vs

Side-by-side financial comparison of NGL Energy Partners LP (NGL) and PINTEREST, INC. (PINS). Click either name above to swap in a different company.

PINTEREST, INC. is the larger business by last-quarter revenue ($1.3B vs $909.8M, roughly 1.5× NGL Energy Partners LP). PINTEREST, INC. runs the higher net margin — 21.0% vs 5.2%, a 15.8% gap on every dollar of revenue. On growth, PINTEREST, INC. posted the faster year-over-year revenue change (14.3% vs -41.3%). PINTEREST, INC. produced more free cash flow last quarter ($380.4M vs $45.7M). Over the past eight quarters, PINTEREST, INC.'s revenue compounded faster (33.5% CAGR vs -6.4%).

NGL Energy Partners LP is a U.S.-based midstream energy services firm. It offers transportation, storage, and logistics solutions for crude oil, natural gas liquids, and renewable fuels, plus water management services for upstream energy producers, operating primarily across North American markets.

Pinterest is an American social media service for publishing and discovery of information in the form of digital pinboards. This includes recipes, home, style, motivation, and inspiration on the Internet using image sharing. Pinterest, Inc. was founded by Ben Silbermann, Paul Sciarra, and Evan Sharp, and is headquartered in San Francisco.

NGL vs PINS — Head-to-Head

Bigger by revenue
PINS
PINS
1.5× larger
PINS
$1.3B
$909.8M
NGL
Growing faster (revenue YoY)
PINS
PINS
+55.6% gap
PINS
14.3%
-41.3%
NGL
Higher net margin
PINS
PINS
15.8% more per $
PINS
21.0%
5.2%
NGL
More free cash flow
PINS
PINS
$334.7M more FCF
PINS
$380.4M
$45.7M
NGL
Faster 2-yr revenue CAGR
PINS
PINS
Annualised
PINS
33.5%
-6.4%
NGL

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
NGL
NGL
PINS
PINS
Revenue
$909.8M
$1.3B
Net Profit
$47.2M
$277.1M
Gross Margin
29.0%
82.8%
Operating Margin
12.1%
22.8%
Net Margin
5.2%
21.0%
Revenue YoY
-41.3%
14.3%
Net Profit YoY
249.3%
-85.0%
EPS (diluted)
$0.41

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
NGL
NGL
PINS
PINS
Q4 25
$909.8M
$1.3B
Q3 25
$674.7M
$1.0B
Q2 25
$622.2M
$998.2M
Q1 25
$971.1M
$855.0M
Q4 24
$982.4M
$1.2B
Q3 24
$756.5M
$898.4M
Q2 24
$759.2M
$853.7M
Q1 24
$1.0B
$740.0M
Net Profit
NGL
NGL
PINS
PINS
Q4 25
$47.2M
$277.1M
Q3 25
$29.3M
$92.1M
Q2 25
$68.9M
$38.8M
Q1 25
$13.7M
$8.9M
Q4 24
$13.5M
$1.8B
Q3 24
$2.5M
$30.6M
Q2 24
$9.7M
$8.9M
Q1 24
$-236.8M
$-24.8M
Gross Margin
NGL
NGL
PINS
PINS
Q4 25
29.0%
82.8%
Q3 25
37.6%
79.8%
Q2 25
38.5%
79.7%
Q1 25
26.9%
76.7%
Q4 24
25.1%
82.9%
Q3 24
30.9%
79.1%
Q2 24
29.0%
78.3%
Q1 24
21.8%
75.5%
Operating Margin
NGL
NGL
PINS
PINS
Q4 25
12.1%
22.8%
Q3 25
14.0%
5.6%
Q2 25
15.7%
-0.4%
Q1 25
8.4%
-4.1%
Q4 24
8.6%
22.7%
Q3 24
10.8%
-0.7%
Q2 24
10.8%
-2.5%
Q1 24
-9.4%
-7.4%
Net Margin
NGL
NGL
PINS
PINS
Q4 25
5.2%
21.0%
Q3 25
4.3%
8.8%
Q2 25
11.1%
3.9%
Q1 25
1.4%
1.0%
Q4 24
1.4%
160.1%
Q3 24
0.3%
3.4%
Q2 24
1.3%
1.0%
Q1 24
-22.8%
-3.4%
EPS (diluted)
NGL
NGL
PINS
PINS
Q4 25
$0.41
Q3 25
$0.13
Q2 25
$0.06
Q1 25
$0.01
Q4 24
$2.66
Q3 24
$0.04
Q2 24
$0.01
Q1 24
$-0.04

