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Joint Stock Company Kaspi.kz vs Snowflake Inc.

KSPI vs SNOW — return on capital, cash generation, margins and balance sheet side by side.

KSPI

3 / 4

measures where KSPI leads

SNOW

1 / 4

measures where SNOW leads

A simple count of which company scores better on each measure — not a recommendation to buy or sell.

MeasureKSPISNOW · FY2026
Revenue—$4.7B
Net income—(1.3B)
Revenue growth (yearly, multi-year)—40.0%
Free cash flow—$1.1B
Free cash flow margin—23.9%
Net cash / (debt)——
ROIC42.8%—
Return on equity53.5%-54.1%
Gross margin47.4%67.2%
Operating margin32.6%-30.6%
Net debt / EBITDA-0.35x0.45x

Figures are as reported by each company; latest fiscal year shown.

Where Joint Stock Company Kaspi.kz's cash went

Not reported yet.

Full KSPI profile →

Where Snowflake Inc.'s cash went (FY2026)

Capital spending
$101.6M
Buybacks
—
Dividends
—
Acquisitions
—
Net debt issued / (repaid)
—
Full SNOW profile →

Ask which business is stronger

"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.

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