vs

Side-by-side financial comparison of HERBALIFE LTD. (HLF) 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 $1.3B, roughly 1.3× HERBALIFE LTD.). HERBALIFE LTD. runs the higher net margin — 6.7% vs 2.6%, a 4.0% gap on every dollar of revenue. On growth, Snap Inc posted the faster year-over-year revenue change (10.2% vs 6.3%). Snap Inc produced more free cash flow last quarter ($205.6M vs $79.8M). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% CAGR vs 0.7%).

Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...

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.

HLF vs SNAP — Head-to-Head

Bigger by revenue
SNAP
SNAP
1.3× larger
SNAP
$1.7B
$1.3B
HLF
Growing faster (revenue YoY)
SNAP
SNAP
+4.0% gap
SNAP
10.2%
6.3%
HLF
Higher net margin
HLF
HLF
4.0% more per $
HLF
6.7%
2.6%
SNAP
More free cash flow
SNAP
SNAP
$125.8M more FCF
SNAP
$205.6M
$79.8M
HLF
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
0.7%
HLF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HLF
HLF
SNAP
SNAP
Revenue
$1.3B
$1.7B
Net Profit
$85.4M
$45.2M
Gross Margin
77.5%
59.1%
Operating Margin
7.8%
2.9%
Net Margin
6.7%
2.6%
Revenue YoY
6.3%
10.2%
Net Profit YoY
-52.0%
396.7%
EPS (diluted)
$0.81
$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
HLF
HLF
SNAP
SNAP
Q4 25
$1.3B
$1.7B
Q3 25
$1.3B
$1.5B
Q2 25
$1.3B
$1.3B
Q1 25
$1.2B
$1.4B
Q4 24
$1.2B
$1.6B
Q3 24
$1.2B
$1.4B
Q2 24
$1.3B
$1.2B
Q1 24
$1.3B
$1.2B
Net Profit
HLF
HLF
SNAP
SNAP
Q4 25
$85.4M
$45.2M
Q3 25
$43.2M
$-103.5M
Q2 25
$49.3M
$-262.6M
Q1 25
$50.4M
$-139.6M
Q4 24
$177.9M
$9.1M
Q3 24
$47.4M
$-153.2M
Q2 24
$4.7M
$-248.6M
Q1 24
$24.3M
$-305.1M
Gross Margin
HLF
HLF
SNAP
SNAP
Q4 25
77.5%
59.1%
Q3 25
77.7%
55.3%
Q2 25
78.0%
51.4%
Q1 25
78.3%
53.1%
Q4 24
77.8%
56.9%
Q3 24
78.3%
53.5%
Q2 24
77.9%
52.4%
Q1 24
77.5%
51.9%
Operating Margin
HLF
HLF
SNAP
SNAP
Q4 25
7.8%
2.9%
Q3 25
9.9%
-8.5%
Q2 25
10.5%
-19.3%
Q1 25
10.1%
-14.2%
Q4 24
8.8%
-1.7%
Q3 24
10.2%
-12.6%
Q2 24
6.3%
-20.5%
Q1 24
5.7%
-27.9%
Net Margin
HLF
HLF
SNAP
SNAP
Q4 25
6.7%
2.6%
Q3 25
3.4%
-6.9%
Q2 25
3.9%
-19.5%
Q1 25
4.1%
-10.2%
Q4 24
14.7%
0.6%
Q3 24
3.8%
-11.2%
Q2 24
0.4%
-20.1%
Q1 24
1.9%
-25.5%
EPS (diluted)
HLF
HLF
SNAP
SNAP
Q4 25
$0.81
$0.03
Q3 25
$0.42
$-0.06
Q2 25
$0.48
$-0.16
Q1 25
$0.49
$-0.08
Q4 24
$1.75
$0.01
Q3 24
$0.46
$-0.09
Q2 24
$0.05
$-0.15
Q1 24
$0.24
$-0.19

