vs
Side-by-side financial comparison of COMERICA INC (CMA) 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 $838.0M, roughly 1.4× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs -24.2%, a 45.2% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 25.1%).
Comerica Incorporated is an American financial services company, headquartered in Dallas, Texas. It is the parent of Comerica Bank, a regional commercial bank with 413 branches in the U.S. states of Texas, Michigan, California, Florida and Arizona. Comerica is among the largest U.S. financial holding companies, with offices in a number of U.S. cities.
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.
CMA vs SNOW — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $1.2B |
| Net Profit | $176.0M | $-294.0M |
| Gross Margin | — | 67.8% |
| Operating Margin | — | -27.2% |
| Net Margin | 21.0% | -24.2% |
| Revenue YoY | 3.3% | 28.7% |
| Net Profit YoY | -4.3% | 9.4% |
| EPS (diluted) | $1.35 | $-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.
| Q4 25 | — | $1.2B | ||
| Q3 25 | $838.0M | $1.1B | ||
| Q2 25 | $849.0M | $1.0B | ||
| Q1 25 | $829.0M | $986.8M | ||
| Q4 24 | $825.0M | $942.1M | ||
| Q3 24 | $811.0M | $868.8M | ||
| Q2 24 | $824.0M | $828.7M | ||
| Q1 24 | $784.0M | $774.7M |
| Q4 25 | — | $-294.0M | ||
| Q3 25 | $176.0M | $-298.0M | ||
| Q2 25 | $199.0M | $-430.1M | ||
| Q1 25 | $172.0M | $-327.5M | ||
| Q4 24 | $170.0M | $-324.3M | ||
| Q3 24 | $184.0M | $-316.9M | ||
| Q2 24 | $206.0M | $-317.0M | ||
| Q1 24 | $138.0M | $-169.4M |
| 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 24 | — | 68.8% |
| Q4 25 | — | -27.2% | ||
| Q3 25 | — | -29.7% | ||
| Q2 25 | — | -42.9% | ||
| Q1 25 | — | -39.2% | ||
| Q4 24 | — | -38.8% | ||
| Q3 24 | — | -40.9% | ||
| Q2 24 | — | -42.1% | ||
| Q1 24 | — | -35.6% |
| Q4 25 | — | -24.2% | ||
| Q3 25 | 21.0% | -26.0% | ||
| Q2 25 | 23.4% | -41.3% | ||
| Q1 25 | 20.7% | -33.2% | ||
| Q4 24 | 20.6% | -34.4% | ||
| Q3 24 | 22.7% | -36.5% | ||
| Q2 24 | 25.0% | -38.3% | ||
| Q1 24 | 17.6% | -21.9% |
| Q4 25 | — | $-0.87 | ||
| Q3 25 | $1.35 | $-0.89 | ||
| Q2 25 | $1.42 | $-1.29 | ||
| Q1 25 | $1.25 | $-0.98 | ||
| Q4 24 | $1.22 | $-0.98 | ||
| Q3 24 | $1.33 | $-0.95 | ||
| Q2 24 | $1.49 | $-0.95 | ||
| Q1 24 | $0.98 | $-0.51 |
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 | $5.4B | — |
| Stockholders' EquityBook value | $7.4B | $2.1B |
| Total Assets | $77.4B | $8.2B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.8B |
| Q4 25 | — | — | ||
| Q3 25 | $5.4B | — | ||
| Q2 25 | $5.8B | — | ||
| Q1 25 | $5.7B | — | ||
| Q4 24 | $6.7B | — | ||
| Q3 24 | $6.8B | — | ||
| Q2 24 | $7.1B | — | ||
| Q1 24 | $7.1B | — |
| Q4 25 | — | $2.1B | ||
| Q3 25 | $7.4B | $2.4B | ||
| Q2 25 | $6.9B | $2.4B | ||
| Q1 25 | $7.1B | $3.0B | ||
| Q4 24 | $6.5B | $2.9B | ||
| Q3 24 | $7.4B | $4.1B | ||
| Q2 24 | $6.2B | $4.6B | ||
| Q1 24 | $6.0B | $5.2B |
| Q4 25 | — | $8.2B | ||
| Q3 25 | $77.4B | $8.2B | ||
| Q2 25 | $78.0B | $8.2B | ||
| Q1 25 | $77.6B | $9.0B | ||
| Q4 24 | $79.3B | $8.2B | ||
| Q3 24 | $79.7B | $6.9B | ||
| Q2 24 | $79.6B | $7.3B | ||
| Q1 24 | $79.4B | $8.2B |
| Q4 25 | — | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.84× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 0.92× | — | ||
| Q2 24 | 1.15× | — | ||
| Q1 24 | 1.18× | — |
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 | $-270.0M | $137.5M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | -1.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $137.5M | ||
| Q3 25 | $-270.0M | $74.9M | ||
| Q2 25 | $476.0M | $228.4M | ||
| Q1 25 | $273.0M | $432.7M | ||
| Q4 24 | $601.0M | $101.7M | ||
| Q3 24 | $1.0B | $69.9M | ||
| Q2 24 | $111.0M | $355.5M | ||
| Q1 24 | $-205.0M | $344.6M |
| 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 |
| 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% |
| 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% |
| Q4 25 | — | — | ||
| Q3 25 | -1.53× | — | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 5.70× | — | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | -1.49× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
Segment breakdown not available.
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
