
Q4 24
$16.4B
$1.9B
Q3 24
$17.4B
Q2 24
$15.0B
Q1 24
$14.8B
Total Assets
ATHS
ATHS
SN
SN
Q4 25
$442.2B
Q3 25
$429.9B
Q2 25
$405.3B
Q1 25
$381.5B
Q4 24
$363.3B
$4.4B
Q3 24
$355.0B
Q2 24
$332.6B
Q1 24
$320.6B
Debt / Equity
ATHS
ATHS
SN
SN
Q4 25
0.38×
Q3 25
0.38×
Q2 25
0.43×
Q1 25
0.36×
Q4 24
0.39×
Q3 24
0.33×
Q2 24
0.38×
Q1 24
0.39×

Cash Flow & Capital Efficiency

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

Metric
ATHS
ATHS
SN
SN
Operating Cash FlowLast quarter
$3.0B
$446.6M
Free Cash FlowOCF − Capex
$308.9M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
5.82×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATHS
ATHS
SN
SN
Q4 25
$3.0B
Q3 25
$636.0M
Q2 25
$1.1B
Q1 25
$426.0M
Q4 24
$386.0M
$446.6M
Q3 24
$780.0M
Q2 24
$525.0M
Q1 24
$185.0M
Free Cash Flow
ATHS
ATHS
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$308.9M
Q3 24
Q2 24
Q1 24
FCF Margin
ATHS
ATHS
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
5.6%
Q3 24
Q2 24
Q1 24
Capex Intensity
ATHS
ATHS
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.5%
Q3 24
Q2 24
Q1 24
Cash Conversion
ATHS
ATHS
SN
SN
Q4 25
5.82×
Q3 25
0.51×
Q2 25
2.28×
Q1 25
0.92×
Q4 24
0.38×
Q3 24
1.25×
Q2 24
0.83×
Q1 24
0.16×

Financial Flow Comparison

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

Related Comparisons