vs
Side-by-side financial comparison of Allstate (ALL) and Cloudflare, Inc. (NET). Click either name above to swap in a different company.
Allstate is the larger business by last-quarter revenue ($922.0M vs $614.5M, roughly 1.5× Cloudflare, Inc.). Allstate runs the higher net margin — 266.6% vs -2.0%, a 268.6% gap on every dollar of revenue. On growth, Cloudflare, Inc. posted the faster year-over-year revenue change (33.6% vs 7.2%). Over the past eight quarters, Cloudflare, Inc.'s revenue compounded faster (27.4% CAGR vs -75.8%).
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...
Cloudflare, Inc. is an American technology company headquartered in San Francisco, California, that provides a range of internet services, including content delivery network (CDN) services, cloud cybersecurity, DDoS mitigation, and ICANN-accredited domain registration. The company's services act primarily as a reverse proxy between website visitors and a customer's hosting provider, improving performance and protecting against malicious traffic.
ALL vs NET — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $922.0M | $614.5M |
| Net Profit | $2.5B | $-12.1M |
| Gross Margin | — | 73.6% |
| Operating Margin | -1400.3% | -8.0% |
| Net Margin | 266.6% | -2.0% |
| Revenue YoY | 7.2% | 33.6% |
| Net Profit YoY | — | 6.0% |
| EPS (diluted) | $9.25 | $-0.03 |
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.
| Q1 26 | $922.0M | — | ||
| Q4 25 | $17.3B | $614.5M | ||
| Q3 25 | $17.3B | $562.0M | ||
| Q2 25 | $16.6B | $512.3M | ||
| Q1 25 | $16.5B | $479.1M | ||
| Q4 24 | $16.5B | $459.9M | ||
| Q3 24 | $16.6B | $430.1M | ||
| Q2 24 | $15.7B | $401.0M |
| Q1 26 | $2.5B | — | ||
| Q4 25 | $3.8B | $-12.1M | ||
| Q3 25 | $3.7B | $-1.3M | ||
| Q2 25 | $2.1B | $-50.4M | ||
| Q1 25 | $595.0M | $-38.5M | ||
| Q4 24 | $1.9B | $-12.8M | ||
| Q3 24 | $1.2B | $-15.3M | ||
| Q2 24 | $331.0M | $-15.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% |
| Q1 26 | -1400.3% | — | ||
| Q4 25 | — | -8.0% | ||
| Q3 25 | — | -6.7% | ||
| Q2 25 | — | -13.1% | ||
| Q1 25 | — | -11.1% | ||
| Q4 24 | — | -7.5% | ||
| Q3 24 | — | -7.2% | ||
| Q2 24 | — | -8.7% |
| Q1 26 | 266.6% | — | ||
| Q4 25 | 22.1% | -2.0% | ||
| Q3 25 | 21.7% | -0.2% | ||
| Q2 25 | 12.7% | -9.8% | ||
| Q1 25 | 3.6% | -8.0% | ||
| Q4 24 | 11.7% | -2.8% | ||
| Q3 24 | 7.2% | -3.6% | ||
| Q2 24 | 2.1% | -3.8% |
| Q1 26 | $9.25 | — | ||
| Q4 25 | $14.24 | $-0.03 | ||
| Q3 25 | $13.95 | $0.00 | ||
| Q2 25 | $7.76 | $-0.15 | ||
| Q1 25 | $2.11 | $-0.11 | ||
| Q4 24 | $7.07 | $-0.05 | ||
| Q3 24 | $4.33 | $-0.04 | ||
| Q2 24 | $1.13 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $943.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $31.6B | $1.5B |
| Total Assets | $124.0B | $6.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $943.5M | ||
| Q3 25 | $8.7B | $1.1B | ||
| Q2 25 | $9.6B | $1.5B | ||
| Q1 25 | $6.5B | $204.5M | ||
| Q4 24 | $4.5B | $147.7M | ||
| Q3 24 | $7.0B | $182.9M | ||
| Q2 24 | $5.3B | $157.0M |
| Q1 26 | — | — | ||
| Q4 25 | $7.5B | — | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.1B | — |
| Q1 26 | $31.6B | — | ||
| Q4 25 | $30.6B | $1.5B | ||
| Q3 25 | $27.5B | $1.3B | ||
| Q2 25 | $24.0B | $1.2B | ||
| Q1 25 | $22.1B | $1.4B | ||
| Q4 24 | $21.4B | $1.0B | ||
| Q3 24 | $20.9B | $973.1M | ||
| Q2 24 | $18.6B | $881.5M |
| Q1 26 | $124.0B | — | ||
| Q4 25 | $119.8B | $6.0B | ||
| Q3 25 | $120.4B | $5.8B | ||
| Q2 25 | $115.9B | $5.6B | ||
| Q1 25 | $115.2B | $3.7B | ||
| Q4 24 | $111.6B | $3.3B | ||
| Q3 24 | $113.7B | $3.1B | ||
| Q2 24 | $108.4B | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.24× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.43× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $190.4M |
| Free Cash FlowOCF − Capex | — | $105.2M |
| FCF MarginFCF / Revenue | — | 17.1% |
| Capex IntensityCapex / Revenue | — | 13.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $287.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $190.4M | ||
| Q3 25 | $3.3B | $167.1M | ||
| Q2 25 | $1.9B | $99.8M | ||
| Q1 25 | $2.0B | $145.8M | ||
| Q4 24 | $1.7B | $127.3M | ||
| Q3 24 | $3.2B | $104.7M | ||
| Q2 24 | $2.4B | $74.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $105.2M | ||
| Q3 25 | $3.2B | $82.5M | ||
| Q2 25 | $1.9B | $39.9M | ||
| Q1 25 | $1.9B | $59.9M | ||
| Q4 24 | $1.7B | $54.2M | ||
| Q3 24 | $3.1B | $54.5M | ||
| Q2 24 | $2.3B | $45.2M |
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | 17.1% | ||
| Q3 25 | 18.8% | 14.7% | ||
| Q2 25 | 11.3% | 7.8% | ||
| Q1 25 | 11.4% | 12.5% | ||
| Q4 24 | 10.0% | 11.8% | ||
| Q3 24 | 18.9% | 12.7% | ||
| Q2 24 | 14.7% | 11.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 13.9% | ||
| Q3 25 | 0.3% | 15.1% | ||
| Q2 25 | 0.0% | 11.7% | ||
| Q1 25 | 0.6% | 17.9% | ||
| Q4 24 | 0.3% | 15.9% | ||
| Q3 24 | 0.4% | 11.7% | ||
| Q2 24 | 0.4% | 7.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.88× | — | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | 3.30× | — | ||
| Q4 24 | 0.88× | — | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 7.13× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALL
Segment breakdown not available.
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
