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Side-by-side financial comparison of Hyatt Hotels Corp (H) and Snap Inc (SNAP). Click either name above to swap in a different company.

Hyatt Hotels Corp is the larger business by last-quarter revenue ($1.8B vs $1.7B, roughly 1.0× Snap Inc). Snap Inc runs the higher net margin — 2.6% vs -1.1%, a 3.8% gap on every dollar of revenue. On growth, Hyatt Hotels Corp posted the faster year-over-year revenue change (11.7% vs 10.2%). Hyatt Hotels Corp produced more free cash flow last quarter ($236.0M vs $205.6M). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% CAGR vs 2.2%).

Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.

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.

H vs SNAP — Head-to-Head

Bigger by revenue
H
H
1.0× larger
H
$1.8B
$1.7B
SNAP
Growing faster (revenue YoY)
H
H
+1.5% gap
H
11.7%
10.2%
SNAP
Higher net margin
SNAP
SNAP
3.8% more per $
SNAP
2.6%
-1.1%
H
More free cash flow
H
H
$30.4M more FCF
H
$236.0M
$205.6M
SNAP
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
2.2%
H

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
H
H
SNAP
SNAP
Revenue
$1.8B
$1.7B
Net Profit
$-20.0M
$45.2M
Gross Margin
59.1%
Operating Margin
0.4%
2.9%
Net Margin
-1.1%
2.6%
Revenue YoY
11.7%
10.2%
Net Profit YoY
64.3%
396.7%
EPS (diluted)
$-0.20
$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
H
H
SNAP
SNAP
Q4 25
$1.8B
$1.7B
Q3 25
$1.8B
$1.5B
Q2 25
$1.8B
$1.3B
Q1 25
$1.7B
$1.4B
Q4 24
$1.6B
$1.6B
Q3 24
$1.6B
$1.4B
Q2 24
$1.7B
$1.2B
Q1 24
$1.7B
$1.2B
Net Profit
H
H
SNAP
SNAP
Q4 25
$-20.0M
$45.2M
Q3 25
$-49.0M
$-103.5M
Q2 25
$-3.0M
$-262.6M
Q1 25
$20.0M
$-139.6M
Q4 24
$-56.0M
$9.1M
Q3 24
$471.0M
$-153.2M
Q2 24
$359.0M
$-248.6M
Q1 24
$522.0M
$-305.1M
Gross Margin
H
H
SNAP
SNAP
Q4 25
59.1%
Q3 25
55.3%
Q2 25
51.4%
Q1 25
53.1%
Q4 24
56.9%
Q3 24
53.5%
Q2 24
52.4%
Q1 24
51.9%
Operating Margin
H
H
SNAP
SNAP
Q4 25
0.4%
2.9%
Q3 25
-1.0%
-8.5%
Q2 25
2.1%
-19.3%
Q1 25
3.0%
-14.2%
Q4 24
-3.0%
-1.7%
Q3 24
37.3%
-12.6%
Q2 24
27.1%
-20.5%
Q1 24
31.6%
-27.9%
Net Margin
H
H
SNAP
SNAP
Q4 25
-1.1%
2.6%
Q3 25
-2.7%
-6.9%
Q2 25
-0.2%
-19.5%
Q1 25
1.2%
-10.2%
Q4 24
-3.5%
0.6%
Q3 24
28.9%
-11.2%
Q2 24
21.1%
-20.1%
Q1 24
30.5%
-25.5%
EPS (diluted)
H
H
SNAP
SNAP
Q4 25
$-0.20
$0.03
Q3 25
$-0.51
$-0.06
Q2 25
$-0.03
$-0.16
Q1 25
$0.19
$-0.08
Q4 24
$-0.37
$0.01
Q3 24
$4.63
$-0.09
Q2 24
$3.46
$-0.15
Q1 24
$4.93
$-0.19

