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Side-by-side financial comparison of Andersons, Inc. (ANDE) and Criteo S.A. (CRTO). Click either name above to swap in a different company.

Criteo S.A. is the larger business by last-quarter revenue ($482.7M vs $329.5M, roughly 1.5× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 4.4%, a 16.1% gap on every dollar of revenue. On growth, Criteo S.A. posted the faster year-over-year revenue change (2.4% vs -2.4%). Criteo S.A. produced more free cash flow last quarter ($-36.6M vs $-77.1M). Over the past eight quarters, Criteo S.A.'s revenue compounded faster (1.4% CAGR vs -1.8%).

The Andersons, Inc. is an American agribusiness established in 1947, that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry, headquartered in Maumee, Ohio. It is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors.

Criteo S.A. is an advertising company that provides online display advertisements. The company was founded and is headquartered in Paris, France.

ANDE vs CRTO — Head-to-Head

Bigger by revenue
CRTO
CRTO
1.5× larger
CRTO
$482.7M
$329.5M
ANDE
Growing faster (revenue YoY)
CRTO
CRTO
+4.8% gap
CRTO
2.4%
-2.4%
ANDE
Higher net margin
ANDE
ANDE
16.1% more per $
ANDE
20.5%
4.4%
CRTO
More free cash flow
CRTO
CRTO
$40.5M more FCF
CRTO
$-36.6M
$-77.1M
ANDE
Faster 2-yr revenue CAGR
CRTO
CRTO
Annualised
CRTO
1.4%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
ANDE
ANDE
CRTO
CRTO
Revenue
$329.5M
$482.7M
Net Profit
$67.4M
$21.3M
Gross Margin
70.3%
53.6%
Operating Margin
26.6%
6.3%
Net Margin
20.5%
4.4%
Revenue YoY
-2.4%
2.4%
Net Profit YoY
49.6%
-21.3%
EPS (diluted)
$0.39

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
ANDE
ANDE
CRTO
CRTO
Q4 25
$329.5M
Q3 25
$295.8M
Q2 25
$535.0M
$482.7M
Q1 25
$370.8M
$451.4M
Q4 24
$337.5M
$553.0M
Q3 24
$231.9M
$458.9M
Q2 24
$492.5M
$471.3M
Q1 24
$341.4M
$450.1M
Net Profit
ANDE
ANDE
CRTO
CRTO
Q4 25
$67.4M
Q3 25
$20.1M
Q2 25
$7.9M
$21.3M
Q1 25
$284.0K
$37.9M
Q4 24
$45.1M
$71.1M
Q3 24
$27.4M
$6.2M
Q2 24
$36.0M
$27.0M
Q1 24
$5.6M
$7.2M
Gross Margin
ANDE
ANDE
CRTO
CRTO
Q4 25
70.3%
Q3 25
57.8%
Q2 25
29.6%
53.6%
Q1 25
41.2%
52.5%
Q4 24
63.1%
54.4%
Q3 24
76.4%
50.5%
Q2 24
35.6%
49.4%
Q1 24
37.6%
48.3%
Operating Margin
ANDE
ANDE
CRTO
CRTO
Q4 25
26.6%
Q3 25
8.7%
Q2 25
4.6%
6.3%
Q1 25
0.9%
10.7%
Q4 24
19.9%
17.1%
Q3 24
26.8%
2.1%
Q2 24
11.6%
7.8%
Q1 24
4.1%
2.3%
Net Margin
ANDE
ANDE
CRTO
CRTO
Q4 25
20.5%
Q3 25
6.8%
Q2 25
1.5%
4.4%
Q1 25
0.1%
8.4%
Q4 24
13.4%
12.9%
Q3 24
11.8%
1.4%
Q2 24
7.3%
5.7%
Q1 24
1.6%
1.6%
EPS (diluted)
ANDE
ANDE
CRTO
CRTO
Q4 25
Q3 25
$0.59
Q2 25
$0.23
$0.39
Q1 25
$0.01
$0.66
Q4 24
$1.31
$1.21
Q3 24
$0.80
$0.11
Q2 24
$1.05
$0.46
Q1 24
$0.16
$0.12

