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Side-by-side financial comparison of Cloudflare, Inc. (NET) and Schneider National, Inc. (SNDR). Click either name above to swap in a different company.
Schneider National, Inc. is the larger business by last-quarter revenue ($1.2B vs $639.8M, roughly 1.9× Cloudflare, Inc.). Schneider National, Inc. runs the higher net margin — 1.6% vs -3.6%, a 5.2% gap on every dollar of revenue. On growth, Cloudflare, Inc. posted the faster year-over-year revenue change (33.5% vs -1.2%). Cloudflare, Inc. produced more free cash flow last quarter ($84.1M vs $48.1M). Over the past eight quarters, Cloudflare, Inc.'s revenue compounded faster (26.3% CAGR vs -2.8%).
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.
Schneider National, Inc. is an American transportation company that provides truckload, intermodal, and logistics services. Schneider's services include regional, long-haul, expedited, dedicated, bulk, intermodal, brokerage, cross-dock logistics, pool point distribution, supply chain management, and port logistics.
NET vs SNDR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $639.8M | $1.2B |
| Net Profit | $-22.9M | $20.4M |
| Gross Margin | 71.2% | — |
| Operating Margin | 19.1% | 2.7% |
| Net Margin | -3.6% | 1.6% |
| Revenue YoY | 33.5% | -1.2% |
| Net Profit YoY | 40.4% | -21.8% |
| EPS (diluted) | $-0.07 | $0.12 |
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 | $639.8M | $1.2B | ||
| Q4 25 | $614.5M | $1.4B | ||
| Q3 25 | $562.0M | $1.5B | ||
| Q2 25 | $512.3M | $1.4B | ||
| Q1 25 | $479.1M | $1.4B | ||
| Q4 24 | $459.9M | $1.3B | ||
| Q3 24 | $430.1M | $1.3B | ||
| Q2 24 | $401.0M | $1.3B |
| Q1 26 | $-22.9M | $20.4M | ||
| Q4 25 | $-12.1M | $22.1M | ||
| Q3 25 | $-1.3M | $19.4M | ||
| Q2 25 | $-50.4M | $36.0M | ||
| Q1 25 | $-38.5M | $26.1M | ||
| Q4 24 | $-12.8M | $32.6M | ||
| Q3 24 | $-15.3M | $30.6M | ||
| Q2 24 | $-15.1M | $35.3M |
| Q1 26 | 71.2% | — | ||
| 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 | 19.1% | 2.7% | ||
| Q4 25 | -8.0% | 2.6% | ||
| Q3 25 | -6.7% | 2.4% | ||
| Q2 25 | -13.1% | 3.9% | ||
| Q1 25 | -11.1% | 3.0% | ||
| Q4 24 | -7.5% | 3.2% | ||
| Q3 24 | -7.2% | 3.3% | ||
| Q2 24 | -8.7% | 3.9% |
| Q1 26 | -3.6% | 1.6% | ||
| Q4 25 | -2.0% | 1.6% | ||
| Q3 25 | -0.2% | 1.3% | ||
| Q2 25 | -9.8% | 2.5% | ||
| Q1 25 | -8.0% | 1.9% | ||
| Q4 24 | -2.8% | 2.4% | ||
| Q3 24 | -3.6% | 2.3% | ||
| Q2 24 | -3.8% | 2.7% |
| Q1 26 | $-0.07 | $0.12 | ||
| Q4 25 | $-0.03 | $0.13 | ||
| Q3 25 | $0.00 | $0.11 | ||
| Q2 25 | $-0.15 | $0.20 | ||
| Q1 25 | $-0.11 | $0.15 | ||
| Q4 24 | $-0.05 | $0.19 | ||
| Q3 24 | $-0.04 | $0.17 | ||
