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Side-by-side financial comparison of Cannae Holdings, Inc. (CNNE) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

POWER SOLUTIONS INTERNATIONAL, INC. is the larger business by last-quarter revenue ($191.2M vs $103.3M, roughly 1.9× Cannae Holdings, Inc.). POWER SOLUTIONS INTERNATIONAL, INC. runs the higher net margin — 8.4% vs -90.0%, a 98.4% gap on every dollar of revenue. On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs -6.0%). Cannae Holdings, Inc. produced more free cash flow last quarter ($12.0M vs $-7.6M). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% CAGR vs -3.4%).

Cannae Holdings, Inc. is a diversified holding company that primarily invests in and operates businesses across multiple sectors including financial services, restaurant and hospitality, technology, and healthcare. Its core market is the United States, and it focuses on driving long-term stakeholder value through active portfolio management and strategic operational support for its portfolio companies.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

CNNE vs PSIX — Head-to-Head

Bigger by revenue
PSIX
PSIX
1.9× larger
PSIX
$191.2M
$103.3M
CNNE
Growing faster (revenue YoY)
PSIX
PSIX
+38.5% gap
PSIX
32.5%
-6.0%
CNNE
Higher net margin
PSIX
PSIX
98.4% more per $
PSIX
8.4%
-90.0%
CNNE
More free cash flow
CNNE
CNNE
$19.6M more FCF
CNNE
$12.0M
$-7.6M
PSIX
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
-3.4%
CNNE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNNE
CNNE
PSIX
PSIX
Revenue
$103.3M
$191.2M
Net Profit
$-93.0M
$16.1M
Gross Margin
15.2%
21.9%
Operating Margin
-23.3%
12.7%
Net Margin
-90.0%
8.4%
Revenue YoY
-6.0%
32.5%
Net Profit YoY
-101.7%
-31.0%
EPS (diluted)
$-2.09
$0.69

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
CNNE
CNNE
PSIX
PSIX
Q4 25
$103.3M
$191.2M
Q3 25
$106.9M
$203.8M
Q2 25
$110.2M
$191.9M
Q1 25
$103.2M
$135.4M
Q4 24
$109.9M
$144.3M
Q3 24
$113.9M
$125.8M
Q2 24
$118.0M
$110.6M
Q1 24
$110.7M
$95.2M
Net Profit
CNNE
CNNE
PSIX
PSIX
Q4 25
$-93.0M
$16.1M
Q3 25
$-68.4M
$27.6M
Q2 25
$-238.8M
$51.2M
Q1 25
$-113.0M
$19.1M
Q4 24
$-46.1M
$23.3M
Q3 24
$-13.6M
$17.3M
Q2 24
$-155.0M
$21.5M
Q1 24
$-89.9M
$7.1M
Gross Margin
CNNE
CNNE
PSIX
PSIX
Q4 25
15.2%
21.9%
Q3 25
17.1%
23.9%
Q2 25
17.6%
28.2%
Q1 25
11.8%
29.7%
Q4 24
16.4%
29.9%
Q3 24
18.3%
28.9%
Q2 24
21.9%
31.8%
Q1 24
14.9%
27.0%
Operating Margin
CNNE
CNNE
PSIX
PSIX
Q4 25
-23.3%
12.7%
Q3 25
-12.3%
13.9%
Q2 25
-55.3%
16.9%
Q1 25
-20.7%
18.2%
Q4 24
-20.0%
17.5%
Q3 24
-15.9%
16.3%
Q2 24
-19.5%
22.9%
Q1 24
-36.7%
11.2%
Net Margin
CNNE
CNNE
PSIX
PSIX
Q4 25
-90.0%
8.4%
Q3 25
-64.0%
13.5%
Q2 25
-216.7%
26.7%
Q1 25
-109.5%
14.1%
Q4 24
-41.9%
16.1%
Q3 24
-11.9%
13.8%
Q2 24
-131.4%
19.5%
Q1 24
-81.2%
7.5%
EPS (diluted)
CNNE
CNNE
PSIX
PSIX
Q4 25
$-2.09
$0.69
Q3 25
$-1.25
$1.20
Q2 25
$-3.93
$2.22
Q1 25
$-1.81
$0.83
Q4 24
$-0.75
$1.01
Q3 24
$-0.22
$0.75
Q2 24
$-2.49
$0.94
Q1 24
$-1.27
$0.31

