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Side-by-side financial comparison of Crescent Energy Co (CRGY) and Primo Brands Corp (PRMB). Click either name above to swap in a different company.
Primo Brands Corp is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.4× Crescent Energy Co). Primo Brands Corp runs the higher net margin — 1.7% vs -35.4%, a 37.1% gap on every dollar of revenue. On growth, Crescent Energy Co posted the faster year-over-year revenue change (24.5% vs 0.8%). Over the past eight quarters, Crescent Energy Co's revenue compounded faster (34.6% CAGR vs 19.7%).
Crescent Petroleum is the first and largest private upstream oil and gas company in the Middle East. Founded in 1971, Crescent Petroleum is headquartered in the Emirate of Sharjah, United Arab Emirates (UAE), with current operations in both the UAE and the Kurdistan Region of Iraq (KRI). As of 2023, Crescent Petroleum and the Iraqi Ministry of Oil have signed three twenty-year contracts as the company focus it efforts in aiding the redevelopment of Iraq.
Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.
CRGY vs PRMB — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.6B |
| Net Profit | $-419.2M | $27.3M |
| Gross Margin | — | 28.6% |
| Operating Margin | — | 8.5% |
| Net Margin | -35.4% | 1.7% |
| Revenue YoY | 24.5% | 0.8% |
| Net Profit YoY | — | -4.9% |
| EPS (diluted) | — | $0.07 |
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.
| Q1 26 | $1.2B | $1.6B | ||
| Q4 25 | $865.0M | $1.6B | ||
| Q3 25 | $866.6M | $1.8B | ||
| Q2 25 | $898.0M | $1.7B | ||
| Q1 25 | $950.2M | $1.6B | ||
| Q4 24 | $875.3M | — | ||
| Q3 24 | $744.9M | $0 | ||
| Q2 24 | $653.3M | $1.3B |
| Q1 26 | $-419.2M | $27.3M | ||
| Q4 25 | $-8.7M | $-13.0M | ||
| Q3 25 | $-9.5M | $16.8M | ||
| Q2 25 | $153.2M | $27.6M | ||
| Q1 25 | $-2.1M | $28.7M | ||
| Q4 24 | $-118.0M | — | ||
| Q3 24 | $-9.9M | $-2.0K | ||
| Q2 24 | $37.5M | $54.5M |
| Q1 26 | — | 28.6% | ||
| Q4 25 | — | 27.7% | ||
| Q3 25 | — | 29.9% | ||
| Q2 25 | — | 31.3% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 32.7% |
| Q1 26 | — | 8.5% | ||
| Q4 25 | -6.2% | 1.2% | ||
| Q3 25 | 3.6% | 8.3% | ||
| Q2 25 | 8.9% | 6.5% | ||
| Q1 25 | 18.1% | 9.5% | ||
| Q4 24 | -3.1% | — | ||
| Q3 24 | -1.0% | — | ||
| Q2 24 | 18.3% | 12.1% |
| Q1 26 | -35.4% | 1.7% | ||
| Q4 25 | -1.0% | -0.8% | ||
| Q3 25 | -1.1% | 1.0% | ||
| Q2 25 | 17.1% | 1.6% | ||
| Q1 25 | -0.2% | 1.8% | ||
| Q4 24 | -13.5% | — | ||
| Q3 24 | -1.3% | — | ||
| Q2 24 | 5.7% | 4.1% |
| Q1 26 | — | $0.07 | ||
| Q4 25 | — | $-0.03 | ||
| Q3 25 | — | $0.04 | ||
| Q2 25 | — | $0.07 | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-20.00 | ||
| Q2 24 | — | $0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $9.8M | — |
| Total DebtLower is stronger | $5.2B | $5.2B |
| Stockholders' EquityBook value | $4.7B | $3.0B |
| Total Assets | $12.0B | $10.6B |
| Debt / EquityLower = less leverage | 1.12× | 1.74× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $9.8M | — | ||
| Q4 25 | $10.2M | $376.7M | ||
| Q3 25 | $3.5M | — | ||
| Q2 25 | $3.1M | — | ||
| Q1 25 | $6.3M | — | ||
| Q4 24 | $132.8M | — | ||
| Q3 24 | $136.2M | — | ||
| Q2 24 | $778.1M | — |
| Q1 26 | $5.2B | $5.2B | ||
| Q4 25 | $5.5B | $5.2B | ||
| Q3 25 | $3.2B | $5.1B | ||
| Q2 25 | $3.4B | $5.1B | ||
| Q1 25 | $3.6B | $5.0B | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $2.4B | — |
| Q1 26 | $4.7B | $3.0B | ||
| Q4 25 | $5.2B | $3.0B | ||
| Q3 25 | $4.5B | $3.2B | ||
| Q2 25 | $4.5B | $3.2B | ||
| Q1 25 | $3.3B | $3.3B | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $2.9B | $-2.0K | ||
| Q2 24 | $2.1B | $-296.8M |
| Q1 26 | $12.0B | $10.6B | ||
| Q4 25 | $12.4B | $10.6B | ||
| Q3 25 | $9.7B | $11.0B | ||
| Q2 25 | $9.9B | $11.0B | ||
| Q1 25 | $9.9B | $11.0B | ||
| Q4 24 | $9.2B | — | ||
| Q3 24 | $9.3B | $0 | ||
| Q2 24 | $7.5B | — |
| Q1 26 | 1.12× | 1.74× | ||
| Q4 25 | 1.07× | 1.72× | ||
| Q3 25 | 0.72× | 1.61× | ||
| Q2 25 | 0.75× | 1.57× | ||
| Q1 25 | 1.10× | 1.51× | ||
| Q4 24 | 0.97× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.12× | — |
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 | $409.2M | $103.8M |
| Free Cash FlowOCF − Capex | $160.0M | — |
| FCF MarginFCF / Revenue | 13.5% | — |
| Capex IntensityCapex / Revenue | — | 2.9% |
| Cash ConversionOCF / Net Profit | — | 3.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $409.2M | $103.8M | ||
| Q4 25 | $371.0M | $203.1M | ||
| Q3 25 | $473.1M | $283.4M | ||
| Q2 25 | $499.0M | $155.0M | ||
| Q1 25 | $337.1M | $38.8M | ||
| Q4 24 | $384.4M | — | ||
| Q3 24 | $368.0M | $0 | ||
| Q2 24 | $286.9M | $102.5M |
| Q1 26 | $160.0M | — | ||
| Q4 25 | — | $57.3M | ||
| Q3 25 | — | $167.7M | ||
| Q2 25 | — | $101.1M | ||
| Q1 25 | — | $-23.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $61.4M |
| Q1 26 | 13.5% | — | ||
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | -1.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 4.7% |
| Q1 26 | — | 2.9% | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 3.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.1% |
| Q1 26 | — | 3.80× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 16.87× | ||
| Q2 25 | 3.26× | 5.62× | ||
| Q1 25 | — | 1.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 7.64× | 1.88× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRGY
| Oil | $893.3M | 76% |
| Natural gas | $158.4M | 13% |
| Natural gas liquids | $125.1M | 11% |
| Midstream and other | $6.0M | 1% |
PRMB
| Regional spring water | $801.2M | 49% |
| Purified water | $511.2M | 31% |
| Other | $208.2M | 13% |
| Premium water | $105.5M | 6% |
