vs
Side-by-side financial comparison of MODINE MANUFACTURING CO (MOD) and Nutanix, Inc. (NTNX). Click either name above to swap in a different company.
MODINE MANUFACTURING CO is the larger business by last-quarter revenue ($805.0M vs $670.6M, roughly 1.2× Nutanix, Inc.). Nutanix, Inc. runs the higher net margin — 9.3% vs -5.9%, a 15.1% gap on every dollar of revenue. On growth, MODINE MANUFACTURING CO posted the faster year-over-year revenue change (30.5% vs 13.5%). Nutanix, Inc. produced more free cash flow last quarter ($174.5M vs $-17.1M). Over the past eight quarters, MODINE MANUFACTURING CO's revenue compounded faster (15.5% CAGR vs 8.9%).
Modine Manufacturing is a thermal management company established in 1916 in the United States. The company started as Modine Manufacturing Company by Arthur B Modine who patented the Spirex radiator for tractors. The Modine company manufactured the Turbotube radiator for Ford Model T cars. The company built the world's first vehicular wind tunnel in Racine, Wisconsin in 1941. During WWII, Modine manufactured aftercoolers for the P-51 Mustang fighter plane. After WWII, Modine introduced the Ai...
Nutanix, Inc. is an American cloud computing company that sells software for datacenters and hybrid multi-cloud deployments. This includes software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, as well as software-defined storage for file, object, and block storage.
MOD vs NTNX — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $805.0M | $670.6M |
| Net Profit | $-47.4M | $62.1M |
| Gross Margin | 23.1% | 87.0% |
| Operating Margin | 11.1% | 7.4% |
| Net Margin | -5.9% | 9.3% |
| Revenue YoY | 30.5% | 13.5% |
| Net Profit YoY | -215.6% | 107.5% |
| EPS (diluted) | $-0.90 | $0.21 |
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 | $805.0M | $670.6M | ||
| Q3 25 | $738.9M | $653.3M | ||
| Q2 25 | $682.8M | $639.0M | ||
| Q1 25 | $647.2M | $654.7M | ||
| Q4 24 | $616.8M | $591.0M | ||
| Q3 24 | $658.0M | $548.0M | ||
| Q2 24 | $661.5M | $524.6M | ||
| Q1 24 | $603.5M | $565.2M |
| Q4 25 | $-47.4M | $62.1M | ||
| Q3 25 | $44.4M | $38.6M | ||
| Q2 25 | $51.2M | $63.4M | ||
| Q1 25 | $49.6M | $56.4M | ||
| Q4 24 | $41.0M | $29.9M | ||
| Q3 24 | $46.1M | $-126.1M | ||
| Q2 24 | $47.3M | $-15.6M | ||
| Q1 24 | $25.8M | $32.8M |
| Q4 25 | 23.1% | 87.0% | ||
| Q3 25 | 22.3% | 87.2% | ||
| Q2 25 | 24.2% | 87.0% | ||
| Q1 25 | 25.6% | 87.0% | ||
| Q4 24 | 24.3% | 86.0% | ||
| Q3 24 | 25.2% | 85.2% | ||
| Q2 24 | 24.6% | 84.8% | ||
| Q1 24 | 22.4% | 85.6% |
| Q4 25 | 11.1% | 7.4% | ||
| Q3 25 | 9.9% | 4.8% | ||
| Q2 25 | 11.1% | 7.6% | ||
| Q1 25 | 11.5% | 10.0% | ||
| Q4 24 | 9.6% | 4.6% | ||
| Q3 24 | 11.4% | -2.2% | ||
| Q2 24 | 11.2% | -2.2% | ||
| Q1 24 | 7.8% | 6.6% |
| Q4 25 | -5.9% | 9.3% | ||
| Q3 25 | 6.0% | 5.9% | ||
| Q2 25 | 7.5% | 9.9% | ||
| Q1 25 | 7.7% | 8.6% | ||
| Q4 24 | 6.6% | 5.1% | ||
| Q3 24 | 7.0% | -23.0% | ||
| Q2 24 | 7.2% | -3.0% | ||
| Q1 24 | 4.3% | 5.8% |
| Q4 25 | $-0.90 | $0.21 | ||
| Q3 25 | $0.83 | $0.14 | ||
| Q2 25 | $0.95 | $0.22 | ||
| Q1 25 | $0.92 | $0.19 | ||
| Q4 24 | $0.76 | $0.10 | ||
