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Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and Nextpower Inc. (NXT). Click either name above to swap in a different company.
Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $909.4M, roughly 1.1× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs -1.1%, a 15.5% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 33.9%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs 11.1%).
Alignment Healthcare, Inc. is a U.S.-based healthcare provider offering Medicare Advantage plans for seniors. It adopts a value-based care model, partnering with local providers to deliver personalized coordinated medical services, prescription drug coverage and supplemental benefits to members across multiple U.S. states.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
ALHC vs NXT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $1.0B | $909.4M |
| Net Profit | $-11.0M | $131.2M |
| Gross Margin | — | 31.7% |
| Operating Margin | -1.0% | 19.4% |
| Net Margin | -1.1% | 14.4% |
| Revenue YoY | 44.4% | 33.9% |
| Net Profit YoY | 64.6% | 13.8% |
| EPS (diluted) | $-0.04 | $0.85 |
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 | $1.0B | $909.4M | ||
| Q3 25 | $993.7M | $905.3M | ||
| Q2 25 | $1.0B | $864.3M | ||
| Q1 25 | $926.9M | $924.3M | ||
| Q4 24 | $701.2M | $679.4M | ||
| Q3 24 | $692.4M | $635.6M | ||
| Q2 24 | $681.3M | $719.9M | ||
| Q1 24 | $628.6M | $736.5M |
| Q4 25 | $-11.0M | $131.2M | ||
| Q3 25 | $3.7M | $146.9M | ||
| Q2 25 | $15.7M | $157.2M | ||
| Q1 25 | $-9.1M | $156.8M | ||
| Q4 24 | $-31.1M | $115.3M | ||
| Q3 24 | $-26.4M | $115.4M | ||
| Q2 24 | $-24.0M | $121.7M | ||
| Q1 24 | $-46.5M | $205.2M |
| Q4 25 | — | 31.7% | ||
| Q3 25 | — | 32.4% | ||
| Q2 25 | — | 32.6% | ||
| Q1 25 | — | 33.1% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 35.4% | ||
| Q2 24 | — | 33.0% | ||
| Q1 24 | — | 46.2% |
| Q4 25 | -1.0% | 19.4% | ||
| Q3 25 | 0.8% | 20.0% | ||
| Q2 25 | 2.2% | 21.5% | ||
| Q1 25 | -0.6% | 21.1% | ||
| Q4 24 | -3.2% | 22.1% | ||
| Q3 24 | -2.8% | 21.0% | ||
| Q2 24 | -2.7% | 22.2% | ||
| Q1 24 | -6.5% | 36.8% |
| Q4 25 | -1.1% | 14.4% | ||
| Q3 25 | 0.4% | 16.2% | ||
| Q2 25 | 1.5% | 18.2% | ||
| Q1 25 | -1.0% | 17.0% | ||
| Q4 24 | -4.4% | 17.0% | ||
| Q3 24 | -3.8% | 18.2% | ||
| Q2 24 | -3.5% | 16.9% | ||
| Q1 24 | -7.4% | 27.9% |
| Q4 25 | $-0.04 | $0.85 | ||
| Q3 25 | $0.02 | $0.97 | ||
| Q2 25 | $0.07 | $1.04 | ||
| Q1 25 | $-0.05 | $1.05 | ||
| Q4 24 | $-0.15 | $0.79 | ||
| Q3 24 | $-0.14 | $0.79 | ||
| Q2 24 | $-0.13 | $0.84 | ||
| Q1 24 | $-0.25 | $1.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $604.2M | $952.6M |
| Total DebtLower is stronger | $323.2M | — |
| Stockholders' EquityBook value | $179.3M | $2.2B |
| Total Assets | $1.1B | $3.8B |
