vs

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

Ingredion Inc is the larger business by last-quarter revenue ($1.8B vs $1.7B, roughly 1.0× Snap Inc). Ingredion Inc runs the higher net margin — 9.5% vs 2.6%, a 6.9% gap on every dollar of revenue. On growth, Snap Inc posted the faster year-over-year revenue change (10.2% vs -2.4%). Ingredion Inc produced more free cash flow last quarter ($270.0M vs $205.6M). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% CAGR vs -3.4%).

Ingredion Inc. is an American food and beverage ingredient provider based in Westchester, Illinois, producing mainly starches, non-GMO sweeteners, stevia, and pea protein. The company turns corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums and other vegetables into ingredients for the food, beverage, brewing, and pharmaceutical industries and numerous industrial sectors. It has about 12,000 employees in 44 locations, and customers in excess of 120 countries.

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.

INGR vs SNAP — Head-to-Head

Bigger by revenue
INGR
INGR
1.0× larger
INGR
$1.8B
$1.7B
SNAP
Growing faster (revenue YoY)
SNAP
SNAP
+12.6% gap
SNAP
10.2%
-2.4%
INGR
Higher net margin
INGR
INGR
6.9% more per $
INGR
9.5%
2.6%
SNAP
More free cash flow
INGR
INGR
$64.4M more FCF
INGR
$270.0M
$205.6M
SNAP
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
-3.4%
INGR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INGR
INGR
SNAP
SNAP
Revenue
$1.8B
$1.7B
Net Profit
$167.0M
$45.2M
Gross Margin
24.5%
59.1%
Operating Margin
12.5%
2.9%
Net Margin
9.5%
2.6%
Revenue YoY
-2.4%
10.2%
Net Profit YoY
72.2%
396.7%
EPS (diluted)
$2.58
$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
INGR
INGR
SNAP
SNAP
Q4 25
$1.8B
$1.7B
Q3 25
$1.8B
$1.5B
Q2 25
$1.8B
$1.3B
Q1 25
$1.8B
$1.4B
Q4 24
$1.8B
$1.6B
Q3 24
$1.9B
$1.4B
Q2 24
$1.9B
$1.2B
Q1 24
$1.9B
$1.2B
Net Profit
INGR
INGR
SNAP
SNAP
Q4 25
$167.0M
$45.2M
Q3 25
$171.0M
$-103.5M
Q2 25
$196.0M
$-262.6M
Q1 25
$197.0M
$-139.6M
Q4 24
$97.0M
$9.1M
Q3 24
$188.0M
$-153.2M
Q2 24
$148.0M
$-248.6M
Q1 24
$216.0M
$-305.1M
Gross Margin
INGR
INGR
SNAP
SNAP
Q4 25
24.5%
59.1%
Q3 25
25.1%
55.3%
Q2 25
26.0%
51.4%
Q1 25
25.7%
53.1%
Q4 24
24.9%
56.9%
Q3 24
25.6%
53.5%
Q2 24
23.7%
52.4%
Q1 24
22.2%
51.9%
Operating Margin
INGR
INGR
SNAP
SNAP
Q4 25
12.5%
2.9%
Q3 25
13.7%
-8.5%
Q2 25
14.8%
-19.3%
Q1 25
15.2%
-14.2%
Q4 24
9.0%
-1.7%
Q3 24
14.3%
-12.6%
Q2 24
12.8%
-20.5%
Q1 24
11.3%
-27.9%
Net Margin
INGR
INGR
SNAP
SNAP
Q4 25
9.5%
2.6%
Q3 25
9.4%
-6.9%
Q2 25
10.7%
-19.5%
Q1 25
10.9%
-10.2%
Q4 24
5.4%
0.6%
Q3 24
10.1%
-11.2%
Q2 24
7.9%
-20.1%
Q1 24
11.5%
-25.5%
EPS (diluted)
INGR
INGR
SNAP
SNAP
Q4 25
$2.58
$0.03
Q3 25
$2.61
$-0.06
Q2 25
$2.99
$-0.16
Q1 25
$3.00
$-0.08
Q4 24
$1.43
$0.01
Q3 24
$2.83
$-0.09
Q2 24
$2.22
$-0.15
Q1 24
$3.23
$-0.19

