vs

Side-by-side financial comparison of Inotiv, Inc. (NOTV) and SunPower Inc. (SPWR). Click either name above to swap in a different company.

Inotiv, Inc. is the larger business by last-quarter revenue ($120.9M vs $79.7M, roughly 1.5× SunPower Inc.). SunPower Inc. runs the higher net margin — -17.8% vs -23.5%, a 5.7% gap on every dollar of revenue. On growth, Inotiv, Inc. posted the faster year-over-year revenue change (0.8% vs -10.1%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs 0.8%).

Inotiv, Inc. is a contract research organization organized in Indiana and headquartered in Lafayette, Indiana. The company operates two core business units: Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). The CRS business unit offers drug development and environmental sciences services, including safety assessment, analytical, metabolism, CMC and regulatory consultancy for small molecule drug candidates, biotherapeutics, and biomedical devices. The RMS business u...

SunPower Corporation is an American provider of photovoltaic solar energy generation systems and battery energy storage products, primarily for residential customers. The company, headquartered in San Jose, California, was founded in 1985 by Richard Swanson, an electrical engineering professor from Stanford University. Cypress Semiconductor bought a majority interest in the company in 2002, growing it quickly until SunPower went public in 2005. TotalEnergies, a French energy and oil company p...

NOTV vs SPWR — Head-to-Head

Bigger by revenue
NOTV
NOTV
1.5× larger
NOTV
$120.9M
$79.7M
SPWR
Growing faster (revenue YoY)
NOTV
NOTV
+10.9% gap
NOTV
0.8%
-10.1%
SPWR
Higher net margin
SPWR
SPWR
5.7% more per $
SPWR
-17.8%
-23.5%
NOTV
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
0.8%
NOTV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NOTV
NOTV
SPWR
SPWR
Revenue
$120.9M
$79.7M
Net Profit
$-28.4M
$-14.2M
Gross Margin
35.5%
Operating Margin
-13.5%
-27.4%
Net Margin
-23.5%
-17.8%
Revenue YoY
0.8%
-10.1%
Net Profit YoY
-2.7%
-130.1%
EPS (diluted)
$-0.83
$-0.05

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
NOTV
NOTV
SPWR
SPWR
Q4 25
$120.9M
$79.7M
Q3 25
$138.1M
$22.0M
Q2 25
$130.7M
$67.5M
Q1 25
$124.3M
$82.7M
Q4 24
$119.9M
$88.7M
Q3 24
$130.4M
Q2 24
$105.8M
Q1 24
$119.0M
Net Profit
NOTV
NOTV
SPWR
SPWR
Q4 25
$-28.4M
$-14.2M
Q3 25
$-8.6M
$-16.9M
Q2 25
$-17.6M
$-22.4M
Q1 25
$-14.9M
$8.1M
Q4 24
$-27.6M
$47.0M
Q3 24
$-18.9M
Q2 24
$-26.1M
Q1 24
$-48.1M
Gross Margin
NOTV
NOTV
SPWR
SPWR
Q4 25
35.5%
Q3 25
Q2 25
42.6%
Q1 25
48.5%
Q4 24
46.5%
Q3 24
Q2 24
Q1 24
Operating Margin
NOTV
NOTV
SPWR
SPWR
Q4 25
-13.5%
-27.4%
Q3 25
-4.9%
-15.7%
Q2 25
-4.3%
-4.0%
Q1 25
-2.4%
1.3%
Q4 24
-12.9%
-24.2%
Q3 24
-10.1%
Q2 24
-19.6%
Q1 24
-36.2%
Net Margin
NOTV
NOTV
SPWR
SPWR
Q4 25
-23.5%
-17.8%
Q3 25
-6.2%
-76.9%
Q2 25
-13.5%
-33.2%
Q1 25
-12.0%
9.8%
Q4 24
-23.0%
53.0%
Q3 24
-14.5%
Q2 24
-24.7%
Q1 24
-40.4%
EPS (diluted)
NOTV
NOTV
SPWR
SPWR
Q4 25
$-0.83
$-0.05
Q3 25
$-0.14
$-0.19
Q2 25
$-0.51
$-0.28
Q1 25
$-0.44
$0.00
Q4 24
$-1.02
$0.27
Q3 24
$-0.73
Q2 24
$-1.00
Q1 24
$-1.86

