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Side-by-side financial comparison of Snowflake Inc. (SNOW) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.

Snowflake Inc. is the larger business by last-quarter revenue ($1.2B vs $625.1M, roughly 1.9× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -24.2%, a 37.6% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 15.7%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $113.6M). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs 4.6%).

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.

AERCO International, Inc. is a manufacturer and supplier of commercial condensing boilers, high efficiency water heating equipment and energy recovery systems in the HVAC/plumbing industry across a variety of markets including education, lodging, government, office buildings, healthcare, industrial and multifamily housing. In 1949, AERCO introduced the industry's first semi-instantaneous, tankless steam-to-water water heater. In 1988, AERCO introduced the first condensing and fully modulating...

SNOW vs WTS — Head-to-Head

Bigger by revenue
SNOW
SNOW
1.9× larger
SNOW
$1.2B
$625.1M
WTS
Growing faster (revenue YoY)
SNOW
SNOW
+13.1% gap
SNOW
28.7%
15.7%
WTS
Higher net margin
WTS
WTS
37.6% more per $
WTS
13.4%
-24.2%
SNOW
More free cash flow
WTS
WTS
$26.7M more FCF
WTS
$140.3M
$113.6M
SNOW
Faster 2-yr revenue CAGR
SNOW
SNOW
Annualised
SNOW
25.1%
4.6%
WTS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
SNOW
SNOW
WTS
WTS
Revenue
$1.2B
$625.1M
Net Profit
$-294.0M
$83.7M
Gross Margin
67.8%
49.5%
Operating Margin
-27.2%
18.2%
Net Margin
-24.2%
13.4%
Revenue YoY
28.7%
15.7%
Net Profit YoY
9.4%
24.0%
EPS (diluted)
$-0.87
$2.50

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
WTS
WTS
Q4 25
$1.2B
$625.1M
Q3 25
$1.1B
$611.7M
Q2 25
$1.0B
$643.7M
Q1 25
$986.8M
$558.0M
Q4 24
$942.1M
$540.4M
Q3 24
$868.8M
$543.6M
Q2 24
$828.7M
$597.3M
Q1 24
$774.7M
$570.9M
Net Profit
SNOW
SNOW
WTS
WTS
Q4 25
$-294.0M
$83.7M
Q3 25
$-298.0M
$82.2M
Q2 25
$-430.1M
$100.9M
Q1 25
$-327.5M
$74.0M
Q4 24
$-324.3M
$67.5M
Q3 24
$-316.9M
$69.1M
Q2 24
$-317.0M
$82.0M
Q1 24
$-169.4M
$72.6M
Gross Margin
SNOW
SNOW
WTS
WTS
Q4 25
67.8%
49.5%
Q3 25
67.5%
48.8%
Q2 25
66.5%
50.6%
Q1 25
66.2%
48.8%
Q4 24
65.9%
46.7%
Q3 24
66.8%
47.3%
Q2 24
67.1%
47.7%
Q1 24
68.8%
46.9%
Operating Margin
SNOW
SNOW
WTS
WTS
Q4 25
-27.2%
18.2%
Q3 25
-29.7%
18.2%
Q2 25
-42.9%
21.0%
Q1 25
-39.2%
15.7%
Q4 24
-38.8%
16.5%
Q3 24
-40.9%
17.1%
Q2 24
-42.1%
18.7%
Q1 24
-35.6%
16.9%
Net Margin
SNOW
SNOW
WTS
WTS
Q4 25
-24.2%
13.4%
Q3 25
-26.0%
13.4%
Q2 25
-41.3%
15.7%
Q1 25
-33.2%
13.3%
Q4 24
-34.4%
12.5%
Q3 24
-36.5%
12.7%
Q2 24
-38.3%
13.7%
Q1 24
-21.9%
12.7%
EPS (diluted)
SNOW
SNOW
WTS
WTS
Q4 25
$-0.87
$2.50
Q3 25
$-0.89
$2.45
Q2 25
$-1.29
$3.01
Q1 25
$-0.98
$2.21
Q4 24
$-0.98
$2.02
Q3 24
$-0.95
$2.06
Q2 24
$-0.95
$2.44
Q1 24
$-0.51
$2.17

