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Side-by-side financial comparison of Nextpower Inc. (NXT) and Ralliant Corp (RAL). Click either name above to swap in a different company.
Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $529.1M, roughly 1.7× Ralliant Corp). Nextpower Inc. runs the higher net margin — 14.4% vs 7.5%, a 6.9% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs -0.5%). Ralliant Corp produced more free cash flow last quarter ($126.6M vs $118.5M).
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
NXT vs RAL — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $909.4M | $529.1M |
| Net Profit | $131.2M | $39.9M |
| Gross Margin | 31.7% | 50.8% |
| Operating Margin | 19.4% | 9.8% |
| Net Margin | 14.4% | 7.5% |
| Revenue YoY | 33.9% | -0.5% |
| Net Profit YoY | 13.8% | -56.1% |
| EPS (diluted) | $0.85 | $0.35 |
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 | — | ||
| Q3 25 | $905.3M | $529.1M | ||
| Q2 25 | $864.3M | $503.3M | ||
| Q1 25 | $924.3M | — | ||
| Q4 24 | $679.4M | — | ||
| Q3 24 | $635.6M | $531.7M | ||
| Q2 24 | $719.9M | $533.7M | ||
| Q1 24 | $736.5M | — |
| Q4 25 | $131.2M | — | ||
| Q3 25 | $146.9M | $39.9M | ||
| Q2 25 | $157.2M | $47.6M | ||
| Q1 25 | $156.8M | — | ||
| Q4 24 | $115.3M | — | ||
| Q3 24 | $115.4M | $90.9M | ||
| Q2 24 | $121.7M | $64.8M | ||
| Q1 24 | $205.2M | — |
| Q4 25 | 31.7% | — | ||
| Q3 25 | 32.4% | 50.8% | ||
| Q2 25 | 32.6% | 49.3% | ||
| Q1 25 | 33.1% | — | ||
| Q4 24 | 35.5% | — | ||
| Q3 24 | 35.4% | 52.6% | ||
| Q2 24 | 33.0% | 51.5% | ||
| Q1 24 | 46.2% | — |
| Q4 25 | 19.4% | — | ||
| Q3 25 | 20.0% | 9.8% | ||
| Q2 25 | 21.5% | 11.7% | ||
| Q1 25 | 21.1% | — | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 21.0% | 20.9% | ||
| Q2 24 | 22.2% | 19.7% | ||
| Q1 24 | 36.8% | — |
| Q4 25 | 14.4% | — | ||
| Q3 25 | 16.2% | 7.5% | ||
| Q2 25 | 18.2% | 9.5% | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 17.0% | — | ||
| Q3 24 | 18.2% | 17.1% | ||
| Q2 24 | 16.9% | 12.1% | ||
| Q1 24 | 27.9% | — |
| Q4 25 | $0.85 | — | ||
| Q3 25 | $0.97 | $0.35 | ||
| Q2 25 | $1.04 | $0.42 | ||
| Q1 25 | $1.05 | — | ||
| Q4 24 | $0.79 | — | ||
| Q3 24 | $0.79 | $0.81 | ||
| Q2 24 | $0.84 | $0.57 | ||
| 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 | $264.2M |
| Total DebtLower is stronger | — | $1.1B |
| Stockholders' EquityBook value | $2.2B | $3.0B |
| Total Assets | $3.8B | $5.3B |
| Debt / EquityLower = less leverage | — | 0.39× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $952.6M | — | ||
| Q3 25 | $845.3M | $264.2M | ||
| Q2 25 | $743.4M | $198.6M | ||
| Q1 25 | $766.1M | — | ||
| Q4 24 | $693.5M | — | ||
| Q3 24 | $561.9M | — | ||
| Q2 24 | $471.9M | — | ||
| Q1 24 | $474.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.0B | $3.0B | ||
| Q2 25 | $1.8B | $3.0B | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | $4.0B | ||
| Q2 24 | $1.1B | $4.0B | ||
| Q1 24 | $961.0M | — |
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.7B | $5.3B | ||
| Q2 25 | $3.4B | $5.2B | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.6B | — | ||
| Q1 24 | $2.5B | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.38× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $138.6M |
| Free Cash FlowOCF − Capex | $118.5M | $126.6M |
| FCF MarginFCF / Revenue | 13.0% | 23.9% |
| Capex IntensityCapex / Revenue | 0.5% | 2.3% |
| Cash ConversionOCF / Net Profit | 0.94× | 3.47× |
| TTM Free Cash FlowTrailing 4 quarters | $587.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.3M | — | ||
| Q3 25 | $186.9M | $138.6M | ||
| Q2 25 | $81.3M | — | ||
| Q1 25 | $237.3M | — | ||
| Q4 24 | $143.8M | — | ||
| Q3 24 | $153.8M | — | ||
| Q2 24 | $120.8M | — | ||
| Q1 24 | $111.5M | — |
| Q4 25 | $118.5M | — | ||
| Q3 25 | $171.4M | $126.6M | ||
| Q2 25 | $70.1M | — | ||
| Q1 25 | $227.2M | — | ||
| Q4 24 | $134.9M | — | ||
| Q3 24 | $141.8M | — | ||
| Q2 24 | $118.0M | — | ||
| Q1 24 | $109.2M | — |
| Q4 25 | 13.0% | — | ||
| Q3 25 | 18.9% | 23.9% | ||
| Q2 25 | 8.1% | — | ||
| Q1 25 | 24.6% | — | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 22.3% | — | ||
| Q2 24 | 16.4% | — | ||
| Q1 24 | 14.8% | — |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 1.7% | 2.3% | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 0.94× | — | ||
| Q3 25 | 1.27× | 3.47× | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 0.99× | — | ||
| Q1 24 | 0.54× | — |
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% |
RAL
| Industrial Manufacturing | $111.1M | 21% |
| Defense And Space | $93.6M | 18% |
| Diversified Electronics | $91.0M | 17% |
| Test And Measurement | $76.8M | 15% |
| Communications | $60.7M | 11% |
| Semiconductors | $51.4M | 10% |
| Other Direct End Markets | $44.4M | 8% |
