vs

Side-by-side financial comparison of National Storage Affiliates Trust (NSA) and STRATASYS LTD. (SSYS). Click either name above to swap in a different company.

National Storage Affiliates Trust is the larger business by last-quarter revenue ($187.0M vs $137.0M, roughly 1.4× STRATASYS LTD.). National Storage Affiliates Trust runs the higher net margin — 12.2% vs -40.6%, a 52.9% gap on every dollar of revenue. On growth, National Storage Affiliates Trust posted the faster year-over-year revenue change (-1.6% vs -2.2%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $2.5M). Over the past eight quarters, National Storage Affiliates Trust's revenue compounded faster (-2.4% CAGR vs -7.4%).

National Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.

Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.

NSA vs SSYS — Head-to-Head

Bigger by revenue
NSA
NSA
1.4× larger
NSA
$187.0M
$137.0M
SSYS
Growing faster (revenue YoY)
NSA
NSA
+0.5% gap
NSA
-1.6%
-2.2%
SSYS
Higher net margin
NSA
NSA
52.9% more per $
NSA
12.2%
-40.6%
SSYS
More free cash flow
NSA
NSA
$297.4M more FCF
NSA
$299.8M
$2.5M
SSYS
Faster 2-yr revenue CAGR
NSA
NSA
Annualised
NSA
-2.4%
-7.4%
SSYS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NSA
NSA
SSYS
SSYS
Revenue
$187.0M
$137.0M
Net Profit
$22.9M
$-55.6M
Gross Margin
72.5%
41.0%
Operating Margin
20.2%
-16.6%
Net Margin
12.2%
-40.6%
Revenue YoY
-1.6%
-2.2%
Net Profit YoY
36.8%
-109.0%
EPS (diluted)
$0.23

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
NSA
NSA
SSYS
SSYS
Q4 25
$187.0M
Q3 25
$188.7M
$137.0M
Q2 25
$188.8M
$138.1M
Q1 25
$188.4M
$136.0M
Q4 24
$190.1M
Q3 24
$193.6M
$140.0M
Q2 24
$190.4M
$138.0M
Q1 24
$196.1M
$144.1M
Net Profit
NSA
NSA
SSYS
SSYS
Q4 25
$22.9M
Q3 25
$18.4M
$-55.6M
Q2 25
$19.5M
$-16.7M
Q1 25
$13.0M
$-13.1M
Q4 24
$16.7M
Q3 24
$18.7M
$-26.6M
Q2 24
$17.1M
$-25.7M
Q1 24
$59.0M
$-26.0M
Gross Margin
NSA
NSA
SSYS
SSYS
Q4 25
72.5%
Q3 25
70.7%
41.0%
Q2 25
70.5%
43.1%
Q1 25
70.7%
44.3%
Q4 24
72.5%
Q3 24
72.8%
44.8%
Q2 24
72.6%
43.8%
Q1 24
72.1%
44.4%
Operating Margin
NSA
NSA
SSYS
SSYS
Q4 25
20.2%
Q3 25
15.8%
-16.6%
Q2 25
16.5%
-12.0%
Q1 25
11.0%
-9.1%
Q4 24
14.5%
Q3 24
15.8%
-18.2%
Q2 24
17.2%
-18.9%
Q1 24
48.9%
-17.0%
Net Margin
NSA
NSA
SSYS
SSYS
Q4 25
12.2%
Q3 25
9.8%
-40.6%
Q2 25
10.3%
-12.1%
Q1 25
6.9%
-9.6%
Q4 24
8.8%
Q3 24
9.7%
-19.0%
Q2 24
9.0%
-18.6%
Q1 24
30.1%
-18.0%
EPS (diluted)
NSA
NSA
SSYS
SSYS
Q4 25
$0.23
Q3 25
$0.17
Q2 25
$0.19
Q1 25
$0.10
Q4 24
$0.19
Q3 24
$0.18
Q2 24
$0.16
Q1 24
$0.65

Balance Sheet & Financial Strength

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

Metric
NSA
NSA
SSYS
SSYS
Cash + ST InvestmentsLiquidity on hand
$23.3M
$71.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$946.0M
$852.5M
Total Assets
$5.1B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NSA
NSA
SSYS
SSYS
Q4 25
$23.3M
Q3 25
$26.3M
$71.5M
Q2 25
$26.1M
$71.1M
Q1 25
$19.3M
$70.1M
Q4 24
$50.4M
Q3 24
$69.9M
$64.0M
Q2 24
$59.0M
$70.9M
Q1 24
$64.2M
$91.1M
Stockholders' Equity
NSA
NSA
SSYS
SSYS
Q4 25
$946.0M
Q3 25
$973.1M
$852.5M
Q2 25
$1.0B
$902.4M
Q1 25
$1.0B
$784.8M
Q4 24
$1.1B
Q3 24
$986.9M
$831.8M
Q2 24
$1.2B
$850.5M
Q1 24
$1.3B
$866.1M
Total Assets
NSA
NSA
SSYS
SSYS
Q4 25
$5.1B
Q3 25
$5.1B
$1.1B
Q2 25
$5.2B
$1.1B
Q1 25
$5.3B
$1.0B
Q4 24
$5.4B
Q3 24
$5.4B
$1.1B
Q2 24
$5.3B
$1.1B
Q1 24
$5.4B
$1.1B

Cash Flow & Capital Efficiency

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

Metric
NSA
NSA
SSYS
SSYS
Operating Cash FlowLast quarter
$338.5M
$6.9M
Free Cash FlowOCF − Capex
$299.8M
$2.5M
FCF MarginFCF / Revenue
160.3%
1.8%
Capex IntensityCapex / Revenue
20.7%
3.2%
Cash ConversionOCF / Net Profit
14.79×
TTM Free Cash FlowTrailing 4 quarters
$541.5M
$-11.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NSA
NSA
SSYS
SSYS
Q4 25
$338.5M
Q3 25
$100.2M
$6.9M
Q2 25
$79.9M
$-1.1M
Q1 25
$85.6M
$4.5M
Q4 24
$363.1M
Q3 24
$105.7M
$-4.5M
Q2 24
$83.2M
$-2.4M
Q1 24
$94.0M
$7.3M
Free Cash Flow
NSA
NSA
SSYS
SSYS
Q4 25
$299.8M
Q3 25
$88.0M
$2.5M
Q2 25
$73.8M
$-8.4M
Q1 25
$79.9M
$789.0K
Q4 24
$344.4M
Q3 24
$101.8M
$-6.3M
Q2 24
$79.5M
$-4.9M
Q1 24
$88.6M
$5.0M
FCF Margin
NSA
NSA
SSYS
SSYS
Q4 25
160.3%
Q3 25
46.6%
1.8%
Q2 25
39.1%
-6.1%
Q1 25
42.4%
0.6%
Q4 24
181.2%
Q3 24
52.6%
-4.5%
Q2 24
41.7%
-3.6%
Q1 24
45.2%
3.5%
Capex Intensity
NSA
NSA
SSYS
SSYS
Q4 25
20.7%
Q3 25
6.5%
3.2%
Q2 25
3.2%
5.3%
Q1 25
3.0%
2.8%
Q4 24
9.8%
Q3 24
2.0%
1.3%
Q2 24
1.9%
1.8%
Q1 24
2.7%
1.6%
Cash Conversion
NSA
NSA
SSYS
SSYS
Q4 25
14.79×
Q3 25
5.44×
Q2 25
4.10×
Q1 25
6.59×
Q4 24
21.70×
Q3 24
5.65×
Q2 24
4.88×
Q1 24
1.59×

Financial Flow Comparison

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

Related Comparisons