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Side-by-side financial comparison of BT Brands, Inc. (BTBD) and NEXGEL, INC. (NXGL). Click either name above to swap in a different company.
BT Brands, Inc. is the larger business by last-quarter revenue ($3.9M vs $2.8M, roughly 1.4× NEXGEL, INC.). BT Brands, Inc. runs the higher net margin — 23.7% vs -34.7%, a 58.4% gap on every dollar of revenue. On growth, NEXGEL, INC. posted the faster year-over-year revenue change (-8.1% vs -11.4%). Over the past eight quarters, NEXGEL, INC.'s revenue compounded faster (48.6% CAGR vs -1.8%).
BT Brands, Inc.BTBDEarnings & Financial Report
BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.
NEXGEL, INC. is a specialty consumer healthcare and medical technology firm that develops, manufactures and distributes ultra-gentle, irritation-free hydrogel products. Its offerings span over-the-counter skincare remedies, wound care solutions, and topical drug delivery platforms, serving consumer, clinical and pharmaceutical partner segments primarily across North America, with growing global distribution channels.
BTBD vs NXGL — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.9M | $2.8M |
| Net Profit | $915.0K | $-970.0K |
| Gross Margin | — | 29.3% |
| Operating Margin | 19.1% | -43.4% |
| Net Margin | 23.7% | -34.7% |
| Revenue YoY | -11.4% | -8.1% |
| Net Profit YoY | 516.9% | -14.1% |
| EPS (diluted) | $0.15 | $-0.12 |
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 | — | $2.8M | ||
| Q3 25 | $3.9M | $2.9M | ||
| Q2 25 | $3.8M | $2.9M | ||
| Q1 25 | $3.2M | $2.8M | ||
| Q4 24 | — | $3.0M | ||
| Q3 24 | $4.3M | $2.9M | ||
| Q2 24 | $4.1M | $1.4M | ||
| Q1 24 | $3.2M | $1.3M |
| Q4 25 | — | $-970.0K | ||
| Q3 25 | $915.0K | $-653.0K | ||
| Q2 25 | $55.0K | $-665.0K | ||
| Q1 25 | $-329.8K | $-712.0K | ||
| Q4 24 | — | $-850.0K | ||
| Q3 24 | $-219.5K | $-693.0K | ||
| Q2 24 | $-70.0K | $-885.0K | ||
| Q1 24 | $-445.7K | $-853.0K |
| Q4 25 | — | 29.3% | ||
| Q3 25 | — | 42.4% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 42.3% | ||
| Q4 24 | — | 37.5% | ||
| Q3 24 | — | 39.3% | ||
| Q2 24 | — | 20.3% | ||
| Q1 24 | — | 12.6% |
| Q4 25 | — | -43.4% | ||
| Q3 25 | 19.1% | -24.7% | ||
| Q2 25 | -2.0% | -22.1% | ||
| Q1 25 | -9.0% | -27.7% | ||
| Q4 24 | — | -27.6% | ||
| Q3 24 | -1.7% | -26.8% | ||
| Q2 24 | -4.6% | -73.2% | ||
| Q1 24 | -19.8% | -68.8% |
| Q4 25 | — | -34.7% | ||
| Q3 25 | 23.7% | -22.3% | ||
| Q2 25 | 1.5% | -23.1% | ||
| Q1 25 | -10.2% | -25.4% | ||
| Q4 24 | — | -27.9% | ||
| Q3 24 | -5.0% | -23.6% | ||
| Q2 24 | -1.7% | -61.5% | ||
| Q1 24 | -14.0% | -67.4% |
| Q4 25 | — | $-0.12 | ||
| Q3 25 | $0.15 | $-0.08 | ||
| Q2 25 | — | $-0.09 | ||
| Q1 25 | — | $-0.09 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | $-0.04 | $-0.11 | ||
| Q2 24 | — | $-0.14 | ||
| Q1 24 | — | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.5M | — |
| Total DebtLower is stronger | — | $588.0K |
| Stockholders' EquityBook value | $7.7M | $4.5M |
| Total Assets | $11.9M | $10.5M |
| Debt / EquityLower = less leverage | — | 0.13× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $3.5M | $938.0K | ||
| Q2 25 | $3.0M | — | ||
| Q1 25 | $2.7M | — | ||
| Q4 24 | — | $1.8M | ||
| Q3 24 | $2.0M | $1.1M | ||
| Q2 24 | $1.5M | — | ||
| Q1 24 | $1.5M | — |
| Q4 25 | — | $588.0K | ||
| Q3 25 | — | $614.0K | ||
| Q2 25 | — | $638.0K | ||
| Q1 25 | — | $662.0K | ||
| Q4 24 | — | $685.0K | ||
| Q3 24 | — | $709.0K | ||
| Q2 24 | — | $732.0K | ||
| Q1 24 | — | $750.0K |
| Q4 25 | — | $4.5M | ||
| Q3 25 | $7.7M | $5.2M | ||
| Q2 25 | $6.8M | $4.7M | ||
| Q1 25 | $6.7M | $5.2M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $8.5M | $4.7M | ||
| Q2 24 | $8.7M | $4.2M | ||
| Q1 24 | $8.8M | $4.8M |
| Q4 25 | — | $10.5M | ||
| Q3 25 | $11.9M | $11.6M | ||
| Q2 25 | $11.2M | $9.7M | ||
| Q1 25 | $11.0M | $10.4M | ||
| Q4 24 | — | $11.0M | ||
| Q3 24 | $13.7M | $10.6M | ||
| Q2 24 | $14.0M | $9.8M | ||
| Q1 24 | $14.0M | $10.4M |
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.18× | ||
| Q1 24 | — | 0.16× |
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 | $325.2K | $281.0K |
| Free Cash FlowOCF − Capex | $261.8K | — |
| FCF MarginFCF / Revenue | 6.8% | — |
| Capex IntensityCapex / Revenue | 1.6% | — |
| Cash ConversionOCF / Net Profit | 0.36× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $281.0K | ||
| Q3 25 | $325.2K | $-785.0K | ||
| Q2 25 | $384.4K | $-407.0K | ||
| Q1 25 | $-306.7K | $-400.0K | ||
| Q4 24 | — | $-859.0K | ||
| Q3 24 | $129.3K | $-1.2M | ||
| Q2 24 | $82.5K | $-700.0K | ||
| Q1 24 | $-408.9K | $-1.1M |
| Q4 25 | — | — | ||
| Q3 25 | $261.8K | $-793.0K | ||
| Q2 25 | — | — | ||
| Q1 25 | $-431.1K | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $50.4K | $-1.2M | ||
| Q2 24 | $53.7K | $-909.0K | ||
| Q1 24 | $-521.3K | $-1.2M |
| Q4 25 | — | — | ||
| Q3 25 | 6.8% | -27.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | -13.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.2% | -41.8% | ||
| Q2 24 | 1.3% | -63.1% | ||
| Q1 24 | -16.3% | -98.3% |
| Q4 25 | — | — | ||
| Q3 25 | 1.6% | 0.3% | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.8% | 0.4% | ||
| Q2 24 | 0.7% | 14.5% | ||
| Q1 24 | 3.5% | 12.0% |
| Q4 25 | — | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 6.98× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
