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Side-by-side financial comparison of Rithm Capital Corp. (RITM) 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 $828.2M, roughly 1.5× Rithm Capital Corp.). Rithm Capital Corp. runs the higher net margin — 13.2% vs -24.2%, a 37.5% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs -40.0%). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs -17.9%).
Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.
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.
RITM vs SNOW — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $828.2M | $1.2B |
| Net Profit | $109.5M | $-294.0M |
| Gross Margin | — | 67.8% |
| Operating Margin | — | -27.2% |
| Net Margin | 13.2% | -24.2% |
| Revenue YoY | -40.0% | 28.7% |
| Net Profit YoY | 20.9% | 9.4% |
| EPS (diluted) | $0.12 | $-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.
| Q1 26 | $828.2M | — | ||
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $768.4M | $986.8M | ||
| Q4 24 | $2.1B | $942.1M | ||
| Q3 24 | $619.5M | $868.8M | ||
| Q2 24 | $1.2B | $828.7M |
| Q1 26 | $109.5M | — | ||
| Q4 25 | $85.0M | $-294.0M | ||
| Q3 25 | $221.5M | $-298.0M | ||
| Q2 25 | $311.7M | $-430.1M | ||
| Q1 25 | $78.8M | $-327.5M | ||
| Q4 24 | $290.2M | $-324.3M | ||
| Q3 24 | $121.7M | $-316.9M | ||
| Q2 24 | $235.6M | $-317.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 13.8% | -27.2% | ||
| Q3 25 | 21.4% | -29.7% | ||
| Q2 25 | 25.2% | -42.9% | ||
| Q1 25 | 7.4% | -39.2% | ||
| Q4 24 | 23.8% | -38.8% | ||
| Q3 24 | 7.3% | -40.9% | ||
| Q2 24 | 23.6% | -42.1% |
| Q1 26 | 13.2% | — | ||
| Q4 25 | 5.7% | -24.2% | ||
| Q3 25 | 20.0% | -26.0% | ||
| Q2 25 | 25.6% | -41.3% | ||
| Q1 25 | 10.3% | -33.2% | ||
| Q4 24 | 14.0% | -34.4% | ||
| Q3 24 | 19.7% | -36.5% | ||
| Q2 24 | 19.2% | -38.3% |
| Q1 26 | $0.12 | — | ||
| Q4 25 | $0.09 | $-0.87 | ||
| Q3 25 | $0.35 | $-0.89 | ||
| Q2 25 | $0.53 | $-1.29 | ||
| Q1 25 | $0.07 | $-0.98 | ||
| Q4 24 | $0.50 | $-0.98 | ||
| Q3 24 | $0.20 | $-0.95 | ||
| Q2 24 | $0.43 | $-0.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.1B | $2.1B |
| Total Assets | $53.4B | $8.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.6B | $1.9B | ||
| Q2 25 | $1.6B | $2.2B | ||
| Q1 25 | $1.5B | $2.6B | ||
| Q4 24 | $1.5B | $2.1B | ||
| Q3 24 | $1.6B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $35.4B | — | ||
| Q3 25 | $32.2B | — | ||
| Q2 25 | $31.2B | — | ||
| Q1 25 | $32.2B | — | ||
| Q4 24 | $32.6B | — | ||
| Q3 24 | $29.6B | — | ||
| Q2 24 | $30.1B | — |
| Q1 26 | $9.1B | — | ||
| Q4 25 | $8.4B | $2.1B | ||
| Q3 25 | $8.5B | $2.4B | ||
| Q2 25 | $7.9B | $2.4B | ||
| Q1 25 | $7.8B | $3.0B | ||
| Q4 24 | $7.8B | $2.9B | ||
| Q3 24 | $7.7B | $4.1B | ||
| Q2 24 | $7.3B | $4.6B |
| Q1 26 | $53.4B | — | ||
| Q4 25 | $53.1B | $8.2B | ||
| Q3 25 | $47.2B | $8.2B | ||
| Q2 25 | $44.3B | $8.2B | ||
| Q1 25 | $45.3B | $9.0B | ||
| Q4 24 | $46.0B | $8.2B | ||
| Q3 24 | $42.3B | $6.9B | ||
| Q2 24 | $42.0B | $7.3B |
| Q1 26 | — | — | ||
| Q4 25 | 4.20× | — | ||
| Q3 25 | 3.79× | — | ||
| Q2 25 | 3.92× | — | ||
| Q1 25 | 4.14× | — | ||
| Q4 24 | 4.18× | — | ||
| Q3 24 | 3.87× | — | ||
| Q2 24 | 4.10× | — |
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 | — | $137.5M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-114.6M | $137.5M | ||
| Q3 25 | $-2.0B | $74.9M | ||
| Q2 25 | $-557.1M | $228.4M | ||
| Q1 25 | $1.4B | $432.7M | ||
| Q4 24 | $-1.8B | $101.7M | ||
| Q3 24 | $768.1M | $69.9M | ||
| Q2 24 | $-55.7M | $355.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $113.6M | ||
| Q3 25 | — | $58.2M | ||
| Q2 25 | — | $183.4M | ||
| Q1 25 | — | $421.4M | ||
| Q4 24 | — | $88.3M | ||
| Q3 24 | — | $64.8M | ||
| Q2 24 | — | $338.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 42.7% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 40.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | -1.35× | — | ||
| Q3 25 | -9.22× | — | ||
| Q2 25 | -1.79× | — | ||
| Q1 25 | 18.03× | — | ||
| Q4 24 | -6.04× | — | ||
| Q3 24 | 6.31× | — | ||
| Q2 24 | -0.24× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
