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Side-by-side financial comparison of MATTEL INC (MAT) and Nextpower Inc. (NXT). Click either name above to swap in a different company.

MATTEL INC is the larger business by last-quarter revenue ($1.8B vs $909.4M, roughly 1.9× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 6.0%, a 8.4% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 7.3%). Over the past eight quarters, MATTEL INC's revenue compounded faster (47.7% CAGR vs 11.1%).

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.

MAT vs NXT — Head-to-Head

Bigger by revenue
MAT
MAT
1.9× larger
MAT
$1.8B
$909.4M
NXT
Growing faster (revenue YoY)
NXT
NXT
+26.6% gap
NXT
33.9%
7.3%
MAT
Higher net margin
NXT
NXT
8.4% more per $
NXT
14.4%
6.0%
MAT
Faster 2-yr revenue CAGR
MAT
MAT
Annualised
MAT
47.7%
11.1%
NXT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MAT
MAT
NXT
NXT
Revenue
$1.8B
$909.4M
Net Profit
$106.2M
$131.2M
Gross Margin
45.9%
31.7%
Operating Margin
8.0%
19.4%
Net Margin
6.0%
14.4%
Revenue YoY
7.3%
33.9%
Net Profit YoY
-24.6%
13.8%
EPS (diluted)
$0.32
$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.

Revenue
MAT
MAT
NXT
NXT
Q4 25
$1.8B
$909.4M
Q3 25
$1.7B
$905.3M
Q2 25
$1.0B
$864.3M
Q1 25
$826.6M
$924.3M
Q4 24
$1.6B
$679.4M
Q3 24
$1.8B
$635.6M
Q2 24
$1.1B
$719.9M
Q1 24
$809.5M
$736.5M
Net Profit
MAT
MAT
NXT
NXT
Q4 25
$106.2M
$131.2M
Q3 25
$278.4M
$146.9M
Q2 25
$53.4M
$157.2M
Q1 25
$-40.3M
$156.8M
Q4 24
$140.9M
$115.3M
Q3 24
$372.4M
$115.4M
Q2 24
$56.9M
$121.7M
Q1 24
$-28.3M
$205.2M
Gross Margin
MAT
MAT
NXT
NXT
Q4 25
45.9%
31.7%
Q3 25
50.0%
32.4%
Q2 25
50.9%
32.6%
Q1 25
49.4%
33.1%
Q4 24
50.7%
35.5%
Q3 24
53.1%
35.4%
Q2 24
49.2%
33.0%
Q1 24
48.0%
46.2%
Operating Margin
MAT
MAT
NXT
NXT
Q4 25
8.0%
19.4%
Q3 25
21.9%
20.0%
Q2 25
7.7%
21.5%
Q1 25
-6.4%
21.1%
Q4 24
9.6%
22.1%
Q3 24
26.5%
21.0%
Q2 24
7.7%
22.2%
Q1 24
-4.4%
36.8%
Net Margin
MAT
MAT
NXT
NXT
Q4 25
6.0%
14.4%
Q3 25
16.0%
16.2%
Q2 25
5.2%
18.2%
Q1 25
-4.9%
17.0%
Q4 24
8.6%
17.0%
Q3 24
20.2%
18.2%
Q2 24
5.3%
16.9%
Q1 24
-3.5%
27.9%
EPS (diluted)
MAT
MAT
NXT
NXT
Q4 25
$0.32
$0.85
Q3 25
$0.88
$0.97
Q2 25
$0.16
$1.04
Q1 25
$-0.12
$1.05
Q4 24
$0.40
$0.79
Q3 24
$1.09
$0.79
Q2 24
$0.17
$0.84
Q1 24
$-0.08
$1.52

Balance Sheet & Financial Strength

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

Metric
MAT
MAT
NXT
NXT
Cash + ST InvestmentsLiquidity on hand
$1.2B
$952.6M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$2.2B
$2.2B
Total Assets
$6.6B
$3.8B
Debt / EquityLower = less leverage
1.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAT
MAT
NXT
NXT
Q4 25
$1.2B
$952.6M
Q3 25
$691.9M
$845.3M
Q2 25
$870.5M
$743.4M
Q1 25
$1.2B
$766.1M
Q4 24
$1.4B
$693.5M
Q3 24
$723.5M
$561.9M
Q2 24
$722.4M
$471.9M
Q1 24
$1.1B
$474.1M
Total Debt
MAT
MAT
NXT
NXT
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Q1 24
$2.3B
Stockholders' Equity
MAT
MAT
NXT
NXT
Q4 25
$2.2B
$2.2B
Q3 25
$2.3B
$2.0B
Q2 25
$2.2B
$1.8B
Q1 25
$2.1B
$1.6B
Q4 24
$2.3B
$1.4B
Q3 24
$2.3B
$1.3B
Q2 24
$2.0B
$1.1B
Q1 24
$2.0B
$961.0M
Total Assets
MAT
MAT
NXT
NXT
Q4 25
$6.6B
$3.8B
Q3 25
$6.6B
$3.7B
Q2 25
$6.2B
$3.4B
Q1 25
$6.2B
$3.2B
Q4 24
$6.5B
$3.0B
Q3 24
$6.5B
$2.8B
Q2 24
$5.9B
$2.6B
Q1 24
$6.1B
$2.5B
Debt / Equity
MAT
MAT
NXT
NXT
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×
Q1 24
1.15×

Cash Flow & Capital Efficiency

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

Metric
MAT
MAT
NXT
NXT
Operating Cash FlowLast quarter
$796.6M
$123.3M
Free Cash FlowOCF − Capex
$118.5M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
7.50×
0.94×
TTM Free Cash FlowTrailing 4 quarters
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAT
MAT
NXT
NXT
Q4 25
$796.6M
$123.3M
Q3 25
$72.0M
$186.9M
Q2 25
$-300.1M
$81.3M
Q1 25
$24.8M
$237.3M
Q4 24
$862.1M
$143.8M
Q3 24
$155.8M
$153.8M
Q2 24
$-252.9M
$120.8M
Q1 24
$35.5M
$111.5M
Free Cash Flow
MAT
MAT
NXT
NXT
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 24
$109.2M
FCF Margin
MAT
MAT
NXT
NXT
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 24
14.8%
Capex Intensity
MAT
MAT
NXT
NXT
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 24
0.3%
Cash Conversion
MAT
MAT
NXT
NXT
Q4 25
7.50×
0.94×
Q3 25
0.26×
1.27×
Q2 25
-5.62×
0.52×
Q1 25
1.51×
Q4 24
6.12×
1.25×
Q3 24
0.42×
1.33×
Q2 24
-4.45×
0.99×
Q1 24
0.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAT
MAT

North America Segment$1.0B58%
International Segment$745.6M42%

NXT
NXT

Transferred Over Time$763.9M84%
Transferred At Point In Time$145.4M16%

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