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Side-by-side financial comparison of BJs RESTAURANTS INC (BJRI) and Cloudflare, Inc. (NET). Click either name above to swap in a different company.
Cloudflare, Inc. is the larger business by last-quarter revenue ($614.5M vs $355.4M, roughly 1.7× BJs RESTAURANTS INC). BJs RESTAURANTS INC runs the higher net margin — 3.6% vs -2.0%, a 5.5% gap on every dollar of revenue. On growth, Cloudflare, Inc. posted the faster year-over-year revenue change (33.6% vs 3.2%). Over the past eight quarters, Cloudflare, Inc.'s revenue compounded faster (27.4% CAGR vs 2.6%).
BJ's Restaurants Inc. operates a chain of casual dining restaurants across the United States. Its menu features signature deep-dish pizzas, craft beers, handcrafted cocktails, and a wide range of American comfort food. The brand primarily serves family groups, friend gatherings, and casual diners seeking affordable, high-quality meals in a relaxed, welcoming in-store environment.
Cloudflare, Inc. is an American technology company headquartered in San Francisco, California, that provides a range of internet services, including content delivery network (CDN) services, cloud cybersecurity, DDoS mitigation, and ICANN-accredited domain registration. The company's services act primarily as a reverse proxy between website visitors and a customer's hosting provider, improving performance and protecting against malicious traffic.
BJRI vs NET — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $355.4M | $614.5M |
| Net Profit | $12.6M | $-12.1M |
| Gross Margin | 74.5% | 73.6% |
| Operating Margin | 3.1% | -8.0% |
| Net Margin | 3.6% | -2.0% |
| Revenue YoY | 3.2% | 33.6% |
| Net Profit YoY | -24.2% | 6.0% |
| EPS (diluted) | $0.58 | $-0.03 |
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.
| Q4 25 | $355.4M | $614.5M | ||
| Q3 25 | $365.6M | $562.0M | ||
| Q2 25 | $348.0M | $512.3M | ||
| Q1 25 | — | $479.1M | ||
| Q4 24 | $325.7M | $459.9M | ||
| Q3 24 | $349.9M | $430.1M | ||
| Q2 24 | $337.3M | $401.0M | ||
| Q1 24 | — | $378.6M |
| Q4 25 | $12.6M | $-12.1M | ||
| Q3 25 | $22.2M | $-1.3M | ||
| Q2 25 | $13.5M | $-50.4M | ||
| Q1 25 | — | $-38.5M | ||
| Q4 24 | $-2.9M | $-12.8M | ||
| Q3 24 | $17.2M | $-15.3M | ||
| Q2 24 | $7.7M | $-15.1M | ||
| Q1 24 | — | $-35.5M |
| Q4 25 | 74.5% | 73.6% | ||
| Q3 25 | 75.2% | 74.0% | ||
| Q2 25 | 75.0% | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | 73.4% | 76.4% | ||
| Q3 24 | 74.3% | 77.7% | ||
| Q2 24 | 74.8% | 77.8% | ||
| Q1 24 | — | 77.5% |
| Q4 25 | 3.1% | -8.0% | ||
| Q3 25 | 5.8% | -6.7% | ||
| Q2 25 | 4.3% | -13.1% | ||
| Q1 25 | — | -11.1% | ||
| Q4 24 | -0.8% | -7.5% | ||
| Q3 24 | 3.8% | -7.2% | ||
| Q2 24 | 2.4% | -8.7% | ||
| Q1 24 | — | -14.4% |
| Q4 25 | 3.6% | -2.0% | ||
| Q3 25 | 6.1% | -0.2% | ||
| Q2 25 | 3.9% | -9.8% | ||
| Q1 25 | — | -8.0% | ||
| Q4 24 | -0.9% | -2.8% | ||
| Q3 24 | 4.9% | -3.6% | ||
