vs
Side-by-side financial comparison of Kimco Realty (KIM) and Cloudflare, Inc. (NET). Click either name above to swap in a different company.
Cloudflare, Inc. is the larger business by last-quarter revenue ($614.5M vs $558.0M, roughly 1.1× Kimco Realty). Kimco Realty runs the higher net margin — 29.8% vs -2.0%, a 31.8% gap on every dollar of revenue. On growth, Cloudflare, Inc. posted the faster year-over-year revenue change (33.6% vs 4.0%). Over the past eight quarters, Cloudflare, Inc.'s revenue compounded faster (27.4% CAGR vs 5.6%).
Kimco Realty Corporation, headquartered in Jericho, New York, is a real estate investment trust that invests in shopping centers.
Cloudflare, Inc. is an American technology company headquartered in San Francisco, California, that provides a range of internet services, including content delivery network (CDN) services, cloud cybersecurity, DDoS mitigation, and ICANN-accredited domain registration. The company's services act primarily as a reverse proxy between website visitors and a customer's hosting provider, improving performance and protecting against malicious traffic.
KIM vs NET — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $558.0M | $614.5M |
| Net Profit | $166.3M | $-12.1M |
| Gross Margin | — | 73.6% |
| Operating Margin | 37.2% | -8.0% |
| Net Margin | 29.8% | -2.0% |
| Revenue YoY | 4.0% | 33.6% |
| Net Profit YoY | 23.7% | 6.0% |
| EPS (diluted) | $0.46 | $-0.03 |
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 | $558.0M | — | ||
| Q4 25 | $542.5M | $614.5M | ||
| Q3 25 | $535.9M | $562.0M | ||
| Q2 25 | $525.2M | $512.3M | ||
| Q1 25 | $536.6M | $479.1M | ||
| Q4 24 | $525.4M | $459.9M | ||
| Q3 24 | $507.6M | $430.1M | ||
| Q2 24 | $500.2M | $401.0M |
| Q1 26 | $166.3M | — | ||
| Q4 25 | $151.2M | $-12.1M | ||
| Q3 25 | $137.8M | $-1.3M | ||
| Q2 25 | $163.0M | $-50.4M | ||
| Q1 25 | $132.8M | $-38.5M | ||
| Q4 24 | $166.0M | $-12.8M | ||
| Q3 24 | $136.0M | $-15.3M | ||
| Q2 24 | $119.7M | $-15.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% |
| Q1 26 | 37.2% | — | ||
| Q4 25 | 36.4% | -8.0% | ||
| Q3 25 | 34.9% | -6.7% | ||
| Q2 25 | 39.2% | -13.1% | ||
| Q1 25 | 33.6% | -11.1% | ||
| Q4 24 | 31.7% | -7.5% | ||
| Q3 24 | 33.7% | -7.2% | ||
| Q2 24 | 32.1% | -8.7% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 27.9% | -2.0% | ||
| Q3 25 | 25.7% | -0.2% | ||
| Q2 25 | 31.0% | -9.8% | ||
| Q1 25 | 24.8% | -8.0% | ||
| Q4 24 | 31.6% | -2.8% | ||
| Q3 24 | 26.8% | -3.6% | ||
| Q2 24 | 23.9% | -3.8% |
| Q1 26 | $0.46 | — | ||
| Q4 25 | — | $-0.03 | ||
| Q3 25 | — | $0.00 | ||
| Q2 25 | — | $-0.15 | ||
| Q1 25 | — | $-0.11 | ||
| Q4 24 | — | $-0.05 | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $943.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $10.4B | $1.5B |
| Total Assets | $19.6B | $6.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $211.6M | $943.5M | ||
| Q3 25 | $159.3M | $1.1B | ||
| Q2 25 | $226.6M | $1.5B | ||
| Q1 25 | $131.3M | $204.5M | ||
| Q4 24 | $688.6M | $147.7M | ||
| Q3 24 | $789.0M | $182.9M | ||
| Q2 24 | $126.4M | $157.0M |
| Q1 26 | — | — | ||
| Q4 25 | $7.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $10.4B | — | ||
| Q4 25 | $10.4B | $1.5B | ||
| Q3 25 | $10.5B | $1.3B | ||
| Q2 25 | $10.5B | $1.2B | ||
| Q1 25 | $10.6B | $1.4B | ||
| Q4 24 | $10.7B | $1.0B | ||
| Q3 24 | $10.5B | $973.1M | ||
| Q2 24 | $10.6B | $881.5M |
| Q1 26 | $19.6B | — | ||
| Q4 25 | $19.7B | $6.0B | ||
| Q3 25 | $19.9B | $5.8B | ||
| Q2 25 | $19.8B | $5.6B | ||
| Q1 25 | $19.7B | $3.7B | ||
| Q4 24 | $20.3B | $3.3B | ||
| Q3 24 | $20.1B | $3.1B | ||
| Q2 24 | $19.5B | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $190.4M |
| Free Cash FlowOCF − Capex | — | $105.2M |
| FCF MarginFCF / Revenue | — | 17.1% |
| Capex IntensityCapex / Revenue | — | 13.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $287.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $258.4M | $190.4M | ||
| Q3 25 | $332.4M | $167.1M | ||
| Q2 25 | $305.4M | $99.8M | ||
| Q1 25 | $223.8M | $145.8M | ||
| Q4 24 | $239.5M | $127.3M | ||
| Q3 24 | $295.9M | $104.7M | ||
| Q2 24 | $294.1M | $74.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $105.2M | ||
| Q3 25 | — | $82.5M | ||
| Q2 25 | — | $39.9M | ||
| Q1 25 | $205.4M | $59.9M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | — | $54.5M | ||
| Q2 24 | — | $45.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 17.1% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | 38.3% | 12.5% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 11.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 13.9% | ||
| Q3 25 | 0.0% | 15.1% | ||
| Q2 25 | 0.0% | 11.7% | ||
| Q1 25 | 3.4% | 17.9% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 11.7% | ||
| Q2 24 | — | 7.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.71× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KIM
| Revenues from rental properties, net | $552.8M | 99% |
| Management and other fee income | $5.2M | 1% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
