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Side-by-side financial comparison of National Storage Affiliates Trust (NSA) and SYNAPTICS Inc (SYNA). Click either name above to swap in a different company.
SYNAPTICS Inc is the larger business by last-quarter revenue ($302.5M vs $187.0M, roughly 1.6× National Storage Affiliates Trust). National Storage Affiliates Trust runs the higher net margin — 12.2% vs -4.9%, a 17.1% gap on every dollar of revenue. On growth, SYNAPTICS Inc posted the faster year-over-year revenue change (13.2% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $18.2M). Over the past eight quarters, SYNAPTICS Inc's revenue compounded faster (12.9% CAGR vs -2.4%).
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.
Synaptics, Inc. is an American neural network technologies and computer-to-human interface devices development company based in San Jose, California. It develops touchpads and fingerprint biometrics technology for computer laptops; touch, display driver, and fingerprint biometrics technology for smartphones; and touch, video and far-field voice, low-power AI processors, and wireless technology for smart home devices, wearables, and automobiles. Synaptics sells its products to original equipme...
NSA vs SYNA — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $187.0M | $302.5M |
| Net Profit | $22.9M | $-14.8M |
| Gross Margin | 72.5% | 43.5% |
| Operating Margin | 20.2% | -5.0% |
| Net Margin | 12.2% | -4.9% |
| Revenue YoY | -1.6% | 13.2% |
| Net Profit YoY | 36.8% | -922.2% |
| EPS (diluted) | $0.23 | $-0.38 |
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 | $187.0M | $302.5M | ||
| Q3 25 | $188.7M | $292.5M | ||
| Q2 25 | $188.8M | $282.8M | ||
| Q1 25 | $188.4M | $266.6M | ||
| Q4 24 | $190.1M | $267.2M | ||
| Q3 24 | $193.6M | $257.7M | ||
| Q2 24 | $190.4M | $247.4M | ||
| Q1 24 | $196.1M | $237.3M |
| Q4 25 | $22.9M | $-14.8M | ||
| Q3 25 | $18.4M | $-20.6M | ||
| Q2 25 | $19.5M | $-4.7M | ||
| Q1 25 | $13.0M | $-21.8M | ||
| Q4 24 | $16.7M | $1.8M | ||
| Q3 24 | $18.7M | $-23.1M | ||
| Q2 24 | $17.1M | $208.3M | ||
| Q1 24 | $59.0M | $-18.1M |
| Q4 25 | 72.5% | 43.5% | ||
| Q3 25 | 70.7% | 42.6% | ||
| Q2 25 | 70.5% | 43.0% | ||
| Q1 25 | 70.7% | 43.4% | ||
| Q4 24 | 72.5% | 45.7% | ||
| Q3 24 | 72.8% | 46.9% | ||
| Q2 24 | 72.6% | 45.8% | ||
| Q1 24 | 72.1% | 46.5% |
| Q4 25 | 20.2% | -5.0% | ||
| Q3 25 | 15.8% | -7.9% | ||
| Q2 25 | 16.5% | -8.6% | ||
| Q1 25 | 11.0% | -9.9% | ||
| Q4 24 | 14.5% | -5.7% | ||
| Q3 24 | 15.8% | -11.0% | ||
| Q2 24 | 17.2% | -12.6% | ||
| Q1 24 | 48.9% | -7.3% |
| Q4 25 | 12.2% | -4.9% | ||
| Q3 25 | 9.8% | -7.0% | ||
| Q2 25 | 10.3% | -1.7% | ||
| Q1 25 | 6.9% | -8.2% | ||
| Q4 24 | 8.8% | 0.7% | ||
| Q3 24 | 9.7% | -9.0% | ||
| Q2 24 | 9.0% | 84.2% | ||
| Q1 24 | 30.1% | -7.6% |
| Q4 25 | $0.23 | $-0.38 | ||
| Q3 25 | $0.17 | $-0.53 | ||
| Q2 25 | $0.19 | $-0.13 | ||
| Q1 25 | $0.10 | $-0.56 | ||
| Q4 24 | $0.19 | $0.05 | ||
| Q3 24 | $0.18 | $-0.58 | ||
| Q2 24 | $0.16 | $5.28 | ||
