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Side-by-side financial comparison of Certara, Inc. (CERT) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.

National Storage Affiliates Trust is the larger business by last-quarter revenue ($187.0M vs $103.6M, roughly 1.8× Certara, Inc.). National Storage Affiliates Trust runs the higher net margin — 12.2% vs -5.7%, a 17.9% gap on every dollar of revenue. On growth, Certara, Inc. posted the faster year-over-year revenue change (3.3% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $27.8M). Over the past eight quarters, Certara, Inc.'s revenue compounded faster (3.6% CAGR vs -2.4%).

Certara is a global leader in biopharmaceutical software and consulting services, specializing in modeling, simulation, and regulatory science solutions. It serves pharmaceutical companies, biotech firms and healthcare stakeholders across all drug development stages, helping accelerate new therapy launches, lower R&D risks and cut overall development costs.

National Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.

CERT vs NSA — Head-to-Head

Bigger by revenue
NSA
NSA
1.8× larger
NSA
$187.0M
$103.6M
CERT
Growing faster (revenue YoY)
CERT
CERT
+4.9% gap
CERT
3.3%
-1.6%
NSA
Higher net margin
NSA
NSA
17.9% more per $
NSA
12.2%
-5.7%
CERT
More free cash flow
NSA
NSA
$272.0M more FCF
NSA
$299.8M
$27.8M
CERT
Faster 2-yr revenue CAGR
CERT
CERT
Annualised
CERT
3.6%
-2.4%
NSA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CERT
CERT
NSA
NSA
Revenue
$103.6M
$187.0M
Net Profit
$-5.9M
$22.9M
Gross Margin
72.5%
Operating Margin
0.8%
20.2%
Net Margin
-5.7%
12.2%
Revenue YoY
3.3%
-1.6%
Net Profit YoY
-189.6%
36.8%
EPS (diluted)
$-0.04
$0.23

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
CERT
CERT
NSA
NSA
Q4 25
$103.6M
$187.0M
Q3 25
$104.6M
$188.7M
Q2 25
$104.6M
$188.8M
Q1 25
$106.0M
$188.4M
Q4 24
$100.4M
$190.1M
Q3 24
$94.8M
$193.6M
Q2 24
$93.3M
$190.4M
Q1 24
$96.7M
$196.1M
Net Profit
CERT
CERT
NSA
NSA
Q4 25
$-5.9M
$22.9M
Q3 25
$1.5M
$18.4M
Q2 25
$-2.0M
$19.5M
Q1 25
$4.7M
$13.0M
Q4 24
$6.6M
$16.7M
Q3 24
$-1.4M
$18.7M
Q2 24
$-12.6M
$17.1M
Q1 24
$-4.7M
$59.0M
Gross Margin
CERT
CERT
NSA
NSA
Q4 25
72.5%
Q3 25
70.7%
Q2 25
70.5%
Q1 25
70.7%
Q4 24
72.5%
Q3 24
72.8%
Q2 24
72.6%
Q1 24
72.1%
Operating Margin
CERT
CERT
NSA
NSA
Q4 25
0.8%
20.2%
Q3 25
2.9%
15.8%
Q2 25
9.1%
16.5%
Q1 25
7.2%
11.0%
Q4 24
6.0%
14.5%
Q3 24
2.7%
15.8%
Q2 24
-9.7%
17.2%
Q1 24
-1.3%
48.9%
Net Margin
CERT
CERT
NSA
NSA
Q4 25
-5.7%
12.2%
Q3 25
1.5%
9.8%
Q2 25
-1.9%
10.3%
Q1 25
4.5%
6.9%
Q4 24
6.6%
8.8%
Q3 24
-1.4%
9.7%
Q2 24
-13.5%
9.0%
Q1 24
-4.8%
30.1%
EPS (diluted)
CERT
CERT
NSA
NSA
Q4 25
$-0.04
$0.23
Q3 25
$0.01
$0.17
Q2 25
$-0.01
$0.19
Q1 25
$0.03
$0.10
Q4 24
$0.04
$0.19
Q3 24
$-0.01
$0.18
Q2 24
$-0.08
$0.16
Q1 24
$-0.03
$0.65

