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Side-by-side financial comparison of NPK International Inc. (NPKI) and SBC Medical Group Holdings Inc (SBC). Click either name above to swap in a different company.
NPK International Inc. is the larger business by last-quarter revenue ($75.2M vs $39.6M, roughly 1.9× SBC Medical Group Holdings Inc). On growth, NPK International Inc. posted the faster year-over-year revenue change (30.7% vs -10.9%). SBC Medical Group Holdings Inc produced more free cash flow last quarter ($51.2M vs $5.8M). Over the past eight quarters, NPK International Inc.'s revenue compounded faster (23.9% CAGR vs -15.0%).
SBC Medical Group Holdings Inc. is a leading Japan-headquartered healthcare provider primarily focused on aesthetic medicine, dermatology, and anti-aging wellness services. It operates an extensive network of clinics across Japan, catering to both domestic patients and international medical tourists, with core offerings including cosmetic surgery and non-invasive skincare treatments.
NPKI vs SBC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.2M | $39.6M |
| Net Profit | — | $14.2M |
| Gross Margin | 37.7% | 73.1% |
| Operating Margin | 16.7% | 32.5% |
| Net Margin | — | 35.9% |
| Revenue YoY | 30.7% | -10.9% |
| Net Profit YoY | — | 117.2% |
| EPS (diluted) | $0.17 | $0.15 |
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 | $75.2M | $39.6M | ||
| Q3 25 | $68.8M | $43.4M | ||
| Q2 25 | $68.2M | $43.4M | ||
| Q1 25 | $64.8M | $47.3M | ||
| Q4 24 | $57.5M | $44.4M | ||
| Q3 24 | $44.2M | $53.1M | ||
| Q2 24 | $66.8M | $53.1M | ||
| Q1 24 | $49.0M | $54.8M |
| Q4 25 | — | $14.2M | ||
| Q3 25 | $5.7M | $12.8M | ||
| Q2 25 | $8.7M | $2.5M | ||
| Q1 25 | $10.0M | $21.5M | ||
| Q4 24 | — | $6.5M | ||
| Q3 24 | $-174.3M | $2.8M | ||
| Q2 24 | $8.0M | $18.5M | ||
| Q1 24 | $7.3M | $18.8M |
| Q4 25 | 37.7% | 73.1% | ||
| Q3 25 | 31.9% | 70.6% | ||
| Q2 25 | 36.9% | 69.2% | ||
| Q1 25 | 39.0% | 79.7% | ||
| Q4 24 | 39.2% | 76.3% | ||
| Q3 24 | 27.5% | 81.5% | ||
| Q2 24 | 37.2% | 74.2% | ||
| Q1 24 | 36.0% | 72.1% |
| Q4 25 | 16.7% | 32.5% | ||
| Q3 25 | 13.2% | 36.6% | ||
| Q2 25 | 17.0% | 33.6% | ||
| Q1 25 | 20.9% | 51.1% | ||
| Q4 24 | 20.2% | 10.6% | ||
| Q3 24 | 2.8% | 26.1% | ||
| Q2 24 | 18.7% | 51.4% | ||
| Q1 24 | 14.2% | 44.6% |
| Q4 25 | — | 35.9% | ||
| Q3 25 | 8.2% | 29.6% | ||
| Q2 25 | 12.7% | 5.7% | ||
| Q1 25 | 15.4% | 45.4% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | -394.3% | 5.3% | ||
| Q2 24 | 12.0% | 34.8% | ||
| Q1 24 | 14.9% | 34.2% |
| Q4 25 | $0.17 | $0.15 | ||
| Q3 25 | $0.07 | $0.12 | ||
| Q2 25 | $0.10 | $0.02 | ||
| Q1 25 | $0.11 | $0.21 | ||
| Q4 24 | $0.10 | $0.05 | ||
| Q3 24 | $-1.99 | $0.03 | ||
| Q2 24 | $0.09 | $0.20 | ||
| Q1 24 | $0.08 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.1M | $164.1M |
| Total DebtLower is stronger | $16.9M | $42.8M |
| Stockholders' EquityBook value | $351.2M | $248.3M |
| Total Assets | $441.8M | $380.4M |
| Debt / EquityLower = less leverage | 0.05× | 0.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.1M | $164.1M | ||
| Q3 25 | $35.6M | $127.4M | ||
