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Side-by-side financial comparison of Nextpower Inc. (NXT) and PATRICK INDUSTRIES INC (PATK). Click either name above to swap in a different company.
PATRICK INDUSTRIES INC is the larger business by last-quarter revenue ($924.2M vs $909.4M, roughly 1.0× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 3.1%, a 11.3% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 9.2%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $112.7M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs -0.5%).
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
NXT vs PATK — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $909.4M | $924.2M |
| Net Profit | $131.2M | $29.1M |
| Gross Margin | 31.7% | 23.0% |
| Operating Margin | 19.4% | 6.2% |
| Net Margin | 14.4% | 3.1% |
| Revenue YoY | 33.9% | 9.2% |
| Net Profit YoY | 13.8% | 99.7% |
| EPS (diluted) | $0.85 | $0.82 |
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.
| Q4 25 | $909.4M | $924.2M | ||
| Q3 25 | $905.3M | $975.6M | ||
| Q2 25 | $864.3M | $1.0B | ||
| Q1 25 | $924.3M | $1.0B | ||
| Q4 24 | $679.4M | $846.1M | ||
| Q3 24 | $635.6M | $919.4M | ||
| Q2 24 | $719.9M | $1.0B | ||
| Q1 24 | $736.5M | $933.5M |
| Q4 25 | $131.2M | $29.1M | ||
| Q3 25 | $146.9M | $35.3M | ||
| Q2 25 | $157.2M | $32.4M | ||
| Q1 25 | $156.8M | $38.2M | ||
| Q4 24 | $115.3M | $14.6M | ||
| Q3 24 | $115.4M | $40.9M | ||
| Q2 24 | $121.7M | $47.9M | ||
| Q1 24 | $205.2M | $35.1M |
| Q4 25 | 31.7% | 23.0% | ||
| Q3 25 | 32.4% | 22.6% | ||
| Q2 25 | 32.6% | 23.9% | ||
| Q1 25 | 33.1% | 22.8% | ||
| Q4 24 | 35.5% | 22.1% | ||
| Q3 24 | 35.4% | 23.1% | ||
| Q2 24 | 33.0% | 22.8% | ||
| Q1 24 | 46.2% | 21.9% |
| Q4 25 | 19.4% | 6.2% | ||
| Q3 25 | 20.0% | 6.8% | ||
| Q2 25 | 21.5% | 8.3% | ||
| Q1 25 | 21.1% | 6.5% | ||
| Q4 24 | 22.1% | 4.7% | ||
| Q3 24 | 21.0% | 8.1% | ||
| Q2 24 | 22.2% | 8.3% | ||
| Q1 24 | 36.8% | 6.4% |
| Q4 25 | 14.4% | 3.1% | ||
| Q3 25 | 16.2% | 3.6% | ||
| Q2 25 | 18.2% | 3.1% | ||
| Q1 25 | 17.0% | 3.8% | ||
| Q4 24 | 17.0% | 1.7% | ||
| Q3 24 | 18.2% | 4.4% | ||
| Q2 24 | 16.9% | 4.7% | ||
| Q1 24 | 27.9% | 3.8% |
| Q4 25 | $0.85 | $0.82 | ||
| Q3 25 | $0.97 | $1.01 | ||
| Q2 25 | $1.04 | $0.96 | ||
| Q1 25 | $1.05 | $1.11 | ||
| Q4 24 | $0.79 | $-1.44 | ||
| Q3 24 | $0.79 | $1.80 | ||
| Q2 24 | $0.84 | $2.16 | ||
| Q1 24 | $1.52 | $1.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $952.6M | $26.4M |
| Total DebtLower is stronger | — | $1.3B |
| Stockholders' EquityBook value | $2.2B | $1.2B |
| Total Assets | $3.8B | $3.1B |
| Debt / EquityLower = less leverage | — | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $952.6M | $26.4M | ||
| Q3 25 | $845.3M | $20.7M | ||
| Q2 25 | $743.4M | $22.0M | ||
| Q1 25 | $766.1M | $86.6M | ||
| Q4 24 | $693.5M | $33.6M | ||
| Q3 24 | $561.9M | $52.6M | ||
| Q2 24 | $471.9M | $44.0M | ||
| Q1 24 | $474.1M | $17.6M |
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $961.0M | $1.1B |
| Q4 25 | $3.8B | $3.1B | ||
| Q3 25 | $3.7B | $3.1B | ||
| Q2 25 | $3.4B | $3.1B | ||
| Q1 25 | $3.2B | $3.2B | ||
| Q4 24 | $3.0B | $3.0B | ||
| Q3 24 | $2.8B | $3.1B | ||
| Q2 24 | $2.6B | $3.0B | ||
| Q1 24 | $2.5B | $3.0B |
| Q4 25 | — | 1.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.18× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $123.3M | $130.8M |
| Free Cash FlowOCF − Capex | $118.5M | $112.7M |
| FCF MarginFCF / Revenue | 13.0% | 12.2% |
| Capex IntensityCapex / Revenue | 0.5% | 2.0% |
| Cash ConversionOCF / Net Profit | 0.94× | 4.50× |
| TTM Free Cash FlowTrailing 4 quarters | $587.3M | $246.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.3M | $130.8M | ||
| Q3 25 | $186.9M | $9.1M | ||
| Q2 25 | $81.3M | $149.4M | ||
| Q1 25 | $237.3M | $40.1M | ||
| Q4 24 | $143.8M | $102.7M | ||
| Q3 24 | $153.8M | $51.5M | ||
| Q2 24 | $120.8M | $137.5M | ||
| Q1 24 | $111.5M | $35.2M |
| Q4 25 | $118.5M | $112.7M | ||
| Q3 25 | $171.4M | $-17.2M | ||
| Q2 25 | $70.1M | $131.1M | ||
| Q1 25 | $227.2M | $19.9M | ||
| Q4 24 | $134.9M | $77.2M | ||
| Q3 24 | $141.8M | $33.7M | ||
| Q2 24 | $118.0M | $120.6M | ||
| Q1 24 | $109.2M | $19.7M |
| Q4 25 | 13.0% | 12.2% | ||
| Q3 25 | 18.9% | -1.8% | ||
| Q2 25 | 8.1% | 12.5% | ||
| Q1 25 | 24.6% | 2.0% | ||
| Q4 24 | 19.9% | 9.1% | ||
| Q3 24 | 22.3% | 3.7% | ||
| Q2 24 | 16.4% | 11.9% | ||
| Q1 24 | 14.8% | 2.1% |
| Q4 25 | 0.5% | 2.0% | ||
| Q3 25 | 1.7% | 2.7% | ||
| Q2 25 | 1.3% | 1.7% | ||
| Q1 25 | 1.1% | 2.0% | ||
| Q4 24 | 1.3% | 3.0% | ||
| Q3 24 | 1.9% | 1.9% | ||
| Q2 24 | 0.4% | 1.7% | ||
| Q1 24 | 0.3% | 1.7% |
| Q4 25 | 0.94× | 4.50× | ||
| Q3 25 | 1.27× | 0.26× | ||
| Q2 25 | 0.52× | 4.61× | ||
| Q1 25 | 1.51× | 1.05× | ||
| Q4 24 | 1.25× | 7.05× | ||
| Q3 24 | 1.33× | 1.26× | ||
| Q2 24 | 0.99× | 2.87× | ||
| Q1 24 | 0.54× | 1.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NXT
| Transferred Over Time | $763.9M | 84% |
| Transferred At Point In Time | $145.4M | 16% |
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
