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

ANTERO RESOURCES Corp is the larger business by last-quarter revenue ($1.4B vs $969.8M, roughly 1.5× Trimble Inc.). Trimble Inc. runs the higher net margin — 16.1% vs 14.4%, a 1.8% gap on every dollar of revenue. On growth, ANTERO RESOURCES Corp posted the faster year-over-year revenue change (20.8% vs -73.7%). Over the past eight quarters, ANTERO RESOURCES Corp's revenue compounded faster (12.2% CAGR vs 0.9%).

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.

Trimble Inc. is an American software, hardware, and services technology company that was founded in 1978. Its headquarters is in Westminster, Colorado. It is publicly traded on the Nasdaq and listed on the S&P 500. Trimble develops hardware and software for a variety of business sectors including architecture, engineering, and construction (AEC); surveying, mapping, and geomatics (geospatial); and transportation and logistics (T&L).

AR vs TRMB — Head-to-Head

Bigger by revenue
AR
AR
1.5× larger
AR
$1.4B
$969.8M
TRMB
Growing faster (revenue YoY)
AR
AR
+94.5% gap
AR
20.8%
-73.7%
TRMB
Higher net margin
TRMB
TRMB
1.8% more per $
TRMB
16.1%
14.4%
AR
Faster 2-yr revenue CAGR
AR
AR
Annualised
AR
12.2%
0.9%
TRMB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AR
AR
TRMB
TRMB
Revenue
$1.4B
$969.8M
Net Profit
$202.9M
$156.6M
Gross Margin
72.0%
Operating Margin
20.5%
22.3%
Net Margin
14.4%
16.1%
Revenue YoY
20.8%
-73.7%
Net Profit YoY
27.8%
73.6%
EPS (diluted)
$0.63
$0.65

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
AR
AR
TRMB
TRMB
Q4 25
$1.4B
$901.2M
Q3 25
$1.2B
$875.7M
Q2 25
$1.3B
$840.6M
Q1 25
$1.4B
$983.4M
Q4 24
$1.2B
Q3 24
$1.1B
$875.8M
Q2 24
$978.7M
$870.8M
Q1 24
$1.1B
$953.3M
Net Profit
AR
AR
TRMB
TRMB
Q4 25
$202.9M
$111.5M
Q3 25
$85.6M
$89.2M
Q2 25
$166.6M
$66.7M
Q1 25
$219.5M
$90.2M
Q4 24
$158.8M
Q3 24
$-25.2M
$40.6M
Q2 24
$-74.6M
$1.3B
Q1 24
$34.7M
$57.2M
Gross Margin
AR
AR
TRMB
TRMB
Q4 25
68.9%
Q3 25
68.3%
Q2 25
66.7%
Q1 25
69.3%
Q4 24
Q3 24
65.7%
Q2 24
62.7%
Q1 24
62.3%
Operating Margin
AR
AR
TRMB
TRMB
Q4 25
20.5%
16.7%
Q3 25
9.7%
14.6%
Q2 25
15.8%
11.6%
Q1 25
20.1%
17.6%
Q4 24
4.9%
Q3 24
-2.4%
13.3%
Q2 24
-8.2%
7.1%
Q1 24
4.3%
11.5%
Net Margin
AR
AR
TRMB
TRMB
Q4 25
14.4%
12.4%
Q3 25
7.1%
10.2%
Q2 25
12.8%
7.9%
Q1 25
16.2%
9.2%
Q4 24
13.6%
Q3 24
-2.4%
4.6%
Q2 24
-7.6%
151.2%
Q1 24
3.1%
6.0%
EPS (diluted)
AR
AR
TRMB
TRMB
Q4 25
$0.63
$0.46
Q3 25
$0.24
$0.37
Q2 25
$0.50
$0.27
Q1 25
$0.66
$0.36
Q4 24
$0.48
Q3 24
$-0.11
$0.16
Q2 24
$-0.26
$5.34
Q1 24
$0.07
$0.23

Balance Sheet & Financial Strength

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

Metric
AR
AR
TRMB
TRMB
Cash + ST InvestmentsLiquidity on hand
$253.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$7.6B
$5.8B
Total Assets
$13.2B
$9.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AR
AR
TRMB
TRMB
Q4 25
$232.7M
Q3 25
$265.9M
Q2 25
$290.0M
Q1 25
$738.8M
Q4 24
Q3 24
$1.0B
Q2 24
$944.1M
Q1 24
$255.1M
Total Debt
AR
AR
TRMB
TRMB
Q4 25
$1.4B
Q3 25
Q2 25
Q1 25
$1.4B
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AR
AR
TRMB
TRMB
Q4 25
$7.6B
$5.8B
Q3 25
$7.3B
$5.7B
Q2 25
$7.3B
$5.4B
Q1 25
$7.2B
$5.7B
Q4 24
$7.0B
Q3 24
$7.0B
$5.9B
Q2 24
$7.0B
$5.6B
Q1 24
$7.1B
$4.3B
Total Assets
AR
AR
TRMB
TRMB
Q4 25
$13.2B
$9.0B
Q3 25
$12.9B
$9.1B
Q2 25
$12.8B
$8.9B
Q1 25
$13.0B
$9.5B
Q4 24
$13.0B
Q3 24
$13.2B
$9.9B
Q2 24
$13.4B
$9.6B
Q1 24
$13.5B
$9.3B
Debt / Equity
AR
AR
TRMB
TRMB
Q4 25
0.24×
Q3 25
Q2 25
Q1 25
0.24×
Q4 24
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
AR
AR
TRMB
TRMB
Operating Cash FlowLast quarter
$370.7M
$386.2M
Free Cash FlowOCF − Capex
$360.9M
FCF MarginFCF / Revenue
37.2%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
1.83×
2.47×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AR
AR
TRMB
TRMB
Q4 25
$370.7M
Q3 25
$310.1M
$123.8M
Q2 25
$492.4M
$155.6M
Q1 25
$457.7M
$115.1M
Q4 24
$278.0M
Q3 24
$166.2M
$94.9M
Q2 24
$143.5M
$87.6M
Q1 24
$261.6M
$233.8M
Free Cash Flow
AR
AR
TRMB
TRMB
Q4 25
Q3 25
$116.6M
Q2 25
$149.0M
Q1 25
$109.0M
Q4 24
Q3 24
$88.5M
Q2 24
$73.3M
Q1 24
$227.0M
FCF Margin
AR
AR
TRMB
TRMB
Q4 25
Q3 25
13.3%
Q2 25
17.7%
Q1 25
11.1%
Q4 24
Q3 24
10.1%
Q2 24
8.4%
Q1 24
23.8%
Capex Intensity
AR
AR
TRMB
TRMB
Q4 25
Q3 25
0.8%
Q2 25
0.8%
Q1 25
0.6%
Q4 24
Q3 24
0.7%
Q2 24
1.6%
Q1 24
0.7%
Cash Conversion
AR
AR
TRMB
TRMB
Q4 25
1.83×
Q3 25
3.62×
1.39×
Q2 25
2.96×
2.33×
Q1 25
2.09×
1.28×
Q4 24
1.75×
Q3 24
2.34×
Q2 24
0.07×
Q1 24
7.55×
4.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AR
AR

Natural Gas Production$773.6M55%
Natural Gas Liquids Sales C3Ngls$378.1M27%
Other$97.3M7%
Natural Gas Liquids Sales Ethane$96.1M7%
Oil And Condensate$34.8M2%
Marketings$31.7M2%

TRMB
TRMB

Subscription and services$701.5M72%
Product$268.3M28%

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