| Q2 25 | $26.0M | $152.7M | ||
| Q1 25 | $20.8M | $132.1M | ||
| Q4 24 | $17.8M | $125.0M | ||
| Q3 24 | $42.9M | $137.4M | ||
| Q2 24 | $35.1M | — | ||
| Q1 24 | $37.7M | — |
| Q4 25 | $16.9M | $42.8M | ||
| Q3 25 | $9.5M | $21.1M | ||
| Q2 25 | $9.3M | $7.1M | ||
| Q1 25 | $8.1M | $6.9M | ||
| Q4 24 | $7.7M | $6.6M | ||
| Q3 24 | $14.0M | $823.2K | ||
| Q2 24 | $58.0M | — | ||
| Q1 24 | $77.4M | — |
| Q4 25 | $351.2M | $248.3M | ||
| Q3 25 | $333.9M | $248.0M | ||
| Q2 25 | $328.8M | $244.6M | ||
| Q1 25 | $326.9M | $226.4M | ||
| Q4 24 | $326.5M | $195.1M | ||
| Q3 24 | $316.5M | $205.0M | ||
| Q2 24 | $426.6M | $8.8M | ||
| Q1 24 | $421.6M | $9.0M |
| Q4 25 | $441.8M | $380.4M | ||
| Q3 25 | $404.5M | $321.4M | ||
| Q2 25 | $393.7M | $315.3M | ||
| Q1 25 | $390.0M | $284.6M | ||
| Q4 24 | $393.7M | $266.1M | ||
| Q3 24 | $389.6M | $296.5M | ||
| Q2 24 | $624.8M | $19.5M | ||
| Q1 24 | $640.8M | $19.8M |
| Q4 25 | 0.05× | 0.17× | ||
| Q3 25 | 0.03× | 0.09× | ||
| Q2 25 | 0.03× | 0.03× | ||
| Q1 25 | 0.02× | 0.03× | ||
| Q4 24 | 0.02× | 0.03× | ||
| Q3 24 | 0.04× | 0.00× | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.18× | — |
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 | $18.0M | $52.0M |
| Free Cash FlowOCF − Capex | $5.8M | $51.2M |
| FCF MarginFCF / Revenue | 7.6% | 129.3% |
| Capex IntensityCapex / Revenue | 16.3% | 2.0% |
| Cash ConversionOCF / Net Profit | — | 3.66× |
| TTM Free Cash FlowTrailing 4 quarters | $26.3M | $23.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.0M | $52.0M | ||
| Q3 25 | $24.7M | $-20.9M | ||
| Q2 25 | $21.4M | $-8.3M | ||
| Q1 25 | $8.8M | $1.9M | ||
| Q4 24 | $-4.1M | $-7.3M | ||
| Q3 24 | $2.8M | $5.0M | ||
| Q2 24 | $27.6M | $19.2M | ||
| Q1 24 | $11.9M | $3.7M |
| Q4 25 | $5.8M | $51.2M | ||
| Q3 25 | $12.0M | $-20.9M | ||
| Q2 25 | $9.7M | $-8.6M | ||
| Q1 25 | $-1.2M | $1.7M | ||
| Q4 24 | $-17.7M | $-7.9M | ||
| Q3 24 | $-6.7M | $4.6M | ||
| Q2 24 | $21.0M | $18.3M | ||
| Q1 24 | $-1.9M | $3.0M |
| Q4 25 | 7.6% | 129.3% | ||
| Q3 25 | 17.4% | -48.3% | ||
| Q2 25 | 14.3% | -19.9% | ||
| Q1 25 | -1.8% | 3.5% | ||
| Q4 24 | -30.8% | -17.8% | ||
| Q3 24 | -15.2% | 8.7% | ||
| Q2 24 | 31.4% | 34.5% | ||
| Q1 24 | -3.9% | 5.4% |
| Q4 25 | 16.3% | 2.0% | ||
| Q3 25 | 18.5% | 0.1% | ||
| Q2 25 | 17.1% | 0.7% | ||
| Q1 25 | 15.5% | 0.5% | ||
| Q4 24 | 23.6% | 1.3% | ||
| Q3 24 | 21.4% | 0.8% | ||
| Q2 24 | 9.9% | 1.6% | ||
| Q1 24 | 28.3% | 1.3% |
| Q4 25 | — | 3.66× | ||
| Q3 25 | 4.37× | -1.63× | ||
| Q2 25 | 2.47× | -3.39× | ||
| Q1 25 | 0.88× | 0.09× | ||
| Q4 24 | — | -1.12× | ||
| Q3 24 | — | 1.77× | ||
| Q2 24 | 3.43× | 1.04× | ||
| Q1 24 | 1.64× | 0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NPKI
| Rental Revenue | $34.8M | 46% |
| Products | $25.5M | 34% |
| Services | $14.9M | 20% |
SBC
| Franchising | $10.3M | 26% |
| Medical Corporation Shobikai | $8.1M | 21% |
| Medical Corporation Nasukai | $7.2M | 18% |
| Management Services | $6.3M | 16% |
| Rental Services | $4.3M | 11% |
| Medical Corporation Association Furinkai | $3.0M | 8% |
| Japan Medical And Beauty Inc | $656.5K | 2% |
