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Side-by-side financial comparison of Exodus Movement, Inc. (EXOD) and NAPCO SECURITY TECHNOLOGIES, INC (NSSC). Click either name above to swap in a different company.

NAPCO SECURITY TECHNOLOGIES, INC is the larger business by last-quarter revenue ($48.2M vs $29.4M, roughly 1.6× Exodus Movement, Inc.). NAPCO SECURITY TECHNOLOGIES, INC runs the higher net margin — 28.0% vs -181.0%, a 209.0% gap on every dollar of revenue. On growth, NAPCO SECURITY TECHNOLOGIES, INC posted the faster year-over-year revenue change (12.2% vs -34.4%). NAPCO SECURITY TECHNOLOGIES, INC produced more free cash flow last quarter ($14.5M vs $-25.8M). Over the past eight quarters, Exodus Movement, Inc.'s revenue compounded faster (0.6% CAGR vs -1.1%).

Exodus is a cryptocurrency wallet available on desktop and mobile platforms. It was founded in 2015 by JP Richardson and Daniel Castagnoli. Exodus wallet supports digital assets including Bitcoin, Ethereum, and Solana. It is available on Windows, macOS, Linux, iOS, Android, and as a browser extension.

Napco Security Technologies, Inc. was set up in 1969 and now is based in Amityville, New York. The company focuses on security products, such as electronic locking devices, alarm systems, and building access control systems. The company was formerly known as Napco Security Systems, Inc.

EXOD vs NSSC — Head-to-Head

Bigger by revenue
NSSC
NSSC
1.6× larger
NSSC
$48.2M
$29.4M
EXOD
Growing faster (revenue YoY)
NSSC
NSSC
+46.6% gap
NSSC
12.2%
-34.4%
EXOD
Higher net margin
NSSC
NSSC
209.0% more per $
NSSC
28.0%
-181.0%
EXOD
More free cash flow
NSSC
NSSC
$40.3M more FCF
NSSC
$14.5M
$-25.8M
EXOD
Faster 2-yr revenue CAGR
EXOD
EXOD
Annualised
EXOD
0.6%
-1.1%
NSSC

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
EXOD
EXOD
NSSC
NSSC
Revenue
$29.4M
$48.2M
Net Profit
$-53.2M
$13.5M
Gross Margin
58.6%
Operating Margin
-226.9%
30.6%
Net Margin
-181.0%
28.0%
Revenue YoY
-34.4%
12.2%
Net Profit YoY
-179.5%
29.0%
EPS (diluted)
$0.38

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
EXOD
EXOD
NSSC
NSSC
Q4 25
$29.4M
$48.2M
Q3 25
$30.3M
$49.2M
Q2 25
$25.8M
$50.7M
Q1 25
$36.0M
$44.0M
Q4 24
$44.8M
$42.9M
Q3 24
$20.1M
$44.0M
Q2 24
$22.3M
$50.3M
Q1 24
$29.1M
$49.3M
Net Profit
EXOD
EXOD
NSSC
NSSC
Q4 25
$-53.2M
$13.5M
Q3 25
$17.0M
$12.2M
Q2 25
$37.7M
$11.6M
Q1 25
$-12.9M
$10.1M
Q4 24
$66.9M
$10.5M
Q3 24
$843.0K
$11.2M
Q2 24
$-9.6M
$13.5M
Q1 24
$54.8M
$13.2M
Gross Margin
EXOD
EXOD
NSSC
NSSC
Q4 25
58.6%
Q3 25
56.6%
Q2 25
52.8%
Q1 25
57.2%
Q4 24
57.0%
Q3 24
43.7%
55.9%
Q2 24
51.7%
55.3%
Q1 24
63.2%
53.8%
Operating Margin
EXOD
EXOD
NSSC
NSSC
Q4 25
-226.9%
30.6%
Q3 25
66.9%
27.7%
Q2 25
23.8%
Q1 25
-60.4%
25.4%
Q4 24
26.0%
Q3 24
-0.3%
26.9%
Q2 24
-66.1%
27.7%
Q1 24
29.4%
Net Margin
EXOD
EXOD
NSSC
NSSC
Q4 25
-181.0%
28.0%
Q3 25
56.2%
24.7%
Q2 25
145.8%
22.9%
Q1 25
-35.8%
23.0%
Q4 24
149.4%
24.4%
Q3 24
4.2%
25.4%
Q2 24
-43.1%
26.9%
Q1 24
188.5%
26.8%
EPS (diluted)
EXOD
EXOD
NSSC
NSSC
Q4 25
$0.38
Q3 25
$0.34
Q2 25
$0.33
Q1 25
$0.28
Q4 24
$0.28
Q3 24
$0.30
Q2 24
$0.36
Q1 24
$0.36

