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Side-by-side financial comparison of NATURES SUNSHINE PRODUCTS INC (NATR) and P10, Inc. (PX). Click either name above to swap in a different company.

NATURES SUNSHINE PRODUCTS INC is the larger business by last-quarter revenue ($123.8M vs $81.0M, roughly 1.5× P10, Inc.). P10, Inc. runs the higher net margin — 11.7% vs 3.3%, a 8.3% gap on every dollar of revenue. On growth, NATURES SUNSHINE PRODUCTS INC posted the faster year-over-year revenue change (4.7% vs -4.7%). P10, Inc. produced more free cash flow last quarter ($18.1M vs $7.6M). Over the past eight quarters, P10, Inc.'s revenue compounded faster (10.7% CAGR vs 5.6%).

Nature's Sunshine Products, Inc. also known as "NSP", is a manufacturer of dietary supplements, including herbs, vitamins, minerals, and personal care products. It is based in Lehi, Utah, with a manufacturing facility in Spanish Fork, Utah.

P10, Inc. is a global alternative investment management firm that offers a diversified portfolio of investment solutions spanning private equity, private credit, real assets and venture capital. It primarily caters to institutional clients including pension funds, endowments, foundations, and high-net-worth individuals across North America, Europe, and Asia Pacific.

NATR vs PX — Head-to-Head

Bigger by revenue
NATR
NATR
1.5× larger
NATR
$123.8M
$81.0M
PX
Growing faster (revenue YoY)
NATR
NATR
+9.4% gap
NATR
4.7%
-4.7%
PX
Higher net margin
PX
PX
8.3% more per $
PX
11.7%
3.3%
NATR
More free cash flow
PX
PX
$10.5M more FCF
PX
$18.1M
$7.6M
NATR
Faster 2-yr revenue CAGR
PX
PX
Annualised
PX
10.7%
5.6%
NATR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NATR
NATR
PX
PX
Revenue
$123.8M
$81.0M
Net Profit
$4.1M
$9.5M
Gross Margin
72.5%
Operating Margin
4.3%
31.9%
Net Margin
3.3%
11.7%
Revenue YoY
4.7%
-4.7%
Net Profit YoY
1379.4%
79.0%
EPS (diluted)
$0.23
$0.08

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
NATR
NATR
PX
PX
Q4 25
$123.8M
$81.0M
Q3 25
$128.3M
$75.9M
Q2 25
$114.8M
$72.7M
Q1 25
$113.2M
$67.7M
Q4 24
$118.2M
$85.0M
Q3 24
$114.6M
$74.2M
Q2 24
$110.6M
$71.1M
Q1 24
$111.0M
$66.1M
Net Profit
NATR
NATR
PX
PX
Q4 25
$4.1M
$9.5M
Q3 25
$5.3M
$2.1M
Q2 25
$5.3M
$3.4M
Q1 25
$4.7M
$4.5M
Q4 24
$-321.0K
$5.3M
Q3 24
$4.3M
$1.4M
Q2 24
$1.3M
$7.0M
Q1 24
$2.3M
$5.0M
Gross Margin
NATR
NATR
PX
PX
Q4 25
72.5%
Q3 25
73.3%
Q2 25
71.7%
Q1 25
72.1%
Q4 24
72.0%
Q3 24
71.3%
Q2 24
71.4%
Q1 24
71.2%
Operating Margin
NATR
NATR
PX
PX
Q4 25
4.3%
31.9%
Q3 25
7.0%
14.1%
Q2 25
3.7%
24.4%
Q1 25
5.4%
16.6%
Q4 24
3.8%
26.9%
Q3 24
4.6%
11.9%
Q2 24
5.1%
23.7%
Q1 24
4.2%
18.3%
Net Margin
NATR
NATR
PX
PX
Q4 25
3.3%
11.7%
Q3 25
4.2%
2.8%
Q2 25
4.6%
4.7%
Q1 25
4.2%
6.7%
Q4 24
-0.3%
6.2%
Q3 24
3.8%
1.9%
Q2 24
1.2%
9.8%
Q1 24
2.1%
7.6%
EPS (diluted)
NATR
NATR
PX
PX
Q4 25
$0.23
$0.08
Q3 25
$0.30
$0.02
Q2 25
$0.28
$0.03
Q1 25
$0.25
$0.04
Q4 24
$-0.02
$0.05
Q3 24
$0.23
$0.01
Q2 24
$0.07
$0.06
Q1 24
$0.12
$0.04

