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Snail (SNAL) Financials

Snail logo
$5.14 +0.46 (+9.83%)
Closing price 07/24/2026 04:00 PM Eastern
Extended Trading
$5.04 -0.09 (-1.85%)
As of 07/24/2026 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Snail

Annual Income Statements for Snail

This table shows Snail's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 8.47 0.95 -9.09 1.83 -27
Consolidated Net Income / (Loss)		 7.91 0.99 -9.09 1.83 -27
Net Income / (Loss) Continuing Operations		 7.91 0.99 -9.09 1.83 -27
Total Pre-Tax Income 		9.69 -1.45 -11 2.46 -17
Total Operating Income		 8.30 -1.61 -10 3.89 -17
Total Gross Profit		 43 21 13 30 22
Total Revenue		 107 74 61 84 81
Operating Revenue		 107 74 61 84 81
Total Cost of Revenue		 64 53 48 54 59
Operating Cost of Revenue		 64 53 48 54 59
Total Operating Expenses		 35 23 23 26 40
Selling, General & Admin Expense		 16 19 16 13 18
Marketing Expense		 0.28 0.71 1.58 1.52 5.24
Research & Development Expense		 0.83 2.96 5.06 12 15
Depreciation Expense		 0.80 0.57 0.43 0.30 0.25
Impairment Charge		 16 - - 0.00 1.54
Total Other Income / (Expense), net		 1.39 0.16 -1.20 -1.43 0.71
Interest Expense		 0.42 0.93 1.53 0.72 0.66
Interest & Investment Income		 1.68 0.78 0.13 0.26 1.35
Other Income / (Expense), net		 0.14 0.30 0.20 -0.97 0.02
Income Tax Expense		 1.78 -2.45 -2.40 0.63 11
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.56 0.05 -0.01 -0.00 -0.00
Basic Earnings per Share		 $0.24 $0.06 ($0.25) $0.15 ($2.19)
Weighted Average Basic Shares Outstanding		 35M 37.88M 36.66M 36.79M 37.44M
Diluted Earnings per Share		 $0.24 $0.06 ($0.75) $0.10 ($1.47)
Weighted Average Diluted Shares Outstanding		 35M 37.88M 36.66M 36.79M 37.44M
Weighted Average Basic & Diluted Shares Outstanding		 - 28.75M 36.76M 37.21M 37.78M

Quarterly Income Statements for Snail

This table shows Snail's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -4.43 6.48 -1.78 2.26 0.24 1.12 -1.95 -17 -7.86 -0.86 2.13
Consolidated Net Income / (Loss)		 -4.43 2.40 -1.78 2.25 0.23 1.12 -1.95 -17 -7.87 -0.86 2.13
Net Income / (Loss) Continuing Operations		 -4.43 2.40 -1.78 2.25 0.23 1.12 -1.95 -17 -7.87 -0.86 2.13
Total Pre-Tax Income 		-5.59 3.04 -2.26 2.84 0.39 1.48 -3.42 -2.69 -9.43 -1.01 2.24
Total Operating Income		 -5.58 3.68 -2.21 2.67 0.41 3.02 -4.10 -1.82 -9.85 -1.49 2.04
Total Gross Profit		 -0.48 9.92 2.07 8.10 8.71 11 5.85 6.95 0.01 9.61 12
Total Revenue		 8.98 29 14 22 23 26 20 22 14 25 27
Operating Revenue		 8.98 29 14 22 23 26 20 22 14 25 27
Total Cost of Revenue		 9.46 19 12 14 14 15 14 15 14 15 16
Operating Cost of Revenue		 9.46 19 12 14 14 15 14 15 14 15 16
Total Operating Expenses		 5.10 6.25 4.28 5.43 8.30 8.33 9.95 8.77 9.86 11 9.62
Selling, General & Admin Expense		 3.45 3.90 2.28 2.80 3.85 3.94 4.96 3.48 4.84 4.81 4.65
Marketing Expense		 0.22 1.09 0.14 0.69 0.50 0.19 1.31 1.52 0.88 1.53 0.87
Research & Development Expense		 1.32 1.17 1.78 1.86 3.89 4.12 3.61 3.29 3.73 3.95 4.01
Depreciation Expense		 0.11 0.09 0.08 0.08 0.07 0.07 0.07 0.07 0.07 0.04 0.01
Impairment Charge		 - - - 0.00 0.00 - 0.00 0.42 0.34 - 0.07
Total Other Income / (Expense), net		 -0.01 -0.64 -0.05 0.17 -0.02 -1.54 0.68 -0.88 0.42 0.49 0.20
Interest Expense		 0.37 0.57 0.40 0.14 0.10 0.09 0.08 0.17 0.19 0.22 0.21
Interest & Investment Income		 0.05 0.03 0.10 0.07 0.06 0.04 0.03 0.03 0.49 0.79 0.04
Other Income / (Expense), net		 0.31 -0.10 0.25 0.25 0.02 -1.48 0.73 -0.74 0.12 -0.09 0.36
Income Tax Expense		 -1.16 0.64 -0.48 0.59 0.16 0.36 -1.47 14 -1.56 -0.14 0.11
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Basic Earnings per Share		 ($0.12) $0.06 ($0.05) $0.06 $0.03 $0.11 ($0.10) ($0.44) ($0.63) ($1.07) $0.12
Weighted Average Basic Shares Outstanding		 36.65M 36.66M 36.71M 36.76M 36.77M 36.79M 37.19M 37.24M 37.58M 37.44M 37.78M
Diluted Earnings per Share		 ($0.36) ($0.20) ($0.15) $0.18 $0.02 $0.05 ($0.12) ($1.32) ($0.42) $0.45 $0.11
Weighted Average Diluted Shares Outstanding		 36.65M 36.66M 36.71M 36.94M 36.77M 36.79M 37.99M 37.24M 37.58M 37.44M 38.28M
Weighted Average Basic & Diluted Shares Outstanding		 36.65M 36.76M 36.76M 36.77M 36.95M 37.21M 37.21M 37.60M 37.75M 37.78M 42.62M

