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Side-by-side financial comparison of Cloudflare, Inc. (NET) and UNISYS CORP (UIS). Click either name above to swap in a different company.
Cloudflare, Inc. is the larger business by last-quarter revenue ($614.5M vs $574.5M, roughly 1.1× UNISYS CORP). UNISYS CORP runs the higher net margin — 3.3% vs -2.0%, a 5.2% gap on every dollar of revenue. On growth, Cloudflare, Inc. posted the faster year-over-year revenue change (33.6% vs 5.3%). Cloudflare, Inc. produced more free cash flow last quarter ($105.2M vs $97.3M). Over the past eight quarters, Cloudflare, Inc.'s revenue compounded faster (27.4% CAGR vs 8.5%).
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.
Unisys Corporation is a technology company founded in 1986 and headquartered in Blue Bell, Pennsylvania. The company provides cloud, AI, digital workplace, logistics, and enterprise computing services.
NET vs UIS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $614.5M | $574.5M |
| Net Profit | $-12.1M | $18.7M |
| Gross Margin | 73.6% | 33.9% |
| Operating Margin | -8.0% | 13.3% |
| Net Margin | -2.0% | 3.3% |
| Revenue YoY | 33.6% | 5.3% |
| Net Profit YoY | 6.0% | -37.7% |
| EPS (diluted) | $-0.03 | $0.24 |
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 | $614.5M | $574.5M | ||
| Q3 25 | $562.0M | $460.2M | ||
| Q2 25 | $512.3M | $483.3M | ||
| Q1 25 | $479.1M | $432.1M | ||
| Q4 24 | $459.9M | $545.4M | ||
| Q3 24 | $430.1M | $497.0M | ||
| Q2 24 | $401.0M | $478.2M | ||
| Q1 24 | $378.6M | $487.8M |
| Q4 25 | $-12.1M | $18.7M | ||
| Q3 25 | $-1.3M | $-308.9M | ||
| Q2 25 | $-50.4M | $-20.1M | ||
| Q1 25 | $-38.5M | $-29.5M | ||
| Q4 24 | $-12.8M | $30.0M | ||
| Q3 24 | $-15.3M | $-61.9M | ||
| Q2 24 | $-15.1M | $-12.0M | ||
| Q1 24 | $-35.5M | $-149.5M |
| Q4 25 | 73.6% | 33.9% | ||
| Q3 25 | 74.0% | 25.5% | ||
| Q2 25 | 74.9% | 26.9% | ||
| Q1 25 | 75.9% | 24.9% | ||
| Q4 24 | 76.4% | 32.1% | ||
| Q3 24 | 77.7% | 29.2% | ||
| Q2 24 | 77.8% | 27.2% | ||
| Q1 24 | 77.5% | 27.9% |
| Q4 25 | -8.0% | 13.3% | ||
| Q3 25 | -6.7% | -7.3% | ||
| Q2 25 | -13.1% | 6.3% | ||
| Q1 25 | -11.1% | 1.2% | ||
| Q4 24 | -7.5% | 8.9% | ||
| Q3 24 | -7.2% | 1.5% | ||
| Q2 24 | -8.7% | 4.9% | ||
| Q1 24 | -14.4% | 3.6% |
| Q4 25 | -2.0% | 3.3% | ||
| Q3 25 | -0.2% | -67.1% | ||
| Q2 25 | -9.8% | -4.2% | ||
| Q1 25 | -8.0% | -6.8% | ||
| Q4 24 | -2.8% | 5.5% | ||
| Q3 24 | -3.6% | -12.5% | ||
| Q2 24 | -3.8% | -2.5% | ||
| Q1 24 | -9.4% | -30.6% |
| Q4 25 | $-0.03 | $0.24 | ||
| Q3 25 | $0.00 | $-4.33 | ||
| Q2 25 | $-0.15 | $-0.28 | ||
| Q1 25 | $-0.11 | $-0.42 | ||
| Q4 24 | $-0.05 | $0.45 | ||
| Q3 24 | $-0.04 | $-0.89 | ||
| Q2 24 | $-0.04 | $-0.17 | ||
