| Stage | FANG | % of rev | MQ | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $5.6B | 100.00% | $176M | 100.00% | FANG ×31.57 |
| Gross profit | $4.7B | 84.84% | $122M | 69.30% | FANG +15.5pp |
| Operating income | $2.5B | 45.16% | $6M | 3.56% | FANG +41.6pp |
| Pre-tax income | $2.6B | 47.38% | $11M | 6.27% | FANG +41.1pp |
| Net income | $2.1B | 36.95% | $115M | 65.53% | MQ +28.6pp |
| Stage | FANG | MQ | Gap · A − B |
|---|---|---|---|
| Revenue | $5.6B100.00% | $176M100.00% | FANG ×31.57 |
| Gross profit | 84.84%$4.7B | 69.30%$122M | FANG +15.5pp |
| Operating income | 45.16%$2.5B | 3.56%$6M | FANG +41.6pp |
| Pre-tax income | 47.38%$2.6B | 6.27%$11M | FANG +41.1pp |
| Net income |
| 36.95%$2.1B |
| 65.53%$115M |
| MQ +28.6pp |