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Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and Nextpower Inc. (NXT). Click either name above to swap in a different company.
AMERICAN AXLE & MANUFACTURING HOLDINGS INC is the larger business by last-quarter revenue ($1.4B vs $909.4M, roughly 1.5× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs -5.4%, a 19.9% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 0.2%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $54.7M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs -7.2%).
American Axle & Manufacturing, Inc. (AAM), headquartered in Detroit, Michigan, is an American manufacturer of automobile driveline and drivetrain components and systems.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
AXL vs NXT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $909.4M |
| Net Profit | $-75.3M | $131.2M |
| Gross Margin | 10.2% | 31.7% |
| Operating Margin | -2.4% | 19.4% |
| Net Margin | -5.4% | 14.4% |
| Revenue YoY | 0.2% | 33.9% |
| Net Profit YoY | -449.6% | 13.8% |
| EPS (diluted) | $-0.62 | $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 | $1.4B | $909.4M | ||
| Q3 25 | $1.5B | $905.3M | ||
| Q2 25 | $1.5B | $864.3M | ||
| Q1 25 | $1.4B | $924.3M | ||
| Q4 24 | $1.4B | $679.4M | ||
| Q3 24 | $1.5B | $635.6M | ||
| Q2 24 | $1.6B | $719.9M | ||
| Q1 24 | $1.6B | $736.5M |
| Q4 25 | $-75.3M | $131.2M | ||
| Q3 25 | $9.2M | $146.9M | ||
| Q2 25 | $39.3M | $157.2M | ||
| Q1 25 | $7.1M | $156.8M | ||
| Q4 24 | $-13.7M | $115.3M | ||
| Q3 24 | $10.0M | $115.4M | ||
| Q2 24 | $18.2M | $121.7M | ||
| Q1 24 | $20.5M | $205.2M |
| Q4 25 | 10.2% | 31.7% | ||
| Q3 25 | 12.6% | 32.4% | ||
| Q2 25 | 13.1% | 32.6% | ||
| Q1 25 | 12.3% | 33.1% | ||
| Q4 24 | 11.2% | 35.5% | ||
| Q3 24 | 11.4% | 35.4% | ||
| Q2 24 | 13.3% | 33.0% | ||
| Q1 24 | 12.4% | 46.2% |
| Q4 25 | -2.4% | 19.4% | ||
| Q3 25 | 3.2% | 20.0% | ||
| Q2 25 | 3.6% | 21.5% | ||
| Q1 25 | 3.0% | 21.1% | ||
| Q4 24 | 2.6% | 22.1% | ||
| Q3 24 | 2.8% | 21.0% | ||
| Q2 24 | 5.3% | 22.2% | ||
| Q1 24 | 4.8% | 36.8% |
| Q4 25 | -5.4% | 14.4% | ||
| Q3 25 | 0.6% | 16.2% | ||
| Q2 25 | 2.6% | 18.2% | ||
| Q1 25 | 0.5% | 17.0% | ||
| Q4 24 | -1.0% | 17.0% | ||
| Q3 24 | 0.7% | 18.2% | ||
| Q2 24 | 1.1% | 16.9% | ||
| Q1 24 | 1.3% | 27.9% |
| Q4 25 | $-0.62 | $0.85 | ||
| Q3 25 | $0.07 | $0.97 | ||
| Q2 25 | $0.32 | $1.04 | ||
| Q1 25 | $0.06 | $1.05 | ||
| Q4 24 | $-0.11 | $0.79 | ||
| Q3 24 | $0.08 | $0.79 | ||
| Q2 24 | $0.15 | $0.84 | ||
| Q1 24 | $0.17 | $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 | $708.9M | $952.6M |
| Total DebtLower is stronger | $4.0B | — |
| Stockholders' EquityBook value | $640.0M | $2.2B |
