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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) 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 $888.0M, roughly 1.0× FIRST HORIZON CORP). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 14.4%, a 15.0% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 21.8%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $118.5M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 11.1%).
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
FHN vs NXT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $909.4M |
| Net Profit | $261.0M | $131.2M |
| Gross Margin | — | 31.7% |
| Operating Margin | 38.5% | 19.4% |
| Net Margin | 29.4% | 14.4% |
| Revenue YoY | 21.8% | 33.9% |
| Net Profit YoY | 57.2% | 13.8% |
| EPS (diluted) | $0.51 | $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 | $888.0M | $909.4M | ||
| Q3 25 | $889.0M | $905.3M | ||
| Q2 25 | $830.0M | $864.3M | ||
| Q1 25 | $812.0M | $924.3M | ||
| Q4 24 | $729.0M | $679.4M | ||
| Q3 24 | $827.0M | $635.6M | ||
| Q2 24 | — | $719.9M | ||
| Q1 24 | $819.0M | $736.5M |
| Q4 25 | $261.0M | $131.2M | ||
| Q3 25 | $262.0M | $146.9M | ||
| Q2 25 | $241.0M | $157.2M | ||
| Q1 25 | $218.0M | $156.8M | ||
| Q4 24 | $166.0M | $115.3M | ||
| Q3 24 | $218.0M | $115.4M | ||
| Q2 24 | — | $121.7M | ||
| Q1 24 | $192.0M | $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 | 38.5% | 19.4% | ||
| Q3 25 | 38.7% | 20.0% | ||
| Q2 25 | 37.2% | 21.5% | ||
| Q1 25 | 35.1% | 21.1% | ||
| Q4 24 | 28.8% | 22.1% | ||
| Q3 24 | 34.0% | 21.0% | ||
| Q2 24 | — | 22.2% | ||
| Q1 24 | 31.0% | 36.8% |
| Q4 25 | 29.4% | 14.4% | ||
| Q3 25 | 29.5% | 16.2% | ||
| Q2 25 | 29.0% | 18.2% | ||
| Q1 25 | 26.8% | 17.0% | ||
| Q4 24 | 22.8% | 17.0% | ||
| Q3 24 | 26.4% | 18.2% | ||
| Q2 24 | — | 16.9% | ||
| Q1 24 | 23.4% | 27.9% |
| Q4 25 | $0.51 | $0.85 | ||
| Q3 25 | $0.50 | $0.97 | ||
| Q2 25 | $0.45 | $1.04 | ||
| Q1 25 | $0.41 | $1.05 | ||
| Q4 24 | $0.29 | $0.79 | ||
| Q3 24 | $0.40 | $0.79 | ||
| Q2 24 | — | $0.84 | ||
| Q1 24 | $0.33 | $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 | — | $952.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.8B | $2.2B |
| Total Assets | $83.9B | $3.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $952.6M | ||
| Q3 25 | — | $845.3M | ||
| Q2 25 | — | $743.4M | ||
| Q1 25 | — | $766.1M | ||
| Q4 24 | — | $693.5M | ||
| Q3 24 | — | $561.9M | ||
| Q2 24 | — | $471.9M | ||
| Q1 24 | — | $474.1M |
| Q4 25 | $8.8B | $2.2B | ||
| Q3 25 | $8.9B | $2.0B | ||
| Q2 25 | $9.0B | $1.8B | ||
| Q1 25 | $8.7B | $1.6B | ||
| Q4 24 | $8.8B | $1.4B | ||
| Q3 24 | $9.0B | $1.3B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | $8.9B | $961.0M |
| Q4 25 | $83.9B | $3.8B | ||
| Q3 25 | $83.2B | $3.7B | ||
| Q2 25 | $82.1B | $3.4B | ||
| Q1 25 | $81.5B | $3.2B | ||
| Q4 24 | $82.2B | $3.0B | ||
| Q3 24 | $82.6B | $2.8B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | $81.8B | $2.5B |
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 | $396.0M | $123.3M |
| Free Cash FlowOCF − Capex | $389.0M | $118.5M |
| FCF MarginFCF / Revenue | 43.8% | 13.0% |
| Capex IntensityCapex / Revenue | 0.8% | 0.5% |
| Cash ConversionOCF / Net Profit | 1.52× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $396.0M | $123.3M | ||
| Q3 25 | $-200.0M | $186.9M | ||
| Q2 25 | $83.0M | $81.3M | ||
| Q1 25 | $349.0M | $237.3M | ||
| Q4 24 | $191.0M | $143.8M | ||
| Q3 24 | $389.0M | $153.8M | ||
| Q2 24 | — | $120.8M | ||
| Q1 24 | $838.0M | $111.5M |
| Q4 25 | $389.0M | $118.5M | ||
| Q3 25 | $-208.0M | $171.4M | ||
| Q2 25 | $74.0M | $70.1M | ||
| Q1 25 | $340.0M | $227.2M | ||
| Q4 24 | $174.0M | $134.9M | ||
| Q3 24 | $383.0M | $141.8M | ||
| Q2 24 | — | $118.0M | ||
| Q1 24 | $828.0M | $109.2M |
| Q4 25 | 43.8% | 13.0% | ||
| Q3 25 | -23.4% | 18.9% | ||
| Q2 25 | 8.9% | 8.1% | ||
| Q1 25 | 41.9% | 24.6% | ||
| Q4 24 | 23.9% | 19.9% | ||
| Q3 24 | 46.3% | 22.3% | ||
| Q2 24 | — | 16.4% | ||
| Q1 24 | 101.1% | 14.8% |
| Q4 25 | 0.8% | 0.5% | ||
| Q3 25 | 0.9% | 1.7% | ||
| Q2 25 | 1.1% | 1.3% | ||
| Q1 25 | 1.1% | 1.1% | ||
| Q4 24 | 2.3% | 1.3% | ||
| Q3 24 | 0.7% | 1.9% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | 1.2% | 0.3% |
| Q4 25 | 1.52× | 0.94× | ||
| Q3 25 | -0.76× | 1.27× | ||
| Q2 25 | 0.34× | 0.52× | ||
| Q1 25 | 1.60× | 1.51× | ||
| Q4 24 | 1.15× | 1.25× | ||
| Q3 24 | 1.78× | 1.33× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | 4.36× | 0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FHN
| Commercial Consumer And Wealth Segment | $776.0M | 87% |
| Other | $88.0M | 10% |
| Corporate | $24.0M | 3% |
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