Balance Sheet & Financial Strength

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

Metric
CERT
CERT
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$189.4M
$23.3M
Total DebtLower is stronger
$293.1M
Stockholders' EquityBook value
$1.1B
$946.0M
Total Assets
$1.6B
$5.1B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CERT
CERT
NSA
NSA
Q4 25
$189.4M
$23.3M
Q3 25
$172.7M
$26.3M
Q2 25
$162.3M
$26.1M
Q1 25
$179.1M
$19.3M
Q4 24
$179.2M
$50.4M
Q3 24
$233.0M
$69.9M
Q2 24
$224.6M
$59.0M
Q1 24
$224.8M
$64.2M
Total Debt
CERT
CERT
NSA
NSA
Q4 25
$293.1M
Q3 25
$293.5M
Q2 25
$294.2M
Q1 25
$294.8M
Q4 24
$295.4M
Q3 24
$296.1M
Q2 24
$296.7M
Q1 24
$290.8M
Stockholders' Equity
CERT
CERT
NSA
NSA
Q4 25
$1.1B
$946.0M
Q3 25
$1.1B
$973.1M
Q2 25
$1.1B
$1.0B
Q1 25
$1.1B
$1.0B
Q4 24
$1.1B
$1.1B
Q3 24
$1.1B
$986.9M
Q2 24
$1.0B
$1.2B
Q1 24
$1.1B
$1.3B
Total Assets
CERT
CERT
NSA
NSA
Q4 25
$1.6B
$5.1B
Q3 25
$1.5B
$5.1B
Q2 25
$1.5B
$5.2B
Q1 25
$1.6B
$5.3B
Q4 24
$1.6B
$5.4B
Q3 24
$1.5B
$5.4B
Q2 24
$1.5B
$5.3B
Q1 24
$1.5B
$5.4B
Debt / Equity
CERT
CERT
NSA
NSA
Q4 25
0.28×
Q3 25
0.28×
Q2 25
0.27×
Q1 25
0.27×
Q4 24
0.28×
Q3 24
0.28×
Q2 24
0.28×
Q1 24
0.28×

Cash Flow & Capital Efficiency

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

Metric
CERT
CERT
NSA
NSA
Operating Cash FlowLast quarter
$28.8M
$338.5M
Free Cash FlowOCF − Capex
$27.8M
$299.8M
FCF MarginFCF / Revenue
26.8%
160.3%
Capex IntensityCapex / Revenue
1.0%
20.7%
Cash ConversionOCF / Net Profit
14.79×
TTM Free Cash FlowTrailing 4 quarters
$94.4M
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CERT
CERT
NSA
NSA
Q4 25
$28.8M
$338.5M
Q3 25
$32.3M
$100.2M
Q2 25
$17.8M
$79.9M
Q1 25
$17.4M
$85.6M
Q4 24
$49.4M
$363.1M
Q3 24
$17.0M
$105.7M
Q2 24
$9.8M
$83.2M
Q1 24
$4.3M
$94.0M
Free Cash Flow
CERT
CERT
NSA
NSA
Q4 25
$27.8M
$299.8M
Q3 25
$32.1M
$88.0M
Q2 25
$17.8M
$73.8M
Q1 25
$16.8M
$79.9M
Q4 24
$49.0M
$344.4M
Q3 24
$16.8M
$101.8M
Q2 24
$9.4M
$79.5M
Q1 24
$3.7M
$88.6M
FCF Margin
CERT
CERT
NSA
NSA
Q4 25
26.8%
160.3%
Q3 25
30.7%
46.6%
Q2 25
17.0%
39.1%
Q1 25
15.8%
42.4%
Q4 24
48.8%
181.2%
Q3 24
17.7%
52.6%
Q2 24
10.1%
41.7%
Q1 24
3.8%
45.2%
Capex Intensity
CERT
CERT
NSA
NSA
Q4 25
1.0%
20.7%
Q3 25
0.2%
6.5%
Q2 25
0.1%
3.2%
Q1 25
0.6%
3.0%
Q4 24
0.4%
9.8%
Q3 24
0.2%
2.0%
Q2 24
0.5%
1.9%
Q1 24
0.6%
2.7%
Cash Conversion
CERT
CERT
NSA
NSA
Q4 25
14.79×
Q3 25
21.19×
5.44×
Q2 25
4.10×
Q1 25
3.66×
6.59×
Q4 24
7.51×
21.70×
Q3 24
5.65×
Q2 24
4.88×
Q1 24
1.59×

Financial Flow Comparison

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

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