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Side-by-side financial comparison of Nextpower Inc. (NXT) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $846.8M, roughly 1.1× Trade Desk (The)). Trade Desk (The) runs the higher net margin — 22.1% vs 14.4%, a 7.6% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 14.3%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $118.5M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% CAGR vs 11.1%).
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
NXT vs TTD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $909.4M | $846.8M |
| Net Profit | $131.2M | $186.9M |
| Gross Margin | 31.7% | 80.7% |
| Operating Margin | 19.4% | 30.3% |
| Net Margin | 14.4% | 22.1% |
| Revenue YoY | 33.9% | 14.3% |
| Net Profit YoY | 13.8% | 2.6% |
| EPS (diluted) | $0.85 | $0.39 |
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 | $846.8M | ||
| Q3 25 | $905.3M | $739.4M | ||
| Q2 25 | $864.3M | $694.0M | ||
| Q1 25 | $924.3M | $616.0M | ||
| Q4 24 | $679.4M | $741.0M | ||
| Q3 24 | $635.6M | $628.0M | ||
| Q2 24 | $719.9M | $584.5M | ||
| Q1 24 | $736.5M | $491.3M |
| Q4 25 | $131.2M | $186.9M | ||
| Q3 25 | $146.9M | $115.5M | ||
| Q2 25 | $157.2M | $90.1M | ||
| Q1 25 | $156.8M | $50.7M | ||
| Q4 24 | $115.3M | $182.2M | ||
| Q3 24 | $115.4M | $94.2M | ||
| Q2 24 | $121.7M | $85.0M | ||
| Q1 24 | $205.2M | $31.7M |
| Q4 25 | 31.7% | 80.7% | ||
| Q3 25 | 32.4% | 78.1% | ||
| Q2 25 | 32.6% | 78.2% | ||
| Q1 25 | 33.1% | 76.8% | ||
| Q4 24 | 35.5% | 81.7% | ||
| Q3 24 | 35.4% | 80.5% | ||
| Q2 24 | 33.0% | 81.1% | ||
| Q1 24 | 46.2% | 78.9% |
| Q4 25 | 19.4% | 30.3% | ||
| Q3 25 | 20.0% | 21.8% | ||
| Q2 25 | 21.5% | 16.8% | ||
| Q1 25 | 21.1% | 8.8% | ||
| Q4 24 | 22.1% | 26.4% | ||
| Q3 24 | 21.0% | 17.3% | ||
| Q2 24 | 22.2% | 16.2% | ||
| Q1 24 | 36.8% | 5.8% |
| Q4 25 | 14.4% | 22.1% | ||
| Q3 25 | 16.2% | 15.6% | ||
| Q2 25 | 18.2% | 13.0% | ||
| Q1 25 | 17.0% | 8.2% | ||
| Q4 24 | 17.0% | 24.6% | ||
| Q3 24 | 18.2% | 15.0% | ||
| Q2 24 | 16.9% | 14.5% | ||
| Q1 24 | 27.9% | 6.4% |
| Q4 25 | $0.85 | $0.39 | ||
| Q3 25 | $0.97 | $0.23 | ||
| Q2 25 | $1.04 | $0.18 | ||
| Q1 25 | $1.05 | $0.10 | ||
| Q4 24 | $0.79 | $0.36 | ||
| Q3 24 | $0.79 | $0.19 | ||
| Q2 24 | $0.84 | $0.17 | ||
| Q1 24 | $1.52 | $0.06 |
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 | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.2B | $2.5B |
| Total Assets | $3.8B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $952.6M | $1.3B | ||
| Q3 25 | $845.3M | $1.4B | ||
| Q2 25 | $743.4M | $1.7B | ||
| Q1 25 | $766.1M | $1.7B | ||
| Q4 24 | $693.5M | $1.9B | ||
| Q3 24 | $561.9M | $1.7B | ||
| Q2 24 | $471.9M | $1.5B | ||
| Q1 24 | $474.1M | $1.4B |
| Q4 25 | $2.2B | $2.5B | ||
| Q3 25 | $2.0B | $2.6B | ||
| Q2 25 | $1.8B | $2.7B | ||
| Q1 25 | $1.6B | $2.7B | ||
| Q4 24 | $1.4B | $2.9B | ||
| Q3 24 | $1.3B | $2.6B | ||
| Q2 24 | $1.1B | $2.4B | ||
| Q1 24 | $961.0M | $2.2B |
| Q4 25 | $3.8B | $6.2B | ||
| Q3 25 | $3.7B | $5.9B | ||
| Q2 25 | $3.4B | $6.0B | ||
| Q1 25 | $3.2B | $5.7B | ||
| Q4 24 | $3.0B | $6.1B | ||
| Q3 24 | $2.8B | $5.5B | ||
| Q2 24 | $2.6B | $5.2B | ||
| Q1 24 | $2.5B | $4.7B |
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 | $311.6M |
| Free Cash FlowOCF − Capex | $118.5M | $285.3M |
| FCF MarginFCF / Revenue | 13.0% | 33.7% |
| Capex IntensityCapex / Revenue | 0.5% | 3.1% |
| Cash ConversionOCF / Net Profit | 0.94× | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $587.3M | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.3M | $311.6M | ||
| Q3 25 | $186.9M | $224.7M | ||
| Q2 25 | $81.3M | $165.0M | ||
| Q1 25 | $237.3M | $291.4M | ||
| Q4 24 | $143.8M | $199.4M | ||
| Q3 24 | $153.8M | $273.3M | ||
| Q2 24 | $120.8M | $81.3M | ||
| Q1 24 | $111.5M | $185.5M |
| Q4 25 | $118.5M | $285.3M | ||
| Q3 25 | $171.4M | $158.3M | ||
| Q2 25 | $70.1M | $119.8M | ||
| Q1 25 | $227.2M | $232.3M | ||
| Q4 24 | $134.9M | $179.2M | ||
| Q3 24 | $141.8M | $224.6M | ||
| Q2 24 | $118.0M | $59.1M | ||
| Q1 24 | $109.2M | $178.2M |
| Q4 25 | 13.0% | 33.7% | ||
| Q3 25 | 18.9% | 21.4% | ||
| Q2 25 | 8.1% | 17.3% | ||
| Q1 25 | 24.6% | 37.7% | ||
| Q4 24 | 19.9% | 24.2% | ||
| Q3 24 | 22.3% | 35.8% | ||
| Q2 24 | 16.4% | 10.1% | ||
| Q1 24 | 14.8% | 36.3% |
| Q4 25 | 0.5% | 3.1% | ||
| Q3 25 | 1.7% | 9.0% | ||
| Q2 25 | 1.3% | 6.5% | ||
| Q1 25 | 1.1% | 9.6% | ||
| Q4 24 | 1.3% | 2.7% | ||
| Q3 24 | 1.9% | 7.8% | ||
| Q2 24 | 0.4% | 3.8% | ||
| Q1 24 | 0.3% | 1.5% |
| Q4 25 | 0.94× | 1.67× | ||
| Q3 25 | 1.27× | 1.94× | ||
| Q2 25 | 0.52× | 1.83× | ||
| Q1 25 | 1.51× | 5.75× | ||
| Q4 24 | 1.25× | 1.09× | ||
| Q3 24 | 1.33× | 2.90× | ||
| Q2 24 | 0.99× | 0.96× | ||
| Q1 24 | 0.54× | 5.86× |
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% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
