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Side-by-side financial comparison of Eventbrite, Inc. (EB) and NCS Multistage Holdings, Inc. (NCSM). Click either name above to swap in a different company.

Eventbrite, Inc. is the larger business by last-quarter revenue ($73.5M vs $50.6M, roughly 1.5× NCS Multistage Holdings, Inc.). NCS Multistage Holdings, Inc. runs the higher net margin — 29.5% vs -11.1%, a 40.7% gap on every dollar of revenue. On growth, NCS Multistage Holdings, Inc. posted the faster year-over-year revenue change (12.5% vs -3.9%). NCS Multistage Holdings, Inc. produced more free cash flow last quarter ($12.9M vs $-60.9M). Over the past eight quarters, NCS Multistage Holdings, Inc.'s revenue compounded faster (7.4% CAGR vs -7.7%).

Eventbrite is an American live events marketplace and website. The service allows users to browse, create, and promote local events. It is free to publish unlimited events of any size on Eventbrite.

NCS Multistage Holdings, Inc. is a global oilfield services and energy technology provider specializing in engineered completion systems for onshore and offshore oil and gas production. It offers multistage fracturing tools that optimize well performance, serving major operators across North America, Latin America, the Middle East and Asia-Pacific, focusing on boosting operational efficiency and resource recovery for upstream energy clients.

EB vs NCSM — Head-to-Head

Bigger by revenue
EB
EB
1.5× larger
EB
$73.5M
$50.6M
NCSM
Growing faster (revenue YoY)
NCSM
NCSM
+16.4% gap
NCSM
12.5%
-3.9%
EB
Higher net margin
NCSM
NCSM
40.7% more per $
NCSM
29.5%
-11.1%
EB
More free cash flow
NCSM
NCSM
$73.8M more FCF
NCSM
$12.9M
$-60.9M
EB
Faster 2-yr revenue CAGR
NCSM
NCSM
Annualised
NCSM
7.4%
-7.7%
EB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EB
EB
NCSM
NCSM
Revenue
$73.5M
$50.6M
Net Profit
$-8.2M
$15.0M
Gross Margin
68.1%
Operating Margin
-12.4%
10.3%
Net Margin
-11.1%
29.5%
Revenue YoY
-3.9%
12.5%
Net Profit YoY
2.5%
331.0%
EPS (diluted)
$-0.08
$5.43

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
EB
EB
NCSM
NCSM
Q4 25
$73.5M
$50.6M
Q3 25
$71.7M
$46.5M
Q2 25
$72.8M
$36.5M
Q1 25
$73.8M
$50.0M
Q4 24
$76.5M
$45.0M
Q3 24
$77.8M
$44.0M
Q2 24
$84.6M
$29.7M
Q1 24
$86.3M
$43.9M
Net Profit
EB
EB
NCSM
NCSM
Q4 25
$-8.2M
$15.0M
Q3 25
$6.4M
$3.8M
Q2 25
$-2.1M
$924.0K
Q1 25
$-6.6M
$4.1M
Q4 24
$-8.4M
$3.5M
Q3 24
$-3.8M
$4.1M
Q2 24
$1.1M
$-3.1M
Q1 24
$-4.5M
$2.1M
Gross Margin
EB
EB
NCSM
NCSM
Q4 25
68.1%
Q3 25
67.9%
Q2 25
67.5%
Q1 25
66.9%
Q4 24
68.2%
Q3 24
68.5%
Q2 24
70.9%
Q1 24
71.0%
Operating Margin
EB
EB
NCSM
NCSM
Q4 25
-12.4%
10.3%
Q3 25
-1.3%
6.6%
Q2 25
-8.7%
-5.6%
Q1 25
-13.2%
8.6%
Q4 24
-10.2%
6.5%
Q3 24
-11.5%
6.9%
Q2 24
-7.6%
-14.0%
Q1 24
-8.8%
5.7%
Net Margin
EB
EB
NCSM
NCSM
Q4 25
-11.1%
29.5%
Q3 25
8.9%
8.2%
Q2 25
-2.9%
2.5%
Q1 25
-9.0%
8.1%
Q4 24
-11.0%
7.7%
Q3 24
-4.8%
9.4%
Q2 24
1.3%
-10.4%
Q1 24
-5.2%
4.7%
EPS (diluted)
EB
EB
NCSM
NCSM
Q4 25
$-0.08
$5.43
Q3 25
$0.06
$1.37
Q2 25
$-0.02
$0.34
Q1 25
$-0.07
$1.51
Q4 24
$-0.09
$1.34
Q3 24
$-0.04
$1.60
Q2 24
$0.01
$-1.21
Q1 24
$-0.05
$0.82

