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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

Prairie Operating Co. is the larger business by last-quarter revenue ($77.7M vs $40.3M, roughly 1.9× Cambium Networks Corp). Prairie Operating Co. runs the higher net margin — 1.7% vs -17.9%, a 19.6% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% 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.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

CMBM vs PROP — Head-to-Head

Bigger by revenue
PROP
PROP
1.9× larger
PROP
$77.7M
$40.3M
CMBM
Higher net margin
PROP
PROP
19.6% more per $
PROP
1.7%
-17.9%
CMBM
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
-27.2%
CMBM

Income Statement — Q4 FY2024 vs Q3 FY2025

Metric
CMBM
CMBM
PROP
PROP
Revenue
$40.3M
$77.7M
Net Profit
$-7.2M
$1.3M
Gross Margin
36.6%
Operating Margin
-28.4%
34.8%
Net Margin
-17.9%
1.7%
Revenue YoY
-23.2%
Net Profit YoY
71.0%
111.3%
EPS (diluted)
$-0.26
$-0.44

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
PROP
PROP
Q3 25
$77.7M
Q2 25
$68.1M
Q1 25
$13.6M
Q4 24
$40.3M
Q3 24
$44.7M
$0
Q2 24
$45.2M
Q1 24
$47.1M
Q4 23
$52.5M
Net Profit
CMBM
CMBM
PROP
PROP
Q3 25
$1.3M
Q2 25
$35.7M
Q1 25
$-2.6M
Q4 24
$-7.2M
Q3 24
$-34.5M
$-11.4M
Q2 24
$-14.2M
Q1 24
$-18.4M
Q4 23
$-24.9M
Gross Margin
CMBM
CMBM
PROP
PROP
Q3 25
Q2 25
Q1 25
Q4 24
36.6%
Q3 24
43.6%
Q2 24
32.5%
Q1 24
29.8%
Q4 23
15.2%
Operating Margin
CMBM
CMBM
PROP
PROP
Q3 25
34.8%
Q2 25
27.8%
Q1 25
12.9%
Q4 24
-28.4%
Q3 24
-69.6%
Q2 24
-27.2%
Q1 24
-33.1%
Q4 23
-44.5%
Net Margin
CMBM
CMBM
PROP
PROP
Q3 25
1.7%
Q2 25
52.4%
Q1 25
-19.3%
Q4 24
-17.9%
Q3 24
-77.3%
Q2 24
-31.5%
Q1 24
-39.2%
Q4 23
-47.5%
EPS (diluted)
CMBM
CMBM
PROP
PROP
Q3 25
$-0.44
Q2 25
$0.18
Q1 25
$-3.49
Q4 24
$-0.26
Q3 24
$-1.22
$-0.68
Q2 24
$-0.51
Q1 24
$-0.66
Q4 23
$-0.90

Balance Sheet & Financial Strength

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

Metric
CMBM
CMBM
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$10.6M
Total DebtLower is stronger
$67.6M
Stockholders' EquityBook value
$-3.2M
$101.8M
Total Assets
$173.7M
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBM
CMBM
PROP
PROP
Q3 25
$10.6M
Q2 25
$10.7M
Q1 25
$15.0M
Q4 24
Q3 24
$40.1M
Q2 24
Q1 24
Q4 23
Total Debt
CMBM
CMBM
PROP
PROP
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q4 24
$67.6M
Q3 24
$67.6M
Q2 24
$68.9M
Q1 24
$63.8M
Q4 23
$25.1M
Stockholders' Equity
CMBM
CMBM
PROP
PROP
Q3 25
$101.8M
Q2 25
$94.2M
Q1 25
$34.0M
Q4 24
$-3.2M
Q3 24
$1.9M
$61.3M
Q2 24
$34.1M
Q1 24
$45.0M
Q4 23
$61.1M
Total Assets
CMBM
CMBM
PROP
PROP
Q3 25
$939.8M
Q2 25
$858.5M
Q1 25
$775.4M
Q4 24
$173.7M
Q3 24
$194.3M
$107.2M
Q2 24
$221.1M
Q1 24
$219.8M
Q4 23
$209.1M
Debt / Equity
CMBM
CMBM
PROP
PROP
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q4 24
Q3 24
36.12×
Q2 24
2.02×
Q1 24
1.42×
Q4 23
0.41×

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
PROP
PROP
Operating Cash FlowLast quarter
$-10.4M
$57.7M
Free Cash FlowOCF − Capex
$-10.8M
FCF MarginFCF / Revenue
-26.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBM
CMBM
PROP
PROP
Q3 25
$57.7M
Q2 25
$-7.2M
Q1 25
$16.9M
Q4 24
$-10.4M
Q3 24
$8.9M
$2.8M
Q2 24
$2.4M
Q1 24
$-15.9M
Q4 23
$-5.8M
Free Cash Flow
CMBM
CMBM
PROP
PROP
Q3 25
Q2 25
Q1 25
Q4 24
$-10.8M
Q3 24
$6.8M
Q2 24
$87.0K
Q1 24
$-17.4M
Q4 23
$-7.4M
FCF Margin
CMBM
CMBM
PROP
PROP
Q3 25
Q2 25
Q1 25
Q4 24
-26.8%
Q3 24
15.2%
Q2 24
0.2%
Q1 24
-37.0%
Q4 23
-14.0%
Capex Intensity
CMBM
CMBM
PROP
PROP
Q3 25
Q2 25
Q1 25
Q4 24
1.1%
Q3 24
4.8%
Q2 24
5.1%
Q1 24
3.3%
Q4 23
3.1%
Cash Conversion
CMBM
CMBM
PROP
PROP
Q3 25
44.80×
Q2 25
-0.20×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

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%

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

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