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Side-by-side financial comparison of Grocery Outlet Holding Corp. (GO) 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 $1.2B, roughly 1.4× Grocery Outlet Holding Corp.). Snap Inc runs the higher net margin — 2.6% vs -18.5%, a 21.1% gap on every dollar of revenue. On growth, Grocery Outlet Holding Corp. posted the faster year-over-year revenue change (10.7% vs 10.2%). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% CAGR vs 8.3%).

Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers. The company has stores in California, Oregon, Washington, Idaho, Nevada, Maryland, Pennsylvania, New Jersey, Ohio, and Delaware.

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.

GO vs SNAP — Head-to-Head

Bigger by revenue
SNAP
SNAP
1.4× larger
SNAP
$1.7B
$1.2B
GO
Growing faster (revenue YoY)
GO
GO
+0.5% gap
GO
10.7%
10.2%
SNAP
Higher net margin
SNAP
SNAP
21.1% more per $
SNAP
2.6%
-18.5%
GO
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
8.3%
GO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GO
GO
SNAP
SNAP
Revenue
$1.2B
$1.7B
Net Profit
$-224.9M
$45.2M
Gross Margin
29.7%
59.1%
Operating Margin
2.9%
Net Margin
-18.5%
2.6%
Revenue YoY
10.7%
10.2%
Net Profit YoY
-669.9%
396.7%
EPS (diluted)
$-2.22
$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
GO
GO
SNAP
SNAP
Q1 26
$1.2B
Q4 25
$1.7B
Q3 25
$1.2B
$1.5B
Q2 25
$1.2B
$1.3B
Q1 25
$1.1B
$1.4B
Q4 24
$1.1B
$1.6B
Q3 24
$1.1B
$1.4B
Q2 24
$1.1B
$1.2B
Net Profit
GO
GO
SNAP
SNAP
Q1 26
$-224.9M
Q4 25
$45.2M
Q3 25
$11.6M
$-103.5M
Q2 25
$5.0M
$-262.6M
Q1 25
$-23.3M
$-139.6M
Q4 24
$2.3M
$9.1M
Q3 24
$24.2M
$-153.2M
Q2 24
$14.0M
$-248.6M
Gross Margin
GO
GO
SNAP
SNAP
Q1 26
29.7%
Q4 25
59.1%
Q3 25
30.4%
55.3%
Q2 25
30.6%
51.4%
Q1 25
30.4%
53.1%
Q4 24
29.5%
56.9%
Q3 24
31.1%
53.5%
Q2 24
30.9%
52.4%
Operating Margin
GO
GO
SNAP
SNAP
Q1 26
Q4 25
2.9%
Q3 25
2.0%
-8.5%
Q2 25
1.1%
-19.3%
Q1 25
-2.0%
-14.2%
Q4 24
1.0%
-1.7%
Q3 24
3.6%
-12.6%
Q2 24
2.3%
-20.5%
Net Margin
GO
GO
SNAP
SNAP
Q1 26
-18.5%
Q4 25
2.6%
Q3 25
1.0%
-6.9%
Q2 25
0.4%
-19.5%
Q1 25
-2.1%
-10.2%
Q4 24
0.2%
0.6%
Q3 24
2.2%
-11.2%
Q2 24
1.2%
-20.1%
EPS (diluted)
GO
GO
SNAP
SNAP
Q1 26
$-2.22
Q4 25
$0.03
Q3 25
$0.12
$-0.06
Q2 25
$0.05
$-0.16
Q1 25
$-0.24
$-0.08
Q4 24
$0.03
$0.01
Q3 24
$0.24
$-0.09
Q2 24
$0.14
$-0.15

