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Side-by-side financial comparison of Nextpower Inc. (NXT) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.
Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $531.4M, roughly 1.7× PJT Partners Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 10.0%, a 4.4% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 12.9%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $118.5M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% CAGR vs 11.1%).
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
NXT vs PJT — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $909.4M | $531.4M |
| Net Profit | $131.2M | $53.4M |
| Gross Margin | 31.7% | — |
| Operating Margin | 19.4% | 23.1% |
| Net Margin | 14.4% | 10.0% |
| Revenue YoY | 33.9% | 12.9% |
| Net Profit YoY | 13.8% | 4.0% |
| EPS (diluted) | $0.85 | — |
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 | $531.4M | ||
| Q3 25 | $905.3M | $442.3M | ||
| Q2 25 | $864.3M | $401.1M | ||
| Q1 25 | $924.3M | $321.9M | ||
| Q4 24 | $679.4M | $470.5M | ||
| Q3 24 | $635.6M | $320.3M | ||
| Q2 24 | $719.9M | $358.1M | ||
| Q1 24 | $736.5M | $327.1M |
| Q4 25 | $131.2M | $53.4M | ||
| Q3 25 | $146.9M | $39.8M | ||
| Q2 25 | $157.2M | $32.9M | ||
| Q1 25 | $156.8M | $54.0M | ||
| Q4 24 | $115.3M | $51.3M | ||
| Q3 24 | $115.4M | $22.1M | ||
| Q2 24 | $121.7M | $28.3M | ||
| Q1 24 | $205.2M | $32.6M |
| Q4 25 | 31.7% | — | ||
| Q3 25 | 32.4% | — | ||
| Q2 25 | 32.6% | — | ||
| Q1 25 | 33.1% | — | ||
| Q4 24 | 35.5% | — | ||
| Q3 24 | 35.4% | — | ||
| Q2 24 | 33.0% | — | ||
| Q1 24 | 46.2% | — |
| Q4 25 | 19.4% | 23.1% | ||
| Q3 25 | 20.0% | 20.6% | ||
| Q2 25 | 21.5% | 19.1% | ||
| Q1 25 | 21.1% | 16.3% | ||
| Q4 24 | 22.1% | 21.9% | ||
| Q3 24 | 21.0% | 15.4% | ||
| Q2 24 | 22.2% | 18.0% | ||
| Q1 24 | 36.8% | 16.5% |
| Q4 25 | 14.4% | 10.0% | ||
| Q3 25 | 16.2% | 9.0% | ||
| Q2 25 | 18.2% | 8.2% | ||
| Q1 25 | 17.0% | 16.8% | ||
| Q4 24 | 17.0% | 10.9% | ||
| Q3 24 | 18.2% | 6.9% | ||
| Q2 24 | 16.9% | 7.9% | ||
| Q1 24 | 27.9% | 10.0% |
| Q4 25 | $0.85 | — | ||
| Q3 25 | $0.97 | — | ||
| Q2 25 | $1.04 | — | ||
| Q1 25 | $1.05 | — | ||
| Q4 24 | $0.79 | — | ||
| Q3 24 | $0.79 | — | ||
| Q2 24 | $0.84 | — | ||
| Q1 24 | $1.52 | — |
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 | $538.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.2B | $308.2M |
| Total Assets | $3.8B | $1.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $952.6M | $538.9M | ||
| Q3 25 | $845.3M | $400.5M | ||
| Q2 25 | $743.4M | $214.6M | ||
| Q1 25 | $766.1M | $194.3M | ||
| Q4 24 | $693.5M | $483.9M | ||
| Q3 24 | $561.9M | $148.8M | ||
| Q2 24 | $471.9M | $164.2M | ||
| Q1 24 | $474.1M | $215.5M |
| Q4 25 | $2.2B | $308.2M | ||
| Q3 25 | $2.0B | $228.6M | ||
| Q2 25 | $1.8B | $167.4M | ||
| Q1 25 | $1.6B | $148.8M | ||
| Q4 24 | $1.4B | $187.0M | ||
| Q3 24 | $1.3B | $159.1M | ||
| Q2 24 | $1.1B | $133.8M | ||
| Q1 24 | $961.0M | $174.6M |
| Q4 25 | $3.8B | $1.8B | ||
| Q3 25 | $3.7B | $1.7B | ||
| Q2 25 | $3.4B | $1.5B | ||
| Q1 25 | $3.2B | $1.4B | ||
| Q4 24 | $3.0B | $1.6B | ||
| Q3 24 | $2.8B | $1.6B | ||
| Q2 24 | $2.6B | $1.4B | ||
| Q1 24 | $2.5B | $1.3B |
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 | $155.7M |
| Free Cash FlowOCF − Capex | $118.5M | $138.6M |
| FCF MarginFCF / Revenue | 13.0% | 26.1% |
| Capex IntensityCapex / Revenue | 0.5% | 3.2% |
| Cash ConversionOCF / Net Profit | 0.94× | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | $587.3M | $480.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.3M | $155.7M | ||
| Q3 25 | $186.9M | $256.1M | ||
| Q2 25 | $81.3M | $190.4M | ||
| Q1 25 | $237.3M | $-75.9M | ||
| Q4 24 | $143.8M | $195.7M | ||
| Q3 24 | $153.8M | $180.5M | ||
| Q2 24 | $120.8M | $193.6M | ||
| Q1 24 | $111.5M | $-38.8M |
| Q4 25 | $118.5M | $138.6M | ||
| Q3 25 | $171.4M | $240.9M | ||
| Q2 25 | $70.1M | $178.9M | ||
| Q1 25 | $227.2M | $-77.9M | ||
| Q4 24 | $134.9M | $195.3M | ||
| Q3 24 | $141.8M | $178.5M | ||
| Q2 24 | $118.0M | $193.0M | ||
| Q1 24 | $109.2M | $-39.2M |
| Q4 25 | 13.0% | 26.1% | ||
| Q3 25 | 18.9% | 54.5% | ||
| Q2 25 | 8.1% | 44.6% | ||
| Q1 25 | 24.6% | -24.2% | ||
| Q4 24 | 19.9% | 41.5% | ||
| Q3 24 | 22.3% | 55.7% | ||
| Q2 24 | 16.4% | 53.9% | ||
| Q1 24 | 14.8% | -12.0% |
| Q4 25 | 0.5% | 3.2% | ||
| Q3 25 | 1.7% | 3.4% | ||
| Q2 25 | 1.3% | 2.9% | ||
| Q1 25 | 1.1% | 0.6% | ||
| Q4 24 | 1.3% | 0.1% | ||
| Q3 24 | 1.9% | 0.6% | ||
| Q2 24 | 0.4% | 0.1% | ||
| Q1 24 | 0.3% | 0.1% |
| Q4 25 | 0.94× | 2.92× | ||
| Q3 25 | 1.27× | 6.43× | ||
| Q2 25 | 0.52× | 5.79× | ||
| Q1 25 | 1.51× | -1.41× | ||
| Q4 24 | 1.25× | 3.81× | ||
| Q3 24 | 1.33× | 8.15× | ||
| Q2 24 | 0.99× | 6.84× | ||
| Q1 24 | 0.54× | -1.19× |
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% |
PJT
Segment breakdown not available.