| Total Assets | $6.7B | $3.8B |
| Debt / EquityLower = less leverage | 6.31× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $708.9M | $952.6M | ||
| Q3 25 | $714.1M | $845.3M | ||
| Q2 25 | $586.5M | $743.4M | ||
| Q1 25 | $549.2M | $766.1M | ||
| Q4 24 | $552.9M | $693.5M | ||
| Q3 24 | $542.5M | $561.9M | ||
| Q2 24 | $519.9M | $471.9M | ||
| Q1 24 | $469.8M | $474.1M |
| Q4 25 | $4.0B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
| Q4 25 | $640.0M | $2.2B | ||
| Q3 25 | $718.4M | $2.0B | ||
| Q2 25 | $673.0M | $1.8B | ||
| Q1 25 | $596.3M | $1.6B | ||
| Q4 24 | $562.8M | $1.4B | ||
| Q3 24 | $616.3M | $1.3B | ||
| Q2 24 | $609.6M | $1.1B | ||
| Q1 24 | $621.4M | $961.0M |
| Q4 25 | $6.7B | $3.8B | ||
| Q3 25 | $5.3B | $3.7B | ||
| Q2 25 | $5.3B | $3.4B | ||
| Q1 25 | $5.1B | $3.2B | ||
| Q4 24 | $5.1B | $3.0B | ||
| Q3 24 | $5.3B | $2.8B | ||
| Q2 24 | $5.3B | $2.6B | ||
| Q1 24 | $5.4B | $2.5B |
| Q4 25 | 6.31× | — | ||
| Q3 25 | 3.61× | — | ||
| Q2 25 | 3.86× | — | ||
| Q1 25 | 4.38× | — | ||
| Q4 24 | 4.58× | — | ||
| Q3 24 | 4.28× | — | ||
| Q2 24 | 4.42× | — | ||
| Q1 24 | 4.40× | — |
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 | $120.5M | $123.3M |
| Free Cash FlowOCF − Capex | $54.7M | $118.5M |
| FCF MarginFCF / Revenue | 4.0% | 13.0% |
| Capex IntensityCapex / Revenue | 4.8% | 0.5% |
| Cash ConversionOCF / Net Profit | — | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $155.1M | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.5M | $123.3M | ||
| Q3 25 | $143.3M | $186.9M | ||
| Q2 25 | $91.9M | $81.3M | ||
| Q1 25 | $55.9M | $237.3M | ||
| Q4 24 | $151.2M | $143.8M | ||
| Q3 24 | $143.6M | $153.8M | ||
| Q2 24 | $142.8M | $120.8M | ||
| Q1 24 | $17.8M | $111.5M |
| Q4 25 | $54.7M | $118.5M | ||
| Q3 25 | $79.2M | $171.4M | ||
| Q2 25 | $34.6M | $70.1M | ||
| Q1 25 | $-13.4M | $227.2M | ||
| Q4 24 | $73.2M | $134.9M | ||
| Q3 24 | $70.4M | $141.8M | ||
| Q2 24 | $94.0M | $118.0M | ||
| Q1 24 | $-30.2M | $109.2M |
| Q4 25 | 4.0% | 13.0% | ||
| Q3 25 | 5.3% | 18.9% | ||
| Q2 25 | 2.3% | 8.1% | ||
| Q1 25 | -0.9% | 24.6% | ||
| Q4 24 | 5.3% | 19.9% | ||
| Q3 24 | 4.7% | 22.3% | ||
| Q2 24 | 5.8% | 16.4% | ||
| Q1 24 | -1.9% | 14.8% |
| Q4 25 | 4.8% | 0.5% | ||
| Q3 25 | 4.3% | 1.7% | ||
| Q2 25 | 3.7% | 1.3% | ||
| Q1 25 | 4.9% | 1.1% | ||
| Q4 24 | 5.6% | 1.3% | ||
| Q3 24 | 4.9% | 1.9% | ||
| Q2 24 | 3.0% | 0.4% | ||
| Q1 24 | 3.0% | 0.3% |
| Q4 25 | — | 0.94× | ||
| Q3 25 | 15.58× | 1.27× | ||
| Q2 25 | 2.34× | 0.52× | ||
| Q1 25 | 7.87× | 1.51× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | 14.36× | 1.33× | ||
| Q2 24 | 7.85× | 0.99× | ||
| Q1 24 | 0.87× | 0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
