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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and SailPoint, Inc. (SAIL). Click either name above to swap in a different company.

SailPoint, Inc. is the larger business by last-quarter revenue ($281.9M vs $143.8M, roughly 2.0× COHEN & STEERS, INC.). COHEN & STEERS, INC. runs the higher net margin — 24.3% vs -12.8%, a 37.0% gap on every dollar of revenue. On growth, SailPoint, Inc. posted the faster year-over-year revenue change (6.7% vs 2.9%). SailPoint, Inc. produced more free cash flow last quarter ($52.5M vs $-126.4M).

Cohen & Steers is an American investment management company. It focuses on investments in real estate securities via real estate investment trusts (REIT) and alternative income via preferred securities.

Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi designated as Maharatna CPSE. It is the largest government-owned steel producer, with an annual production of 18.29 million metric tons. Incorporated on 24 January 1973, SAIL has 51,351 employees and is under the administrative control of the Ministry of Steel.

CNS vs SAIL — Head-to-Head

Bigger by revenue
SAIL
SAIL
2.0× larger
SAIL
$281.9M
$143.8M
CNS
Growing faster (revenue YoY)
SAIL
SAIL
+3.8% gap
SAIL
6.7%
2.9%
CNS
Higher net margin
CNS
CNS
37.0% more per $
CNS
24.3%
-12.8%
SAIL
More free cash flow
SAIL
SAIL
$179.0M more FCF
SAIL
$52.5M
$-126.4M
CNS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CNS
CNS
SAIL
SAIL
Revenue
$143.8M
$281.9M
Net Profit
$34.9M
$-36.0M
Gross Margin
66.3%
Operating Margin
28.0%
-14.8%
Net Margin
24.3%
-12.8%
Revenue YoY
2.9%
6.7%
Net Profit YoY
-23.9%
-240.9%
EPS (diluted)
$0.67
$-0.06

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
CNS
CNS
SAIL
SAIL
Q4 25
$143.8M
$281.9M
Q3 25
$141.7M
$264.4M
Q2 25
$136.1M
$230.5M
Q1 25
$134.5M
$240.1M
Q4 24
$139.8M
Q3 24
$133.2M
$198.6M
Q2 24
$121.7M
$187.7M
Q1 24
$122.7M
Net Profit
CNS
CNS
SAIL
SAIL
Q4 25
$34.9M
$-36.0M
Q3 25
$41.7M
$-10.6M
Q2 25
$36.8M
$-187.3M
Q1 25
$39.8M
$-80.1M
Q4 24
$45.8M
Q3 24
$39.7M
$-87.1M
Q2 24
$31.8M
$-89.2M
Q1 24
$34.0M
Gross Margin
CNS
CNS
SAIL
SAIL
Q4 25
66.3%
Q3 25
67.3%
Q2 25
55.4%
Q1 25
66.5%
Q4 24
Q3 24
62.1%
Q2 24
61.5%
Q1 24
Operating Margin
CNS
CNS
SAIL
SAIL
Q4 25
28.0%
-14.8%
Q3 25
34.5%
-15.4%
Q2 25
31.8%
-80.3%
Q1 25
33.6%
-12.6%
Q4 24
35.3%
Q3 24
33.7%
-33.2%
Q2 24
31.5%
-36.3%
Q1 24
32.8%
Net Margin
CNS
CNS
SAIL
SAIL
Q4 25
24.3%
-12.8%
Q3 25
29.4%
-4.0%
Q2 25
27.1%
-81.3%
Q1 25
29.6%
-33.4%
Q4 24
32.8%
Q3 24
29.8%
-43.9%
Q2 24
26.1%
-47.5%
Q1 24
27.7%
EPS (diluted)
CNS
CNS
SAIL
SAIL
Q4 25
$0.67
$-0.06
Q3 25
$0.81
$-0.02
Q2 25
$0.72
$-0.42
Q1 25
$0.77
$-6.50
Q4 24
$0.89
Q3 24
$0.77
$-2.97
Q2 24
$0.63
$-0.77
Q1 24
$0.68

