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Side-by-side financial comparison of Lineage, Inc. (LINE) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.

Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× Snowflake Inc.). Lineage, Inc. runs the higher net margin — -7.3% vs -24.2%, a 17.0% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 3.1%). Snowflake Inc. produced more free cash flow last quarter ($113.6M vs $35.0M).

Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.

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.

LINE vs SNOW — Head-to-Head

Bigger by revenue
LINE
LINE
1.1× larger
LINE
$1.4B
$1.2B
SNOW
Growing faster (revenue YoY)
SNOW
SNOW
+25.6% gap
SNOW
28.7%
3.1%
LINE
Higher net margin
LINE
LINE
17.0% more per $
LINE
-7.3%
-24.2%
SNOW
More free cash flow
SNOW
SNOW
$78.6M more FCF
SNOW
$113.6M
$35.0M
LINE

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
LINE
LINE
SNOW
SNOW
Revenue
$1.4B
$1.2B
Net Profit
$-100.0M
$-294.0M
Gross Margin
32.3%
67.8%
Operating Margin
2.5%
-27.2%
Net Margin
-7.3%
-24.2%
Revenue YoY
3.1%
28.7%
Net Profit YoY
79.4%
9.4%
EPS (diluted)
$-0.44
$-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.

Revenue
LINE
LINE
SNOW
SNOW
Q4 25
$1.2B
Q3 25
$1.4B
$1.1B
Q2 25
$1.4B
$1.0B
Q1 25
$1.3B
$986.8M
Q4 24
$1.3B
$942.1M
Q3 24
$1.3B
$868.8M
Q2 24
$1.3B
$828.7M
Q1 24
$1.3B
$774.7M
Net Profit
LINE
LINE
SNOW
SNOW
Q4 25
$-294.0M
Q3 25
$-100.0M
$-298.0M
Q2 25
$-6.0M
$-430.1M
Q1 25
$0
$-327.5M
Q4 24
$-71.0M
$-324.3M
Q3 24
$-485.0M
$-316.9M
Q2 24
$-68.0M
$-317.0M
Q1 24
$-40.0M
$-169.4M
Gross Margin
LINE
LINE
SNOW
SNOW
Q4 25
67.8%
Q3 25
32.3%
67.5%
Q2 25
31.9%
66.5%
Q1 25
32.2%
66.2%
Q4 24
32.3%
65.9%
Q3 24
32.8%
66.8%
Q2 24
33.4%
67.1%
Q1 24
33.4%
68.8%
Operating Margin
LINE
LINE
SNOW
SNOW
Q4 25
-27.2%
Q3 25
2.5%
-29.7%
Q2 25
1.7%
-42.9%
Q1 25
4.3%
-39.2%
Q4 24
-1.6%
-38.8%
Q3 24
-38.6%
-40.9%
Q2 24
5.5%
-42.1%
Q1 24
7.6%
-35.6%
Net Margin
LINE
LINE
SNOW
SNOW
Q4 25
-24.2%
Q3 25
-7.3%
-26.0%
Q2 25
-0.4%
-41.3%
Q1 25
-33.2%
Q4 24
-5.3%
-34.4%
Q3 24
-36.3%
-36.5%
Q2 24
-5.1%
-38.3%
Q1 24
-3.0%
-21.9%
EPS (diluted)
LINE
LINE
SNOW
SNOW
Q4 25
$-0.87
Q3 25
$-0.44
$-0.89
Q2 25
$-0.03
$-1.29
Q1 25
$0.01
$-0.98
Q4 24
$-0.52
$-0.98
Q3 24
$-2.44
$-0.95
Q2 24
$-0.46
$-0.95
Q1 24
$-0.28
$-0.51

Balance Sheet & Financial Strength

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

Metric
LINE
LINE
SNOW
SNOW
Cash + ST InvestmentsLiquidity on hand
$1.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$8.4B
$2.1B
Total Assets
$19.2B
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LINE
LINE
SNOW
SNOW
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$2.2B
Q1 25
$2.6B
Q4 24
$173.0M
$2.1B
Q3 24
$409.0M
$1.3B
Q2 24
$73.0M
$1.3B
Q1 24
$1.8B
Stockholders' Equity
LINE
LINE
SNOW
SNOW
Q4 25
$2.1B
Q3 25
$8.4B
$2.4B
Q2 25
$8.6B
$2.4B
Q1 25
$8.6B
$3.0B
Q4 24
$8.6B
$2.9B
Q3 24
$9.0B
$4.1B
Q2 24
$4.9B
$4.6B
Q1 24
$5.6B
$5.2B
Total Assets
LINE
LINE
SNOW
SNOW
Q4 25
$8.2B
Q3 25
$19.2B
$8.2B
Q2 25
$19.4B
$8.2B
Q1 25
$18.8B
$9.0B
Q4 24
$18.7B
$8.2B
Q3 24
$19.3B
$6.9B
Q2 24
$18.8B
$7.3B
Q1 24
$8.2B

Cash Flow & Capital Efficiency

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

Metric
LINE
LINE
SNOW
SNOW
Operating Cash FlowLast quarter
$230.0M
$137.5M
Free Cash FlowOCF − Capex
$35.0M
$113.6M
FCF MarginFCF / Revenue
2.5%
9.4%
Capex IntensityCapex / Revenue
14.2%
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$776.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LINE
LINE
SNOW
SNOW
Q4 25
$137.5M
Q3 25
$230.0M
$74.9M
Q2 25
$258.0M
$228.4M
Q1 25
$139.0M
$432.7M
Q4 24
$101.7M
Q3 24
$186.0M
$69.9M
Q2 24
$155.0M
$355.5M
Q1 24
$105.0M
$344.6M
Free Cash Flow
LINE
LINE
SNOW
SNOW
Q4 25
$113.6M
Q3 25
$35.0M
$58.2M
Q2 25
$95.0M
$183.4M
Q1 25
$-12.0M
$421.4M
Q4 24
$88.3M
Q3 24
$33.0M
$64.8M
Q2 24
$-31.0M
$338.9M
Q1 24
$-42.0M
$331.5M
FCF Margin
LINE
LINE
SNOW
SNOW
Q4 25
9.4%
Q3 25
2.5%
5.1%
Q2 25
7.0%
17.6%
Q1 25
-0.9%
42.7%
Q4 24
9.4%
Q3 24
2.5%
7.5%
Q2 24
-2.3%
40.9%
Q1 24
-3.2%
42.8%
Capex Intensity
LINE
LINE
SNOW
SNOW
Q4 25
2.0%
Q3 25
14.2%
1.5%
Q2 25
12.1%
4.3%
Q1 25
11.7%
1.1%
Q4 24
1.4%
Q3 24
11.5%
0.6%
Q2 24
13.9%
2.0%
Q1 24
11.1%
1.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

LINE
LINE

Warehousing Operations$883.0M64%
Other$308.0M22%
Warehouse Lease$60.0M4%
Food Sales$52.0M4%
E Commerce And Other$46.0M3%
Railcar Lease$23.0M2%
Service Other$5.0M0%

SNOW
SNOW

Products$1.2B96%
Professional Services And Other$54.5M4%
Related Party$6.7M1%

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