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

Nextpower Inc. is the larger business by last-quarter revenue ($909.4M vs $814.9M, roughly 1.1× Ubiquiti Inc.). Ubiquiti Inc. runs the higher net margin — 28.7% vs 14.4%, a 14.2% gap on every dollar of revenue. On growth, Ubiquiti Inc. posted the faster year-over-year revenue change (35.8% vs 33.9%). Ubiquiti Inc. produced more free cash flow last quarter ($260.3M vs $118.5M). Over the past eight quarters, Ubiquiti Inc.'s revenue compounded faster (28.6% CAGR vs 11.1%).

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

Ubiquiti Inc. is an American technology company founded in San Jose, California, in 2003. Now based in New York City, Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share, raising $30.5 million.

NXT vs UI — Head-to-Head

Bigger by revenue
NXT
NXT
1.1× larger
NXT
$909.4M
$814.9M
UI
Growing faster (revenue YoY)
UI
UI
+2.0% gap
UI
35.8%
33.9%
NXT
Higher net margin
UI
UI
14.2% more per $
UI
28.7%
14.4%
NXT
More free cash flow
UI
UI
$141.7M more FCF
UI
$260.3M
$118.5M
NXT
Faster 2-yr revenue CAGR
UI
UI
Annualised
UI
28.6%
11.1%
NXT

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
NXT
NXT
UI
UI
Revenue
$909.4M
$814.9M
Net Profit
$131.2M
$233.6M
Gross Margin
31.7%
45.9%
Operating Margin
19.4%
35.9%
Net Margin
14.4%
28.7%
Revenue YoY
33.9%
35.8%
Net Profit YoY
13.8%
70.8%
EPS (diluted)
$0.85
$3.86

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
UI
UI
Q4 25
$909.4M
$814.9M
Q3 25
$905.3M
$733.8M
Q2 25
$864.3M
$759.2M
Q1 25
$924.3M
$664.2M
Q4 24
$679.4M
$599.9M
Q3 24
$635.6M
$550.3M
Q2 24
$719.9M
$507.5M
Q1 24
$736.5M
$493.0M
Net Profit
NXT
NXT
UI
UI
Q4 25
$131.2M
$233.6M
Q3 25
$146.9M
$207.9M
Q2 25
$157.2M
$266.7M
Q1 25
$156.8M
$180.4M
Q4 24
$115.3M
$136.8M
Q3 24
$115.4M
$128.0M
Q2 24
$121.7M
$103.8M
Q1 24
$205.2M
$76.3M
Gross Margin
NXT
NXT
UI
UI
Q4 25
31.7%
45.9%
Q3 25
32.4%
46.0%
Q2 25
32.6%
45.1%
Q1 25
33.1%
44.5%
Q4 24
35.5%
41.2%
Q3 24
35.4%
42.1%
Q2 24
33.0%
40.2%
Q1 24
46.2%
35.3%
Operating Margin
NXT
NXT
UI
UI
Q4 25
19.4%
35.9%
Q3 25
20.0%
35.7%
Q2 25
21.5%
34.4%
Q1 25
21.1%
34.2%
Q4 24
22.1%
29.8%
Q3 24
21.0%
30.7%
Q2 24
22.2%
27.3%
Q1 24
36.8%
22.6%
Net Margin
NXT
NXT
UI
UI
Q4 25
14.4%
28.7%
Q3 25
16.2%
28.3%
Q2 25
18.2%
35.1%
Q1 25
17.0%
27.2%
Q4 24
17.0%
22.8%
Q3 24
18.2%
23.3%
Q2 24
16.9%
20.5%
Q1 24
27.9%
15.5%
EPS (diluted)
NXT
NXT
UI
UI
Q4 25
$0.85
$3.86
Q3 25
$0.97
$3.43
Q2 25
$1.04
$4.40
Q1 25
$1.05
$2.98
Q4 24
$0.79
$2.26
Q3 24
$0.79
$2.12
Q2 24
$0.84
$1.72
Q1 24
$1.52
$1.26

