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Side-by-side financial comparison of CLOUDASTRUCTURE, INC. (CSAI) and Snap Inc (SNAP). Click either name above to swap in a different company.
Snap Inc is the larger business by last-quarter revenue ($1.7B vs $1.8M, roughly 960.0× CLOUDASTRUCTURE, INC.). Snap Inc runs the higher net margin — 2.6% vs -104.8%, a 107.4% gap on every dollar of revenue. Snap Inc produced more free cash flow last quarter ($205.6M vs $-1.3M).
Snap Inc. is an American technology company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown, based in Santa Monica, California. The company developed and maintains technological products and services, namely Snapchat, Spectacles, Bitmoji, and SnapBoost. The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, to include the Spectacles product under the company name.
CSAI vs SNAP — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $1.8M | $1.7B |
| Net Profit | $-1.9M | $45.2M |
| Gross Margin | 2.0% | 59.1% |
| Operating Margin | -101.0% | 2.9% |
| Net Margin | -104.8% | 2.6% |
| Revenue YoY | — | 10.2% |
| Net Profit YoY | — | 396.7% |
| EPS (diluted) | — | $0.03 |
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 | $1.8M | $1.7B | ||
| Q3 25 | $1.4M | $1.5B | ||
| Q2 25 | $1.1M | $1.3B | ||
| Q1 25 | $738.0K | $1.4B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $-1.9M | $45.2M | ||
| Q3 25 | $-2.1M | $-103.5M | ||
| Q2 25 | $-2.0M | $-262.6M | ||
| Q1 25 | $-2.5M | $-139.6M | ||
| Q4 24 | — | $9.1M | ||
| Q3 24 | — | $-153.2M | ||
| Q2 24 | — | $-248.6M | ||
| Q1 24 | — | $-305.1M |
| Q4 25 | 2.0% | 59.1% | ||
| Q3 25 | 49.7% | 55.3% | ||
| Q2 25 | 37.1% | 51.4% | ||
| Q1 25 | 44.7% | 53.1% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 52.4% | ||
| Q1 24 | — | 51.9% |
| Q4 25 | -101.0% | 2.9% | ||
| Q3 25 | -136.8% | -8.5% | ||
| Q2 25 | -176.2% | -19.3% | ||
| Q1 25 | -330.1% | -14.2% | ||
| Q4 24 | — | -1.7% | ||
| Q3 24 | — | -12.6% | ||
| Q2 24 | — | -20.5% | ||
| Q1 24 | — | -27.9% |
| Q4 25 | -104.8% | 2.6% | ||
| Q3 25 | -142.4% | -6.9% | ||
| Q2 25 | -184.5% | -19.5% | ||
| Q1 25 | -340.5% | -10.2% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | -11.2% | ||
| Q2 24 | — | -20.1% | ||
| Q1 24 | — | -25.5% |
| Q4 25 | — | $0.03 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $-0.09 | ||
| Q2 24 | — | $-0.15 | ||
| Q1 24 | — | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.5M | $2.9B |
| Total DebtLower is stronger | — | $3.5B |
| Stockholders' EquityBook value | $8.9M | $2.3B |
| Total Assets | $10.1M | $7.7B |
| Debt / EquityLower = less leverage | — | 1.55× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.5M | $2.9B | ||
| Q3 25 | $6.4M | $3.0B | ||
| Q2 25 | $7.7M | $2.9B | ||
| Q1 25 | $6.9M | $3.2B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $2.9B |
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.3B |
| Q4 25 | $8.9M | $2.3B | ||
| Q3 25 | $6.8M | $2.2B | ||
| Q2 25 | $8.1M | $2.1B | ||
| Q1 25 | $6.8M | $2.3B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.1B |
| Q4 25 | $10.1M | $7.7B | ||
| Q3 25 | $8.7M | $7.6B | ||
| Q2 25 | $9.1M | $7.4B | ||
| Q1 25 | $8.0M | $7.6B | ||
| Q4 24 | — | $7.9B | ||
| Q3 24 | — | $7.6B | ||
| Q2 24 | — | $7.4B | ||
| Q1 24 | — | $7.2B |
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 1.55× |
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 | $-1.3M | $269.6M |
| Free Cash FlowOCF − Capex | $-1.3M | $205.6M |
| FCF MarginFCF / Revenue | -73.7% | 12.0% |
| Capex IntensityCapex / Revenue | 3.3% | 3.7% |
| Cash ConversionOCF / Net Profit | — | 5.96× |
| TTM Free Cash FlowTrailing 4 quarters | $-7.2M | $437.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.3M | $269.6M | ||
| Q3 25 | $-1.4M | $146.5M | ||
| Q2 25 | $-1.8M | $88.5M | ||
| Q1 25 | $-2.5M | $151.6M | ||
| Q4 24 | — | $230.6M | ||
| Q3 24 | — | $115.9M | ||
| Q2 24 | — | $-21.4M | ||
| Q1 24 | — | $88.4M |
| Q4 25 | $-1.3M | $205.6M | ||
| Q3 25 | $-1.5M | $93.4M | ||
| Q2 25 | $-1.9M | $23.8M | ||
| Q1 25 | $-2.5M | $114.4M | ||
| Q4 24 | — | $182.4M | ||
| Q3 24 | — | $71.8M | ||
| Q2 24 | — | $-73.4M | ||
| Q1 24 | — | $37.9M |
| Q4 25 | -73.7% | 12.0% | ||
| Q3 25 | -100.6% | 6.2% | ||
| Q2 25 | -178.2% | 1.8% | ||
| Q1 25 | -340.7% | 8.4% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | -5.9% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | 3.3% | 3.7% | ||
| Q3 25 | 7.3% | 3.5% | ||
| Q2 25 | 11.0% | 4.8% | ||
| Q1 25 | 4.1% | 2.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 4.2% | ||
| Q1 24 | — | 4.2% |
| Q4 25 | — | 5.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 25.34× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSAI
Segment breakdown not available.
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |