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

Snap Inc is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.5× NCR Atleos Corp). NCR Atleos Corp runs the higher net margin — 7.2% vs 2.6%, a 4.6% gap on every dollar of revenue. On growth, Snap Inc posted the faster year-over-year revenue change (10.2% vs 4.0%). Snap Inc produced more free cash flow last quarter ($205.6M vs $194.0M). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% CAGR vs 4.9%).

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

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.

NATL vs SNAP — Head-to-Head

Bigger by revenue
SNAP
SNAP
1.5× larger
SNAP
$1.7B
$1.2B
NATL
Growing faster (revenue YoY)
SNAP
SNAP
+6.3% gap
SNAP
10.2%
4.0%
NATL
Higher net margin
NATL
NATL
4.6% more per $
NATL
7.2%
2.6%
SNAP
More free cash flow
SNAP
SNAP
$11.6M more FCF
SNAP
$205.6M
$194.0M
NATL
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
4.9%
NATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NATL
NATL
SNAP
SNAP
Revenue
$1.2B
$1.7B
Net Profit
$83.0M
$45.2M
Gross Margin
59.1%
Operating Margin
13.5%
2.9%
Net Margin
7.2%
2.6%
Revenue YoY
4.0%
10.2%
Net Profit YoY
102.4%
396.7%
EPS (diluted)
$1.09
$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
NATL
NATL
SNAP
SNAP
Q4 25
$1.2B
$1.7B
Q3 25
$1.1B
$1.5B
Q2 25
$1.1B
$1.3B
Q1 25
$979.0M
$1.4B
Q4 24
$1.1B
$1.6B
Q3 24
$1.1B
$1.4B
Q2 24
$1.1B
$1.2B
Q1 24
$1.0B
$1.2B
Net Profit
NATL
NATL
SNAP
SNAP
Q4 25
$83.0M
$45.2M
Q3 25
$26.0M
$-103.5M
Q2 25
$39.0M
$-262.6M
Q1 25
$14.0M
$-139.6M
Q4 24
$41.0M
$9.1M
Q3 24
$21.0M
$-153.2M
Q2 24
$27.0M
$-248.6M
Q1 24
$-9.0M
$-305.1M
Gross Margin
NATL
NATL
SNAP
SNAP
Q4 25
59.1%
Q3 25
55.3%
Q2 25
51.4%
Q1 25
53.1%
Q4 24
56.9%
Q3 24
53.5%
Q2 24
52.4%
Q1 24
51.9%
Operating Margin
NATL
NATL
SNAP
SNAP
Q4 25
13.5%
2.9%
Q3 25
9.8%
-8.5%
Q2 25
10.8%
-19.3%
Q1 25
9.5%
-14.2%
Q4 24
13.4%
-1.7%
Q3 24
10.6%
-12.6%
Q2 24
9.8%
-20.5%
Q1 24
6.5%
-27.9%
Net Margin
NATL
NATL
SNAP
SNAP
Q4 25
7.2%
2.6%
Q3 25
2.3%
-6.9%
Q2 25
3.5%
-19.5%
Q1 25
1.4%
-10.2%
Q4 24
3.7%
0.6%
Q3 24
2.0%
-11.2%
Q2 24
2.5%
-20.1%
Q1 24
-0.9%
-25.5%
EPS (diluted)
NATL
NATL
SNAP
SNAP
Q4 25
$1.09
$0.03
Q3 25
$0.34
$-0.06
Q2 25
$0.52
$-0.16
Q1 25
$0.19
$-0.08
Q4 24
$0.56
$0.01
Q3 24
$0.28
$-0.09
Q2 24
$0.37
$-0.15
Q1 24
$-0.13
$-0.19

