vs
Side-by-side financial comparison of KeyCorp (KEY) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.7× Snowflake Inc.). KeyCorp runs the higher net margin — 25.4% vs -24.2%, a 49.7% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 28.7%). KeyCorp produced more free cash flow last quarter ($2.1B vs $113.6M). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs 14.4%).
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
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.
KEY vs SNOW — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.2B |
| Net Profit | $510.0M | $-294.0M |
| Gross Margin | — | 67.8% |
| Operating Margin | 32.3% | -27.2% |
| Net Margin | 25.4% | -24.2% |
| Revenue YoY | 131.8% | 28.7% |
| Net Profit YoY | 309.0% | 9.4% |
| EPS (diluted) | $0.43 | $-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.
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $1.8B | $1.0B | ||
| Q1 25 | $1.8B | $986.8M | ||
| Q4 24 | $865.0M | $942.1M | ||
| Q3 24 | $695.0M | $868.8M | ||
| Q2 24 | $1.5B | $828.7M | ||
| Q1 24 | $1.5B | $774.7M |
| Q4 25 | $510.0M | $-294.0M | ||
| Q3 25 | $489.0M | $-298.0M | ||
| Q2 25 | $425.0M | $-430.1M | ||
| Q1 25 | $405.0M | $-327.5M | ||
| Q4 24 | $-244.0M | $-324.3M | ||
| Q3 24 | $-410.0M | $-316.9M | ||
| Q2 24 | $274.0M | $-317.0M | ||
| Q1 24 | $219.0M | $-169.4M |
| Q4 25 | — | 67.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | — | 66.5% | ||
| Q1 25 | — | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 66.8% | ||
| Q2 24 | — | 67.1% | ||
| Q1 24 | — | 68.8% |
| Q4 25 | 32.3% | -27.2% | ||
| Q3 25 | 31.8% | -29.7% | ||
| Q2 25 | 29.3% | -42.9% | ||
| Q1 25 | 29.0% | -39.2% | ||
| Q4 24 | -92.6% | -38.8% | ||
| Q3 24 | -72.8% | -40.9% | ||
| Q2 24 | 22.0% | -42.1% | ||
| Q1 24 | 18.1% | -35.6% |
| Q4 25 | 25.4% | -24.2% | ||
| Q3 25 | 25.8% | -26.0% | ||
| Q2 25 | 23.1% | -41.3% | ||
| Q1 25 | 22.8% | -33.2% | ||
| Q4 24 | -54.7% | -34.4% | ||
| Q3 24 | -59.0% | -36.5% | ||
| Q2 24 | 18.0% | -38.3% | ||
| Q1 24 | 14.3% | -21.9% |
| Q4 25 | $0.43 | $-0.87 | ||
| Q3 25 | $0.41 | $-0.89 | ||
| Q2 25 | $0.35 | $-1.29 | ||
| Q1 25 | $0.33 | $-0.98 | ||
| Q4 24 | $-0.30 | $-0.98 | ||
| Q3 24 | $-0.47 | $-0.95 | ||
| Q2 24 | $0.25 | $-0.95 | ||
| Q1 24 | $0.20 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.2B | $1.9B |
| Total DebtLower is stronger | $9.9B | — |
| Stockholders' EquityBook value | $20.4B | $2.1B |
| Total Assets | $184.4B | $8.2B |
| Debt / EquityLower = less leverage | 0.49× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2B | $1.9B | ||
| Q3 25 | $13.3B | $1.9B | ||
| Q2 25 | $11.6B | $2.2B | ||
| Q1 25 | $15.3B | $2.6B | ||
| Q4 24 | $17.5B | $2.1B | ||
| Q3 24 | $22.8B | $1.3B | ||
| Q2 24 | $15.5B | $1.3B | ||
| Q1 24 | $13.2B | $1.8B |
| Q4 25 | $9.9B | — | ||
| Q3 25 | $10.9B | — | ||
| Q2 25 | $12.1B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $12.1B | — | ||
| Q3 24 | $15.7B | — | ||
| Q2 24 | $16.9B | — | ||
| Q1 24 | $20.8B | — |
| Q4 25 | $20.4B | $2.1B | ||
| Q3 25 | $20.1B | $2.4B | ||
| Q2 25 | $19.5B | $2.4B | ||
| Q1 25 | $19.0B | $3.0B | ||
| Q4 24 | $18.2B | $2.9B | ||
| Q3 24 | $16.9B | $4.1B | ||
| Q2 24 | $14.8B | $4.6B | ||
| Q1 24 | $14.5B | $5.2B |
| Q4 25 | $184.4B | $8.2B | ||
| Q3 25 | $187.4B | $8.2B | ||
| Q2 25 | $185.5B | $8.2B | ||
| Q1 25 | $188.7B | $9.0B | ||
| Q4 24 | $187.2B | $8.2B | ||
| Q3 24 | $189.8B | $6.9B | ||
| Q2 24 | $187.4B | $7.3B | ||
| Q1 24 | $187.5B | $8.2B |
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 1.43× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.2B | $137.5M |
| Free Cash FlowOCF − Capex | $2.1B | $113.6M |
| FCF MarginFCF / Revenue | 104.8% | 9.4% |
| Capex IntensityCapex / Revenue | 5.3% | 2.0% |
| Cash ConversionOCF / Net Profit | 4.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2B | $137.5M | ||
| Q3 25 | $396.0M | $74.9M | ||
| Q2 25 | $1.2B | $228.4M | ||
| Q1 25 | $-140.0M | $432.7M | ||
| Q4 24 | $664.0M | $101.7M | ||
| Q3 24 | $-1.2B | $69.9M | ||
| Q2 24 | $-217.0M | $355.5M | ||
| Q1 24 | $359.0M | $344.6M |
| Q4 25 | $2.1B | $113.6M | ||
| Q3 25 | $367.0M | $58.2M | ||
| Q2 25 | $1.2B | $183.4M | ||
| Q1 25 | $-150.0M | $421.4M | ||
| Q4 24 | $599.0M | $88.3M | ||
| Q3 24 | $-1.2B | $64.8M | ||
| Q2 24 | $-230.0M | $338.9M | ||
| Q1 24 | $347.0M | $331.5M |
| Q4 25 | 104.8% | 9.4% | ||
| Q3 25 | 19.4% | 5.1% | ||
| Q2 25 | 65.8% | 17.6% | ||
| Q1 25 | -8.5% | 42.7% | ||
| Q4 24 | 69.2% | 9.4% | ||
| Q3 24 | -175.8% | 7.5% | ||
| Q2 24 | -15.1% | 40.9% | ||
| Q1 24 | 22.6% | 42.8% |
| Q4 25 | 5.3% | 2.0% | ||
| Q3 25 | 1.5% | 1.5% | ||
| Q2 25 | 1.3% | 4.3% | ||
| Q1 25 | 0.6% | 1.1% | ||
| Q4 24 | 7.5% | 1.4% | ||
| Q3 24 | 2.4% | 0.6% | ||
| Q2 24 | 0.9% | 2.0% | ||
| Q1 24 | 0.8% | 1.7% |
| Q4 25 | 4.33× | — | ||
| Q3 25 | 0.81× | — | ||
| Q2 25 | 2.90× | — | ||
| Q1 25 | -0.35× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.79× | — | ||
| Q1 24 | 1.64× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KEY
Segment breakdown not available.
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
