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Side-by-side financial comparison of APA Corporation (APA) and Gartner (IT). Click either name above to swap in a different company.

APA Corporation is the larger business by last-quarter revenue ($2.2B vs $1.8B, roughly 1.3× Gartner). APA Corporation runs the higher net margin — 15.0% vs 13.8%, a 1.2% gap on every dollar of revenue. On growth, Gartner posted the faster year-over-year revenue change (2.2% vs -24.3%). Over the past eight quarters, Gartner's revenue compounded faster (9.1% CAGR vs 1.4%).

APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.

Gartner, Inc. is an American research and advisory firm focusing on business and technology topics. Gartner provides its products and services through research reports, conferences, and consulting. Its clients include large corporations, government agencies, technology companies, and investment firms.

APA vs IT — Head-to-Head

Bigger by revenue
APA
APA
1.3× larger
APA
$2.2B
$1.8B
IT
Growing faster (revenue YoY)
IT
IT
+26.5% gap
IT
2.2%
-24.3%
APA
Higher net margin
APA
APA
1.2% more per $
APA
15.0%
13.8%
IT
Faster 2-yr revenue CAGR
IT
IT
Annualised
IT
9.1%
1.4%
APA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APA
APA
IT
IT
Revenue
$2.2B
$1.8B
Net Profit
$331.0M
$242.2M
Gross Margin
67.8%
Operating Margin
32.5%
19.1%
Net Margin
15.0%
13.8%
Revenue YoY
-24.3%
2.2%
Net Profit YoY
-22.1%
-39.2%
EPS (diluted)
$0.79
$3.36

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
APA
APA
IT
IT
Q4 25
$2.2B
$1.8B
Q3 25
$2.3B
$1.5B
Q2 25
$2.3B
$1.7B
Q1 25
$2.7B
$1.5B
Q4 24
$2.9B
$1.7B
Q3 24
$2.7B
$1.5B
Q2 24
$2.8B
$1.6B
Q1 24
$2.1B
$1.5B
Net Profit
APA
APA
IT
IT
Q4 25
$331.0M
$242.2M
Q3 25
$205.0M
$35.4M
Q2 25
$603.0M
$240.8M
Q1 25
$418.0M
$210.9M
Q4 24
$425.0M
$398.6M
Q3 24
$-223.0M
$415.0M
Q2 24
$541.0M
$229.5M
Q1 24
$212.0M
$210.5M
Gross Margin
APA
APA
IT
IT
Q4 25
67.8%
Q3 25
69.3%
Q2 25
68.6%
Q1 25
69.4%
Q4 24
66.8%
Q3 24
68.4%
Q2 24
68.6%
Q1 24
69.4%
Operating Margin
APA
APA
IT
IT
Q4 25
32.5%
19.1%
Q3 25
33.7%
5.7%
Q2 25
31.8%
19.4%
Q1 25
31.9%
18.1%
Q4 24
31.4%
18.5%
Q3 24
-5.2%
16.6%
Q2 24
34.4%
20.0%
Q1 24
32.2%
18.6%
Net Margin
APA
APA
IT
IT
Q4 25
15.0%
13.8%
Q3 25
9.0%
2.3%
Q2 25
26.0%
14.3%
Q1 25
15.4%
13.7%
Q4 24
14.6%
23.2%
Q3 24
-8.1%
28.0%
Q2 24
19.0%
14.4%
Q1 24
9.9%
14.3%
EPS (diluted)
APA
APA
IT
IT
Q4 25
$0.79
$3.36
Q3 25
$0.57
$0.47
Q2 25
$1.67
$3.11
Q1 25
$0.96
$2.71
Q4 24
$0.97
$5.08
Q3 24
$-0.60
$5.32
Q2 24
$1.46
$2.93
Q1 24
$0.44
$2.67