Balance Sheet & Financial Strength

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

Metric
NATL
NATL
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$456.0M
$2.9B
Total DebtLower is stronger
$2.7B
$3.5B
Stockholders' EquityBook value
$403.0M
$2.3B
Total Assets
$5.7B
$7.7B
Debt / EquityLower = less leverage
6.63×
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATL
NATL
SNAP
SNAP
Q4 25
$456.0M
$2.9B
Q3 25
$412.0M
$3.0B
Q2 25
$357.0M
$2.9B
Q1 25
$352.0M
$3.2B
Q4 24
$419.0M
$3.4B
Q3 24
$395.0M
$3.2B
Q2 24
$374.0M
$3.1B
Q1 24
$343.0M
$2.9B
Total Debt
NATL
NATL
SNAP
SNAP
Q4 25
$2.7B
$3.5B
Q3 25
$2.8B
$3.5B
Q2 25
$2.8B
$3.6B
Q1 25
$3.6B
Q4 24
$2.9B
$3.6B
Q3 24
$3.6B
Q2 24
$3.6B
Q1 24
$3.3B
Stockholders' Equity
NATL
NATL
SNAP
SNAP
Q4 25
$403.0M
$2.3B
Q3 25
$330.0M
$2.2B
Q2 25
$350.0M
$2.1B
Q1 25
$275.0M
$2.3B
Q4 24
$219.0M
$2.5B
Q3 24
$264.0M
$2.2B
Q2 24
$250.0M
$2.1B
Q1 24
$283.0M
$2.1B
Total Assets
NATL
NATL
SNAP
SNAP
Q4 25
$5.7B
$7.7B
Q3 25
$5.7B
$7.6B
Q2 25
$5.8B
$7.4B
Q1 25
$5.7B
$7.6B
Q4 24
$5.5B
$7.9B
Q3 24
$5.7B
$7.6B
Q2 24
$5.8B
$7.4B
Q1 24
$5.8B
$7.2B
Debt / Equity
NATL
NATL
SNAP
SNAP
Q4 25
6.63×
1.55×
Q3 25
8.45×
1.59×
Q2 25
8.05×
1.73×
Q1 25
1.56×
Q4 24
13.05×
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
NATL
NATL
SNAP
SNAP
Operating Cash FlowLast quarter
$231.0M
$269.6M
Free Cash FlowOCF − Capex
$194.0M
$205.6M
FCF MarginFCF / Revenue
16.8%
12.0%
Capex IntensityCapex / Revenue
3.2%
3.7%
Cash ConversionOCF / Net Profit
2.78×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$239.0M
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATL
NATL
SNAP
SNAP
Q4 25
$231.0M
$269.6M
Q3 25
$25.0M
$146.5M
Q2 25
$-23.0M
$88.5M
Q1 25
$123.0M
$151.6M
Q4 24
$80.0M
$230.6M
Q3 24
$107.0M
$115.9M
Q2 24
$9.0M
$-21.4M
Q1 24
$148.0M
$88.4M
Free Cash Flow
NATL
NATL
SNAP
SNAP
Q4 25
$194.0M
$205.6M
Q3 25
$-5.0M
$93.4M
Q2 25
$-44.0M
$23.8M
Q1 25
$94.0M
$114.4M
Q4 24
$62.0M
$182.4M
Q3 24
$85.0M
$71.8M
Q2 24
$-14.0M
$-73.4M
Q1 24
$124.0M
$37.9M
FCF Margin
NATL
NATL
SNAP
SNAP
Q4 25
16.8%
12.0%
Q3 25
-0.4%
6.2%
Q2 25
-4.0%
1.8%
Q1 25
9.6%
8.4%
Q4 24
5.6%
11.7%
Q3 24
7.9%
5.2%
Q2 24
-1.3%
-5.9%
Q1 24
11.9%
3.2%
Capex Intensity
NATL
NATL
SNAP
SNAP
Q4 25
3.2%
3.7%
Q3 25
2.7%
3.5%
Q2 25
1.9%
4.8%
Q1 25
3.0%
2.7%
Q4 24
1.6%
3.1%
Q3 24
2.1%
3.2%
Q2 24
2.1%
4.2%
Q1 24
2.3%
4.2%
Cash Conversion
NATL
NATL
SNAP
SNAP
Q4 25
2.78×
5.96×
Q3 25
0.96×
Q2 25
-0.59×
Q1 25
8.79×
Q4 24
1.95×
25.34×
Q3 24
5.10×
Q2 24
0.33×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NATL
NATL

Services$848.0M74%
APJ$136.0M12%
Americas Excluding United States$135.0M12%
TT$44.0M4%

SNAP
SNAP

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

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