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Side-by-side financial comparison of Nextpower Inc. (NXT) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.

Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $692.4M, roughly 1.3× OCEANEERING INTERNATIONAL INC). Nextpower Inc. runs the higher net margin — 14.4% vs 5.2%, a 9.2% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 3.6%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $-76.5M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 1.8%).

Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.

Oceaneering International, Inc. is a subsea engineering and applied technology company based in Houston, Texas, U.S. that provides engineered services and hardware to customers who operate in marine, space, and other environments.

NXT vs OII — Head-to-Head

Bigger by revenue
NXT
NXT
1.3× larger
NXT
$909.4M
$692.4M
OII
Growing faster (revenue YoY)
NXT
NXT
+30.3% gap
NXT
33.9%
3.6%
OII
Higher net margin
NXT
NXT
9.2% more per $
NXT
14.4%
5.2%
OII
More free cash flow
NXT
NXT
$195.1M more FCF
NXT
$118.5M
$-76.5M
OII
Faster 2-yr revenue CAGR
NXT
NXT
Annualised
NXT
11.1%
1.8%
OII

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
NXT
NXT
OII
OII
Revenue
$909.4M
$692.4M
Net Profit
$131.2M
$36.1M
Gross Margin
31.7%
Operating Margin
19.4%
Net Margin
14.4%
5.2%
Revenue YoY
33.9%
3.6%
Net Profit YoY
13.8%
-28.3%
EPS (diluted)
$0.85
$0.36

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
NXT
NXT
OII
OII
Q1 26
$692.4M
Q4 25
$909.4M
$668.6M
Q3 25
$905.3M
$742.9M
Q2 25
$864.3M
$698.2M
Q1 25
$924.3M
$674.5M
Q4 24
$679.4M
$713.5M
Q3 24
$635.6M
$679.8M
Q2 24
$719.9M
$668.8M
Net Profit
NXT
NXT
OII
OII
Q1 26
$36.1M
Q4 25
$131.2M
$177.7M
Q3 25
$146.9M
$71.3M
Q2 25
$157.2M
$54.4M
Q1 25
$156.8M
$50.4M
Q4 24
$115.3M
$56.1M
Q3 24
$115.4M
$41.2M
Q2 24
$121.7M
$35.0M
Gross Margin
NXT
NXT
OII
OII
Q1 26
Q4 25
31.7%
19.8%
Q3 25
32.4%
20.6%
Q2 25
32.6%
21.3%
Q1 25
33.1%
20.0%
Q4 24
35.5%
19.9%
Q3 24
35.4%
19.3%
Q2 24
33.0%
18.0%
Operating Margin
NXT
NXT
OII
OII
Q1 26
Q4 25
19.4%
9.8%
Q3 25
20.0%
11.6%
Q2 25
21.5%
11.3%
Q1 25
21.1%
10.9%
Q4 24
22.1%
10.9%
Q3 24
21.0%
10.5%
Q2 24
22.2%
9.0%
Net Margin
NXT
NXT
OII
OII
Q1 26
5.2%
Q4 25
14.4%
26.6%
Q3 25
16.2%
9.6%
Q2 25
18.2%
7.8%
Q1 25
17.0%
7.5%
Q4 24
17.0%
7.9%
Q3 24
18.2%
6.1%
Q2 24
16.9%
5.2%
EPS (diluted)
NXT
NXT
OII
OII
Q1 26
$0.36
Q4 25
$0.85
$1.75
Q3 25
$0.97
$0.71
Q2 25
$1.04
$0.54
Q1 25
$1.05
$0.49
Q4 24
$0.79
$0.55
Q3 24
$0.79
$0.40
Q2 24
$0.84
$0.34