Balance Sheet & Financial Strength

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

Metric
EXOD
EXOD
NSSC
NSSC
Cash + ST InvestmentsLiquidity on hand
$4.9M
$115.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$247.4M
$184.8M
Total Assets
$266.8M
$212.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXOD
EXOD
NSSC
NSSC
Q4 25
$4.9M
$115.4M
Q3 25
$50.5M
$105.8M
Q2 25
$52.9M
$99.2M
Q1 25
$59.8M
$89.3M
Q4 24
$37.9M
$99.2M
Q3 24
$26.5M
$91.3M
Q2 24
$27.8M
$70.7M
Q1 24
$21.0M
$60.9M
Stockholders' Equity
EXOD
EXOD
NSSC
NSSC
Q4 25
$247.4M
$184.8M
Q3 25
$296.7M
$176.1M
Q2 25
$277.1M
$168.6M
Q1 25
$241.5M
$161.5M
Q4 24
$257.5M
$174.2M
Q3 24
$191.2M
$178.6M
Q2 24
$190.8M
$178.9M
Q1 24
$199.1M
$168.2M
Total Assets
EXOD
EXOD
NSSC
NSSC
Q4 25
$266.8M
$212.8M
Q3 25
$338.5M
$206.0M
Q2 25
$313.7M
$198.1M
Q1 25
$263.2M
$190.9M
Q4 24
$288.0M
$202.7M
Q3 24
$211.6M
$209.9M
Q2 24
$211.6M
$207.8M
Q1 24
$225.4M
$194.8M

Cash Flow & Capital Efficiency

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

Metric
EXOD
EXOD
NSSC
NSSC
Operating Cash FlowLast quarter
$-25.6M
$15.1M
Free Cash FlowOCF − Capex
$-25.8M
$14.5M
FCF MarginFCF / Revenue
-87.9%
30.1%
Capex IntensityCapex / Revenue
0.9%
1.2%
Cash ConversionOCF / Net Profit
1.12×
TTM Free Cash FlowTrailing 4 quarters
$-42.3M
$53.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXOD
EXOD
NSSC
NSSC
Q4 25
$-25.6M
$15.1M
Q3 25
$-4.8M
$11.6M
Q2 25
$-5.3M
$14.6M
Q1 25
$-6.2M
$13.4M
Q4 24
$-12.0M
$13.5M
Q3 24
$-4.9M
$12.0M
Q2 24
$-2.4M
$14.3M
Q1 24
$450.0K
$12.3M
Free Cash Flow
EXOD
EXOD
NSSC
NSSC
Q4 25
$-25.8M
$14.5M
Q3 25
$-4.8M
$11.4M
Q2 25
$-5.4M
$14.4M
Q1 25
$-6.2M
$13.3M
Q4 24
$-12.3M
$12.4M
Q3 24
$-4.9M
$11.3M
Q2 24
$-2.4M
$13.8M
Q1 24
$300.0K
$12.0M
FCF Margin
EXOD
EXOD
NSSC
NSSC
Q4 25
-87.9%
30.1%
Q3 25
-16.0%
23.3%
Q2 25
-20.7%
28.4%
Q1 25
-17.3%
30.3%
Q4 24
-27.5%
28.8%
Q3 24
-24.5%
25.8%
Q2 24
-10.8%
27.4%
Q1 24
1.0%
24.3%
Capex Intensity
EXOD
EXOD
NSSC
NSSC
Q4 25
0.9%
1.2%
Q3 25
0.1%
0.4%
Q2 25
0.4%
0.5%
Q1 25
0.1%
0.1%
Q4 24
0.6%
2.6%
Q3 24
0.2%
1.5%
Q2 24
0.2%
1.1%
Q1 24
0.5%
0.7%
Cash Conversion
EXOD
EXOD
NSSC
NSSC
Q4 25
1.12×
Q3 25
-0.28×
0.96×
Q2 25
-0.14×
1.26×
Q1 25
1.32×
Q4 24
-0.18×
1.29×
Q3 24
-5.80×
1.08×
Q2 24
1.06×
Q1 24
0.01×
0.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXOD
EXOD

Exchange Aggregation$26.6M90%
Other$2.8M10%

NSSC
NSSC

Segment breakdown not available.

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