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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Snowflake Inc. (SNOW). 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 $1.2B, roughly 1.5× Snowflake Inc.). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs -24.2%, a 31.5% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 13.2%). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% 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.
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.
FG vs SNOW — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.2B |
| Net Profit | $128.0M | $-294.0M |
| Gross Margin | — | 67.8% |
| Operating Margin | — | -27.2% |
| Net Margin | 7.3% | -24.2% |
| Revenue YoY | 13.2% | 28.7% |
| Net Profit YoY | -60.9% | 9.4% |
| EPS (diluted) | $0.97 | $-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 | $1.8B | $1.2B | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | $908.0M | $986.8M | ||
| Q4 24 | $1.6B | $942.1M | ||
| Q3 24 | $1.4B | $868.8M | ||
| Q2 24 | $1.2B | $828.7M | ||
| Q1 24 | $1.6B | $774.7M |
| Q4 25 | $128.0M | $-294.0M | ||
| Q3 25 | $118.0M | $-298.0M | ||
| Q2 25 | $40.0M | $-430.1M | ||
| Q1 25 | $-21.0M | $-327.5M | ||
| Q4 24 | $327.0M | $-324.3M | ||
| Q3 24 | $-6.0M | $-316.9M | ||
| Q2 24 | $203.0M | $-317.0M | ||
| Q1 24 | $115.0M | $-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 | 7.3% | -24.2% | ||
| Q3 25 | 7.0% | -26.0% | ||
| Q2 25 | 2.9% | -41.3% | ||
| Q1 25 | -2.3% | -33.2% | ||
| Q4 24 | 21.0% | -34.4% | ||
| Q3 24 | -0.4% | -36.5% | ||
| Q2 24 | 17.3% | -38.3% | ||
| Q1 24 | 7.3% | -21.9% |
| Q4 25 | $0.97 | $-0.87 | ||
| Q3 25 | $0.85 | $-0.89 | ||
| Q2 25 | $0.26 | $-1.29 | ||
| Q1 25 | $-0.20 | $-0.98 | ||
| Q4 24 | $2.53 | $-0.98 | ||
| Q3 24 | $-0.08 | $-0.95 | ||
| Q2 24 | $1.55 | $-0.95 | ||
| Q1 24 | $0.88 | $-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 | $1.5B | $1.9B |
| Total DebtLower is stronger | $2.2B | — |
| Stockholders' EquityBook value | $4.8B | $2.1B |
| Total Assets | $98.4B | $8.2B |
| Debt / EquityLower = less leverage | 0.47× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $1.9B | ||
| Q3 25 | $2.2B | $1.9B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $3.3B | $2.6B | ||
| Q4 24 | $2.3B | $2.1B | ||
| Q3 24 | $3.5B | $1.3B | ||
| Q2 24 | $3.5B | $1.3B | ||
| Q1 24 | $2.4B | $1.8B |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $1.7B | — |
| Q4 25 | $4.8B | $2.1B | ||
| Q3 25 | $4.8B | $2.4B | ||
| Q2 25 | $4.4B | $2.4B | ||
| Q1 25 | $4.4B | $3.0B | ||
| Q4 24 | $4.0B | $2.9B | ||
| Q3 24 | $4.3B | $4.1B | ||
| Q2 24 | $3.7B | $4.6B | ||
| Q1 24 | $3.5B | $5.2B |
| Q4 25 | $98.4B | $8.2B | ||
| Q3 25 | $96.1B | $8.2B | ||
| Q2 25 | $91.8B | $8.2B | ||
| Q1 25 | $88.0B | $9.0B | ||
| Q4 24 | $85.0B | $8.2B | ||
| Q3 24 | $84.1B | $6.9B | ||
| Q2 24 | $78.5B | $7.3B | ||
| Q1 24 | $74.4B | $8.2B |
| Q4 25 | 0.47× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.51× | — | ||
| Q4 24 | 0.55× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.49× | — |
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 | $1.2B | $137.5M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | 9.13× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $137.5M | ||
| Q3 25 | $937.0M | $74.9M | ||
| Q2 25 | $1.6B | $228.4M | ||
| Q1 25 | $956.0M | $432.7M | ||
| Q4 24 | $1.3B | $101.7M | ||
| Q3 24 | $2.1B | $69.9M | ||
| Q2 24 | $1.1B | $355.5M | ||
| Q1 24 | $1.5B | $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 | 9.13× | — | ||
| Q3 25 | 7.94× | — | ||
| Q2 25 | 40.50× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.04× | — | ||
| 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
Segment breakdown not available.
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