Balance Sheet & Financial Strength

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

Metric
H
H
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$813.0M
$2.9B
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$3.3B
$2.3B
Total Assets
$14.0B
$7.7B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
H
H
SNAP
SNAP
Q4 25
$813.0M
$2.9B
Q3 25
$749.0M
$3.0B
Q2 25
$912.0M
$2.9B
Q1 25
$1.8B
$3.2B
Q4 24
$1.4B
$3.4B
Q3 24
$1.1B
$3.2B
Q2 24
$2.0B
$3.1B
Q1 24
$794.0M
$2.9B
Total Debt
H
H
SNAP
SNAP
Q4 25
$3.5B
Q3 25
$6.0B
$3.5B
Q2 25
$6.0B
$3.6B
Q1 25
$4.3B
$3.6B
Q4 24
$3.8B
$3.6B
Q3 24
$3.1B
$3.6B
Q2 24
$3.9B
$3.6B
Q1 24
$3.1B
$3.3B
Stockholders' Equity
H
H
SNAP
SNAP
Q4 25
$3.3B
$2.3B
Q3 25
$3.5B
$2.2B
Q2 25
$3.6B
$2.1B
Q1 25
$3.5B
$2.3B
Q4 24
$3.5B
$2.5B
Q3 24
$3.7B
$2.2B
Q2 24
$3.9B
$2.1B
Q1 24
$3.7B
$2.1B
Total Assets
H
H
SNAP
SNAP
Q4 25
$14.0B
$7.7B
Q3 25
$15.7B
$7.6B
Q2 25
$15.9B
$7.4B
Q1 25
$14.0B
$7.6B
Q4 24
$13.3B
$7.9B
Q3 24
$11.9B
$7.6B
Q2 24
$12.8B
$7.4B
Q1 24
$11.7B
$7.2B
Debt / Equity
H
H
SNAP
SNAP
Q4 25
1.55×
Q3 25
1.73×
1.59×
Q2 25
1.69×
1.73×
Q1 25
1.25×
1.56×
Q4 24
1.07×
1.49×
Q3 24
0.85×
1.65×
Q2 24
1.01×
1.76×
Q1 24
0.84×
1.55×

Cash Flow & Capital Efficiency

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

Metric
H
H
SNAP
SNAP
Operating Cash FlowLast quarter
$313.0M
$269.6M
Free Cash FlowOCF − Capex
$236.0M
$205.6M
FCF MarginFCF / Revenue
13.2%
12.0%
Capex IntensityCapex / Revenue
4.3%
3.7%
Cash ConversionOCF / Net Profit
5.96×
TTM Free Cash FlowTrailing 4 quarters
$159.0M
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
H
H
SNAP
SNAP
Q4 25
$313.0M
$269.6M
Q3 25
$-20.0M
$146.5M
Q2 25
$-67.0M
$88.5M
Q1 25
$153.0M
$151.6M
Q4 24
$235.0M
$230.6M
Q3 24
$-21.0M
$115.9M
Q2 24
$177.0M
$-21.4M
Q1 24
$242.0M
$88.4M
Free Cash Flow
H
H
SNAP
SNAP
Q4 25
$236.0M
$205.6M
Q3 25
$-89.0M
$93.4M
Q2 25
$-111.0M
$23.8M
Q1 25
$123.0M
$114.4M
Q4 24
$184.0M
$182.4M
Q3 24
$-64.0M
$71.8M
Q2 24
$135.0M
$-73.4M
Q1 24
$208.0M
$37.9M
FCF Margin
H
H
SNAP
SNAP
Q4 25
13.2%
12.0%
Q3 25
-5.0%
6.2%
Q2 25
-6.1%
1.8%
Q1 25
7.2%
8.4%
Q4 24
11.5%
11.7%
Q3 24
-3.9%
5.2%
Q2 24
7.9%
-5.9%
Q1 24
12.1%
3.2%
Capex Intensity
H
H
SNAP
SNAP
Q4 25
4.3%
3.7%
Q3 25
3.9%
3.5%
Q2 25
2.4%
4.8%
Q1 25
1.7%
2.7%
Q4 24
3.2%
3.1%
Q3 24
2.6%
3.2%
Q2 24
2.5%
4.2%
Q1 24
2.0%
4.2%
Cash Conversion
H
H
SNAP
SNAP
Q4 25
5.96×
Q3 25
Q2 25
Q1 25
7.65×
Q4 24
25.34×
Q3 24
-0.04×
Q2 24
0.49×
Q1 24
0.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

H
H

Other$627.0M35%
Rooms Revenue$326.0M18%
Net Fees$290.0M16%
Distribution Segment$177.0M10%
Franchise And Other Fees$114.0M6%
Base Management Fees$112.0M6%
Incentive Management Fees$81.0M5%
Other Owned And Leased Hotel Revenue$41.0M2%
Contra Revenue$17.0M1%
Other Revenues$4.0M0%

SNAP
SNAP

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

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