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
CRTO
CRTO
Cash + ST InvestmentsLiquidity on hand
$98.3M
$223.6M
Total DebtLower is stronger
$560.0M
Stockholders' EquityBook value
$1.2B
$1.1B
Total Assets
$3.7B
$2.1B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
CRTO
CRTO
Q4 25
$98.3M
Q3 25
Q2 25
$223.6M
Q1 25
$313.2M
Q4 24
$561.8M
$316.9M
Q3 24
$231.8M
Q2 24
$233.2M
Q1 24
$278.1M
Total Debt
ANDE
ANDE
CRTO
CRTO
Q4 25
$560.0M
Q3 25
Q2 25
Q1 25
Q4 24
$608.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ANDE
ANDE
CRTO
CRTO
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.4B
$1.1B
Q1 25
$1.4B
$1.1B
Q4 24
$1.4B
$1.0B
Q3 24
$1.3B
$1.1B
Q2 24
$1.3B
$1.0B
Q1 24
$1.3B
$1.0B
Total Assets
ANDE
ANDE
CRTO
CRTO
Q4 25
$3.7B
Q3 25
$3.3B
Q2 25
$3.4B
$2.1B
Q1 25
$3.8B
$2.1B
Q4 24
$4.1B
$2.3B
Q3 24
$3.4B
$2.2B
Q2 24
$3.3B
$2.2B
Q1 24
$3.3B
$2.2B
Debt / Equity
ANDE
ANDE
CRTO
CRTO
Q4 25
0.45×
Q3 25
Q2 25
Q1 25
Q4 24
0.45×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ANDE
ANDE
CRTO
CRTO
Operating Cash FlowLast quarter
$-6.2M
$-1.4M
Free Cash FlowOCF − Capex
$-77.1M
$-36.6M
FCF MarginFCF / Revenue
-23.4%
-7.6%
Capex IntensityCapex / Revenue
21.5%
7.3%
Cash ConversionOCF / Net Profit
-0.09×
-0.07×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
CRTO
CRTO
Q4 25
$-6.2M
Q3 25
$233.9M
Q2 25
$299.3M
$-1.4M
Q1 25
$-350.0M
$62.3M
Q4 24
$268.8M
$169.5M
Q3 24
$-2.1M
$57.5M
Q2 24
$304.4M
$17.2M
Q1 24
$-239.6M
$14.0M
Free Cash Flow
ANDE
ANDE
CRTO
CRTO
Q4 25
$-77.1M
Q3 25
$167.0M
Q2 25
$250.5M
$-36.6M
Q1 25
$-396.6M
$45.3M
Q4 24
$212.9M
Q3 24
$-40.0M
Q2 24
$275.8M
$-4.0M
Q1 24
$-266.4M
$173.0K
FCF Margin
ANDE
ANDE
CRTO
CRTO
Q4 25
-23.4%
Q3 25
56.5%
Q2 25
46.8%
-7.6%
Q1 25
-106.9%
10.0%
Q4 24
63.1%
Q3 24
-17.2%
Q2 24
56.0%
-0.9%
Q1 24
-78.0%
0.0%
Capex Intensity
ANDE
ANDE
CRTO
CRTO
Q4 25
21.5%
Q3 25
22.6%
Q2 25
9.1%
7.3%
Q1 25
12.6%
3.8%
Q4 24
16.6%
Q3 24
16.3%
Q2 24
5.8%
4.5%
Q1 24
7.8%
3.1%
Cash Conversion
ANDE
ANDE
CRTO
CRTO
Q4 25
-0.09×
Q3 25
11.61×
Q2 25
38.10×
-0.07×
Q1 25
-1232.46×
1.64×
Q4 24
5.96×
2.38×
Q3 24
-0.08×
9.21×
Q2 24
8.46×
0.64×
Q1 24
-42.94×
1.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ANDE
ANDE

Specialty And Primary Nutrients$137.1M42%
Premium Ingredients$66.1M20%
Segment Reporting Reconciling Item Other$63.2M19%
Other$63.1M19%

CRTO
CRTO

Commerce Growth$393.9M82%
Retail Media$60.9M13%
Other$27.9M6%

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