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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and NETSCOUT SYSTEMS INC (NTCT). Click either name above to swap in a different company.

NETSCOUT SYSTEMS INC is the larger business by last-quarter revenue ($250.7M vs $179.4M, roughly 1.4× HEARTLAND EXPRESS INC). NETSCOUT SYSTEMS INC runs the higher net margin — 22.0% vs -10.8%, a 32.8% gap on every dollar of revenue. On growth, NETSCOUT SYSTEMS INC posted the faster year-over-year revenue change (-0.5% vs -26.1%). NETSCOUT SYSTEMS INC produced more free cash flow last quarter ($59.3M vs $-44.2M). Over the past eight quarters, NETSCOUT SYSTEMS INC's revenue compounded faster (11.0% CAGR vs -18.5%).

Heartland Express is an American trucking company headquartered in North Liberty, Iowa. The company offers truckload shipping services across the United States.

NETSCOUT Systems, Inc. is an American technology company that specializes in software observability, deep packet inspection, DDoS mitigation and AIOps. Headquartered in Westford, Massachusetts, the company was founded in 1984 by Anil Singhal and Narendra Popat, originally under the name Frontier Software.

HTLD vs NTCT — Head-to-Head

Bigger by revenue
NTCT
NTCT
1.4× larger
NTCT
$250.7M
$179.4M
HTLD
Growing faster (revenue YoY)
NTCT
NTCT
+25.5% gap
NTCT
-0.5%
-26.1%
HTLD
Higher net margin
NTCT
NTCT
32.8% more per $
NTCT
22.0%
-10.8%
HTLD
More free cash flow
NTCT
NTCT
$103.5M more FCF
NTCT
$59.3M
$-44.2M
HTLD
Faster 2-yr revenue CAGR
NTCT
NTCT
Annualised
NTCT
11.0%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HTLD
HTLD
NTCT
NTCT
Revenue
$179.4M
$250.7M
Net Profit
$-19.4M
$55.1M
Gross Margin
81.6%
Operating Margin
-12.7%
25.7%
Net Margin
-10.8%
22.0%
Revenue YoY
-26.1%
-0.5%
Net Profit YoY
-949.2%
13.0%
EPS (diluted)
$-0.24
$0.75

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
HTLD
HTLD
NTCT
NTCT
Q4 25
$179.4M
$250.7M
Q3 25
$196.5M
$219.0M
Q2 25
$210.4M
$186.7M
Q1 25
$219.4M
$205.0M
Q4 24
$242.6M
$252.0M
Q3 24
$259.9M
$191.1M
Q2 24
$274.8M
$174.6M
Q1 24
$270.3M
$203.4M
Net Profit
HTLD
HTLD
NTCT
NTCT
Q4 25
$-19.4M
$55.1M
Q3 25
$-8.3M
$25.8M
Q2 25
$-10.9M
$-3.7M
Q1 25
$-13.9M
$18.6M
Q4 24
$-1.9M
$48.8M
Q3 24
$-9.3M
$9.0M
Q2 24
$-3.5M
$-443.4M
Q1 24
$-15.1M
$-32.4M
Gross Margin
HTLD
HTLD
NTCT
NTCT
Q4 25
81.6%
Q3 25
80.1%
Q2 25
76.7%
Q1 25
77.7%
Q4 24
81.5%
Q3 24
78.0%
Q2 24
74.6%
Q1 24
75.3%
Operating Margin
HTLD
HTLD
NTCT
NTCT
Q4 25
-12.7%
25.7%
Q3 25
-3.7%
14.8%
Q2 25
-5.9%
-3.5%
Q1 25
-6.8%
9.7%
Q4 24
0.4%
24.5%
Q3 24
-2.7%
7.4%
Q2 24
0.1%
-265.4%
Q1 24
-5.3%
-18.2%
Net Margin
HTLD
HTLD
NTCT
NTCT
Q4 25
-10.8%
22.0%
Q3 25
-4.2%
11.8%
Q2 25
-5.2%
-2.0%
Q1 25
-6.3%
9.1%
Q4 24
-0.8%
19.4%
Q3 24
-3.6%
4.7%
Q2 24
-1.3%
-254.0%
Q1 24
-5.6%
-15.9%
EPS (diluted)
HTLD
HTLD
NTCT
NTCT
Q4 25
$-0.24
$0.75
Q3 25
$-0.11
$0.35
Q2 25
$-0.14
$-0.05
Q1 25
$-0.18
$0.28
Q4 24
$-0.03
$0.67
Q3 24
$-0.12
$0.13
Q2 24
$-0.04
$-6.20
Q1 24
$-0.19
$-0.43

