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Side-by-side financial comparison of Farmland Partners Inc. (FPI) and Snail, Inc. (SNAL). Click either name above to swap in a different company.

Snail, Inc. is the larger business by last-quarter revenue ($25.1M vs $20.7M, roughly 1.2× Farmland Partners Inc.). Farmland Partners Inc. runs the higher net margin — 103.4% vs -3.4%, a 106.8% gap on every dollar of revenue. On growth, Farmland Partners Inc. posted the faster year-over-year revenue change (-3.5% vs -4.2%). Over the past eight quarters, Snail, Inc.'s revenue compounded faster (33.4% CAGR vs 31.4%).

Farmland Industries was the largest agricultural cooperative in North America when it eventually sold all of its assets in 2002–04. During its 74-year history, Farmland served its farmer membership as a diversified, integrated organization, playing a significant role in agricultural markets both domestically and worldwide.

Suzhou Snail Digital Technology Co., Ltd., doing business as Snail, is a Chinese video game company and a Virtual Network Operator headquartered in Suzhou, China, which has branches Snail Games and Snail Mobile. Its division, Snail USA, markets Snail Games products in North America, South America, & Europe. Snail Games products include massively multiplayer online (MMOs), real-time strategy (RTS), and casual games. Its global registered user base has reached over 70 million accounts. The U.S....

FPI vs SNAL — Head-to-Head

Bigger by revenue
SNAL
SNAL
1.2× larger
SNAL
$25.1M
$20.7M
FPI
Growing faster (revenue YoY)
FPI
FPI
+0.7% gap
FPI
-3.5%
-4.2%
SNAL
Higher net margin
FPI
FPI
106.8% more per $
FPI
103.4%
-3.4%
SNAL
Faster 2-yr revenue CAGR
SNAL
SNAL
Annualised
SNAL
33.4%
31.4%
FPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FPI
FPI
SNAL
SNAL
Revenue
$20.7M
$25.1M
Net Profit
$21.4M
$-862.2K
Gross Margin
38.3%
Operating Margin
-6.0%
Net Margin
103.4%
-3.4%
Revenue YoY
-3.5%
-4.2%
Net Profit YoY
-63.5%
-177.0%
EPS (diluted)
$0.44

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
FPI
FPI
SNAL
SNAL
Q4 25
$20.7M
$25.1M
Q3 25
$11.3M
$13.8M
Q2 25
$10.0M
$22.2M
Q1 25
$10.3M
$20.1M
Q4 24
$21.5M
$26.2M
Q3 24
$13.3M
$22.5M
Q2 24
$11.4M
$21.6M
Q1 24
$12.0M
$14.1M
Net Profit
FPI
FPI
SNAL
SNAL
Q4 25
$21.4M
$-862.2K
Q3 25
$483.0K
$-7.9M
Q2 25
$7.6M
$-16.6M
Q1 25
$2.0M
$-1.9M
Q4 24
$58.7M
$1.1M
Q3 24
$1.8M
$235.1K
Q2 24
$-2.0M
$2.3M
Q1 24
$1.4M
$-1.8M
Gross Margin
FPI
FPI
SNAL
SNAL
Q4 25
38.3%
Q3 25
0.1%
Q2 25
31.3%
Q1 25
29.1%
Q4 24
43.3%
Q3 24
38.6%
Q2 24
37.5%
Q1 24
14.7%
Operating Margin
FPI
FPI
SNAL
SNAL
Q4 25
-6.0%
Q3 25
4.3%
-71.3%
Q2 25
78.2%
-8.2%
Q1 25
20.6%
-20.4%
Q4 24
11.5%
Q3 24
13.9%
1.8%
Q2 24
-17.9%
12.4%
Q1 24
11.9%
-15.6%
Net Margin
FPI
FPI
SNAL
SNAL
Q4 25
103.4%
-3.4%
Q3 25
4.3%
-56.9%
Q2 25
76.3%
-74.7%
Q1 25
19.9%
-9.7%
Q4 24
273.6%
4.3%
Q3 24
13.5%
1.0%
Q2 24
-17.5%
10.4%
Q1 24
11.5%
-12.6%
EPS (diluted)
FPI
FPI
SNAL
SNAL
Q4 25
$0.44
Q3 25
$0.00
Q2 25
$0.14
$-0.44
Q1 25
$0.03
$-0.06
Q4 24
$1.09
$0.03
Q3 24
$0.02
$0.01
Q2 24
$-0.06
$0.06
Q1 24
$0.01
$-0.05

