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Side-by-side financial comparison of Gates Industrial Corp plc (GTES) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.

Snowflake Inc. is the larger business by last-quarter revenue ($1.3B vs $851.1M, roughly 1.5× Gates Industrial Corp plc). Gates Industrial Corp plc runs the higher net margin — 7.8% vs -24.1%, a 31.9% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (100.0% vs 1.1%). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (24.5% CAGR vs -2.0%).

Gates Industrial Corporation plc, based in Denver, Colorado, is a manufacturer of power transmission belts and fluid power products, which are used in diverse industrial and automotive applications. The company employs over 15,000 and has sales and manufacturing operations in North and South America, Europe, Asia, Australia, and the Middle East.

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.

GTES vs SNOW — Head-to-Head

Bigger by revenue
SNOW
SNOW
1.5× larger
SNOW
$1.3B
$851.1M
GTES
Growing faster (revenue YoY)
SNOW
SNOW
+98.9% gap
SNOW
100.0%
1.1%
GTES
Higher net margin
GTES
GTES
31.9% more per $
GTES
7.8%
-24.1%
SNOW
Faster 2-yr revenue CAGR
SNOW
SNOW
Annualised
SNOW
24.5%
-2.0%
GTES

Income Statement — Q1 FY2026 vs Q4 FY2027

Metric
GTES
GTES
SNOW
SNOW
Revenue
$851.1M
$1.3B
Net Profit
$66.2M
$-309.6M
Gross Margin
39.7%
66.8%
Operating Margin
8.4%
Net Margin
7.8%
-24.1%
Revenue YoY
1.1%
100.0%
Net Profit YoY
-3.7%
5.5%
EPS (diluted)
$-0.90

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
GTES
GTES
SNOW
SNOW
Q4 26
$1.3B
Q1 26
$851.1M
Q4 25
$856.2M
$1.2B
Q3 25
$855.7M
$1.1B
Q2 25
$883.7M
$1.0B
Q1 25
$847.6M
$986.8M
Q4 24
$829.4M
$942.1M
Q3 24
$830.7M
$868.8M
Net Profit
GTES
GTES
SNOW
SNOW
Q4 26
$-309.6M
Q1 26
$66.2M
Q4 25
$51.3M
$-294.0M
Q3 25
$81.6M
$-298.0M
Q2 25
$56.5M
$-430.1M
Q1 25
$62.0M
$-327.5M
Q4 24
$36.6M
$-324.3M
Q3 24
$47.6M
$-316.9M
Gross Margin
GTES
GTES
SNOW
SNOW
Q4 26
66.8%
Q1 26
39.7%
Q4 25
38.0%
67.8%
Q3 25
39.9%
67.5%
Q2 25
40.8%
66.5%
Q1 25
40.7%
66.2%
Q4 24
40.4%
65.9%
Q3 24
40.4%
66.8%
Operating Margin
GTES
GTES
SNOW
SNOW
Q4 26
8.4%
Q1 26
Q4 25
12.8%
-27.2%
Q3 25
13.5%
-29.7%
Q2 25
13.1%
-42.9%
Q1 25
14.7%
-39.2%
Q4 24
13.6%
-38.8%
Q3 24
13.6%
-40.9%
Net Margin
GTES
GTES
SNOW
SNOW
Q4 26
-24.1%
Q1 26
7.8%
Q4 25
6.0%
-24.2%
Q3 25
9.5%
-26.0%
Q2 25
6.4%
-41.3%
Q1 25
7.3%
-33.2%
Q4 24
4.4%
-34.4%
Q3 24
5.7%
-36.5%
EPS (diluted)
GTES
GTES
SNOW
SNOW
Q4 26
$-0.90
Q1 26
Q4 25
$0.19
$-0.87
Q3 25
$0.31
$-0.89
Q2 25
$0.22
$-1.29
Q1 25
$0.24
$-0.98
Q4 24
$0.15
$-0.98
Q3 24
$0.18
$-0.95

