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Side-by-side financial comparison of Ladder Capital Corp (LADR) and Snail, Inc. (SNAL). Click either name above to swap in a different company.
Snail, Inc. is the larger business by last-quarter revenue ($25.1M vs $22.3M, roughly 1.1× Ladder Capital Corp). Ladder Capital Corp runs the higher net margin — 71.0% vs -3.4%, a 74.5% gap on every dollar of revenue. On growth, Snail, Inc. posted the faster year-over-year revenue change (-4.2% vs -18.0%). Over the past eight quarters, Snail, Inc.'s revenue compounded faster (33.4% CAGR vs -22.5%).
Ladder Capital Corp is a leading commercial real estate finance firm operating primarily across the United States. It originates and manages a diversified portfolio of senior secured commercial mortgage loans, mezzanine debt, commercial mortgage-backed securities, and direct real estate assets, serving property owners, operators and developers across major market segments.
Suzhou Snail Digital Technology Co., Ltd., doing business as Snail, is a Chinese video game company and a Virtual Network Operator headquartered in Suzhou, China, which has branches Snail Games and Snail Mobile. Its division, Snail USA, markets Snail Games products in North America, South America, & Europe. Snail Games products include massively multiplayer online (MMOs), real-time strategy (RTS), and casual games. Its global registered user base has reached over 70 million accounts. The U.S....
LADR vs SNAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $22.3M | $25.1M |
| Net Profit | $15.9M | $-862.2K |
| Gross Margin | — | 38.3% |
| Operating Margin | 69.5% | -6.0% |
| Net Margin | 71.0% | -3.4% |
| Revenue YoY | -18.0% | -4.2% |
| Net Profit YoY | -49.4% | -177.0% |
| EPS (diluted) | $0.13 | — |
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 | $22.3M | $25.1M | ||
| Q3 25 | $27.8M | $13.8M | ||
| Q2 25 | $21.5M | $22.2M | ||
| Q1 25 | $20.3M | $20.1M | ||
| Q4 24 | $27.2M | $26.2M | ||
| Q3 24 | $38.4M | $22.5M | ||
| Q2 24 | $34.3M | $21.6M | ||
| Q1 24 | $37.1M | $14.1M |
| Q4 25 | $15.9M | $-862.2K | ||
| Q3 25 | $19.2M | $-7.9M | ||
| Q2 25 | $17.1M | $-16.6M | ||
| Q1 25 | $11.6M | $-1.9M | ||
| Q4 24 | $31.3M | $1.1M | ||
| Q3 24 | $27.6M | $235.1K | ||
| Q2 24 | $32.1M | $2.3M | ||
| Q1 24 | $16.4M | $-1.8M |
| Q4 25 | — | 38.3% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 31.3% | ||
| Q1 25 | — | 29.1% | ||
| Q4 24 | — | 43.3% | ||
| Q3 24 | — | 38.6% | ||
| Q2 24 | — | 37.5% | ||
| Q1 24 | — | 14.7% |
| Q4 25 | 69.5% | -6.0% | ||
| Q3 25 | 72.4% | -71.3% | ||
| Q2 25 | 96.7% | -8.2% | ||
| Q1 25 | 52.7% | -20.4% | ||
| Q4 24 | — | 11.5% | ||
| Q3 24 | 74.1% | 1.8% | ||
| Q2 24 | 90.4% | 12.4% | ||
| Q1 24 | 49.4% | -15.6% |
| Q4 25 | 71.0% | -3.4% | ||
| Q3 25 | 69.0% | -56.9% | ||
| Q2 25 | 79.5% | -74.7% | ||
| Q1 25 | 56.8% | -9.7% | ||
| Q4 24 | 115.1% | 4.3% | ||
| Q3 24 | 71.7% | 1.0% | ||
| Q2 24 | 93.6% | 10.4% | ||
| Q1 24 | 44.2% | -12.6% |
| Q4 25 | $0.13 | — | ||
| Q3 25 | $0.15 | — | ||
| Q2 25 | $0.14 | $-0.44 | ||
