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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) and Paymentus Holdings, Inc. (PAY). Click either name above to swap in a different company.
Paymentus Holdings, Inc. is the larger business by last-quarter revenue ($330.5M vs $326.2M, roughly 1.0× New Fortress Energy Inc.). Paymentus Holdings, Inc. runs the higher net margin — 6.3% vs -259.7%, a 265.9% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs -7.0%). Paymentus Holdings, Inc. produced more free cash flow last quarter ($45.0M vs $-134.8M). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% CAGR vs -26.8%).
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
Paymentus Holdings, Inc. is a leading cloud-based bill payment and customer engagement technology provider. It offers integrated digital payment solutions, billing automation tools, and self-service portals for enterprises across utilities, financial services, government, healthcare, and telecommunications segments, primarily operating in the North American market.
NFE vs PAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $326.2M | $330.5M |
| Net Profit | $-847.1M | $20.7M |
| Gross Margin | 35.5% | 25.4% |
| Operating Margin | -193.0% | 7.3% |
| Net Margin | -259.7% | 6.3% |
| Revenue YoY | -7.0% | 28.1% |
| Net Profit YoY | -277.4% | 57.2% |
| EPS (diluted) | $-3.03 | $0.16 |
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 | $326.2M | $330.5M | ||
| Q3 25 | $240.3M | $310.7M | ||
| Q2 25 | $228.1M | $280.1M | ||
| Q1 25 | $384.9M | $275.2M | ||
| Q4 24 | $350.7M | $257.9M | ||
| Q3 24 | $446.0M | $231.6M | ||
| Q2 24 | $291.2M | $197.4M | ||
| Q1 24 | $609.5M | $184.9M |
| Q4 25 | $-847.1M | $20.7M | ||
| Q3 25 | $-263.0M | $17.7M | ||
| Q2 25 | $-546.5M | $14.7M | ||
| Q1 25 | $-175.4M | $13.8M | ||
| Q4 24 | $-224.4M | $13.1M | ||
| Q3 24 | $9.3M | $14.4M | ||
| Q2 24 | $-88.9M | $9.4M | ||
| Q1 24 | $54.1M | $7.2M |
| Q4 25 | 35.5% | 25.4% | ||
| Q3 25 | 18.1% | 24.1% | ||
| Q2 25 | 8.4% | 25.5% | ||
| Q1 25 | 21.4% | 24.0% | ||
| Q4 24 | 17.6% | 25.6% | ||
| Q3 24 | 27.1% | 26.2% | ||
| Q2 24 | 23.8% | 29.8% | ||
| Q1 24 | 62.4% | 28.5% |
| Q4 25 | -193.0% | 7.3% | ||
| Q3 25 | -37.4% | 6.4% | ||
| Q2 25 | -170.3% | 5.7% | ||
| Q1 25 | -3.3% | 5.7% | ||
| Q4 24 | 65.0% | 5.5% | ||
| Q3 24 | 17.8% | 5.2% | ||
| Q2 24 | 12.3% | 5.2% | ||
| Q1 24 | 30.4% | 4.5% |
| Q4 25 | -259.7% | 6.3% | ||
| Q3 25 | -109.4% | 5.7% | ||
| Q2 25 | -239.6% | 5.3% | ||
| Q1 25 | -45.6% | 5.0% | ||
| Q4 24 | -64.0% | 5.1% | ||
| Q3 24 | 2.1% | 6.2% | ||
| Q2 24 | -30.5% | 4.7% | ||
| Q1 24 | 8.9% | 3.9% |
| Q4 25 | $-3.03 | $0.16 | ||
| Q3 25 | $-0.96 | $0.14 | ||
| Q2 25 | $-1.99 | $0.11 | ||
| Q1 25 | $-0.65 | $0.11 | ||
| Q4 24 | $-1.10 | $0.11 | ||
| Q3 24 | $0.03 | $0.11 | ||
| Q2 24 | $-0.42 | $0.07 | ||
