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Side-by-side financial comparison of FTI CONSULTING, INC (FCN) 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 $990.7M, roughly 1.7× FTI CONSULTING, INC). FTI CONSULTING, INC runs the higher net margin — 5.5% vs 2.6%, a 2.9% gap on every dollar of revenue. On growth, FTI CONSULTING, INC posted the faster year-over-year revenue change (10.7% vs 10.2%). FTI CONSULTING, INC produced more free cash flow last quarter ($351.4M vs $205.6M). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% CAGR vs 3.3%).

FTI Consulting is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, technology and strategy consulting. FTI Consulting employs more than 7,700 staff in 31 countries and is one of the largest financial consulting firms worldwide.

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.

FCN vs SNAP — Head-to-Head

Bigger by revenue
SNAP
SNAP
1.7× larger
SNAP
$1.7B
$990.7M
FCN
Growing faster (revenue YoY)
FCN
FCN
+0.5% gap
FCN
10.7%
10.2%
SNAP
Higher net margin
FCN
FCN
2.9% more per $
FCN
5.5%
2.6%
SNAP
More free cash flow
FCN
FCN
$145.8M more FCF
FCN
$351.4M
$205.6M
SNAP
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
3.3%
FCN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FCN
FCN
SNAP
SNAP
Revenue
$990.7M
$1.7B
Net Profit
$54.5M
$45.2M
Gross Margin
31.1%
59.1%
Operating Margin
9.4%
2.9%
Net Margin
5.5%
2.6%
Revenue YoY
10.7%
10.2%
Net Profit YoY
9.7%
396.7%
EPS (diluted)
$1.77
$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.

Revenue
FCN
FCN
SNAP
SNAP
Q4 25
$990.7M
$1.7B
Q3 25
$956.2M
$1.5B
Q2 25
$943.7M
$1.3B
Q1 25
$898.3M
$1.4B
Q4 24
$894.9M
$1.6B
Q3 24
$926.0M
$1.4B
Q2 24
$949.2M
$1.2B
Q1 24
$928.6M
$1.2B
Net Profit
FCN
FCN
SNAP
SNAP
Q4 25
$54.5M
$45.2M
Q3 25
$82.8M
$-103.5M
Q2 25
$71.7M
$-262.6M
Q1 25
$61.8M
$-139.6M
Q4 24
$49.7M
$9.1M
Q3 24
$66.5M
$-153.2M
Q2 24
$83.9M
$-248.6M
Q1 24
$80.0M
$-305.1M
Gross Margin
FCN
FCN
SNAP
SNAP
Q4 25
31.1%
59.1%
Q3 25
33.3%
55.3%
Q2 25
32.1%
51.4%
Q1 25
32.2%
53.1%
Q4 24
30.2%
56.9%
Q3 24
32.2%
53.5%
Q2 24
32.8%
52.4%
Q1 24
32.6%
51.9%
Operating Margin
FCN
FCN
SNAP
SNAP
Q4 25
9.4%
2.9%
Q3 25
12.3%
-8.5%
Q2 25
10.5%
-19.3%
Q1 25
8.8%
-14.2%
Q4 24
5.9%
-1.7%
Q3 24
9.8%
-12.6%
Q2 24
11.0%
-20.5%
Q1 24
10.7%
-27.9%
Net Margin
FCN
FCN
SNAP
SNAP
Q4 25
5.5%
2.6%
Q3 25
8.7%
-6.9%
Q2 25
7.6%
-19.5%
Q1 25
6.9%
-10.2%
Q4 24
5.6%
0.6%
Q3 24
7.2%
-11.2%
Q2 24
8.8%
-20.1%
Q1 24
8.6%
-25.5%
EPS (diluted)
FCN
FCN
SNAP
SNAP
Q4 25
$1.77
$0.03
Q3 25
$2.60
$-0.06
Q2 25
$2.13
$-0.16
Q1 25
$1.74
$-0.08
Q4 24
$1.39
$0.01
Q3 24
$1.85
$-0.09
Q2 24
$2.34
$-0.15
Q1 24
$2.23
$-0.19

