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Side-by-side financial comparison of Natera, Inc. (NTRA) and Nextpower Inc. (NXT). Click either name above to swap in a different company.

Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $665.5M, roughly 1.4× Natera, Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 7.1%, a 7.3% gap on every dollar of revenue. On growth, Natera, Inc. posted the faster year-over-year revenue change (39.8% vs 33.9%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $37.8M). Over the past eight quarters, Natera, Inc.'s revenue compounded faster (34.5% CAGR vs 11.1%).

Natera, Inc. is a clinical genetic testing company based in Austin, Texas that specializes in non-invasive, cell-free DNA (cfDNA) testing technology, with a focus on women’s health, cancer, and organ health. Natera’s proprietary technology combines novel molecular biology techniques with a suite of bioinformatics software that allows detection down to a single molecule in a tube of blood. Natera operates CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendment...

Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.

NTRA vs NXT — Head-to-Head

Bigger by revenue
NXT
NXT
1.4× larger
NXT
$909.4M
$665.5M
NTRA
Growing faster (revenue YoY)
NTRA
NTRA
+5.9% gap
NTRA
39.8%
33.9%
NXT
Higher net margin
NXT
NXT
7.3% more per $
NXT
14.4%
7.1%
NTRA
More free cash flow
NXT
NXT
$80.7M more FCF
NXT
$118.5M
$37.8M
NTRA
Faster 2-yr revenue CAGR
NTRA
NTRA
Annualised
NTRA
34.5%
11.1%
NXT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
NTRA
NTRA
NXT
NXT
Revenue
$665.5M
$909.4M
Net Profit
$47.3M
$131.2M
Gross Margin
31.7%
Operating Margin
-3.4%
19.4%
Net Margin
7.1%
14.4%
Revenue YoY
39.8%
33.9%
Net Profit YoY
187.9%
13.8%
EPS (diluted)
$0.36
$0.85

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
NTRA
NTRA
NXT
NXT
Q4 25
$665.5M
$909.4M
Q3 25
$592.2M
$905.3M
Q2 25
$546.6M
$864.3M
Q1 25
$501.8M
$924.3M
Q4 24
$476.1M
$679.4M
Q3 24
$439.8M
$635.6M
Q2 24
$413.4M
$719.9M
Q1 24
$367.7M
$736.5M
Net Profit
NTRA
NTRA
NXT
NXT
Q4 25
$47.3M
$131.2M
Q3 25
$-87.5M
$146.9M
Q2 25
$-100.9M
$157.2M
Q1 25
$-66.9M
$156.8M
Q4 24
$-53.8M
$115.3M
Q3 24
$-31.6M
$115.4M
Q2 24
$-37.5M
$121.7M
Q1 24
$-67.6M
$205.2M
Gross Margin
NTRA
NTRA
NXT
NXT
Q4 25
31.7%
Q3 25
32.4%
Q2 25
32.6%
Q1 25
33.1%
Q4 24
35.5%
Q3 24
35.4%
Q2 24
33.0%
Q1 24
46.2%
Operating Margin
NTRA
NTRA
NXT
NXT
Q4 25
-3.4%
19.4%
Q3 25
-16.5%
20.0%
Q2 25
-20.2%
21.5%
Q1 25
-15.8%
21.1%
Q4 24
-13.6%
22.1%
Q3 24
-8.9%
21.0%
Q2 24
-10.6%
22.2%
Q1 24
-20.2%
36.8%
Net Margin
NTRA
NTRA
NXT
NXT
Q4 25
7.1%
14.4%
Q3 25
-14.8%
16.2%
Q2 25
-18.5%
18.2%
Q1 25
-13.3%
17.0%
Q4 24
-11.3%
17.0%
Q3 24
-7.2%
18.2%
Q2 24
-9.1%
16.9%
Q1 24
-18.4%
27.9%
EPS (diluted)
NTRA
NTRA
NXT
NXT
Q4 25
$0.36
$0.85
Q3 25
$-0.64
$0.97
Q2 25
$-0.74
$1.04
Q1 25
$-0.50
$1.05
Q4 24
$-0.41
$0.79
Q3 24
$-0.26
$0.79
Q2 24
$-0.30
$0.84
Q1 24
$-0.56
$1.52