Annual Cash Flow Statements for Snail

This table details how cash moves in and out of Snail's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -17 2.68 -2.92 -8.08 2.26
Net Cash From Operating Activities		 16 -3.36 0.47 -1.57 -1.15
Net Cash From Continuing Operating Activities		 16 -3.36 0.47 -1.57 -1.15
Net Income / (Loss) Continuing Operations		 7.91 0.99 -9.09 1.83 -27
Consolidated Net Income / (Loss)		 7.91 0.99 -9.09 1.83 -27
Depreciation Expense		 0.80 0.57 0.43 0.30 0.25
Amortization Expense		 15 7.68 1.51 0.07 1.74
Non-Cash Adjustments To Reconcile Net Income		 16 -3.26 -6.68 2.59 -0.12
Changes in Operating Assets and Liabilities, net		 -24 -9.34 14 -6.36 24
Net Cash From Investing Activities		 -36 1.21 0.00 0.00 -5.26
Net Cash From Continuing Investing Activities		 -36 1.21 0.00 0.00 -5.26
Purchase of Property, Plant & Equipment		 0.00 -0.01 - 0.00 -0.02
Acquisitions		 - - - 0.00 -4.39
Purchase of Investments		 -31 - - 0.00 -0.85
Net Cash From Financing Activities		 2.63 4.84 -3.44 -6.49 8.71
Net Cash From Continuing Financing Activities		 2.63 4.84 -3.44 -6.49 8.71
Repayment of Debt		 -6.85 5.76 -9.58 -6.44 -2.95
Issuance of Debt		 9.50 0.00 3.85 0.00 12
Other Financing Activities, net		 -0.03 -1.29 2.55 -0.04 0.16
Cash Interest Paid		 0.41 0.79 0.93 0.47 0.62
Cash Income Taxes Paid		 6.58 0.89 0.25 -1.10 -2.86

Quarterly Cash Flow Statements for Snail

This table details how cash moves in and out of Snail's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 1.99 10 0.87 -0.57 -4.93 -3.45 2.06 -1.45 4.38 -2.72 5.69
Net Cash From Operating Activities		 -1.92 11 6.78 0.21 -4.95 -3.60 0.76 -3.18 6.56 -5.30 10
Net Cash From Continuing Operating Activities		 -1.93 11 6.84 0.21 -5.01 -3.60 0.76 -3.18 6.56 -5.30 10
Net Income / (Loss) Continuing Operations		 -4.43 2.40 -1.78 2.25 0.23 1.12 -1.95 -17 -7.87 -0.86 2.13
Consolidated Net Income / (Loss)		 -4.43 2.40 -1.78 2.25 0.23 1.12 -1.95 -17 -7.87 -0.86 2.13
Depreciation Expense		 0.11 0.09 0.08 0.08 0.07 0.07 0.07 0.07 0.07 0.04 0.01
Amortization Expense		 0.32 0.11 0.05 0.01 0.00 0.01 0.25 0.46 0.50 0.54 0.54
Non-Cash Adjustments To Reconcile Net Income		 0.32 -4.77 -2.04 -0.13 1.37 3.39 -0.46 -0.59 -0.79 1.72 -0.10
Changes in Operating Assets and Liabilities, net		 1.75 13 11 -2.01 -6.69 -8.18 2.86 13 15 -6.75 7.55
Net Cash From Investing Activities		 - - 0.00 - - - -1.88 -1.15 -1.12 -1.11 -0.16
Net Cash From Continuing Investing Activities		 - - 0.00 - - - -1.88 -1.15 -1.12 -1.11 -0.16
Acquisitions		 - - 0.00 - - - -1.70 -0.61 -0.98 -1.10 -0.16
Purchase of Investments		 - - 0.00 - - - -0.18 -0.54 -0.13 -0.01 0.00
Net Cash From Financing Activities		 3.91 -1.04 -5.89 -0.77 -0.03 0.20 3.14 2.84 -1.07 3.80 -4.33
Net Cash From Continuing Financing Activities		 3.91 -1.04 -5.89 -0.77 -0.03 0.20 3.14 2.84 -1.07 3.80 -4.33
Repayment of Debt		 -0.85 -2.77 -5.62 -0.77 -0.03 -0.02 -0.02 -0.66 -1.07 -1.20 -4.33
Issuance of Debt		 - 0.73 0.00 - - - 3.00 3.50 - 5.00 0.00
Other Financing Activities, net		 -0.25 2.89 -0.26 - - 0.22 0.16 - - - 0.00
Other Net Changes in Cash		 - - - - - - - - - - -0.03
Cash Interest Paid		 0.16 0.21 0.17 0.13 0.12 0.05 0.10 0.13 0.25 0.14 0.23
Cash Income Taxes Paid		 0.23 -0.26 0.00 0.16 0.24 -1.50 0.18 0.43 - -3.47 0.00

Annual Balance Sheets for Snail

This table presents Snail's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 80 73 91 62 59
Total Current Assets		 45 43 57 31 31
Cash & Equivalents		 10 13 15 7.30 8.57
Restricted Cash		 - - - 0.00 0.19
Accounts Receivable		 21 18 25 12 13
Prepaid Expenses		 14 11 6.68 4.37 4.93
Current Deferred & Refundable Income Taxes		 - - 9.53 7.32 4.73
Plant, Property, & Equipment, net		 5.68 5.11 4.68 4.38 4.15
Total Noncurrent Assets		 29 25 30 27 24
Intangible Assets		 9.32 1.66 0.27 0.97 8.74
Other Noncurrent Operating Assets		 5.30 9.39 10 12 14
Other Noncurrent Nonoperating Assets		 6.39 6.37 1.12 0.94 1.75
Total Liabilities & Shareholders' Equity		 80 73 91 62 59
Total Liabilities		 70 63 88 58 81
Total Current Liabilities		 53 52 71 36 50
Short-Term Debt		 9.08 15 5.94 5.72 5.15
Accounts Payable		 28 29 35 20 26
Accrued Expenses		 2.98 1.47 2.89 4.50 3.36
Current Deferred Revenue		 11 4.34 19 3.95 15
Other Current Liabilities		 2.83 1.90 8.03 1.97 0.92
Total Noncurrent Liabilities		 17 12 17 22 31
Long-Term Debt		 2.89 3.22 - 0.00 4.29
Noncurrent Deferred Revenue		 9.28 5.22 15 22 17
Other Noncurrent Operating Liabilities		 4.38 3.39 1.68 0.32 9.80
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 10 9.36 2.80 4.17 -22
Total Preferred & Common Equity		 16 15 8.30 9.67 -16
Total Common Equity		 16 15 8.30 9.67 -16
Common Stock		 94 23 26 26 27
Retained Earnings		 16 -4.86 -14 -12 -39
Treasury Stock		 0.00 -3.41 -3.67 -3.67 -3.67
Accumulated Other Comprehensive Income / (Loss)		 -0.27 -0.31 -0.25 -0.28 -0.28
Noncontrolling Interest		 -5.54 -5.49 -5.50 -5.50 -5.51