| Debt / EquityLower = less leverage | 1.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $604.2M | $952.6M | ||
| Q3 25 | $644.1M | $845.3M | ||
| Q2 25 | $503.8M | $743.4M | ||
| Q1 25 | $479.5M | $766.1M | ||
| Q4 24 | $470.6M | $693.5M | ||
| Q3 24 | $381.0M | $561.9M | ||
| Q2 24 | $363.7M | $471.9M | ||
| Q1 24 | $301.7M | $474.1M |
| Q4 25 | $323.2M | — | ||
| Q3 25 | $322.7M | — | ||
| Q2 25 | $322.3M | — | ||
| Q1 25 | $321.9M | — | ||
| Q4 24 | $321.4M | — | ||
| Q3 24 | $212.0M | — | ||
| Q2 24 | $211.7M | — | ||
| Q1 24 | $162.0M | — |
| Q4 25 | $179.3M | $2.2B | ||
| Q3 25 | $161.9M | $2.0B | ||
| Q2 25 | $141.0M | $1.8B | ||
| Q1 25 | $108.1M | $1.6B | ||
| Q4 24 | $99.9M | $1.4B | ||
| Q3 24 | $114.5M | $1.3B | ||
| Q2 24 | $123.7M | $1.1B | ||
| Q1 24 | $130.9M | $961.0M |
| Q4 25 | $1.1B | $3.8B | ||
| Q3 25 | $1.1B | $3.7B | ||
| Q2 25 | $1.0B | $3.4B | ||
| Q1 25 | $895.6M | $3.2B | ||
| Q4 24 | $782.1M | $3.0B | ||
| Q3 24 | $692.3M | $2.8B | ||
| Q2 24 | $716.3M | $2.6B | ||
| Q1 24 | $633.2M | $2.5B |
| Q4 25 | 1.80× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.98× | — | ||
| Q4 24 | 3.22× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.71× | — | ||
| Q1 24 | 1.24× | — |
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 | $-50.4M | $123.3M |
| Free Cash FlowOCF − Capex | $-55.4M | $118.5M |
| FCF MarginFCF / Revenue | -5.5% | 13.0% |
| Capex IntensityCapex / Revenue | 0.5% | 0.5% |
| Cash ConversionOCF / Net Profit | — | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $113.1M | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-50.4M | $123.3M | ||
| Q3 25 | $144.6M | $186.9M | ||
| Q2 25 | $29.1M | $81.3M | ||
| Q1 25 | $16.6M | $237.3M | ||
| Q4 24 | $-8.7M | $143.8M | ||
| Q3 24 | $26.2M | $153.8M | ||
| Q2 24 | $23.5M | $120.8M | ||
| Q1 24 | $-6.2M | $111.5M |
| Q4 25 | $-55.4M | $118.5M | ||
| Q3 25 | $139.1M | $171.4M | ||
| Q2 25 | $21.1M | $70.1M | ||
| Q1 25 | $8.4M | $227.2M | ||
| Q4 24 | $-18.0M | $134.9M | ||
| Q3 24 | $16.9M | $141.8M | ||
| Q2 24 | $11.8M | $118.0M | ||
| Q1 24 | $-17.4M | $109.2M |
| Q4 25 | -5.5% | 13.0% | ||
| Q3 25 | 14.0% | 18.9% | ||
| Q2 25 | 2.1% | 8.1% | ||
| Q1 25 | 0.9% | 24.6% | ||
| Q4 24 | -2.6% | 19.9% | ||
| Q3 24 | 2.4% | 22.3% | ||
| Q2 24 | 1.7% | 16.4% | ||
| Q1 24 | -2.8% | 14.8% |
| Q4 25 | 0.5% | 0.5% | ||
| Q3 25 | 0.6% | 1.7% | ||
| Q2 25 | 0.8% | 1.3% | ||
| Q1 25 | 0.9% | 1.1% | ||
| Q4 24 | 1.3% | 1.3% | ||
| Q3 24 | 1.3% | 1.9% | ||
| Q2 24 | 1.7% | 0.4% | ||
| Q1 24 | 1.8% | 0.3% |
| Q4 25 | — | 0.94× | ||
| Q3 25 | 38.77× | 1.27× | ||
| Q2 25 | 1.86× | 0.52× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | — | 0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALHC
Segment breakdown not available.
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |