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Side-by-side financial comparison of Prairie Operating Co. (PROP) and RADWARE LTD (RDWR). Click either name above to swap in a different company.

Prairie Operating Co. is the larger business by last-quarter revenue ($77.7M vs $75.3M, roughly 1.0× RADWARE LTD). RADWARE LTD runs the higher net margin — 7.5% vs 1.7%, a 5.8% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs 7.1%).

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

Radware Ltd. is an American provider of cybersecurity and application delivery products for physical, cloud and software-defined data centers. Radware's corporate headquarters are located in Mahwah, New Jersey. The company also has offices in Europe, Africa and Asia Pacific regions. The company's global headquarters is in Israel. Radware is a member of the Rad Group of companies and its shares are traded on NASDAQ.

PROP vs RDWR — Head-to-Head

Bigger by revenue
PROP
PROP
1.0× larger
PROP
$77.7M
$75.3M
RDWR
Higher net margin
RDWR
RDWR
5.8% more per $
RDWR
7.5%
1.7%
PROP
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
7.1%
RDWR

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
PROP
PROP
RDWR
RDWR
Revenue
$77.7M
$75.3M
Net Profit
$1.3M
$5.7M
Gross Margin
80.7%
Operating Margin
34.8%
4.1%
Net Margin
1.7%
7.5%
Revenue YoY
Net Profit YoY
111.3%
EPS (diluted)
$-0.44

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.

Revenue
PROP
PROP
RDWR
RDWR
Q3 25
$77.7M
$75.3M
Q2 25
$68.1M
$74.2M
Q1 25
$13.6M
$72.1M
Q3 24
$0
$69.5M
Q2 24
$67.3M
Q1 24
$65.1M
Q3 23
$458.0K
$61.6M
Q2 23
$179.3K
$65.6M
Net Profit
PROP
PROP
RDWR
RDWR
Q3 25
$1.3M
$5.7M
Q2 25
$35.7M
$4.2M
Q1 25
$-2.6M
$4.3M
Q3 24
$-11.4M
$3.1M
Q2 24
$1.7M
Q1 24
$-1.2M
Q3 23
$-34.4M
$-6.9M
Q2 23
$-21.1M
$-5.8M
Gross Margin
PROP
PROP
RDWR
RDWR
Q3 25
80.7%
Q2 25
80.7%
Q1 25
80.6%
Q3 24
80.7%
Q2 24
80.6%
Q1 24
80.3%
Q3 23
79.2%
Q2 23
80.6%
Operating Margin
PROP
PROP
RDWR
RDWR
Q3 25
34.8%
4.1%
Q2 25
27.8%
3.8%
Q1 25
12.9%
2.2%
Q3 24
-0.0%
Q2 24
-1.8%
Q1 24
-5.6%
Q3 23
-1379.0%
-16.5%
Q2 23
-1593.5%
-13.0%
Net Margin
PROP
PROP
RDWR
RDWR
Q3 25
1.7%
7.5%
Q2 25
52.4%
5.7%
Q1 25
-19.3%
6.0%
Q3 24
4.5%
Q2 24
2.5%
Q1 24
-1.9%
Q3 23
-7515.2%
-11.1%
Q2 23
-11792.9%
-8.9%
EPS (diluted)
PROP
PROP
RDWR
RDWR
Q3 25
$-0.44
Q2 25
$0.18
Q1 25
$-3.49
Q3 24
$-0.68
Q2 24
Q1 24
Q3 23
$-5.24
Q2 23
$-5.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PROP
PROP
RDWR
RDWR
Cash + ST InvestmentsLiquidity on hand
$10.6M
$98.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$101.8M
$357.1M
Total Assets
$939.8M
$618.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PROP
PROP
RDWR
RDWR
Q3 25
$10.6M
$98.7M
Q2 25
$10.7M
$98.7M
Q1 25
$15.0M
$98.7M
Q3 24
$40.1M
$70.5M
Q2 24
$70.5M
Q1 24
$70.5M
Q3 23
$7.2M
$46.2M
Q2 23
$8.6M
$46.2M
Total Debt
PROP
PROP
RDWR
RDWR
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
$2.1M
Stockholders' Equity
PROP
PROP
RDWR
RDWR
Q3 25
$101.8M
$357.1M
Q2 25
$94.2M
$357.1M
Q1 25
$34.0M
$357.1M
Q3 24
$61.3M
$323.3M
Q2 24
$323.3M
Q1 24
$323.3M
Q3 23
$-64.0M
$368.4M
Q2 23
$8.0M
$368.4M
Total Assets
PROP
PROP
RDWR
RDWR
Q3 25
$939.8M
$618.7M
Q2 25
$858.5M
$618.7M
Q1 25
$775.4M
$618.7M
Q3 24
$107.2M
$571.9M
Q2 24
$571.9M
Q1 24
$571.9M
Q3 23
$40.1M
$643.6M
Q2 23
$16.5M
$643.6M
Debt / Equity
PROP
PROP
RDWR
RDWR
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PROP
PROP
RDWR
RDWR
Operating Cash FlowLast quarter
$57.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PROP
PROP
RDWR
RDWR
Q3 25
$57.7M
Q2 25
$-7.2M
$14.5M
Q1 25
$16.9M
$22.4M
Q3 24
$2.8M
Q2 24
$23.0M
Q1 24
Q3 23
$-2.9M
Q2 23
$-5.1M
$4.9M
Free Cash Flow
PROP
PROP
RDWR
RDWR
Q3 25
Q2 25
$11.8M
Q1 25
$21.3M
Q3 24
Q2 24
$22.0M
Q1 24
Q3 23
Q2 23
$3.3M
FCF Margin
PROP
PROP
RDWR
RDWR
Q3 25
Q2 25
15.9%
Q1 25
29.6%
Q3 24
Q2 24
32.7%
Q1 24
Q3 23
Q2 23
5.0%
Capex Intensity
PROP
PROP
RDWR
RDWR
Q3 25
Q2 25
3.6%
Q1 25
1.5%
Q3 24
Q2 24
1.5%
Q1 24
Q3 23
0.0%
Q2 23
2.4%
Cash Conversion
PROP
PROP
RDWR
RDWR
Q3 25
44.80×
Q2 25
-0.20×
3.43×
Q1 25
5.17×
Q3 24
Q2 24
13.84×
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

RDWR
RDWR

Segment breakdown not available.

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