Balance Sheet & Financial Strength

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

Metric
NGL
NGL
PINS
PINS
Cash + ST InvestmentsLiquidity on hand
$6.5M
$969.3M
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$4.7B
Total Assets
$4.4B
$5.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGL
NGL
PINS
PINS
Q4 25
$6.5M
$969.3M
Q3 25
$8.7M
$1.1B
Q2 25
$5.4M
$1.2B
Q1 25
$13.5M
$1.3B
Q4 24
$5.7M
$1.1B
Q3 24
$4.5M
$1.0B
Q2 24
$5.3M
$1.4B
Q1 24
$38.9M
$1.6B
Total Debt
NGL
NGL
PINS
PINS
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$3.0B
Q4 24
$3.1B
Q3 24
$3.1B
Q2 24
$3.0B
Q1 24
$2.9B
Stockholders' Equity
NGL
NGL
PINS
PINS
Q4 25
$4.7B
Q3 25
$4.8B
Q2 25
$4.8B
Q1 25
$4.7B
Q4 24
$4.8B
Q3 24
$2.9B
Q2 24
$3.2B
Q1 24
$3.1B
Total Assets
NGL
NGL
PINS
PINS
Q4 25
$4.4B
$5.5B
Q3 25
$4.3B
$5.5B
Q2 25
$4.2B
$5.4B
Q1 25
$4.6B
$5.3B
Q4 24
$4.8B
$5.3B
Q3 24
$4.9B
$3.5B
Q2 24
$4.8B
$3.7B
Q1 24
$5.0B
$3.7B

Cash Flow & Capital Efficiency

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

Metric
NGL
NGL
PINS
PINS
Operating Cash FlowLast quarter
$182.3M
$391.2M
Free Cash FlowOCF − Capex
$45.7M
$380.4M
FCF MarginFCF / Revenue
5.0%
28.8%
Capex IntensityCapex / Revenue
15.0%
0.8%
Cash ConversionOCF / Net Profit
3.86×
1.41×
TTM Free Cash FlowTrailing 4 quarters
$126.7M
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGL
NGL
PINS
PINS
Q4 25
$182.3M
$391.2M
Q3 25
$40.5M
$321.7M
Q2 25
$33.2M
$207.7M
Q1 25
$155.0M
$363.7M
Q4 24
$153.8M
$254.0M
Q3 24
$6.7M
$248.0M
Q2 24
$-18.1M
$106.4M
Q1 24
$152.2M
$356.1M
Free Cash Flow
NGL
NGL
PINS
PINS
Q4 25
$45.7M
$380.4M
Q3 25
$9.5M
$318.4M
Q2 25
$11.1M
$196.7M
Q1 25
$60.4M
$356.4M
Q4 24
$152.1M
$250.2M
Q3 24
$-82.9M
$244.1M
Q2 24
$-78.0M
$101.6M
Q1 24
$119.8M
$344.0M
FCF Margin
NGL
NGL
PINS
PINS
Q4 25
5.0%
28.8%
Q3 25
1.4%
30.3%
Q2 25
1.8%
19.7%
Q1 25
6.2%
41.7%
Q4 24
15.5%
21.7%
Q3 24
-11.0%
27.2%
Q2 24
-10.3%
11.9%
Q1 24
11.5%
46.5%
Capex Intensity
NGL
NGL
PINS
PINS
Q4 25
15.0%
0.8%
Q3 25
4.6%
0.3%
Q2 25
3.6%
1.1%
Q1 25
9.7%
0.9%
Q4 24
0.2%
0.3%
Q3 24
11.8%
0.4%
Q2 24
7.9%
0.6%
Q1 24
3.1%
1.6%
Cash Conversion
NGL
NGL
PINS
PINS
Q4 25
3.86×
1.41×
Q3 25
1.38×
3.49×
Q2 25
0.48×
5.36×
Q1 25
11.29×
40.77×
Q4 24
11.39×
0.14×
Q3 24
2.74×
8.12×
Q2 24
-1.87×
11.98×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NGL
NGL

Water Solutions Segment$208.6M23%
Services$193.3M21%
Butane$192.5M21%
Service Fees$182.8M20%
Public Utilities Inventory Propane$93.9M10%
Crude Oil$23.3M3%
Crude Oil Transportation And Other$6.5M1%
Liquids Logistics Segment$2.5M0%
Crude Oil Logistics Segment$1.2M0%

PINS
PINS

United States And Canada$944.3M72%
Other$375.0M28%

Related Comparisons