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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and Ladder Capital Corp (LADR). Click either name above to swap in a different company.
Cambium Networks Corp is the larger business by last-quarter revenue ($40.3M vs $22.3M, roughly 1.8× Ladder Capital Corp). Ladder Capital Corp runs the higher net margin — 71.0% vs -17.9%, a 89.0% gap on every dollar of revenue. On growth, Ladder Capital Corp posted the faster year-over-year revenue change (-18.0% vs -23.2%). Ladder Capital Corp produced more free cash flow last quarter ($78.7M vs $-10.8M). Over the past eight quarters, Ladder Capital Corp's revenue compounded faster (-22.5% 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.
Ladder Capital Corp is a leading commercial real estate finance firm operating primarily across the United States. It originates and manages a diversified portfolio of senior secured commercial mortgage loans, mezzanine debt, commercial mortgage-backed securities, and direct real estate assets, serving property owners, operators and developers across major market segments.
CMBM vs LADR — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $40.3M | $22.3M |
| Net Profit | $-7.2M | $15.9M |
| Gross Margin | 36.6% | — |
| Operating Margin | -28.4% | 69.5% |
| Net Margin | -17.9% | 71.0% |
| Revenue YoY | -23.2% | -18.0% |
| Net Profit YoY | 71.0% | -49.4% |
| EPS (diluted) | $-0.26 | $0.13 |
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 | — | $22.3M | ||
| Q3 25 | — | $27.8M | ||
| Q2 25 | — | $21.5M | ||
| Q1 25 | — | $20.3M | ||
| Q4 24 | $40.3M | $27.2M | ||
| Q3 24 | $44.7M | $38.4M | ||
| Q2 24 | $45.2M | $34.3M | ||
| Q1 24 | $47.1M | $37.1M |
| Q4 25 | — | $15.9M | ||
| Q3 25 | — | $19.2M | ||
| Q2 25 | — | $17.1M | ||
| Q1 25 | — | $11.6M | ||
| Q4 24 | $-7.2M | $31.3M | ||
| Q3 24 | $-34.5M | $27.6M | ||
| Q2 24 | $-14.2M | $32.1M | ||
| Q1 24 | $-18.4M | $16.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 36.6% | — | ||
| Q3 24 | 43.6% | — | ||
| Q2 24 | 32.5% | — | ||
| Q1 24 | 29.8% | — |
| Q4 25 | — | 69.5% | ||
| Q3 25 | — | 72.4% | ||
| Q2 25 | — | 96.7% | ||
| Q1 25 | — | 52.7% | ||
| Q4 24 | -28.4% | — | ||
| Q3 24 | -69.6% | 74.1% | ||
| Q2 24 | -27.2% | 90.4% | ||
| Q1 24 | -33.1% | 49.4% |
| Q4 25 | — | 71.0% | ||
| Q3 25 | — | 69.0% | ||
| Q2 25 | — | 79.5% | ||
| Q1 25 | — | 56.8% | ||
| Q4 24 | -17.9% | 115.1% | ||
| Q3 24 | -77.3% | 71.7% | ||
| Q2 24 | -31.5% | 93.6% | ||
| Q1 24 | -39.2% | 44.2% |
| Q4 25 | — | $0.13 | ||
| Q3 25 | — | $0.15 | ||
| Q2 25 | — | $0.14 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | $-0.26 | $0.25 | ||
| Q3 24 | $-1.22 | $0.22 | ||
| Q2 24 | $-0.51 | $0.26 | ||
| Q1 24 | $-0.66 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $38.0M |
| Total DebtLower is stronger | $67.6M | — |
| Stockholders' EquityBook value | $-3.2M | $1.5B |
| Total Assets | $173.7M | $5.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $38.0M | ||
| Q3 25 | — | $49.4M | ||
| Q2 25 | — | $134.9M | ||
| Q1 25 | — | $479.8M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $67.6M | — | ||
| Q3 24 | $67.6M | — | ||
| Q2 24 | $68.9M | — | ||
| Q1 24 | $63.8M | — |
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $-3.2M | $1.5B | ||
| Q3 24 | $1.9M | $1.5B | ||
| Q2 24 | $34.1M | $1.5B | ||
| Q1 24 | $45.0M | $1.5B |
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | $173.7M | $4.8B | ||
| Q3 24 | $194.3M | $4.8B | ||
| Q2 24 | $221.1M | $4.8B | ||
| Q1 24 | $219.8M | $5.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 36.12× | — | ||
| Q2 24 | 2.02× | — | ||
| Q1 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-10.4M | $87.0M |
| Free Cash FlowOCF − Capex | $-10.8M | $78.7M |
| FCF MarginFCF / Revenue | -26.8% | 352.4% |
| Capex IntensityCapex / Revenue | 1.1% | 37.4% |
| Cash ConversionOCF / Net Profit | — | 5.49× |
| TTM Free Cash FlowTrailing 4 quarters | $-21.4M | $118.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $87.0M | ||
| Q3 25 | — | $26.3M | ||
| Q2 25 | — | $44.0M | ||
| Q1 25 | — | $-28.7M | ||
| Q4 24 | $-10.4M | $133.9M | ||
| Q3 24 | $8.9M | $169.0M | ||
| Q2 24 | $2.4M | $45.4M | ||
| Q1 24 | $-15.9M | $-20.4M |
| Q4 25 | — | $78.7M | ||
| Q3 25 | — | $25.9M | ||
| Q2 25 | — | $43.4M | ||
| Q1 25 | — | $-29.6M | ||
| Q4 24 | $-10.8M | $127.4M | ||
| Q3 24 | $6.8M | $166.0M | ||
| Q2 24 | $87.0K | $44.9M | ||
| Q1 24 | $-17.4M | $-21.7M |
| Q4 25 | — | 352.4% | ||
| Q3 25 | — | 93.1% | ||
| Q2 25 | — | 201.6% | ||
| Q1 25 | — | -145.6% | ||
| Q4 24 | -26.8% | 468.2% | ||
| Q3 24 | 15.2% | 432.1% | ||
| Q2 24 | 0.2% | 131.0% | ||
| Q1 24 | -37.0% | -58.6% |
| Q4 25 | — | 37.4% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | 1.1% | 23.9% | ||
| Q3 24 | 4.8% | 7.8% | ||
| Q2 24 | 5.1% | 1.3% | ||
| Q1 24 | 3.3% | 3.7% |
| Q4 25 | — | 5.49× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 2.57× | ||
| Q1 25 | — | -2.49× | ||
| Q4 24 | — | 4.27× | ||
| Q3 24 | — | 6.13× | ||
| Q2 24 | — | 1.41× | ||
| Q1 24 | — | -1.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMBM
| Enterprise | $16.6M | 41% |
| Point To Multi Point | $16.4M | 41% |
| Other | $5.8M | 14% |
LADR
Segment breakdown not available.