Quarterly Balance Sheets for Snail

This table presents Snail's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 61 78 75 67 64 58 51 57
Total Current Assets		 36 42 42 37 31 39 35 29
Cash & Equivalents		 4.95 16 15 11 9.36 7.91 12 14
Restricted Cash		 - - - - - - - 0.19
Accounts Receivable		 16 10 11 9.95 11 18 7.61 9.31
Prepaid Expenses		 14 6.76 5.44 6.29 4.00 6.97 10 4.13
Current Deferred & Refundable Income Taxes		 - 9.46 9.64 9.71 7.17 6.16 4.42 0.90
Plant, Property, & Equipment, net		 4.77 4.60 4.52 4.45 4.31 4.24 4.18 4.13
Total Noncurrent Assets		 21 31 29 26 29 15 12 24
Intangible Assets		 0.40 0.27 0.27 0.27 2.16 3.51 4.38 8.51
Other Noncurrent Operating Assets		 8.49 13 13 11 13 10 6.90 14
Other Noncurrent Nonoperating Assets		 1.12 1.12 1.12 1.12 0.94 0.94 0.94 1.75
Total Liabilities & Shareholders' Equity		 61 78 75 67 64 58 51 57
Total Liabilities		 61 78 73 64 61 71 72 77
Total Current Liabilities		 53 60 53 44 37 55 66 48
Short-Term Debt		 11 6.49 5.77 2.74 5.56 8.59 7.49 3.71
Accounts Payable		 30 27 22 20 20 21 20 26
Accrued Expenses		 2.31 2.43 2.17 2.73 2.89 5.17 4.49 3.27
Current Deferred Revenue		 5.85 22 21 13 3.86 17 30 15
Other Current Liabilities		 4.83 2.07 2.10 5.16 4.57 4.18 3.81 0.97
Total Noncurrent Liabilities		 7.81 18 20 20 24 16 6.53 29
Long-Term Debt		 0.00 - - - - - - 3.97
Noncurrent Deferred Revenue		 5.68 17 19 20 24 16 6.16 17
Other Noncurrent Operating Liabilities		 2.13 1.28 0.87 0.52 0.32 0.35 0.37 7.36
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 0.15 0.13 2.39 2.69 3.60 -13 -21 -20
Total Preferred & Common Equity		 5.64 5.63 7.90 8.20 9.11 -7.99 -16 -14
Total Common Equity		 5.64 5.63 7.90 8.20 9.11 -7.99 -16 -14
Common Stock		 26 25 25 25 27 27 27 27
Retained Earnings		 -16 -16 -13 -13 -14 -31 -38 -37
Treasury Stock		 -3.67 -3.67 -3.67 -3.67 -3.67 -3.67 -3.67 -3.67
Accumulated Other Comprehensive Income / (Loss)		 -0.29 -0.27 -0.28 -0.23 -0.22 -0.19 -0.19 -0.30
Noncontrolling Interest		 -5.50 -5.50 -5.50 -5.50 -5.51 -5.51 -5.51 -5.51

