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Side-by-side financial comparison of PC CONNECTION INC (CNXN) and Primerica, Inc. (PRI). Click either name above to swap in a different company.
Primerica, Inc. is the larger business by last-quarter revenue ($853.7M vs $702.9M, roughly 1.2× PC CONNECTION INC). Primerica, Inc. runs the higher net margin — 23.1% vs 2.9%, a 20.1% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs -0.8%). Over the past eight quarters, Primerica, Inc.'s revenue compounded faster (7.2% CAGR vs 5.5%).
PC Connection, Inc., doing business as Connection, is headquartered in Merrimack, New Hampshire. It has more than 2,600 employees and sells more than 460,000 products.
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
CNXN vs PRI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $702.9M | $853.7M |
| Net Profit | $20.7M | $197.0M |
| Gross Margin | 19.3% | — |
| Operating Margin | 3.4% | 28.9% |
| Net Margin | 2.9% | 23.1% |
| Revenue YoY | -0.8% | 11.0% |
| Net Profit YoY | -0.0% | 17.9% |
| EPS (diluted) | $0.82 | $6.11 |
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 | $702.9M | $853.7M | ||
| Q3 25 | $709.1M | $839.9M | ||
| Q2 25 | $759.7M | $793.3M | ||
| Q1 25 | $701.0M | $804.8M | ||
| Q4 24 | $708.9M | $768.8M | ||
| Q3 24 | $724.7M | $774.1M | ||
| Q2 24 | $736.5M | $803.4M | ||
| Q1 24 | $632.0M | $742.8M |
| Q4 25 | $20.7M | $197.0M | ||
| Q3 25 | $24.7M | $206.8M | ||
| Q2 25 | $24.8M | $178.3M | ||
| Q1 25 | $13.5M | $169.1M | ||
| Q4 24 | $20.7M | $167.1M | ||
| Q3 24 | $27.1M | $164.4M | ||
| Q2 24 | $26.2M | $1.2M | ||
| Q1 24 | $13.2M | $137.9M |
| Q4 25 | 19.3% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 18.1% | — | ||
| Q1 25 | 18.2% | — | ||
| Q4 24 | 18.3% | — | ||
| Q3 24 | 18.7% | — | ||
| Q2 24 | 18.5% | 98.0% | ||
| Q1 24 | 18.7% | 98.2% |
| Q4 25 | 3.4% | 28.9% | ||
| Q3 25 | 4.3% | 32.3% | ||
| Q2 25 | 4.1% | 29.6% | ||
| Q1 25 | 2.1% | 27.5% | ||
| Q4 24 | 3.2% | 64.7% | ||
| Q3 24 | 4.1% | 32.9% | ||
| Q2 24 | 4.2% | 1.0% | ||
| Q1 24 | 2.1% | 24.1% |
| Q4 25 | 2.9% | 23.1% | ||
| Q3 25 | 3.5% | 24.6% | ||
| Q2 25 | 3.3% | 22.5% | ||
| Q1 25 | 1.9% | 21.0% | ||
| Q4 24 | 2.9% | 21.7% | ||
| Q3 24 | 3.7% | 21.2% | ||
| Q2 24 | 3.6% | 0.1% | ||
| Q1 24 | 2.1% | 18.6% |
| Q4 25 | $0.82 | $6.11 | ||
| Q3 25 | $0.97 | $6.35 | ||
| Q2 25 | $0.97 | $5.40 | ||
| Q1 25 | $0.51 | $5.05 | ||
| Q4 24 | $0.78 | $4.92 | ||
| Q3 24 | $1.02 | $4.83 | ||
| Q2 24 | $0.99 | $0.03 | ||
| Q1 24 | $0.50 | $3.93 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $406.7M | $756.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $910.1M | $2.4B |
| Total Assets | $1.4B | $15.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $406.7M | $756.2M | ||
| Q3 25 | $399.2M | $644.9M | ||
| Q2 25 | $346.1M | $621.2M | ||
| Q1 25 | $340.3M | $625.1M | ||
| Q4 24 | $442.6M | $687.8M | ||
| Q3 24 | $429.1M | $550.1M | ||
| Q2 24 | $385.8M | $627.3M | ||
| Q1 24 | $352.0M | $593.4M |
| Q4 25 | $910.1M | $2.4B | ||
| Q3 25 | $902.7M | $2.3B | ||
| Q2 25 | $884.8M | $2.3B | ||
| Q1 25 | $877.0M | $2.3B | ||
| Q4 24 | $911.0M | $2.3B | ||
| Q3 24 | $897.4M | $1.9B | ||
| Q2 24 | $874.9M | $2.1B | ||
| Q1 24 | $852.7M | $2.2B |
| Q4 25 | $1.4B | $15.0B | ||
| Q3 25 | $1.3B | $14.8B | ||
| Q2 25 | $1.3B | $14.8B | ||
| Q1 25 | $1.2B | $14.6B | ||
| Q4 24 | $1.3B | $14.6B | ||
| Q3 24 | $1.3B | $14.8B | ||
| Q2 24 | $1.3B | $14.6B | ||
| Q1 24 | $1.2B | $14.9B |
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 | $27.4M | $338.2M |
| Free Cash FlowOCF − Capex | $25.2M | — |
| FCF MarginFCF / Revenue | 3.6% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 1.32× | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $58.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.4M | $338.2M | ||
| Q3 25 | $64.1M | $202.9M | ||
| Q2 25 | $26.3M | $162.6M | ||
| Q1 25 | $-52.4M | $197.5M | ||
| Q4 24 | $25.2M | $270.6M | ||
| Q3 24 | $52.9M | $207.3M | ||
| Q2 24 | $38.4M | $173.3M | ||
| Q1 24 | $57.3M | $210.9M |
| Q4 25 | $25.2M | — | ||
| Q3 25 | $62.3M | — | ||
| Q2 25 | $24.6M | — | ||
| Q1 25 | $-54.1M | — | ||
| Q4 24 | $22.9M | — | ||
| Q3 24 | $51.2M | — | ||
| Q2 24 | $36.6M | — | ||
| Q1 24 | $55.7M | — |
| Q4 25 | 3.6% | — | ||
| Q3 25 | 8.8% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | -7.7% | — | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 7.1% | — | ||
| Q2 24 | 5.0% | — | ||
| Q1 24 | 8.8% | — |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 1.32× | 1.72× | ||
| Q3 25 | 2.59× | 0.98× | ||
| Q2 25 | 1.06× | 0.91× | ||
| Q1 25 | -3.89× | 1.17× | ||
| Q4 24 | 1.22× | 1.62× | ||
| Q3 24 | 1.96× | 1.26× | ||
| Q2 24 | 1.47× | 147.98× | ||
| Q1 24 | 4.35× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNXN
| Small And Medium Sized Businesses Segment | $273.5M | 39% |
| Notebooks And Mobility | $108.6M | 15% |
| Public Sector | $90.8M | 13% |
| Accessories | $46.4M | 7% |
| Desktops | $44.5M | 6% |
| Displays And Sounds | $37.1M | 5% |
| Software | $32.3M | 5% |
| Other Hardware And Services | $30.7M | 4% |
| Net And Com | $21.4M | 3% |
| Servers And Storage | $17.6M | 3% |
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
