vs
Side-by-side financial comparison of Essex Property Trust (ESS) 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 $479.6M, roughly 1.9× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs 14.4%, a 3.4% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 5.5%). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 6.0%).
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
ESS vs NXT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $479.6M | $909.4M |
| Net Profit | $85.7M | $131.2M |
| Gross Margin | 70.0% | 31.7% |
| Operating Margin | 31.7% | 19.4% |
| Net Margin | 17.9% | 14.4% |
| Revenue YoY | 5.5% | 33.9% |
| Net Profit YoY | -71.6% | 13.8% |
| EPS (diluted) | $1.24 | $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 | $479.6M | $909.4M | ||
| Q3 25 | $473.3M | $905.3M | ||
| Q2 25 | $469.8M | $864.3M | ||
| Q1 25 | $464.6M | $924.3M | ||
| Q4 24 | $454.5M | $679.4M | ||
| Q3 24 | $450.7M | $635.6M | ||
| Q2 24 | $442.4M | $719.9M | ||
| Q1 24 | $426.9M | $736.5M |
| Q4 25 | $85.7M | $131.2M | ||
| Q3 25 | $172.7M | $146.9M | ||
| Q2 25 | $231.5M | $157.2M | ||
| Q1 25 | $212.8M | $156.8M | ||
| Q4 24 | $301.7M | $115.3M | ||
| Q3 24 | $125.5M | $115.4M | ||
| Q2 24 | $99.0M | $121.7M | ||
| Q1 24 | $285.1M | $205.2M |
| Q4 25 | 70.0% | 31.7% | ||
| Q3 25 | 69.2% | 32.4% | ||
| Q2 25 | 70.7% | 32.6% | ||
| Q1 25 | 69.6% | 33.1% | ||
| Q4 24 | 70.0% | 35.5% | ||
| Q3 24 | 69.5% | 35.4% | ||
| Q2 24 | 70.8% | 33.0% | ||
| Q1 24 | 69.7% | 46.2% |
| Q4 25 | 31.7% | 19.4% | ||
| Q3 25 | 44.5% | 20.0% | ||
| Q2 25 | 59.5% | 21.5% | ||
| Q1 25 | 55.3% | 21.1% | ||
| Q4 24 | 67.0% | 22.1% | ||
| Q3 24 | 28.6% | 21.0% | ||
| Q2 24 | 31.1% | 22.2% | ||
| Q1 24 | 31.0% | 36.8% |
| Q4 25 | 17.9% | 14.4% | ||
| Q3 25 | 36.5% | 16.2% | ||
| Q2 25 | 49.3% | 18.2% | ||
| Q1 25 | 45.8% | 17.0% | ||
| Q4 24 | 66.4% | 17.0% | ||
| Q3 24 | 27.8% | 18.2% | ||
| Q2 24 | 22.4% | 16.9% | ||
| Q1 24 | 66.8% | 27.9% |
| Q4 25 | $1.24 | $0.85 | ||
| Q3 25 | $2.56 | $0.97 | ||
| Q2 25 | $3.44 | $1.04 | ||
| Q1 25 | $3.16 | $1.05 | ||
| Q4 24 | $4.00 | $0.79 | ||
| Q3 24 | $1.84 | $0.79 | ||
| Q2 24 | $1.45 | $0.84 | ||
| Q1 24 | $4.25 | $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 | $76.2M | $952.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.5B | $2.2B |
| Total Assets | $13.2B | $3.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $76.2M | $952.6M | ||
| Q3 25 | $66.0M | $845.3M | ||
| Q2 25 | $58.7M | $743.4M | ||
| Q1 25 | $98.7M | $766.1M | ||
| Q4 24 | $66.8M | $693.5M | ||
| Q3 24 | $71.3M | $561.9M | ||
| Q2 24 | $55.2M | $471.9M | ||
| Q1 24 | $499.0M | $474.1M |
| Q4 25 | — | — | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.2B | — | ||
| Q1 24 | $6.6B | — |
| Q4 25 | $5.5B | $2.2B | ||
| Q3 25 | $5.6B | $2.0B | ||
| Q2 25 | $5.6B | $1.8B | ||
| Q1 25 | $5.6B | $1.6B | ||
| Q4 24 | $5.5B | $1.4B | ||
| Q3 24 | $5.4B | $1.3B | ||
| Q2 24 | $5.5B | $1.1B | ||
| Q1 24 | $5.5B | $961.0M |
| Q4 25 | $13.2B | $3.8B | ||
| Q3 25 | $13.2B | $3.7B | ||
| Q2 25 | $13.2B | $3.4B | ||
| Q1 25 | $13.2B | $3.2B | ||
| Q4 24 | $12.9B | $3.0B | ||
| Q3 24 | $12.6B | $2.8B | ||
| Q2 24 | $12.5B | $2.6B | ||
| Q1 24 | $12.9B | $2.5B |
| Q4 25 | — | — | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.13× | — | ||
| Q1 24 | 1.19× | — |
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 | $1.1B | $123.3M |
| Free Cash FlowOCF − Capex | — | $118.5M |
| FCF MarginFCF / Revenue | — | 13.0% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | 12.53× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | — | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $123.3M | ||
| Q3 25 | $342.6M | $186.9M | ||
| Q2 25 | $216.1M | $81.3M | ||
| Q1 25 | $281.5M | $237.3M | ||
| Q4 24 | $1.1B | $143.8M | ||
| Q3 24 | $316.2M | $153.8M | ||
| Q2 24 | $218.9M | $120.8M | ||
| Q1 24 | $314.9M | $111.5M |
| Q4 25 | — | $118.5M | ||
| Q3 25 | — | $171.4M | ||
| Q2 25 | — | $70.1M | ||
| Q1 25 | — | $227.2M | ||
| Q4 24 | — | $134.9M | ||
| Q3 24 | — | $141.8M | ||
| Q2 24 | — | $118.0M | ||
| Q1 24 | — | $109.2M |
| Q4 25 | — | 13.0% | ||
| Q3 25 | — | 18.9% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | — | 24.6% | ||
| Q4 24 | — | 19.9% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 16.4% | ||
| Q1 24 | — | 14.8% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 12.53× | 0.94× | ||
| Q3 25 | 1.98× | 1.27× | ||
| Q2 25 | 0.93× | 0.52× | ||
| Q1 25 | 1.32× | 1.51× | ||
| Q4 24 | 3.54× | 1.25× | ||
| Q3 24 | 2.52× | 1.33× | ||
| Q2 24 | 2.21× | 0.99× | ||
| Q1 24 | 1.10× | 0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESS
Segment breakdown not available.
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
