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Side-by-side financial comparison of APi Group Corp (APG) and ANTERO RESOURCES Corp (AR). Click either name above to swap in a different company.

APi Group Corp is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.6× ANTERO RESOURCES Corp). On growth, APi Group Corp posted the faster year-over-year revenue change (10.6% vs -30.5%). APi Group Corp produced more free cash flow last quarter ($356.0M vs $235.6M). Over the past eight quarters, ANTERO RESOURCES Corp's revenue compounded faster (17.6% CAGR vs 10.6%).

X.AI Corp., doing business as xAI, is an American company working in the area of artificial intelligence (AI), social media and technology that is a wholly owned subsidiary of American aerospace company SpaceX. Founded by Elon Musk in 2023, the company's flagship products are the generative AI chatbot named Grok and the social media platform X, the latter of which they acquired in March 2025.

Antero Resources Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado. The company's reserves are entirely in the Appalachian Basin and are extracted using hydraulic fracturing.

APG vs AR — Head-to-Head

Bigger by revenue
APG
APG
1.6× larger
APG
$2.1B
$1.4B
AR
Growing faster (revenue YoY)
APG
APG
+41.0% gap
APG
10.6%
-30.5%
AR
More free cash flow
APG
APG
$120.4M more FCF
APG
$356.0M
$235.6M
AR
Faster 2-yr revenue CAGR
AR
AR
Annualised
AR
17.6%
10.6%
APG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
APG
APG
AR
AR
Revenue
$2.1B
$1.4B
Net Profit
$97.0M
Gross Margin
32.0%
Operating Margin
7.7%
20.1%
Net Margin
4.6%
Revenue YoY
10.6%
-30.5%
Net Profit YoY
EPS (diluted)
$-1.19
$0.66

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
APG
APG
AR
AR
Q1 26
$2.1B
$1.4B
Q4 25
$2.1B
$1.4B
Q3 25
$2.1B
$1.2B
Q2 25
$2.0B
$1.3B
Q1 25
$1.7B
$1.4B
Q4 24
$1.9B
$1.2B
Q3 24
$1.8B
$1.1B
Q2 24
$1.7B
$978.7M
Net Profit
APG
APG
AR
AR
Q1 26
$97.0M
Q4 25
$97.0M
$202.9M
Q3 25
$93.0M
$85.6M
Q2 25
$77.0M
$166.6M
Q1 25
$35.0M
$219.5M
Q4 24
$67.0M
$158.8M
Q3 24
$69.0M
$-25.2M
Q2 24
$69.0M
$-74.6M
Gross Margin
APG
APG
AR
AR
Q1 26
32.0%
Q4 25
32.0%
Q3 25
31.3%
Q2 25
30.9%
Q1 25
31.5%
Q4 24
30.9%
Q3 24
31.1%
Q2 24
31.4%
Operating Margin
APG
APG
AR
AR
Q1 26
7.7%
20.1%
Q4 25
7.7%
20.5%
Q3 25
7.8%
9.7%
Q2 25
7.2%
15.8%
Q1 25
4.9%
20.1%
Q4 24
6.2%
4.9%
Q3 24
7.8%
-2.4%
Q2 24
7.3%
-8.2%
Net Margin
APG
APG
AR
AR
Q1 26
4.6%
Q4 25
4.6%
14.4%
Q3 25
4.5%
7.1%
Q2 25
3.9%
12.8%
Q1 25
2.0%
16.2%
Q4 24
3.6%
13.6%
Q3 24
3.8%
-2.4%
Q2 24
4.0%
-7.6%
EPS (diluted)
APG
APG
AR
AR
Q1 26
$-1.19
$0.66
Q4 25
$-1.16
$0.63
Q3 25
$0.20
$0.24
Q2 25
$0.16
$0.50
Q1 25
$0.11
$0.66
Q4 24
$0.05
$0.48
Q3 24
$0.23
$-0.11
Q2 24
$0.22
$-0.26