Balance Sheet & Financial Strength

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

Metric
INGR
INGR
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$1.0B
$2.9B
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$4.3B
$2.3B
Total Assets
$7.9B
$7.7B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INGR
INGR
SNAP
SNAP
Q4 25
$1.0B
$2.9B
Q3 25
$915.0M
$3.0B
Q2 25
$861.0M
$2.9B
Q1 25
$837.0M
$3.2B
Q4 24
$997.0M
$3.4B
Q3 24
$877.0M
$3.2B
Q2 24
$505.0M
$3.1B
Q1 24
$438.0M
$2.9B
Total Debt
INGR
INGR
SNAP
SNAP
Q4 25
$3.5B
Q3 25
$3.5B
Q2 25
$3.6B
Q1 25
$3.6B
Q4 24
$3.6B
Q3 24
$3.6B
Q2 24
$3.6B
Q1 24
$3.3B
Stockholders' Equity
INGR
INGR
SNAP
SNAP
Q4 25
$4.3B
$2.3B
Q3 25
$4.2B
$2.2B
Q2 25
$4.2B
$2.1B
Q1 25
$4.0B
$2.3B
Q4 24
$3.8B
$2.5B
Q3 24
$4.0B
$2.2B
Q2 24
$3.7B
$2.1B
Q1 24
$3.7B
$2.1B
Total Assets
INGR
INGR
SNAP
SNAP
Q4 25
$7.9B
$7.7B
Q3 25
$7.8B
$7.6B
Q2 25
$7.8B
$7.4B
Q1 25
$7.5B
$7.6B
Q4 24
$7.4B
$7.9B
Q3 24
$7.5B
$7.6B
Q2 24
$7.2B
$7.4B
Q1 24
$7.3B
$7.2B
Debt / Equity
INGR
INGR
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
INGR
INGR
SNAP
SNAP
Operating Cash FlowLast quarter
$405.0M
$269.6M
Free Cash FlowOCF − Capex
$270.0M
$205.6M
FCF MarginFCF / Revenue
15.4%
12.0%
Capex IntensityCapex / Revenue
7.7%
3.7%
Cash ConversionOCF / Net Profit
2.43×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$511.0M
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INGR
INGR
SNAP
SNAP
Q4 25
$405.0M
$269.6M
Q3 25
$277.0M
$146.5M
Q2 25
$185.0M
$88.5M
Q1 25
$77.0M
$151.6M
Q4 24
$436.0M
$230.6M
Q3 24
$479.0M
$115.9M
Q2 24
$312.0M
$-21.4M
Q1 24
$209.0M
$88.4M
Free Cash Flow
INGR
INGR
SNAP
SNAP
Q4 25
$270.0M
$205.6M
Q3 25
$172.0M
$93.4M
Q2 25
$84.0M
$23.8M
Q1 25
$-15.0M
$114.4M
Q4 24
$311.0M
$182.4M
Q3 24
$429.0M
$71.8M
Q2 24
$257.0M
$-73.4M
Q1 24
$144.0M
$37.9M
FCF Margin
INGR
INGR
SNAP
SNAP
Q4 25
15.4%
12.0%
Q3 25
9.5%
6.2%
Q2 25
4.6%
1.8%
Q1 25
-0.8%
8.4%
Q4 24
17.3%
11.7%
Q3 24
22.9%
5.2%
Q2 24
13.7%
-5.9%
Q1 24
7.7%
3.2%
Capex Intensity
INGR
INGR
SNAP
SNAP
Q4 25
7.7%
3.7%
Q3 25
5.8%
3.5%
Q2 25
5.5%
4.8%
Q1 25
5.1%
2.7%
Q4 24
6.9%
3.1%
Q3 24
2.7%
3.2%
Q2 24
2.9%
4.2%
Q1 24
3.5%
4.2%
Cash Conversion
INGR
INGR
SNAP
SNAP
Q4 25
2.43×
5.96×
Q3 25
1.62×
Q2 25
0.94×
Q1 25
0.39×
Q4 24
4.49×
25.34×
Q3 24
2.55×
Q2 24
2.11×
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INGR
INGR

Food And Industrial Ingredients LATAM Segment$599.0M34%
Texture And Healthful Solutions Segment$598.0M34%
Food And Industrial Ingredients U.S.Canada Segment$486.0M28%
Other$74.0M4%

SNAP
SNAP

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

Related Comparisons