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Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) 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 $458.6M, roughly 2.0× WARRIOR MET COAL, INC.). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs 14.4%, a 1.3% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 33.9%). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 7.5%).
Warrior Met Coal, Inc. (ticker HCC) is a U.S.-headquartered mining enterprise that produces and distributes high-grade metallurgical coal, a key raw material for steel production. It serves steel manufacturers and industrial clients across core markets including North America, Europe, and Asia.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
HCC vs NXT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $458.6M | $909.4M |
| Net Profit | $72.3M | $131.2M |
| Gross Margin | 36.7% | 31.7% |
| Operating Margin | 17.3% | 19.4% |
| Net Margin | 15.8% | 14.4% |
| Revenue YoY | 52.1% | 33.9% |
| Net Profit YoY | — | 13.8% |
| EPS (diluted) | $1.37 | $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.
| Q1 26 | $458.6M | — | ||
| Q4 25 | $384.0M | $909.4M | ||
| Q3 25 | $328.6M | $905.3M | ||
| Q2 25 | $297.5M | $864.3M | ||
| Q1 25 | $299.9M | $924.3M | ||
| Q4 24 | $297.5M | $679.4M | ||
| Q3 24 | $327.7M | $635.6M | ||
| Q2 24 | $396.5M | $719.9M |
| Q1 26 | $72.3M | — | ||
| Q4 25 | $23.0M | $131.2M | ||
| Q3 25 | $36.6M | $146.9M | ||
| Q2 25 | $5.6M | $157.2M | ||
| Q1 25 | $-8.2M | $156.8M | ||
| Q4 24 | $1.1M | $115.3M | ||
| Q3 24 | $41.8M | $115.4M | ||
| Q2 24 | $70.7M | $121.7M |
| Q1 26 | 36.7% | — | ||
| Q4 25 | 29.5% | 31.7% | ||
| Q3 25 | 27.1% | 32.4% | ||
| Q2 25 | 23.9% | 32.6% | ||
| Q1 25 | 18.1% | 33.1% | ||
| Q4 24 | 23.1% | 35.5% | ||
| Q3 24 | 29.3% | 35.4% | ||
| Q2 24 | 34.1% | 33.0% |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 9.0% | 19.4% | ||
| Q3 25 | 6.3% | 20.0% | ||
| Q2 25 | 2.6% | 21.5% | ||
| Q1 25 | -5.8% | 21.1% | ||
| Q4 24 | -1.4% | 22.1% | ||
| Q3 24 | 11.9% | 21.0% | ||
| Q2 24 | 17.9% | 22.2% |
| Q1 26 | 15.8% | — | ||
| Q4 25 | 6.0% | 14.4% | ||
| Q3 25 | 11.1% | 16.2% | ||
| Q2 25 | 1.9% | 18.2% | ||
| Q1 25 | -2.7% | 17.0% | ||
| Q4 24 | 0.4% | 17.0% | ||
| Q3 24 | 12.7% | 18.2% | ||
| Q2 24 | 17.8% | 16.9% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $0.43 | $0.85 | ||
| Q3 25 | $0.70 | $0.97 | ||
| Q2 25 | $0.11 | $1.04 | ||
| Q1 25 | $-0.16 | $1.05 | ||
| Q4 24 | $0.02 | $0.79 | ||
| Q3 24 | $0.80 | $0.79 | ||
| Q2 24 | $1.35 | $0.84 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $233.2M | $952.6M |
| Total DebtLower is stronger | $154.4M | — |
| Stockholders' EquityBook value | — | $2.2B |
| Total Assets | $2.8B | $3.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $233.2M | — | ||
| Q4 25 | $300.0M | $952.6M | ||
| Q3 25 | $336.3M | $845.3M | ||
| Q2 25 | $383.3M | $743.4M | ||
| Q1 25 | $454.9M | $766.1M | ||
| Q4 24 | $491.5M | $693.5M | ||
| Q3 24 | $583.2M | $561.9M | ||
| Q2 24 | $709.0M | $471.9M |
| Q1 26 | $154.4M | — | ||
| Q4 25 | $154.3M | — | ||
| Q3 25 | $154.1M | — | ||
| Q2 25 | $153.9M | — | ||
| Q1 25 | $153.8M | — | ||
| Q4 24 | $153.6M | — | ||
| Q3 24 | $153.5M | — | ||
| Q2 24 | $153.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $2.2B | ||
| Q3 25 | $2.1B | $2.0B | ||
| Q2 25 | $2.1B | $1.8B | ||
| Q1 25 | $2.1B | $1.6B | ||
| Q4 24 | $2.1B | $1.4B | ||
| Q3 24 | $2.1B | $1.3B | ||
| Q2 24 | $2.0B | $1.1B |
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | $3.8B | ||
| Q3 25 | $2.7B | $3.7B | ||
| Q2 25 | $2.6B | $3.4B | ||
| Q1 25 | $2.6B | $3.2B | ||
| Q4 24 | $2.6B | $3.0B | ||
| Q3 24 | $2.6B | $2.8B | ||
| Q2 24 | $2.6B | $2.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.07× | — | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 0.07× | — |
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 | — | $123.3M |
| Free Cash FlowOCF − Capex | — | $118.5M |
| FCF MarginFCF / Revenue | — | 13.0% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | — | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | — | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $76.1M | $123.3M | ||
| Q3 25 | $104.7M | $186.9M | ||
| Q2 25 | $37.5M | $81.3M | ||
| Q1 25 | $10.9M | $237.3M | ||
| Q4 24 | $54.2M | $143.8M | ||
| Q3 24 | $62.2M | $153.8M | ||
| Q2 24 | $147.0M | $120.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 3.31× | 0.94× | ||
| Q3 25 | 2.86× | 1.27× | ||
| Q2 25 | 6.70× | 0.52× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | 47.68× | 1.25× | ||
| Q3 24 | 1.49× | 1.33× | ||
| Q2 24 | 2.08× | 0.99× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCC
| Sales | $448.5M | 98% |
| Other revenues | $10.1M | 2% |
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
