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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) 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 $939.4M, roughly 1.3× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs -24.2%, a 47.5% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 25.1%).

New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.

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.

NJR vs SNOW — Head-to-Head

Bigger by revenue
SNOW
SNOW
1.3× larger
SNOW
$1.2B
$939.4M
NJR
Growing faster (revenue YoY)
SNOW
SNOW
+61.7% gap
SNOW
28.7%
-33.0%
NJR
Higher net margin
NJR
NJR
47.5% more per $
NJR
23.3%
-24.2%
SNOW
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
25.1%
SNOW

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
NJR
NJR
SNOW
SNOW
Revenue
$939.4M
$1.2B
Net Profit
$218.9M
$-294.0M
Gross Margin
67.8%
Operating Margin
32.0%
-27.2%
Net Margin
23.3%
-24.2%
Revenue YoY
-33.0%
28.7%
Net Profit YoY
7.2%
9.4%
EPS (diluted)
$2.16
$-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
NJR
NJR
SNOW
SNOW
Q1 26
$939.4M
Q4 25
$440.9M
$1.2B
Q3 25
$188.3M
$1.1B
Q2 25
$234.8M
$1.0B
Q1 25
$569.2M
$986.8M
Q4 24
$359.0M
$942.1M
Q3 24
$265.7M
$868.8M
Q2 24
$209.9M
$828.7M
Net Profit
NJR
NJR
SNOW
SNOW
Q1 26
$218.9M
Q4 25
$122.5M
$-294.0M
Q3 25
$15.1M
$-298.0M
Q2 25
$-15.1M
$-430.1M
Q1 25
$204.3M
$-327.5M
Q4 24
$131.3M
$-324.3M
Q3 24
$91.1M
$-316.9M
Q2 24
$-11.6M
$-317.0M
Gross Margin
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
67.8%
Q3 25
67.5%
Q2 25
66.5%
Q1 25
66.2%
Q4 24
65.9%
Q3 24
66.8%
Q2 24
67.1%
Operating Margin
NJR
NJR
SNOW
SNOW
Q1 26
32.0%
Q4 25
40.6%
-27.2%
Q3 25
21.5%
-29.7%
Q2 25
-0.5%
-42.9%
Q1 25
49.2%
-39.2%
Q4 24
52.8%
-38.8%
Q3 24
55.0%
-40.9%
Q2 24
2.8%
-42.1%
Net Margin
NJR
NJR
SNOW
SNOW
Q1 26
23.3%
Q4 25
27.8%
-24.2%
Q3 25
8.0%
-26.0%
Q2 25
-6.4%
-41.3%
Q1 25
35.9%
-33.2%
Q4 24
36.6%
-34.4%
Q3 24
34.3%
-36.5%
Q2 24
-5.5%
-38.3%
EPS (diluted)
NJR
NJR
SNOW
SNOW
Q1 26
$2.16
Q4 25
$1.21
$-0.87
Q3 25
$0.15
$-0.89
Q2 25
$-0.15
$-1.29
Q1 25
$2.02
$-0.98
Q4 24
$1.31
$-0.98
Q3 24
$0.91
$-0.95
Q2 24
$-0.12
$-0.95

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
$2.4M
$1.9B
Q3 25
$591.0K
$1.9B
Q2 25
$931.0K
$2.2B
Q1 25
$83.7M
$2.6B
Q4 24
$1.9M
$2.1B
Q3 24
$1.0M
$1.3B
Q2 24
$22.4M
$1.3B
Total Debt
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
$3.3B
Q3 25
$3.3B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
$2.5B
$2.1B
Q3 25
$2.4B
$2.4B
Q2 25
$2.4B
$2.4B
Q1 25
$2.5B
$3.0B
Q4 24
$2.3B
$2.9B
Q3 24
$2.2B
$4.1B
Q2 24
$2.1B
$4.6B
Total Assets
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
$7.9B
$8.2B
Q3 25
$7.6B
$8.2B
Q2 25
$7.3B
$8.2B
Q1 25
$7.3B
$9.0B
Q4 24
$7.2B
$8.2B
Q3 24
$7.0B
$6.9B
Q2 24
$6.8B
$7.3B
Debt / Equity
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
1.32×
Q3 25
1.36×
Q2 25
1.25×
Q1 25
1.20×
Q4 24
1.29×
Q3 24
1.31×
Q2 24
1.30×

Cash Flow & Capital Efficiency

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

Metric
NJR
NJR
SNOW
SNOW
Operating Cash FlowLast quarter
$137.5M
Free Cash FlowOCF − Capex
$113.6M
FCF MarginFCF / Revenue
9.4%
Capex IntensityCapex / Revenue
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
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
$26.7M
$137.5M
Q3 25
$81.2M
$74.9M
Q2 25
$-28.9M
$228.4M
Q1 25
$423.0M
$432.7M
Q4 24
$-9.0M
$101.7M
Q3 24
$64.5M
$69.9M
Q2 24
$24.3M
$355.5M
Free Cash Flow
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
$113.6M
Q3 25
$58.2M
Q2 25
$183.4M
Q1 25
$421.4M
Q4 24
$88.3M
Q3 24
$64.8M
Q2 24
$338.9M
FCF Margin
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
9.4%
Q3 25
5.1%
Q2 25
17.6%
Q1 25
42.7%
Q4 24
9.4%
Q3 24
7.5%
Q2 24
40.9%
Capex Intensity
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
2.0%
Q3 25
1.5%
Q2 25
4.3%
Q1 25
1.1%
Q4 24
1.4%
Q3 24
0.6%
Q2 24
2.0%
Cash Conversion
NJR
NJR
SNOW
SNOW
Q1 26
Q4 25
0.22×
Q3 25
5.39×
Q2 25
Q1 25
2.07×
Q4 24
-0.07×
Q3 24
0.71×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NJR
NJR

Utility$640.9M68%
Nonutility$298.5M32%

SNOW
SNOW

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

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