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Side-by-side financial comparison of PulteGroup (PHM) and Snap Inc (SNAP). Click either name above to swap in a different company.

PulteGroup is the larger business by last-quarter revenue ($3.4B vs $1.7B, roughly 2.0× Snap Inc). PulteGroup runs the higher net margin — 10.2% vs 2.6%, a 7.5% gap on every dollar of revenue. On growth, Snap Inc posted the faster year-over-year revenue change (10.2% vs -12.4%). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% CAGR vs -13.9%).

PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.

Snap Inc. is an American technology company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown, based in Santa Monica, California. The company developed and maintains technological products and services, namely Snapchat, Spectacles, Bitmoji, and SnapBoost. The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, to include the Spectacles product under the company name.

PHM vs SNAP — Head-to-Head

Bigger by revenue
PHM
PHM
2.0× larger
PHM
$3.4B
$1.7B
SNAP
Growing faster (revenue YoY)
SNAP
SNAP
+22.7% gap
SNAP
10.2%
-12.4%
PHM
Higher net margin
PHM
PHM
7.5% more per $
PHM
10.2%
2.6%
SNAP
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
-13.9%
PHM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PHM
PHM
SNAP
SNAP
Revenue
$3.4B
$1.7B
Net Profit
$347.0M
$45.2M
Gross Margin
59.1%
Operating Margin
2.9%
Net Margin
10.2%
2.6%
Revenue YoY
-12.4%
10.2%
Net Profit YoY
396.7%
EPS (diluted)
$0.03

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
PHM
PHM
SNAP
SNAP
Q1 26
$3.4B
Q4 25
$4.6B
$1.7B
Q3 25
$4.4B
$1.5B
Q2 25
$4.4B
$1.3B
Q1 25
$3.9B
$1.4B
Q4 24
$4.9B
$1.6B
Q3 24
$4.5B
$1.4B
Q2 24
$4.6B
$1.2B
Net Profit
PHM
PHM
SNAP
SNAP
Q1 26
$347.0M
Q4 25
$501.6M
$45.2M
Q3 25
$585.8M
$-103.5M
Q2 25
$608.5M
$-262.6M
Q1 25
$522.8M
$-139.6M
Q4 24
$913.2M
$9.1M
Q3 24
$697.9M
$-153.2M
Q2 24
$809.1M
$-248.6M
Gross Margin
PHM
PHM
SNAP
SNAP
Q1 26
Q4 25
59.1%
Q3 25
27.8%
55.3%
Q2 25
28.6%
51.4%
Q1 25
28.8%
53.1%
Q4 24
56.9%
Q3 24
30.4%
53.5%
Q2 24
31.4%
52.4%
Operating Margin
PHM
PHM
SNAP
SNAP
Q1 26
Q4 25
2.9%
Q3 25
-8.5%
Q2 25
-19.3%
Q1 25
-14.2%
Q4 24
-1.7%
Q3 24
-12.6%
Q2 24
-20.5%
Net Margin
PHM
PHM
SNAP
SNAP
Q1 26
10.2%
Q4 25
10.9%
2.6%
Q3 25
13.3%
-6.9%
Q2 25
13.8%
-19.5%
Q1 25
13.4%
-10.2%
Q4 24
18.6%
0.6%
Q3 24
15.6%
-11.2%
Q2 24
17.6%
-20.1%
EPS (diluted)
PHM
PHM
SNAP
SNAP
Q1 26
Q4 25
$2.56
$0.03
Q3 25
$2.96
$-0.06
Q2 25
$3.03
$-0.16
Q1 25
$2.57
$-0.08
Q4 24
$4.41
$0.01
Q3 24
$3.35
$-0.09
Q2 24
$3.83
$-0.15

