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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and FLOTEK INDUSTRIES INC (FTK). Click either name above to swap in a different company.

FLOTEK INDUSTRIES INC is the larger business by last-quarter revenue ($67.5M vs $40.3M, roughly 1.7× Cambium Networks Corp). FLOTEK INDUSTRIES INC runs the higher net margin — 4.5% vs -17.9%, a 22.4% gap on every dollar of revenue. On growth, FLOTEK INDUSTRIES INC posted the faster year-over-year revenue change (33.0% vs -23.2%). Over the past eight quarters, FLOTEK INDUSTRIES INC's revenue compounded faster (29.3% CAGR vs -27.2%).

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.

Flotek Industries Inc. is a technology-driven diversified company that develops and supplies specialty chemicals, performance materials and related equipment solutions for global energy, mining and industrial manufacturing sectors, delivering innovative sustainable products to boost client operational efficiency.

CMBM vs FTK — Head-to-Head

Bigger by revenue
FTK
FTK
1.7× larger
FTK
$67.5M
$40.3M
CMBM
Growing faster (revenue YoY)
FTK
FTK
+56.2% gap
FTK
33.0%
-23.2%
CMBM
Higher net margin
FTK
FTK
22.4% more per $
FTK
4.5%
-17.9%
CMBM
Faster 2-yr revenue CAGR
FTK
FTK
Annualised
FTK
29.3%
-27.2%
CMBM

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBM
CMBM
FTK
FTK
Revenue
$40.3M
$67.5M
Net Profit
$-7.2M
$3.0M
Gross Margin
36.6%
22.5%
Operating Margin
-28.4%
8.9%
Net Margin
-17.9%
4.5%
Revenue YoY
-23.2%
33.0%
Net Profit YoY
71.0%
-31.7%
EPS (diluted)
$-0.26
$0.09

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
CMBM
CMBM
FTK
FTK
Q4 25
$67.5M
Q3 25
$56.0M
Q2 25
$58.4M
Q1 25
$55.4M
Q4 24
$40.3M
$50.8M
Q3 24
$44.7M
$49.7M
Q2 24
$45.2M
$46.2M
Q1 24
$47.1M
$40.4M
Net Profit
CMBM
CMBM
FTK
FTK
Q4 25
$3.0M
Q3 25
$20.4M
Q2 25
$1.8M
Q1 25
$5.4M
Q4 24
$-7.2M
$4.4M
Q3 24
$-34.5M
$2.5M
Q2 24
$-14.2M
$2.0M
Q1 24
$-18.4M
$1.6M
Gross Margin
CMBM
CMBM
FTK
FTK
Q4 25
22.5%
Q3 25
31.7%
Q2 25
24.7%
Q1 25
22.5%
Q4 24
36.6%
24.2%
Q3 24
43.6%
18.3%
Q2 24
32.5%
19.9%
Q1 24
29.8%
21.8%
Operating Margin
CMBM
CMBM
FTK
FTK
Q4 25
8.9%
Q3 25
16.2%
Q2 25
4.4%
Q1 25
10.1%
Q4 24
-28.4%
10.1%
Q3 24
-69.6%
5.5%
Q2 24
-27.2%
4.8%
Q1 24
-33.1%
5.2%
Net Margin
CMBM
CMBM
FTK
FTK
Q4 25
4.5%
Q3 25
36.3%
Q2 25
3.0%
Q1 25
9.7%
Q4 24
-17.9%
8.7%
Q3 24
-77.3%
5.1%
Q2 24
-31.5%
4.3%
Q1 24
-39.2%
3.9%
EPS (diluted)
CMBM
CMBM
FTK
FTK
Q4 25
$0.09
Q3 25
$0.53
Q2 25
$0.05
Q1 25
$0.17
Q4 24
$-0.26
$0.15
Q3 24
$-1.22
$0.08
Q2 24
$-0.51
$0.06
Q1 24
$-0.66
$0.05

Balance Sheet & Financial Strength

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

Metric
CMBM
CMBM
FTK
FTK
Cash + ST InvestmentsLiquidity on hand
$5.7M
Total DebtLower is stronger
$67.6M
$40.0M
Stockholders' EquityBook value
$-3.2M
$113.1M
Total Assets
$173.7M
$220.0M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBM
CMBM
FTK
FTK
Q4 25
$5.7M
Q3 25
$4.6M
Q2 25
$5.0M
Q1 25
$6.3M
Q4 24
$4.4M
Q3 24
$5.0M
Q2 24
$4.8M
Q1 24
$5.2M
Total Debt
CMBM
CMBM
FTK
FTK
Q4 25
$40.0M
Q3 25
$40.0M
Q2 25
$40.0M
Q1 25
Q4 24
$67.6M
Q3 24
$67.6M
Q2 24
$68.9M
Q1 24
$63.8M
$194.0K
Stockholders' Equity
CMBM
CMBM
FTK
FTK
Q4 25
$113.1M
Q3 25
$110.5M
Q2 25
$71.8M
Q1 25
$119.7M
Q4 24
$-3.2M
$113.9M
Q3 24
$1.9M
$109.0M
Q2 24
$34.1M
$106.2M
Q1 24
$45.0M
$103.9M
Total Assets
CMBM
CMBM
FTK
FTK
Q4 25
$220.0M
Q3 25
$212.7M
Q2 25
$172.2M
Q1 25
$170.2M
Q4 24
$173.7M
$170.8M
Q3 24
$194.3M
$160.6M
Q2 24
$221.1M
$156.0M
Q1 24
$219.8M
$155.8M
Debt / Equity
CMBM
CMBM
FTK
FTK
Q4 25
0.35×
Q3 25
0.36×
Q2 25
0.56×
Q1 25
Q4 24
Q3 24
36.12×
Q2 24
2.02×
Q1 24
1.42×
0.00×

Cash Flow & Capital Efficiency

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

Metric
CMBM
CMBM
FTK
FTK
Operating Cash FlowLast quarter
$-10.4M
$6.2M
Free Cash FlowOCF − Capex
$-10.8M
FCF MarginFCF / Revenue
-26.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.07×
TTM Free Cash FlowTrailing 4 quarters
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBM
CMBM
FTK
FTK
Q4 25
$6.2M
Q3 25
$-1.9M
Q2 25
$-4.5M
Q1 25
$7.3M
Q4 24
$-10.4M
$-2.6M
Q3 24
$8.9M
$5.1M
Q2 24
$2.4M
$-3.1M
Q1 24
$-15.9M
$3.9M
Free Cash Flow
CMBM
CMBM
FTK
FTK
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
CMBM
CMBM
FTK
FTK
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
CMBM
CMBM
FTK
FTK
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
CMBM
CMBM
FTK
FTK
Q4 25
2.07×
Q3 25
-0.09×
Q2 25
-2.54×
Q1 25
1.36×
Q4 24
-0.58×
Q3 24
2.01×
Q2 24
-1.55×
Q1 24
2.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBM
CMBM

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

FTK
FTK

Related Party$49.6M74%
Nonrelated Party$17.9M26%

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