Balance Sheet & Financial Strength

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

Metric
SNOW
SNOW
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$1.9B
$405.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.1B
$2.0B
Total Assets
$8.2B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNOW
SNOW
WTS
WTS
Q4 25
$1.9B
$405.5M
Q3 25
$1.9B
$457.7M
Q2 25
$2.2B
$369.3M
Q1 25
$2.6B
$336.8M
Q4 24
$2.1B
$386.9M
Q3 24
$1.3B
$303.9M
Q2 24
$1.3B
$279.4M
Q1 24
$1.8B
$237.1M
Stockholders' Equity
SNOW
SNOW
WTS
WTS
Q4 25
$2.1B
$2.0B
Q3 25
$2.4B
$2.0B
Q2 25
$2.4B
$1.9B
Q1 25
$3.0B
$1.8B
Q4 24
$2.9B
$1.7B
Q3 24
$4.1B
$1.7B
Q2 24
$4.6B
$1.6B
Q1 24
$5.2B
$1.6B
Total Assets
SNOW
SNOW
WTS
WTS
Q4 25
$8.2B
$2.9B
Q3 25
$8.2B
$2.7B
Q2 25
$8.2B
$2.6B
Q1 25
$9.0B
$2.5B
Q4 24
$8.2B
$2.4B
Q3 24
$6.9B
$2.4B
Q2 24
$7.3B
$2.4B
Q1 24
$8.2B
$2.3B

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
WTS
WTS
Operating Cash FlowLast quarter
$137.5M
$154.7M
Free Cash FlowOCF − Capex
$113.6M
$140.3M
FCF MarginFCF / Revenue
9.4%
22.4%
Capex IntensityCapex / Revenue
2.0%
2.3%
Cash ConversionOCF / Net Profit
1.85×
TTM Free Cash FlowTrailing 4 quarters
$776.7M
$356.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNOW
SNOW
WTS
WTS
Q4 25
$137.5M
$154.7M
Q3 25
$74.9M
$122.4M
Q2 25
$228.4M
$69.7M
Q1 25
$432.7M
$55.2M
Q4 24
$101.7M
$139.5M
Q3 24
$69.9M
$90.7M
Q2 24
$355.5M
$85.3M
Q1 24
$344.6M
$45.6M
Free Cash Flow
SNOW
SNOW
WTS
WTS
Q4 25
$113.6M
$140.3M
Q3 25
$58.2M
$110.9M
Q2 25
$183.4M
$59.5M
Q1 25
$421.4M
$45.6M
Q4 24
$88.3M
$127.5M
Q3 24
$64.8M
$84.3M
Q2 24
$338.9M
$78.5M
Q1 24
$331.5M
$35.5M
FCF Margin
SNOW
SNOW
WTS
WTS
Q4 25
9.4%
22.4%
Q3 25
5.1%
18.1%
Q2 25
17.6%
9.2%
Q1 25
42.7%
8.2%
Q4 24
9.4%
23.6%
Q3 24
7.5%
15.5%
Q2 24
40.9%
13.1%
Q1 24
42.8%
6.2%
Capex Intensity
SNOW
SNOW
WTS
WTS
Q4 25
2.0%
2.3%
Q3 25
1.5%
1.9%
Q2 25
4.3%
1.6%
Q1 25
1.1%
1.7%
Q4 24
1.4%
2.2%
Q3 24
0.6%
1.2%
Q2 24
2.0%
1.1%
Q1 24
1.7%
1.8%
Cash Conversion
SNOW
SNOW
WTS
WTS
Q4 25
1.85×
Q3 25
1.49×
Q2 25
0.69×
Q1 25
0.75×
Q4 24
2.07×
Q3 24
1.31×
Q2 24
1.04×
Q1 24
0.63×

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%

WTS
WTS

Segment breakdown not available.

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