Balance Sheet & Financial Strength

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

Metric
GO
GO
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$69.6M
$2.9B
Total DebtLower is stronger
$15.0M
$3.5B
Stockholders' EquityBook value
$983.7M
$2.3B
Total Assets
$3.1B
$7.7B
Debt / EquityLower = less leverage
0.02×
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GO
GO
SNAP
SNAP
Q1 26
$69.6M
Q4 25
$2.9B
Q3 25
$52.1M
$3.0B
Q2 25
$55.2M
$2.9B
Q1 25
$50.9M
$3.2B
Q4 24
$62.8M
$3.4B
Q3 24
$68.7M
$3.2B
Q2 24
$67.1M
$3.1B
Total Debt
GO
GO
SNAP
SNAP
Q1 26
$15.0M
Q4 25
$3.5B
Q3 25
$500.3M
$3.5B
Q2 25
$473.9M
$3.6B
Q1 25
$475.7M
$3.6B
Q4 24
$477.5M
$3.6B
Q3 24
$429.3M
$3.6B
Q2 24
$379.2M
$3.6B
Stockholders' Equity
GO
GO
SNAP
SNAP
Q1 26
$983.7M
Q4 25
$2.3B
Q3 25
$1.2B
$2.2B
Q2 25
$1.2B
$2.1B
Q1 25
$1.2B
$2.3B
Q4 24
$1.2B
$2.5B
Q3 24
$1.2B
$2.2B
Q2 24
$1.2B
$2.1B
Total Assets
GO
GO
SNAP
SNAP
Q1 26
$3.1B
Q4 25
$7.7B
Q3 25
$3.4B
$7.6B
Q2 25
$3.3B
$7.4B
Q1 25
$3.3B
$7.6B
Q4 24
$3.2B
$7.9B
Q3 24
$3.1B
$7.6B
Q2 24
$3.1B
$7.4B
Debt / Equity
GO
GO
SNAP
SNAP
Q1 26
0.02×
Q4 25
1.55×
Q3 25
0.42×
1.59×
Q2 25
0.40×
1.73×
Q1 25
0.40×
1.56×
Q4 24
0.40×
1.49×
Q3 24
0.35×
1.65×
Q2 24
0.31×
1.76×

Cash Flow & Capital Efficiency

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

Metric
GO
GO
SNAP
SNAP
Operating Cash FlowLast quarter
$222.1M
$269.6M
Free Cash FlowOCF − Capex
$205.6M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
5.96×
TTM Free Cash FlowTrailing 4 quarters
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GO
GO
SNAP
SNAP
Q1 26
$222.1M
Q4 25
$269.6M
Q3 25
$17.3M
$146.5M
Q2 25
$73.6M
$88.5M
Q1 25
$58.9M
$151.6M
Q4 24
$39.5M
$230.6M
Q3 24
$23.0M
$115.9M
Q2 24
$41.6M
$-21.4M
Free Cash Flow
GO
GO
SNAP
SNAP
Q1 26
Q4 25
$205.6M
Q3 25
$-21.6M
$93.4M
Q2 25
$14.4M
$23.8M
Q1 25
$-1.5M
$114.4M
Q4 24
$-19.6M
$182.4M
Q3 24
$-19.3M
$71.8M
Q2 24
$2.7M
$-73.4M
FCF Margin
GO
GO
SNAP
SNAP
Q1 26
Q4 25
12.0%
Q3 25
-1.8%
6.2%
Q2 25
1.2%
1.8%
Q1 25
-0.1%
8.4%
Q4 24
-1.8%
11.7%
Q3 24
-1.7%
5.2%
Q2 24
0.2%
-5.9%
Capex Intensity
GO
GO
SNAP
SNAP
Q1 26
Q4 25
3.7%
Q3 25
3.3%
3.5%
Q2 25
5.0%
4.8%
Q1 25
5.4%
2.7%
Q4 24
5.4%
3.1%
Q3 24
3.8%
3.2%
Q2 24
3.4%
4.2%
Cash Conversion
GO
GO
SNAP
SNAP
Q1 26
Q4 25
5.96×
Q3 25
1.49×
Q2 25
14.84×
Q1 25
Q4 24
17.09×
25.34×
Q3 24
0.95×
Q2 24
2.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GO
GO

Segment breakdown not available.

SNAP
SNAP

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

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