Annual Metrics And Ratios for Snail

This table displays calculated financial ratios and metrics derived from Snail's official financial filings.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 0.00 36,906,023.00 36,649,725.00 36,953,982.00 37,747,308.00
DEI Adjusted Shares Outstanding		 0.00 36,906,023.00 36,649,725.00 36,953,982.00 37,747,308.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 0.03 -0.25 0.05 -0.72
Growth Metrics		 - - - - -
Revenue Growth		 0.00% -30.25% -18.19% 38.69% -3.84%
EBITDA Growth		 0.00% -71.70% -217.49% 140.40% -563.03%
EBIT Growth		 0.00% -115.53% -670.47% 128.92% -690.46%
NOPAT Growth		 0.00% -116.65% -539.15% 140.10% -518.23%
Net Income Growth		 0.00% -87.43% -1,014.77% 120.09% -1,590.78%
EPS Growth		 0.00% -75.00% -1,350.00% 113.33% -1,570.00%
Operating Cash Flow Growth		 0.00% -121.18% 113.88% -435.96% 26.33%
Free Cash Flow Firm Growth		 0.00% 0.00% 333.57% -177.08% 297.49%
Invested Capital Growth		 0.00% 43.78% -196.43% 121.83% -1,488.07%
Revenue Q/Q Growth		 0.00% 0.00% 27.83% -2.71% -1.34%
EBITDA Q/Q Growth		 0.00% 0.00% 46.76% -39.65% -20.70%
EBIT Q/Q Growth		 0.00% 0.00% 47.01% -41.17% -22.11%
NOPAT Q/Q Growth		 0.00% 0.00% 46.68% -17.74% -35.41%
Net Income Q/Q Growth		 0.00% 0.00% 33.96% -41.13% -7.85%
EPS Q/Q Growth		 0.00% 0.00% -47.06% 166.67% 19.23%
Operating Cash Flow Q/Q Growth		 0.00% 3.25% 103.45% -111.77% -308.86%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% -143.05% 7.49%
Invested Capital Q/Q Growth		 0.00% 0.00% -252.81% 126.45% 14.43%
Profitability Metrics		 - - - - -
Gross Margin		 40.33% 28.64% 20.68% 35.79% 27.62%
EBITDA Margin		 22.97% 9.32% -13.39% 3.90% -18.78%
Operating Margin		 7.78% -2.16% -16.90% 4.60% -21.25%
EBIT Margin		 7.90% -1.76% -16.58% 3.46% -21.22%
Profit (Net Income) Margin		 7.41% 1.34% -14.93% 2.16% -33.53%
Tax Burden Percent		 81.59% -68.46% 79.12% 74.30% 164.59%
Interest Burden Percent		 114.90% 110.84% 113.87% 84.23% 96.00%
Effective Tax Rate		 18.41% 0.00% 0.00% 25.70% 0.00%
Return on Invested Capital (ROIC)		 124.01% -16.94% -5,136.07% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 99.23% -86.44% -5,104.27% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 -45.32% 27.18% 4,986.55% 0.00% 0.00%
Return on Equity (ROE)		 78.69% 10.24% -149.51% 52.43% 307.60%
Cash Return on Invested Capital (CROIC)		 0.00% -52.86% 0.00% -383.26% 0.00%
Operating Return on Assets (OROA)		 10.54% -1.71% -12.34% 3.82% -28.38%
Return on Assets (ROA)		 9.88% 1.30% -11.12% 2.39% -44.84%
Return on Common Equity (ROCE)		 122.03% 16.06% -284.59% 135.20% 116.35%
Return on Equity Simple (ROE_SIMPLE)		 50.74% 6.69% -109.57% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 6.77 -1.13 -7.21 2.89 -12
NOPAT Margin		 6.34% -1.51% -11.83% 3.42% -14.88%
Net Nonoperating Expense Percent (NNEP)		 24.78% 69.51% -31.79% -16.49% -846.81%
Return On Investment Capital (ROIC_SIMPLE)		 - - -82.41% 29.21% 97.15%
Cost of Revenue to Revenue		 59.67% 71.36% 79.32% 64.21% 72.38%
SG&A Expenses to Revenue		 15.36% 25.14% 25.97% 15.23% 22.27%
R&D to Revenue		 0.78% 3.97% 8.30% 13.79% 17.95%
Operating Expenses to Revenue		 32.56% 30.81% 37.58% 31.19% 48.87%
Earnings before Interest and Taxes (EBIT)		 8.44 -1.31 -10 2.92 -17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 25 6.94 -8.15 3.29 -15
Valuation Ratios		 - - - - -
Price to Book Value (P/BV)		 0.96 3.65 5.34 7.11 0.00
Price to Tangible Book Value (P/TBV)		 2.39 4.11 5.52 7.90 0.00
Price to Revenue (P/Rev)		 0.14 0.73 0.73 0.81 0.41
Price to Earnings (P/E)		 1.77 57.24 0.00 37.52 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 56.46% 1.75% 0.00% 2.67% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 2.06 6.83 0.00 37.30 0.00
Enterprise Value to Revenue (EV/Rev)		 0.11 0.72 0.49 0.73 0.35
Enterprise Value to EBITDA (EV/EBITDA)		 0.46 7.73 0.00 18.72 0.00
Enterprise Value to EBIT (EV/EBIT)		 1.33 0.00 0.00 21.12 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 1.66 0.00 0.00 21.34 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.71 0.00 63.52 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 3.60 0.00 2.30
Leverage & Solvency		 - - - - -
Debt to Equity		 1.19 1.89 2.12 1.37 -0.43
Long-Term Debt to Equity		 0.29 0.34 0.00 0.00 -0.20
Financial Leverage		 -0.46 -0.31 -0.98 -1.85 0.20
Leverage Ratio		 7.97 7.87 13.45 21.96 -6.86
Compound Leverage Factor		 9.15 8.73 15.32 18.50 -6.59
Debt to Total Capital		 54.34% 65.43% 67.97% 57.85% -75.90%
Short-Term Debt to Total Capital		 41.23% 53.54% 67.97% 57.85% -41.39%
Long-Term Debt to Total Capital		 13.11% 11.89% 0.00% 0.00% -34.51%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 -25.15% -20.27% -62.90% -55.64% 44.27%
Common Equity to Total Capital		 70.81% 54.84% 94.93% 97.79% 131.63%
Debt to EBITDA		 0.49 2.55 -0.73 1.74 -0.62
Net Debt to EBITDA		 0.07 0.70 1.14 -0.48 -0.04
Long-Term Debt to EBITDA		 0.12 0.46 0.00 0.00 -0.28
Debt to NOPAT		 1.77 -15.72 -0.82 1.98 -0.78
Net Debt to NOPAT		 0.27 -4.31 1.28 -0.55 -0.06
Long-Term Debt to NOPAT		 0.43 -2.86 0.00 0.00 -0.36
Altman Z-Score		 1.97 1.24 0.20 1.86 -0.65
Noncontrolling Interest Sharing Ratio		 -55.09% -56.80% -90.34% -157.87% 62.17%
Liquidity Ratios		 - - - - -
Current Ratio		 0.85 0.83 0.79 0.86 0.62
Quick Ratio		 0.58 0.60 0.57 0.54 0.43
Cash Flow Metrics		 - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -3.52 8.22 -6.33 13
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% -7,298.75%
Free Cash Flow to Firm to Interest Expense		 0.00 -3.80 5.37 -8.76 18.95
Operating Cash Flow to Interest Expense		 37.40 -3.63 0.30 -2.16 -1.75
Operating Cash Flow Less CapEx to Interest Expense		 37.40 -3.61 0.30 -2.16 -1.77
Efficiency Ratios		 - - - - -
Asset Turnover		 1.33 0.97 0.74 1.10 1.34
Accounts Receivable Turnover		 5.11 3.81 2.80 4.51 6.53
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 18.80 13.79 12.43 18.65 19.06
Accounts Payable Turnover		 2.31 1.86 1.50 1.96 2.58
Days Sales Outstanding (DSO)		 71.42 95.82 130.18 81.01 55.93
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 158.21 195.74 243.94 185.87 141.58
Cash Conversion Cycle (CCC)		 -86.79 -99.92 -113.76 -104.85 -85.65
Capital & Investment Metrics		 - - - - -
Invested Capital		 5.46 7.85 -7.57 1.65 -23
Invested Capital Turnover		 19.55 11.18 434.13 -28.54 -7.63
Increase / (Decrease) in Invested Capital		 0.00 2.39 -15 9.22 -25
Enterprise Value (EV)		 11 54 30 62 29
Market Capitalization		 15 54 44 69 34
Book Value per Share		 $0.45 $0.40 $0.23 $0.26 ($0.43)
Tangible Book Value per Share		 $0.18 $0.36 $0.22 $0.24 ($0.67)
Total Capital		 22 27 8.74 9.89 -12
Total Debt		 12 18 5.94 5.72 9.44
Total Long-Term Debt		 2.89 3.22 0.00 0.00 4.29
Net Debt		 1.80 4.86 -9.26 -1.58 0.69
Capital Expenditures (CapEx)		 0.00 -0.01 0.00 0.00 0.02
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -9.37 -7.31 -24 -6.52 -22
Debt-free Net Working Capital (DFNWC)		 0.79 5.56 -8.72 0.79 -14
Net Working Capital (NWC)		 -8.29 -8.95 -15 -4.93 -19
Net Nonoperating Expense (NNE)		 -1.14 -2.12 1.89 1.06 15
Net Nonoperating Obligations (NNO)		 -4.59 -1.51 -10 -2.52 -1.06
Total Depreciation and Amortization (D&A)		 16 8.25 1.94 0.37 1.99
Debt-free, Cash-free Net Working Capital to Revenue		 -8.78% -9.81% -39.27% -7.71% -27.52%
Debt-free Net Working Capital to Revenue		 0.74% 7.47% -14.32% 0.93% -16.74%
Net Working Capital to Revenue		 -7.76% -12.02% -24.07% -5.84% -23.08%
Earnings Adjustments		 - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.03 ($0.50) $0.05 ($2.19)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 37.88M 36.66M 36.79M 37.44M
Adjusted Diluted Earnings per Share		 $0.00 $0.03 ($0.50) $0.15 ($1.47)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 37.88M 36.66M 36.79M 37.44M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 28.75M 36.76M 37.21M 37.78M
Normalized Net Operating Profit after Tax (NOPAT)		 20 -1.14 -7.20 2.89 -11
Normalized NOPAT Margin		 18.91% -1.53% -11.83% 3.42% -13.55%
Pre Tax Income Margin		 9.08% -1.95% -18.87% 2.91% -20.37%
Debt Service Ratios		 - - - - -
EBIT to Interest Expense		 19.91 -1.42 -6.59 4.04 -26.12
NOPAT to Interest Expense		 15.98 -1.22 -4.70 4.00 -18.31
EBIT Less CapEx to Interest Expense		 19.91 -1.40 -6.59 4.04 -26.14
NOPAT Less CapEx to Interest Expense		 15.98 -1.20 -4.70 4.00 -18.33
Payout Ratios		 - - - - -
Dividend Payout Ratio		 0.00% 824.80% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 1,168.27% -2.83% 0.00% 0.00%