Balance Sheet & Financial Strength

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

Metric
NTRA
NTRA
NXT
NXT
Cash + ST InvestmentsLiquidity on hand
$952.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$2.2B
Total Assets
$2.4B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTRA
NTRA
NXT
NXT
Q4 25
$952.6M
Q3 25
$1.0M
$845.3M
Q2 25
$16.0M
$743.4M
Q1 25
$17.8M
$766.1M
Q4 24
$22.7M
$693.5M
Q3 24
$29.5M
$561.9M
Q2 24
$90.3M
$471.9M
Q1 24
$69.1M
$474.1M
Stockholders' Equity
NTRA
NTRA
NXT
NXT
Q4 25
$1.7B
$2.2B
Q3 25
$1.3B
$2.0B
Q2 25
$1.2B
$1.8B
Q1 25
$1.2B
$1.6B
Q4 24
$1.2B
$1.4B
Q3 24
$878.5M
$1.3B
Q2 24
$836.5M
$1.1B
Q1 24
$794.1M
$961.0M
Total Assets
NTRA
NTRA
NXT
NXT
Q4 25
$2.4B
$3.8B
Q3 25
$1.8B
$3.7B
Q2 25
$1.8B
$3.4B
Q1 25
$1.7B
$3.2B
Q4 24
$1.7B
$3.0B
Q3 24
$1.6B
$2.8B
Q2 24
$1.5B
$2.6B
Q1 24
$1.5B
$2.5B

Cash Flow & Capital Efficiency

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

Metric
NTRA
NTRA
NXT
NXT
Operating Cash FlowLast quarter
$73.9M
$123.3M
Free Cash FlowOCF − Capex
$37.8M
$118.5M
FCF MarginFCF / Revenue
5.7%
13.0%
Capex IntensityCapex / Revenue
5.4%
0.5%
Cash ConversionOCF / Net Profit
1.56×
0.94×
TTM Free Cash FlowTrailing 4 quarters
$109.1M
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTRA
NTRA
NXT
NXT
Q4 25
$73.9M
$123.3M
Q3 25
$59.4M
$186.9M
Q2 25
$37.6M
$81.3M
Q1 25
$44.5M
$237.3M
Q4 24
$52.9M
$143.8M
Q3 24
$51.8M
$153.8M
Q2 24
$4.0M
$120.8M
Q1 24
$27.0M
$111.5M
Free Cash Flow
NTRA
NTRA
NXT
NXT
Q4 25
$37.8M
$118.5M
Q3 25
$37.0M
$171.4M
Q2 25
$11.7M
$70.1M
Q1 25
$22.6M
$227.2M
Q4 24
$34.8M
$134.9M
Q3 24
$35.5M
$141.8M
Q2 24
$-7.7M
$118.0M
Q1 24
$6.7M
$109.2M
FCF Margin
NTRA
NTRA
NXT
NXT
Q4 25
5.7%
13.0%
Q3 25
6.2%
18.9%
Q2 25
2.1%
8.1%
Q1 25
4.5%
24.6%
Q4 24
7.3%
19.9%
Q3 24
8.1%
22.3%
Q2 24
-1.9%
16.4%
Q1 24
1.8%
14.8%
Capex Intensity
NTRA
NTRA
NXT
NXT
Q4 25
5.4%
0.5%
Q3 25
3.8%
1.7%
Q2 25
4.7%
1.3%
Q1 25
4.3%
1.1%
Q4 24
3.8%
1.3%
Q3 24
3.7%
1.9%
Q2 24
2.8%
0.4%
Q1 24
5.5%
0.3%
Cash Conversion
NTRA
NTRA
NXT
NXT
Q4 25
1.56×
0.94×
Q3 25
1.27×
Q2 25
0.52×
Q1 25
1.51×
Q4 24
1.25×
Q3 24
1.33×
Q2 24
0.99×
Q1 24
0.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NTRA
NTRA

Segment breakdown not available.

NXT
NXT

Transferred Over Time$763.9M84%
Transferred At Point In Time$145.4M16%

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