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Side-by-side financial comparison of INTEST CORP (INTT) and NATURAL RESOURCE PARTNERS LP (NRP). Click either name above to swap in a different company.

NATURAL RESOURCE PARTNERS LP is the larger business by last-quarter revenue ($51.3M vs $32.8M, roughly 1.6× INTEST CORP). NATURAL RESOURCE PARTNERS LP runs the higher net margin — 78.5% vs 3.8%, a 74.7% gap on every dollar of revenue. On growth, INTEST CORP posted the faster year-over-year revenue change (-10.3% vs -21.8%). Over the past eight quarters, INTEST CORP's revenue compounded faster (4.9% CAGR vs -8.3%).

INTTEST Corp designs, manufactures and distributes precision test and process control solutions for the global semiconductor manufacturing ecosystem. Its offerings include thermal management systems, test interface hardware, and wafer handling tools, serving semiconductor fabs, chip design firms, and automotive and industrial electronics end segments.

Natural Resource Partners LP is a U.S.-headquartered master limited partnership that owns, manages and leases mineral reserve interests. Its asset portfolio covers coal, aggregates, industrial minerals and oil & gas, with operations primarily across North America, deriving most revenue from royalties paid by third-party resource extraction operators.

INTT vs NRP — Head-to-Head

Bigger by revenue
NRP
NRP
1.6× larger
NRP
$51.3M
$32.8M
INTT
Growing faster (revenue YoY)
INTT
INTT
+11.5% gap
INTT
-10.3%
-21.8%
NRP
Higher net margin
NRP
NRP
74.7% more per $
NRP
78.5%
3.8%
INTT
Faster 2-yr revenue CAGR
INTT
INTT
Annualised
INTT
4.9%
-8.3%
NRP

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
INTT
INTT
NRP
NRP
Revenue
$32.8M
$51.3M
Net Profit
$1.2M
$40.3M
Gross Margin
45.4%
Operating Margin
3.9%
83.7%
Net Margin
3.8%
78.5%
Revenue YoY
-10.3%
-21.8%
Net Profit YoY
-17.4%
-28.4%
EPS (diluted)
$0.10

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
INTT
INTT
NRP
NRP
Q4 25
$32.8M
Q3 25
$26.2M
Q2 25
$28.1M
Q1 25
$26.6M
$51.3M
Q4 24
$36.6M
$61.8M
Q3 24
$30.3M
$50.4M
Q2 24
$34.0M
$54.6M
Q1 24
$29.8M
$65.6M
Net Profit
INTT
INTT
NRP
NRP
Q4 25
$1.2M
Q3 25
$-938.0K
Q2 25
$-503.0K
Q1 25
$-2.3M
$40.3M
Q4 24
$1.5M
$42.8M
Q3 24
$495.0K
$38.6M
Q2 24
$230.0K
$46.1M
Q1 24
$662.0K
$56.2M
Gross Margin
INTT
INTT
NRP
NRP
Q4 25
45.4%
Q3 25
41.9%
Q2 25
42.6%
Q1 25
41.5%
Q4 24
39.7%
Q3 24
46.3%
Q2 24
40.6%
Q1 24
43.8%
Operating Margin
INTT
INTT
NRP
NRP
Q4 25
3.9%
Q3 25
-4.5%
Q2 25
-3.3%
Q1 25
-10.8%
83.7%
Q4 24
5.7%
74.9%
Q3 24
1.6%
84.9%
Q2 24
1.0%
92.3%
Q1 24
1.6%
91.0%
Net Margin
INTT
INTT
NRP
NRP
Q4 25
3.8%
Q3 25
-3.6%
Q2 25
-1.8%
Q1 25
-8.7%
78.5%
Q4 24
4.1%
69.2%
Q3 24
1.6%
76.6%
Q2 24
0.7%
84.4%
Q1 24
2.2%
85.7%
EPS (diluted)
INTT
INTT
NRP
NRP
Q4 25
$0.10
Q3 25
$-0.08
Q2 25
$-0.04
Q1 25
$-0.19
Q4 24
$0.13
Q3 24
$0.04
Q2 24
$0.02
Q1 24
$0.05