Balance Sheet & Financial Strength

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

Metric
NXT
NXT
OII
OII
Cash + ST InvestmentsLiquidity on hand
$952.6M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$2.2B
$1.1B
Total Assets
$3.8B
$2.6B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXT
NXT
OII
OII
Q1 26
Q4 25
$952.6M
$695.9M
Q3 25
$845.3M
$7.0M
Q2 25
$743.4M
$7.0M
Q1 25
$766.1M
$7.0M
Q4 24
$693.5M
$504.5M
Q3 24
$561.9M
Q2 24
$471.9M
Total Debt
NXT
NXT
OII
OII
Q1 26
$488.8M
Q4 25
$487.4M
Q3 25
Q2 25
Q1 25
Q4 24
$482.0M
Q3 24
Q2 24
Stockholders' Equity
NXT
NXT
OII
OII
Q1 26
$1.1B
Q4 25
$2.2B
$1.1B
Q3 25
$2.0B
$907.7M
Q2 25
$1.8B
$842.1M
Q1 25
$1.6B
$773.1M
Q4 24
$1.4B
$714.3M
Q3 24
$1.3B
$698.0M
Q2 24
$1.1B
$651.0M
Total Assets
NXT
NXT
OII
OII
Q1 26
$2.6B
Q4 25
$3.8B
$2.7B
Q3 25
$3.7B
$2.5B
Q2 25
$3.4B
$2.3B
Q1 25
$3.2B
$2.3B
Q4 24
$3.0B
$2.3B
Q3 24
$2.8B
$2.4B
Q2 24
$2.6B
$2.3B
Debt / Equity
NXT
NXT
OII
OII
Q1 26
0.44×
Q4 25
0.46×
Q3 25
Q2 25
Q1 25
Q4 24
0.67×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
NXT
NXT
OII
OII
Operating Cash FlowLast quarter
$123.3M
Free Cash FlowOCF − Capex
$118.5M
$-76.5M
FCF MarginFCF / Revenue
13.0%
-11.1%
Capex IntensityCapex / Revenue
0.5%
2.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$587.3M
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NXT
NXT
OII
OII
Q1 26
Q4 25
$123.3M
$221.1M
Q3 25
$186.9M
$101.3M
Q2 25
$81.3M
$77.2M
Q1 25
$237.3M
$-80.7M
Q4 24
$143.8M
$128.4M
Q3 24
$153.8M
$91.9M
Q2 24
$120.8M
$52.6M
Free Cash Flow
NXT
NXT
OII
OII
Q1 26
$-76.5M
Q4 25
$118.5M
$190.7M
Q3 25
$171.4M
$77.0M
Q2 25
$70.1M
$46.9M
Q1 25
$227.2M
$-106.8M
Q4 24
$134.9M
$94.5M
Q3 24
$141.8M
$67.0M
Q2 24
$118.0M
$29.8M
FCF Margin
NXT
NXT
OII
OII
Q1 26
-11.1%
Q4 25
13.0%
28.5%
Q3 25
18.9%
10.4%
Q2 25
8.1%
6.7%
Q1 25
24.6%
-15.8%
Q4 24
19.9%
13.2%
Q3 24
22.3%
9.9%
Q2 24
16.4%
4.5%
Capex Intensity
NXT
NXT
OII
OII
Q1 26
2.5%
Q4 25
0.5%
4.6%
Q3 25
1.7%
3.3%
Q2 25
1.3%
4.3%
Q1 25
1.1%
3.9%
Q4 24
1.3%
4.7%
Q3 24
1.9%
3.7%
Q2 24
0.4%
3.4%
Cash Conversion
NXT
NXT
OII
OII
Q1 26
Q4 25
0.94×
1.24×
Q3 25
1.27×
1.42×
Q2 25
0.52×
1.42×
Q1 25
1.51×
-1.60×
Q4 24
1.25×
2.29×
Q3 24
1.33×
2.23×
Q2 24
0.99×
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NXT
NXT

Transferred Over Time$763.9M84%
Transferred At Point In Time$145.4M16%

OII
OII

Segment breakdown not available.

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