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Side-by-side financial comparison of FrontView REIT, Inc. (FVR) and NextPlat Corp (NXPL). Click either name above to swap in a different company.

FrontView REIT, Inc. is the larger business by last-quarter revenue ($16.5M vs $12.8M, roughly 1.3× NextPlat Corp). FrontView REIT, Inc. runs the higher net margin — -24.9% vs -40.2%, a 15.3% gap on every dollar of revenue.

FVR vs NXPL — Head-to-Head

Bigger by revenue
FVR
FVR
1.3× larger
FVR
$16.5M
$12.8M
NXPL
Higher net margin
FVR
FVR
15.3% more per $
FVR
-24.9%
-40.2%
NXPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FVR
FVR
NXPL
NXPL
Revenue
$16.5M
$12.8M
Net Profit
$-4.1M
$-5.1M
Gross Margin
14.3%
Operating Margin
-28.9%
Net Margin
-24.9%
-40.2%
Revenue YoY
-21.1%
Net Profit YoY
-70.6%
EPS (diluted)
$-0.19

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
FVR
FVR
NXPL
NXPL
Q4 25
$16.5M
$12.8M
Q3 25
$16.8M
$13.8M
Q2 25
$17.6M
$13.2M
Q1 25
$16.2M
$14.5M
Q4 24
$16.2M
Q3 24
$14.5M
$15.4M
Q2 24
$17.0M
Q1 24
$17.5M
Net Profit
FVR
FVR
NXPL
NXPL
Q4 25
$-4.1M
$-5.1M
Q3 25
$4.0M
$-2.2M
Q2 25
$-2.9M
$-1.8M
Q1 25
$-833.0K
$-1.3M
Q4 24
$-3.0M
Q3 24
$-2.4M
$-4.2M
Q2 24
$-5.3M
Q1 24
$-1.5M
Gross Margin
FVR
FVR
NXPL
NXPL
Q4 25
14.3%
Q3 25
19.9%
Q2 25
21.8%
Q1 25
23.8%
Q4 24
16.8%
Q3 24
23.2%
Q2 24
34.5%
Q1 24
27.8%
Operating Margin
FVR
FVR
NXPL
NXPL
Q4 25
-28.9%
Q3 25
-14.5%
Q2 25
-13.8%
Q1 25
-10.2%
Q4 24
-14.1%
Q3 24
-52.1%
Q2 24
-64.1%
Q1 24
-10.5%
Net Margin
FVR
FVR
NXPL
NXPL
Q4 25
-24.9%
-40.2%
Q3 25
23.9%
-15.9%
Q2 25
-16.5%
-13.5%
Q1 25
-5.1%
-9.2%
Q4 24
-18.6%
Q3 24
-16.7%
-27.4%
Q2 24
-31.3%
Q1 24
-8.5%
EPS (diluted)
FVR
FVR
NXPL
NXPL
Q4 25
$-0.19
Q3 25
$0.19
Q2 25
$-0.16
Q1 25
$-0.06
$-0.05
Q4 24
Q3 24
$-0.22
Q2 24
Q1 24
$-0.08

Balance Sheet & Financial Strength

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

Metric
FVR
FVR
NXPL
NXPL
Cash + ST InvestmentsLiquidity on hand
$13.5M
$13.7M
Total DebtLower is stronger
$314.3M
$1.3M
Stockholders' EquityBook value
$391.2M
$17.3M
Total Assets
$854.4M
$27.5M
Debt / EquityLower = less leverage
0.80×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVR
FVR
NXPL
NXPL
Q4 25
$13.5M
$13.7M
Q3 25
$19.6M
$13.9M
Q2 25
$8.4M
$16.6M
Q1 25
$3.3M
$17.7M
Q4 24
$20.0M
Q3 24
$20.4M
Q2 24
$24.9M
Q1 24
$23.5M
Total Debt
FVR
FVR
NXPL
NXPL
Q4 25
$314.3M
$1.3M
Q3 25
$307.1M
$1.2M
Q2 25
$316.9M
$1.2M
Q1 25
$310.2M
$1.3M
Q4 24
$1.4M
Q3 24
$1.5M
Q2 24
$1.3M
Q1 24
$1.4M
Stockholders' Equity
FVR
FVR
NXPL
NXPL
Q4 25
$391.2M
$17.3M
Q3 25
$385.2M
$21.4M
Q2 25
$369.9M
$23.5M
Q1 25
$324.7M
$25.3M
Q4 24
$27.3M
Q3 24
$1.0K
$22.5M
Q2 24
$26.5M
Q1 24
$31.2M
Total Assets
FVR
FVR
NXPL
NXPL
Q4 25
$854.4M
$27.5M
Q3 25
$846.8M
$30.0M
Q2 25
$856.5M
$31.0M
Q1 25
$860.8M
$35.2M
Q4 24
$37.1M
Q3 24
$1.0K
$41.1M
Q2 24
$51.5M
Q1 24
$65.1M
Debt / Equity
FVR
FVR
NXPL
NXPL
Q4 25
0.80×
0.07×
Q3 25
0.80×
0.05×
Q2 25
0.86×
0.05×
Q1 25
0.96×
0.05×
Q4 24
0.05×
Q3 24
0.07×
Q2 24
0.05×
Q1 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
FVR
FVR
NXPL
NXPL
Operating Cash FlowLast quarter
$42.1M
$-302.0K
Free Cash FlowOCF − Capex
$-339.0K
FCF MarginFCF / Revenue
-2.6%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVR
FVR
NXPL
NXPL
Q4 25
$42.1M
$-302.0K
Q3 25
$8.3M
$-2.7M
Q2 25
$9.3M
$-1.0M
Q1 25
$8.1M
$-2.1M
Q4 24
$-476.0K
Q3 24
$-4.6M
Q2 24
$2.3M
Q1 24
$-2.7M
Free Cash Flow
FVR
FVR
NXPL
NXPL
Q4 25
$-339.0K
Q3 25
Q2 25
$-1.1M
Q1 25
$-2.1M
Q4 24
$-508.0K
Q3 24
$-4.7M
Q2 24
$2.2M
Q1 24
$-2.7M
FCF Margin
FVR
FVR
NXPL
NXPL
Q4 25
-2.6%
Q3 25
Q2 25
-8.0%
Q1 25
-14.3%
Q4 24
-3.1%
Q3 24
-30.6%
Q2 24
13.2%
Q1 24
-15.7%
Capex Intensity
FVR
FVR
NXPL
NXPL
Q4 25
0.3%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.2%
Q4 24
0.2%
Q3 24
0.6%
Q2 24
0.4%
Q1 24
0.4%
Cash Conversion
FVR
FVR
NXPL
NXPL
Q4 25
Q3 25
2.06×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FVR
FVR

Segment breakdown not available.

NXPL
NXPL

Healthcare Operations$9.0M70%
Ecommerce Revenue$3.8M30%

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