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Side-by-side financial comparison of Snowflake Inc. (SNOW) and Unity Software Inc. (U). Click either name above to swap in a different company.

Snowflake Inc. is the larger business by last-quarter revenue ($1.2B vs $503.1M, roughly 2.4× Unity Software Inc.). Unity Software Inc. runs the higher net margin — -17.9% vs -24.2%, a 6.4% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 10.1%). Unity Software Inc. produced more free cash flow last quarter ($118.7M vs $113.6M). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs 4.5%).

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.

Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.

SNOW vs U — Head-to-Head

Bigger by revenue
SNOW
SNOW
2.4× larger
SNOW
$1.2B
$503.1M
U
Growing faster (revenue YoY)
SNOW
SNOW
+18.7% gap
SNOW
28.7%
10.1%
U
Higher net margin
U
U
6.4% more per $
U
-17.9%
-24.2%
SNOW
More free cash flow
U
U
$5.1M more FCF
U
$118.7M
$113.6M
SNOW
Faster 2-yr revenue CAGR
SNOW
SNOW
Annualised
SNOW
25.1%
4.5%
U

Income Statement — Q3 2026 vs Q4 2025

Metric
SNOW
SNOW
U
U
Revenue
$1.2B
$503.1M
Net Profit
$-294.0M
$-90.0M
Gross Margin
67.8%
74.3%
Operating Margin
-27.2%
-21.2%
Net Margin
-24.2%
-17.9%
Revenue YoY
28.7%
10.1%
Net Profit YoY
9.4%
26.7%
EPS (diluted)
$-0.87
$-0.21

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
SNOW
SNOW
U
U
Q4 25
$1.2B
$503.1M
Q3 25
$1.1B
$470.6M
Q2 25
$1.0B
$440.9M
Q1 25
$986.8M
$435.0M
Q4 24
$942.1M
$457.1M
Q3 24
$868.8M
$446.5M
Q2 24
$828.7M
$449.3M
Q1 24
$774.7M
$460.4M
Net Profit
SNOW
SNOW
U
U
Q4 25
$-294.0M
$-90.0M
Q3 25
$-298.0M
$-126.4M
Q2 25
$-430.1M
$-108.8M
Q1 25
$-327.5M
$-77.6M
Q4 24
$-324.3M
$-122.7M
Q3 24
$-316.9M
$-124.7M
Q2 24
$-317.0M
$-125.6M
Q1 24
$-169.4M
$-291.1M
Gross Margin
SNOW
SNOW
U
U
Q4 25
67.8%
74.3%
Q3 25
67.5%
74.4%
Q2 25
66.5%
74.1%
Q1 25
66.2%
73.8%
Q4 24
65.9%
74.7%
Q3 24
66.8%
74.9%
Q2 24
67.1%
75.8%
Q1 24
68.8%
68.6%
Operating Margin
SNOW
SNOW
U
U
Q4 25
-27.2%
-21.2%
Q3 25
-29.7%
-26.7%
Q2 25
-42.9%
-26.9%
Q1 25
-39.2%
-29.4%
Q4 24
-38.8%
-27.1%
Q3 24
-40.9%
-28.5%
Q2 24
-42.1%
-28.8%
Q1 24
-35.6%
-81.4%
Net Margin
SNOW
SNOW
U
U
Q4 25
-24.2%
-17.9%
Q3 25
-26.0%
-26.9%
Q2 25
-41.3%
-24.7%
Q1 25
-33.2%
-17.8%
Q4 24
-34.4%
-26.8%
Q3 24
-36.5%
-27.9%
Q2 24
-38.3%
-28.0%
Q1 24
-21.9%
-63.2%
EPS (diluted)
SNOW
SNOW
U
U
Q4 25
$-0.87
$-0.21
Q3 25
$-0.89
$-0.30
Q2 25
$-1.29
$-0.26
Q1 25
$-0.98
$-0.19
Q4 24
$-0.98
$-0.30
Q3 24
$-0.95
$-0.31
Q2 24
$-0.95
$-0.32
Q1 24
$-0.51
$-0.75