| Q1 24 | $0.23 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $226.5M | $320.9M |
| Total DebtLower is stronger | $8.2B | — |
| Stockholders' EquityBook value | $182.6M | $560.4M |
| Total Assets | $10.6B | $667.9M |
| Debt / EquityLower = less leverage | 44.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $226.5M | $320.9M | ||
| Q3 25 | $145.2M | $287.9M | ||
| Q2 25 | $551.1M | $266.4M | ||
| Q1 25 | $447.9M | $245.8M | ||
| Q4 24 | $492.9M | $205.9M | ||
| Q3 24 | $90.8M | $187.5M | ||
| Q2 24 | $133.0M | $188.8M | ||
| Q1 24 | $143.5M | $180.1M |
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $182.6M | $560.4M | ||
| Q3 25 | $1.1B | $537.4M | ||
| Q2 25 | $1.3B | $516.7M | ||
| Q1 25 | $1.8B | $500.4M | ||
| Q4 24 | $1.9B | $485.6M | ||
| Q3 24 | $1.6B | $468.8M | ||
| Q2 24 | $1.6B | $451.6M | ||
| Q1 24 | $1.7B | $439.4M |
| Q4 25 | $10.6B | $667.9M | ||
| Q3 25 | $12.0B | $644.4M | ||
| Q2 25 | $12.0B | $609.5M | ||
| Q1 25 | $13.1B | $590.9M | ||
| Q4 24 | $12.9B | $576.2M | ||
| Q3 24 | $12.0B | $552.9M | ||
| Q2 24 | $11.4B | $527.7M | ||
| Q1 24 | $10.9B | $514.0M |
| Q4 25 | 44.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.74× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-76.2M | $45.1M |
| Free Cash FlowOCF − Capex | $-134.8M | $45.0M |
| FCF MarginFCF / Revenue | -41.3% | 13.6% |
| Capex IntensityCapex / Revenue | 18.0% | 0.0% |
| Cash ConversionOCF / Net Profit | — | 2.18× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | $161.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-76.2M | $45.1M | ||
| Q3 25 | $-171.0M | $35.1M | ||
| Q2 25 | $-329.0M | $31.5M | ||
| Q1 25 | $-7.2M | $50.4M | ||
| Q4 24 | $445.3M | $27.9M | ||
| Q3 24 | $-20.0M | $6.7M | ||
| Q2 24 | $113.9M | $18.0M | ||
| Q1 24 | $63.0M | $11.0M |
| Q4 25 | $-134.8M | $45.0M | ||
| Q3 25 | $-231.6M | $35.0M | ||
| Q2 25 | $-726.7M | $31.4M | ||
| Q1 25 | $-262.3M | $50.4M | ||
| Q4 24 | $-210.3M | $27.8M | ||
| Q3 24 | $-367.0M | $6.7M | ||
| Q2 24 | $-493.2M | $17.8M | ||
| Q1 24 | $-457.9M | $10.8M |
| Q4 25 | -41.3% | 13.6% | ||
| Q3 25 | -96.4% | 11.3% | ||
| Q2 25 | -318.6% | 11.2% | ||
| Q1 25 | -68.2% | 18.3% | ||
| Q4 24 | -60.0% | 10.8% | ||
| Q3 24 | -82.3% | 2.9% | ||
| Q2 24 | -169.3% | 9.0% | ||
| Q1 24 | -75.1% | 5.9% |
| Q4 25 | 18.0% | 0.0% | ||
| Q3 25 | 25.2% | 0.0% | ||
| Q2 25 | 174.4% | 0.0% | ||
| Q1 25 | 66.3% | 0.0% | ||
| Q4 24 | 187.0% | 0.0% | ||
| Q3 24 | 77.8% | 0.0% | ||
| Q2 24 | 208.4% | 0.1% | ||
| Q1 24 | 85.5% | 0.1% |
| Q4 25 | — | 2.18× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 2.14× | ||
| Q1 25 | — | 3.65× | ||
| Q4 24 | — | 2.12× | ||
| Q3 24 | -2.15× | 0.47× | ||
| Q2 24 | — | 1.93× | ||
| Q1 24 | 1.16× | 1.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFE
Segment breakdown not available.
PAY
| Payment Transaction Processing Revenue | $326.9M | 99% |
| Other | $3.5M | 1% |
