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Side-by-side financial comparison of Nuvve Holding Corp. (NVVE) and PAVmed Inc. (PAVM). Click either name above to swap in a different company.

Nuvve Holding Corp. is the larger business by last-quarter revenue ($1.9M vs $996.0K, roughly 1.9× PAVmed Inc.). PAVmed Inc. runs the higher net margin — 6465.8% vs -314.5%, a 6780.3% gap on every dollar of revenue. On growth, PAVmed Inc. posted the faster year-over-year revenue change (25.9% vs 7.9%).

Nuvve Holding Corp. is a global technology provider specializing in vehicle-to-grid (V2G) solutions for electric vehicles. It delivers intelligent energy management platforms that allow EV batteries to feed excess stored power back to electrical grids, serving commercial fleet operators, utility firms, and residential EV owners across North America, Europe, and Asia-Pacific.

PAVmed Inc. is a commercial-stage medical technology company that designs, develops and commercializes innovative diagnostic and therapeutic medical products. Its portfolio covers point-of-care diagnostics, interventional oncology and gastroenterology solutions, primarily serving healthcare providers and patients across the United States.

NVVE vs PAVM — Head-to-Head

Bigger by revenue
NVVE
NVVE
1.9× larger
NVVE
$1.9M
$996.0K
PAVM
Growing faster (revenue YoY)
PAVM
PAVM
+18.0% gap
PAVM
25.9%
7.9%
NVVE
Higher net margin
PAVM
PAVM
6780.3% more per $
PAVM
6465.8%
-314.5%
NVVE

Income Statement — Q4 FY2025 vs Q3 FY2024

Metric
NVVE
NVVE
PAVM
PAVM
Revenue
$1.9M
$996.0K
Net Profit
$-6.1M
$64.4M
Gross Margin
-38.7%
Operating Margin
-346.7%
-1162.4%
Net Margin
-314.5%
6465.8%
Revenue YoY
7.9%
25.9%
Net Profit YoY
-19.0%
464.4%
EPS (diluted)
$-69.41
$1.44

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
NVVE
NVVE
PAVM
PAVM
Q4 25
$1.9M
Q3 25
$1.6M
Q1 25
$934.3K
Q4 24
$1.8M
Q3 24
$1.9M
$996.0K
Q2 24
$802.2K
$979.0K
Q1 24
$779.8K
$1.0M
Q4 23
$1.6M
$1.0M
Net Profit
NVVE
NVVE
PAVM
PAVM
Q4 25
$-6.1M
Q3 25
$-4.5M
Q1 25
$-6.9M
Q4 24
$-5.1M
Q3 24
$-1.6M
$64.4M
Q2 24
$-3.9M
$-10.8M
Q1 24
$-6.7M
$-15.2M
Q4 23
$-7.3M
$-14.0M
Gross Margin
NVVE
NVVE
PAVM
PAVM
Q4 25
Q3 25
Q1 25
Q4 24
Q3 24
-38.7%
Q2 24
-70.2%
Q1 24
-72.7%
Q4 23
-53.5%
Operating Margin
NVVE
NVVE
PAVM
PAVM
Q4 25
-346.7%
Q3 25
-319.7%
Q1 25
-597.9%
Q4 24
-314.2%
Q3 24
-95.8%
-1162.4%
Q2 24
-718.5%
-1397.8%
Q1 24
-929.4%
-1389.7%
Q4 23
-1561.7%
Net Margin
NVVE
NVVE
PAVM
PAVM
Q4 25
-314.5%
Q3 25
-281.9%
Q1 25
-735.6%
Q4 24
-285.2%
Q3 24
-86.0%
6465.8%
Q2 24
-491.0%
-1105.9%
Q1 24
-861.1%
-1506.1%
Q4 23
-442.9%
-1338.0%
EPS (diluted)
NVVE
NVVE
PAVM
PAVM
Q4 25
$-69.41
Q3 25
$-0.24
Q1 25
$-3.88
Q4 24
$-1050.64
Q3 24
$-2.47
$1.44
Q2 24
$-6.70
$-1.19
Q1 24
$-16.89
$-2.62
Q4 23
$-368.21
$-1.90

