vs

Side-by-side financial comparison of ENVIRI Corp (NVRI) and StubHub Holdings, Inc. (STUB). Click either name above to swap in a different company.

ENVIRI Corp is the larger business by last-quarter revenue ($555.0M vs $468.1M, roughly 1.2× StubHub Holdings, Inc.). ENVIRI Corp runs the higher net margin — -15.2% vs -276.6%, a 261.4% gap on every dollar of revenue. On growth, StubHub Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs -0.8%). StubHub Holdings, Inc. produced more free cash flow last quarter ($180.3M vs $-10.5M).

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.

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

NVRI vs STUB — Head-to-Head

Bigger by revenue
NVRI
NVRI
1.2× larger
NVRI
$555.0M
$468.1M
STUB
Growing faster (revenue YoY)
STUB
STUB
+8.7% gap
STUB
7.9%
-0.8%
NVRI
Higher net margin
NVRI
NVRI
261.4% more per $
NVRI
-15.2%
-276.6%
STUB
More free cash flow
STUB
STUB
$190.7M more FCF
STUB
$180.3M
$-10.5M
NVRI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NVRI
NVRI
STUB
STUB
Revenue
$555.0M
$468.1M
Net Profit
$-84.3M
$-1.3B
Gross Margin
Operating Margin
-6.4%
-292.3%
Net Margin
-15.2%
-276.6%
Revenue YoY
-0.8%
7.9%
Net Profit YoY
0.7%
-3821.6%
EPS (diluted)
$-1.04
$-4.27

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
STUB
STUB
Q4 25
$555.0M
Q3 25
$574.8M
$468.1M
Q2 25
$562.3M
Q1 25
$548.3M
Q4 24
$559.2M
Q3 24
$573.6M
$433.8M
Q2 24
$610.0M
Q1 24
$600.3M
Net Profit
NVRI
NVRI
STUB
STUB
Q4 25
$-84.3M
Q3 25
$-22.3M
$-1.3B
Q2 25
$-47.6M
Q1 25
$-13.4M
Q4 24
$-84.9M
Q3 24
$-13.2M
$-33.0M
Q2 24
$-13.6M
Q1 24
$-18.0M
Operating Margin
NVRI
NVRI
STUB
STUB
Q4 25
-6.4%
Q3 25
2.9%
-292.3%
Q2 25
-1.3%
Q1 25
5.6%
Q4 24
-11.4%
Q3 24
6.5%
2.8%
Q2 24
5.1%
Q1 24
4.3%
Net Margin
NVRI
NVRI
STUB
STUB
Q4 25
-15.2%
Q3 25
-3.9%
-276.6%
Q2 25
-8.5%
Q1 25
-2.4%
Q4 24
-15.2%
Q3 24
-2.3%
-7.6%
Q2 24
-2.2%
Q1 24
-3.0%
EPS (diluted)
NVRI
NVRI
STUB
STUB
Q4 25
$-1.04
Q3 25
$-0.28
$-4.27
Q2 25
$-0.59
Q1 25
$-0.17
Q4 24
$-1.07
Q3 24
$-0.16
$-0.15
Q2 24
$-0.17
Q1 24
$-0.22

Balance Sheet & Financial Strength

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

Metric
NVRI
NVRI
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$103.7M
$1.4B
Total DebtLower is stronger
$1.6B
$1.7B
Stockholders' EquityBook value
$255.1M
$1.7B
Total Assets
$2.7B
$5.6B
Debt / EquityLower = less leverage
6.10×
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVRI
NVRI
STUB
STUB
Q4 25
$103.7M
Q3 25
$115.4M
$1.4B
Q2 25
$97.8M
Q1 25
$102.5M
Q4 24
$88.4M
Q3 24
$110.2M
$1.1B
Q2 24
$104.0M
Q1 24
$103.9M
Total Debt
NVRI
NVRI
STUB
STUB
Q4 25
$1.6B
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
$1.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NVRI
NVRI
STUB
STUB
Q4 25
$255.1M
Q3 25
$361.1M
$1.7B
Q2 25
$376.3M
Q1 25
$409.0M
Q4 24
$391.5M
Q3 24
$484.0M
$815.9M
Q2 24
$485.7M
Q1 24
$500.9M
Total Assets
NVRI
NVRI
STUB
STUB
Q4 25
$2.7B
Q3 25
$2.8B
$5.6B
Q2 25
$2.8B
Q1 25
$2.7B
Q4 24
$2.6B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$2.8B
Debt / Equity
NVRI
NVRI
STUB
STUB
Q4 25
6.10×
Q3 25
0.98×
Q2 25
Q1 25
Q4 24
3.66×
Q3 24
Q2 24
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
STUB
STUB
Operating Cash FlowLast quarter
$38.4M
$181.4M
Free Cash FlowOCF − Capex
$-10.5M
$180.3M
FCF MarginFCF / Revenue
-1.9%
38.5%
Capex IntensityCapex / Revenue
8.8%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-39.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVRI
NVRI
STUB
STUB
Q4 25
$38.4M
Q3 25
$34.4M
$181.4M
Q2 25
$22.0M
Q1 25
$6.6M
Q4 24
$36.3M
Q3 24
$1.4M
Q2 24
$39.0M
Q1 24
$1.3M
Free Cash Flow
NVRI
NVRI
STUB
STUB
Q4 25
$-10.5M
Q3 25
$2.7M
$180.3M
Q2 25
$-17.1M
Q1 25
$-15.0M
Q4 24
$1.8M
Q3 24
$-40.2M
Q2 24
$5.4M
Q1 24
$-25.5M
FCF Margin
NVRI
NVRI
STUB
STUB
Q4 25
-1.9%
Q3 25
0.5%
38.5%
Q2 25
-3.0%
Q1 25
-2.7%
Q4 24
0.3%
Q3 24
-7.0%
Q2 24
0.9%
Q1 24
-4.3%
Capex Intensity
NVRI
NVRI
STUB
STUB
Q4 25
8.8%
Q3 25
5.5%
0.2%
Q2 25
6.9%
Q1 25
3.9%
Q4 24
6.2%
Q3 24
7.2%
Q2 24
5.5%
Q1 24
4.5%

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%

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

Related Comparisons