Balance Sheet & Financial Strength

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

Metric
CNS
CNS
SAIL
SAIL
Cash + ST InvestmentsLiquidity on hand
$145.5M
$298.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$562.0M
$6.8B
Total Assets
$876.7M
$7.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNS
CNS
SAIL
SAIL
Q4 25
$145.5M
$298.1M
Q3 25
$98.1M
$271.1M
Q2 25
$95.4M
$228.1M
Q1 25
$65.2M
$121.3M
Q4 24
$183.0M
Q3 24
$106.5M
$89.7M
Q2 24
$122.0M
$146.8M
Q1 24
$99.5M
Total Debt
CNS
CNS
SAIL
SAIL
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$1.0B
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CNS
CNS
SAIL
SAIL
Q4 25
$562.0M
$6.8B
Q3 25
$550.3M
$6.8B
Q2 25
$528.5M
$6.8B
Q1 25
$507.7M
$-5.6B
Q4 24
$511.7M
Q3 24
$491.0M
$-701.3M
Q2 24
$463.2M
$-622.5M
Q1 24
$378.9M
Total Assets
CNS
CNS
SAIL
SAIL
Q4 25
$876.7M
$7.5B
Q3 25
$801.6M
$7.4B
Q2 25
$751.0M
$7.4B
Q1 25
$834.9M
$7.4B
Q4 24
$812.4M
Q3 24
$727.8M
Q2 24
$784.1M
Q1 24
$680.7M
Debt / Equity
CNS
CNS
SAIL
SAIL
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CNS
CNS
SAIL
SAIL
Operating Cash FlowLast quarter
$-120.4M
$53.6M
Free Cash FlowOCF − Capex
$-126.4M
$52.5M
FCF MarginFCF / Revenue
-87.9%
18.6%
Capex IntensityCapex / Revenue
4.2%
0.4%
Cash ConversionOCF / Net Profit
-3.45×
TTM Free Cash FlowTrailing 4 quarters
$-253.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNS
CNS
SAIL
SAIL
Q4 25
$-120.4M
$53.6M
Q3 25
$55.1M
$49.9M
Q2 25
$-67.6M
$-96.8M
Q1 25
$-108.9M
Q4 24
$96.7M
Q3 24
$25.6M
Q2 24
$31.4M
$-55.4M
Q1 24
$4.9M
Free Cash Flow
CNS
CNS
SAIL
SAIL
Q4 25
$-126.4M
$52.5M
Q3 25
$52.6M
$49.0M
Q2 25
$-69.8M
$-99.0M
Q1 25
$-110.0M
Q4 24
$85.0M
Q3 24
$24.2M
Q2 24
$27.1M
$-56.0M
Q1 24
$537.0K
FCF Margin
CNS
CNS
SAIL
SAIL
Q4 25
-87.9%
18.6%
Q3 25
37.1%
18.5%
Q2 25
-51.3%
-43.0%
Q1 25
-81.8%
Q4 24
60.8%
Q3 24
18.2%
Q2 24
22.3%
-29.8%
Q1 24
0.4%
Capex Intensity
CNS
CNS
SAIL
SAIL
Q4 25
4.2%
0.4%
Q3 25
1.8%
0.4%
Q2 25
1.6%
1.0%
Q1 25
0.8%
Q4 24
8.3%
Q3 24
1.1%
Q2 24
3.5%
0.3%
Q1 24
3.5%
Cash Conversion
CNS
CNS
SAIL
SAIL
Q4 25
-3.45×
Q3 25
1.32×
Q2 25
-1.84×
Q1 25
-2.74×
Q4 24
2.11×
Q3 24
0.65×
Q2 24
0.99×
Q1 24
0.14×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNS
CNS

Segment breakdown not available.

SAIL
SAIL

Software As A Service Saa S$156.0M55%
Term Subscriptions Services$65.1M23%
Maintenance$38.0M13%
Other$15.7M6%
Other Subscription Services$7.1M3%

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