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Side-by-side financial comparison of Sally Beauty Holdings, Inc. (SBH) and Zoom Communications, Inc. (ZM). Click either name above to swap in a different company.
Zoom Communications, Inc. is the larger business by last-quarter revenue ($1.2B vs $943.2M, roughly 1.3× Sally Beauty Holdings, Inc.). Zoom Communications, Inc. runs the higher net margin — 49.8% vs 4.8%, a 45.0% gap on every dollar of revenue. On growth, Zoom Communications, Inc. posted the faster year-over-year revenue change (4.4% vs 0.6%). Zoom Communications, Inc. produced more free cash flow last quarter ($614.3M vs $57.5M). Over the past eight quarters, Zoom Communications, Inc.'s revenue compounded faster (3.6% CAGR vs 1.9%).
Sally Beauty Holdings, Inc. is an American international specialty retailer and distributor of professional beauty supplies with revenues of more than $3.9 billion annually.
Zoom Communications, Inc. is an American communications technology company headquartered in San Jose, California, United States. It is primarily known for the videoconferencing application Zoom.
SBH vs ZM — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $943.2M | $1.2B |
| Net Profit | $45.6M | $612.9M |
| Gross Margin | 51.2% | 77.9% |
| Operating Margin | 8.1% | 25.2% |
| Net Margin | 4.8% | 49.8% |
| Revenue YoY | 0.6% | 4.4% |
| Net Profit YoY | -25.3% | 196.0% |
| EPS (diluted) | $0.45 | $2.01 |
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 | $943.2M | $1.2B | ||
| Q3 25 | $947.1M | $1.2B | ||
| Q2 25 | $933.3M | $1.2B | ||
| Q1 25 | $883.1M | $1.2B | ||
| Q4 24 | $937.9M | $1.2B | ||
| Q3 24 | $935.0M | $1.2B | ||
| Q2 24 | $942.3M | $1.1B | ||
| Q1 24 | $908.4M | $1.1B |
| Q4 25 | $45.6M | $612.9M | ||
| Q3 25 | $49.9M | $358.6M | ||
| Q2 25 | $45.7M | $254.6M | ||
| Q1 25 | $39.2M | $367.9M | ||
| Q4 24 | $61.0M | $207.1M | ||
| Q3 24 | $48.1M | $219.0M | ||
| Q2 24 | $37.7M | $216.3M | ||
| Q1 24 | $29.2M | $298.8M |
| Q4 25 | 51.2% | 77.9% | ||
| Q3 25 | 52.2% | 77.6% | ||
| Q2 25 | 51.5% | 76.3% | ||
| Q1 25 | 52.0% | 75.7% | ||
| Q4 24 | 50.8% | 75.9% | ||
| Q3 24 | 51.2% | 75.5% | ||
| Q2 24 | 51.0% | 76.1% | ||
| Q1 24 | 51.0% | 75.9% |
| Q4 25 | 8.1% | 25.2% | ||
| Q3 25 | 8.4% | 26.4% | ||
| Q2 25 | 8.4% | 20.6% | ||
| Q1 25 | 7.9% | 19.0% | ||
| Q4 24 | 10.7% | 15.5% | ||
| Q3 24 | 8.8% | 17.4% | ||
| Q2 24 | 7.6% | 17.8% | ||
| Q1 24 | 6.6% | 14.7% |
| Q4 25 | 4.8% | 49.8% | ||
| Q3 25 | 5.3% | 29.5% | ||
| Q2 25 | 4.9% | 21.7% | ||
| Q1 25 | 4.4% | 31.1% | ||
| Q4 24 | 6.5% | 17.6% | ||
| Q3 24 | 5.1% | 18.8% | ||
| Q2 24 | 4.0% | 19.0% | ||
| Q1 24 | 3.2% | 26.1% |
| Q4 25 | $0.45 | $2.01 | ||
| Q3 25 | $0.49 | $1.16 | ||
| Q2 25 | $0.44 | $0.81 | ||
| Q1 25 | $0.38 | $1.16 | ||
| Q4 24 | $0.58 | $0.66 | ||
| Q3 24 | $0.45 | $0.70 | ||
| Q2 24 | $0.36 | $0.69 | ||
| Q1 24 | $0.27 | $0.98 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $157.2M | $1.2B |