Balance Sheet & Financial Strength

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

Metric
NATR
NATR
PX
PX
Cash + ST InvestmentsLiquidity on hand
$93.9M
$28.2M
Total DebtLower is stronger
$373.2M
Stockholders' EquityBook value
$161.6M
$403.5M
Total Assets
$261.1M
$928.3M
Debt / EquityLower = less leverage
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATR
NATR
PX
PX
Q4 25
$93.9M
$28.2M
Q3 25
$95.6M
$40.0M
Q2 25
$81.3M
$33.4M
Q1 25
$86.5M
$74.4M
Q4 24
$84.7M
$67.5M
Q3 24
$78.7M
$61.5M
Q2 24
$68.7M
$31.2M
Q1 24
$77.8M
$29.0M
Total Debt
NATR
NATR
PX
PX
Q4 25
$373.2M
Q3 25
$393.4M
Q2 25
$373.0M
Q1 25
$357.2M
Q4 24
$319.8M
Q3 24
$319.4M
Q2 24
$300.6M
Q1 24
$2.1M
$314.0M
Stockholders' Equity
NATR
NATR
PX
PX
Q4 25
$161.6M
$403.5M
Q3 25
$166.7M
$396.8M
Q2 25
$163.7M
$388.9M
Q1 25
$167.1M
$374.3M
Q4 24
$161.0M
$386.9M
Q3 24
$162.6M
$394.1M
Q2 24
$156.4M
$396.9M
Q1 24
$159.7M
$400.1M
Total Assets
NATR
NATR
PX
PX
Q4 25
$261.1M
$928.3M
Q3 25
$264.8M
$936.0M
Q2 25
$254.9M
$932.2M
Q1 25
$252.7M
$877.4M
Q4 24
$240.9M
$869.3M
Q3 24
$245.3M
$857.0M
Q2 24
$235.8M
$823.2M
Q1 24
$247.3M
$832.8M
Debt / Equity
NATR
NATR
PX
PX
Q4 25
0.93×
Q3 25
0.99×
Q2 25
0.96×
Q1 25
0.95×
Q4 24
0.83×
Q3 24
0.81×
Q2 24
0.76×
Q1 24
0.01×
0.78×

Cash Flow & Capital Efficiency

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

Metric
NATR
NATR
PX
PX
Operating Cash FlowLast quarter
$9.9M
$23.0M
Free Cash FlowOCF − Capex
$7.6M
$18.1M
FCF MarginFCF / Revenue
6.1%
22.3%
Capex IntensityCapex / Revenue
1.9%
6.0%
Cash ConversionOCF / Net Profit
2.41×
2.43×
TTM Free Cash FlowTrailing 4 quarters
$28.8M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATR
NATR
PX
PX
Q4 25
$9.9M
$23.0M
Q3 25
$18.5M
$-8.6M
Q2 25
$4.3M
$13.4M
Q1 25
$2.6M
$-4.7M
Q4 24
$12.2M
$101.0M
Q3 24
$9.6M
$27.5M
Q2 24
$1.3M
$34.8M
Q1 24
$2.2M
$11.0M
Free Cash Flow
NATR
NATR
PX
PX
Q4 25
$7.6M
$18.1M
Q3 25
$16.8M
$-9.5M
Q2 25
$3.0M
$11.6M
Q1 25
$1.5M
$-6.0M
Q4 24
$10.0M
$96.6M
Q3 24
$7.9M
$25.2M
Q2 24
$-2.0M
$33.9M
Q1 24
$-1.5M
$10.7M
FCF Margin
NATR
NATR
PX
PX
Q4 25
6.1%
22.3%
Q3 25
13.1%
-12.6%
Q2 25
2.6%
15.9%
Q1 25
1.3%
-8.9%
Q4 24
8.5%
113.6%
Q3 24
6.9%
34.0%
Q2 24
-1.9%
47.7%
Q1 24
-1.4%
16.2%
Capex Intensity
NATR
NATR
PX
PX
Q4 25
1.9%
6.0%
Q3 25
1.3%
1.2%
Q2 25
1.2%
2.5%
Q1 25
1.0%
1.9%
Q4 24
1.9%
5.2%
Q3 24
1.5%
3.0%
Q2 24
3.0%
1.3%
Q1 24
3.3%
0.4%
Cash Conversion
NATR
NATR
PX
PX
Q4 25
2.41×
2.43×
Q3 25
3.46×
-4.01×
Q2 25
0.81×
3.96×
Q1 25
0.55×
-1.05×
Q4 24
19.12×
Q3 24
2.21×
19.54×
Q2 24
0.97×
4.98×
Q1 24
0.94×
2.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NATR
NATR

Other$68.1M55%
General Health Products$20.2M16%
Digestive Products$13.8M11%
Cardiovascular Products$12.1M10%
Personal Care Products$4.4M4%
Immunity Products$3.1M3%
Weight Management Products$2.1M2%

PX
PX

Management Fees$78.1M96%
Advisory Fees$1.8M2%

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