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Side-by-side financial comparison of Nutex Health, Inc. (NUTX) and Bio-Techne (TECH). Click either name above to swap in a different company.

Bio-Techne is the larger business by last-quarter revenue ($295.9M vs $151.7M, roughly 2.0× Nutex Health, Inc.). Bio-Techne runs the higher net margin — 12.8% vs 7.8%, a 5.0% gap on every dollar of revenue. On growth, Bio-Techne posted the faster year-over-year revenue change (-6.4% vs -41.1%). Over the past eight quarters, Nutex Health, Inc.'s revenue compounded faster (50.0% CAGR vs 4.2%).

Nutex Health Inc. is an American for-profit health care company and operator of healthcare facilities headquartered in Houston, Texas.

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.

NUTX vs TECH — Head-to-Head

Bigger by revenue
TECH
TECH
2.0× larger
TECH
$295.9M
$151.7M
NUTX
Growing faster (revenue YoY)
TECH
TECH
+34.7% gap
TECH
-6.4%
-41.1%
NUTX
Higher net margin
TECH
TECH
5.0% more per $
TECH
12.8%
7.8%
NUTX
Faster 2-yr revenue CAGR
NUTX
NUTX
Annualised
NUTX
50.0%
4.2%
TECH

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
NUTX
NUTX
TECH
TECH
Revenue
$151.7M
$295.9M
Net Profit
$11.8M
$38.0M
Gross Margin
30.4%
64.6%
Operating Margin
20.4%
18.4%
Net Margin
7.8%
12.8%
Revenue YoY
-41.1%
-6.4%
Net Profit YoY
-80.8%
68.3%
EPS (diluted)
$2.34
$0.24

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
NUTX
NUTX
TECH
TECH
Q4 25
$151.7M
$295.9M
Q3 25
$267.8M
Q2 25
$244.0M
$317.0M
Q1 25
$211.8M
$316.2M
Q4 24
$257.6M
$297.0M
Q3 24
$78.8M
$289.5M
Q2 24
$76.1M
$306.1M
Q1 24
$67.5M
$303.4M
Net Profit
NUTX
NUTX
TECH
TECH
Q4 25
$11.8M
$38.0M
Q3 25
$55.4M
Q2 25
$-17.7M
$-17.7M
Q1 25
$21.2M
$22.6M
Q4 24
$61.6M
$34.9M
Q3 24
$-8.8M
$33.6M
Q2 24
$-364.0K
$40.6M
Q1 24
$-364.0K
$49.1M
Gross Margin
NUTX
NUTX
TECH
TECH
Q4 25
30.4%
64.6%
Q3 25
57.8%
Q2 25
51.2%
62.7%
Q1 25
55.9%
67.9%
Q4 24
55.0%
65.3%
Q3 24
27.8%
63.2%
Q2 24
29.7%
66.4%
Q1 24
15.1%
67.4%
Operating Margin
NUTX
NUTX
TECH
TECH
Q4 25
20.4%
18.4%
Q3 25
48.7%
Q2 25
13.8%
-7.5%
Q1 25
38.1%
12.2%
Q4 24
44.4%
16.0%
Q3 24
12.3%
13.8%
Q2 24
7.0%
15.0%
Q1 24
2.1%
22.1%
Net Margin
NUTX
NUTX
TECH
TECH
Q4 25
7.8%
12.8%
Q3 25
20.7%
Q2 25
-7.3%
-5.6%
Q1 25
10.0%
7.1%
Q4 24
23.9%
11.7%
Q3 24
-11.2%
11.6%
Q2 24
-0.5%
13.3%
Q1 24
-0.5%
16.2%
EPS (diluted)
NUTX
NUTX
TECH
TECH
Q4 25
$2.34
$0.24
Q3 25
$7.76
Q2 25
$-2.95
$-0.11
Q1 25
$3.33
$0.14
Q4 24
$11.56
$0.22
Q3 24
$-1.72
$0.21
Q2 24
$-0.07
$0.26
Q1 24
$-0.08
$0.31

