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Side-by-side financial comparison of Grocery Outlet Holding Corp. (GO) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.

Grocery Outlet Holding Corp. is the larger business by last-quarter revenue ($1.2B vs $1.2B, roughly 1.0× Snowflake Inc.). Grocery Outlet Holding Corp. runs the higher net margin — -18.5% vs -24.2%, a 5.7% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 10.7%). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% 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.

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.

GO vs SNOW — Head-to-Head

Bigger by revenue
GO
GO
1.0× larger
GO
$1.2B
$1.2B
SNOW
Growing faster (revenue YoY)
SNOW
SNOW
+18.1% gap
SNOW
28.7%
10.7%
GO
Higher net margin
GO
GO
5.7% more per $
GO
-18.5%
-24.2%
SNOW
Faster 2-yr revenue CAGR
SNOW
SNOW
Annualised
SNOW
25.1%
8.3%
GO

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
GO
GO
SNOW
SNOW
Revenue
$1.2B
$1.2B
Net Profit
$-224.9M
$-294.0M
Gross Margin
29.7%
67.8%
Operating Margin
-27.2%
Net Margin
-18.5%
-24.2%
Revenue YoY
10.7%
28.7%
Net Profit YoY
-669.9%
9.4%
EPS (diluted)
$-2.22
$-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.

Revenue
GO
GO
SNOW
SNOW
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
$1.1B
Q2 25
$1.2B
$1.0B
Q1 25
$1.1B
$986.8M
Q4 24
$1.1B
$942.1M
Q3 24
$1.1B
$868.8M
Q2 24
$1.1B
$828.7M
Net Profit
GO
GO
SNOW
SNOW
Q1 26
$-224.9M
Q4 25
$-294.0M
Q3 25
$11.6M
$-298.0M
Q2 25
$5.0M
$-430.1M
Q1 25
$-23.3M
$-327.5M
Q4 24
$2.3M
$-324.3M
Q3 24
$24.2M
$-316.9M
Q2 24
$14.0M
$-317.0M
Gross Margin
GO
GO
SNOW
SNOW
Q1 26
29.7%
Q4 25
67.8%
Q3 25
30.4%
67.5%
Q2 25
30.6%
66.5%
Q1 25
30.4%
66.2%
Q4 24
29.5%
65.9%
Q3 24
31.1%
66.8%
Q2 24
30.9%
67.1%
Operating Margin
GO
GO
SNOW
SNOW
Q1 26
Q4 25
-27.2%
Q3 25
2.0%
-29.7%
Q2 25
1.1%
-42.9%
Q1 25
-2.0%
-39.2%
Q4 24
1.0%
-38.8%
Q3 24
3.6%
-40.9%
Q2 24
2.3%
-42.1%
Net Margin
GO
GO
SNOW
SNOW
Q1 26
-18.5%
Q4 25
-24.2%
Q3 25
1.0%
-26.0%
Q2 25
0.4%
-41.3%
Q1 25
-2.1%
-33.2%
Q4 24
0.2%
-34.4%
Q3 24
2.2%
-36.5%
Q2 24
1.2%
-38.3%
EPS (diluted)
GO
GO
SNOW
SNOW
Q1 26
$-2.22
Q4 25
$-0.87
Q3 25
$0.12
$-0.89
Q2 25
$0.05
$-1.29
Q1 25
$-0.24
$-0.98
Q4 24
$0.03
$-0.98
Q3 24
$0.24
$-0.95
Q2 24
$0.14
$-0.95

Balance Sheet & Financial Strength

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

Metric
GO
GO
SNOW
SNOW
Cash + ST InvestmentsLiquidity on hand
$69.6M
$1.9B
Total DebtLower is stronger
$15.0M
Stockholders' EquityBook value
$983.7M
$2.1B
Total Assets
$3.1B
$8.2B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GO
GO
SNOW
SNOW
Q1 26
$69.6M
Q4 25
$1.9B
Q3 25
$52.1M
$1.9B
Q2 25
$55.2M
$2.2B
Q1 25
$50.9M
$2.6B
Q4 24
$62.8M
$2.1B
Q3 24
$68.7M
$1.3B
Q2 24
$67.1M
$1.3B
Total Debt
GO
GO
SNOW
SNOW
Q1 26
$15.0M
Q4 25
Q3 25
$500.3M
Q2 25
$473.9M
Q1 25
$475.7M
Q4 24
$477.5M
Q3 24
$429.3M
Q2 24
$379.2M
Stockholders' Equity
GO
GO
SNOW
SNOW
Q1 26
$983.7M
Q4 25
$2.1B
Q3 25
$1.2B
$2.4B
Q2 25
$1.2B
$2.4B
Q1 25
$1.2B
$3.0B
Q4 24
$1.2B
$2.9B
Q3 24
$1.2B
$4.1B
Q2 24
$1.2B
$4.6B
Total Assets
GO
GO
SNOW
SNOW
Q1 26
$3.1B
Q4 25
$8.2B
Q3 25
$3.4B
$8.2B
Q2 25
$3.3B
$8.2B
Q1 25
$3.3B
$9.0B
Q4 24
$3.2B
$8.2B
Q3 24
$3.1B
$6.9B
Q2 24
$3.1B
$7.3B
Debt / Equity
GO
GO
SNOW
SNOW
Q1 26
0.02×
Q4 25
Q3 25
0.42×
Q2 25
0.40×
Q1 25
0.40×
Q4 24
0.40×
Q3 24
0.35×
Q2 24
0.31×

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
SNOW
SNOW
Operating Cash FlowLast quarter
$222.1M
$137.5M
Free Cash FlowOCF − Capex
$113.6M
FCF MarginFCF / Revenue
9.4%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$776.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GO
GO
SNOW
SNOW
Q1 26
$222.1M
Q4 25
$137.5M
Q3 25
$17.3M
$74.9M
Q2 25
$73.6M
$228.4M
Q1 25
$58.9M
$432.7M
Q4 24
$39.5M
$101.7M
Q3 24
$23.0M
$69.9M
Q2 24
$41.6M
$355.5M
Free Cash Flow
GO
GO
SNOW
SNOW
Q1 26
Q4 25
$113.6M
Q3 25
$-21.6M
$58.2M
Q2 25
$14.4M
$183.4M
Q1 25
$-1.5M
$421.4M
Q4 24
$-19.6M
$88.3M
Q3 24
$-19.3M
$64.8M
Q2 24
$2.7M
$338.9M
FCF Margin
GO
GO
SNOW
SNOW
Q1 26
Q4 25
9.4%
Q3 25
-1.8%
5.1%
Q2 25
1.2%
17.6%
Q1 25
-0.1%
42.7%
Q4 24
-1.8%
9.4%
Q3 24
-1.7%
7.5%
Q2 24
0.2%
40.9%
Capex Intensity
GO
GO
SNOW
SNOW
Q1 26
Q4 25
2.0%
Q3 25
3.3%
1.5%
Q2 25
5.0%
4.3%
Q1 25
5.4%
1.1%
Q4 24
5.4%
1.4%
Q3 24
3.8%
0.6%
Q2 24
3.4%
2.0%
Cash Conversion
GO
GO
SNOW
SNOW
Q1 26
Q4 25
Q3 25
1.49×
Q2 25
14.84×
Q1 25
Q4 24
17.09×
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.

SNOW
SNOW

Products$1.2B96%
Professional Services And Other$54.5M4%
Related Party$6.7M1%

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