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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Nextpower Inc. (NXT). Click either name above to swap in a different company.

Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $475.7M, roughly 1.9× COMMERCE BANCSHARES INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 14.4%, a 15.3% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 11.1%). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 7.1%).

Commerce Bancshares, Inc. is a regional bank holding company headquartered in Missouri, with principal offices in Kansas City and St. Louis. It is the corporate parent of Commerce Bank, which offers a diversified line of financial services, including business and personal banking, wealth management and investments through its affiliated companies.

Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.

CBSH vs NXT — Head-to-Head

Bigger by revenue
NXT
NXT
1.9× larger
NXT
$909.4M
$475.7M
CBSH
Growing faster (revenue YoY)
NXT
NXT
+22.7% gap
NXT
33.9%
11.1%
CBSH
Higher net margin
CBSH
CBSH
15.3% more per $
CBSH
29.8%
14.4%
NXT
Faster 2-yr revenue CAGR
NXT
NXT
Annualised
NXT
11.1%
7.1%
CBSH

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CBSH
CBSH
NXT
NXT
Revenue
$475.7M
$909.4M
Net Profit
$141.6M
$131.2M
Gross Margin
31.7%
Operating Margin
19.4%
Net Margin
29.8%
14.4%
Revenue YoY
11.1%
33.9%
Net Profit YoY
10.5%
13.8%
EPS (diluted)
$0.96
$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.

Revenue
CBSH
CBSH
NXT
NXT
Q1 26
$475.7M
Q4 25
$449.4M
$909.4M
Q3 25
$441.0M
$905.3M
Q2 25
$445.8M
$864.3M
Q1 25
$428.1M
$924.3M
Q4 24
$422.1M
$679.4M
Q3 24
$421.4M
$635.6M
Q2 24
$414.5M
$719.9M
Net Profit
CBSH
CBSH
NXT
NXT
Q1 26
$141.6M
Q4 25
$140.7M
$131.2M
Q3 25
$141.5M
$146.9M
Q2 25
$152.5M
$157.2M
Q1 25
$131.6M
$156.8M
Q4 24
$136.1M
$115.3M
Q3 24
$138.0M
$115.4M
Q2 24
$139.6M
$121.7M
Gross Margin
CBSH
CBSH
NXT
NXT
Q1 26
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%
Operating Margin
CBSH
CBSH
NXT
NXT
Q1 26
Q4 25
40.8%
19.4%
Q3 25
41.9%
20.0%
Q2 25
44.0%
21.5%
Q1 25
39.2%
21.1%
Q4 24
41.2%
22.1%
Q3 24
42.4%
21.0%
Q2 24
43.4%
22.2%
Net Margin
CBSH
CBSH
NXT
NXT
Q1 26
29.8%
Q4 25
31.3%
14.4%
Q3 25
32.1%
16.2%
Q2 25
34.2%
18.2%
Q1 25
30.7%
17.0%
Q4 24
32.2%
17.0%
Q3 24
32.8%
18.2%
Q2 24
33.7%
16.9%
EPS (diluted)
CBSH
CBSH
NXT
NXT
Q1 26
$0.96
Q4 25
$0.86
$0.85
Q3 25
$1.06
$0.97
Q2 25
$1.14
$1.04
Q1 25
$0.98
$1.05
Q4 24
$0.83
$0.79
Q3 24
$1.01
$0.79
Q2 24
$1.03
$0.84

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
NXT
NXT
Cash + ST InvestmentsLiquidity on hand
$952.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
$2.2B
Total Assets
$35.7B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
NXT
NXT
Q1 26
Q4 25
$952.6M
Q3 25
$845.3M
Q2 25
$743.4M
Q1 25
$766.1M
Q4 24
$693.5M
Q3 24
$561.9M
Q2 24
$471.9M
Stockholders' Equity
CBSH
CBSH
NXT
NXT
Q1 26
$4.3B
Q4 25
$3.8B
$2.2B
Q3 25
$3.8B
$2.0B
Q2 25
$3.6B
$1.8B
Q1 25
$3.5B
$1.6B
Q4 24
$3.3B
$1.4B
Q3 24
$3.4B
$1.3B
Q2 24
$3.1B
$1.1B
Total Assets
CBSH
CBSH
NXT
NXT
Q1 26
$35.7B
Q4 25
$32.9B
$3.8B
Q3 25
$32.3B
$3.7B
Q2 25
$32.3B
$3.4B
Q1 25
$32.4B
$3.2B
Q4 24
$32.0B
$3.0B
Q3 24
$31.5B
$2.8B
Q2 24
$30.6B
$2.6B

Cash Flow & Capital Efficiency

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

Metric
CBSH
CBSH
NXT
NXT
Operating Cash FlowLast quarter
$123.3M
Free Cash FlowOCF − Capex
$118.5M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
NXT
NXT
Q1 26
Q4 25
$645.1M
$123.3M
Q3 25
$129.0M
$186.9M
Q2 25
$111.2M
$81.3M
Q1 25
$138.6M
$237.3M
Q4 24
$577.9M
$143.8M
Q3 24
$431.7M
$153.8M
Q2 24
$147.4M
$120.8M
Free Cash Flow
CBSH
CBSH
NXT
NXT
Q1 26
Q4 25
$592.4M
$118.5M
Q3 25
$113.3M
$171.4M
Q2 25
$100.5M
$70.1M
Q1 25
$126.0M
$227.2M
Q4 24
$531.7M
$134.9M
Q3 24
$419.1M
$141.8M
Q2 24
$138.9M
$118.0M
FCF Margin
CBSH
CBSH
NXT
NXT
Q1 26
Q4 25
131.8%
13.0%
Q3 25
25.7%
18.9%
Q2 25
22.5%
8.1%
Q1 25
29.4%
24.6%
Q4 24
126.0%
19.9%
Q3 24
99.5%
22.3%
Q2 24
33.5%
16.4%
Capex Intensity
CBSH
CBSH
NXT
NXT
Q1 26
Q4 25
11.7%
0.5%
Q3 25
3.6%
1.7%
Q2 25
2.4%
1.3%
Q1 25
2.9%
1.1%
Q4 24
10.9%
1.3%
Q3 24
3.0%
1.9%
Q2 24
2.1%
0.4%
Cash Conversion
CBSH
CBSH
NXT
NXT
Q1 26
Q4 25
4.59×
0.94×
Q3 25
0.91×
1.27×
Q2 25
0.73×
0.52×
Q1 25
1.05×
1.51×
Q4 24
4.25×
1.25×
Q3 24
3.13×
1.33×
Q2 24
1.06×
0.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBSH
CBSH

Segment breakdown not available.

NXT
NXT

Transferred Over Time$763.9M84%
Transferred At Point In Time$145.4M16%

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