Balance Sheet & Financial Strength

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

Metric
HTLD
HTLD
NTCT
NTCT
Cash + ST InvestmentsLiquidity on hand
$18.5M
$540.6M
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$1.6B
Total Assets
$1.2B
$2.3B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
NTCT
NTCT
Q4 25
$18.5M
$540.6M
Q3 25
$32.7M
$483.4M
Q2 25
$22.9M
$489.6M
Q1 25
$23.9M
$457.4M
Q4 24
$12.8M
$398.4M
Q3 24
$30.7M
$363.4M
Q2 24
$23.9M
$362.2M
Q1 24
$23.8M
$389.7M
Total Debt
HTLD
HTLD
NTCT
NTCT
Q4 25
$154.1M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTLD
HTLD
NTCT
NTCT
Q4 25
$755.3M
$1.6B
Q3 25
$775.6M
$1.6B
Q2 25
$786.7M
$1.5B
Q1 25
$807.7M
$1.6B
Q4 24
$822.6M
$1.5B
Q3 24
$825.7M
$1.5B
Q2 24
$836.8M
$1.4B
Q1 24
$848.8M
$1.9B
Total Assets
HTLD
HTLD
NTCT
NTCT
Q4 25
$1.2B
$2.3B
Q3 25
$1.3B
$2.2B
Q2 25
$1.3B
$2.2B
Q1 25
$1.3B
$2.2B
Q4 24
$1.3B
$2.2B
Q3 24
$1.4B
$2.1B
Q2 24
$1.4B
$2.1B
Q1 24
$1.5B
$2.6B
Debt / Equity
HTLD
HTLD
NTCT
NTCT
Q4 25
0.20×
Q3 25
Q2 25
Q1 25
Q4 24
0.23×
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
HTLD
HTLD
NTCT
NTCT
Operating Cash FlowLast quarter
$14.9M
$62.1M
Free Cash FlowOCF − Capex
$-44.2M
$59.3M
FCF MarginFCF / Revenue
-24.6%
23.6%
Capex IntensityCapex / Revenue
33.0%
1.1%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-66.9M
$275.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
NTCT
NTCT
Q4 25
$14.9M
$62.1M
Q3 25
$27.5M
$6.7M
Q2 25
$21.0M
$73.6M
Q1 25
$25.8M
$141.5M
Q4 24
$37.8M
$41.5M
Q3 24
$35.6M
$-3.7M
Q2 24
$40.0M
$38.4M
Q1 24
$31.0M
$93.6M
Free Cash Flow
HTLD
HTLD
NTCT
NTCT
Q4 25
$-44.2M
$59.3M
Q3 25
$-12.2M
$4.4M
Q2 25
$-12.8M
$71.7M
Q1 25
$2.3M
$140.1M
Q4 24
$-45.5M
$39.6M
Q3 24
$24.6M
$-4.6M
Q2 24
$29.4M
$37.2M
Q1 24
$26.3M
$92.0M
FCF Margin
HTLD
HTLD
NTCT
NTCT
Q4 25
-24.6%
23.6%
Q3 25
-6.2%
2.0%
Q2 25
-6.1%
38.4%
Q1 25
1.0%
68.4%
Q4 24
-18.8%
15.7%
Q3 24
9.5%
-2.4%
Q2 24
10.7%
21.3%
Q1 24
9.7%
45.2%
Capex Intensity
HTLD
HTLD
NTCT
NTCT
Q4 25
33.0%
1.1%
Q3 25
20.2%
1.0%
Q2 25
16.1%
1.0%
Q1 25
10.7%
0.7%
Q4 24
34.3%
0.7%
Q3 24
4.2%
0.5%
Q2 24
3.8%
0.7%
Q1 24
1.7%
0.8%
Cash Conversion
HTLD
HTLD
NTCT
NTCT
Q4 25
1.13×
Q3 25
0.26×
Q2 25
Q1 25
7.60×
Q4 24
0.85×
Q3 24
-0.41×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTLD
HTLD

Segment breakdown not available.

NTCT
NTCT

Services$129.0M51%
Products$121.7M49%

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