vs

Side-by-side financial comparison of California Resources Corp (CRC) and PubMatic, Inc. (PUBM). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $62.6M, roughly 1.9× PubMatic, Inc.). PubMatic, Inc. produced more free cash flow last quarter ($10.7M vs $-32.0M). Over the past eight quarters, PubMatic, Inc.'s revenue compounded faster (-3.6% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

PubMatic, Inc. develops and implements online advertising software and strategies for the digital publishing and advertising industry. PubMatic's sell-side, real-time programmatic ad transaction advertising software puts publishers of websites, videos, and mobile apps into contact with ad buyers by using automated systems, while allowing users to opt-out of having their personal information collected on internet searches. PubMatic has a number of offices in countries around the world.

CRC vs PUBM — Head-to-Head

Bigger by revenue
CRC
CRC
1.9× larger
CRC
$119.0M
$62.6M
PUBM
More free cash flow
PUBM
PUBM
$42.7M more FCF
PUBM
$10.7M
$-32.0M
CRC
Faster 2-yr revenue CAGR
PUBM
PUBM
Annualised
PUBM
-3.6%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CRC
CRC
PUBM
PUBM
Revenue
$119.0M
$62.6M
Net Profit
$-12.5M
Gross Margin
58.3%
Operating Margin
-597.5%
17.3%
Net Margin
-20.0%
Revenue YoY
-2.0%
Net Profit YoY
-31.9%
EPS (diluted)
$-8.02
$-0.27

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
CRC
CRC
PUBM
PUBM
Q1 26
$119.0M
$62.6M
Q4 25
$679.0M
$80.0M
Q3 25
$715.0M
$68.0M
Q2 25
$702.0M
$71.1M
Q1 25
$814.0M
$63.8M
Q4 24
$826.0M
$85.5M
Q3 24
$870.0M
$71.8M
Q2 24
$412.0M
$67.3M
Net Profit
CRC
CRC
PUBM
PUBM
Q1 26
$-12.5M
Q4 25
$12.0M
Q3 25
$64.0M
$-6.5M
Q2 25
$172.0M
$-5.2M
Q1 25
$115.0M
$-9.5M
Q4 24
$33.0M
Q3 24
$345.0M
$-912.0K
Q2 24
$8.0M
$2.0M
Gross Margin
CRC
CRC
PUBM
PUBM
Q1 26
58.3%
Q4 25
68.2%
Q3 25
62.6%
Q2 25
62.6%
Q1 25
59.9%
Q4 24
70.8%
Q3 24
64.5%
Q2 24
62.6%
Operating Margin
CRC
CRC
PUBM
PUBM
Q1 26
-597.5%
17.3%
Q4 25
6.9%
10.6%
Q3 25
13.7%
-12.4%
Q2 25
38.0%
-7.7%
Q1 25
22.9%
-18.6%
Q4 24
8.2%
17.3%
Q3 24
59.5%
-1.9%
Q2 24
9.2%
-5.9%
Net Margin
CRC
CRC
PUBM
PUBM
Q1 26
-20.0%
Q4 25
1.8%
Q3 25
9.0%
-9.5%
Q2 25
24.5%
-7.3%
Q1 25
14.1%
-14.9%
Q4 24
4.0%
Q3 24
39.7%
-1.3%
Q2 24
1.9%
2.9%
EPS (diluted)
CRC
CRC
PUBM
PUBM
Q1 26
$-8.02
$-0.27
Q4 25
$0.21
$0.14
Q3 25
$0.76
$-0.14
Q2 25
$1.92
$-0.11
Q1 25
$1.26
$-0.20
Q4 24
$0.87
$0.26
Q3 24
$3.78
$-0.02
Q2 24
$0.11
$0.04

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
PUBM
PUBM
Cash + ST InvestmentsLiquidity on hand
$144.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$251.0M
Total Assets
$659.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
PUBM
PUBM
Q1 26
$144.9M
Q4 25
$132.0M
$145.5M
Q3 25
$196.0M
$136.5M
Q2 25
$72.0M
$90.5M
Q1 25
$214.0M
$101.8M
Q4 24
$372.0M
$100.5M
Q3 24
$241.0M
$78.9M
Q2 24
$1.0B
$73.5M
Total Debt
CRC
CRC
PUBM
PUBM
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
PUBM
PUBM
Q1 26
$2.9B
$251.0M
Q4 25
$3.7B
$262.6M
Q3 25
$3.4B
$245.1M
Q2 25
$3.4B
$243.3M
Q1 25
$3.5B
$275.6M
Q4 24
$3.5B
$277.3M
Q3 24
$3.5B
$263.2M
Q2 24
$2.1B
$282.7M
Total Assets
CRC
CRC
PUBM
PUBM
Q1 26
$659.4M
Q4 25
$7.4B
$680.2M
Q3 25
$6.8B
$676.2M
Q2 25
$6.7B
$675.2M
Q1 25
$6.8B
$668.6M
Q4 24
$7.1B
$739.5M
Q3 24
$7.1B
$689.1M
Q2 24
$4.5B
$673.1M
Debt / Equity
CRC
CRC
PUBM
PUBM
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
PUBM
PUBM
Operating Cash FlowLast quarter
$99.0M
$17.3M
Free Cash FlowOCF − Capex
$-32.0M
$10.7M
FCF MarginFCF / Revenue
-26.9%
17.1%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$63.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
PUBM
PUBM
Q1 26
$99.0M
$17.3M
Q4 25
$235.0M
$18.2M
Q3 25
$279.0M
$32.4M
Q2 25
$165.0M
$14.9M
Q1 25
$186.0M
$15.6M
Q4 24
$206.0M
$18.0M
Q3 24
$220.0M
$19.1M
Q2 24
$97.0M
$11.9M
Free Cash Flow
CRC
CRC
PUBM
PUBM
Q1 26
$-32.0M
$10.7M
Q4 25
$115.0M
$11.3M
Q3 25
$188.0M
$27.7M
Q2 25
$109.0M
$13.6M
Q1 25
$131.0M
$14.2M
Q4 24
$118.0M
$13.7M
Q3 24
$141.0M
$7.4M
Q2 24
$63.0M
$11.2M
FCF Margin
CRC
CRC
PUBM
PUBM
Q1 26
-26.9%
17.1%
Q4 25
16.9%
14.1%
Q3 25
26.3%
40.8%
Q2 25
15.5%
19.1%
Q1 25
16.1%
22.2%
Q4 24
14.3%
16.1%
Q3 24
16.2%
10.3%
Q2 24
15.3%
16.7%
Capex Intensity
CRC
CRC
PUBM
PUBM
Q1 26
Q4 25
17.7%
8.6%
Q3 25
12.7%
6.9%
Q2 25
8.0%
1.9%
Q1 25
6.8%
2.3%
Q4 24
10.7%
5.1%
Q3 24
9.1%
16.3%
Q2 24
8.3%
1.1%
Cash Conversion
CRC
CRC
PUBM
PUBM
Q1 26
Q4 25
19.58×
Q3 25
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×
6.06×

Financial Flow Comparison

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

Related Comparisons