vs

Side-by-side financial comparison of FLOWSERVE CORP (FLS) and Nextpower Inc. (NXT). Click either name above to swap in a different company.

FLOWSERVE CORP is the larger business by last-quarter revenue ($1.2B vs $909.4M, roughly 1.3× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs -2.4%, a 16.8% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 3.5%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $-25.6M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 6.0%).

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and c...

Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.

FLS vs NXT — Head-to-Head

Bigger by revenue
FLS
FLS
1.3× larger
FLS
$1.2B
$909.4M
NXT
Growing faster (revenue YoY)
NXT
NXT
+30.3% gap
NXT
33.9%
3.5%
FLS
Higher net margin
NXT
NXT
16.8% more per $
NXT
14.4%
-2.4%
FLS
More free cash flow
NXT
NXT
$144.1M more FCF
NXT
$118.5M
$-25.6M
FLS
Faster 2-yr revenue CAGR
NXT
NXT
Annualised
NXT
11.1%
6.0%
FLS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FLS
FLS
NXT
NXT
Revenue
$1.2B
$909.4M
Net Profit
$-29.0M
$131.2M
Gross Margin
34.8%
31.7%
Operating Margin
3.5%
19.4%
Net Margin
-2.4%
14.4%
Revenue YoY
3.5%
33.9%
Net Profit YoY
-137.4%
13.8%
EPS (diluted)
$-0.21
$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.

Revenue
FLS
FLS
NXT
NXT
Q4 25
$1.2B
$909.4M
Q3 25
$1.2B
$905.3M
Q2 25
$1.2B
$864.3M
Q1 25
$1.1B
$924.3M
Q4 24
$1.2B
$679.4M
Q3 24
$1.1B
$635.6M
Q2 24
$1.2B
$719.9M
Q1 24
$1.1B
$736.5M
Net Profit
FLS
FLS
NXT
NXT
Q4 25
$-29.0M
$131.2M
Q3 25
$219.6M
$146.9M
Q2 25
$81.8M
$157.2M
Q1 25
$73.9M
$156.8M
Q4 24
$77.5M
$115.3M
Q3 24
$58.4M
$115.4M
Q2 24
$72.6M
$121.7M
Q1 24
$74.2M
$205.2M
Gross Margin
FLS
FLS
NXT
NXT
Q4 25
34.8%
31.7%
Q3 25
32.4%
32.4%
Q2 25
34.2%
32.6%
Q1 25
32.3%
33.1%
Q4 24
31.5%
35.5%
Q3 24
31.5%
35.4%
Q2 24
31.6%
33.0%
Q1 24
31.2%
46.2%
Operating Margin
FLS
FLS
NXT
NXT
Q4 25
3.5%
19.4%
Q3 25
6.7%
20.0%
Q2 25
12.3%
21.5%
Q1 25
11.5%
21.1%
Q4 24
10.6%
22.1%
Q3 24
9.1%
21.0%
Q2 24
10.5%
22.2%
Q1 24
10.4%
36.8%
Net Margin
FLS
FLS
NXT
NXT
Q4 25
-2.4%
14.4%
Q3 25
18.7%
16.2%
Q2 25
6.9%
18.2%
Q1 25
6.5%
17.0%
Q4 24
6.6%
17.0%
Q3 24
5.2%
18.2%
Q2 24
6.3%
16.9%
Q1 24
6.8%
27.9%
EPS (diluted)
FLS
FLS
NXT
NXT
Q4 25
$-0.21
$0.85
Q3 25
$1.67
$0.97
Q2 25
$0.62
$1.04
Q1 25
$0.56
$1.05
Q4 24
$0.59
$0.79
Q3 24
$0.44
$0.79
Q2 24
$0.55
$0.84
Q1 24
$0.56
$1.52

