vs

Side-by-side financial comparison of ENVIRI Corp (NVRI) and OSI SYSTEMS INC (OSIS). Click either name above to swap in a different company.

ENVIRI Corp is the larger business by last-quarter revenue ($555.0M vs $464.1M, roughly 1.2× OSI SYSTEMS INC). OSI SYSTEMS INC runs the higher net margin — 8.3% vs -15.2%, a 23.5% gap on every dollar of revenue. On growth, OSI SYSTEMS INC posted the faster year-over-year revenue change (10.5% vs -0.8%). OSI SYSTEMS INC produced more free cash flow last quarter ($55.5M vs $-10.5M). Over the past eight quarters, OSI SYSTEMS INC's revenue compounded faster (7.0% CAGR vs -3.8%).

Enviri Corporation is an environmental company based in Philadelphia, Pennsylvania. It operates in over 30 countries and employs approximately 12,000 people worldwide. The company addresses complex environmental issues for large industries, including steel, railways, and energy.

OSI Systems, Inc. is an American company based in California that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices. As of June 2010, the company employs approximately 3,180 personnel globally and includes subsidiary companies Spacelabs Healthcare, Rapiscan Systems and OSI Optoelectronics.

NVRI vs OSIS — Head-to-Head

Bigger by revenue
NVRI
NVRI
1.2× larger
NVRI
$555.0M
$464.1M
OSIS
Growing faster (revenue YoY)
OSIS
OSIS
+11.3% gap
OSIS
10.5%
-0.8%
NVRI
Higher net margin
OSIS
OSIS
23.5% more per $
OSIS
8.3%
-15.2%
NVRI
More free cash flow
OSIS
OSIS
$66.0M more FCF
OSIS
$55.5M
$-10.5M
NVRI
Faster 2-yr revenue CAGR
OSIS
OSIS
Annualised
OSIS
7.0%
-3.8%
NVRI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
NVRI
NVRI
OSIS
OSIS
Revenue
$555.0M
$464.1M
Net Profit
$-84.3M
$38.7M
Gross Margin
32.7%
Operating Margin
-6.4%
12.7%
Net Margin
-15.2%
8.3%
Revenue YoY
-0.8%
10.5%
Net Profit YoY
0.7%
2.3%
EPS (diluted)
$-1.04
$2.22

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
NVRI
NVRI
OSIS
OSIS
Q4 25
$555.0M
$464.1M
Q3 25
$574.8M
$384.6M
Q2 25
$562.3M
$505.0M
Q1 25
$548.3M
$444.4M
Q4 24
$559.2M
$419.8M
Q3 24
$573.6M
$344.0M
Q2 24
$610.0M
$480.9M
Q1 24
$600.3M
$405.4M
Net Profit
NVRI
NVRI
OSIS
OSIS
Q4 25
$-84.3M
$38.7M
Q3 25
$-22.3M
$20.6M
Q2 25
$-47.6M
$52.7M
Q1 25
$-13.4M
$41.1M
Q4 24
$-84.9M
$37.8M
Q3 24
$-13.2M
$17.9M
Q2 24
$-13.6M
$44.7M
Q1 24
$-18.0M
$34.0M
Gross Margin
NVRI
NVRI
OSIS
OSIS
Q4 25
32.7%
Q3 25
32.0%
Q2 25
33.3%
Q1 25
33.8%
Q4 24
35.1%
Q3 24
35.3%
Q2 24
32.1%
Q1 24
33.6%
Operating Margin
NVRI
NVRI
OSIS
OSIS
Q4 25
-6.4%
12.7%
Q3 25
2.9%
8.6%
Q2 25
-1.3%
14.5%
Q1 25
5.6%
12.7%
Q4 24
-11.4%
13.8%
Q3 24
6.5%
8.8%
Q2 24
5.1%
13.1%
Q1 24
4.3%
12.7%
Net Margin
NVRI
NVRI
OSIS
OSIS
Q4 25
-15.2%
8.3%
Q3 25
-3.9%
5.3%
Q2 25
-8.5%
10.4%
Q1 25
-2.4%
9.3%
Q4 24
-15.2%
9.0%
Q3 24
-2.3%
5.2%
Q2 24
-2.2%
9.3%
Q1 24
-3.0%
8.4%
EPS (diluted)
NVRI
NVRI
OSIS
OSIS
Q4 25
$-1.04
$2.22
Q3 25
$-0.28
$1.18
Q2 25
$-0.59
$3.04
Q1 25
$-0.17
$2.40
Q4 24
$-1.07
$2.22
Q3 24
$-0.16
$1.05
Q2 24
$-0.17
$2.57
Q1 24
$-0.22
$1.95

