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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and LandBridge Co LLC (LB). Click either name above to swap in a different company.
LandBridge Co LLC is the larger business by last-quarter revenue ($56.8M vs $40.3M, roughly 1.4× Cambium Networks Corp). LandBridge Co LLC runs the higher net margin — 14.2% vs -17.9%, a 32.1% gap on every dollar of revenue. On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs -23.2%). LandBridge Co LLC produced more free cash flow last quarter ($122.0M vs $-10.8M). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% 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.
CMBM vs LB — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $40.3M | $56.8M |
| Net Profit | $-7.2M | $8.1M |
| Gross Margin | 36.6% | — |
| Operating Margin | -28.4% | 60.0% |
| Net Margin | -17.9% | 14.2% |
| Revenue YoY | -23.2% | 55.6% |
| Net Profit YoY | 71.0% | -83.7% |
| EPS (diluted) | $-0.26 | $0.24 |
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 | — | $56.8M | ||
| Q3 25 | — | $50.8M | ||
| Q2 25 | — | $47.5M | ||
| Q1 25 | — | $44.0M | ||
| Q4 24 | $40.3M | $36.5M | ||
| Q3 24 | $44.7M | $28.5M | ||
| Q2 24 | $45.2M | $26.0M | ||
| Q1 24 | $47.1M | $19.0M |
| Q4 25 | — | $8.1M | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | — | $7.5M | ||
| Q1 25 | — | $6.5M | ||
| Q4 24 | $-7.2M | $49.3M | ||
| Q3 24 | $-34.5M | $2.7M | ||
| Q2 24 | $-14.2M | $-57.7M | ||
| Q1 24 | $-18.4M | $10.8M |
| 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 | — | 60.0% | ||
| Q3 25 | — | 60.8% | ||
| Q2 25 | — | 60.0% | ||
| Q1 25 | — | 57.0% | ||
| Q4 24 | -28.4% | 49.4% | ||
| Q3 24 | -69.6% | 11.2% | ||
| Q2 24 | -27.2% | -197.4% | ||
| Q1 24 | -33.1% | 71.1% |
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 15.9% | ||
| Q2 25 | — | 15.8% | ||
| Q1 25 | — | 14.7% | ||
| Q4 24 | -17.9% | 135.2% | ||
| Q3 24 | -77.3% | 9.3% | ||
| Q2 24 | -31.5% | -222.1% | ||
| Q1 24 | -39.2% | 56.7% |
| Q4 25 | — | $0.24 | ||
| Q3 25 | — | $0.26 | ||
| Q2 25 | — | $0.24 | ||
| Q1 25 | — | $0.20 | ||
| Q4 24 | $-0.26 | — | ||
| Q3 24 | $-1.22 | $-0.04 | ||
| Q2 24 | $-0.51 | — | ||
| Q1 24 | $-0.66 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $30.7M |
| Total DebtLower is stronger | $67.6M | $570.7M |
| Stockholders' EquityBook value | $-3.2M | $340.3M |
| Total Assets | $173.7M | $1.4B |
| Debt / EquityLower = less leverage | — | 1.68× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $30.7M | ||
| Q3 25 | — | $28.3M | ||
| Q2 25 | — | $20.3M | ||
| Q1 25 | — | $14.9M | ||
| Q4 24 | — | $37.0M | ||
| Q3 24 | — | $14.4M | ||
| Q2 24 | — | $24.6M | ||
| Q1 24 | — | — |
| Q4 25 | — | $570.7M | ||
| Q3 25 | — | $366.1M | ||
| Q2 25 | — | $370.9M | ||
| Q1 25 | — | $375.5M | ||
| Q4 24 | $67.6M | $385.5M | ||
| Q3 24 | $67.6M | $242.4M | ||
| Q2 24 | $68.9M | $360.8M | ||
| Q1 24 | $63.8M | — |
| Q4 25 | — | $340.3M | ||
| Q3 25 | — | $272.0M | ||
| Q2 25 | — | $266.4M | ||
| Q1 25 | — | $217.0M | ||
| Q4 24 | $-3.2M | $211.8M | ||
| Q3 24 | $1.9M | $97.2M | ||
| Q2 24 | $34.1M | $296.4M | ||
| Q1 24 | $45.0M | $162.3M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $173.7M | $1.0B | ||
| Q3 24 | $194.3M | $689.9M | ||
| Q2 24 | $221.1M | $710.5M | ||
| Q1 24 | $219.8M | — |
| Q4 25 | — | 1.68× | ||
| Q3 25 | — | 1.35× | ||
| Q2 25 | — | 1.39× | ||
| Q1 25 | — | 1.73× | ||
| Q4 24 | — | 1.82× | ||
| Q3 24 | 36.12× | 2.49× | ||
| Q2 24 | 2.02× | 1.22× | ||
| 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 | $126.3M |
| Free Cash FlowOCF − Capex | $-10.8M | $122.0M |
| FCF MarginFCF / Revenue | -26.8% | 214.9% |
| Capex IntensityCapex / Revenue | 1.1% | 7.5% |
| Cash ConversionOCF / Net Profit | — | 15.68× |
| TTM Free Cash FlowTrailing 4 quarters | $-21.4M | $207.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $126.3M | ||
| Q3 25 | — | $34.9M | ||
| Q2 25 | — | $37.3M | ||
| Q1 25 | — | $15.9M | ||
| Q4 24 | $-10.4M | $67.6M | ||
| Q3 24 | $8.9M | $7.5M | ||
| Q2 24 | $2.4M | $16.0M | ||
| Q1 24 | $-15.9M | $17.2M |
| Q4 25 | — | $122.0M | ||
| Q3 25 | — | $33.7M | ||
| Q2 25 | — | $36.1M | ||
| Q1 25 | — | $15.8M | ||
| Q4 24 | $-10.8M | $66.7M | ||
| Q3 24 | $6.8M | $7.1M | ||
| Q2 24 | $87.0K | $15.7M | ||
| Q1 24 | $-17.4M | $17.1M |
| Q4 25 | — | 214.9% | ||
| Q3 25 | — | 66.3% | ||
| Q2 25 | — | 75.9% | ||
| Q1 25 | — | 36.0% | ||
| Q4 24 | -26.8% | 182.6% | ||
| Q3 24 | 15.2% | 25.1% | ||
| Q2 24 | 0.2% | 60.4% | ||
| Q1 24 | -37.0% | 90.1% |
| Q4 25 | — | 7.5% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 1.1% | 2.7% | ||
| Q3 24 | 4.8% | 1.1% | ||
| Q2 24 | 5.1% | 1.4% | ||
| Q1 24 | 3.3% | 0.5% |
| Q4 25 | — | 15.68× | ||
| Q3 25 | — | 4.31× | ||
| Q2 25 | — | 4.98× | ||
| Q1 25 | — | 2.46× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | — | 2.80× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.60× |
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% |
LB
Segment breakdown not available.