Balance Sheet & Financial Strength

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

Metric
INTT
INTT
NRP
NRP
Cash + ST InvestmentsLiquidity on hand
$14.2M
$30.9M
Total DebtLower is stronger
$138.8M
Stockholders' EquityBook value
$103.6M
Total Assets
$151.3M
$772.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INTT
INTT
NRP
NRP
Q4 25
$14.2M
Q3 25
$16.2M
Q2 25
$19.2M
Q1 25
$22.0M
$30.9M
Q4 24
$19.8M
$30.4M
Q3 24
$18.0M
$30.9M
Q2 24
$20.4M
$32.3M
Q1 24
$27.3M
$11.0M
Total Debt
INTT
INTT
NRP
NRP
Q4 25
Q3 25
$4.9M
Q2 25
$5.9M
Q1 25
$6.9M
$138.8M
Q4 24
$7.9M
$142.1M
Q3 24
$9.0M
$197.4M
Q2 24
$10.0M
$210.3M
Q1 24
$11.0M
$188.8M
Stockholders' Equity
INTT
INTT
NRP
NRP
Q4 25
$103.6M
Q3 25
$101.9M
Q2 25
$102.6M
Q1 25
$99.4M
Q4 24
$99.8M
Q3 24
$100.4M
Q2 24
$99.5M
Q1 24
$99.3M
Total Assets
INTT
INTT
NRP
NRP
Q4 25
$151.3M
Q3 25
$148.3M
Q2 25
$149.7M
Q1 25
$148.0M
$772.5M
Q4 24
$152.3M
$772.9M
Q3 24
$158.4M
$772.9M
Q2 24
$160.6M
$789.6M
Q1 24
$159.5M
$772.9M
Debt / Equity
INTT
INTT
NRP
NRP
Q4 25
Q3 25
0.05×
Q2 25
0.06×
Q1 25
0.07×
Q4 24
0.08×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.11×

Cash Flow & Capital Efficiency

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

Metric
INTT
INTT
NRP
NRP
Operating Cash FlowLast quarter
$-1.0M
$34.4M
Free Cash FlowOCF − Capex
$-1.6M
FCF MarginFCF / Revenue
-4.7%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
-0.82×
0.86×
TTM Free Cash FlowTrailing 4 quarters
$5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INTT
INTT
NRP
NRP
Q4 25
$-1.0M
Q3 25
$3.5M
Q2 25
$-688.0K
Q1 25
$5.5M
$34.4M
Q4 24
$2.6M
$66.2M
Q3 24
$4.2M
$54.1M
Q2 24
$-5.1M
$56.6M
Q1 24
$2.1M
$71.5M
Free Cash Flow
INTT
INTT
NRP
NRP
Q4 25
$-1.6M
Q3 25
$3.1M
Q2 25
$-1.1M
Q1 25
$5.3M
Q4 24
$2.4M
Q3 24
$3.7M
Q2 24
$-5.4M
Q1 24
$1.7M
FCF Margin
INTT
INTT
NRP
NRP
Q4 25
-4.7%
Q3 25
11.8%
Q2 25
-4.1%
Q1 25
19.9%
Q4 24
6.6%
Q3 24
12.4%
Q2 24
-15.9%
Q1 24
5.8%
Capex Intensity
INTT
INTT
NRP
NRP
Q4 25
1.6%
Q3 25
1.6%
Q2 25
1.6%
Q1 25
0.9%
Q4 24
0.4%
0.0%
Q3 24
1.7%
0.0%
Q2 24
0.9%
0.0%
Q1 24
1.1%
0.0%
Cash Conversion
INTT
INTT
NRP
NRP
Q4 25
-0.82×
Q3 25
Q2 25
Q1 25
0.86×
Q4 24
1.72×
1.55×
Q3 24
8.58×
1.40×
Q2 24
-22.13×
1.23×
Q1 24
3.13×
1.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INTT
INTT

Environmental Technologies$8.3M25%
Semiconductor Market$6.9M21%
Thermal Testing Products$6.4M19%
Service And Other Products$4.8M15%
Oem Integrators And Distributor$3.5M11%
Semiconductor Production Test Products$3.0M9%

NRP
NRP

Coal Royalty Revenues$35.5M69%
Soda Ash Segment$4.6M9%
Transportation And Processing Services$4.4M9%
Production Lease Minimum Revenues$2.7M5%
Oil And Gas Royalty Revenues$2.4M5%
Other$1.6M3%

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