Balance Sheet & Financial Strength

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

Metric
SNOW
SNOW
U
U
Cash + ST InvestmentsLiquidity on hand
$1.9B
$2.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.1B
$3.2B
Total Assets
$8.2B
$6.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNOW
SNOW
U
U
Q4 25
$1.9B
$2.1B
Q3 25
$1.9B
$1.9B
Q2 25
$2.2B
$1.7B
Q1 25
$2.6B
$1.5B
Q4 24
$2.1B
$1.5B
Q3 24
$1.3B
$1.4B
Q2 24
$1.3B
$1.3B
Q1 24
$1.8B
$1.2B
Stockholders' Equity
SNOW
SNOW
U
U
Q4 25
$2.1B
$3.2B
Q3 25
$2.4B
$3.2B
Q2 25
$2.4B
$3.2B
Q1 25
$3.0B
$3.2B
Q4 24
$2.9B
$3.2B
Q3 24
$4.1B
$3.2B
Q2 24
$4.6B
$3.2B
Q1 24
$5.2B
$3.2B
Total Assets
SNOW
SNOW
U
U
Q4 25
$8.2B
$6.8B
Q3 25
$8.2B
$6.8B
Q2 25
$8.2B
$6.7B
Q1 25
$9.0B
$6.6B
Q4 24
$8.2B
$6.7B
Q3 24
$6.9B
$6.7B
Q2 24
$7.3B
$6.7B
Q1 24
$8.2B
$6.8B

Cash Flow & Capital Efficiency

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

Metric
SNOW
SNOW
U
U
Operating Cash FlowLast quarter
$137.5M
$121.4M
Free Cash FlowOCF − Capex
$113.6M
$118.7M
FCF MarginFCF / Revenue
9.4%
23.6%
Capex IntensityCapex / Revenue
2.0%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$776.7M
$403.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNOW
SNOW
U
U
Q4 25
$137.5M
$121.4M
Q3 25
$74.9M
$155.4M
Q2 25
$228.4M
$133.1M
Q1 25
$432.7M
$13.0M
Q4 24
$101.7M
$112.2M
Q3 24
$69.9M
$122.4M
Q2 24
$355.5M
$88.4M
Q1 24
$344.6M
$-7.4M
Free Cash Flow
SNOW
SNOW
U
U
Q4 25
$113.6M
$118.7M
Q3 25
$58.2M
$151.3M
Q2 25
$183.4M
$126.7M
Q1 25
$421.4M
$7.3M
Q4 24
$88.3M
$105.8M
Q3 24
$64.8M
$115.2M
Q2 24
$338.9M
$79.6M
Q1 24
$331.5M
$-14.6M
FCF Margin
SNOW
SNOW
U
U
Q4 25
9.4%
23.6%
Q3 25
5.1%
32.1%
Q2 25
17.6%
28.7%
Q1 25
42.7%
1.7%
Q4 24
9.4%
23.1%
Q3 24
7.5%
25.8%
Q2 24
40.9%
17.7%
Q1 24
42.8%
-3.2%
Capex Intensity
SNOW
SNOW
U
U
Q4 25
2.0%
0.5%
Q3 25
1.5%
0.9%
Q2 25
4.3%
1.5%
Q1 25
1.1%
1.3%
Q4 24
1.4%
1.4%
Q3 24
0.6%
1.6%
Q2 24
2.0%
2.0%
Q1 24
1.7%
1.6%

Financial Flow Comparison

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

Revenue Breakdown by Segment

SNOW
SNOW

Products$1.2B96%
Professional Services And Other$54.5M4%
Related Party$6.7M1%

U
U

Grow Solutions$338.2M67%
Create Solutions$164.9M33%

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