vs
Side-by-side financial comparison of M/I HOMES, INC. (MHO) and Nextpower Inc. (NXT). Click either name above to swap in a different company.
M/I HOMES, INC. is the larger business by last-quarter revenue ($1.1B vs $909.4M, roughly 1.3× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 5.6%, a 8.9% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs -4.8%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $-13.0M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 4.7%).
M/I Homes, Inc. is a leading U.S. residential construction company that designs, builds and sells single-family homes, townhomes and duplexes across multiple U.S. states. It caters to entry-level, move-up and luxury homebuyers, offering energy-efficient designs, flexible floor plans and personalized customization options.
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
MHO vs NXT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $909.4M |
| Net Profit | $64.0M | $131.2M |
| Gross Margin | 17.4% | 31.7% |
| Operating Margin | 6.5% | 19.4% |
| Net Margin | 5.6% | 14.4% |
| Revenue YoY | -4.8% | 33.9% |
| Net Profit YoY | -52.1% | 13.8% |
| EPS (diluted) | $2.42 | $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.
| Q4 25 | $1.1B | $909.4M | ||
| Q3 25 | $1.1B | $905.3M | ||
| Q2 25 | $1.2B | $864.3M | ||
| Q1 25 | $976.1M | $924.3M | ||
| Q4 24 | $1.2B | $679.4M | ||
| Q3 24 | $1.1B | $635.6M | ||
| Q2 24 | $1.1B | $719.9M | ||
| Q1 24 | $1.0B | $736.5M |
| Q4 25 | $64.0M | $131.2M | ||
| Q3 25 | $106.5M | $146.9M | ||
| Q2 25 | $121.2M | $157.2M | ||
| Q1 25 | $111.2M | $156.8M | ||
| Q4 24 | $133.5M | $115.3M | ||
| Q3 24 | $145.4M | $115.4M | ||
| Q2 24 | $146.7M | $121.7M | ||
| Q1 24 | $138.1M | $205.2M |
| Q4 25 | 17.4% | 31.7% | ||
| Q3 25 | 24.5% | 32.4% | ||
| Q2 25 | 24.7% | 32.6% | ||
| Q1 25 | 25.9% | 33.1% | ||
| Q4 24 | 24.6% | 35.5% | ||
| Q3 24 | 27.1% | 35.4% | ||
| Q2 24 | 27.9% | 33.0% | ||
| Q1 24 | 27.1% | 46.2% |
| Q4 25 | 6.5% | 19.4% | ||
| Q3 25 | 12.0% | 20.0% | ||
| Q2 25 | 13.4% | 21.5% | ||
| Q1 25 | 14.4% | 21.1% | ||
| Q4 24 | 13.6% | 22.1% | ||
| Q3 24 | 15.9% | 21.0% | ||
| Q2 24 | 16.8% | 22.2% | ||
| Q1 24 | 16.6% | 36.8% |
| Q4 25 | 5.6% | 14.4% | ||
| Q3 25 | 9.4% | 16.2% | ||
| Q2 25 | 10.4% | 18.2% | ||
| Q1 25 | 11.4% | 17.0% | ||
| Q4 24 | 11.1% | 17.0% | ||
| Q3 24 | 12.7% | 18.2% | ||
| Q2 24 | 13.2% | 16.9% | ||
| Q1 24 | 13.2% | 27.9% |
| Q4 25 | $2.42 | $0.85 | ||
| Q3 25 | $3.92 | $0.97 | ||
| Q2 25 | $4.42 | $1.04 | ||
| Q1 25 | $3.98 | $1.05 | ||
| Q4 24 | $4.71 | $0.79 | ||
