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Side-by-side financial comparison of Claritev Corp (CTEV) and XPLR Infrastructure, LP (XIFR). Click either name above to swap in a different company.
XPLR Infrastructure, LP is the larger business by last-quarter revenue ($249.0M vs $246.6M, roughly 1.0× Claritev Corp). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs -32.7%, a 43.9% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -15.3%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $-88.0M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -1.6%).
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
CTEV vs XIFR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $249.0M |
| Net Profit | $-80.6M | $28.0M |
| Gross Margin | — | — |
| Operating Margin | -3.1% | -19.3% |
| Net Margin | -32.7% | 11.2% |
| Revenue YoY | 6.2% | -15.3% |
| Net Profit YoY | 41.6% | 124.3% |
| EPS (diluted) | $-4.88 | — |
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 | $246.6M | $249.0M | ||
| Q3 25 | $246.0M | $315.0M | ||
| Q2 25 | $241.6M | $342.0M | ||
| Q1 25 | $231.3M | $282.0M | ||
| Q4 24 | $232.1M | $294.0M | ||
| Q3 24 | $230.5M | $319.0M | ||
| Q2 24 | $233.5M | $360.0M | ||
| Q1 24 | $234.5M | $257.0M |
| Q4 25 | $-80.6M | $28.0M | ||
| Q3 25 | $-69.8M | $-37.0M | ||
| Q2 25 | $-62.6M | $79.0M | ||
| Q1 25 | $-71.3M | $-98.0M | ||
| Q4 24 | $-138.0M | $-115.0M | ||
| Q3 24 | $-391.4M | $-40.0M | ||
| Q2 24 | $-576.7M | $62.0M | ||
| Q1 24 | $-539.7M | $70.0M |
| Q4 25 | -3.1% | -19.3% | ||
| Q3 25 | 4.1% | 1.6% | ||
| Q2 25 | 6.9% | 26.3% | ||
| Q1 25 | 4.2% | -82.6% | ||
| Q4 24 | -17.8% | -188.1% | ||
| Q3 24 | -146.7% | 15.4% | ||
| Q2 24 | -224.4% | 18.3% | ||
| Q1 24 | -207.4% | -8.2% |
| Q4 25 | -32.7% | 11.2% | ||
| Q3 25 | -28.4% | -11.7% | ||
| Q2 25 | -25.9% | 23.1% | ||
| Q1 25 | -30.8% | -34.8% | ||
| Q4 24 | -59.4% | -39.1% | ||
| Q3 24 | -169.8% | -12.5% | ||
| Q2 24 | -247.0% | 17.2% | ||
| Q1 24 | -230.1% | 27.2% |
| Q4 25 | $-4.88 | — | ||
| Q3 25 | $-4.23 | $-0.40 | ||
| Q2 25 | $-3.81 | $0.84 | ||
| Q1 25 | $-4.38 | $-1.05 | ||
| Q4 24 | $-8.49 | — | ||
| Q3 24 | $-24.25 | $-0.43 | ||
| Q2 24 | $-35.78 | $0.66 | ||
| Q1 24 | $-33.40 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $960.0M |
| Total DebtLower is stronger | $4.6B | $6.2B |
| Stockholders' EquityBook value | $-173.9M | $10.9B |
| Total Assets | $4.9B | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $960.0M | ||
| Q3 25 | $39.2M | $711.0M | ||
| Q2 25 | $56.4M | $880.0M | ||
| Q1 25 | $23.1M | $1.5B | ||
| Q4 24 | $16.8M | $283.0M | ||
| Q3 24 | $86.6M | $290.0M | ||
| Q2 24 | $48.8M | $281.0M | ||
| Q1 24 | $58.7M | $245.0M |
| Q4 25 | $4.6B | $6.2B | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | $5.3B | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $10.9B | ||
| Q3 25 | $-101.8M | $11.0B | ||
| Q2 25 | $-39.9M | $11.3B | ||
| Q1 25 | $14.8M | $12.6B | ||
| Q4 24 | $84.0M | $12.9B | ||
| Q3 24 | $207.6M | $13.6B | ||
| Q2 24 | $603.4M | $13.9B | ||
| Q1 24 | $1.2B | $14.0B |
| Q4 25 | $4.9B | $19.6B | ||
| Q3 25 | $5.0B | $19.1B | ||
| Q2 25 | $5.1B | $20.5B | ||
| Q1 25 | $5.1B | $21.4B | ||
| Q4 24 | $5.2B | $20.3B | ||
| Q3 24 | $5.3B | $20.9B | ||
| Q2 24 | $5.7B | $21.7B | ||
| Q1 24 | $6.4B | $22.3B |
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | 0.41× | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
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 | $66.3M | $186.0M |
| Free Cash FlowOCF − Capex | $36.4M | $-88.0M |
| FCF MarginFCF / Revenue | 14.8% | -35.3% |
| Capex IntensityCapex / Revenue | 12.1% | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $186.0M | ||
| Q3 25 | $19.9M | $231.0M | ||
| Q2 25 | $61.2M | $232.0M | ||
| Q1 25 | $-30.1M | $90.0M | ||
| Q4 24 | $-33.4M | $283.0M | ||
| Q3 24 | $72.8M | $208.0M | ||
| Q2 24 | $18.5M | $231.0M | ||
| Q1 24 | $49.7M | $78.0M |
| Q4 25 | $36.4M | $-88.0M | ||
| Q3 25 | $-16.3M | $-283.0M | ||
| Q2 25 | $36.6M | $151.0M | ||
| Q1 25 | $-68.9M | $1.0M | ||
| Q4 24 | $-63.8M | $231.0M | ||
| Q3 24 | $41.1M | $152.0M | ||
| Q2 24 | $-7.0M | $162.0M | ||
| Q1 24 | $19.2M | $14.0M |
| Q4 25 | 14.8% | -35.3% | ||
| Q3 25 | -6.6% | -89.8% | ||
| Q2 25 | 15.2% | 44.2% | ||
| Q1 25 | -29.8% | 0.4% | ||
| Q4 24 | -27.5% | 78.6% | ||
| Q3 24 | 17.8% | 47.6% | ||
| Q2 24 | -3.0% | 45.0% | ||
| Q1 24 | 8.2% | 5.4% |
| Q4 25 | 12.1% | 110.0% | ||
| Q3 25 | 14.7% | 163.2% | ||
| Q2 25 | 10.2% | 23.7% | ||
| Q1 25 | 16.8% | 31.6% | ||
| Q4 24 | 13.1% | 17.7% | ||
| Q3 24 | 13.8% | 17.6% | ||
| Q2 24 | 10.9% | 19.2% | ||
| Q1 24 | 13.0% | 24.9% |
| Q4 25 | — | 6.64× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.94× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.73× | ||
| Q1 24 | — | 1.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
Segment breakdown not available.
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
