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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Snap Inc (SNAP). Click either name above to swap in a different company.

F&G Annuities & Life, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.7B, roughly 1.0× Snap Inc). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs 2.6%, a 4.6% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 10.2%). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% CAGR vs 6.1%).

F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.

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.

FG vs SNAP — Head-to-Head

Bigger by revenue
FG
FG
1.0× larger
FG
$1.8B
$1.7B
SNAP
Growing faster (revenue YoY)
FG
FG
+3.0% gap
FG
13.2%
10.2%
SNAP
Higher net margin
FG
FG
4.6% more per $
FG
7.3%
2.6%
SNAP
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
6.1%
FG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FG
FG
SNAP
SNAP
Revenue
$1.8B
$1.7B
Net Profit
$128.0M
$45.2M
Gross Margin
59.1%
Operating Margin
2.9%
Net Margin
7.3%
2.6%
Revenue YoY
13.2%
10.2%
Net Profit YoY
-60.9%
396.7%
EPS (diluted)
$0.97
$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
FG
FG
SNAP
SNAP
Q4 25
$1.8B
$1.7B
Q3 25
$1.7B
$1.5B
Q2 25
$1.4B
$1.3B
Q1 25
$908.0M
$1.4B
Q4 24
$1.6B
$1.6B
Q3 24
$1.4B
$1.4B
Q2 24
$1.2B
$1.2B
Q1 24
$1.6B
$1.2B
Net Profit
FG
FG
SNAP
SNAP
Q4 25
$128.0M
$45.2M
Q3 25
$118.0M
$-103.5M
Q2 25
$40.0M
$-262.6M
Q1 25
$-21.0M
$-139.6M
Q4 24
$327.0M
$9.1M
Q3 24
$-6.0M
$-153.2M
Q2 24
$203.0M
$-248.6M
Q1 24
$115.0M
$-305.1M
Gross Margin
FG
FG
SNAP
SNAP
Q4 25
59.1%
Q3 25
55.3%
Q2 25
51.4%
Q1 25
53.1%
Q4 24
56.9%
Q3 24
53.5%
Q2 24
52.4%
Q1 24
51.9%
Operating Margin
FG
FG
SNAP
SNAP
Q4 25
2.9%
Q3 25
-8.5%
Q2 25
-19.3%
Q1 25
-14.2%
Q4 24
-1.7%
Q3 24
-12.6%
Q2 24
-20.5%
Q1 24
-27.9%
Net Margin
FG
FG
SNAP
SNAP
Q4 25
7.3%
2.6%
Q3 25
7.0%
-6.9%
Q2 25
2.9%
-19.5%
Q1 25
-2.3%
-10.2%
Q4 24
21.0%
0.6%
Q3 24
-0.4%
-11.2%
Q2 24
17.3%
-20.1%
Q1 24
7.3%
-25.5%
EPS (diluted)
FG
FG
SNAP
SNAP
Q4 25
$0.97
$0.03
Q3 25
$0.85
$-0.06
Q2 25
$0.26
$-0.16
Q1 25
$-0.20
$-0.08
Q4 24
$2.53
$0.01
Q3 24
$-0.08
$-0.09
Q2 24
$1.55
$-0.15
Q1 24
$0.88
$-0.19

Balance Sheet & Financial Strength

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

Metric
FG
FG
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$1.5B
$2.9B
Total DebtLower is stronger
$2.2B
$3.5B
Stockholders' EquityBook value
$4.8B
$2.3B
Total Assets
$98.4B
$7.7B
Debt / EquityLower = less leverage
0.47×
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
SNAP
SNAP
Q4 25
$1.5B
$2.9B
Q3 25
$2.2B
$3.0B
Q2 25
$1.9B
$2.9B
Q1 25
$3.3B
$3.2B
Q4 24
$2.3B
$3.4B
Q3 24
$3.5B
$3.2B
Q2 24
$3.5B
$3.1B
Q1 24
$2.4B
$2.9B
Total Debt
FG
FG
SNAP
SNAP
Q4 25
$2.2B
$3.5B
Q3 25
$2.2B
$3.5B
Q2 25
$2.2B
$3.6B
Q1 25
$2.2B
$3.6B
Q4 24
$2.2B
$3.6B
Q3 24
$2.0B
$3.6B
Q2 24
$2.0B
$3.6B
Q1 24
$1.7B
$3.3B
Stockholders' Equity
FG
FG
SNAP
SNAP
Q4 25
$4.8B
$2.3B
Q3 25
$4.8B
$2.2B
Q2 25
$4.4B
$2.1B
Q1 25
$4.4B
$2.3B
Q4 24
$4.0B
$2.5B
Q3 24
$4.3B
$2.2B
Q2 24
$3.7B
$2.1B
Q1 24
$3.5B
$2.1B
Total Assets
FG
FG
SNAP
SNAP
Q4 25
$98.4B
$7.7B
Q3 25
$96.1B
$7.6B
Q2 25
$91.8B
$7.4B
Q1 25
$88.0B
$7.6B
Q4 24
$85.0B
$7.9B
Q3 24
$84.1B
$7.6B
Q2 24
$78.5B
$7.4B
Q1 24
$74.4B
$7.2B
Debt / Equity
FG
FG
SNAP
SNAP
Q4 25
0.47×
1.55×
Q3 25
0.46×
1.59×
Q2 25
0.50×
1.73×
Q1 25
0.51×
1.56×
Q4 24
0.55×
1.49×
Q3 24
0.47×
1.65×
Q2 24
0.56×
1.76×
Q1 24
0.49×
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
FG
FG
SNAP
SNAP
Operating Cash FlowLast quarter
$1.2B
$269.6M
Free Cash FlowOCF − Capex
$205.6M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
9.13×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
SNAP
SNAP
Q4 25
$1.2B
$269.6M
Q3 25
$937.0M
$146.5M
Q2 25
$1.6B
$88.5M
Q1 25
$956.0M
$151.6M
Q4 24
$1.3B
$230.6M
Q3 24
$2.1B
$115.9M
Q2 24
$1.1B
$-21.4M
Q1 24
$1.5B
$88.4M
Free Cash Flow
FG
FG
SNAP
SNAP
Q4 25
$205.6M
Q3 25
$93.4M
Q2 25
$23.8M
Q1 25
$114.4M
Q4 24
$182.4M
Q3 24
$71.8M
Q2 24
$-73.4M
Q1 24
$37.9M
FCF Margin
FG
FG
SNAP
SNAP
Q4 25
12.0%
Q3 25
6.2%
Q2 25
1.8%
Q1 25
8.4%
Q4 24
11.7%
Q3 24
5.2%
Q2 24
-5.9%
Q1 24
3.2%
Capex Intensity
FG
FG
SNAP
SNAP
Q4 25
3.7%
Q3 25
3.5%
Q2 25
4.8%
Q1 25
2.7%
Q4 24
3.1%
Q3 24
3.2%
Q2 24
4.2%
Q1 24
4.2%
Cash Conversion
FG
FG
SNAP
SNAP
Q4 25
9.13×
5.96×
Q3 25
7.94×
Q2 25
40.50×
Q1 25
Q4 24
4.04×
25.34×
Q3 24
Q2 24
5.20×
Q1 24
13.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

SNAP
SNAP

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

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