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Side-by-side financial comparison of Opendoor Technologies Inc. (OPEN) and Snap-on (SNA). Click either name above to swap in a different company.

Snap-on is the larger business by last-quarter revenue ($1.2B vs $720.0M, roughly 1.7× Opendoor Technologies Inc.). Snap-on runs the higher net margin — 21.3% vs -24.0%, a 45.3% gap on every dollar of revenue. On growth, Snap-on posted the faster year-over-year revenue change (2.7% vs -37.6%). Over the past eight quarters, Snap-on's revenue compounded faster (2.0% CAGR vs -31.0%).

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.

OPEN vs SNA — Head-to-Head

Bigger by revenue
SNA
SNA
1.7× larger
SNA
$1.2B
$720.0M
OPEN
Growing faster (revenue YoY)
SNA
SNA
+40.2% gap
SNA
2.7%
-37.6%
OPEN
Higher net margin
SNA
SNA
45.3% more per $
SNA
21.3%
-24.0%
OPEN
Faster 2-yr revenue CAGR
SNA
SNA
Annualised
SNA
2.0%
-31.0%
OPEN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OPEN
OPEN
SNA
SNA
Revenue
$720.0M
$1.2B
Net Profit
$-173.0M
$260.7M
Gross Margin
10.0%
Operating Margin
67.9%
27.8%
Net Margin
-24.0%
21.3%
Revenue YoY
-37.6%
2.7%
Net Profit YoY
-103.5%
1.0%
EPS (diluted)
$-0.18
$4.94

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
OPEN
OPEN
SNA
SNA
Q1 26
$720.0M
Q4 25
$736.0M
$1.2B
Q3 25
$915.0M
$1.2B
Q2 25
$1.6B
$1.2B
Q1 25
$1.2B
$1.1B
Q4 24
$1.1B
$1.2B
Q3 24
$1.4B
$1.1B
Q2 24
$1.5B
$1.2B
Net Profit
OPEN
OPEN
SNA
SNA
Q1 26
$-173.0M
Q4 25
$-1.1B
$260.7M
Q3 25
$-90.0M
$265.4M
Q2 25
$-29.0M
$250.3M
Q1 25
$-85.0M
$240.5M
Q4 24
$-113.0M
$258.1M
Q3 24
$-78.0M
$251.1M
Q2 24
$-92.0M
$271.2M
Gross Margin
OPEN
OPEN
SNA
SNA
Q1 26
10.0%
Q4 25
7.7%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
8.6%
Q4 24
7.8%
Q3 24
7.6%
Q2 24
8.5%
Operating Margin
OPEN
OPEN
SNA
SNA
Q1 26
67.9%
Q4 25
-20.4%
27.8%
Q3 25
-7.4%
29.4%
Q2 25
-0.8%
28.0%
Q1 25
-4.9%
27.7%
Q4 24
-8.7%
27.9%
Q3 24
-4.9%
28.4%
Q2 24
-4.8%
29.9%
Net Margin
OPEN
OPEN
SNA
SNA
Q1 26
-24.0%
Q4 25
-148.9%
21.3%
Q3 25
-9.8%
22.5%
Q2 25
-1.9%
21.4%
Q1 25
-7.4%
21.2%
Q4 24
-10.4%
21.7%
Q3 24
-5.7%
22.0%
Q2 24
-6.1%
23.1%
EPS (diluted)
OPEN
OPEN
SNA
SNA
Q1 26
$-0.18
Q4 25
$-1.42
$4.94
Q3 25
$-0.12
$5.02
Q2 25
$-0.04
$4.72
Q1 25
$-0.12
$4.51
Q4 24
$-0.16
$4.83
Q3 24
$-0.11
$4.70
Q2 24
$-0.13
$5.07

Balance Sheet & Financial Strength

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

Metric
OPEN
OPEN
SNA
SNA
Cash + ST InvestmentsLiquidity on hand
$999.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$954.0M
Total Assets
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPEN
OPEN
SNA
SNA
Q1 26
$999.0M
Q4 25
$962.0M
Q3 25
$962.0M
$1.5B
Q2 25
$789.0M
$1.5B
Q1 25
$559.0M
$1.4B
Q4 24
$679.0M
$1.4B
Q3 24
$837.0M
$1.3B
Q2 24
$809.0M
$1.2B
Total Debt
OPEN
OPEN
SNA
SNA
Q1 26
Q4 25
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Stockholders' Equity
OPEN
OPEN
SNA
SNA
Q1 26
$954.0M
Q4 25
$1.0B
Q3 25
$811.0M
$5.8B
Q2 25
$631.0M
$5.7B
Q1 25
$645.0M
$5.5B
Q4 24
$713.0M
$5.4B
Q3 24
$801.0M
$5.5B
Q2 24
$845.0M
$5.3B
Total Assets
OPEN
OPEN
SNA
SNA
Q1 26
$2.3B
Q4 25
$2.4B
Q3 25
$2.7B
$8.4B
Q2 25
$2.9B
$8.2B
Q1 25
$3.3B
$8.1B
Q4 24
$3.1B
$7.9B
Q3 24
$3.4B
$8.0B
Q2 24
$3.4B
$7.8B
Debt / Equity
OPEN
OPEN
SNA
SNA
Q1 26
Q4 25
Q3 25
0.21×
Q2 25
0.21×
Q1 25
Q4 24
0.22×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
OPEN
OPEN
SNA
SNA
Operating Cash FlowLast quarter
$-246.0M
$268.1M
Free Cash FlowOCF − Capex
$254.6M
FCF MarginFCF / Revenue
20.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
1.03×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPEN
OPEN
SNA
SNA
Q1 26
$-246.0M
Q4 25
$70.0M
$268.1M
Q3 25
$435.0M
$277.9M
Q2 25
$823.0M
$237.2M
Q1 25
$-279.0M
$298.5M
Q4 24
$-80.0M
$293.5M
Q3 24
$62.0M
$274.2M
Q2 24
$-399.0M
$301.1M
Free Cash Flow
OPEN
OPEN
SNA
SNA
Q1 26
Q4 25
$67.0M
$254.6M
Q3 25
$432.0M
$258.0M
Q2 25
$821.0M
$217.5M
Q1 25
$-283.0M
$275.6M
Q4 24
$-83.0M
$275.4M
Q3 24
$56.0M
$253.8M
Q2 24
$-407.0M
$277.9M
FCF Margin
OPEN
OPEN
SNA
SNA
Q1 26
Q4 25
9.1%
20.8%
Q3 25
47.2%
21.8%
Q2 25
52.4%
18.6%
Q1 25
-24.5%
24.3%
Q4 24
-7.7%
23.1%
Q3 24
4.1%
22.3%
Q2 24
-26.9%
23.7%
Capex Intensity
OPEN
OPEN
SNA
SNA
Q1 26
Q4 25
0.4%
1.1%
Q3 25
0.3%
1.7%
Q2 25
0.1%
1.7%
Q1 25
0.3%
2.0%
Q4 24
0.3%
1.5%
Q3 24
0.4%
1.8%
Q2 24
0.5%
2.0%
Cash Conversion
OPEN
OPEN
SNA
SNA
Q1 26
Q4 25
1.03×
Q3 25
1.05×
Q2 25
0.95×
Q1 25
1.24×
Q4 24
1.14×
Q3 24
1.09×
Q2 24
1.11×

Financial Flow Comparison

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

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