| Q3 24 | $0.86 | $-0.50 | ||
| Q2 24 | $0.88 | $-0.06 | ||
| Q1 24 | $0.48 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $98.7M | $780.4M |
| Total DebtLower is stronger | $570.7M | — |
| Stockholders' EquityBook value | $1.1B | $-668.6M |
| Total Assets | $2.5B | $3.3B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.7M | $780.4M | ||
| Q3 25 | $83.8M | $769.5M | ||
| Q2 25 | $124.5M | $872.6M | ||
| Q1 25 | $71.6M | $1.1B | ||
| Q4 24 | $83.8M | $716.6M | ||
| Q3 24 | $78.6M | $655.3M | ||
| Q2 24 | $72.9M | $598.0M | ||
| Q1 24 | $60.1M | $679.2M |
| Q4 25 | $570.7M | — | ||
| Q3 25 | $525.8M | — | ||
| Q2 25 | $482.1M | — | ||
| Q1 25 | $296.7M | — | ||
| Q4 24 | $330.0M | — | ||
| Q3 24 | $359.1M | — | ||
| Q2 24 | $405.7M | — | ||
| Q1 24 | $399.9M | — |
| Q4 25 | $1.1B | $-668.6M | ||
| Q3 25 | $1.1B | $-694.5M | ||
| Q2 25 | $1.0B | $-711.4M | ||
| Q1 25 | $910.2M | $-807.7M | ||
| Q4 24 | $855.1M | $-685.3M | ||
| Q3 24 | $858.8M | $-728.1M | ||
| Q2 24 | $788.4M | $-619.5M | ||
| Q1 24 | $747.6M | $-611.7M |
| Q4 25 | $2.5B | $3.3B | ||
| Q3 25 | $2.4B | $3.3B | ||
| Q2 25 | $2.2B | $3.1B | ||
| Q1 25 | $1.9B | $3.0B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $1.9B | $2.1B | ||
| Q2 24 | $1.9B | $2.8B | ||
| Q1 24 | $1.9B | $2.7B |
| Q4 25 | 0.51× | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.53× | — |
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 | $24.7M | $196.8M |
| Free Cash FlowOCF − Capex | $-17.1M | $174.5M |
| FCF MarginFCF / Revenue | -2.1% | 26.0% |
| Capex IntensityCapex / Revenue | 5.2% | 3.3% |
| Cash ConversionOCF / Net Profit | — | 3.17× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.3M | $772.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.7M | $196.8M | ||
| Q3 25 | $1.4M | $219.5M | ||
| Q2 25 | $27.7M | $218.5M | ||
| Q1 25 | $54.8M | $221.7M | ||
| Q4 24 | $60.7M | $161.8M | ||
| Q3 24 | $57.3M | $244.7M | ||
| Q2 24 | $40.5M | $96.4M | ||
| Q1 24 | $39.6M | $186.4M |
| Q4 25 | $-17.1M | $174.5M | ||
| Q3 25 | $-30.5M | $207.8M | ||
| Q2 25 | $200.0K | $203.4M | ||
| Q1 25 | $27.1M | $187.1M | ||
| Q4 24 | $44.7M | $151.9M | ||
| Q3 24 | $43.8M | $224.3M | ||
| Q2 24 | $13.7M | $78.3M | ||
| Q1 24 | $-4.3M | $162.6M |
| Q4 25 | -2.1% | 26.0% | ||
| Q3 25 | -4.1% | 31.8% | ||
| Q2 25 | 0.0% | 31.8% | ||
| Q1 25 | 4.2% | 28.6% | ||
| Q4 24 | 7.2% | 25.7% | ||
| Q3 24 | 6.7% | 40.9% | ||
| Q2 24 | 2.1% | 14.9% | ||
| Q1 24 | -0.7% | 28.8% |
| Q4 25 | 5.2% | 3.3% | ||
| Q3 25 | 4.3% | 1.8% | ||
| Q2 25 | 4.0% | 2.4% | ||
| Q1 25 | 4.3% | 5.3% | ||
| Q4 24 | 2.6% | 1.7% | ||
| Q3 24 | 2.1% | 3.7% | ||
| Q2 24 | 4.1% | 3.4% | ||
| Q1 24 | 7.3% | 4.2% |
| Q4 25 | — | 3.17× | ||
| Q3 25 | 0.03× | 5.68× | ||
| Q2 25 | 0.54× | 3.45× | ||
| Q1 25 | 1.10× | 3.93× | ||
| Q4 24 | 1.48× | 5.41× | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 0.86× | — | ||
| Q1 24 | 1.53× | 5.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
NTNX
| Services | $335.5M | 50% |
| Subscriptionand Circulation Software Entitlementand Support Subscription | $320.8M | 48% |
| Other | $14.3M | 2% |