Balance Sheet & Financial Strength

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

Metric
NVRI
NVRI
OSIS
OSIS
Cash + ST InvestmentsLiquidity on hand
$103.7M
$336.7M
Total DebtLower is stronger
$1.6B
$1.0B
Stockholders' EquityBook value
$255.1M
$845.5M
Total Assets
$2.7B
$2.5B
Debt / EquityLower = less leverage
6.10×
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVRI
NVRI
OSIS
OSIS
Q4 25
$103.7M
$336.7M
Q3 25
$115.4M
$124.4M
Q2 25
$97.8M
$106.4M
Q1 25
$102.5M
$95.8M
Q4 24
$88.4M
$101.6M
Q3 24
$110.2M
$85.1M
Q2 24
$104.0M
$95.4M
Q1 24
$103.9M
$101.4M
Total Debt
NVRI
NVRI
OSIS
OSIS
Q4 25
$1.6B
$1.0B
Q3 25
$442.2M
Q2 25
$471.6M
Q1 25
$473.2M
Q4 24
$1.4B
$474.8M
Q3 24
$476.3M
Q2 24
$137.6M
Q1 24
Stockholders' Equity
NVRI
NVRI
OSIS
OSIS
Q4 25
$255.1M
$845.5M
Q3 25
$361.1M
$946.0M
Q2 25
$376.3M
$951.1M
Q1 25
$409.0M
$879.3M
Q4 24
$391.5M
$825.8M
Q3 24
$484.0M
$786.5M
Q2 24
$485.7M
$863.5M
Q1 24
$500.9M
$813.4M
Total Assets
NVRI
NVRI
OSIS
OSIS
Q4 25
$2.7B
$2.5B
Q3 25
$2.8B
$2.3B
Q2 25
$2.8B
$2.2B
Q1 25
$2.7B
$2.1B
Q4 24
$2.6B
$2.1B
Q3 24
$2.8B
$2.1B
Q2 24
$2.8B
$1.9B
Q1 24
$2.8B
$1.8B
Debt / Equity
NVRI
NVRI
OSIS
OSIS
Q4 25
6.10×
1.19×
Q3 25
0.47×
Q2 25
0.50×
Q1 25
0.54×
Q4 24
3.66×
0.57×
Q3 24
0.61×
Q2 24
0.16×
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
NVRI
NVRI
OSIS
OSIS
Operating Cash FlowLast quarter
$38.4M
$62.2M
Free Cash FlowOCF − Capex
$-10.5M
$55.5M
FCF MarginFCF / Revenue
-1.9%
12.0%
Capex IntensityCapex / Revenue
8.8%
1.4%
Cash ConversionOCF / Net Profit
1.61×
TTM Free Cash FlowTrailing 4 quarters
$-39.9M
$137.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVRI
NVRI
OSIS
OSIS
Q4 25
$38.4M
$62.2M
Q3 25
$34.4M
$17.1M
Q2 25
$22.0M
$562.0K
Q1 25
$6.6M
$81.6M
Q4 24
$36.3M
$52.5M
Q3 24
$1.4M
$-37.2M
Q2 24
$39.0M
$-29.0M
Q1 24
$1.3M
$-52.1M
Free Cash Flow
NVRI
NVRI
OSIS
OSIS
Q4 25
$-10.5M
$55.5M
Q3 25
$2.7M
$10.1M
Q2 25
$-17.1M
$-5.6M
Q1 25
$-15.0M
$77.1M
Q4 24
$1.8M
$47.1M
Q3 24
$-40.2M
$-44.9M
Q2 24
$5.4M
$-37.5M
Q1 24
$-25.5M
$-57.0M
FCF Margin
NVRI
NVRI
OSIS
OSIS
Q4 25
-1.9%
12.0%
Q3 25
0.5%
2.6%
Q2 25
-3.0%
-1.1%
Q1 25
-2.7%
17.4%
Q4 24
0.3%
11.2%
Q3 24
-7.0%
-13.0%
Q2 24
0.9%
-7.8%
Q1 24
-4.3%
-14.1%
Capex Intensity
NVRI
NVRI
OSIS
OSIS
Q4 25
8.8%
1.4%
Q3 25
5.5%
1.8%
Q2 25
6.9%
1.2%
Q1 25
3.9%
1.0%
Q4 24
6.2%
1.3%
Q3 24
7.2%
2.2%
Q2 24
5.5%
1.8%
Q1 24
4.5%
1.2%
Cash Conversion
NVRI
NVRI
OSIS
OSIS
Q4 25
1.61×
Q3 25
0.83×
Q2 25
0.01×
Q1 25
1.98×
Q4 24
1.39×
Q3 24
-2.07×
Q2 24
-0.65×
Q1 24
-1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVRI
NVRI

Products And Services Service Revenue$500.2M90%
After Market Parts And Services Safety And Diagnostic Technology$23.0M4%
Railway Track Maintenance Equipment$16.6M3%
Railway Contracting Services$15.9M3%
Aluminum Dross And Scrap Processing Systems$3.1M1%

OSIS
OSIS

Security Division$334.7M72%
Optoelectronics And Manufacturing Division$92.8M20%
Healthcare Division$36.5M8%

Related Comparisons