Balance Sheet & Financial Strength

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

Metric
APA
APA
IT
IT
Cash + ST InvestmentsLiquidity on hand
$516.0M
$1.7B
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$6.1B
$319.9M
Total Assets
$17.8B
$8.1B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
IT
IT
Q4 25
$516.0M
$1.7B
Q3 25
$475.0M
$1.4B
Q2 25
$107.0M
$2.2B
Q1 25
$67.0M
$2.1B
Q4 24
$625.0M
$1.9B
Q3 24
$64.0M
$1.8B
Q2 24
$160.0M
$1.2B
Q1 24
$102.0M
$1.2B
Total Debt
APA
APA
IT
IT
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.3B
Q1 25
$5.2B
Q4 24
$6.0B
Q3 24
$6.4B
Q2 24
$6.7B
Q1 24
$5.2B
Stockholders' Equity
APA
APA
IT
IT
Q4 25
$6.1B
$319.9M
Q3 25
$6.0B
$556.6M
Q2 25
$5.9B
$1.5B
Q1 25
$5.4B
$1.5B
Q4 24
$5.3B
$1.4B
Q3 24
$5.1B
$1.1B
Q2 24
$5.4B
$646.7M
Q1 24
$2.6B
$718.2M
Total Assets
APA
APA
IT
IT
Q4 25
$17.8B
$8.1B
Q3 25
$17.7B
$7.2B
Q2 25
$18.1B
$8.3B
Q1 25
$18.5B
$8.5B
Q4 24
$19.4B
$8.5B
Q3 24
$19.4B
$7.8B
Q2 24
$20.2B
$7.4B
Q1 24
$15.0B
$7.7B
Debt / Equity
APA
APA
IT
IT
Q4 25
0.70×
Q3 25
0.72×
Q2 25
0.73×
Q1 25
0.96×
Q4 24
1.13×
Q3 24
1.25×
Q2 24
1.24×
Q1 24
1.99×

Cash Flow & Capital Efficiency

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

Metric
APA
APA
IT
IT
Operating Cash FlowLast quarter
$808.0M
$294.5M
Free Cash FlowOCF − Capex
$270.7M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
2.44×
1.22×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
IT
IT
Q4 25
$808.0M
$294.5M
Q3 25
$1.5B
$298.7M
Q2 25
$1.2B
$383.6M
Q1 25
$1.1B
$313.5M
Q4 24
$1.0B
$335.4M
Q3 24
$1.3B
$590.8M
Q2 24
$877.0M
$370.0M
Q1 24
$368.0M
$188.8M
Free Cash Flow
APA
APA
IT
IT
Q4 25
$270.7M
Q3 25
$269.3M
Q2 25
$347.3M
Q1 25
$287.9M
Q4 24
$311.4M
Q3 24
$565.0M
Q2 24
$340.6M
Q1 24
$166.2M
FCF Margin
APA
APA
IT
IT
Q4 25
15.4%
Q3 25
17.7%
Q2 25
20.6%
Q1 25
18.8%
Q4 24
18.2%
Q3 24
38.1%
Q2 24
21.4%
Q1 24
11.3%
Capex Intensity
APA
APA
IT
IT
Q4 25
1.4%
Q3 25
1.9%
Q2 25
2.1%
Q1 25
1.7%
Q4 24
1.4%
Q3 24
1.7%
Q2 24
1.8%
Q1 24
1.5%
Cash Conversion
APA
APA
IT
IT
Q4 25
2.44×
1.22×
Q3 25
7.12×
8.45×
Q2 25
1.96×
1.59×
Q1 25
2.62×
1.49×
Q4 24
2.44×
0.84×
Q3 24
1.42×
Q2 24
1.62×
1.61×
Q1 24
1.74×
0.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APA
APA

Oil And Gas Excluding Purchased$1.7B76%
Oil And Gas Purchased$323.0M15%
Oil Reserves$114.0M5%
Other$72.0M3%
Natural Gas Reserves$30.0M1%

IT
IT

Transferred Over Time$1.3B73%
Conferences$286.2M16%
Consulting$133.6M8%
Other$52.3M3%

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