| Q1 24 | $0.65 | $-0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.3M | $437.4M |
| Total DebtLower is stronger | — | $836.0M |
| Stockholders' EquityBook value | $946.0M | $1.4B |
| Total Assets | $5.1B | $2.6B |
| Debt / EquityLower = less leverage | — | 0.60× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.3M | $437.4M | ||
| Q3 25 | $26.3M | $459.9M | ||
| Q2 25 | $26.1M | $452.5M | ||
| Q1 25 | $19.3M | $421.4M | ||
| Q4 24 | $50.4M | $596.1M | ||
| Q3 24 | $69.9M | $853.6M | ||
| Q2 24 | $59.0M | $876.9M | ||
| Q1 24 | $64.2M | $828.6M |
| Q4 25 | — | $836.0M | ||
| Q3 25 | — | $835.4M | ||
| Q2 25 | — | $834.8M | ||
| Q1 25 | — | $834.2M | ||
| Q4 24 | — | $832.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $983.5M | ||
| Q1 24 | — | — |
| Q4 25 | $946.0M | $1.4B | ||
| Q3 25 | $973.1M | $1.4B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $986.9M | $1.5B | ||
| Q2 24 | $1.2B | $1.5B | ||
| Q1 24 | $1.3B | $1.2B |
| Q4 25 | $5.1B | $2.6B | ||
| Q3 25 | $5.1B | $2.6B | ||
| Q2 25 | $5.2B | $2.6B | ||
| Q1 25 | $5.3B | $2.6B | ||
| Q4 24 | $5.4B | $2.5B | ||
| Q3 24 | $5.4B | $2.8B | ||
| Q2 24 | $5.3B | $2.8B | ||
| Q1 24 | $5.4B | $2.5B |
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.67× | ||
| 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 | $338.5M | $29.8M |
| Free Cash FlowOCF − Capex | $299.8M | $18.2M |
| FCF MarginFCF / Revenue | 160.3% | 6.0% |
| Capex IntensityCapex / Revenue | 20.7% | 3.8% |
| Cash ConversionOCF / Net Profit | 14.79× | — |
| TTM Free Cash FlowTrailing 4 quarters | $541.5M | $154.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $338.5M | $29.8M | ||
| Q3 25 | $100.2M | $30.2M | ||
| Q2 25 | $79.9M | $57.2M | ||
| Q1 25 | $85.6M | $73.4M | ||
| Q4 24 | $363.1M | $22.8M | ||
| Q3 24 | $105.7M | $-11.4M | ||
| Q2 24 | $83.2M | $65.0M | ||
| Q1 24 | $94.0M | $-13.7M |
| Q4 25 | $299.8M | $18.2M | ||
| Q3 25 | $88.0M | $18.0M | ||
| Q2 25 | $73.8M | $50.6M | ||
| Q1 25 | $79.9M | $68.0M | ||
| Q4 24 | $344.4M | $18.1M | ||
| Q3 24 | $101.8M | $-20.5M | ||
| Q2 24 | $79.5M | $57.3M | ||
| Q1 24 | $88.6M | $-22.7M |
| Q4 25 | 160.3% | 6.0% | ||
| Q3 25 | 46.6% | 6.2% | ||
| Q2 25 | 39.1% | 17.9% | ||
| Q1 25 | 42.4% | 25.5% | ||
| Q4 24 | 181.2% | 6.8% | ||
| Q3 24 | 52.6% | -8.0% | ||
| Q2 24 | 41.7% | 23.2% | ||
| Q1 24 | 45.2% | -9.6% |
| Q4 25 | 20.7% | 3.8% | ||
| Q3 25 | 6.5% | 4.2% | ||
| Q2 25 | 3.2% | 2.3% | ||
| Q1 25 | 3.0% | 2.0% | ||
| Q4 24 | 9.8% | 1.8% | ||
| Q3 24 | 2.0% | 3.5% | ||
| Q2 24 | 1.9% | 3.1% | ||
| Q1 24 | 2.7% | 3.8% |
| Q4 25 | 14.79× | — | ||
| Q3 25 | 5.44× | — | ||
| Q2 25 | 4.10× | — | ||
| Q1 25 | 6.59× | — | ||
| Q4 24 | 21.70× | 12.67× | ||
| Q3 24 | 5.65× | — | ||
| Q2 24 | 4.88× | 0.31× | ||
| Q1 24 | 1.59× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NSA
Segment breakdown not available.
SYNA
| Enterprise And Automotive Product Applications | $161.1M | 53% |
| Internet Of Things Product Applications | $93.2M | 31% |
| Mobile Product Applications | $48.2M | 16% |