Balance Sheet & Financial Strength

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

Metric
GTES
GTES
SNOW
SNOW
Cash + ST InvestmentsLiquidity on hand
$785.3M
$4.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.4B
Total Assets
$7.1B
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTES
GTES
SNOW
SNOW
Q4 26
$4.0B
Q1 26
$785.3M
Q4 25
$812.1M
$1.9B
Q3 25
$689.4M
$1.9B
Q2 25
$719.7M
$2.2B
Q1 25
$640.2M
$2.6B
Q4 24
$682.0M
$2.1B
Q3 24
$574.4M
$1.3B
Total Debt
GTES
GTES
SNOW
SNOW
Q4 26
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.4B
Q3 24
$2.4B
Stockholders' Equity
GTES
GTES
SNOW
SNOW
Q4 26
Q1 26
$3.4B
Q4 25
$3.3B
$2.1B
Q3 25
$3.4B
$2.4B
Q2 25
$3.3B
$2.4B
Q1 25
$3.1B
$3.0B
Q4 24
$3.0B
$2.9B
Q3 24
$3.1B
$4.1B
Total Assets
GTES
GTES
SNOW
SNOW
Q4 26
$9.1B
Q1 26
$7.1B
Q4 25
$7.2B
$8.2B
Q3 25
$7.1B
$8.2B
Q2 25
$7.2B
$8.2B
Q1 25
$6.9B
$9.0B
Q4 24
$6.8B
$8.2B
Q3 24
$7.1B
$6.9B
Debt / Equity
GTES
GTES
SNOW
SNOW
Q4 26
Q1 26
Q4 25
0.67×
Q3 25
0.66×
Q2 25
0.72×
Q1 25
0.75×
Q4 24
0.78×
Q3 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
GTES
GTES
SNOW
SNOW
Operating Cash FlowLast quarter
$30.2M
$781.2M
Free Cash FlowOCF − Capex
$765.1M
FCF MarginFCF / Revenue
59.6%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTES
GTES
SNOW
SNOW
Q4 26
$781.2M
Q1 26
$30.2M
Q4 25
$269.8M
$137.5M
Q3 25
$98.0M
$74.9M
Q2 25
$103.0M
$228.4M
Q1 25
$7.3M
$432.7M
Q4 24
$190.9M
$101.7M
Q3 24
$115.9M
$69.9M
Free Cash Flow
GTES
GTES
SNOW
SNOW
Q4 26
$765.1M
Q1 26
Q4 25
$251.0M
$113.6M
Q3 25
$80.5M
$58.2M
Q2 25
$83.6M
$183.4M
Q1 25
$-10.2M
$421.4M
Q4 24
$167.6M
$88.3M
Q3 24
$94.0M
$64.8M
FCF Margin
GTES
GTES
SNOW
SNOW
Q4 26
59.6%
Q1 26
Q4 25
29.3%
9.4%
Q3 25
9.4%
5.1%
Q2 25
9.5%
17.6%
Q1 25
-1.2%
42.7%
Q4 24
20.2%
9.4%
Q3 24
11.3%
7.5%
Capex Intensity
GTES
GTES
SNOW
SNOW
Q4 26
Q1 26
0.3%
Q4 25
2.2%
2.0%
Q3 25
2.0%
1.5%
Q2 25
2.2%
4.3%
Q1 25
2.1%
1.1%
Q4 24
2.8%
1.4%
Q3 24
2.6%
0.6%
Cash Conversion
GTES
GTES
SNOW
SNOW
Q4 26
Q1 26
0.46×
Q4 25
5.26×
Q3 25
1.20×
Q2 25
1.82×
Q1 25
0.12×
Q4 24
5.22×
Q3 24
2.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTES
GTES

Segment breakdown not available.

SNOW
SNOW

Product revenue$1.2B96%
Other$57.4M4%

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