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Side-by-side financial comparison of Ovintiv Inc. (OVV) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.7× Snowflake Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs -24.2%, a 70.3% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $113.6M). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs -7.2%).
Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.
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.
OVV vs SNOW — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.2B |
| Net Profit | $946.0M | $-294.0M |
| Gross Margin | — | 67.8% |
| Operating Margin | 21.2% | -27.2% |
| Net Margin | 46.1% | -24.2% |
| Revenue YoY | -6.0% | 28.7% |
| Net Profit YoY | 1676.7% | 9.4% |
| EPS (diluted) | $3.64 | $-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 | $2.1B | $1.2B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.2B | $1.0B | ||
| Q1 25 | $2.4B | $986.8M | ||
| Q4 24 | $2.2B | $942.1M | ||
| Q3 24 | $2.2B | $868.8M | ||
| Q2 24 | $2.2B | $828.7M | ||
| Q1 24 | $2.4B | $774.7M |
| Q4 25 | $946.0M | $-294.0M | ||
| Q3 25 | $148.0M | $-298.0M | ||
| Q2 25 | $307.0M | $-430.1M | ||
| Q1 25 | $-159.0M | $-327.5M | ||
| Q4 24 | $-60.0M | $-324.3M | ||
| Q3 24 | $507.0M | $-316.9M | ||
| Q2 24 | $340.0M | $-317.0M | ||
| Q1 24 | $338.0M | $-169.4M |
| 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% | ||
| Q1 24 | — | 68.8% |
| Q4 25 | 21.2% | -27.2% | ||
| Q3 25 | 13.5% | -29.7% | ||
| Q2 25 | 23.1% | -42.9% | ||
| Q1 25 | -3.7% | -39.2% | ||
| Q4 24 | 0.1% | -38.8% | ||
| Q3 24 | 24.2% | -40.9% | ||
| Q2 24 | 25.4% | -42.1% | ||
| Q1 24 | 20.7% | -35.6% |
| Q4 25 | 46.1% | -24.2% | ||
| Q3 25 | 7.3% | -26.0% | ||
| Q2 25 | 13.9% | -41.3% | ||
| Q1 25 | -6.7% | -33.2% | ||
| Q4 24 | -2.7% | -34.4% | ||
| Q3 24 | 23.3% | -36.5% | ||
| Q2 24 | 15.5% | -38.3% | ||
| Q1 24 | 14.2% | -21.9% |
| Q4 25 | $3.64 | $-0.87 | ||
| Q3 25 | $0.57 | $-0.89 | ||
| Q2 25 | $1.18 | $-1.29 | ||
| Q1 25 | $-0.61 | $-0.98 | ||
| Q4 24 | $-0.22 | $-0.98 | ||
| Q3 24 | $1.92 | $-0.95 | ||
| Q2 24 | $1.27 | $-0.95 | ||
| Q1 24 | $1.24 | $-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 | $280.0M | $1.9B |
| Total DebtLower is stronger | $5.2B | — |
| Stockholders' EquityBook value | $11.2B | $2.1B |
| Total Assets | $20.4B | $8.2B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $280.0M | $1.9B | ||
| Q3 25 | $25.0M | $1.9B | ||
| Q2 25 | $20.0M | $2.2B | ||
| Q1 25 | $8.0M | $2.6B | ||
| Q4 24 | $42.0M | $2.1B | ||
| Q3 24 | $9.0M | $1.3B | ||
| Q2 24 | $8.0M | $1.3B | ||
| Q1 24 | $5.0M | $1.8B |
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.2B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.5B | — | ||
| Q4 24 | $5.5B | — | ||
| Q3 24 | $5.9B | — | ||
| Q2 24 | $6.1B | — | ||
| Q1 24 | $6.2B | — |
| Q4 25 | $11.2B | $2.1B | ||
| Q3 25 | $10.2B | $2.4B | ||
| Q2 25 | $10.4B | $2.4B | ||
| Q1 25 | $10.1B | $3.0B | ||
| Q4 24 | $10.3B | $2.9B | ||
| Q3 24 | $10.7B | $4.1B | ||
| Q2 24 | $10.3B | $4.6B | ||
| Q1 24 | $10.3B | $5.2B |
| Q4 25 | $20.4B | $8.2B | ||
| Q3 25 | $19.4B | $8.2B | ||
| Q2 25 | $19.7B | $8.2B | ||
| Q1 25 | $19.6B | $9.0B | ||
| Q4 24 | $19.3B | $8.2B | ||
| Q3 24 | $19.9B | $6.9B | ||
| Q2 24 | $19.8B | $7.3B | ||
| Q1 24 | $19.8B | $8.2B |
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 0.55× | — | ||
| Q4 24 | 0.53× | — | ||
| Q3 24 | 0.55× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.60× | — |
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 | $954.0M | $137.5M |
| Free Cash FlowOCF − Capex | $489.0M | $113.6M |
| FCF MarginFCF / Revenue | 23.8% | 9.4% |
| Capex IntensityCapex / Revenue | 22.6% | 2.0% |
| Cash ConversionOCF / Net Profit | 1.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $954.0M | $137.5M | ||
| Q3 25 | $812.0M | $74.9M | ||
| Q2 25 | $1.0B | $228.4M | ||
| Q1 25 | $873.0M | $432.7M | ||
| Q4 24 | $1.0B | $101.7M | ||
| Q3 24 | $1.0B | $69.9M | ||
| Q2 24 | $1.0B | $355.5M | ||
| Q1 24 | $659.0M | $344.6M |
| Q4 25 | $489.0M | $113.6M | ||
| Q3 25 | $268.0M | $58.2M | ||
| Q2 25 | $492.0M | $183.4M | ||
| Q1 25 | $256.0M | $421.4M | ||
| Q4 24 | $468.0M | $88.3M | ||
| Q3 24 | $484.0M | $64.8M | ||
| Q2 24 | $398.0M | $338.9M | ||
| Q1 24 | $68.0M | $331.5M |
| Q4 25 | 23.8% | 9.4% | ||
| Q3 25 | 13.3% | 5.1% | ||
| Q2 25 | 22.2% | 17.6% | ||
| Q1 25 | 10.8% | 42.7% | ||
| Q4 24 | 21.4% | 9.4% | ||
| Q3 24 | 22.2% | 7.5% | ||
| Q2 24 | 18.1% | 40.9% | ||
| Q1 24 | 2.8% | 42.8% |
| Q4 25 | 22.6% | 2.0% | ||
| Q3 25 | 26.9% | 1.5% | ||
| Q2 25 | 23.5% | 4.3% | ||
| Q1 25 | 26.0% | 1.1% | ||
| Q4 24 | 25.3% | 1.4% | ||
| Q3 24 | 24.7% | 0.6% | ||
| Q2 24 | 28.4% | 2.0% | ||
| Q1 24 | 24.8% | 1.7% |
| Q4 25 | 1.01× | — | ||
| Q3 25 | 5.49× | — | ||
| Q2 25 | 3.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.02× | — | ||
| Q2 24 | 3.00× | — | ||
| Q1 24 | 1.95× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