| Q2 24 | $-0.04 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $932.2M | $227.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $3.0B |
| Total Assets | $6.2B | $4.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $932.2M | $227.8M | ||
| Q4 25 | $943.5M | $41.8M | ||
| Q3 25 | $1.1B | $235.7M | ||
| Q2 25 | $1.5B | $205.1M | ||
| Q1 25 | $204.5M | $154.3M | ||
| Q4 24 | $147.7M | $165.5M | ||
| Q3 24 | $182.9M | $231.6M | ||
| Q2 24 | $157.0M | $157.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $390.9M | ||
| Q3 25 | — | $509.8M | ||
| Q2 25 | — | $512.7M | ||
| Q1 25 | — | $565.8M | ||
| Q4 24 | — | $420.8M | ||
| Q3 24 | — | $124.7M | ||
| Q2 24 | — | $125.8M |
| Q1 26 | $1.5B | $3.0B | ||
| Q4 25 | $1.5B | $3.0B | ||
| Q3 25 | $1.3B | $3.0B | ||
| Q2 25 | $1.2B | $3.0B | ||
| Q1 25 | $1.4B | $3.0B | ||
| Q4 24 | $1.0B | $3.0B | ||
| Q3 24 | $973.1M | $3.0B | ||
| Q2 24 | $881.5M | $3.0B |
| Q1 26 | $6.2B | $4.9B | ||
| Q4 25 | $6.0B | $4.8B | ||
| Q3 25 | $5.8B | $5.0B | ||
| Q2 25 | $5.6B | $5.0B | ||
| Q1 25 | $3.7B | $5.0B | ||
| Q4 24 | $3.3B | $4.9B | ||
| Q3 24 | $3.1B | $4.6B | ||
| Q2 24 | $2.9B | $4.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× |
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 | $158.3M | $92.9M |
| Free Cash FlowOCF − Capex | $84.1M | $48.1M |
| FCF MarginFCF / Revenue | 13.1% | 3.9% |
| Capex IntensityCapex / Revenue | — | 3.6% |
| Cash ConversionOCF / Net Profit | — | 4.55× |
| TTM Free Cash FlowTrailing 4 quarters | $311.7M | $356.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $158.3M | $92.9M | ||
| Q4 25 | $190.4M | $186.0M | ||
| Q3 25 | $167.1M | $184.2M | ||
| Q2 25 | $99.8M | $175.5M | ||
| Q1 25 | $145.8M | $91.7M | ||
| Q4 24 | $127.3M | $199.5M | ||
| Q3 24 | $104.7M | $206.4M | ||
| Q2 24 | $74.8M | $182.6M |
| Q1 26 | $84.1M | $48.1M | ||
| Q4 25 | $105.2M | $145.5M | ||
| Q3 25 | $82.5M | $56.2M | ||
| Q2 25 | $39.9M | $106.4M | ||
| Q1 25 | $59.9M | $-22.7M | ||
| Q4 24 | $54.2M | $113.6M | ||
| Q3 24 | $54.5M | $98.7M | ||
| Q2 24 | $45.2M | $85.5M |
| Q1 26 | 13.1% | 3.9% | ||
| Q4 25 | 17.1% | 10.4% | ||
| Q3 25 | 14.7% | 3.9% | ||
| Q2 25 | 7.8% | 7.5% | ||
| Q1 25 | 12.5% | -1.6% | ||
| Q4 24 | 11.8% | 8.5% | ||
| Q3 24 | 12.7% | 7.5% | ||
| Q2 24 | 11.3% | 6.5% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 13.9% | 2.9% | ||
| Q3 25 | 15.1% | 8.8% | ||
| Q2 25 | 11.7% | 4.9% | ||
| Q1 25 | 17.9% | 8.2% | ||
| Q4 24 | 15.9% | 6.4% | ||
| Q3 24 | 11.7% | 8.2% | ||
| Q2 24 | 7.4% | 7.4% |
| Q1 26 | — | 4.55× | ||
| Q4 25 | — | 8.42× | ||
| Q3 25 | — | 9.49× | ||
| Q2 25 | — | 4.88× | ||
| Q1 25 | — | 3.51× | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | — | 6.75× | ||
| Q2 24 | — | 5.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