Balance Sheet & Financial Strength

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

Metric
PHM
PHM
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$1.8B
$2.9B
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$13.0B
$2.3B
Total Assets
$5.2B
$7.7B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PHM
PHM
SNAP
SNAP
Q1 26
$1.8B
Q4 25
$2.0B
$2.9B
Q3 25
$1.5B
$3.0B
Q2 25
$1.2B
$2.9B
Q1 25
$1.2B
$3.2B
Q4 24
$1.6B
$3.4B
Q3 24
$1.4B
$3.2B
Q2 24
$1.4B
$3.1B
Total Debt
PHM
PHM
SNAP
SNAP
Q1 26
Q4 25
$43.9M
$3.5B
Q3 25
$3.5B
Q2 25
$3.6B
Q1 25
$3.6B
Q4 24
$31.1M
$3.6B
Q3 24
$3.6B
Q2 24
$3.6B
Stockholders' Equity
PHM
PHM
SNAP
SNAP
Q1 26
$13.0B
Q4 25
$13.0B
$2.3B
Q3 25
$12.8B
$2.2B
Q2 25
$12.6B
$2.1B
Q1 25
$12.3B
$2.3B
Q4 24
$12.1B
$2.5B
Q3 24
$11.6B
$2.2B
Q2 24
$11.2B
$2.1B
Total Assets
PHM
PHM
SNAP
SNAP
Q1 26
$5.2B
Q4 25
$18.0B
$7.7B
Q3 25
$17.9B
$7.6B
Q2 25
$17.6B
$7.4B
Q1 25
$17.3B
$7.6B
Q4 24
$17.4B
$7.9B
Q3 24
$17.0B
$7.6B
Q2 24
$16.5B
$7.4B
Debt / Equity
PHM
PHM
SNAP
SNAP
Q1 26
Q4 25
0.00×
1.55×
Q3 25
1.59×
Q2 25
1.73×
Q1 25
1.56×
Q4 24
0.00×
1.49×
Q3 24
1.65×
Q2 24
1.76×

Cash Flow & Capital Efficiency

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

Metric
PHM
PHM
SNAP
SNAP
Operating Cash FlowLast quarter
$159.8M
$269.6M
Free Cash FlowOCF − Capex
$205.6M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
0.7%
3.7%
Cash ConversionOCF / Net Profit
0.46×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PHM
PHM
SNAP
SNAP
Q1 26
$159.8M
Q4 25
$771.1M
$269.6M
Q3 25
$678.4M
$146.5M
Q2 25
$287.5M
$88.5M
Q1 25
$134.2M
$151.6M
Q4 24
$567.6M
$230.6M
Q3 24
$455.9M
$115.9M
Q2 24
$417.5M
$-21.4M
Free Cash Flow
PHM
PHM
SNAP
SNAP
Q1 26
Q4 25
$739.8M
$205.6M
Q3 25
$651.1M
$93.4M
Q2 25
$253.0M
$23.8M
Q1 25
$104.6M
$114.4M
Q4 24
$543.1M
$182.4M
Q3 24
$417.2M
$71.8M
Q2 24
$386.2M
$-73.4M
FCF Margin
PHM
PHM
SNAP
SNAP
Q1 26
Q4 25
16.0%
12.0%
Q3 25
14.8%
6.2%
Q2 25
5.7%
1.8%
Q1 25
2.7%
8.4%
Q4 24
11.0%
11.7%
Q3 24
9.3%
5.2%
Q2 24
8.4%
-5.9%
Capex Intensity
PHM
PHM
SNAP
SNAP
Q1 26
0.7%
Q4 25
0.7%
3.7%
Q3 25
0.6%
3.5%
Q2 25
0.8%
4.8%
Q1 25
0.8%
2.7%
Q4 24
0.5%
3.1%
Q3 24
0.9%
3.2%
Q2 24
0.7%
4.2%
Cash Conversion
PHM
PHM
SNAP
SNAP
Q1 26
0.46×
Q4 25
1.54×
5.96×
Q3 25
1.16×
Q2 25
0.47×
Q1 25
0.26×
Q4 24
0.62×
25.34×
Q3 24
0.65×
Q2 24
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PHM
PHM

Home sale revenues$3.3B97%
Financial Services$71.7M2%
Land sale and other revenues$29.3M1%

SNAP
SNAP

Advertising Revenue$1.5B86%
Other Revenue$231.9M14%

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