Balance Sheet & Financial Strength

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

Metric
APG
APG
AR
AR
Cash + ST InvestmentsLiquidity on hand
$912.0M
Total DebtLower is stronger
$2.8B
$1.4B
Stockholders' EquityBook value
$3.4B
$7.6B
Total Assets
$8.9B
$13.2B
Debt / EquityLower = less leverage
0.81×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APG
APG
AR
AR
Q1 26
$912.0M
Q4 25
$912.0M
Q3 25
$555.0M
Q2 25
$432.0M
Q1 25
$460.0M
Q4 24
$499.0M
Q3 24
$487.0M
Q2 24
$324.0M
Total Debt
APG
APG
AR
AR
Q1 26
$2.8B
$1.4B
Q4 25
$2.8B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
APG
APG
AR
AR
Q1 26
$3.4B
$7.6B
Q4 25
$3.4B
$7.6B
Q3 25
$3.3B
$7.3B
Q2 25
$3.2B
$7.3B
Q1 25
$3.0B
$7.2B
Q4 24
$3.0B
$7.0B
Q3 24
$3.0B
$7.0B
Q2 24
$2.8B
$7.0B
Total Assets
APG
APG
AR
AR
Q1 26
$8.9B
$13.2B
Q4 25
$8.9B
$13.2B
Q3 25
$8.7B
$12.9B
Q2 25
$8.5B
$12.8B
Q1 25
$8.1B
$13.0B
Q4 24
$8.2B
$13.0B
Q3 24
$8.2B
$13.2B
Q2 24
$8.0B
$13.4B
Debt / Equity
APG
APG
AR
AR
Q1 26
0.81×
0.19×
Q4 25
0.81×
Q3 25
0.84×
Q2 25
0.87×
Q1 25
0.92×
Q4 24
0.93×
Q3 24
0.96×
Q2 24
1.00×

Cash Flow & Capital Efficiency

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

Metric
APG
APG
AR
AR
Operating Cash FlowLast quarter
$759.0M
$457.7M
Free Cash FlowOCF − Capex
$356.0M
$235.6M
FCF MarginFCF / Revenue
16.8%
17.4%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
7.82×
TTM Free Cash FlowTrailing 4 quarters
$969.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APG
APG
AR
AR
Q1 26
$759.0M
$457.7M
Q4 25
$382.0M
$370.7M
Q3 25
$232.0M
$310.1M
Q2 25
$83.0M
$492.4M
Q1 25
$62.0M
$457.7M
Q4 24
$283.0M
$278.0M
Q3 24
$220.0M
$166.2M
Q2 24
$110.0M
$143.5M
Free Cash Flow
APG
APG
AR
AR
Q1 26
$356.0M
$235.6M
Q4 25
$356.0M
Q3 25
$201.0M
Q2 25
$56.0M
Q1 25
$50.0M
Q4 24
$265.0M
Q3 24
$198.0M
Q2 24
$88.0M
FCF Margin
APG
APG
AR
AR
Q1 26
16.8%
17.4%
Q4 25
16.8%
Q3 25
9.6%
Q2 25
2.8%
Q1 25
2.9%
Q4 24
14.2%
Q3 24
10.8%
Q2 24
5.1%
Capex Intensity
APG
APG
AR
AR
Q1 26
Q4 25
1.2%
Q3 25
1.5%
Q2 25
1.4%
Q1 25
0.7%
Q4 24
1.0%
Q3 24
1.2%
Q2 24
1.3%
Cash Conversion
APG
APG
AR
AR
Q1 26
7.82×
Q4 25
3.94×
1.83×
Q3 25
2.49×
3.62×
Q2 25
1.08×
2.96×
Q1 25
1.77×
2.09×
Q4 24
4.22×
1.75×
Q3 24
3.19×
Q2 24
1.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APG
APG

Segment breakdown not available.

AR
AR

Natural gas sales$780.0M58%
Natural gas liquids sales$561.4M42%
Oil sales$50.3M4%
Other revenue and income$818.0K0%

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