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Side-by-side financial comparison of Cloudflare, Inc. (NET) and UNIVERSAL CORP (UVV). Click either name above to swap in a different company.
UNIVERSAL CORP is the larger business by last-quarter revenue ($853.2M vs $614.5M, roughly 1.4× Cloudflare, Inc.). UNIVERSAL CORP runs the higher net margin — 3.9% vs -2.0%, a 5.9% gap on every dollar of revenue. On growth, Cloudflare, Inc. posted the faster year-over-year revenue change (33.6% vs -8.1%). Cloudflare, Inc. produced more free cash flow last quarter ($105.2M vs $95.1M). Over the past eight quarters, Cloudflare, Inc.'s revenue compounded faster (27.4% CAGR vs 6.2%).
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.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
NET vs UVV — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $614.5M | $853.2M |
| Net Profit | $-12.1M | $33.2M |
| Gross Margin | 73.6% | 17.8% |
| Operating Margin | -8.0% | 9.6% |
| Net Margin | -2.0% | 3.9% |
| Revenue YoY | 33.6% | -8.1% |
| Net Profit YoY | 6.0% | -44.2% |
| EPS (diluted) | $-0.03 | $1.32 |
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 | $853.2M | ||
| Q3 25 | $562.0M | $749.4M | ||
| Q2 25 | $512.3M | $592.6M | ||
| Q1 25 | $479.1M | $690.2M | ||
| Q4 24 | $459.9M | $928.0M | ||
| Q3 24 | $430.1M | $708.4M | ||
| Q2 24 | $401.0M | $596.4M | ||
| Q1 24 | $378.6M | $756.3M |
| Q4 25 | $-12.1M | $33.2M | ||
| Q3 25 | $-1.3M | $34.2M | ||
| Q2 25 | $-50.4M | $8.5M | ||
| Q1 25 | $-38.5M | $9.3M | ||
| Q4 24 | $-12.8M | $59.6M | ||
| Q3 24 | $-15.3M | $25.9M | ||
| Q2 24 | $-15.1M | $130.0K | ||
| Q1 24 | $-35.5M | $40.3M |
| Q4 25 | 73.6% | 17.8% | ||
| Q3 25 | 74.0% | 18.0% | ||
| Q2 25 | 74.9% | 19.1% | ||
| Q1 25 | 75.9% | 15.1% | ||
| Q4 24 | 76.4% | 19.9% | ||
| Q3 24 | 77.7% | 19.9% | ||
| Q2 24 | 77.8% | 16.0% | ||
| Q1 24 | 77.5% | 18.0% |
| Q4 25 | -8.0% | 9.6% | ||
| Q3 25 | -6.7% | 9.0% | ||
| Q2 25 | -13.1% | 5.7% | ||
| Q1 25 | -11.1% | 6.2% | ||
| Q4 24 | -7.5% | 11.2% | ||
| Q3 24 | -7.2% | 9.7% | ||
| Q2 24 | -8.7% | 2.9% | ||
| Q1 24 | -14.4% | 9.0% |
| Q4 25 | -2.0% | 3.9% | ||
| Q3 25 | -0.2% | 4.6% | ||
| Q2 25 | -9.8% | 1.4% | ||
| Q1 25 | -8.0% | 1.4% | ||
| Q4 24 | -2.8% | 6.4% | ||
| Q3 24 | -3.6% | 3.7% | ||
| Q2 24 | -3.8% | 0.0% | ||
| Q1 24 | -9.4% | 5.3% |
| Q4 25 | $-0.03 | $1.32 | ||
| Q3 25 | $0.00 | $1.36 | ||
| Q2 25 | $-0.15 | $0.34 | ||
| Q1 25 | $-0.11 | $0.37 | ||
| Q4 24 | $-0.05 | $2.37 | ||
| Q3 24 | $-0.04 | $1.03 | ||
| Q2 24 | $-0.04 | $0.01 | ||
| Q1 24 | $-0.10 | $1.62 |
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 | $85.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $1.5B |
| Total Assets | $6.0B | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $943.5M | $85.2M | ||
| Q3 25 | $1.1B | $88.7M | ||
| Q2 25 | $1.5B | $178.4M | ||
| Q1 25 | $204.5M | $260.1M | ||
| Q4 24 | $147.7M | $215.1M | ||
| Q3 24 | $182.9M | $80.1M | ||
| Q2 24 | $157.0M | $101.7M | ||
| Q1 24 | $254.4M | $55.6M |
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $973.1M | $1.4B | ||
| Q2 24 | $881.5M | $1.4B | ||
| Q1 24 | $797.2M | $1.4B |
| Q4 25 | $6.0B | $3.0B | ||
| Q3 25 | $5.8B | $3.1B | ||
| Q2 25 | $5.6B | $3.2B | ||
| Q1 25 | $3.7B | $3.0B | ||
| Q4 24 | $3.3B | $3.0B | ||
| Q3 24 | $3.1B | $3.0B | ||
| Q2 24 | $2.9B | $3.0B | ||
| Q1 24 | $2.8B | $2.9B |
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 | $114.3M |
| Free Cash FlowOCF − Capex | $105.2M | $95.1M |
| FCF MarginFCF / Revenue | 17.1% | 11.1% |
| Capex IntensityCapex / Revenue | 13.9% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 3.44× |
| TTM Free Cash FlowTrailing 4 quarters | $287.5M | $52.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $190.4M | $114.3M | ||
| Q3 25 | $167.1M | $32.7M | ||
| Q2 25 | $99.8M | $-205.1M | ||
| Q1 25 | $145.8M | $158.7M | ||
| Q4 24 | $127.3M | $215.6M | ||
| Q3 24 | $104.7M | $15.0M | ||
| Q2 24 | $74.8M | $-62.4M | ||
| Q1 24 | $73.6M | $-27.9M |
| Q4 25 | $105.2M | $95.1M | ||
| Q3 25 | $82.5M | $23.7M | ||
| Q2 25 | $39.9M | $-217.2M | ||
| Q1 25 | $59.9M | $151.0M | ||
| Q4 24 | $54.2M | $199.6M | ||
| Q3 24 | $54.5M | $-1.0M | ||
| Q2 24 | $45.2M | $-85.2M | ||
| Q1 24 | $41.5M | $-46.2M |
| Q4 25 | 17.1% | 11.1% | ||
| Q3 25 | 14.7% | 3.2% | ||
| Q2 25 | 7.8% | -36.6% | ||
| Q1 25 | 12.5% | 21.9% | ||
| Q4 24 | 11.8% | 21.5% | ||
| Q3 24 | 12.7% | -0.1% | ||
| Q2 24 | 11.3% | -14.3% | ||
| Q1 24 | 11.0% | -6.1% |
| Q4 25 | 13.9% | 2.3% | ||
| Q3 25 | 15.1% | 1.2% | ||
| Q2 25 | 11.7% | 2.0% | ||
| Q1 25 | 17.9% | 1.1% | ||
| Q4 24 | 15.9% | 1.7% | ||
| Q3 24 | 11.7% | 2.3% | ||
| Q2 24 | 7.4% | 3.8% | ||
| Q1 24 | 8.5% | 2.4% |
| Q4 25 | — | 3.44× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | -24.14× | ||
| Q1 25 | — | 17.00× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | -480.34× | ||
| Q1 24 | — | -0.69× |
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% |
UVV
| Tobacco Operations | $779.9M | 91% |
| Service Other | $36.7M | 4% |
| Other | $17.8M | 2% |