| Q1 25 | $0.09 | $-0.06 | ||
| Q4 24 | $0.25 | $0.03 | ||
| Q3 24 | $0.22 | $0.01 | ||
| Q2 24 | $0.26 | $0.06 | ||
| Q1 24 | $0.13 | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $38.0M | $8.6M |
| Total DebtLower is stronger | — | $14.6M |
| Stockholders' EquityBook value | $1.5B | $-16.4M |
| Total Assets | $5.2B | $59.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $38.0M | $8.6M | ||
| Q3 25 | $49.4M | $12.3M | ||
| Q2 25 | $134.9M | $7.9M | ||
| Q1 25 | $479.8M | $9.4M | ||
| Q4 24 | $1.3B | $7.3M | ||
| Q3 24 | $1.6B | $10.6M | ||
| Q2 24 | $1.2B | $15.5M | ||
| Q1 24 | $1.2B | $16.1M |
| Q4 25 | — | $14.6M | ||
| Q3 25 | — | $10.5M | ||
| Q2 25 | — | $11.8M | ||
| Q1 25 | — | $9.0M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | — | $5.7M | ||
| Q2 24 | — | $5.8M | ||
| Q1 24 | — | $6.5M |
| Q4 25 | $1.5B | $-16.4M | ||
| Q3 25 | $1.5B | $-15.6M | ||
| Q2 25 | $1.5B | $-8.0M | ||
| Q1 25 | $1.5B | $9.1M | ||
| Q4 24 | $1.5B | $9.7M | ||
| Q3 24 | $1.5B | $8.2M | ||
| Q2 24 | $1.5B | $7.9M | ||
| Q1 24 | $1.5B | $5.6M |
| Q4 25 | $5.2B | $59.3M | ||
| Q3 25 | $4.7B | $51.1M | ||
| Q2 25 | $4.5B | $58.0M | ||
| Q1 25 | $4.5B | $64.5M | ||
| Q4 24 | $4.8B | $62.2M | ||
| Q3 24 | $4.8B | $66.8M | ||
| Q2 24 | $4.8B | $75.4M | ||
| Q1 24 | $5.3B | $78.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.99× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.73× | ||
| Q1 24 | — | 1.16× |
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 | $87.0M | $-5.3M |
| Free Cash FlowOCF − Capex | $78.7M | — |
| FCF MarginFCF / Revenue | 352.4% | — |
| Capex IntensityCapex / Revenue | 37.4% | — |
| Cash ConversionOCF / Net Profit | 5.49× | — |
| TTM Free Cash FlowTrailing 4 quarters | $118.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.0M | $-5.3M | ||
| Q3 25 | $26.3M | $6.6M | ||
| Q2 25 | $44.0M | $-3.2M | ||
| Q1 25 | $-28.7M | $764.5K | ||
| Q4 24 | $133.9M | $-3.6M | ||
| Q3 24 | $169.0M | $-5.0M | ||
| Q2 24 | $45.4M | $206.6K | ||
| Q1 24 | $-20.4M | $6.8M |
| Q4 25 | $78.7M | — | ||
| Q3 25 | $25.9M | — | ||
| Q2 25 | $43.4M | — | ||
| Q1 25 | $-29.6M | — | ||
| Q4 24 | $127.4M | — | ||
| Q3 24 | $166.0M | — | ||
| Q2 24 | $44.9M | — | ||
| Q1 24 | $-21.7M | — |
| Q4 25 | 352.4% | — | ||
| Q3 25 | 93.1% | — | ||
| Q2 25 | 201.6% | — | ||
| Q1 25 | -145.6% | — | ||
| Q4 24 | 468.2% | — | ||
| Q3 24 | 432.1% | — | ||
| Q2 24 | 131.0% | — | ||
| Q1 24 | -58.6% | — |
| Q4 25 | 37.4% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 23.9% | — | ||
| Q3 24 | 7.8% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 3.7% | — |
| Q4 25 | 5.49× | — | ||
| Q3 25 | 1.37× | — | ||
| Q2 25 | 2.57× | — | ||
| Q1 25 | -2.49× | — | ||
| Q4 24 | 4.27× | -3.21× | ||
| Q3 24 | 6.13× | -21.05× | ||
| Q2 24 | 1.41× | 0.09× | ||
| Q1 24 | -1.24× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LADR
Segment breakdown not available.
SNAL
| Pc | $14.7M | 59% |
| Platform Three | $5.2M | 21% |
| Platform Two | $3.3M | 13% |
| Sales Channel Directly To Consumer Mobile Sale | $1.6M | 6% |