Balance Sheet & Financial Strength

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

Metric
NXT
NXT
UI
UI
Cash + ST InvestmentsLiquidity on hand
$952.6M
$302.8M
Total DebtLower is stronger
$47.5M
Stockholders' EquityBook value
$2.2B
$1.0B
Total Assets
$3.8B
$1.6B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXT
NXT
UI
UI
Q4 25
$952.6M
$302.8M
Q3 25
$845.3M
$177.2M
Q2 25
$743.4M
$149.7M
Q1 25
$766.1M
$151.0M
Q4 24
$693.5M
$133.1M
Q3 24
$561.9M
$165.2M
Q2 24
$471.9M
$126.3M
Q1 24
$474.1M
$102.5M
Total Debt
NXT
NXT
UI
UI
Q4 25
$47.5M
Q3 25
$133.8M
Q2 25
$250.0M
Q1 25
$340.0M
Q4 24
$406.3M
Q3 24
$552.5M
Q2 24
$708.1M
Q1 24
$877.5M
Stockholders' Equity
NXT
NXT
UI
UI
Q4 25
$2.2B
$1.0B
Q3 25
$2.0B
$828.4M
Q2 25
$1.8B
$668.3M
Q1 25
$1.6B
$436.1M
Q4 24
$1.4B
$290.4M
Q3 24
$1.3B
$188.1M
Q2 24
$1.1B
$95.1M
Q1 24
$961.0M
$25.9M
Total Assets
NXT
NXT
UI
UI
Q4 25
$3.8B
$1.6B
Q3 25
$3.7B
$1.5B
Q2 25
$3.4B
$1.5B
Q1 25
$3.2B
$1.3B
Q4 24
$3.0B
$1.2B
Q3 24
$2.8B
$1.2B
Q2 24
$2.6B
$1.2B
Q1 24
$2.5B
$1.2B
Debt / Equity
NXT
NXT
UI
UI
Q4 25
0.05×
Q3 25
0.16×
Q2 25
0.37×
Q1 25
0.78×
Q4 24
1.40×
Q3 24
2.94×
Q2 24
7.45×
Q1 24
33.92×

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
UI
UI
Operating Cash FlowLast quarter
$123.3M
$263.9M
Free Cash FlowOCF − Capex
$118.5M
$260.3M
FCF MarginFCF / Revenue
13.0%
31.9%
Capex IntensityCapex / Revenue
0.5%
0.4%
Cash ConversionOCF / Net Profit
0.94×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$587.3M
$699.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NXT
NXT
UI
UI
Q4 25
$123.3M
$263.9M
Q3 25
$186.9M
$198.5M
Q2 25
$81.3M
$130.4M
Q1 25
$237.3M
$123.6M
Q4 24
$143.8M
$152.4M
Q3 24
$153.8M
$233.7M
Q2 24
$120.8M
$231.4M
Q1 24
$111.5M
$163.9M
Free Cash Flow
NXT
NXT
UI
UI
Q4 25
$118.5M
$260.3M
Q3 25
$171.4M
$193.3M
Q2 25
$70.1M
$125.2M
Q1 25
$227.2M
$120.7M
Q4 24
$134.9M
$150.4M
Q3 24
$141.8M
$231.1M
Q2 24
$118.0M
$229.5M
Q1 24
$109.2M
$160.6M
FCF Margin
NXT
NXT
UI
UI
Q4 25
13.0%
31.9%
Q3 25
18.9%
26.3%
Q2 25
8.1%
16.5%
Q1 25
24.6%
18.2%
Q4 24
19.9%
25.1%
Q3 24
22.3%
42.0%
Q2 24
16.4%
45.2%
Q1 24
14.8%
32.6%
Capex Intensity
NXT
NXT
UI
UI
Q4 25
0.5%
0.4%
Q3 25
1.7%
0.7%
Q2 25
1.3%
0.7%
Q1 25
1.1%
0.4%
Q4 24
1.3%
0.3%
Q3 24
1.9%
0.5%
Q2 24
0.4%
0.4%
Q1 24
0.3%
0.7%
Cash Conversion
NXT
NXT
UI
UI
Q4 25
0.94×
1.13×
Q3 25
1.27×
0.95×
Q2 25
0.52×
0.49×
Q1 25
1.51×
0.68×
Q4 24
1.25×
1.11×
Q3 24
1.33×
1.83×
Q2 24
0.99×
2.23×
Q1 24
0.54×
2.15×

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%

UI
UI

Enterprise Technology$729.0M89%
Service Provider Technology$85.9M11%

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