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Side-by-side financial comparison of Cloudflare, Inc. (NET) and PROSPERITY BANCSHARES INC (PB). Click either name above to swap in a different company.
Cloudflare, Inc. is the larger business by last-quarter revenue ($614.5M vs $367.6M, roughly 1.7× PROSPERITY BANCSHARES INC). PROSPERITY BANCSHARES INC runs the higher net margin — 31.6% vs -2.0%, a 33.6% gap on every dollar of revenue. Over the past eight quarters, Cloudflare, Inc.'s revenue compounded faster (27.4% CAGR vs 19.2%).
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.
Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...
NET vs PB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $614.5M | $367.6M |
| Net Profit | $-12.1M | $116.3M |
| Gross Margin | 73.6% | — |
| Operating Margin | -8.0% | — |
| Net Margin | -2.0% | 31.6% |
| Revenue YoY | 33.6% | — |
| Net Profit YoY | 6.0% | -10.7% |
| EPS (diluted) | $-0.03 | $1.16 |
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 | — | $367.6M | ||
| Q4 25 | $614.5M | $275.0M | ||
| Q3 25 | $562.0M | $273.4M | ||
| Q2 25 | $512.3M | $267.7M | ||
| Q1 25 | $479.1M | $265.4M | ||
| Q4 24 | $459.9M | $267.8M | ||
| Q3 24 | $430.1M | $261.7M | ||
| Q2 24 | $401.0M | $258.8M |
| Q1 26 | — | $116.3M | ||
| Q4 25 | $-12.1M | $139.9M | ||
| Q3 25 | $-1.3M | $137.6M | ||
| Q2 25 | $-50.4M | $135.2M | ||
| Q1 25 | $-38.5M | $130.2M | ||
| Q4 24 | $-12.8M | $130.1M | ||
| Q3 24 | $-15.3M | $127.3M | ||
| Q2 24 | $-15.1M | $111.6M |
| 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 | — | — | ||
| Q4 25 | -8.0% | 65.1% | ||
| Q3 25 | -6.7% | 64.4% | ||
| Q2 25 | -13.1% | 64.3% | ||
| Q1 25 | -11.1% | 62.7% | ||
| Q4 24 | -7.5% | 62.0% | ||
| Q3 24 | -7.2% | 62.1% | ||
| Q2 24 | -8.7% | 55.2% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | -2.0% | 50.9% | ||
| Q3 25 | -0.2% | 50.3% | ||
| Q2 25 | -9.8% | 50.5% | ||
| Q1 25 | -8.0% | 49.1% | ||
| Q4 24 | -2.8% | 48.6% | ||
| Q3 24 | -3.6% | 48.6% | ||
| Q2 24 | -3.8% | 43.1% |
| Q1 26 | — | $1.16 | ||
| Q4 25 | $-0.03 | $1.48 | ||
| Q3 25 | $0.00 | $1.45 | ||
| Q2 25 | $-0.15 | $1.42 | ||
| Q1 25 | $-0.11 | $1.37 | ||
| Q4 24 | $-0.05 | $1.36 | ||
| Q3 24 | $-0.04 | $1.34 | ||
| Q2 24 | $-0.04 | $1.17 |
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 | $1.5B | $8.2B |
| Total Assets | $6.0B | $43.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $943.5M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $204.5M | — | ||
| Q4 24 | $147.7M | — | ||
| Q3 24 | $182.9M | — | ||
| Q2 24 | $157.0M | — |
| Q1 26 | — | $8.2B | ||
| Q4 25 | $1.5B | $7.6B | ||
| Q3 25 | $1.3B | $7.7B | ||
| Q2 25 | $1.2B | $7.6B | ||
| Q1 25 | $1.4B | $7.5B | ||
| Q4 24 | $1.0B | $7.4B | ||
| Q3 24 | $973.1M | $7.4B | ||
| Q2 24 | $881.5M | $7.3B |
| Q1 26 | — | $43.6B | ||
| Q4 25 | $6.0B | $38.5B | ||
| Q3 25 | $5.8B | $38.3B | ||
| Q2 25 | $5.6B | $38.4B | ||
| Q1 25 | $3.7B | $38.8B | ||
| Q4 24 | $3.3B | $39.6B | ||
| Q3 24 | $3.1B | $40.1B | ||
| Q2 24 | $2.9B | $39.8B |
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 | $190.4M | $78.3M | ||
| Q3 25 | $167.1M | $194.8M | ||
| Q2 25 | $99.8M | $98.2M | ||
| Q1 25 | $145.8M | $178.2M | ||
| Q4 24 | $127.3M | $-205.8M | ||
| Q3 24 | $104.7M | $274.6M | ||
| Q2 24 | $74.8M | $216.5M |
| Q1 26 | — | — | ||
| Q4 25 | $105.2M | $68.5M | ||
| Q3 25 | $82.5M | $185.7M | ||
| Q2 25 | $39.9M | $91.8M | ||
| Q1 25 | $59.9M | $171.1M | ||
| Q4 24 | $54.2M | $-210.7M | ||
| Q3 24 | $54.5M | $270.2M | ||
| Q2 24 | $45.2M | $211.8M |
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | 24.9% | ||
| Q3 25 | 14.7% | 67.9% | ||
| Q2 25 | 7.8% | 34.3% | ||
| Q1 25 | 12.5% | 64.5% | ||
| Q4 24 | 11.8% | -78.7% | ||
| Q3 24 | 12.7% | 103.3% | ||
| Q2 24 | 11.3% | 81.8% |
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 3.6% | ||
| Q3 25 | 15.1% | 3.3% | ||
| Q2 25 | 11.7% | 2.4% | ||
| Q1 25 | 17.9% | 2.7% | ||
| Q4 24 | 15.9% | 1.8% | ||
| Q3 24 | 11.7% | 1.7% | ||
| Q2 24 | 7.4% | 1.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 1.42× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 1.37× | ||
| Q4 24 | — | -1.58× | ||
| Q3 24 | — | 2.16× | ||
| Q2 24 | — | 1.94× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
PB
| Net Interest Income | $321.1M | 87% |
| Noninterest Income | $46.5M | 13% |
