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Side-by-side financial comparison of RH (RH) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
Snowflake Inc. is the larger business by last-quarter revenue ($1.2B vs $883.8M, roughly 1.4× RH). RH runs the higher net margin — 4.1% vs -24.2%, a 28.3% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 8.9%). Snowflake Inc. produced more free cash flow last quarter ($113.6M vs $83.0M). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs 9.4%).
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
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.
RH vs SNOW — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $883.8M | $1.2B |
| Net Profit | $36.3M | $-294.0M |
| Gross Margin | 44.1% | 67.8% |
| Operating Margin | 12.0% | -27.2% |
| Net Margin | 4.1% | -24.2% |
| Revenue YoY | 8.9% | 28.7% |
| Net Profit YoY | 9.3% | 9.4% |
| EPS (diluted) | $1.83 | $-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 | $883.8M | $1.2B | ||
| Q3 25 | $899.2M | $1.1B | ||
| Q2 25 | $814.0M | $1.0B | ||
| Q1 25 | $812.4M | $986.8M | ||
| Q4 24 | $811.7M | $942.1M | ||
| Q3 24 | $829.7M | $868.8M | ||
| Q2 24 | $727.0M | $828.7M | ||
| Q1 24 | $738.3M | $774.7M |
| Q4 25 | $36.3M | $-294.0M | ||
| Q3 25 | $51.7M | $-298.0M | ||
| Q2 25 | $8.0M | $-430.1M | ||
| Q1 25 | $13.9M | $-327.5M | ||
| Q4 24 | $33.2M | $-324.3M | ||
| Q3 24 | $29.0M | $-316.9M | ||
| Q2 24 | $-3.6M | $-317.0M | ||
| Q1 24 | $11.4M | $-169.4M |
| Q4 25 | 44.1% | 67.8% | ||
| Q3 25 | 45.5% | 67.5% | ||
| Q2 25 | 43.7% | 66.5% | ||
| Q1 25 | 44.7% | 66.2% | ||
| Q4 24 | 44.5% | 65.9% | ||
| Q3 24 | 45.2% | 66.8% | ||
| Q2 24 | 43.5% | 67.1% | ||
| Q1 24 | 43.5% | 68.8% |
| Q4 25 | 12.0% | -27.2% | ||
| Q3 25 | 14.3% | -29.7% | ||
| Q2 25 | 6.9% | -42.9% | ||
| Q1 25 | 8.7% | -39.2% | ||
| Q4 24 | 12.5% | -38.8% | ||
| Q3 24 | 11.6% | -40.9% | ||
| Q2 24 | 7.5% | -42.1% | ||
| Q1 24 | 8.7% | -35.6% |
| Q4 25 | 4.1% | -24.2% | ||
| Q3 25 | 5.8% | -26.0% | ||
| Q2 25 | 1.0% | -41.3% | ||
| Q1 25 | 1.7% | -33.2% | ||
| Q4 24 | 4.1% | -34.4% | ||
| Q3 24 | 3.5% | -36.5% | ||
| Q2 24 | -0.5% | -38.3% | ||
| Q1 24 | 1.5% | -21.9% |
| Q4 25 | $1.83 | $-0.87 | ||
| Q3 25 | $2.62 | $-0.89 | ||
| Q2 25 | $0.40 | $-1.29 | ||
| Q1 25 | $0.71 | $-0.98 | ||
| Q4 24 | $1.66 | $-0.98 | ||
| Q3 24 | $1.45 | $-0.95 | ||
| Q2 24 | $-0.20 | $-0.95 | ||
| Q1 24 | $0.91 | $-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 | $43.1M | $1.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3M | $2.1B |
| Total Assets | $4.8B | $8.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $43.1M | $1.9B | ||
| Q3 25 | $34.6M | $1.9B | ||
| Q2 25 | $46.1M | $2.2B | ||
| Q1 25 | $30.4M | $2.6B | ||
| Q4 24 | $87.0M | $2.1B | ||
| Q3 24 | $78.3M | $1.3B | ||
| Q2 24 | $101.8M | $1.3B | ||
| Q1 24 | $123.7M | $1.8B |
| Q4 25 | $3.3M | $2.1B | ||
| Q3 25 | $-40.9M | $2.4B | ||
| Q2 25 | $-110.8M | $2.4B | ||
| Q1 25 | $-163.6M | $3.0B | ||
| Q4 24 | $-183.0M | $2.9B | ||
| Q3 24 | $-234.7M | $4.1B | ||
| Q2 24 | $-289.9M | $4.6B | ||
| Q1 24 | $-297.4M | $5.2B |
| Q4 25 | $4.8B | $8.2B | ||
| Q3 25 | $4.7B | $8.2B | ||
| Q2 25 | $4.7B | $8.2B | ||
| Q1 25 | $4.6B | $9.0B | ||
| Q4 24 | $4.5B | $8.2B | ||
| Q3 24 | $4.4B | $6.9B | ||
| Q2 24 | $4.2B | $7.3B | ||
| Q1 24 | $4.1B | $8.2B |
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 | $131.9M | $137.5M |
| Free Cash FlowOCF − Capex | $83.0M | $113.6M |
| FCF MarginFCF / Revenue | 9.4% | 9.4% |
| Capex IntensityCapex / Revenue | 5.5% | 2.0% |
| Cash ConversionOCF / Net Profit | 3.64× | — |
| TTM Free Cash FlowTrailing 4 quarters | $128.1M | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $131.9M | $137.5M | ||
| Q3 25 | $137.7M | $74.9M | ||
| Q2 25 | $86.6M | $228.4M | ||
| Q1 25 | $-18.8M | $432.7M | ||
| Q4 24 | $-31.4M | $101.7M | ||
| Q3 24 | $11.2M | $69.9M | ||
| Q2 24 | $56.1M | $355.5M | ||
| Q1 24 | $-114.0M | $344.6M |
| Q4 25 | $83.0M | $113.6M | ||
| Q3 25 | $80.7M | $58.2M | ||
| Q2 25 | $34.1M | $183.4M | ||
| Q1 25 | $-69.7M | $421.4M | ||
| Q4 24 | $-96.0M | $88.3M | ||
| Q3 24 | $-37.9M | $64.8M | ||
| Q2 24 | $-10.1M | $338.9M | ||
| Q1 24 | $-251.5M | $331.5M |
| Q4 25 | 9.4% | 9.4% | ||
| Q3 25 | 9.0% | 5.1% | ||
| Q2 25 | 4.2% | 17.6% | ||
| Q1 25 | -8.6% | 42.7% | ||
| Q4 24 | -11.8% | 9.4% | ||
| Q3 24 | -4.6% | 7.5% | ||
| Q2 24 | -1.4% | 40.9% | ||
| Q1 24 | -34.1% | 42.8% |
| Q4 25 | 5.5% | 2.0% | ||
| Q3 25 | 6.3% | 1.5% | ||
| Q2 25 | 6.5% | 4.3% | ||
| Q1 25 | 6.3% | 1.1% | ||
| Q4 24 | 8.0% | 1.4% | ||
| Q3 24 | 5.9% | 0.6% | ||
| Q2 24 | 9.1% | 2.0% | ||
| Q1 24 | 18.6% | 1.7% |
| Q4 25 | 3.64× | — | ||
| Q3 25 | 2.66× | — | ||
| Q2 25 | 10.78× | — | ||
| Q1 25 | -1.35× | — | ||
| Q4 24 | -0.95× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -10.01× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