Quarterly Metrics And Ratios for Snail

This table displays calculated financial ratios and metrics derived from Snail's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 36,649,725.00 36,649,725.00 36,756,054.00 36,756,054.00 36,766,924.00 36,953,982.00 37,213,660.00 37,213,660.00 37,602,484.00 37,747,308.00 37,780,641.00
DEI Adjusted Shares Outstanding		 36,649,725.00 36,649,725.00 36,756,054.00 36,756,054.00 36,766,924.00 36,953,982.00 37,213,660.00 37,213,660.00 37,602,484.00 37,747,308.00 37,780,641.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.12 0.18 -0.05 0.06 0.01 0.03 -0.05 -0.45 -0.21 -0.02 0.06
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -42.48% 86.59% 4.88% 118.42% 150.86% -8.25% 42.47% 2.68% -38.66% -4.21% 35.72%
EBITDA Growth		 -1,770.27% 211.59% 32.03% 168.49% 110.36% -57.29% -66.62% -167.43% -1,928.91% -162.14% 196.92%
EBIT Growth		 -210.49% 166.56% 44.17% 159.74% 108.08% -57.10% -71.57% -187.54% -2,384.07% -203.30% 171.42%
NOPAT Growth		 -222.09% 177.59% 37.30% 162.14% 106.21% -21.30% -85.73% -160.08% -2,942.70% -145.88% 167.69%
Net Income Growth		 -186.90% 205.09% 40.10% 155.21% 105.26% -53.27% -9.35% -834.61% -3,473.50% -177.01% 209.64%
EPS Growth		 -200.00% -600.00% -87.50% 263.64% 105.56% 125.00% 20.00% -833.33% -2,200.00% 800.00% 191.67%
Operating Cash Flow Growth		 53.20% 518.36% 201.02% 109.55% -157.55% -131.95% -88.72% -1,638.37% 232.58% -47.39% 1,235.14%
Free Cash Flow Firm Growth		 -6,507.26% 0.00% 245.79% 246.36% 211.85% -137.90% -158.97% -82.22% 19.42% 439.15% 336.20%
Invested Capital Growth		 461.03% -196.43% -189.23% -170.21% -226.10% 121.83% 89.25% -62.63% -329.11% -1,488.07% -2,386.31%
Revenue Q/Q Growth		 -9.21% 218.11% -50.59% 53.07% 4.28% 16.35% -23.28% 10.32% -37.71% 81.70% 8.70%
EBITDA Q/Q Growth		 -10.01% 178.09% -148.51% 264.36% -83.36% 221.96% -289.23% 33.48% -351.29% 89.06% 395.11%
EBIT Q/Q Growth		 -7.74% 167.93% -154.85% 248.83% -85.42% 260.45% -319.34% 24.06% -280.41% 83.70% 251.66%
NOPAT Q/Q Growth		 -14.62% 174.19% -153.33% 237.00% -88.54% 840.23% -225.87% 55.68% -441.99% 84.83% 285.70%
Net Income Q/Q Growth		 -8.58% 154.04% -174.30% 226.63% -89.66% 380.25% -273.87% -750.69% 52.51% 89.04% 347.52%
EPS Q/Q Growth		 -227.27% 44.44% 25.00% 220.00% -88.89% 150.00% -340.00% -633.33% 68.18% 207.14% -75.56%
Operating Cash Flow Q/Q Growth		 11.17% 685.82% -39.82% -96.95% -2,496.65% 27.31% 121.25% -515.63% 306.55% -180.80% 292.48%
Free Cash Flow Firm Q/Q Growth		 33.72% 279.04% 13.78% 8.40% -49.35% -160.67% -77.06% 132.68% 240.15% 72.29% 23.31%
Invested Capital Q/Q Growth		 -58.82% -252.81% -39.46% 19.99% 26.04% 126.45% -168.70% -1,109.92% -95.16% 14.43% -23.05%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 -5.37% 34.73% 14.69% 37.50% 38.64% 43.29% 29.08% 31.35% 0.10% 38.29% 42.71%
EBITDA Margin		 -53.86% 13.22% -12.98% 13.94% 2.22% 6.15% -15.18% -9.15% -66.32% -3.99% 10.84%
Operating Margin		 -62.13% 12.87% -15.64% 12.36% 1.81% 11.52% -20.39% -8.19% -71.28% -5.95% 7.48%
EBIT Margin		 -58.66% 12.53% -13.90% 13.52% 1.89% 5.86% -16.74% -11.53% -70.39% -6.32% 8.81%
Profit (Net Income) Margin		 -49.37% 8.39% -12.61% 10.43% 1.03% 4.27% -9.68% -74.65% -56.92% -3.43% 7.82%
Tax Burden Percent		 79.31% 78.82% 78.84% 79.27% 59.62% 75.54% 56.97% 614.78% 83.41% 85.63% 95.23%
Interest Burden Percent		 106.13% 84.95% 115.07% 97.36% 91.83% 96.56% 101.50% 105.35% 96.93% 63.50% 93.19%
Effective Tax Rate		 0.00% 21.18% 0.00% 20.73% 40.38% 24.46% 0.00% 0.00% 0.00% 0.00% 4.77%
Return on Invested Capital (ROIC)		 -1,156.82% 4,403.53% -1,057.56% 400.62% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -1,054.40% 4,411.97% -1,048.43% 391.91% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 235.74% -4,310.22% 840.40% -183.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -921.08% 93.31% -217.16% 217.20% 218.59% 52.43% 88.87% 309.20% 274.80% 307.60% 287.33%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% -383.26% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 -41.54% 9.32% -11.84% 14.59% 2.56% 6.46% -21.22% -15.74% -98.36% -8.44% 12.84%
Return on Assets (ROA)		 -34.97% 6.24% -10.74% 11.26% 1.40% 4.71% -12.27% -101.94% -79.53% -4.59% 11.40%
Return on Common Equity (ROCE)		 -3,112.84% 177.61% -588.76% 571.70% 1,065.51% 135.20% 350.57% 2.51% 110.19% 116.35% 91.02%
Return on Equity Simple (ROE_SIMPLE)		 -244.03% 0.00% -140.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -3.91 2.90 -1.55 2.12 0.24 2.28 -2.87 -1.27 -6.90 -1.05 1.94
NOPAT Margin		 -43.49% 10.14% -10.95% 9.80% 1.08% 8.70% -14.27% -5.73% -49.89% -4.17% 7.12%
Net Nonoperating Expense Percent (NNEP)		 -102.42% -8.44% -9.12% 8.71% -0.45% -18.01% 11.97% -275.82% -13.22% 10.28% 2.89%
Return On Investment Capital (ROIC_SIMPLE)		 - 33.15% -23.32% 25.93% 4.46% 23.06% -31.34% 25.98% 50.73% 8.41% -16.14%
Cost of Revenue to Revenue		 105.37% 65.27% 85.31% 62.50% 61.36% 56.71% 70.92% 68.65% 99.90% 61.71% 57.29%
SG&A Expenses to Revenue		 38.44% 13.65% 16.17% 12.94% 17.07% 15.05% 24.68% 15.66% 35.05% 19.15% 17.04%
R&D to Revenue		 14.67% 4.08% 12.59% 8.61% 17.25% 15.73% 17.95% 14.84% 27.00% 15.72% 14.71%
Operating Expenses to Revenue		 56.76% 21.87% 30.33% 25.14% 36.84% 31.77% 49.47% 39.54% 71.38% 44.24% 35.23%
Earnings before Interest and Taxes (EBIT)		 -5.27 3.58 -1.96 2.92 0.43 1.54 -3.37 -2.56 -9.73 -1.59 2.41
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -4.84 3.78 -1.83 3.01 0.50 1.61 -3.05 -2.03 -9.17 -1.00 2.96
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 7.40 5.34 6.44 4.01 3.24 7.11 3.59 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 7.97 5.52 6.77 4.15 3.35 7.90 4.70 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.88 0.73 0.59 0.43 0.31 0.81 0.36 0.56 0.50 0.41 0.22
Price to Earnings (P/E)		 0.00 0.00 0.00 12.55 3.69 37.52 19.63 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 7.97% 27.10% 2.67% 5.09% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 8.52 0.00 0.00 0.00 0.00 37.30 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.89 0.49 0.34 0.22 0.15 0.73 0.26 0.51 0.37 0.35 0.08
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 137.56 2.42 18.72 11.28 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 2.66 21.12 15.43 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 3.76 21.34 9.17 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 63.52 1.52 1.01 0.99 0.00 0.00 0.00 55.57 0.00 0.85
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 3.60 1.32 0.84 0.90 0.00 0.00 13.02 2.64 2.30 0.36
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 74.96 2.12 48.46 2.41 1.02 1.37 1.54 -0.64 -0.36 -0.43 -0.39
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.20 -0.20
