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Side-by-side financial comparison of FULLER H B CO (FUL) 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 $892.0M, roughly 1.0× FULLER H B CO). Nextpower Inc. runs the higher net margin — 14.4% vs 7.5%, a 6.9% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs -2.8%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $68.9M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 5.0%).

H.B. Fuller Company is an American multinational adhesives manufacturing company headquartered in St. Paul, Minnesota. H.B. Fuller manufactures more than 20,000 products for a variety of applications, including those used in construction, engineering, electronics, hygiene products, and food packaging. Its products are made at 81 manufacturing facilities in 26 countries. As of 2024, it was the fourth-largest manufacturer of adhesives and sealants in the world, employed approximately 7,500 peop...

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

FUL vs NXT — Head-to-Head

Bigger by revenue
NXT
NXT
1.0× larger
NXT
$909.4M
$892.0M
FUL
Growing faster (revenue YoY)
NXT
NXT
+36.7% gap
NXT
33.9%
-2.8%
FUL
Higher net margin
NXT
NXT
6.9% more per $
NXT
14.4%
7.5%
FUL
More free cash flow
NXT
NXT
$49.6M more FCF
NXT
$118.5M
$68.9M
FUL
Faster 2-yr revenue CAGR
NXT
NXT
Annualised
NXT
11.1%
5.0%
FUL

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
FUL
FUL
NXT
NXT
Revenue
$892.0M
$909.4M
Net Profit
$67.2M
$131.2M
Gross Margin
32.0%
31.7%
Operating Margin
12.3%
19.4%
Net Margin
7.5%
14.4%
Revenue YoY
-2.8%
33.9%
Net Profit YoY
21.3%
13.8%
EPS (diluted)
$1.22
$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
FUL
FUL
NXT
NXT
Q4 25
$909.4M
Q3 25
$892.0M
$905.3M
Q2 25
$898.1M
$864.3M
Q1 25
$924.3M
Q4 24
$679.4M
Q3 24
$917.9M
$635.6M
Q2 24
$719.9M
Q1 24
$810.4M
$736.5M
Net Profit
FUL
FUL
NXT
NXT
Q4 25
$131.2M
Q3 25
$67.2M
$146.9M
Q2 25
$41.8M
$157.2M
Q1 25
$156.8M
Q4 24
$115.3M
Q3 24
$55.4M
$115.4M
Q2 24
$121.7M
Q1 24
$31.0M
$205.2M
Gross Margin
FUL
FUL
NXT
NXT
Q4 25
31.7%
Q3 25
32.0%
32.4%
Q2 25
31.9%
32.6%
Q1 25
33.1%
Q4 24
35.5%
Q3 24
30.0%
35.4%
Q2 24
33.0%
Q1 24
29.5%
46.2%
Operating Margin
FUL
FUL
NXT
NXT
Q4 25
19.4%
Q3 25
12.3%
20.0%
Q2 25
11.1%
21.5%
Q1 25
21.1%
Q4 24
22.1%
Q3 24
11.4%
21.0%
Q2 24
22.2%
Q1 24
8.3%
36.8%
Net Margin
FUL
FUL
NXT
NXT
Q4 25
14.4%
Q3 25
7.5%
16.2%
Q2 25
4.7%
18.2%
Q1 25
17.0%
Q4 24
17.0%
Q3 24
6.0%
18.2%
Q2 24
16.9%
Q1 24
3.8%
27.9%
EPS (diluted)
FUL
FUL
NXT
NXT
Q4 25
$0.85
Q3 25
$1.22
$0.97
Q2 25
$0.76
$1.04
Q1 25
$1.05
Q4 24
$0.79
Q3 24
$0.98
$0.79
Q2 24
$0.84
Q1 24
$0.55
$1.52

Balance Sheet & Financial Strength

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

Metric
FUL
FUL
NXT
NXT
Cash + ST InvestmentsLiquidity on hand
$122.5M
$952.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$2.2B
Total Assets
$5.2B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUL
FUL
NXT
NXT
Q4 25
$952.6M
Q3 25
$122.5M
$845.3M
Q2 25
$96.8M
$743.4M
Q1 25
$766.1M
Q4 24
$693.5M
Q3 24
$131.4M
$561.9M
Q2 24
$471.9M
Q1 24
$165.2M
$474.1M
Stockholders' Equity
FUL
FUL
NXT
NXT
Q4 25
$2.2B
Q3 25
$2.0B
$2.0B
Q2 25
$1.9B
$1.8B
Q1 25
$1.6B
Q4 24
$1.4B
Q3 24
$1.8B
$1.3B
Q2 24
$1.1B
Q1 24
$1.8B
$961.0M
Total Assets
FUL
FUL
NXT
NXT
Q4 25
$3.8B
Q3 25
$5.2B
$3.7B
Q2 25
$5.1B
$3.4B
Q1 25
$3.2B
Q4 24
$3.0B
Q3 24
$5.0B
$2.8B
Q2 24
$2.6B
Q1 24
$4.7B
$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
FUL
FUL
NXT
NXT
Operating Cash FlowLast quarter
$99.0M
$123.3M
Free Cash FlowOCF − Capex
$68.9M
$118.5M
FCF MarginFCF / Revenue
7.7%
13.0%
Capex IntensityCapex / Revenue
3.4%
0.5%
Cash ConversionOCF / Net Profit
1.47×
0.94×
TTM Free Cash FlowTrailing 4 quarters
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUL
FUL
NXT
NXT
Q4 25
$123.3M
Q3 25
$99.0M
$186.9M
Q2 25
$81.3M
Q1 25
$237.3M
Q4 24
$143.8M
Q3 24
$169.4M
$153.8M
Q2 24
$120.8M
Q1 24
$47.4M
$111.5M
Free Cash Flow
FUL
FUL
NXT
NXT
Q4 25
$118.5M
Q3 25
$68.9M
$171.4M
Q2 25
$70.1M
Q1 25
$227.2M
Q4 24
$134.9M
Q3 24
$99.9M
$141.8M
Q2 24
$118.0M
Q1 24
$4.1M
$109.2M
FCF Margin
FUL
FUL
NXT
NXT
Q4 25
13.0%
Q3 25
7.7%
18.9%
Q2 25
8.1%
Q1 25
24.6%
Q4 24
19.9%
Q3 24
10.9%
22.3%
Q2 24
16.4%
Q1 24
0.5%
14.8%
Capex Intensity
FUL
FUL
NXT
NXT
Q4 25
0.5%
Q3 25
3.4%
1.7%
Q2 25
1.3%
Q1 25
1.1%
Q4 24
1.3%
Q3 24
7.6%
1.9%
Q2 24
0.4%
Q1 24
5.3%
0.3%
Cash Conversion
FUL
FUL
NXT
NXT
Q4 25
0.94×
Q3 25
1.47×
1.27×
Q2 25
0.52×
Q1 25
1.51×
Q4 24
1.25×
Q3 24
3.06×
1.33×
Q2 24
0.99×
Q1 24
1.53×
0.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FUL
FUL

Hygiene Health And Consumable Adhesives$386.1M43%
Engineering Adhesives$272.3M31%
Building Adhesives Solutions$233.7M26%

NXT
NXT

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

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