Balance Sheet & Financial Strength

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

Metric
NOTV
NOTV
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$12.7M
$9.6M
Total DebtLower is stronger
$405.8M
$164.8M
Stockholders' EquityBook value
$109.0M
$-90.1M
Total Assets
$734.3M
$241.2M
Debt / EquityLower = less leverage
3.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOTV
NOTV
SPWR
SPWR
Q4 25
$12.7M
$9.6M
Q3 25
$21.7M
$5.1M
Q2 25
$6.2M
$11.1M
Q1 25
$19.3M
$10.6M
Q4 24
$38.0M
$13.4M
Q3 24
$21.4M
Q2 24
$14.4M
Q1 24
$32.7M
Total Debt
NOTV
NOTV
SPWR
SPWR
Q4 25
$405.8M
$164.8M
Q3 25
$402.1M
$204.3M
Q2 25
$396.5M
$152.9M
Q1 25
$399.5M
Q4 24
$396.0M
$147.3M
Q3 24
$393.3M
Q2 24
$382.4M
Q1 24
$380.6M
Stockholders' Equity
NOTV
NOTV
SPWR
SPWR
Q4 25
$109.0M
$-90.1M
Q3 25
$136.0M
$-112.3M
Q2 25
$143.8M
$-107.2M
Q1 25
$157.7M
$-89.0M
Q4 24
$169.8M
$-97.5M
Q3 24
$170.5M
Q2 24
$182.1M
Q1 24
$207.2M
Total Assets
NOTV
NOTV
SPWR
SPWR
Q4 25
$734.3M
$241.2M
Q3 25
$771.1M
$208.3M
Q2 25
$759.7M
$163.1M
Q1 25
$766.0M
$147.8M
Q4 24
$772.9M
$144.5M
Q3 24
$781.4M
Q2 24
$774.6M
Q1 24
$815.4M
Debt / Equity
NOTV
NOTV
SPWR
SPWR
Q4 25
3.72×
Q3 25
2.96×
Q2 25
2.76×
Q1 25
2.53×
Q4 24
2.33×
Q3 24
2.31×
Q2 24
2.10×
Q1 24
1.84×

Cash Flow & Capital Efficiency

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

Metric
NOTV
NOTV
SPWR
SPWR
Operating Cash FlowLast quarter
$-5.4M
$-1.9M
Free Cash FlowOCF − Capex
$-10.6M
FCF MarginFCF / Revenue
-8.8%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-28.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOTV
NOTV
SPWR
SPWR
Q4 25
$-5.4M
$-1.9M
Q3 25
$14.3M
$-6.4M
Q2 25
$-7.4M
$-4.4M
Q1 25
$-12.8M
$-2.6M
Q4 24
$-4.5M
$-25.6M
Q3 24
$-2.4M
Q2 24
$-14.8M
Q1 24
$16.9M
Free Cash Flow
NOTV
NOTV
SPWR
SPWR
Q4 25
$-10.6M
Q3 25
$11.6M
Q2 25
$-11.5M
Q1 25
$-18.3M
Q4 24
$-9.0M
Q3 24
$-7.7M
Q2 24
$-19.2M
Q1 24
$9.9M
FCF Margin
NOTV
NOTV
SPWR
SPWR
Q4 25
-8.8%
Q3 25
8.4%
Q2 25
-8.8%
Q1 25
-14.7%
Q4 24
-7.5%
Q3 24
-5.9%
Q2 24
-18.2%
Q1 24
8.3%
Capex Intensity
NOTV
NOTV
SPWR
SPWR
Q4 25
4.3%
Q3 25
1.9%
Q2 25
3.1%
Q1 25
4.4%
Q4 24
3.7%
Q3 24
4.1%
Q2 24
4.2%
Q1 24
5.9%
Cash Conversion
NOTV
NOTV
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
-0.32×
Q4 24
-0.54×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NOTV
NOTV

Research Models And Services Segment$72.9M60%
Discovery And Safety Assessment Segment$48.0M40%

SPWR
SPWR

Residential Solar Installation$46.9M59%
New Homes Business$22.7M29%
Other$10.1M13%

Related Comparisons