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Side-by-side financial comparison of Magnera Corp (MAGN) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
Snowflake Inc. is the larger business by last-quarter revenue ($1.2B vs $792.0M, roughly 1.5× Magnera Corp). Magnera Corp runs the higher net margin — -4.3% vs -24.2%, a 19.9% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 12.8%). Snowflake Inc. produced more free cash flow last quarter ($113.6M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 25.1%).
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.
MAGN vs SNOW — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $1.2B |
| Net Profit | $-34.0M | $-294.0M |
| Gross Margin | 12.2% | 67.8% |
| Operating Margin | 1.8% | -27.2% |
| Net Margin | -4.3% | -24.2% |
| Revenue YoY | 12.8% | 28.7% |
| Net Profit YoY | 43.3% | 9.4% |
| EPS (diluted) | $-0.95 | $-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 | $792.0M | $1.2B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $839.0M | $1.0B | ||
| Q1 25 | $824.0M | $986.8M | ||
| Q4 24 | $702.0M | $942.1M | ||
| Q3 24 | $332.1M | $868.8M | ||
| Q2 24 | $556.0M | $828.7M | ||
| Q1 24 | $558.0M | $774.7M |
| Q4 25 | $-34.0M | $-294.0M | ||
| Q3 25 | — | $-298.0M | ||
| Q2 25 | $-18.0M | $-430.1M | ||
| Q1 25 | $-41.0M | $-327.5M | ||
| Q4 24 | $-60.0M | $-324.3M | ||
| Q3 24 | $-15.2M | $-316.9M | ||
| Q2 24 | $19.0M | $-317.0M | ||
| Q1 24 | $14.0M | $-169.4M |
| Q4 25 | 12.2% | 67.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | 10.7% | 66.5% | ||
| Q1 25 | 10.7% | 66.2% | ||
| Q4 24 | 10.1% | 65.9% | ||
| Q3 24 | 10.7% | 66.8% | ||
| Q2 24 | 6.6% | 67.1% | ||
| Q1 24 | 6.2% | 68.8% |
| Q4 25 | 1.8% | -27.2% | ||
| Q3 25 | — | -29.7% | ||
| Q2 25 | 1.5% | -42.9% | ||
| Q1 25 | 0.5% | -39.2% | ||
| Q4 24 | -3.1% | -38.8% | ||
| Q3 24 | 0.9% | -40.9% | ||
| Q2 24 | 3.1% | -42.1% | ||
| Q1 24 | 3.8% | -35.6% |
| Q4 25 | -4.3% | -24.2% | ||
| Q3 25 | — | -26.0% | ||
| Q2 25 | -2.1% | -41.3% | ||
| Q1 25 | -5.0% | -33.2% | ||
| Q4 24 | -8.5% | -34.4% | ||
| Q3 24 | -4.6% | -36.5% | ||
| Q2 24 | 3.4% | -38.3% | ||
| Q1 24 | 2.5% | -21.9% |
| Q4 25 | $-0.95 | $-0.87 | ||
| Q3 25 | — | $-0.89 | ||
| Q2 25 | $-0.51 | $-1.29 | ||
| Q1 25 | $-1.15 | $-0.98 | ||
| Q4 24 | $-1.69 | $-0.98 | ||
| Q3 24 | $-0.33 | $-0.95 | ||
| Q2 24 | $0.60 | $-0.95 | ||
| Q1 24 | $0.44 | $-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 | $264.0M | $1.9B |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.0B | $2.1B |
| Total Assets | $3.9B | $8.2B |
| Debt / EquityLower = less leverage | 1.86× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $264.0M | $1.9B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $276.0M | $2.2B | ||
| Q1 25 | $282.0M | $2.6B | ||
| Q4 24 | $215.0M | $2.1B | ||
| Q3 24 | $230.0M | $1.3B | ||
| Q2 24 | $33.9M | $1.3B | ||
| Q1 24 | $30.2M | $1.8B |
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $877.4M | — | ||
| Q1 24 | $884.7M | — |
| Q4 25 | $1.0B | $2.1B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | $1.1B | $2.4B | ||
| Q1 25 | $1.1B | $3.0B | ||
| Q4 24 | $1.1B | $2.9B | ||
| Q3 24 | $2.1B | $4.1B | ||
| Q2 24 | $2.4B | $4.6B | ||
| Q1 24 | $2.4B | $5.2B |
| Q4 25 | $3.9B | $8.2B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | $4.1B | $8.2B | ||
| Q1 25 | $4.1B | $9.0B | ||
| Q4 24 | $4.0B | $8.2B | ||
| Q3 24 | $2.8B | $6.9B | ||
| Q2 24 | $1.5B | $7.3B | ||
| Q1 24 | $1.5B | $8.2B |
| Q4 25 | 1.86× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.77× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.80× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.37× | — | ||
| Q1 24 | 0.36× | — |
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 | $2.0M | $137.5M |
| Free Cash FlowOCF − Capex | $-13.0M | $113.6M |
| FCF MarginFCF / Revenue | -1.6% | 9.4% |
| Capex IntensityCapex / Revenue | 1.9% | 2.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $137.5M | ||
| Q3 25 | — | $74.9M | ||
| Q2 25 | $0 | $228.4M | ||
| Q1 25 | $65.0M | $432.7M | ||
| Q4 24 | $-58.0M | $101.7M | ||
| Q3 24 | $12.2M | $69.9M | ||
| Q2 24 | $38.0M | $355.5M | ||
| Q1 24 | $20.0M | $344.6M |
| Q4 25 | $-13.0M | $113.6M | ||
| Q3 25 | — | $58.2M | ||
| Q2 25 | — | $183.4M | ||
| Q1 25 | $42.0M | $421.4M | ||
| Q4 24 | $-74.0M | $88.3M | ||
| Q3 24 | $3.6M | $64.8M | ||
| Q2 24 | $23.0M | $338.9M | ||
| Q1 24 | $12.5M | $331.5M |
| Q4 25 | -1.6% | 9.4% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | 5.1% | 42.7% | ||
| Q4 24 | -10.5% | 9.4% | ||
| Q3 24 | 1.1% | 7.5% | ||
| Q2 24 | 4.1% | 40.9% | ||
| Q1 24 | 2.2% | 42.8% |
| Q4 25 | 1.9% | 2.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | 1.5% | 4.3% | ||
| Q1 25 | 2.8% | 1.1% | ||
| Q4 24 | 2.3% | 1.4% | ||
| Q3 24 | 2.6% | 0.6% | ||
| Q2 24 | 2.7% | 2.0% | ||
| Q1 24 | 1.3% | 1.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.00× | — | ||
| Q1 24 | 1.43× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
