vs

Side-by-side financial comparison of Clearwater Paper Corp (CLW) and Reddit, Inc. (RDDT). Click either name above to swap in a different company.

Reddit, Inc. is the larger business by last-quarter revenue ($663.0M vs $360.3M, roughly 1.8× Clearwater Paper Corp). Reddit, Inc. runs the higher net margin — 30.8% vs -3.6%, a 34.3% gap on every dollar of revenue. On growth, Reddit, Inc. posted the faster year-over-year revenue change (69.0% vs -4.7%). Over the past eight quarters, Reddit, Inc.'s revenue compounded faster (53.6% CAGR vs 2.3%).

Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.

Reddit is an American proprietary social news aggregation and forum social media platform. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communi...

CLW vs RDDT — Head-to-Head

Bigger by revenue
RDDT
RDDT
1.8× larger
RDDT
$663.0M
$360.3M
CLW
Growing faster (revenue YoY)
RDDT
RDDT
+73.7% gap
RDDT
69.0%
-4.7%
CLW
Higher net margin
RDDT
RDDT
34.3% more per $
RDDT
30.8%
-3.6%
CLW
Faster 2-yr revenue CAGR
RDDT
RDDT
Annualised
RDDT
53.6%
2.3%
CLW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CLW
CLW
RDDT
RDDT
Revenue
$360.3M
$663.0M
Net Profit
$-12.8M
$204.0M
Gross Margin
-0.2%
100.0%
Operating Margin
0.0%
Net Margin
-3.6%
30.8%
Revenue YoY
-4.7%
69.0%
Net Profit YoY
-103.2%
680.0%
EPS (diluted)
$1.01

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
CLW
CLW
RDDT
RDDT
Q1 26
$360.3M
$663.0M
Q4 25
$386.4M
$725.6M
Q3 25
$399.0M
$584.9M
Q2 25
$391.8M
$499.6M
Q1 25
$378.2M
$392.4M
Q4 24
$387.1M
$427.7M
Q3 24
$393.3M
$348.4M
Q2 24
$344.4M
$281.2M
Net Profit
CLW
CLW
RDDT
RDDT
Q1 26
$-12.8M
$204.0M
Q4 25
$38.3M
$251.6M
Q3 25
$-53.3M
$162.7M
Q2 25
$2.7M
$89.3M
Q1 25
$-6.3M
$26.2M
Q4 24
$199.1M
$71.0M
Q3 24
$5.8M
$29.9M
Q2 24
$-25.8M
$-10.1M
Gross Margin
CLW
CLW
RDDT
RDDT
Q1 26
-0.2%
100.0%
Q4 25
4.5%
91.9%
Q3 25
4.7%
91.0%
Q2 25
11.0%
90.8%
Q1 25
9.7%
90.5%
Q4 24
3.8%
92.6%
Q3 24
7.7%
90.1%
Q2 24
-0.6%
89.5%
Operating Margin
CLW
CLW
RDDT
RDDT
Q1 26
0.0%
Q4 25
1.9%
31.9%
Q3 25
-13.9%
23.7%
Q2 25
2.5%
13.6%
Q1 25
-1.1%
1.0%
Q4 24
-4.0%
12.4%
Q3 24
-0.3%
2.0%
Q2 24
-13.6%
-11.0%
Net Margin
CLW
CLW
RDDT
RDDT
Q1 26
-3.6%
30.8%
Q4 25
9.9%
34.7%
Q3 25
-13.4%
27.8%
Q2 25
0.7%
17.9%
Q1 25
-1.7%
6.7%
Q4 24
51.4%
16.6%
Q3 24
1.5%
8.6%
Q2 24
-7.5%
-3.6%
EPS (diluted)
CLW
CLW
RDDT
RDDT
Q1 26
$1.01
Q4 25
$2.36
$1.24
Q3 25
$-3.30
$0.80
Q2 25
$0.17
$0.45
Q1 25
$-0.38
$0.13
Q4 24
$11.87
$4.76
Q3 24
$0.35
$0.16
Q2 24
$-1.55
$-0.06

