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Side-by-side financial comparison of North American Construction Group Ltd. (NOA) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
Snowflake Inc. is the larger business by last-quarter revenue ($1.3B vs $860.2M, roughly 1.5× North American Construction Group Ltd.). North American Construction Group Ltd. runs the higher net margin — 4.7% vs -24.1%, a 28.8% gap on every dollar of revenue. Over the past eight quarters, North American Construction Group Ltd.'s revenue compounded faster (58.0% CAGR vs 24.5%).
Shanghai Construction (Group) Corporation (SCG) is a Chinese construction and engineering company, ranked as the 16th largest construction company in the world based on 2011 revenues.
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.
NOA vs SNOW — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2027
| Metric | | |
|---|---|---|
| Revenue | $860.2M | $1.3B |
| Net Profit | $40.5M | $-309.6M |
| Gross Margin | 19.7% | 66.8% |
| Operating Margin | 15.4% | 8.4% |
| Net Margin | 4.7% | -24.1% |
| Revenue YoY | — | 100.0% |
| Net Profit YoY | — | 5.5% |
| EPS (diluted) | — | $-0.90 |
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 26 | — | $1.3B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $860.2M | $1.1B | ||
| Q2 25 | $573.3M | $1.0B | ||
| Q1 25 | $297.0M | $986.8M | ||
| Q4 24 | — | $942.1M | ||
| Q3 24 | $636.4M | $868.8M | ||
| Q2 24 | $439.5M | $828.7M |
| Q4 26 | — | $-309.6M | ||
| Q4 25 | — | $-294.0M | ||
| Q3 25 | $40.5M | $-298.0M | ||
| Q2 25 | $26.0M | $-430.1M | ||
| Q1 25 | $11.5M | $-327.5M | ||
| Q4 24 | — | $-324.3M | ||
| Q3 24 | $45.5M | $-316.9M | ||
| Q2 24 | $34.1M | $-317.0M |
| Q4 26 | — | 66.8% | ||
| Q4 25 | — | 67.8% | ||
| Q3 25 | 19.7% | 67.5% | ||
| Q2 25 | 18.1% | 66.5% | ||
| Q1 25 | 18.0% | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | 14.0% | 66.8% | ||
| Q2 24 | 14.3% | 67.1% |
| Q4 26 | — | 8.4% | ||
| Q4 25 | — | -27.2% | ||
| Q3 25 | 15.4% | -29.7% | ||
| Q2 25 | 13.6% | -42.9% | ||
| Q1 25 | 13.0% | -39.2% | ||
| Q4 24 | — | -38.8% | ||
| Q3 24 | 7.9% | -40.9% | ||
| Q2 24 | 8.2% | -42.1% |
| Q4 26 | — | -24.1% | ||
| Q4 25 | — | -24.2% | ||
| Q3 25 | 4.7% | -26.0% | ||
| Q2 25 | 4.5% | -41.3% | ||
| Q1 25 | 3.9% | -33.2% | ||
| Q4 24 | — | -34.4% | ||
| Q3 24 | 7.1% | -36.5% | ||
| Q2 24 | 7.8% | -38.3% |
| Q4 26 | — | $-0.90 | ||
| Q4 25 | — | $-0.87 | ||
| Q3 25 | — | $-0.89 | ||
| Q2 25 | — | $-1.29 | ||
| Q1 25 | — | $-0.98 | ||
| Q4 24 | — | $-0.98 | ||
| Q3 24 | — | $-0.95 | ||
| Q2 24 | — | $-0.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.0B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | — |
| Total Assets | $1.7B | $9.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 26 | — | $4.0B | ||
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B |
| Q4 26 | — | — | ||
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.6B |
| Q4 26 | — | $9.1B | ||
| Q4 25 | — | $8.2B | ||
| Q3 25 | $1.7B | $8.2B | ||
| Q2 25 | $1.7B | $8.2B | ||
| Q1 25 | $1.7B | $9.0B | ||
| Q4 24 | — | $8.2B | ||
| Q3 24 | $1.5B | $6.9B | ||
| Q2 24 | $1.5B | $7.3B |
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 | $140.7M | $781.2M |
| Free Cash FlowOCF − Capex | — | $765.1M |
| FCF MarginFCF / Revenue | — | 59.6% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.47× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 26 | — | $781.2M | ||
| Q4 25 | — | $137.5M | ||
| Q3 25 | $140.7M | $74.9M | ||
| Q2 25 | $85.4M | $228.4M | ||
| Q1 25 | $19.0M | $432.7M | ||
| Q4 24 | — | $101.7M | ||
| Q3 24 | $109.5M | $69.9M | ||
| Q2 24 | $72.0M | $355.5M |
| Q4 26 | — | $765.1M | ||
| 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 |
| Q4 26 | — | 59.6% | ||
| 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% |
| Q4 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% |
| Q4 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.47× | — | ||
| Q2 25 | 3.28× | — | ||
| Q1 25 | 1.65× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.41× | — | ||
| Q2 24 | 2.11× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NOA
Segment breakdown not available.
SNOW
| Product revenue | $1.2B | 96% |
| Other | $57.4M | 4% |
