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Side-by-side financial comparison of EnerSys (ENS) and Nextpower Inc. (NXT). Click either name above to swap in a different company.
EnerSys is the larger business by last-quarter revenue ($919.1M vs $909.4M, roughly 1.0× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 9.8%, a 4.6% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 1.4%). EnerSys produced more free cash flow last quarter ($171.3M vs $118.5M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 0.5%).
EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
ENS vs NXT — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $919.1M | $909.4M |
| Net Profit | $90.4M | $131.2M |
| Gross Margin | 30.1% | 31.7% |
| Operating Margin | 13.5% | 19.4% |
| Net Margin | 9.8% | 14.4% |
| Revenue YoY | 1.4% | 33.9% |
| Net Profit YoY | -21.3% | 13.8% |
| EPS (diluted) | $2.40 | $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.
| Q4 25 | $919.1M | $909.4M | ||
| Q3 25 | $951.3M | $905.3M | ||
| Q2 25 | $893.0M | $864.3M | ||
| Q1 25 | $974.8M | $924.3M | ||
| Q4 24 | $906.2M | $679.4M | ||
| Q3 24 | $883.7M | $635.6M | ||
| Q2 24 | $852.9M | $719.9M | ||
| Q1 24 | $910.7M | $736.5M |
| Q4 25 | $90.4M | $131.2M | ||
| Q3 25 | $68.4M | $146.9M | ||
| Q2 25 | $57.5M | $157.2M | ||
| Q1 25 | $96.5M | $156.8M | ||
| Q4 24 | $114.8M | $115.3M | ||
| Q3 24 | $82.3M | $115.4M | ||
| Q2 24 | $70.1M | $121.7M | ||
| Q1 24 | $60.9M | $205.2M |
| Q4 25 | 30.1% | 31.7% | ||
| Q3 25 | 29.1% | 32.4% | ||
| Q2 25 | 28.4% | 32.6% | ||
| Q1 25 | 31.2% | 33.1% | ||
| Q4 24 | 32.9% | 35.5% | ||
| Q3 24 | 28.5% | 35.4% | ||
| Q2 24 | 27.9% | 33.0% | ||
| Q1 24 | 27.9% | 46.2% |
| Q4 25 | 13.5% | 19.4% | ||
| Q3 25 | 9.7% | 20.0% | ||
| Q2 25 | 9.7% | 21.5% | ||
| Q1 25 | 13.5% | 21.1% | ||
| Q4 24 | 15.7% | 22.1% | ||
| Q3 24 | 11.2% | 21.0% | ||
| Q2 24 | 10.7% | 22.2% | ||
| Q1 24 | 8.9% | 36.8% |
| Q4 25 | 9.8% | 14.4% | ||
| Q3 25 | 7.2% | 16.2% | ||
| Q2 25 | 6.4% | 18.2% | ||
| Q1 25 | 9.9% | 17.0% | ||
| Q4 24 | 12.7% | 17.0% | ||
| Q3 24 | 9.3% | 18.2% | ||
| Q2 24 | 8.2% | 16.9% | ||
| Q1 24 | 6.7% | 27.9% |
| Q4 25 | $2.40 | $0.85 | ||
| Q3 25 | $1.80 | $0.97 | ||
| Q2 25 | $1.46 | $1.04 | ||
| Q1 25 | $2.39 | $1.05 | ||
| Q4 24 | $2.88 | $0.79 | ||
| Q3 24 | $2.01 | $0.79 | ||
| Q2 24 | $1.71 | $0.84 | ||
| Q1 24 | $1.48 | $1.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $450.1M | $952.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.9B | $2.2B |
| Total Assets | $4.0B | $3.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $450.1M | $952.6M | ||
| Q3 25 | $388.6M | $845.3M | ||
| Q2 25 | $346.7M | $743.4M | ||
| Q1 25 | $343.1M | $766.1M | ||
| Q4 24 | $463.2M | $693.5M | ||
| Q3 24 | $407.9M | $561.9M | ||
| Q2 24 | $344.1M | $471.9M | ||
| Q1 24 | $333.3M | $474.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $802.0M | — |
| Q4 25 | $1.9B | $2.2B | ||
| Q3 25 | $1.9B | $2.0B | ||
| Q2 25 | $1.9B | $1.8B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.8B | $1.1B | ||
| Q1 24 | $1.8B | $961.0M |
| Q4 25 | $4.0B | $3.8B | ||
| Q3 25 | $4.1B | $3.7B | ||
| Q2 25 | $4.1B | $3.4B | ||
| Q1 25 | $4.0B | $3.2B | ||
| Q4 24 | $4.0B | $3.0B | ||
| Q3 24 | $4.0B | $2.8B | ||
| Q2 24 | $3.6B | $2.6B | ||
| Q1 24 | $3.5B | $2.5B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.46× | — |
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 | $184.6M | $123.3M |
| Free Cash FlowOCF − Capex | $171.3M | $118.5M |
| FCF MarginFCF / Revenue | 18.6% | 13.0% |
| Capex IntensityCapex / Revenue | 1.4% | 0.5% |
| Cash ConversionOCF / Net Profit | 2.04× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $441.3M | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.6M | $123.3M | ||
| Q3 25 | $218.0M | $186.9M | ||
| Q2 25 | $968.0K | $81.3M | ||
| Q1 25 | $135.2M | $237.3M | ||
| Q4 24 | $81.1M | $143.8M | ||
| Q3 24 | $33.6M | $153.8M | ||
| Q2 24 | $10.4M | $120.8M | ||
| Q1 24 | — | $111.5M |
| Q4 25 | $171.3M | $118.5M | ||
| Q3 25 | $197.1M | $171.4M | ||
| Q2 25 | $-32.1M | $70.1M | ||
| Q1 25 | $104.9M | $227.2M | ||
| Q4 24 | $56.8M | $134.9M | ||
| Q3 24 | $3.3M | $141.8M | ||
| Q2 24 | $-25.7M | $118.0M | ||
| Q1 24 | — | $109.2M |
| Q4 25 | 18.6% | 13.0% | ||
| Q3 25 | 20.7% | 18.9% | ||
| Q2 25 | -3.6% | 8.1% | ||
| Q1 25 | 10.8% | 24.6% | ||
| Q4 24 | 6.3% | 19.9% | ||
| Q3 24 | 0.4% | 22.3% | ||
| Q2 24 | -3.0% | 16.4% | ||
| Q1 24 | — | 14.8% |
| Q4 25 | 1.4% | 0.5% | ||
| Q3 25 | 2.2% | 1.7% | ||
| Q2 25 | 3.7% | 1.3% | ||
| Q1 25 | 3.1% | 1.1% | ||
| Q4 24 | 2.7% | 1.3% | ||
| Q3 24 | 3.4% | 1.9% | ||
| Q2 24 | 4.2% | 0.4% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 2.04× | 0.94× | ||
| Q3 25 | 3.19× | 1.27× | ||
| Q2 25 | 0.02× | 0.52× | ||
| Q1 25 | 1.40× | 1.51× | ||
| Q4 24 | 0.71× | 1.25× | ||
| Q3 24 | 0.41× | 1.33× | ||
| Q2 24 | 0.15× | 0.99× | ||
| Q1 24 | — | 0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENS
| Energy Systems | $399.5M | 43% |
| Motive Power | $352.0M | 38% |
| Services | $92.6M | 10% |
| Transferred Over Time | $38.2M | 4% |
| Other | $36.8M | 4% |
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
