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Side-by-side financial comparison of NWPX Infrastructure, Inc. (NWPX) and PUMA BIOTECHNOLOGY, INC. (PBYI). Click either name above to swap in a different company.

NWPX Infrastructure, Inc. is the larger business by last-quarter revenue ($138.3M vs $75.5M, roughly 1.8× PUMA BIOTECHNOLOGY, INC.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs 19.1%). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs 3.3%).

NWPX vs PBYI — Head-to-Head

Bigger by revenue
NWPX
NWPX
1.8× larger
NWPX
$138.3M
$75.5M
PBYI
Growing faster (revenue YoY)
PBYI
PBYI
+8.7% gap
PBYI
27.7%
19.1%
NWPX
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
3.3%
NWPX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NWPX
NWPX
PBYI
PBYI
Revenue
$138.3M
$75.5M
Net Profit
$10.5M
Gross Margin
19.3%
69.3%
Operating Margin
9.2%
22.7%
Net Margin
7.6%
Revenue YoY
19.1%
27.7%
Net Profit YoY
165.7%
EPS (diluted)
$1.08
$0.26

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
NWPX
NWPX
PBYI
PBYI
Q1 26
$138.3M
Q4 25
$125.6M
$75.5M
Q3 25
$151.1M
$54.5M
Q2 25
$133.2M
$52.4M
Q1 25
$116.1M
$46.0M
Q4 24
$119.6M
$59.1M
Q3 24
$130.2M
$80.5M
Q2 24
$129.5M
$47.1M
Net Profit
NWPX
NWPX
PBYI
PBYI
Q1 26
$10.5M
Q4 25
$8.9M
Q3 25
$13.5M
$8.8M
Q2 25
$9.1M
$5.9M
Q1 25
$4.0M
$3.0M
Q4 24
$10.1M
Q3 24
$10.3M
$20.3M
Q2 24
$8.6M
$-4.5M
Gross Margin
NWPX
NWPX
PBYI
PBYI
Q1 26
19.3%
Q4 25
21.3%
69.3%
Q3 25
21.3%
77.7%
Q2 25
19.0%
76.5%
Q1 25
16.7%
77.1%
Q4 24
18.8%
76.4%
Q3 24
20.8%
63.9%
Q2 24
19.9%
77.4%
Operating Margin
NWPX
NWPX
PBYI
PBYI
Q1 26
9.2%
Q4 25
10.4%
22.7%
Q3 25
12.6%
17.6%
Q2 25
9.9%
12.7%
Q1 25
4.8%
8.7%
Q4 24
8.8%
22.6%
Q3 24
11.9%
27.4%
Q2 24
10.5%
-4.6%
Net Margin
NWPX
NWPX
PBYI
PBYI
Q1 26
7.6%
Q4 25
7.1%
Q3 25
8.9%
16.2%
Q2 25
6.8%
11.2%
Q1 25
3.4%
6.5%
Q4 24
8.4%
Q3 24
7.9%
25.2%
Q2 24
6.7%
-9.6%
EPS (diluted)
NWPX
NWPX
PBYI
PBYI
Q1 26
$1.08
Q4 25
$0.88
$0.26
Q3 25
$1.38
$0.17
Q2 25
$0.91
$0.12
Q1 25
$0.39
$0.06
Q4 24
$1.00
$0.40
Q3 24
$1.02
$0.41
Q2 24
$0.86
$-0.09

