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Side-by-side financial comparison of Nine Energy Service, Inc. (NINE) and Stoke Therapeutics, Inc. (STOK). Click either name above to swap in a different company.

Stoke Therapeutics, Inc. is the larger business by last-quarter revenue ($158.6M vs $41.6M, roughly 3.8× Nine Energy Service, Inc.). Nine Energy Service, Inc. runs the higher net margin — 259.3% vs 71.2%, a 188.1% gap on every dollar of revenue. On growth, Stoke Therapeutics, Inc. posted the faster year-over-year revenue change (3661.1% vs -68.5%).

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

Stoke Therapeutics, Inc. is a clinical-stage biotechnology company developing innovative RNA-targeted therapies for severe rare genetic diseases. Its lead candidates address unmet needs for Dravet syndrome, a rare epilepsy, and other neurological monogenic disorders, serving patients across North America and global markets.

NINE vs STOK — Head-to-Head

Bigger by revenue
STOK
STOK
3.8× larger
STOK
$158.6M
$41.6M
NINE
Growing faster (revenue YoY)
STOK
STOK
+3729.6% gap
STOK
3661.1%
-68.5%
NINE
Higher net margin
NINE
NINE
188.1% more per $
NINE
259.3%
71.2%
STOK

Income Statement — Q1 FY2026 vs Q1 FY2025

Metric
NINE
NINE
STOK
STOK
Revenue
$41.6M
$158.6M
Net Profit
$107.9M
$112.9M
Gross Margin
9.1%
Operating Margin
70.2%
Net Margin
259.3%
71.2%
Revenue YoY
-68.5%
3661.1%
Net Profit YoY
528.0%
EPS (diluted)
$2.65
$1.90

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
NINE
NINE
STOK
STOK
Q1 26
$41.6M
Q4 25
$132.2M
Q3 25
$132.0M
Q2 25
$147.3M
Q1 25
$150.5M
$158.6M
Q4 24
$141.4M
$22.6M
Q3 24
$138.2M
Q2 24
$132.4M
Net Profit
NINE
NINE
STOK
STOK
Q1 26
$107.9M
Q4 25
$-19.2M
Q3 25
$-14.6M
Q2 25
$-10.4M
Q1 25
$-7.1M
$112.9M
Q4 24
$-8.8M
$-10.5M
Q3 24
$-10.1M
Q2 24
$-14.0M
Gross Margin
NINE
NINE
STOK
STOK
Q1 26
9.1%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
NINE
NINE
STOK
STOK
Q1 26
Q4 25
-4.2%
Q3 25
-0.9%
Q2 25
2.3%
Q1 25
3.7%
70.2%
Q4 24
2.5%
-60.4%
Q3 24
1.8%
Q2 24
-1.1%
Net Margin
NINE
NINE
STOK
STOK
Q1 26
259.3%
Q4 25
-14.5%
Q3 25
-11.1%
Q2 25
-7.1%
Q1 25
-4.7%
71.2%
Q4 24
-6.3%
-46.4%
Q3 24
-7.3%
Q2 24
-10.6%
EPS (diluted)
NINE
NINE
STOK
STOK
Q1 26
$2.65
Q4 25
$-0.47
Q3 25
$-0.35
Q2 25
$-0.25
Q1 25
$-0.18
$1.90
Q4 24
$-0.21
$-0.15
Q3 24
$-0.26
Q2 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
NINE
NINE
STOK
STOK
Cash + ST InvestmentsLiquidity on hand
$11.2M
$274.8M
Total DebtLower is stronger
$94.4M
Stockholders' EquityBook value
$350.1M
Total Assets
$326.0M
$406.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NINE
NINE
STOK
STOK
Q1 26
$11.2M
Q4 25
$18.4M
Q3 25
$14.4M
Q2 25
$14.2M
Q1 25
$17.3M
$274.8M
Q4 24
$27.9M
$128.0M
Q3 24
$15.7M
Q2 24
$26.0M
Total Debt
NINE
NINE
STOK
STOK
Q1 26
$94.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
NINE
NINE
STOK
STOK
Q1 26
Q4 25
$-115.0M
Q3 25
$-95.9M
Q2 25
$-81.7M
Q1 25
$-72.1M
$350.1M
Q4 24
$-66.1M
$229.0M
Q3 24
$-57.6M
Q2 24
$-49.7M
Total Assets
NINE
NINE
STOK
STOK
Q1 26
$326.0M
Q4 25
$339.5M
Q3 25
$340.7M
Q2 25
$361.2M
Q1 25
$359.2M
$406.9M
Q4 24
$360.1M
$271.6M
Q3 24
$353.2M
Q2 24
$381.7M

Cash Flow & Capital Efficiency

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

Metric
NINE
NINE
STOK
STOK
Operating Cash FlowLast quarter
$131.8M
Free Cash FlowOCF − Capex
$131.7M
FCF MarginFCF / Revenue
83.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.17×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NINE
NINE
STOK
STOK
Q1 26
Q4 25
$-2.2M
Q3 25
$-9.9M
Q2 25
$10.1M
Q1 25
$-5.3M
$131.8M
Q4 24
$15.0M
$-23.2M
Q3 24
$-5.8M
Q2 24
$12.9M
Free Cash Flow
NINE
NINE
STOK
STOK
Q1 26
Q4 25
$-4.8M
Q3 25
$-13.4M
Q2 25
$4.2M
Q1 25
$-9.3M
$131.7M
Q4 24
$11.8M
$-23.2M
Q3 24
$-9.3M
Q2 24
$10.3M
FCF Margin
NINE
NINE
STOK
STOK
Q1 26
Q4 25
-3.6%
Q3 25
-10.2%
Q2 25
2.9%
Q1 25
-6.2%
83.0%
Q4 24
8.3%
-102.7%
Q3 24
-6.7%
Q2 24
7.7%
Capex Intensity
NINE
NINE
STOK
STOK
Q1 26
Q4 25
2.0%
Q3 25
2.6%
Q2 25
4.0%
Q1 25
2.6%
0.1%
Q4 24
2.3%
0.2%
Q3 24
2.5%
Q2 24
2.0%
Cash Conversion
NINE
NINE
STOK
STOK
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
1.17×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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