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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and Cambium Networks Corp (CMBM). Click either name above to swap in a different company.

Cambium Networks Corp is the larger business by last-quarter revenue ($40.3M vs $31.6M, roughly 1.3× BATTALION OIL CORP). BATTALION OIL CORP runs the higher net margin — 5.7% vs -17.9%, a 23.6% gap on every dollar of revenue. On growth, Cambium Networks Corp posted the faster year-over-year revenue change (-23.2% vs -36.1%). Over the past eight quarters, BATTALION OIL CORP's revenue compounded faster (-20.1% CAGR vs -27.2%).

Battalion Oil Corp is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It primarily operates assets in the Eagle Ford Shale region of South Texas, serving commercial and industrial clients across North American energy markets.

Cambium Networks Corporation is an American manufacturer of wireless telecommunications equipment, including Enterprise WiFi, Network switch, Internet of Things, and fixed wireless broadband and Wi-Fi for enterprises products for Internet access. Publicly traded on the NASDAQ stock exchange, it spun out of Motorola in October 2011.

BATL vs CMBM — Head-to-Head

Bigger by revenue
CMBM
CMBM
1.3× larger
CMBM
$40.3M
$31.6M
BATL
Growing faster (revenue YoY)
CMBM
CMBM
+13.0% gap
CMBM
-23.2%
-36.1%
BATL
Higher net margin
BATL
BATL
23.6% more per $
BATL
5.7%
-17.9%
CMBM
Faster 2-yr revenue CAGR
BATL
BATL
Annualised
BATL
-20.1%
-27.2%
CMBM

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
BATL
BATL
CMBM
CMBM
Revenue
$31.6M
$40.3M
Net Profit
$1.8M
$-7.2M
Gross Margin
36.6%
Operating Margin
-33.8%
-28.4%
Net Margin
5.7%
-17.9%
Revenue YoY
-36.1%
-23.2%
Net Profit YoY
108.1%
71.0%
EPS (diluted)
$-0.77
$-0.26

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
BATL
BATL
CMBM
CMBM
Q4 25
$31.6M
Q3 25
$43.4M
Q2 25
$42.6M
Q1 25
$47.4M
Q4 24
$49.5M
$40.3M
Q3 24
$45.1M
$44.7M
Q2 24
$49.1M
$45.2M
Q1 24
$49.5M
$47.1M
Net Profit
BATL
BATL
CMBM
CMBM
Q4 25
$1.8M
Q3 25
$-735.0K
Q2 25
$4.8M
Q1 25
$6.0M
Q4 24
$-22.2M
$-7.2M
Q3 24
$21.6M
$-34.5M
Q2 24
$-105.0K
$-14.2M
Q1 24
$-31.2M
$-18.4M
Gross Margin
BATL
BATL
CMBM
CMBM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
36.6%
Q3 24
43.6%
Q2 24
32.5%
Q1 24
29.8%
Operating Margin
BATL
BATL
CMBM
CMBM
Q4 25
-33.8%
Q3 25
1.9%
Q2 25
-0.4%
Q1 25
7.2%
Q4 24
-36.2%
-28.4%
Q3 24
2.3%
-69.6%
Q2 24
10.4%
-27.2%
Q1 24
0.0%
-33.1%
Net Margin
BATL
BATL
CMBM
CMBM
Q4 25
5.7%
Q3 25
-1.7%
Q2 25
11.3%
Q1 25
12.7%
Q4 24
-44.9%
-17.9%
Q3 24
48.0%
-77.3%
Q2 24
-0.2%
-31.5%
Q1 24
-63.0%
-39.2%
EPS (diluted)
BATL
BATL
CMBM
CMBM
Q4 25
$-0.77
Q3 25
$-0.91
Q2 25
$-0.21
Q1 25
$-0.35
Q4 24
$-1.47
$-0.26
Q3 24
$0.34
$-1.22
Q2 24
$-0.53
$-0.51
Q1 24
$-2.24
$-0.66

Balance Sheet & Financial Strength

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

Metric
BATL
BATL
CMBM
CMBM
Cash + ST InvestmentsLiquidity on hand
$28.0M
Total DebtLower is stronger
$208.1M
$67.6M
Stockholders' EquityBook value
$-32.8M
$-3.2M
Total Assets
$460.7M
$173.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
CMBM
CMBM
Q4 25
$28.0M
Q3 25
$50.5M
Q2 25
$44.6M
Q1 25
$73.6M
Q4 24
$19.7M
Q3 24
$29.8M
Q2 24
$54.4M
Q1 24
$48.9M
Total Debt
BATL
BATL
CMBM
CMBM
Q4 25
$208.1M
Q3 25
$213.8M
Q2 25
$219.4M
Q1 25
$225.1M
Q4 24
$162.1M
$67.6M
Q3 24
$147.8M
$67.6M
Q2 24
$160.4M
$68.9M
Q1 24
$190.2M
$63.8M
Stockholders' Equity
BATL
BATL
CMBM
CMBM
Q4 25
$-32.8M
Q3 25
$-20.3M
Q2 25
$-5.2M
Q1 25
$-1.8M
Q4 24
$4.1M
$-3.2M
Q3 24
$35.0M
$1.9M
Q2 24
$22.7M
$34.1M
Q1 24
$31.3M
$45.0M
Total Assets
BATL
BATL
CMBM
CMBM
Q4 25
$460.7M
Q3 25
$491.7M
Q2 25
$498.8M
Q1 25
$506.2M
Q4 24
$431.0M
$173.7M
Q3 24
$458.0M
$194.3M
Q2 24
$487.3M
$221.1M
Q1 24
$488.6M
$219.8M
Debt / Equity
BATL
BATL
CMBM
CMBM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.35×
Q3 24
4.23×
36.12×
Q2 24
7.07×
2.02×
Q1 24
6.07×
1.42×

Cash Flow & Capital Efficiency

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

Metric
BATL
BATL
CMBM
CMBM
Operating Cash FlowLast quarter
$-11.8M
$-10.4M
Free Cash FlowOCF − Capex
$-10.8M
FCF MarginFCF / Revenue
-26.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
-6.58×
TTM Free Cash FlowTrailing 4 quarters
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
CMBM
CMBM
Q4 25
$-11.8M
Q3 25
$28.0M
Q2 25
$10.2M
Q1 25
$12.7M
Q4 24
$6.7M
$-10.4M
Q3 24
$-5.1M
$8.9M
Q2 24
$29.8M
$2.4M
Q1 24
$3.9M
$-15.9M
Free Cash Flow
BATL
BATL
CMBM
CMBM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-10.8M
Q3 24
$6.8M
Q2 24
$87.0K
Q1 24
$-17.4M
FCF Margin
BATL
BATL
CMBM
CMBM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-26.8%
Q3 24
15.2%
Q2 24
0.2%
Q1 24
-37.0%
Capex Intensity
BATL
BATL
CMBM
CMBM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.1%
Q3 24
4.8%
Q2 24
5.1%
Q1 24
3.3%
Cash Conversion
BATL
BATL
CMBM
CMBM
Q4 25
-6.58×
Q3 25
Q2 25
2.13×
Q1 25
2.11×
Q4 24
Q3 24
-0.23×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BATL
BATL

Oil$28.6M91%
Natural Gas Liquids Reserves$3.9M12%

CMBM
CMBM

Enterprise$16.6M41%
Point To Multi Point$16.4M41%
Other$5.8M14%

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