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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.
Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $326.2M, roughly 1.2× New Fortress Energy Inc.). Paylocity Holding Corp runs the higher net margin — 13.0% vs -259.7%, a 272.6% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs -7.0%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-134.8M). Over the past eight quarters, Paylocity Holding Corp's revenue compounded faster (2.7% 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.
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
NFE vs PCTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $326.2M | $387.0M |
| Net Profit | $-847.1M | $50.2M |
| Gross Margin | 35.5% | 72.9% |
| Operating Margin | -193.0% | 18.2% |
| Net Margin | -259.7% | 13.0% |
| Revenue YoY | -7.0% | 11.3% |
| Net Profit YoY | -277.4% | 34.0% |
| EPS (diluted) | $-3.03 | $0.92 |
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 | $387.0M | ||
| Q3 25 | $240.3M | $378.9M | ||
| Q2 25 | $228.1M | $369.9M | ||
| Q1 25 | $384.9M | $421.1M | ||
| Q4 24 | $350.7M | $347.7M | ||
| Q3 24 | $446.0M | $333.1M | ||
| Q2 24 | $291.2M | $324.7M | ||
| Q1 24 | $609.5M | $366.8M |
| Q4 25 | $-847.1M | $50.2M | ||
| Q3 25 | $-263.0M | $48.0M | ||
| Q2 25 | $-546.5M | $48.6M | ||
| Q1 25 | $-175.4M | $91.5M | ||
| Q4 24 | $-224.4M | $37.5M | ||
| Q3 24 | $9.3M | $49.6M | ||
| Q2 24 | $-88.9M | $48.8M | ||
| Q1 24 | $54.1M | $85.3M |
| Q4 25 | 35.5% | 72.9% | ||
| Q3 25 | 18.1% | 73.9% | ||
| Q2 25 | 8.4% | 73.5% | ||
| Q1 25 | 21.4% | 77.1% | ||
| Q4 24 | 17.6% | 72.6% | ||
| Q3 24 | 27.1% | 74.4% | ||
| Q2 24 | 23.8% | 74.0% | ||
| Q1 24 | 62.4% | 77.8% |
| Q4 25 | -193.0% | 18.2% | ||
| Q3 25 | -37.4% | 19.6% | ||
| Q2 25 | -170.3% | 17.9% | ||
| Q1 25 | -3.3% | 30.2% | ||
| Q4 24 | 65.0% | 13.4% | ||
| Q3 24 | 17.8% | 19.3% | ||
| Q2 24 | 12.3% | 19.4% | ||
| Q1 24 | 30.4% | 29.0% |
| Q4 25 | -259.7% | 13.0% | ||
| Q3 25 | -109.4% | 12.7% | ||
| Q2 25 | -239.6% | 13.1% | ||
| Q1 25 | -45.6% | 21.7% | ||
| Q4 24 | -64.0% | 10.8% | ||
| Q3 24 | 2.1% | 14.9% | ||
| Q2 24 | -30.5% | 15.0% | ||
| Q1 24 | 8.9% | 23.3% |
| Q4 25 | $-3.03 | $0.92 | ||
| Q3 25 | $-0.96 | $0.86 | ||
| Q2 25 | $-1.99 | $0.87 | ||
| Q1 25 | $-0.65 | $1.61 | ||
| Q4 24 | $-1.10 | $0.66 | ||
| Q3 24 | $0.03 | $0.88 | ||
| Q2 24 | $-0.42 | $0.85 | ||
| Q1 24 | $0.23 | $1.50 |
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 | $162.5M |
| Total DebtLower is stronger | $8.2B | $81.3M |
| Stockholders' EquityBook value | $182.6M | $1.1B |
| Total Assets | $10.6B | $7.0B |
| Debt / EquityLower = less leverage | 44.78× | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $226.5M | $162.5M | ||
| Q3 25 | $145.2M | $165.2M | ||
| Q2 25 | $551.1M | $398.1M | ||
| Q1 25 | $447.9M | $477.8M | ||
| Q4 24 | $492.9M | $482.4M | ||
| Q3 24 | $90.8M | $778.5M | ||
| Q2 24 | $133.0M | $401.8M | ||
| Q1 24 | $143.5M | $492.7M |
| Q4 25 | $8.2B | $81.3M | ||
| Q3 25 | — | $81.3M | ||
| Q2 25 | — | $162.5M | ||
| Q1 25 | — | $243.8M | ||
| Q4 24 | $8.9B | $325.0M | ||
| Q3 24 | — | $325.0M | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | — |
| Q4 25 | $182.6M | $1.1B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.6B | $1.0B | ||
| Q1 24 | $1.7B | $1.1B |
| Q4 25 | $10.6B | $7.0B | ||
| Q3 25 | $12.0B | $4.2B | ||
| Q2 25 | $12.0B | $4.4B | ||
| Q1 25 | $13.1B | $5.2B | ||
| Q4 24 | $12.9B | $5.3B | ||
| Q3 24 | $12.0B | $4.0B | ||
| Q2 24 | $11.4B | $4.2B | ||
| Q1 24 | $10.9B | $5.0B |
| Q4 25 | 44.78× | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | 4.74× | 0.28× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.00× | ||
| 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 | $117.0M |
| Free Cash FlowOCF − Capex | $-134.8M | $113.6M |
| FCF MarginFCF / Revenue | -41.3% | 29.4% |
| Capex IntensityCapex / Revenue | 18.0% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | $461.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-76.2M | $117.0M | ||
| Q3 25 | $-171.0M | $86.5M | ||
| Q2 25 | $-329.0M | $86.6M | ||
| Q1 25 | $-7.2M | $186.0M | ||
| Q4 24 | $445.3M | $54.2M | ||
| Q3 24 | $-20.0M | $91.5M | ||
| Q2 24 | $113.9M | $79.9M | ||
| Q1 24 | $63.0M | $167.5M |
| Q4 25 | $-134.8M | $113.6M | ||
| Q3 25 | $-231.6M | $82.7M | ||
| Q2 25 | $-726.7M | $81.1M | ||
| Q1 25 | $-262.3M | $183.7M | ||
| Q4 24 | $-210.3M | $51.2M | ||
| Q3 24 | $-367.0M | $89.1M | ||
| Q2 24 | $-493.2M | $73.6M | ||
| Q1 24 | $-457.9M | $162.0M |
| Q4 25 | -41.3% | 29.4% | ||
| Q3 25 | -96.4% | 21.8% | ||
| Q2 25 | -318.6% | 21.9% | ||
| Q1 25 | -68.2% | 43.6% | ||
| Q4 24 | -60.0% | 14.7% | ||
| Q3 24 | -82.3% | 26.8% | ||
| Q2 24 | -169.3% | 22.7% | ||
| Q1 24 | -75.1% | 44.2% |
| Q4 25 | 18.0% | 0.9% | ||
| Q3 25 | 25.2% | 1.0% | ||
| Q2 25 | 174.4% | 1.5% | ||
| Q1 25 | 66.3% | 0.5% | ||
| Q4 24 | 187.0% | 0.9% | ||
| Q3 24 | 77.8% | 0.7% | ||
| Q2 24 | 208.4% | 1.9% | ||
| Q1 24 | 85.5% | 1.5% |
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | — | 1.78× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | -2.15× | 1.84× | ||
| Q2 24 | — | 1.64× | ||
| Q1 24 | 1.16× | 1.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFE
Segment breakdown not available.
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
