SNAP vs ZM
Snap Inc. and Zoom Communications, Inc., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | SNAP | ZM |
|---|---|---|
| Revenue | $5.9B | $4.9B |
| Net income | $-460.5M | $1.9B |
| Gross margin | 55.0% | 77.0% |
| Net margin | −7.8% | 39.0% |
| Return on equity | −19.5% | 20.3% |
| Diluted EPS | −$0.27 | $6.18 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $437.2M | $1.9B |
| Equity | $2.3B | $9.8B |
| Net debt / equity | 1.10× | · |
| Current ratio | 3.56× | 4.33× |
| Revenue CAGR 5y | 18.8% | 12.9% |
| Profit CAGR 5y | · | 23.1% |
SNAP bills 1.2× the revenue of ZM, and SNAP closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | SNAP | ZM |
|---|---|---|
| FY2025 | $5.9B | $4.9B |
| FY2024 | $5.4B | $4.7B |
| FY2023 | $4.6B | $4.5B |
| FY2022 | $4.6B | $4.4B |
| FY2021 | $4.1B | $4.1B |
| FY2020 | $2.5B | $2.7B |
| FY2019 | $1.7B | $622.7M |
| FY2018 | $1.2B | $330.5M |
| FY2017 | $824.9M | $151.5M |
Bottom line
| Fiscal year | SNAP | ZM |
|---|---|---|
| FY2025 | $-460.5M | $1.9B |
| FY2024 | $-697.9M | $1.0B |
| FY2023 | $-1.3B | $637.5M |
| FY2022 | $-1.4B | $103.7M |
| FY2021 | $-488.0M | $1.4B |
| FY2020 | $-944.8M | $672.3M |
| FY2019 | $-1.0B | $25.3M |
| FY2018 | $-1.3B | $7.6M |
| FY2017 | $-3.4B | $-3.8M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,062,678,000 | SNAP |
| FY2024 | +$695,965,000 | SNAP |
| FY2023 | +$78,891,000 | SNAP |
| FY2022 | +$208,887,000 | SNAP |
| FY2021 | +$17,184,000 | SNAP |
| FY2020 | −$144,742,000 | ZM |
| FY2019 | +$1,092,876,000 | SNAP |
| FY2018 | +$849,929,000 | SNAP |
| FY2017 | +$673,471,000 | SNAP |
The higher-revenue side has changed between SNAP and ZM over this period. The gap has widened since the earliest year compared.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −46.8 pp | ZM |
| FY2024 | −34.7 pp | ZM |
| FY2023 | −42.8 pp | ZM |
| FY2022 | −33.4 pp | ZM |
| FY2021 | −45.4 pp | ZM |
| FY2020 | −63.1 pp | ZM |
| FY2019 | −64.3 pp | ZM |
| FY2018 | −108.7 pp | ZM |
| FY2017 | −415.1 pp | ZM |
ZM has kept the higher net margin in every one of these 9 fiscal years.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SNAP's net margin has been more volatile than ZM's over the 9 comparable fiscal years — 123.0 percentage points of standard deviation against 14.2.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
ZM led in net margin in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SNAP's return on equity has been more volatile than ZM's over the 6 comparable fiscal years — 13.5 percentage points of standard deviation against 10.0.
6 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
ZM led in return on equity in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 11 comparable fiscal years — a year missing data on either side is not counted.