Financial Leverage		 -0.22 -0.98 -0.80 -0.47 -1.46 -1.85 -4.13 1.00 0.80 0.20 0.82
Leverage Ratio		 29.16 13.45 22.50 20.15 45.15 21.96 38.21 -12.02 -6.41 -6.86 -7.53
Compound Leverage Factor		 30.95 11.43 25.89 19.62 41.46 21.20 38.78 -12.66 -6.21 -4.36 -7.02
Debt to Total Capital		 98.68% 67.97% 97.98% 70.68% 50.45% 57.85% 60.66% -175.50% -55.07% -75.90% -63.86%
Short-Term Debt to Total Capital		 98.68% 67.97% 97.98% 70.68% 50.45% 57.85% 60.66% -175.50% -55.07% -41.39% -30.84%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -34.51% -33.02%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 -49.90% -62.90% -82.99% -67.38% -101.21% -55.64% -60.11% 112.42% 40.52% 44.27% 45.75%
Common Equity to Total Capital		 51.21% 94.93% 85.01% 96.70% 150.76% 97.79% 99.45% 163.08% 114.56% 131.63% 118.10%
Debt to EBITDA		 -0.71 -0.73 -0.89 48.38 0.50 1.74 2.68 -2.89 -0.59 -0.62 -0.83
Net Debt to EBITDA		 -0.39 1.14 1.31 -81.52 -1.43 -0.48 -1.83 -0.23 0.38 -0.04 0.73
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.28 -0.43
Debt to NOPAT		 -0.80 -0.82 -1.03 -5.72 0.78 1.98 2.18 -4.93 -0.84 -0.78 -0.99
Net Debt to NOPAT		 -0.44 1.28 1.52 9.64 -2.23 -0.55 -1.49 -0.40 0.54 -0.06 0.87
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.36 -0.51
Altman Z-Score		 0.18 0.69 0.43 0.92 1.16 1.78 1.14 0.78 -0.46 0.22 0.52
Noncontrolling Interest Sharing Ratio		 -237.96% -90.34% -171.12% -163.22% -387.45% -157.87% -294.49% 99.19% 59.90% 62.17% 68.32%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.67 0.79 0.71 0.78 0.84 0.86 0.84 0.70 0.53 0.62 0.60
Quick Ratio		 0.39 0.57 0.44 0.50 0.47 0.54 0.54 0.47 0.30 0.43 0.49
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -10 18 21 23 11 -6.94 -12 4.02 14 24 29
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -79,286.11% 0.00%
Free Cash Flow to Firm to Interest Expense		 -27.63 32.11 52.65 158.79 119.22 -78.21 -152.09 23.74 70.38 109.13 140.93
Operating Cash Flow to Interest Expense		 -5.19 19.74 17.12 1.45 -51.57 -40.53 9.46 -18.77 33.80 -24.58 49.54
Operating Cash Flow Less CapEx to Interest Expense		 -5.19 19.74 17.12 1.45 -51.57 -40.53 9.46 -18.77 33.80 -24.61 49.54
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.71 0.74 0.85 1.08 1.35 1.10 1.27 1.37 1.40 1.34 1.46
Accounts Receivable Turnover		 2.91 2.80 4.33 5.27 6.75 4.51 8.77 6.32 9.38 6.53 8.90
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 9.52 12.43 12.83 15.59 18.84 18.65 20.31 20.78 19.08 19.06 20.94
Accounts Payable Turnover		 1.47 1.50 1.82 2.14 2.36 1.96 2.41 2.75 2.96 2.58 2.64
Days Sales Outstanding (DSO)		 125.35 130.18 84.35 69.26 54.09 81.01 41.60 57.71 38.90 55.93 41.02
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 248.03 243.94 201.00 170.18 154.97 185.87 151.31 132.92 123.17 141.58 138.05
Cash Conversion Cycle (CCC)		 -122.68 -113.76 -116.65 -100.92 -100.88 -104.85 -109.71 -75.21 -84.26 -85.65 -97.03
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 4.95 -7.57 -11 -8.45 -6.25 1.65 -1.14 -14 -27 -23 -28
Invested Capital Turnover		 26.60 434.13 96.59 40.88 -134.27 -28.54 -15.47 -8.21 -4.98 -7.63 -6.02
Increase / (Decrease) in Invested Capital		 6.33 -15 -22 -20 -11 9.22 9.42 -5.29 -21 -25 -27
Enterprise Value (EV)		 42 30 21 16 13 62 23 46 31 29 7.04
Market Capitalization		 42 44 36 32 27 69 33 51 41 34 19
Book Value per Share		 $0.15 $0.23 $0.15 $0.21 $0.22 $0.26 $0.24 ($0.21) ($0.41) ($0.43) ($0.38)
Tangible Book Value per Share		 $0.14 $0.22 $0.15 $0.21 $0.22 $0.24 $0.19 ($0.31) ($0.53) ($0.67) ($0.60)
Total Capital		 11 8.74 6.63 8.17 5.44 9.89 9.16 -4.90 -14 -12 -12
Total Debt		 11 5.94 6.49 5.77 2.74 5.72 5.56 8.59 7.49 9.44 7.69
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.29 3.97
Net Debt		 5.92 -9.26 -9.58 -9.72 -7.82 -1.58 -3.80 0.69 -4.80 0.69 -6.76
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -12 -24 -27 -21 -15 -6.52 -9.54 -16 -36 -22 -30
Debt-free Net Working Capital (DFNWC)		 -6.86 -8.72 -11 -5.90 -4.37 0.79 -0.18 -7.75 -23 -14 -16
Net Working Capital (NWC)		 -18 -15 -17 -12 -7.11 -4.93 -5.74 -16 -31 -19 -19
Net Nonoperating Expense (NNE)		 0.53 0.50 0.23 -0.14 0.01 1.16 -0.92 15 0.97 -0.18 -0.19
Net Nonoperating Obligations (NNO)		 4.81 -10 -11 -11 -8.94 -2.52 -4.74 -0.25 -5.73 -1.06 -8.51
Total Depreciation and Amortization (D&A)		 0.43 0.20 0.13 0.09 0.08 0.08 0.31 0.53 0.56 0.58 0.55
Debt-free, Cash-free Net Working Capital to Revenue		 -24.78% -39.27% -43.86% -29.20% -17.20% -7.71% -10.55% -17.20% -43.42% -27.52% -33.90%
Debt-free Net Working Capital to Revenue		 -14.39% -14.32% -17.76% -8.05% -5.03% 0.93% -0.20% -8.52% -28.50% -16.74% -17.56%
Net Working Capital to Revenue		 -37.21% -24.07% -28.31% -15.93% -8.19% -5.84% -6.34% -17.96% -37.59% -23.08% -21.76%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.36) $0.06 ($0.05) $0.06 $0.01 $0.11 ($0.05) ($0.44) ($0.63) ($1.07) $0.12
Adjusted Weighted Average Basic Shares Outstanding		 36.65M 36.66M 36.71M 36.76M 36.77M 36.79M 37.19M 37.24M 37.58M 37.44M 37.78M
Adjusted Diluted Earnings per Share		 ($0.36) ($0.20) ($0.05) $0.06 $0.03 $0.05 ($0.18) ($1.32) ($0.42) $0.45 $0.11
Adjusted Weighted Average Diluted Shares Outstanding		 36.65M 36.66M 36.71M 36.94M 36.77M 36.79M 37.99M 37.24M 37.58M 37.44M 38.28M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 36.65M 36.76M 36.76M 36.77M 36.95M 37.21M 37.21M 37.60M 37.75M 37.78M 42.62M
Normalized Net Operating Profit after Tax (NOPAT)		 -3.91 2.90 -1.55 2.12 0.24 2.28 -2.87 -0.98 -6.66 -1.05 2.01
Normalized NOPAT Margin		 -43.49% 10.14% -10.95% 9.80% 1.08% 8.70% -14.27% -4.42% -48.19% -4.17% 7.36%
Pre Tax Income Margin		 -62.25% 10.64% -16.00% 13.16% 1.74% 5.65% -16.99% -12.14% -68.24% -4.01% 8.21%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -14.22 6.27 -4.96 20.53 4.44 17.29 -41.66 -15.11 -50.10 -7.35 11.67
NOPAT to Interest Expense		 -10.55 5.08 -3.90 14.88 2.53 25.69 -35.51 -7.52 -35.51 -4.85 9.43
EBIT Less CapEx to Interest Expense		 -14.22 6.27 -4.96 20.53 4.44 17.29 -41.66 -15.11 -50.10 -7.38 11.67
NOPAT Less CapEx to Interest Expense		 -10.55 5.08 -3.90 14.88 2.53 25.69 -35.51 -7.52 -35.51 -4.88 9.43
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 13.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -12.96% -2.83% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Snail (NASDAQ: SNAL) showed a sharp operational rebound in Q1 2026, but the balance sheet remains highly leveraged and working-capital intensive. Revenue and operating cash flow improved meaningfully versus the prior quarter and year-ago period, while profitability returned to the black. At the same time, liabilities still far exceed equity, and the company continues to rely on debt and deferred revenue to support operations.

