vs
Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and Nextpower Inc. (NXT). Click either name above to swap in a different company.
Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $909.4M, roughly 1.1× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 2.2%, a 12.2% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 4.5%). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs -6.2%).
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
LBRT vs NXT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $909.4M |
| Net Profit | $22.6M | $131.2M |
| Gross Margin | — | 31.7% |
| Operating Margin | 2.2% | 19.4% |
| Net Margin | 2.2% | 14.4% |
| Revenue YoY | 4.5% | 33.9% |
| Net Profit YoY | — | 13.8% |
| EPS (diluted) | $0.14 | $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 | $1.0B | — | ||
| Q4 25 | $1.0B | $909.4M | ||
| Q3 25 | $947.4M | $905.3M | ||
| Q2 25 | $1.0B | $864.3M | ||
| Q1 25 | $977.5M | $924.3M | ||
| Q4 24 | $943.6M | $679.4M | ||
| Q3 24 | $1.1B | $635.6M | ||
| Q2 24 | $1.2B | $719.9M |
| Q1 26 | $22.6M | — | ||
| Q4 25 | $13.7M | $131.2M | ||
| Q3 25 | $43.1M | $146.9M | ||
| Q2 25 | $71.0M | $157.2M | ||
| Q1 25 | $20.1M | $156.8M | ||
| Q4 24 | $51.9M | $115.3M | ||
| Q3 24 | $73.8M | $115.4M | ||
| Q2 24 | $108.4M | $121.7M |
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | 31.7% | ||
| Q3 25 | 18.7% | 32.4% | ||
| Q2 25 | 22.1% | 32.6% | ||
| Q1 25 | 22.1% | 33.1% | ||
| Q4 24 | 21.4% | 35.5% | ||
| Q3 24 | 26.2% | 35.4% | ||
| Q2 24 | 27.9% | 33.0% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.9% | 19.4% | ||
| Q3 25 | -0.3% | 20.0% | ||
| Q2 25 | 3.6% | 21.5% | ||
| Q1 25 | 1.9% | 21.1% | ||
| Q4 24 | 2.6% | 22.1% | ||
| Q3 24 | 9.4% | 21.0% | ||
| Q2 24 | 12.2% | 22.2% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.3% | 14.4% | ||
| Q3 25 | 4.5% | 16.2% | ||
| Q2 25 | 6.8% | 18.2% | ||
| Q1 25 | 2.1% | 17.0% | ||
| Q4 24 | 5.5% | 17.0% | ||
| Q3 24 | 6.5% | 18.2% | ||
| Q2 24 | 9.3% | 16.9% |
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.08 | $0.85 | ||
| Q3 25 | $0.26 | $0.97 | ||
| Q2 25 | $0.43 | $1.04 | ||
| Q1 25 | $0.12 | $1.05 | ||
| Q4 24 | $0.31 | $0.79 | ||
| Q3 24 | $0.44 | $0.79 | ||
| Q2 24 | $0.64 | $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 | $699.1M | $952.6M |
| Total DebtLower is stronger | $7.1M | — |
| Stockholders' EquityBook value | $1.9B | $2.2B |
| Total Assets | $4.4B | $3.8B |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $699.1M | — | ||
| Q4 25 | $27.6M | $952.6M | ||
| Q3 25 | $13.5M | $845.3M | ||
| Q2 25 | $19.6M | $743.4M | ||
| Q1 25 | $24.1M | $766.1M | ||
| Q4 24 | $20.0M | $693.5M | ||
| Q3 24 | $23.0M | $561.9M | ||
| Q2 24 | $30.0M | $471.9M |
| Q1 26 | $7.1M | — | ||
| Q4 25 | $246.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $190.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.1B | $2.2B | ||
| Q3 25 | $2.1B | $2.0B | ||
| Q2 25 | $2.0B | $1.8B | ||
| Q1 25 | $2.0B | $1.6B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $1.9B | $1.1B |
| Q1 26 | $4.4B | — | ||
| Q4 25 | $3.6B | $3.8B | ||
| Q3 25 | $3.5B | $3.7B | ||
| Q2 25 | $3.4B | $3.4B | ||
| Q1 25 | $3.4B | $3.2B | ||
| Q4 24 | $3.3B | $3.0B | ||
| Q3 24 | $3.3B | $2.8B | ||
| Q2 24 | $3.2B | $2.6B |
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.12× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.10× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | 13.1% | 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 | $195.4M | $123.3M | ||
| Q3 25 | $51.5M | $186.9M | ||
| Q2 25 | $170.6M | $81.3M | ||
| Q1 25 | $192.1M | $237.3M | ||
| Q4 24 | $177.3M | $143.8M | ||
| Q3 24 | $244.5M | $153.8M | ||
| Q2 24 | $248.2M | $120.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-10.0M | $118.5M | ||
| Q3 25 | $-67.2M | $171.4M | ||
| Q2 25 | $33.1M | $70.1M | ||
| Q1 25 | $58.2M | $227.2M | ||
| Q4 24 | $-26.2M | $134.9M | ||
| Q3 24 | $77.9M | $141.8M | ||
| Q2 24 | $112.2M | $118.0M |
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 13.0% | ||
| Q3 25 | -7.1% | 18.9% | ||
| Q2 25 | 3.2% | 8.1% | ||
| Q1 25 | 6.0% | 24.6% | ||
| Q4 24 | -2.8% | 19.9% | ||
| Q3 24 | 6.8% | 22.3% | ||
| Q2 24 | 9.7% | 16.4% |
| Q1 26 | 13.1% | — | ||
| Q4 25 | 19.8% | 0.5% | ||
| Q3 25 | 12.5% | 1.7% | ||
| Q2 25 | 13.2% | 1.3% | ||
| Q1 25 | 13.7% | 1.1% | ||
| Q4 24 | 21.6% | 1.3% | ||
| Q3 24 | 14.6% | 1.9% | ||
| Q2 24 | 11.7% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 14.28× | 0.94× | ||
| Q3 25 | 1.20× | 1.27× | ||
| Q2 25 | 2.40× | 0.52× | ||
| Q1 25 | 9.55× | 1.51× | ||
| Q4 24 | 3.42× | 1.25× | ||
| Q3 24 | 3.31× | 1.33× | ||
| Q2 24 | 2.29× | 0.99× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LBRT
Segment breakdown not available.
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