Balance Sheet & Financial Strength

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

Metric
CNNE
CNNE
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$182.0M
$41.3M
Total DebtLower is stronger
$70.8M
$96.6M
Stockholders' EquityBook value
$1.0B
$178.6M
Total Assets
$1.3B
$424.7M
Debt / EquityLower = less leverage
0.07×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNNE
CNNE
PSIX
PSIX
Q4 25
$182.0M
$41.3M
Q3 25
$233.8M
$49.0M
Q2 25
$66.7M
$49.5M
Q1 25
$126.2M
$50.0M
Q4 24
$131.5M
$55.3M
Q3 24
$40.5M
Q2 24
$28.8M
Q1 24
$33.1M
Total Debt
CNNE
CNNE
PSIX
PSIX
Q4 25
$70.8M
$96.6M
Q3 25
$68.6M
$96.7M
Q2 25
$168.4M
$1.8M
Q1 25
$170.6M
$1.0M
Q4 24
$181.0M
$184.0K
Q3 24
$181.2M
$238.0K
Q2 24
$78.2M
$292.0K
Q1 24
$79.3M
$345.0K
Stockholders' Equity
CNNE
CNNE
PSIX
PSIX
Q4 25
$1.0B
$178.6M
Q3 25
$1.2B
$162.5M
Q2 25
$1.4B
$135.7M
Q1 25
$1.7B
$84.3M
Q4 24
$1.8B
$65.3M
Q3 24
$1.9B
$42.1M
Q2 24
$1.9B
$24.8M
Q1 24
$2.3B
$3.2M
Total Assets
CNNE
CNNE
PSIX
PSIX
Q4 25
$1.3B
$424.7M
Q3 25
$1.5B
$458.9M
Q2 25
$1.8B
$437.7M
Q1 25
$2.1B
$372.7M
Q4 24
$2.2B
$328.2M
Q3 24
$2.3B
$339.1M
Q2 24
$2.2B
$307.6M
Q1 24
$2.6B
$286.8M
Debt / Equity
CNNE
CNNE
PSIX
PSIX
Q4 25
0.07×
0.54×
Q3 25
0.06×
0.60×
Q2 25
0.12×
0.01×
Q1 25
0.10×
0.01×
Q4 24
0.10×
0.00×
Q3 24
0.10×
0.01×
Q2 24
0.04×
0.01×
Q1 24
0.03×
0.11×

Cash Flow & Capital Efficiency

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

Metric
CNNE
CNNE
PSIX
PSIX
Operating Cash FlowLast quarter
$16.0M
$-4.6M
Free Cash FlowOCF − Capex
$12.0M
$-7.6M
FCF MarginFCF / Revenue
11.6%
-4.0%
Capex IntensityCapex / Revenue
3.9%
1.6%
Cash ConversionOCF / Net Profit
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$-28.5M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNNE
CNNE
PSIX
PSIX
Q4 25
$16.0M
$-4.6M
Q3 25
$-21.6M
$3.3M
Q2 25
$-21.6M
$16.7M
Q1 25
$9.1M
$8.8M
Q4 24
$-12.0M
$32.7M
Q3 24
$-31.9M
$12.6M
Q2 24
$-10.2M
$1.5M
Q1 24
$-36.0M
$15.6M
Free Cash Flow
CNNE
CNNE
PSIX
PSIX
Q4 25
$12.0M
$-7.6M
Q3 25
$-24.1M
$1.7M
Q2 25
$-23.6M
$14.6M
Q1 25
$7.2M
$5.4M
Q4 24
$-14.4M
$30.0M
Q3 24
$-33.6M
$12.1M
Q2 24
$-11.8M
$822.0K
Q1 24
$-37.3M
$14.8M
FCF Margin
CNNE
CNNE
PSIX
PSIX
Q4 25
11.6%
-4.0%
Q3 25
-22.5%
0.8%
Q2 25
-21.4%
7.6%
Q1 25
7.0%
4.0%
Q4 24
-13.1%
20.8%
Q3 24
-29.5%
9.7%
Q2 24
-10.0%
0.7%
Q1 24
-33.7%
15.6%
Capex Intensity
CNNE
CNNE
PSIX
PSIX
Q4 25
3.9%
1.6%
Q3 25
2.3%
0.8%
Q2 25
1.8%
1.1%
Q1 25
1.8%
2.5%
Q4 24
2.2%
1.8%
Q3 24
1.5%
0.3%
Q2 24
1.4%
0.6%
Q1 24
1.2%
0.9%
Cash Conversion
CNNE
CNNE
PSIX
PSIX
Q4 25
-0.29×
Q3 25
0.12×
Q2 25
0.33×
Q1 25
0.46×
Q4 24
1.40×
Q3 24
0.73×
Q2 24
0.07×
Q1 24
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNNE
CNNE

Reportable Segment Aggregation Before Other Operating Segment$94.9M92%
Other Operating Revenue$8.4M8%

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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