Balance Sheet & Financial Strength

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

Metric
HLF
HLF
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$353.1M
$2.9B
Total DebtLower is stronger
$2.0B
$3.5B
Stockholders' EquityBook value
$-515.1M
$2.3B
Total Assets
$2.8B
$7.7B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLF
HLF
SNAP
SNAP
Q4 25
$353.1M
$2.9B
Q3 25
$305.5M
$3.0B
Q2 25
$320.9M
$2.9B
Q1 25
$329.4M
$3.2B
Q4 24
$415.3M
$3.4B
Q3 24
$402.5M
$3.2B
Q2 24
$374.0M
$3.1B
Q1 24
$398.3M
$2.9B
Total Debt
HLF
HLF
SNAP
SNAP
Q4 25
$2.0B
$3.5B
Q3 25
$2.0B
$3.5B
Q2 25
$2.1B
$3.6B
Q1 25
$2.2B
$3.6B
Q4 24
$2.3B
$3.6B
Q3 24
$2.3B
$3.6B
Q2 24
$2.3B
$3.6B
Q1 24
$2.4B
$3.3B
Stockholders' Equity
HLF
HLF
SNAP
SNAP
Q4 25
$-515.1M
$2.3B
Q3 25
$-612.0M
$2.2B
Q2 25
$-660.5M
$2.1B
Q1 25
$-736.0M
$2.3B
Q4 24
$-801.1M
$2.5B
Q3 24
$-954.2M
$2.2B
Q2 24
$-1.0B
$2.1B
Q1 24
$-1.0B
$2.1B
Total Assets
HLF
HLF
SNAP
SNAP
Q4 25
$2.8B
$7.7B
Q3 25
$2.7B
$7.6B
Q2 25
$2.7B
$7.4B
Q1 25
$2.7B
$7.6B
Q4 24
$2.7B
$7.9B
Q3 24
$2.7B
$7.6B
Q2 24
$2.6B
$7.4B
Q1 24
$2.6B
$7.2B
Debt / Equity
HLF
HLF
SNAP
SNAP
Q4 25
1.55×
Q3 25
1.59×
Q2 25
1.73×
Q1 25
1.56×
Q4 24
1.49×
Q3 24
1.65×
Q2 24
1.76×
Q1 24
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
HLF
HLF
SNAP
SNAP
Operating Cash FlowLast quarter
$98.3M
$269.6M
Free Cash FlowOCF − Capex
$79.8M
$205.6M
FCF MarginFCF / Revenue
6.2%
12.0%
Capex IntensityCapex / Revenue
1.4%
3.7%
Cash ConversionOCF / Net Profit
1.15×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$252.9M
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLF
HLF
SNAP
SNAP
Q4 25
$98.3M
$269.6M
Q3 25
$138.8M
$146.5M
Q2 25
$96.0M
$88.5M
Q1 25
$200.0K
$151.6M
Q4 24
$69.6M
$230.6M
Q3 24
$99.5M
$115.9M
Q2 24
$102.5M
$-21.4M
Q1 24
$13.8M
$88.4M
Free Cash Flow
HLF
HLF
SNAP
SNAP
Q4 25
$79.8M
$205.6M
Q3 25
$118.0M
$93.4M
Q2 25
$73.2M
$23.8M
Q1 25
$-18.1M
$114.4M
Q4 24
$43.9M
$182.4M
Q3 24
$72.4M
$71.8M
Q2 24
$66.2M
$-73.4M
Q1 24
$-19.1M
$37.9M
FCF Margin
HLF
HLF
SNAP
SNAP
Q4 25
6.2%
12.0%
Q3 25
9.3%
6.2%
Q2 25
5.8%
1.8%
Q1 25
-1.5%
8.4%
Q4 24
3.6%
11.7%
Q3 24
5.8%
5.2%
Q2 24
5.2%
-5.9%
Q1 24
-1.5%
3.2%
Capex Intensity
HLF
HLF
SNAP
SNAP
Q4 25
1.4%
3.7%
Q3 25
1.6%
3.5%
Q2 25
1.8%
4.8%
Q1 25
1.5%
2.7%
Q4 24
2.1%
3.1%
Q3 24
2.2%
3.2%
Q2 24
2.8%
4.2%
Q1 24
2.6%
4.2%
Cash Conversion
HLF
HLF
SNAP
SNAP
Q4 25
1.15×
5.96×
Q3 25
3.21×
Q2 25
1.95×
Q1 25
0.00×
Q4 24
0.39×
25.34×
Q3 24
2.10×
Q2 24
21.81×
Q1 24
0.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HLF
HLF

Others$514.4M40%
Other$300.0M23%
IN$250.3M20%
MX$147.2M11%
VN$71.1M6%

SNAP
SNAP

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

Related Comparisons