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Side-by-side financial comparison of BOYD GAMING CORP (BYD) 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 $997.4M, roughly 1.2× BOYD GAMING CORP). BOYD GAMING CORP runs the higher net margin — 10.5% vs -24.2%, a 34.7% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 0.6%). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs 1.5%).
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
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.
BYD vs SNOW — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $997.4M | $1.2B |
| Net Profit | $104.3M | $-294.0M |
| Gross Margin | — | 67.8% |
| Operating Margin | 16.4% | -27.2% |
| Net Margin | 10.5% | -24.2% |
| Revenue YoY | 0.6% | 28.7% |
| Net Profit YoY | -5.9% | 9.4% |
| EPS (diluted) | $1.37 | $-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.
| Q1 26 | $997.4M | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.0B | $1.1B | ||
| Q2 25 | $1.0B | $1.0B | ||
| Q1 25 | $991.6M | $986.8M | ||
| Q4 24 | $1.0B | $942.1M | ||
| Q3 24 | $961.2M | $868.8M | ||
| Q2 24 | $967.5M | $828.7M |
| Q1 26 | $104.3M | — | ||
| Q4 25 | $140.4M | $-294.0M | ||
| Q3 25 | $1.4B | $-298.0M | ||
| Q2 25 | $151.5M | $-430.1M | ||
| Q1 25 | $111.4M | $-327.5M | ||
| Q4 24 | $170.5M | $-324.3M | ||
| Q3 24 | $131.1M | $-316.9M | ||
| Q2 24 | $139.8M | $-317.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 67.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | — | 66.5% | ||
| Q1 25 | — | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 66.8% | ||
| Q2 24 | — | 67.1% |
| Q1 26 | 16.4% | — | ||
| Q4 25 | 15.7% | -27.2% | ||
| Q3 25 | 13.9% | -29.7% | ||
| Q2 25 | 23.4% | -42.9% | ||
| Q1 25 | 20.2% | -39.2% | ||
| Q4 24 | 25.1% | -38.8% | ||
| Q3 24 | 22.9% | -40.9% | ||
| Q2 24 | 23.5% | -42.1% |
| Q1 26 | 10.5% | — | ||
| Q4 25 | 13.2% | -24.2% | ||
| Q3 25 | 143.4% | -26.0% | ||
| Q2 25 | 14.6% | -41.3% | ||
| Q1 25 | 11.2% | -33.2% | ||
| Q4 24 | 16.4% | -34.4% | ||
| Q3 24 | 13.6% | -36.5% | ||
| Q2 24 | 14.5% | -38.3% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $1.60 | $-0.87 | ||
| Q3 25 | $17.81 | $-0.89 | ||
| Q2 25 | $1.84 | $-1.29 | ||
| Q1 25 | $1.31 | $-0.98 | ||
| Q4 24 | $1.89 | $-0.98 | ||
| Q3 24 | $1.43 | $-0.95 | ||
| Q2 24 | $1.47 | $-0.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $2.1B |
| Total Assets | — | $8.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $353.4M | $1.9B | ||
| Q3 25 | $319.1M | $1.9B | ||
| Q2 25 | $320.1M | $2.2B | ||
| Q1 25 | $311.5M | $2.6B | ||
| Q4 24 | $316.7M | $2.1B | ||
| Q3 24 | $286.3M | $1.3B | ||
| Q2 24 | $280.8M | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.0B | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $2.1B | ||
| Q3 25 | $2.7B | $2.4B | ||
| Q2 25 | $1.4B | $2.4B | ||
| Q1 25 | $1.3B | $3.0B | ||
| Q4 24 | $1.6B | $2.9B | ||
| Q3 24 | $1.6B | $4.1B | ||
| Q2 24 | $1.7B | $4.6B |
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | $8.2B | ||
| Q3 25 | $6.5B | $8.2B | ||
| Q2 25 | $6.6B | $8.2B | ||
| Q1 25 | $6.5B | $9.0B | ||
| Q4 24 | $6.4B | $8.2B | ||
| Q3 24 | $6.3B | $6.9B | ||
| Q2 24 | $6.3B | $7.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.56× | — | ||
| Q1 25 | 2.61× | — | ||
| Q4 24 | 2.01× | — | ||
| Q3 24 | 1.88× | — | ||
| Q2 24 | 1.73× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $137.5M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | $137.5M | ||
| Q3 25 | $240.0M | $74.9M | ||
| Q2 25 | $205.0M | $228.4M | ||
| Q1 25 | $256.4M | $432.7M | ||
| Q4 24 | $262.1M | $101.7M | ||
| Q3 24 | $231.2M | $69.9M | ||
| Q2 24 | $213.1M | $355.5M |
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | $113.6M | ||
| Q3 25 | $94.4M | $58.2M | ||
| Q2 25 | $80.6M | $183.4M | ||
| Q1 25 | $86.5M | $421.4M | ||
| Q4 24 | $150.9M | $88.3M | ||
| Q3 24 | $146.0M | $64.8M | ||
| Q2 24 | $98.7M | $338.9M |
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 9.4% | ||
| Q3 25 | 9.4% | 5.1% | ||
| Q2 25 | 7.8% | 17.6% | ||
| Q1 25 | 8.7% | 42.7% | ||
| Q4 24 | 14.5% | 9.4% | ||
| Q3 24 | 15.2% | 7.5% | ||
| Q2 24 | 10.2% | 40.9% |
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 2.0% | ||
| Q3 25 | 14.5% | 1.5% | ||
| Q2 25 | 12.0% | 4.3% | ||
| Q1 25 | 17.1% | 1.1% | ||
| Q4 24 | 10.7% | 1.4% | ||
| Q3 24 | 8.9% | 0.6% | ||
| Q2 24 | 11.8% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 1.35× | — | ||
| Q1 25 | 2.30× | — | ||
| Q4 24 | 1.54× | — | ||
| Q3 24 | 1.76× | — | ||
| Q2 24 | 1.52× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BYD
| Gaming | $650.5M | 65% |
| Online reimbursements | $135.4M | 14% |
| Food & beverage | $75.8M | 8% |
| Other | $63.5M | 6% |
| Room | $45.9M | 5% |
| Management fee | $26.2M | 3% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
