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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Nextpower Inc. (NXT). Click either name above to swap in a different company.
F&G Annuities & Life, Inc. is the larger business by last-quarter revenue ($1.8B vs $909.4M, roughly 1.9× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 7.3%, a 7.2% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 13.2%). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 6.1%).
F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
FG vs NXT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $909.4M |
| Net Profit | $128.0M | $131.2M |
| Gross Margin | — | 31.7% |
| Operating Margin | — | 19.4% |
| Net Margin | 7.3% | 14.4% |
| Revenue YoY | 13.2% | 33.9% |
| Net Profit YoY | -60.9% | 13.8% |
| EPS (diluted) | $0.97 | $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 | $1.8B | $909.4M | ||
| Q3 25 | $1.7B | $905.3M | ||
| Q2 25 | $1.4B | $864.3M | ||
| Q1 25 | $908.0M | $924.3M | ||
| Q4 24 | $1.6B | $679.4M | ||
| Q3 24 | $1.4B | $635.6M | ||
| Q2 24 | $1.2B | $719.9M | ||
| Q1 24 | $1.6B | $736.5M |
| Q4 25 | $128.0M | $131.2M | ||
| Q3 25 | $118.0M | $146.9M | ||
| Q2 25 | $40.0M | $157.2M | ||
| Q1 25 | $-21.0M | $156.8M | ||
| Q4 24 | $327.0M | $115.3M | ||
| Q3 24 | $-6.0M | $115.4M | ||
| Q2 24 | $203.0M | $121.7M | ||
| Q1 24 | $115.0M | $205.2M |
| Q4 25 | — | 31.7% | ||
| Q3 25 | — | 32.4% | ||
| Q2 25 | — | 32.6% | ||
| Q1 25 | — | 33.1% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 35.4% | ||
| Q2 24 | — | 33.0% | ||
| Q1 24 | — | 46.2% |
| Q4 25 | — | 19.4% | ||
| Q3 25 | — | 20.0% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 22.2% | ||
| Q1 24 | — | 36.8% |
| Q4 25 | 7.3% | 14.4% | ||
| Q3 25 | 7.0% | 16.2% | ||
| Q2 25 | 2.9% | 18.2% | ||
| Q1 25 | -2.3% | 17.0% | ||
| Q4 24 | 21.0% | 17.0% | ||
| Q3 24 | -0.4% | 18.2% | ||
| Q2 24 | 17.3% | 16.9% | ||
| Q1 24 | 7.3% | 27.9% |
| Q4 25 | $0.97 | $0.85 | ||
| Q3 25 | $0.85 | $0.97 | ||
| Q2 25 | $0.26 | $1.04 | ||
| Q1 25 | $-0.20 | $1.05 | ||
| Q4 24 | $2.53 | $0.79 | ||
| Q3 24 | $-0.08 | $0.79 | ||
| Q2 24 | $1.55 | $0.84 | ||
| Q1 24 | $0.88 | $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 | $1.5B | $952.6M |
| Total DebtLower is stronger | $2.2B | — |
| Stockholders' EquityBook value | $4.8B | $2.2B |
| Total Assets | $98.4B | $3.8B |
| Debt / EquityLower = less leverage | 0.47× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $952.6M | ||
| Q3 25 | $2.2B | $845.3M | ||
| Q2 25 | $1.9B | $743.4M | ||
| Q1 25 | $3.3B | $766.1M | ||
| Q4 24 | $2.3B | $693.5M | ||
| Q3 24 | $3.5B | $561.9M | ||
| Q2 24 | $3.5B | $471.9M | ||
| Q1 24 | $2.4B | $474.1M |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $1.7B | — |
| Q4 25 | $4.8B | $2.2B | ||
| Q3 25 | $4.8B | $2.0B | ||
| Q2 25 | $4.4B | $1.8B | ||
| Q1 25 | $4.4B | $1.6B | ||
| Q4 24 | $4.0B | $1.4B | ||
| Q3 24 | $4.3B | $1.3B | ||
| Q2 24 | $3.7B | $1.1B | ||
| Q1 24 | $3.5B | $961.0M |
| Q4 25 | $98.4B | $3.8B | ||
| Q3 25 | $96.1B | $3.7B | ||
| Q2 25 | $91.8B | $3.4B | ||
| Q1 25 | $88.0B | $3.2B | ||
| Q4 24 | $85.0B | $3.0B | ||
| Q3 24 | $84.1B | $2.8B | ||
| Q2 24 | $78.5B | $2.6B | ||
| Q1 24 | $74.4B | $2.5B |
| Q4 25 | 0.47× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.51× | — | ||
| Q4 24 | 0.55× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.49× | — |
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 | $1.2B | $123.3M |
| Free Cash FlowOCF − Capex | — | $118.5M |
| FCF MarginFCF / Revenue | — | 13.0% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | 9.13× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | — | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $123.3M | ||
| Q3 25 | $937.0M | $186.9M | ||
| Q2 25 | $1.6B | $81.3M | ||
| Q1 25 | $956.0M | $237.3M | ||
| Q4 24 | $1.3B | $143.8M | ||
| Q3 24 | $2.1B | $153.8M | ||
| Q2 24 | $1.1B | $120.8M | ||
| Q1 24 | $1.5B | $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 | 9.13× | 0.94× | ||
| Q3 25 | 7.94× | 1.27× | ||
| Q2 25 | 40.50× | 0.52× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | 4.04× | 1.25× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | 5.20× | 0.99× | ||
| Q1 24 | 13.34× | 0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FG
Segment breakdown not available.
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