Balance Sheet & Financial Strength

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

Metric
FPI
FPI
SNAL
SNAL
Cash + ST InvestmentsLiquidity on hand
$8.6M
Total DebtLower is stronger
$161.6M
$14.6M
Stockholders' EquityBook value
$467.4M
$-16.4M
Total Assets
$719.1M
$59.3M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FPI
FPI
SNAL
SNAL
Q4 25
$8.6M
Q3 25
$12.3M
Q2 25
$7.9M
Q1 25
$9.4M
Q4 24
$7.3M
Q3 24
$10.6M
Q2 24
$15.5M
Q1 24
$16.1M
Total Debt
FPI
FPI
SNAL
SNAL
Q4 25
$161.6M
$14.6M
Q3 25
$170.4M
$10.5M
Q2 25
$193.4M
$11.8M
Q1 25
$202.6M
$9.0M
Q4 24
$204.6M
$5.7M
Q3 24
$394.0M
$5.7M
Q2 24
$393.0M
$5.8M
Q1 24
$383.0M
$6.5M
Stockholders' Equity
FPI
FPI
SNAL
SNAL
Q4 25
$467.4M
$-16.4M
Q3 25
$457.3M
$-15.6M
Q2 25
$473.5M
$-8.0M
Q1 25
$492.2M
$9.1M
Q4 24
$494.6M
$9.7M
Q3 24
$519.4M
$8.2M
Q2 24
$521.5M
$7.9M
Q1 24
$526.7M
$5.6M
Total Assets
FPI
FPI
SNAL
SNAL
Q4 25
$719.1M
$59.3M
Q3 25
$738.5M
$51.1M
Q2 25
$776.7M
$58.0M
Q1 25
$810.5M
$64.5M
Q4 24
$869.6M
$62.2M
Q3 24
$1.0B
$66.8M
Q2 24
$1.0B
$75.4M
Q1 24
$1.0B
$78.3M
Debt / Equity
FPI
FPI
SNAL
SNAL
Q4 25
0.35×
Q3 25
0.37×
Q2 25
0.41×
Q1 25
0.41×
0.99×
Q4 24
0.41×
0.59×
Q3 24
0.76×
0.70×
Q2 24
0.75×
0.73×
Q1 24
0.73×
1.16×

Cash Flow & Capital Efficiency

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

Metric
FPI
FPI
SNAL
SNAL
Operating Cash FlowLast quarter
$17.4M
$-5.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FPI
FPI
SNAL
SNAL
Q4 25
$17.4M
$-5.3M
Q3 25
$-2.0M
$6.6M
Q2 25
$-2.2M
$-3.2M
Q1 25
$6.4M
$764.5K
Q4 24
$16.1M
$-3.6M
Q3 24
$-4.3M
$-5.0M
Q2 24
$-6.1M
$206.6K
Q1 24
$11.9M
$6.8M
Cash Conversion
FPI
FPI
SNAL
SNAL
Q4 25
0.81×
Q3 25
-4.04×
Q2 25
-0.29×
Q1 25
3.12×
Q4 24
0.27×
-3.21×
Q3 24
-2.39×
-21.05×
Q2 24
0.09×
Q1 24
8.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FPI
FPI

Segment breakdown not available.

SNAL
SNAL

Pc$14.7M59%
Platform Three$5.2M21%
Platform Two$3.3M13%
Sales Channel Directly To Consumer Mobile Sale$1.6M6%

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