| Q3 24 | $5.10 | $0.79 | ||
| Q2 24 | $5.12 | $0.84 | ||
| Q1 24 | $4.78 | $1.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $952.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.2B | $2.2B |
| Total Assets | $4.8B | $3.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $952.6M | ||
| Q3 25 | — | $845.3M | ||
| Q2 25 | — | $743.4M | ||
| Q1 25 | — | $766.1M | ||
| Q4 24 | — | $693.5M | ||
| Q3 24 | — | $561.9M | ||
| Q2 24 | — | $471.9M | ||
| Q1 24 | — | $474.1M |
| Q4 25 | $3.2B | $2.2B | ||
| Q3 25 | $3.1B | $2.0B | ||
| Q2 25 | $3.1B | $1.8B | ||
| Q1 25 | $3.0B | $1.6B | ||
| Q4 24 | $2.9B | $1.4B | ||
| Q3 24 | $2.8B | $1.3B | ||
| Q2 24 | $2.7B | $1.1B | ||
| Q1 24 | $2.6B | $961.0M |
| Q4 25 | $4.8B | $3.8B | ||
| Q3 25 | $4.8B | $3.7B | ||
| Q2 25 | $4.7B | $3.4B | ||
| Q1 25 | $4.6B | $3.2B | ||
| Q4 24 | $4.5B | $3.0B | ||
| Q3 24 | $4.5B | $2.8B | ||
| Q2 24 | $4.3B | $2.6B | ||
| Q1 24 | $4.2B | $2.5B |
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 | $-8.7M | $123.3M |
| Free Cash FlowOCF − Capex | $-13.0M | $118.5M |
| FCF MarginFCF / Revenue | -1.1% | 13.0% |
| Capex IntensityCapex / Revenue | 0.4% | 0.5% |
| Cash ConversionOCF / Net Profit | -0.14× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $127.7M | $587.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.7M | $123.3M | ||
| Q3 25 | $43.4M | $186.9M | ||
| Q2 25 | $37.8M | $81.3M | ||
| Q1 25 | $64.9M | $237.3M | ||
| Q4 24 | $104.4M | $143.8M | ||
| Q3 24 | $-67.9M | $153.8M | ||
| Q2 24 | $27.5M | $120.8M | ||
| Q1 24 | $115.8M | $111.5M |
| Q4 25 | $-13.0M | $118.5M | ||
| Q3 25 | $42.0M | $171.4M | ||
| Q2 25 | $35.1M | $70.1M | ||
| Q1 25 | $63.5M | $227.2M | ||
| Q4 24 | $102.3M | $134.9M | ||
| Q3 24 | $-68.5M | $141.8M | ||
| Q2 24 | $22.0M | $118.0M | ||
| Q1 24 | $115.5M | $109.2M |
| Q4 25 | -1.1% | 13.0% | ||
| Q3 25 | 3.7% | 18.9% | ||
| Q2 25 | 3.0% | 8.1% | ||
| Q1 25 | 6.5% | 24.6% | ||
| Q4 24 | 8.5% | 19.9% | ||
| Q3 24 | -6.0% | 22.3% | ||
| Q2 24 | 2.0% | 16.4% | ||
| Q1 24 | 11.0% | 14.8% |
| Q4 25 | 0.4% | 0.5% | ||
| Q3 25 | 0.1% | 1.7% | ||
| Q2 25 | 0.2% | 1.3% | ||
| Q1 25 | 0.1% | 1.1% | ||
| Q4 24 | 0.2% | 1.3% | ||
| Q3 24 | 0.1% | 1.9% | ||
| Q2 24 | 0.5% | 0.4% | ||
| Q1 24 | 0.0% | 0.3% |
| Q4 25 | -0.14× | 0.94× | ||
| Q3 25 | 0.41× | 1.27× | ||
| Q2 25 | 0.31× | 0.52× | ||
| Q1 25 | 0.58× | 1.51× | ||
| Q4 24 | 0.78× | 1.25× | ||
| Q3 24 | -0.47× | 1.33× | ||
| Q2 24 | 0.19× | 0.99× | ||
| Q1 24 | 0.84× | 0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