Balance Sheet & Financial Strength

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

Metric
FLS
FLS
NXT
NXT
Cash + ST InvestmentsLiquidity on hand
$760.2M
$952.6M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$2.2B
$2.2B
Total Assets
$5.7B
$3.8B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLS
FLS
NXT
NXT
Q4 25
$760.2M
$952.6M
Q3 25
$845.3M
Q2 25
$743.4M
Q1 25
$766.1M
Q4 24
$675.4M
$693.5M
Q3 24
$561.9M
Q2 24
$471.9M
Q1 24
$474.1M
Total Debt
FLS
FLS
NXT
NXT
Q4 25
$1.6B
Q3 25
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FLS
FLS
NXT
NXT
Q4 25
$2.2B
$2.2B
Q3 25
$2.3B
$2.0B
Q2 25
$2.2B
$1.8B
Q1 25
$2.1B
$1.6B
Q4 24
$2.0B
$1.4B
Q3 24
$2.1B
$1.3B
Q2 24
$2.0B
$1.1B
Q1 24
$2.0B
$961.0M
Total Assets
FLS
FLS
NXT
NXT
Q4 25
$5.7B
$3.8B
Q3 25
$5.8B
$3.7B
Q2 25
$5.7B
$3.4B
Q1 25
$5.5B
$3.2B
Q4 24
$5.5B
$3.0B
Q3 24
$5.3B
$2.8B
Q2 24
$5.2B
$2.6B
Q1 24
$5.1B
$2.5B
Debt / Equity
FLS
FLS
NXT
NXT
Q4 25
0.72×
Q3 25
Q2 25
Q1 25
Q4 24
0.75×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
FLS
FLS
NXT
NXT
Operating Cash FlowLast quarter
$-174.0K
$123.3M
Free Cash FlowOCF − Capex
$-25.6M
$118.5M
FCF MarginFCF / Revenue
-2.1%
13.0%
Capex IntensityCapex / Revenue
2.1%
0.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$435.0M
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLS
FLS
NXT
NXT
Q4 25
$-174.0K
$123.3M
Q3 25
$401.8M
$186.9M
Q2 25
$154.1M
$81.3M
Q1 25
$-49.9M
$237.3M
Q4 24
$197.3M
$143.8M
Q3 24
$178.5M
$153.8M
Q2 24
$-12.8M
$120.8M
Q1 24
$62.3M
$111.5M
Free Cash Flow
FLS
FLS
NXT
NXT
Q4 25
$-25.6M
$118.5M
Q3 25
$384.7M
$171.4M
Q2 25
$137.5M
$70.1M
Q1 25
$-61.7M
$227.2M
Q4 24
$168.5M
$134.9M
Q3 24
$154.6M
$141.8M
Q2 24
$-27.5M
$118.0M
Q1 24
$48.6M
$109.2M
FCF Margin
FLS
FLS
NXT
NXT
Q4 25
-2.1%
13.0%
Q3 25
32.8%
18.9%
Q2 25
11.6%
8.1%
Q1 25
-5.4%
24.6%
Q4 24
14.3%
19.9%
Q3 24
13.6%
22.3%
Q2 24
-2.4%
16.4%
Q1 24
4.5%
14.8%
Capex Intensity
FLS
FLS
NXT
NXT
Q4 25
2.1%
0.5%
Q3 25
1.5%
1.7%
Q2 25
1.4%
1.3%
Q1 25
1.0%
1.1%
Q4 24
2.4%
1.3%
Q3 24
2.1%
1.9%
Q2 24
1.3%
0.4%
Q1 24
1.3%
0.3%
Cash Conversion
FLS
FLS
NXT
NXT
Q4 25
0.94×
Q3 25
1.83×
1.27×
Q2 25
1.89×
0.52×
Q1 25
-0.68×
1.51×
Q4 24
2.55×
1.25×
Q3 24
3.06×
1.33×
Q2 24
-0.18×
0.99×
Q1 24
0.84×
0.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLS
FLS

Aftermarket Equipment$563.4M46%
FCD$390.3M32%
Original Equipment$268.5M22%

NXT
NXT

Transferred Over Time$763.9M84%
Transferred At Point In Time$145.4M16%

Related Comparisons