Balance Sheet & Financial Strength

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

Metric
CLW
CLW
RDDT
RDDT
Cash + ST InvestmentsLiquidity on hand
$36.5M
$1.4B
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$813.8M
$3.2B
Total Assets
$1.6B
$3.5B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLW
CLW
RDDT
RDDT
Q1 26
$36.5M
$1.4B
Q4 25
$30.7M
$953.6M
Q3 25
$34.4M
$911.7M
Q2 25
$46.7M
$734.1M
Q1 25
$44.0M
$635.7M
Q4 24
$79.6M
$562.1M
Q3 24
$35.5M
$515.9M
Q2 24
$39.6M
$468.0M
Total Debt
CLW
CLW
RDDT
RDDT
Q1 26
$361.1M
Q4 25
$346.8M
Q3 25
$337.0M
Q2 25
$330.1M
Q1 25
Q4 24
$283.4M
Q3 24
$1.2B
Q2 24
$1.1B
Stockholders' Equity
CLW
CLW
RDDT
RDDT
Q1 26
$813.8M
$3.2B
Q4 25
$825.3M
$2.9B
Q3 25
$783.0M
$2.6B
Q2 25
$836.8M
$2.4B
Q1 25
$836.6M
$2.2B
Q4 24
$854.6M
$2.1B
Q3 24
$664.6M
$2.0B
Q2 24
$658.6M
$1.9B
Total Assets
CLW
CLW
RDDT
RDDT
Q1 26
$1.6B
$3.5B
Q4 25
$1.6B
$3.2B
Q3 25
$1.6B
$2.9B
Q2 25
$1.6B
$2.6B
Q1 25
$1.6B
$2.4B
Q4 24
$1.7B
$2.3B
Q3 24
$2.5B
$2.2B
Q2 24
$2.5B
$2.1B
Debt / Equity
CLW
CLW
RDDT
RDDT
Q1 26
0.44×
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.39×
Q1 25
Q4 24
0.33×
Q3 24
1.73×
Q2 24
1.74×

Cash Flow & Capital Efficiency

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

Metric
CLW
CLW
RDDT
RDDT
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$311.0M
FCF MarginFCF / Revenue
46.9%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$868.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLW
CLW
RDDT
RDDT
Q1 26
Q4 25
$5.0M
$266.8M
Q3 25
$34.0M
$185.2M
Q2 25
$-28.2M
$111.3M
Q1 25
$1.5M
$127.6M
Q4 24
$-35.1M
$90.0M
Q3 24
$16.2M
$71.6M
Q2 24
$21.1M
$28.4M
Free Cash Flow
CLW
CLW
RDDT
RDDT
Q1 26
$311.0M
Q4 25
$-9.9M
$263.6M
Q3 25
$15.7M
$183.1M
Q2 25
$-51.1M
$110.8M
Q1 25
$-31.2M
$126.6M
Q4 24
$-68.1M
$89.2M
Q3 24
$-30.8M
$70.3M
Q2 24
$3.0M
$27.2M
FCF Margin
CLW
CLW
RDDT
RDDT
Q1 26
46.9%
Q4 25
-2.6%
36.3%
Q3 25
3.9%
31.3%
Q2 25
-13.0%
22.2%
Q1 25
-8.2%
32.3%
Q4 24
-17.6%
20.8%
Q3 24
-7.8%
20.2%
Q2 24
0.9%
9.7%
Capex Intensity
CLW
CLW
RDDT
RDDT
Q1 26
Q4 25
3.9%
0.4%
Q3 25
4.6%
0.4%
Q2 25
5.8%
0.1%
Q1 25
8.6%
0.2%
Q4 24
8.5%
0.2%
Q3 24
12.0%
0.4%
Q2 24
5.3%
0.4%
Cash Conversion
CLW
CLW
RDDT
RDDT
Q1 26
Q4 25
0.13×
1.06×
Q3 25
1.14×
Q2 25
-10.44×
1.25×
Q1 25
4.88×
Q4 24
-0.18×
1.27×
Q3 24
2.79×
2.40×
Q2 24

Financial Flow Comparison

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

Related Comparisons