  • Revenue jumped sequentially and year over year. Q1 2026 revenue was $27.3 million, up from $25.1 million in Q4 2025 and $20.1 million in Q1 2025.
  • Profitability improved sharply. Net income was $2.1 million in Q1 2026, compared with a loss of $0.9 million in Q4 2025 and a loss of $1.9 million in Q1 2025.
  • Operating cash flow strengthened dramatically. Cash from operations reached $10.2 million in Q1 2026, versus negative $5.3 million in Q4 2025 and $0.8 million in Q1 2025.
  • Gross profit margins remain healthy enough to support earnings. Gross profit was $11.7 million on $27.3 million of revenue, showing the company can still generate solid contribution profit despite high expenses.
  • Cash balance increased. Cash and equivalents rose to $14.3 million at March 31, 2026, from $12.3 million at the end of Q3 2025.
  • Deferred revenue remains a major part of the balance sheet. Current deferred revenue was $14.5 million and noncurrent deferred revenue was $17.2 million, indicating a meaningful amount of customer prepayments supporting future revenue recognition.
  • Accounts receivable remains elevated. Receivables were $9.3 million, which can be normal for a content/business model, but still ties up working capital.
  • Noncontrolling interest remains material. Total equity is distorted by a $5.5 million noncontrolling interest and negative common equity, making traditional equity metrics less useful.
  • Liabilities still exceed assets by a wide margin. Total liabilities were $76.6 million versus total assets of $56.8 million, leaving shareholders’ equity at negative $14.2 million.
  • Common equity remains deeply negative. The company reported negative total common equity of $14.2 million, reflecting accumulated losses and continued balance sheet strain.
  • Current liabilities are very high relative to current assets. Current liabilities of $48.0 million dwarf current assets of $28.8 million, suggesting ongoing liquidity pressure.
  • Debt is still significant. Snail ended Q1 2026 with $3.7 million of short-term debt and $4.0 million of long-term debt, and it also repaid $4.3 million of debt during the quarter.
  • Operating expenses remain heavy. Even with better revenue, the company spent $9.6 million on operating expenses in Q1 2026, including $4.0 million on R&D and $4.7 million on SG&A.