| Q2 24 | 2.3% | -3.8% | ||
| Q1 24 | — | -9.4% |
| Q4 25 | $0.58 | $-0.03 | ||
| Q3 25 | $0.97 | $0.00 | ||
| Q2 25 | $0.58 | $-0.15 | ||
| Q1 25 | — | $-0.11 | ||
| Q4 24 | $-0.13 | $-0.05 | ||
| Q3 24 | $0.72 | $-0.04 | ||
| Q2 24 | $0.32 | $-0.04 | ||
| Q1 24 | — | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.8M | $943.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $366.2M | $1.5B |
| Total Assets | $1.0B | $6.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.8M | $943.5M | ||
| Q3 25 | $26.0M | $1.1B | ||
| Q2 25 | $19.0M | $1.5B | ||
| Q1 25 | — | $204.5M | ||
| Q4 24 | $18.4M | $147.7M | ||
| Q3 24 | $16.2M | $182.9M | ||
| Q2 24 | $18.8M | $157.0M | ||
| Q1 24 | — | $254.4M |
| Q4 25 | — | — | ||
| Q3 25 | $60.5M | — | ||
| Q2 25 | $85.5M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $66.5M | — | ||
| Q3 24 | $63.5M | — | ||
| Q2 24 | $58.0M | — | ||
| Q1 24 | — | — |
| Q4 25 | $366.2M | $1.5B | ||
| Q3 25 | $386.6M | $1.3B | ||
| Q2 25 | $371.5M | $1.2B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $376.2M | $1.0B | ||
| Q3 24 | $386.5M | $973.1M | ||
| Q2 24 | $375.4M | $881.5M | ||
| Q1 24 | — | $797.2M |
| Q4 25 | $1.0B | $6.0B | ||
| Q3 25 | $1.0B | $5.8B | ||
| Q2 25 | $1.0B | $5.6B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | $1.0B | $3.3B | ||
| Q3 24 | $1.0B | $3.1B | ||
| Q2 24 | $1.0B | $2.9B | ||
| Q1 24 | — | $2.8B |
| Q4 25 | — | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.15× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $190.4M |
| Free Cash FlowOCF − Capex | — | $105.2M |
| FCF MarginFCF / Revenue | — | 17.1% |
| Capex IntensityCapex / Revenue | — | 13.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $287.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $190.4M | ||
| Q3 25 | $62.3M | $167.1M | ||
| Q2 25 | $4.6M | $99.8M | ||
| Q1 25 | — | $145.8M | ||
| Q4 24 | $27.3M | $127.3M | ||
| Q3 24 | $20.2M | $104.7M | ||
| Q2 24 | $22.3M | $74.8M | ||
| Q1 24 | — | $73.6M |
| Q4 25 | — | $105.2M | ||
| Q3 25 | $41.9M | $82.5M | ||
| Q2 25 | $-12.1M | $39.9M | ||
| Q1 25 | — | $59.9M | ||
| Q4 24 | $7.6M | $54.2M | ||
| Q3 24 | $735.0K | $54.5M | ||
| Q2 24 | $448.0K | $45.2M | ||
| Q1 24 | — | $41.5M |
| Q4 25 | — | 17.1% | ||
| Q3 25 | 11.5% | 14.7% | ||
| Q2 25 | -3.5% | 7.8% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | 2.3% | 11.8% | ||
| Q3 24 | 0.2% | 12.7% | ||
| Q2 24 | 0.1% | 11.3% | ||
| Q1 24 | — | 11.0% |
| Q4 25 | — | 13.9% | ||
| Q3 25 | 5.6% | 15.1% | ||
| Q2 25 | 4.8% | 11.7% | ||
| Q1 25 | — | 17.9% | ||
| Q4 24 | 6.0% | 15.9% | ||
| Q3 24 | 5.6% | 11.7% | ||
| Q2 24 | 6.5% | 7.4% | ||
| Q1 24 | — | 8.5% |
| Q4 25 | — | — | ||
| Q3 25 | 2.80× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 2.89× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BJRI
Segment breakdown not available.
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