Balance Sheet & Financial Strength

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

Metric
NWPX
NWPX
PBYI
PBYI
Cash + ST InvestmentsLiquidity on hand
$14.3M
$97.5M
Total DebtLower is stronger
$10.7M
$22.7M
Stockholders' EquityBook value
$403.7M
$130.3M
Total Assets
$634.1M
$216.3M
Debt / EquityLower = less leverage
0.03×
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NWPX
NWPX
PBYI
PBYI
Q1 26
$14.3M
Q4 25
$2.3M
$97.5M
Q3 25
$2.7M
$94.4M
Q2 25
$2.0M
$96.0M
Q1 25
$5.3M
$93.2M
Q4 24
$5.0M
$101.0M
Q3 24
$5.7M
$96.7M
Q2 24
$4.5M
$96.8M
Total Debt
NWPX
NWPX
PBYI
PBYI
Q1 26
$10.7M
Q4 25
$22.7M
Q3 25
$34.0M
Q2 25
$45.3M
Q1 25
$56.7M
Q4 24
$68.0M
Q3 24
$79.3M
Q2 24
$90.7M
Stockholders' Equity
NWPX
NWPX
PBYI
PBYI
Q1 26
$403.7M
Q4 25
$394.8M
$130.3M
Q3 25
$386.4M
$115.3M
Q2 25
$379.5M
$104.7M
Q1 25
$378.5M
$97.1M
Q4 24
$374.0M
$92.1M
Q3 24
$362.4M
$71.1M
Q2 24
$351.2M
$48.5M
Total Assets
NWPX
NWPX
PBYI
PBYI
Q1 26
$634.1M
Q4 25
$579.6M
$216.3M
Q3 25
$605.2M
$202.9M
Q2 25
$592.6M
$194.9M
Q1 25
$582.2M
$196.2M
Q4 24
$589.7M
$213.3M
Q3 24
$617.2M
$220.7M
Q2 24
$631.7M
$205.0M
Debt / Equity
NWPX
NWPX
PBYI
PBYI
Q1 26
0.03×
Q4 25
0.17×
Q3 25
0.30×
Q2 25
0.43×
Q1 25
0.58×
Q4 24
0.74×
Q3 24
1.12×
Q2 24
1.87×

Cash Flow & Capital Efficiency

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

Metric
NWPX
NWPX
PBYI
PBYI
Operating Cash FlowLast quarter
$29.3M
$14.4M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters
$41.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NWPX
NWPX
PBYI
PBYI
Q1 26
$29.3M
Q4 25
$36.0M
$14.4M
Q3 25
$21.0M
$9.7M
Q2 25
$5.4M
$14.1M
Q1 25
$4.8M
$3.6M
Q4 24
$36.1M
$15.6M
Q3 24
$22.7M
$11.0M
Q2 24
$22.3M
$1.0M
Free Cash Flow
NWPX
NWPX
PBYI
PBYI
Q1 26
Q4 25
$30.8M
$14.4M
Q3 25
$13.2M
$9.7M
Q2 25
$1.9M
$14.1M
Q1 25
$1.2M
$3.6M
Q4 24
$31.9M
$15.6M
Q3 24
$16.8M
$11.0M
Q2 24
$16.2M
$1.0M
FCF Margin
NWPX
NWPX
PBYI
PBYI
Q1 26
Q4 25
24.5%
19.1%
Q3 25
8.7%
17.7%
Q2 25
1.4%
26.8%
Q1 25
1.0%
7.7%
Q4 24
26.7%
26.4%
Q3 24
12.9%
13.7%
Q2 24
12.5%
2.1%
Capex Intensity
NWPX
NWPX
PBYI
PBYI
Q1 26
Q4 25
4.1%
0.0%
Q3 25
5.2%
0.0%
Q2 25
2.6%
0.0%
Q1 25
3.2%
0.1%
Q4 24
3.5%
0.0%
Q3 24
4.6%
0.0%
Q2 24
4.7%
0.0%
Cash Conversion
NWPX
NWPX
PBYI
PBYI
Q1 26
2.78×
Q4 25
4.06×
Q3 25
1.55×
1.10×
Q2 25
0.60×
2.41×
Q1 25
1.22×
1.21×
Q4 24
3.58×
Q3 24
2.22×
0.54×
Q2 24
2.58×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NWPX
NWPX

Water Transmission Systems$93.5M68%
Precast Infrastructure and Engineered Systems$44.8M32%

PBYI
PBYI

Segment breakdown not available.

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