vs
Side-by-side financial comparison of Nextpower Inc. (NXT) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
MARRIOTT VACATIONS WORLDWIDE Corp is the larger business by last-quarter revenue ($1.2B vs $909.4M, roughly 1.4× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs -35.0%, a 49.4% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs -0.7%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $-6.0M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 5.2%).
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
NXT vs VAC — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $909.4M | $1.2B |
| Net Profit | $131.2M | $-431.0M |
| Gross Margin | 31.7% | — |
| Operating Margin | 19.4% | — |
| Net Margin | 14.4% | -35.0% |
| Revenue YoY | 33.9% | -0.7% |
| Net Profit YoY | 13.8% | -962.0% |
| EPS (diluted) | $0.85 | $-12.00 |
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 | $1.2B | ||
| Q3 25 | $905.3M | $1.2B | ||
| Q2 25 | $864.3M | $1.2B | ||
| Q1 25 | $924.3M | $1.1B | ||
| Q4 24 | $679.4M | $1.2B | ||
| Q3 24 | $635.6M | $1.2B | ||
| Q2 24 | $719.9M | $1.1B | ||
| Q1 24 | $736.5M | $1.1B |
| Q4 25 | $131.2M | $-431.0M | ||
| Q3 25 | $146.9M | $-2.0M | ||
| Q2 25 | $157.2M | $69.0M | ||
| Q1 25 | $156.8M | $56.0M | ||
| Q4 24 | $115.3M | $50.0M | ||
| Q3 24 | $115.4M | $84.0M | ||
| Q2 24 | $121.7M | $37.0M | ||
| Q1 24 | $205.2M | $47.0M |
| 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% | — | ||
| Q3 25 | 20.0% | — | ||
| Q2 25 | 21.5% | — | ||
| Q1 25 | 21.1% | — | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 21.0% | — | ||
| Q2 24 | 22.2% | — | ||
| Q1 24 | 36.8% | — |
| Q4 25 | 14.4% | -35.0% | ||
| Q3 25 | 16.2% | -0.2% | ||
| Q2 25 | 18.2% | 6.0% | ||
| Q1 25 | 17.0% | 5.0% | ||
| Q4 24 | 17.0% | 4.0% | ||
| Q3 24 | 18.2% | 6.9% | ||
| Q2 24 | 16.9% | 3.5% | ||
| Q1 24 | 27.9% | 4.2% |
| Q4 25 | $0.85 | $-12.00 | ||
| Q3 25 | $0.97 | $-0.07 | ||
| Q2 25 | $1.04 | $1.77 | ||
| Q1 25 | $1.05 | $1.46 | ||
| Q4 24 | $0.79 | $1.29 | ||
| Q3 24 | $0.79 | $2.12 | ||
| Q2 24 | $0.84 | $0.98 | ||
| Q1 24 | $1.52 | $1.22 |
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 | $406.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.2B | $2.0B |
| Total Assets | $3.8B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $952.6M | $406.0M | ||
| Q3 25 | $845.3M | $474.0M | ||
| Q2 25 | $743.4M | $205.0M | ||
| Q1 25 | $766.1M | $196.0M | ||
| Q4 24 | $693.5M | $197.0M | ||
| Q3 24 | $561.9M | $197.0M | ||
| Q2 24 | $471.9M | $206.0M | ||
| Q1 24 | $474.1M | $237.0M |
| Q4 25 | $2.2B | $2.0B | ||
| Q3 25 | $2.0B | $2.5B | ||
| Q2 25 | $1.8B | $2.5B | ||
| Q1 25 | $1.6B | $2.4B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.3B | $2.4B | ||
| Q2 24 | $1.1B | $2.4B | ||
| Q1 24 | $961.0M | $2.4B |
| Q4 25 | $3.8B | $9.8B | ||
| Q3 25 | $3.7B | $10.1B | ||
| Q2 25 | $3.4B | $9.9B | ||
| Q1 25 | $3.2B | $9.9B | ||
| Q4 24 | $3.0B | $9.8B | ||
| Q3 24 | $2.8B | $9.7B | ||
| Q2 24 | $2.6B | $9.6B | ||
| Q1 24 | $2.5B | $9.9B |
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 | $6.0M |
| Free Cash FlowOCF − Capex | $118.5M | $-6.0M |
| FCF MarginFCF / Revenue | 13.0% | -0.5% |
| Capex IntensityCapex / Revenue | 0.5% | 1.0% |
| Cash ConversionOCF / Net Profit | 0.94× | — |
| TTM Free Cash FlowTrailing 4 quarters | $587.3M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.3M | $6.0M | ||
| Q3 25 | $186.9M | $62.0M | ||
| Q2 25 | $81.3M | $-48.0M | ||
| Q1 25 | $237.3M | $8.0M | ||
| Q4 24 | $143.8M | $100.0M | ||
| Q3 24 | $153.8M | $72.0M | ||
| Q2 24 | $120.8M | $30.0M | ||
| Q1 24 | $111.5M | $3.0M |
| Q4 25 | $118.5M | $-6.0M | ||
| Q3 25 | $171.4M | $51.0M | ||
| Q2 25 | $70.1M | $-68.0M | ||
| Q1 25 | $227.2M | $-6.0M | ||
| Q4 24 | $134.9M | $86.0M | ||
| Q3 24 | $141.8M | $58.0M | ||
| Q2 24 | $118.0M | $17.0M | ||
| Q1 24 | $109.2M | $-13.0M |
| Q4 25 | 13.0% | -0.5% | ||
| Q3 25 | 18.9% | 4.3% | ||
| Q2 25 | 8.1% | -5.9% | ||
| Q1 25 | 24.6% | -0.5% | ||
| Q4 24 | 19.9% | 6.9% | ||
| Q3 24 | 22.3% | 4.8% | ||
| Q2 24 | 16.4% | 1.6% | ||
| Q1 24 | 14.8% | -1.2% |
| Q4 25 | 0.5% | 1.0% | ||
| Q3 25 | 1.7% | 0.9% | ||
| Q2 25 | 1.3% | 1.7% | ||
| Q1 25 | 1.1% | 1.3% | ||
| Q4 24 | 1.3% | 1.1% | ||
| Q3 24 | 1.9% | 1.1% | ||
| Q2 24 | 0.4% | 1.2% | ||
| Q1 24 | 0.3% | 1.4% |
| Q4 25 | 0.94× | — | ||
| Q3 25 | 1.27× | — | ||
| Q2 25 | 0.52× | -0.70× | ||
| Q1 25 | 1.51× | 0.14× | ||
| Q4 24 | 1.25× | 2.00× | ||
| Q3 24 | 1.33× | 0.86× | ||
| Q2 24 | 0.99× | 0.81× | ||
| Q1 24 | 0.54× | 0.06× |
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% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
