vs

Side-by-side financial comparison of SharkNinja, Inc. (SN) and S&P Global (SPGI). Click either name above to swap in a different company.

SharkNinja, Inc. is the larger business by last-quarter revenue ($5.5B vs $4.2B, roughly 1.3× S&P Global). On growth, SharkNinja, Inc. posted the faster year-over-year revenue change (30.0% vs 10.0%). S&P Global produced more free cash flow last quarter ($919.0M vs $308.9M).

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

SN vs SPGI — Head-to-Head

Bigger by revenue
SN
SN
1.3× larger
SN
$5.5B
$4.2B
SPGI
Growing faster (revenue YoY)
SN
SN
+20.0% gap
SN
30.0%
10.0%
SPGI
More free cash flow
SPGI
SPGI
$610.1M more FCF
SPGI
$919.0M
$308.9M
SN

Income Statement — Q4 FY2024 vs Q1 FY2026

Metric
SN
SN
SPGI
SPGI
Revenue
$5.5B
$4.2B
Net Profit
$1.5B
Gross Margin
48.1%
Operating Margin
11.7%
48.0%
Net Margin
36.1%
Revenue YoY
30.0%
10.0%
Net Profit YoY
28.0%
EPS (diluted)
$3.11
$4.69

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
SN
SN
SPGI
SPGI
Q1 26
$4.2B
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.8B
Q1 25
$3.8B
Q4 24
$5.5B
$3.6B
Q3 24
$3.6B
Q2 24
$3.5B
Net Profit
SN
SN
SPGI
SPGI
Q1 26
$1.5B
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$879.0M
Q3 24
$971.0M
Q2 24
$1.0B
Gross Margin
SN
SN
SPGI
SPGI
Q1 26
Q4 25
70.1%
Q3 25
71.2%
Q2 25
70.2%
Q1 25
69.5%
Q4 24
48.1%
69.8%
Q3 24
70.0%
Q2 24
69.4%
Operating Margin
SN
SN
SPGI
SPGI
Q1 26
48.0%
Q4 25
42.7%
Q3 25
43.1%
Q2 25
41.3%
Q1 25
41.8%
Q4 24
11.7%
36.4%
Q3 24
40.1%
Q2 24
40.9%
Net Margin
SN
SN
SPGI
SPGI
Q1 26
36.1%
Q4 25
28.9%
Q3 25
30.2%
Q2 25
28.5%
Q1 25
28.9%
Q4 24
24.5%
Q3 24
27.2%
Q2 24
28.5%
EPS (diluted)
SN
SN
SPGI
SPGI
Q1 26
$4.69
Q4 25
$3.76
Q3 25
$3.86
Q2 25
$3.50
Q1 25
$3.54
Q4 24
$3.11
$2.85
Q3 24
$3.11
Q2 24
$3.23

Balance Sheet & Financial Strength

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

Metric
SN
SN
SPGI
SPGI
Cash + ST InvestmentsLiquidity on hand
$363.7M
Total DebtLower is stronger
$13.3B
Stockholders' EquityBook value
$1.9B
$31.3B
Total Assets
$4.4B
$60.8B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SN
SN
SPGI
SPGI
Q1 26
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
$1.5B
Q4 24
$363.7M
$1.7B
Q3 24
$1.7B
Q2 24
$2.0B
Total Debt
SN
SN
SPGI
SPGI
Q1 26
$13.3B
Q4 25
$13.1B
Q3 25
$11.4B
Q2 25
$11.4B
Q1 25
$11.4B
Q4 24
$11.4B
Q3 24
$11.4B
Q2 24
$11.4B
Stockholders' Equity
SN
SN
SPGI
SPGI
Q1 26
$31.3B
Q4 25
$31.1B
Q3 25
$33.1B
Q2 25
$33.4B
Q1 25
$33.4B
Q4 24
$1.9B
$33.2B
Q3 24
$34.0B
Q2 24
$34.9B
Total Assets
SN
SN
SPGI
SPGI
Q1 26
$60.8B
Q4 25
$61.2B
Q3 25
$59.7B
Q2 25
$60.4B
Q1 25
$59.9B
Q4 24
$4.4B
$60.2B
Q3 24
$60.4B
Q2 24
$61.0B
Debt / Equity
SN
SN
SPGI
SPGI
Q1 26
0.43×
Q4 25
0.42×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
0.34×
Q3 24
0.34×
Q2 24
0.33×

Cash Flow & Capital Efficiency

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

Metric
SN
SN
SPGI
SPGI
Operating Cash FlowLast quarter
$446.6M
Free Cash FlowOCF − Capex
$308.9M
$919.0M
FCF MarginFCF / Revenue
5.6%
22.0%
Capex IntensityCapex / Revenue
2.5%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SN
SN
SPGI
SPGI
Q1 26
Q4 25
$1.7B
Q3 25
$1.5B
Q2 25
$1.4B
Q1 25
$953.0M
Q4 24
$446.6M
$1.7B
Q3 24
$1.4B
Q2 24
$1.6B
Free Cash Flow
SN
SN
SPGI
SPGI
Q1 26
$919.0M
Q4 25
$1.7B
Q3 25
$1.5B
Q2 25
$1.4B
Q1 25
$910.0M
Q4 24
$308.9M
$1.7B
Q3 24
$1.4B
Q2 24
$1.5B
FCF Margin
SN
SN
SPGI
SPGI
Q1 26
22.0%
Q4 25
43.5%
Q3 25
37.6%
Q2 25
36.9%
Q1 25
24.1%
Q4 24
5.6%
47.5%
Q3 24
39.4%
Q2 24
42.9%
Capex Intensity
SN
SN
SPGI
SPGI
Q1 26
0.6%
Q4 25
1.2%
Q3 25
1.2%
Q2 25
1.6%
Q1 25
1.1%
Q4 24
2.5%
0.9%
Q3 24
1.0%
Q2 24
0.9%
Cash Conversion
SN
SN
SPGI
SPGI
Q1 26
Q4 25
1.54×
Q3 25
1.28×
Q2 25
1.35×
Q1 25
0.87×
Q4 24
1.98×
Q3 24
1.49×
Q2 24
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SN
SN

Segment breakdown not available.

SPGI
SPGI

Ratings$1.3B31%
Market Intelligence$1.3B31%
Energy$652.0M16%
Indices$519.0M12%
Mobility$454.0M11%

Related Comparisons