Balance Sheet & Financial Strength

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

Metric
NVVE
NVVE
PAVM
PAVM
Cash + ST InvestmentsLiquidity on hand
$5.5M
$765.0K
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$-1.7M
$-4.9M
Total Assets
$17.4M
$30.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVVE
NVVE
PAVM
PAVM
Q4 25
$5.5M
Q3 25
$939.4K
Q1 25
$1.2M
Q4 24
$371.5K
Q3 24
$325.2K
$765.0K
Q2 24
$1.4M
$25.5M
Q1 24
$5.3M
$25.5M
Q4 23
$1.5M
$19.6M
Total Debt
NVVE
NVVE
PAVM
PAVM
Q4 25
$1.7M
Q3 25
$3.0M
Q1 25
$4.8M
Q4 24
$5.5M
Q3 24
$2.4M
Q2 24
Q1 24
Q4 23
$0
Stockholders' Equity
NVVE
NVVE
PAVM
PAVM
Q4 25
$-1.7M
Q3 25
$-1.4M
Q1 25
$-3.2M
Q4 24
$-1.3M
Q3 24
$3.0M
$-4.9M
Q2 24
$3.3M
$-73.9M
Q1 24
$6.6M
$-68.8M
Q4 23
$7.5M
$-53.8M
Total Assets
NVVE
NVVE
PAVM
PAVM
Q4 25
$17.4M
Q3 25
$16.8M
Q1 25
$16.5M
Q4 24
$16.8M
Q3 24
$18.3M
$30.6M
Q2 24
$18.5M
$39.4M
Q1 24
$23.5M
$37.3M
Q4 23
$21.0M
$33.1M
Debt / Equity
NVVE
NVVE
PAVM
PAVM
Q4 25
Q3 25
Q1 25
Q4 24
Q3 24
0.81×
Q2 24
Q1 24
Q4 23
0.00×

Cash Flow & Capital Efficiency

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

Metric
NVVE
NVVE
PAVM
PAVM
Operating Cash FlowLast quarter
$-4.3M
$-8.9M
Free Cash FlowOCF − Capex
$-8.9M
FCF MarginFCF / Revenue
-892.5%
Capex IntensityCapex / Revenue
0.0%
0.6%
Cash ConversionOCF / Net Profit
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$-45.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVVE
NVVE
PAVM
PAVM
Q4 25
$-4.3M
Q3 25
$-5.1M
Q1 25
$-1.8M
Q4 24
$-3.5M
Q3 24
$-3.5M
$-8.9M
Q2 24
$-4.0M
$-11.7M
Q1 24
$-4.7M
$-13.1M
Q4 23
$-11.9M
Free Cash Flow
NVVE
NVVE
PAVM
PAVM
Q4 25
Q3 25
$-5.1M
Q1 25
$-1.8M
Q4 24
$-3.5M
Q3 24
$-3.5M
$-8.9M
Q2 24
$-4.0M
$-11.7M
Q1 24
$-4.8M
$-13.2M
Q4 23
$-12.1M
FCF Margin
NVVE
NVVE
PAVM
PAVM
Q4 25
Q3 25
-317.6%
Q1 25
-194.9%
Q4 24
-196.0%
Q3 24
-182.9%
-892.5%
Q2 24
-501.7%
-1190.9%
Q1 24
-611.2%
-1302.1%
Q4 23
-1149.4%
Capex Intensity
NVVE
NVVE
PAVM
PAVM
Q4 25
0.0%
Q3 25
0.2%
Q1 25
1.3%
Q4 24
0.5%
Q3 24
0.1%
0.6%
Q2 24
1.5%
0.3%
Q1 24
5.2%
4.2%
Q4 23
0.7%
17.4%
Cash Conversion
NVVE
NVVE
PAVM
PAVM
Q4 25
Q3 25
Q1 25
Q4 24
Q3 24
-0.14×
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVVE
NVVE

Engineering Services$1.1M57%
Other$838.4K43%

PAVM
PAVM

Segment breakdown not available.

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