| Q1 24 | $-0.10 | $-2.18 |
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 | $413.9M |
| Total DebtLower is stronger | — | $729.0M |
| Stockholders' EquityBook value | $1.5B | $-282.6M |
| Total Assets | $6.0B | $1.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $943.5M | $413.9M | ||
| Q3 25 | $1.1B | $321.9M | ||
| Q2 25 | $1.5B | $300.8M | ||
| Q1 25 | $204.5M | $393.1M | ||
| Q4 24 | $147.7M | $376.5M | ||
| Q3 24 | $182.9M | $373.7M | ||
| Q2 24 | $157.0M | $344.9M | ||
| Q1 24 | $254.4M | $382.8M |
| Q4 25 | — | $729.0M | ||
| Q3 25 | — | $723.2M | ||
| Q2 25 | — | $692.7M | ||
| Q1 25 | — | $488.3M | ||
| Q4 24 | — | $488.2M | ||
| Q3 24 | — | $488.5M | ||
| Q2 24 | — | $489.2M | ||
| Q1 24 | — | $488.4M |
| Q4 25 | $1.5B | $-282.6M | ||
| Q3 25 | $1.3B | $-300.2M | ||
| Q2 25 | $1.2B | $-221.5M | ||
| Q1 25 | $1.4B | $-267.8M | ||
| Q4 24 | $1.0B | $-283.4M | ||
| Q3 24 | $973.1M | $-202.2M | ||
| Q2 24 | $881.5M | $-174.1M | ||
| Q1 24 | $797.2M | $-158.6M |
| Q4 25 | $6.0B | $1.8B | ||
| Q3 25 | $5.8B | $1.7B | ||
| Q2 25 | $5.6B | $1.8B | ||
| Q1 25 | $3.7B | $1.8B | ||
| Q4 24 | $3.3B | $1.9B | ||
| Q3 24 | $3.1B | $1.9B | ||
| Q2 24 | $2.9B | $1.9B | ||
| Q1 24 | $2.8B | $1.9B |
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 | $104.9M |
| Free Cash FlowOCF − Capex | $105.2M | $97.3M |
| FCF MarginFCF / Revenue | 17.1% | 16.9% |
| Capex IntensityCapex / Revenue | 13.9% | 1.3% |
| Cash ConversionOCF / Net Profit | — | 5.61× |
| TTM Free Cash FlowTrailing 4 quarters | $287.5M | $-170.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $190.4M | $104.9M | ||
| Q3 25 | $167.1M | $38.0M | ||
| Q2 25 | $99.8M | $-316.2M | ||
| Q1 25 | $145.8M | $33.3M | ||
| Q4 24 | $127.3M | $76.6M | ||
| Q3 24 | $104.7M | $32.0M | ||
| Q2 24 | $74.8M | $2.7M | ||
| Q1 24 | $73.6M | $23.8M |
| Q4 25 | $105.2M | $97.3M | ||
| Q3 25 | $82.5M | $32.4M | ||
| Q2 25 | $39.9M | $-324.1M | ||
| Q1 25 | $59.9M | $24.4M | ||
| Q4 24 | $54.2M | $66.5M | ||
| Q3 24 | $54.5M | $25.2M | ||
| Q2 24 | $45.2M | $-6.0M | ||
| Q1 24 | $41.5M | $17.1M |
| Q4 25 | 17.1% | 16.9% | ||
| Q3 25 | 14.7% | 7.0% | ||
| Q2 25 | 7.8% | -67.1% | ||
| Q1 25 | 12.5% | 5.6% | ||
| Q4 24 | 11.8% | 12.2% | ||
| Q3 24 | 12.7% | 5.1% | ||
| Q2 24 | 11.3% | -1.3% | ||
| Q1 24 | 11.0% | 3.5% |
| Q4 25 | 13.9% | 1.3% | ||
| Q3 25 | 15.1% | 1.2% | ||
| Q2 25 | 11.7% | 1.6% | ||
| Q1 25 | 17.9% | 2.1% | ||
| Q4 24 | 15.9% | 1.9% | ||
| Q3 24 | 11.7% | 1.4% | ||
| Q2 24 | 7.4% | 1.8% | ||
| Q1 24 | 8.5% | 1.4% |
| Q4 25 | — | 5.61× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.55× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
UIS
Segment breakdown not available.