Bottom line: SNAL’s latest quarter shows a notable turnaround in revenue, earnings, and cash generation, which is encouraging. However, the company’s weak equity position, heavy liabilities, and dependence on working capital and deferred revenue mean investors should still view the balance sheet as a key risk.

07/26/26 09:33 PM ETAI Generated. May Contain Errors.

Snail Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Snail's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Snail's net income appears to be on an upward trend, with a most recent value of -$27.24 million in 2025, falling from $7.91 million in 2021. The previous period was $1.83 million in 2024. Check out Snail's forecast to explore projected trends and price targets.

Snail's total operating income in 2025 was -$17.26 million, based on the following breakdown:
  • Total Gross Profit: $22.43 million
  • Total Operating Expenses: $39.69 million

Over the last 4 years, Snail's total revenue changed from $106.73 million in 2021 to $81.23 million in 2025, a change of -23.9%.

Snail's total liabilities were at $81.19 million at the end of 2025, a 39.9% increase from 2024, and a 15.9% increase since 2021.

In the past 4 years, Snail's cash and equivalents has ranged from $7.30 million in 2024 to $15.20 million in 2023, and is currently $8.57 million as of their latest financial filing in 2025.

Over the last 4 years, Snail's book value per share changed from 0.45 in 2021 to -0.43 in 2025, a change of -197.4%.


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Financial statements for NASDAQ:SNAL last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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