Balance Sheet & Financial Strength

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

Metric
EB
EB
NCSM
NCSM
Cash + ST InvestmentsLiquidity on hand
$299.9M
$36.7M
Total DebtLower is stronger
$144.4M
$5.3M
Stockholders' EquityBook value
$179.1M
$126.2M
Total Assets
$647.2M
$181.2M
Debt / EquityLower = less leverage
0.81×
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EB
EB
NCSM
NCSM
Q4 25
$299.9M
$36.7M
Q3 25
$25.3M
Q2 25
$25.4M
Q1 25
$23.0M
Q4 24
$441.5M
$25.9M
Q3 24
$24.7M
$15.3M
Q2 24
$56.7M
$18.6M
Q1 24
$113.7M
$14.0M
Total Debt
EB
EB
NCSM
NCSM
Q4 25
$144.4M
$5.3M
Q3 25
$174.9M
$5.1M
Q2 25
$241.3M
$5.5M
Q1 25
$241.0M
$5.4M
Q4 24
$240.7M
$6.0M
Q3 24
$240.4M
$6.5M
Q2 24
$358.7M
$6.8M
Q1 24
$358.2M
$6.4M
Stockholders' Equity
EB
EB
NCSM
NCSM
Q4 25
$179.1M
$126.2M
Q3 25
$189.1M
$110.1M
Q2 25
$177.2M
$106.4M
Q1 25
$173.3M
$103.2M
Q4 24
$170.2M
$98.8M
Q3 24
$179.8M
$96.0M
Q2 24
$176.2M
$91.0M
Q1 24
$184.1M
$93.7M
Total Assets
EB
EB
NCSM
NCSM
Q4 25
$647.2M
$181.2M
Q3 25
$744.6M
$162.0M
Q2 25
$784.1M
$158.0M
Q1 25
$812.3M
$155.1M
Q4 24
$752.3M
$152.8M
Q3 24
$817.4M
$145.8M
Q2 24
$894.5M
$139.4M
Q1 24
$952.2M
$140.9M
Debt / Equity
EB
EB
NCSM
NCSM
Q4 25
0.81×
0.04×
Q3 25
0.92×
0.05×
Q2 25
1.36×
0.05×
Q1 25
1.39×
0.05×
Q4 24
1.41×
0.06×
Q3 24
1.34×
0.07×
Q2 24
2.04×
0.08×
Q1 24
1.95×
0.07×

Cash Flow & Capital Efficiency

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

Metric
EB
EB
NCSM
NCSM
Operating Cash FlowLast quarter
$-60.8M
$13.1M
Free Cash FlowOCF − Capex
$-60.9M
$12.9M
FCF MarginFCF / Revenue
-82.8%
25.5%
Capex IntensityCapex / Revenue
0.0%
0.4%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$17.6M
$21.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EB
EB
NCSM
NCSM
Q4 25
$-60.8M
$13.1M
Q3 25
$36.7M
$7.2M
Q2 25
$-17.5M
$3.5M
Q1 25
$59.4M
$-1.6M
Q4 24
$-45.3M
$10.6M
Q3 24
$44.6M
$-2.0M
Q2 24
$-32.3M
$6.0M
Q1 24
$68.6M
$-1.9M
Free Cash Flow
EB
EB
NCSM
NCSM
Q4 25
$-60.9M
$12.9M
Q3 25
$36.6M
$6.9M
Q2 25
$-17.5M
$3.2M
Q1 25
$59.4M
$-2.1M
Q4 24
$-45.3M
$10.4M
Q3 24
$44.4M
$-2.5M
Q2 24
$-32.4M
$5.6M
Q1 24
$68.2M
$-2.2M
FCF Margin
EB
EB
NCSM
NCSM
Q4 25
-82.8%
25.5%
Q3 25
51.1%
14.9%
Q2 25
-24.1%
8.9%
Q1 25
80.4%
-4.2%
Q4 24
-59.2%
23.1%
Q3 24
57.1%
-5.6%
Q2 24
-38.3%
19.0%
Q1 24
79.1%
-5.0%
Capex Intensity
EB
EB
NCSM
NCSM
Q4 25
0.0%
0.4%
Q3 25
0.0%
0.5%
Q2 25
0.0%
0.8%
Q1 25
0.1%
0.9%
Q4 24
0.0%
0.5%
Q3 24
0.2%
1.0%
Q2 24
0.1%
1.1%
Q1 24
0.4%
0.7%
Cash Conversion
EB
EB
NCSM
NCSM
Q4 25
0.88×
Q3 25
5.76×
1.88×
Q2 25
3.81×
Q1 25
-0.41×
Q4 24
3.07×
Q3 24
-0.49×
Q2 24
-30.37×
Q1 24
-0.91×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EB
EB

US$52.0M71%
Other$21.6M29%

NCSM
NCSM

Products$33.8M67%
Services$16.8M33%

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