vs
Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) and Cloudflare, Inc. (NET). Click either name above to swap in a different company.
CIVITAS RESOURCES, INC. is the larger business by last-quarter revenue ($1.2B vs $614.5M, roughly 1.9× Cloudflare, Inc.). On growth, Cloudflare, Inc. posted the faster year-over-year revenue change (33.6% vs -8.2%). Over the past eight quarters, Cloudflare, Inc.'s revenue compounded faster (27.4% CAGR vs 1.8%).
Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.
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.
CIVI vs NET — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $614.5M |
| Net Profit | — | $-12.1M |
| Gross Margin | — | 73.6% |
| Operating Margin | 20.0% | -8.0% |
| Net Margin | — | -2.0% |
| Revenue YoY | -8.2% | 33.6% |
| Net Profit YoY | — | 6.0% |
| EPS (diluted) | $1.99 | $-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 | — | $614.5M | ||
| Q3 25 | $1.2B | $562.0M | ||
| Q2 25 | $1.1B | $512.3M | ||
| Q1 25 | $1.2B | $479.1M | ||
| Q4 24 | $1.3B | $459.9M | ||
| Q3 24 | $1.3B | $430.1M | ||
| Q2 24 | $1.3B | $401.0M | ||
| Q1 24 | $1.3B | $378.6M |
| Q4 25 | — | $-12.1M | ||
| Q3 25 | — | $-1.3M | ||
| Q2 25 | — | $-50.4M | ||
| Q1 25 | — | $-38.5M | ||
| Q4 24 | — | $-12.8M | ||
| Q3 24 | — | $-15.3M | ||
| Q2 24 | — | $-15.1M | ||
| Q1 24 | — | $-35.5M |
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.5% |
| Q4 25 | — | -8.0% | ||
| Q3 25 | 20.0% | -6.7% | ||
| Q2 25 | 15.3% | -13.1% | ||
| Q1 25 | 20.7% | -11.1% | ||
| Q4 24 | 15.4% | -7.5% | ||
| Q3 24 | 30.6% | -7.2% | ||
| Q2 24 | 21.6% | -8.7% | ||
| Q1 24 | 15.9% | -14.4% |
| Q4 25 | — | -2.0% | ||
| Q3 25 | — | -0.2% | ||
| Q2 25 | — | -9.8% | ||
| Q1 25 | — | -8.0% | ||
| Q4 24 | — | -2.8% | ||
| Q3 24 | — | -3.6% | ||
| Q2 24 | — | -3.8% | ||
| Q1 24 | — | -9.4% |
| Q4 25 | — | $-0.03 | ||
| Q3 25 | $1.99 | $0.00 | ||
| Q2 25 | $1.34 | $-0.15 | ||
| Q1 25 | $1.99 | $-0.11 | ||
| Q4 24 | $1.56 | $-0.05 | ||
| Q3 24 | $3.01 | $-0.04 | ||
| Q2 24 | $2.15 | $-0.04 | ||
| Q1 24 | $1.74 | $-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 | $56.0M | $943.5M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $6.7B | $1.5B |
| Total Assets | $15.1B | $6.0B |
| Debt / EquityLower = less leverage | 0.77× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $943.5M | ||
| Q3 25 | $56.0M | $1.1B | ||
| Q2 25 | $69.0M | $1.5B | ||
| Q1 25 | $20.0M | $204.5M | ||
| Q4 24 | $76.0M | $147.7M | ||
| Q3 24 | $47.1M | $182.9M | ||
| Q2 24 | $91.9M | $157.0M | ||
| Q1 24 | $52.1M | $254.4M |
| Q4 25 | — | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.4B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.8B | — | ||
| Q2 24 | $4.9B | — | ||
| Q1 24 | $4.4B | — |
| Q4 25 | — | $1.5B | ||
| Q3 25 | $6.7B | $1.3B | ||
| Q2 25 | $6.8B | $1.2B | ||
| Q1 25 | $6.7B | $1.4B | ||
| Q4 24 | $6.6B | $1.0B | ||
| Q3 24 | $6.7B | $973.1M | ||
| Q2 24 | $6.6B | $881.5M | ||
| Q1 24 | $6.6B | $797.2M |
| Q4 25 | — | $6.0B | ||
| Q3 25 | $15.1B | $5.8B | ||
| Q2 25 | $15.4B | $5.6B | ||
| Q1 25 | $15.3B | $3.7B | ||
| Q4 24 | $14.9B | $3.3B | ||
| Q3 24 | $15.0B | $3.1B | ||
| Q2 24 | $15.0B | $2.9B | ||
| Q1 24 | $15.1B | $2.8B |
| Q4 25 | — | — | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.76× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.73× | — | ||
| Q2 24 | 0.74× | — | ||
| Q1 24 | 0.67× | — |
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 | $860.0M | $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 | $860.0M | $167.1M | ||
| Q2 25 | $298.0M | $99.8M | ||
| Q1 25 | $719.0M | $145.8M | ||
| Q4 24 | $858.2M | $127.3M | ||
| Q3 24 | $835.0M | $104.7M | ||
| Q2 24 | $359.0M | $74.8M | ||
| Q1 24 | $813.0M | $73.6M |
| Q4 25 | — | $105.2M | ||
| Q3 25 | — | $82.5M | ||
| Q2 25 | — | $39.9M | ||
| Q1 25 | — | $59.9M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | — | $54.5M | ||
| Q2 24 | — | $45.2M | ||
| Q1 24 | — | $41.5M |
| Q4 25 | — | 17.1% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 11.3% | ||
| Q1 24 | — | 11.0% |
| Q4 25 | — | 13.9% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 11.7% | ||
| Q1 25 | — | 17.9% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 11.7% | ||
| Q2 24 | — | 7.4% | ||
| Q1 24 | — | 8.5% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CIVI
| Crude Oil Natural Gas And Natural Gas Liquids | $1.2B | 99% |
| Oil And Gas Operation And Maintenance | $8.0M | 1% |
| Natural Gas Reserves | $2.0M | 0% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