| Total DebtLower is stronger | $842.5M | — |
| Stockholders' EquityBook value | $823.6M | $9.3B |
| Total Assets | $2.9B | $11.4B |
| Debt / EquityLower = less leverage | 1.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $157.2M | $1.2B | ||
| Q3 25 | $149.2M | $1.2B | ||
| Q2 25 | $112.8M | $1.2B | ||
| Q1 25 | $92.2M | $1.3B | ||
| Q4 24 | $105.5M | $1.3B | ||
| Q3 24 | $108.0M | $1.5B | ||
| Q2 24 | $97.4M | $1.9B | ||
| Q1 24 | $97.2M | $1.6B |
| Q4 25 | $842.5M | — | ||
| Q3 25 | $862.0M | — | ||
| Q2 25 | $882.4M | — | ||
| Q1 25 | $902.8M | — | ||
| Q4 24 | $938.1M | — | ||
| Q3 24 | $978.3M | — | ||
| Q2 24 | $978.9M | — | ||
| Q1 24 | $978.4M | — |
| Q4 25 | $823.6M | $9.3B | ||
| Q3 25 | $794.2M | $9.0B | ||
| Q2 25 | $762.9M | $8.9B | ||
| Q1 25 | $699.8M | $8.9B | ||
| Q4 24 | $656.5M | $8.7B | ||
| Q3 24 | $628.5M | $8.5B | ||
| Q2 24 | $577.7M | $8.3B | ||
| Q1 24 | $550.9M | $8.0B |
| Q4 25 | $2.9B | $11.4B | ||
| Q3 25 | $2.9B | $11.0B | ||
| Q2 25 | $2.7B | $11.0B | ||
| Q1 25 | $2.7B | $11.0B | ||
| Q4 24 | $2.7B | $10.7B | ||
| Q3 24 | $2.8B | $10.5B | ||
| Q2 24 | $2.7B | $10.3B | ||
| Q1 24 | $2.7B | $9.9B |
| Q4 25 | 1.02× | — | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 1.29× | — | ||
| Q4 24 | 1.43× | — | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 1.78× | — |
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 | $93.2M | $629.3M |
| Free Cash FlowOCF − Capex | $57.5M | $614.3M |
| FCF MarginFCF / Revenue | 6.1% | 50.0% |
| Capex IntensityCapex / Revenue | 3.8% | 1.2% |
| Cash ConversionOCF / Net Profit | 2.05× | 1.03× |
| TTM Free Cash FlowTrailing 4 quarters | $216.8M | $2.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $93.2M | $629.3M | ||
| Q3 25 | $120.9M | $515.9M | ||
| Q2 25 | $69.4M | $489.3M | ||
| Q1 25 | $51.1M | $424.6M | ||
| Q4 24 | $33.5M | $483.2M | ||
| Q3 24 | $110.7M | $449.3M | ||
| Q2 24 | $47.9M | $588.2M | ||
| Q1 24 | $36.9M | $351.2M |
| Q4 25 | $57.5M | $614.3M | ||
| Q3 25 | $78.0M | $508.0M | ||
| Q2 25 | $49.1M | $463.4M | ||
| Q1 25 | $32.2M | $416.2M | ||
| Q4 24 | $13.4M | $457.7M | ||
| Q3 24 | $73.3M | $365.1M | ||
| Q2 24 | $28.7M | $569.7M | ||
| Q1 24 | $22.8M | $332.7M |
| Q4 25 | 6.1% | 50.0% | ||
| Q3 25 | 8.2% | 41.7% | ||
| Q2 25 | 5.3% | 39.4% | ||
| Q1 25 | 3.6% | 35.2% | ||
| Q4 24 | 1.4% | 38.9% | ||
| Q3 24 | 7.8% | 31.4% | ||
| Q2 24 | 3.1% | 49.9% | ||
| Q1 24 | 2.5% | 29.0% |
| Q4 25 | 3.8% | 1.2% | ||
| Q3 25 | 4.5% | 0.7% | ||
| Q2 25 | 2.2% | 2.2% | ||
| Q1 25 | 2.1% | 0.7% | ||
| Q4 24 | 2.1% | 2.2% | ||
| Q3 24 | 4.0% | 7.2% | ||
| Q2 24 | 2.0% | 1.6% | ||
| Q1 24 | 1.6% | 1.6% |
| Q4 25 | 2.05× | 1.03× | ||
| Q3 25 | 2.42× | 1.44× | ||
| Q2 25 | 1.52× | 1.92× | ||
| Q1 25 | 1.30× | 1.15× | ||
| Q4 24 | 0.55× | 2.33× | ||
| Q3 24 | 2.30× | 2.05× | ||
| Q2 24 | 1.27× | 2.72× | ||
| Q1 24 | 1.26× | 1.18× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
ZM
Segment breakdown not available.
