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Side-by-side financial comparison of BeOne Medicines Ltd. (ONC) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
BeOne Medicines Ltd. is the larger business by last-quarter revenue ($1.5B vs $1.2B, roughly 1.2× Snowflake Inc.). BeOne Medicines Ltd. runs the higher net margin — 4.4% vs -24.2%, a 28.7% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs 28.7%). BeOne Medicines Ltd. produced more free cash flow last quarter ($379.8M vs $113.6M). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% CAGR vs 25.1%).
BeOne Medicines Ltd.ONCEarnings & Financial Report
BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.
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.
ONC vs SNOW — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.2B |
| Net Profit | $66.5M | $-294.0M |
| Gross Margin | 90.5% | 67.8% |
| Operating Margin | 12.4% | -27.2% |
| Net Margin | 4.4% | -24.2% |
| Revenue YoY | 32.8% | 28.7% |
| Net Profit YoY | 143.8% | 9.4% |
| EPS (diluted) | $0.05 | $-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 | $1.5B | $1.2B | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.1B | $986.8M | ||
| Q4 24 | $1.1B | $942.1M | ||
| Q3 24 | $1.0B | $868.8M | ||
| Q2 24 | $929.2M | $828.7M | ||
| Q1 24 | $751.7M | $774.7M |
| Q4 25 | $66.5M | $-294.0M | ||
| Q3 25 | $124.8M | $-298.0M | ||
| Q2 25 | $94.3M | $-430.1M | ||
| Q1 25 | $1.3M | $-327.5M | ||
| Q4 24 | $-151.9M | $-324.3M | ||
| Q3 24 | $-121.3M | $-316.9M | ||
| Q2 24 | $-120.4M | $-317.0M | ||
| Q1 24 | $-251.2M | $-169.4M |
| Q4 25 | 90.5% | 67.8% | ||
| Q3 25 | 86.1% | 67.5% | ||
| Q2 25 | 87.5% | 66.5% | ||
| Q1 25 | 85.2% | 66.2% | ||
| Q4 24 | 85.8% | 65.9% | ||
| Q3 24 | 83.0% | 66.8% | ||
| Q2 24 | 85.1% | 67.1% | ||
| Q1 24 | 83.4% | 68.8% |
| Q4 25 | 12.4% | -27.2% | ||
| Q3 25 | 11.5% | -29.7% | ||
| Q2 25 | 6.7% | -42.9% | ||
| Q1 25 | 1.0% | -39.2% | ||
| Q4 24 | -7.0% | -38.8% | ||
| Q3 24 | -12.0% | -40.9% | ||
| Q2 24 | -11.5% | -42.1% | ||
| Q1 24 | -34.8% | -35.6% |
| Q4 25 | 4.4% | -24.2% | ||
| Q3 25 | 8.8% | -26.0% | ||
| Q2 25 | 7.2% | -41.3% | ||
| Q1 25 | 0.1% | -33.2% | ||
| Q4 24 | -13.5% | -34.4% | ||
| Q3 24 | -12.1% | -36.5% | ||
| Q2 24 | -13.0% | -38.3% | ||
| Q1 24 | -33.4% | -21.9% |
| Q4 25 | $0.05 | $-0.87 | ||
| Q3 25 | $0.08 | $-0.89 | ||
| Q2 25 | $0.06 | $-1.29 | ||
| Q1 25 | $0.00 | $-0.98 | ||
| Q4 24 | $-0.10 | $-0.98 | ||
| Q3 24 | $-0.09 | $-0.95 | ||
| Q2 24 | $-0.09 | $-0.95 | ||
| Q1 24 | $-0.19 | $-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 | $4.5B | $1.9B |
| Total DebtLower is stronger | $836.4M | — |
| Stockholders' EquityBook value | $4.4B | $2.1B |
| Total Assets | $8.2B | $8.2B |
| Debt / EquityLower = less leverage | 0.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.5B | $1.9B | ||
| Q3 25 | $4.0B | $1.9B | ||
| Q2 25 | $2.8B | $2.2B | ||
| Q1 25 | $2.5B | $2.6B | ||
| Q4 24 | $2.6B | $2.1B | ||
| Q3 24 | $2.7B | $1.3B | ||
| Q2 24 | $2.6B | $1.3B | ||
| Q1 24 | $2.8B | $1.8B |
| Q4 25 | $836.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $4.4B | $2.1B | ||
| Q3 25 | $4.1B | $2.4B | ||
| Q2 25 | $3.8B | $2.4B | ||
| Q1 25 | $3.5B | $3.0B | ||
| Q4 24 | $3.3B | $2.9B | ||
| Q3 24 | $3.4B | $4.1B | ||
| Q2 24 | $3.4B | $4.6B | ||
| Q1 24 | $3.4B | $5.2B |
| Q4 25 | $8.2B | $8.2B | ||
| Q3 25 | $7.6B | $8.2B | ||
| Q2 25 | $6.3B | $8.2B | ||
| Q1 25 | $5.8B | $9.0B | ||
| Q4 24 | $5.9B | $8.2B | ||
| Q3 24 | $5.8B | $6.9B | ||
| Q2 24 | $5.7B | $7.3B | ||
| Q1 24 | $5.7B | $8.2B |
| Q4 25 | 0.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $417.3M | $137.5M |
| Free Cash FlowOCF − Capex | $379.8M | $113.6M |
| FCF MarginFCF / Revenue | 25.4% | 9.4% |
| Capex IntensityCapex / Revenue | 2.5% | 2.0% |
| Cash ConversionOCF / Net Profit | 6.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | $941.7M | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $417.3M | $137.5M | ||
| Q3 25 | $402.6M | $74.9M | ||
| Q2 25 | $263.6M | $228.4M | ||
| Q1 25 | $44.1M | $432.7M | ||
| Q4 24 | $75.2M | $101.7M | ||
| Q3 24 | $188.4M | $69.9M | ||
| Q2 24 | $-95.6M | $355.5M | ||
| Q1 24 | $-308.6M | $344.6M |
| Q4 25 | $379.8M | $113.6M | ||
| Q3 25 | $354.5M | $58.2M | ||
| Q2 25 | $219.8M | $183.4M | ||
| Q1 25 | $-12.3M | $421.4M | ||
| Q4 24 | $-17.3M | $88.3M | ||
| Q3 24 | $54.7M | $64.8M | ||
| Q2 24 | $-205.5M | $338.9M | ||
| Q1 24 | $-465.1M | $331.5M |
| Q4 25 | 25.4% | 9.4% | ||
| Q3 25 | 25.1% | 5.1% | ||
| Q2 25 | 16.7% | 17.6% | ||
| Q1 25 | -1.1% | 42.7% | ||
| Q4 24 | -1.5% | 9.4% | ||
| Q3 24 | 5.5% | 7.5% | ||
| Q2 24 | -22.1% | 40.9% | ||
| Q1 24 | -61.9% | 42.8% |
| Q4 25 | 2.5% | 2.0% | ||
| Q3 25 | 3.4% | 1.5% | ||
| Q2 25 | 3.3% | 4.3% | ||
| Q1 25 | 5.0% | 1.1% | ||
| Q4 24 | 8.2% | 1.4% | ||
| Q3 24 | 13.3% | 0.6% | ||
| Q2 24 | 11.8% | 2.0% | ||
| Q1 24 | 20.8% | 1.7% |
| Q4 25 | 6.28× | — | ||
| Q3 25 | 3.22× | — | ||
| Q2 25 | 2.79× | — | ||
| Q1 25 | 34.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ONC
Segment breakdown not available.
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