Balance Sheet & Financial Strength

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

Metric
FCN
FCN
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$265.1M
$2.9B
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$1.7B
$2.3B
Total Assets
$3.5B
$7.7B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCN
FCN
SNAP
SNAP
Q4 25
$265.1M
$2.9B
Q3 25
$146.0M
$3.0B
Q2 25
$152.8M
$2.9B
Q1 25
$151.1M
$3.2B
Q4 24
$660.5M
$3.4B
Q3 24
$386.3M
$3.2B
Q2 24
$226.4M
$3.1B
Q1 24
$244.0M
$2.9B
Total Debt
FCN
FCN
SNAP
SNAP
Q4 25
$3.5B
Q3 25
$3.5B
Q2 25
$3.6B
Q1 25
$3.6B
Q4 24
$0
$3.6B
Q3 24
$3.6B
Q2 24
$60.0M
$3.6B
Q1 24
$205.0M
$3.3B
Stockholders' Equity
FCN
FCN
SNAP
SNAP
Q4 25
$1.7B
$2.3B
Q3 25
$1.7B
$2.2B
Q2 25
$1.9B
$2.1B
Q1 25
$2.1B
$2.3B
Q4 24
$2.3B
$2.5B
Q3 24
$2.3B
$2.2B
Q2 24
$2.1B
$2.1B
Q1 24
$2.1B
$2.1B
Total Assets
FCN
FCN
SNAP
SNAP
Q4 25
$3.5B
$7.7B
Q3 25
$3.5B
$7.6B
Q2 25
$3.5B
$7.4B
Q1 25
$3.3B
$7.6B
Q4 24
$3.6B
$7.9B
Q3 24
$3.5B
$7.6B
Q2 24
$3.4B
$7.4B
Q1 24
$3.3B
$7.2B
Debt / Equity
FCN
FCN
SNAP
SNAP
Q4 25
1.55×
Q3 25
1.59×
Q2 25
1.73×
Q1 25
1.56×
Q4 24
0.00×
1.49×
Q3 24
1.65×
Q2 24
0.03×
1.76×
Q1 24
0.10×
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
FCN
FCN
SNAP
SNAP
Operating Cash FlowLast quarter
$359.8M
$269.6M
Free Cash FlowOCF − Capex
$351.4M
$205.6M
FCF MarginFCF / Revenue
35.5%
12.0%
Capex IntensityCapex / Revenue
0.8%
3.7%
Cash ConversionOCF / Net Profit
6.60×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$93.6M
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCN
FCN
SNAP
SNAP
Q4 25
$359.8M
$269.6M
Q3 25
$201.9M
$146.5M
Q2 25
$55.7M
$88.5M
Q1 25
$-465.2M
$151.6M
Q4 24
$315.3M
$230.6M
Q3 24
$219.4M
$115.9M
Q2 24
$135.2M
$-21.4M
Q1 24
$-274.8M
$88.4M
Free Cash Flow
FCN
FCN
SNAP
SNAP
Q4 25
$351.4M
$205.6M
Q3 25
$187.0M
$93.4M
Q2 25
$38.3M
$23.8M
Q1 25
$-483.0M
$114.4M
Q4 24
$301.6M
$182.4M
Q3 24
$212.3M
$71.8M
Q2 24
$125.2M
$-73.4M
Q1 24
$-279.5M
$37.9M
FCF Margin
FCN
FCN
SNAP
SNAP
Q4 25
35.5%
12.0%
Q3 25
19.6%
6.2%
Q2 25
4.1%
1.8%
Q1 25
-53.8%
8.4%
Q4 24
33.7%
11.7%
Q3 24
22.9%
5.2%
Q2 24
13.2%
-5.9%
Q1 24
-30.1%
3.2%
Capex Intensity
FCN
FCN
SNAP
SNAP
Q4 25
0.8%
3.7%
Q3 25
1.6%
3.5%
Q2 25
1.8%
4.8%
Q1 25
2.0%
2.7%
Q4 24
1.5%
3.1%
Q3 24
0.8%
3.2%
Q2 24
1.1%
4.2%
Q1 24
0.5%
4.2%
Cash Conversion
FCN
FCN
SNAP
SNAP
Q4 25
6.60×
5.96×
Q3 25
2.44×
Q2 25
0.78×
Q1 25
-7.52×
Q4 24
6.34×
25.34×
Q3 24
3.30×
Q2 24
1.61×
Q1 24
-3.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FCN
FCN

Corporate Finance Segment$423.2M43%
Forensic And Litigation Consulting$192.9M19%
Economic Consulting$176.2M18%
Strategic Communications$99.4M10%
Other$99.0M10%

SNAP
SNAP

Advertising Revenue$1.5B86%
Other Revenue$231.9M14%

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