Balance Sheet & Financial Strength

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

Metric
NUTX
NUTX
TECH
TECH
Cash + ST InvestmentsLiquidity on hand
$185.6M
$172.9M
Total DebtLower is stronger
$260.0M
Stockholders' EquityBook value
$329.4M
$2.0B
Total Assets
$918.5M
$2.5B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NUTX
NUTX
TECH
TECH
Q4 25
$185.6M
$172.9M
Q3 25
$166.0M
Q2 25
$96.7M
$162.2M
Q1 25
$84.7M
$140.7M
Q4 24
$40.6M
$177.5M
Q3 24
$46.9M
$187.5M
Q2 24
$40.8M
$152.9M
Q1 24
$30.0M
$145.3M
Total Debt
NUTX
NUTX
TECH
TECH
Q4 25
$260.0M
Q3 25
Q2 25
$346.0M
Q1 25
$330.0M
Q4 24
$300.0M
Q3 24
$300.0M
Q2 24
$319.0M
Q1 24
$389.0M
Stockholders' Equity
NUTX
NUTX
TECH
TECH
Q4 25
$329.4M
$2.0B
Q3 25
$317.2M
Q2 25
$235.3M
$1.9B
Q1 25
$176.9M
$2.0B
Q4 24
$132.4M
$2.1B
Q3 24
$60.4M
$2.1B
Q2 24
$62.7M
$2.1B
Q1 24
$63.0M
$2.0B
Total Assets
NUTX
NUTX
TECH
TECH
Q4 25
$918.5M
$2.5B
Q3 25
$964.5M
Q2 25
$841.0M
$2.6B
Q1 25
$761.9M
$2.6B
Q4 24
$655.3M
$2.7B
Q3 24
$438.5M
$2.7B
Q2 24
$422.4M
$2.7B
Q1 24
$404.3M
$2.7B
Debt / Equity
NUTX
NUTX
TECH
TECH
Q4 25
0.13×
Q3 25
Q2 25
0.18×
Q1 25
0.16×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
NUTX
NUTX
TECH
TECH
Operating Cash FlowLast quarter
$70.4M
Free Cash FlowOCF − Capex
$69.0M
FCF MarginFCF / Revenue
45.5%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
5.95×
TTM Free Cash FlowTrailing 4 quarters
$245.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NUTX
NUTX
TECH
TECH
Q4 25
$70.4M
Q3 25
$99.5M
Q2 25
$27.3M
$98.2M
Q1 25
$51.0M
$41.1M
Q4 24
$54.0K
$84.3M
Q3 24
$6.8M
$63.9M
Q2 24
$13.3M
$75.5M
Q1 24
$3.1M
$81.0M
Free Cash Flow
NUTX
NUTX
TECH
TECH
Q4 25
$69.0M
Q3 25
$99.2M
Q2 25
$26.5M
$93.3M
Q1 25
$50.9M
$31.0M
Q4 24
$-341.0K
$77.5M
Q3 24
$6.2M
$54.7M
Q2 24
$12.7M
$57.5M
Q1 24
$2.3M
$64.5M
FCF Margin
NUTX
NUTX
TECH
TECH
Q4 25
45.5%
Q3 25
37.0%
Q2 25
10.9%
29.4%
Q1 25
24.0%
9.8%
Q4 24
-0.1%
26.1%
Q3 24
7.8%
18.9%
Q2 24
16.7%
18.8%
Q1 24
3.4%
21.3%
Capex Intensity
NUTX
NUTX
TECH
TECH
Q4 25
0.9%
Q3 25
0.1%
Q2 25
0.3%
1.5%
Q1 25
0.0%
3.2%
Q4 24
0.2%
2.3%
Q3 24
0.8%
3.2%
Q2 24
0.7%
5.9%
Q1 24
1.1%
5.4%
Cash Conversion
NUTX
NUTX
TECH
TECH
Q4 25
5.95×
Q3 25
1.80×
Q2 25
Q1 25
2.40×
1.82×
Q4 24
0.00×
2.42×
Q3 24
1.90×
Q2 24
1.86×
Q1 24
1.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NUTX
NUTX

Hospital Division$143.7M95%
Population Health Management Division$8.0M5%

TECH
TECH

Diagnostics And Spatial Biology$81.2M27%
EMEA Excluding UK$75.4M25%
Other$42.4M14%
Instruments$29.6M10%
APAC Excluding Greater China$22.7M8%
Services$22.3M8%
GB$13.7M5%
Royalty$8.5M3%

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