vs

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

Virtu Financial, Inc. is the larger business by last-quarter revenue ($1.1B vs $909.4M, roughly 1.2× Nextpower Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 14.4%, a 17.2% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 30.7%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs 11.1%).

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

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

NXT vs VIRT — Head-to-Head

Bigger by revenue
VIRT
VIRT
1.2× larger
VIRT
$1.1B
$909.4M
NXT
Growing faster (revenue YoY)
NXT
NXT
+3.1% gap
NXT
33.9%
30.7%
VIRT
Higher net margin
VIRT
VIRT
17.2% more per $
VIRT
31.6%
14.4%
NXT
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
25.7%
11.1%
NXT

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
NXT
NXT
VIRT
VIRT
Revenue
$909.4M
$1.1B
Net Profit
$131.2M
$346.6M
Gross Margin
31.7%
Operating Margin
19.4%
37.4%
Net Margin
14.4%
31.6%
Revenue YoY
33.9%
30.7%
Net Profit YoY
13.8%
82.8%
EPS (diluted)
$0.85
$1.99

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
VIRT
VIRT
Q1 26
$1.1B
Q4 25
$909.4M
$969.9M
Q3 25
$905.3M
$824.8M
Q2 25
$864.3M
$999.6M
Q1 25
$924.3M
$837.9M
Q4 24
$679.4M
$834.3M
Q3 24
$635.6M
$706.8M
Q2 24
$719.9M
$693.0M
Net Profit
NXT
NXT
VIRT
VIRT
Q1 26
$346.6M
Q4 25
$131.2M
$139.9M
Q3 25
$146.9M
$77.6M
Q2 25
$157.2M
$151.2M
Q1 25
$156.8M
$99.7M
Q4 24
$115.3M
$94.1M
Q3 24
$115.4M
$60.0M
Q2 24
$121.7M
$66.6M
Gross Margin
NXT
NXT
VIRT
VIRT
Q1 26
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%
Operating Margin
NXT
NXT
VIRT
VIRT
Q1 26
37.4%
Q4 25
19.4%
35.4%
Q3 25
20.0%
21.8%
Q2 25
21.5%
34.7%
Q1 25
21.1%
26.7%
Q4 24
22.1%
24.3%
Q3 24
21.0%
20.8%
Q2 24
22.2%
22.4%
Net Margin
NXT
NXT
VIRT
VIRT
Q1 26
31.6%
Q4 25
14.4%
14.4%
Q3 25
16.2%
9.4%
Q2 25
18.2%
15.1%
Q1 25
17.0%
11.9%
Q4 24
17.0%
11.3%
Q3 24
18.2%
8.5%
Q2 24
16.9%
9.6%
EPS (diluted)
NXT
NXT
VIRT
VIRT
Q1 26
$1.99
Q4 25
$0.85
$1.54
Q3 25
$0.97
$0.86
Q2 25
$1.04
$1.65
Q1 25
$1.05
$1.08
Q4 24
$0.79
$1.03
Q3 24
$0.79
$0.64
Q2 24
$0.84
$0.71

Balance Sheet & Financial Strength

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

Metric
NXT
NXT
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$952.6M
$973.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$2.2B
Total Assets
$3.8B
$25.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXT
NXT
VIRT
VIRT
Q1 26
$973.2M
Q4 25
$952.6M
$1.1B
Q3 25
$845.3M
$707.9M
Q2 25
$743.4M
$752.1M
Q1 25
$766.1M
$723.6M
Q4 24
$693.5M
$872.5M
Q3 24
$561.9M
$701.4M
Q2 24
$471.9M
$684.8M
Total Debt
NXT
NXT
VIRT
VIRT
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Stockholders' Equity
NXT
NXT
VIRT
VIRT
Q1 26
$2.2B
Q4 25
$2.2B
$1.6B
Q3 25
$2.0B
$1.5B
Q2 25
$1.8B
$1.4B
Q1 25
$1.6B
$1.3B
Q4 24
$1.4B
$1.3B
Q3 24
$1.3B
$1.2B
Q2 24
$1.1B
$1.2B
Total Assets
NXT
NXT
VIRT
VIRT
Q1 26
$25.1B
Q4 25
$3.8B
$20.2B
Q3 25
$3.7B
$21.3B
Q2 25
$3.4B
$19.3B
Q1 25
$3.2B
$17.5B
Q4 24
$3.0B
$15.4B
Q3 24
$2.8B
$14.4B
Q2 24
$2.6B
$13.9B
Debt / Equity
NXT
NXT
VIRT
VIRT
Q1 26
Q4 25
1.29×
Q3 25
1.40×
Q2 25
1.24×
Q1 25
1.33×
Q4 24
1.39×
Q3 24
1.41×
Q2 24
1.41×

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
VIRT
VIRT
Operating Cash FlowLast quarter
$123.3M
Free Cash FlowOCF − Capex
$118.5M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NXT
NXT
VIRT
VIRT
Q1 26
Q4 25
$123.3M
$518.4M
Q3 25
$186.9M
$-68.7M
Q2 25
$81.3M
$62.8M
Q1 25
$237.3M
$15.0M
Q4 24
$143.8M
$599.0M
Q3 24
$153.8M
$112.1M
Q2 24
$120.8M
$490.8M
Free Cash Flow
NXT
NXT
VIRT
VIRT
Q1 26
Q4 25
$118.5M
$495.6M
Q3 25
$171.4M
$-76.7M
Q2 25
$70.1M
$57.6M
Q1 25
$227.2M
$9.2M
Q4 24
$134.9M
$586.6M
Q3 24
$141.8M
$106.2M
Q2 24
$118.0M
$486.9M
FCF Margin
NXT
NXT
VIRT
VIRT
Q1 26
Q4 25
13.0%
51.1%
Q3 25
18.9%
-9.3%
Q2 25
8.1%
5.8%
Q1 25
24.6%
1.1%
Q4 24
19.9%
70.3%
Q3 24
22.3%
15.0%
Q2 24
16.4%
70.3%
Capex Intensity
NXT
NXT
VIRT
VIRT
Q1 26
Q4 25
0.5%
2.4%
Q3 25
1.7%
1.0%
Q2 25
1.3%
0.5%
Q1 25
1.1%
0.7%
Q4 24
1.3%
1.5%
Q3 24
1.9%
0.8%
Q2 24
0.4%
0.6%
Cash Conversion
NXT
NXT
VIRT
VIRT
Q1 26
Q4 25
0.94×
3.71×
Q3 25
1.27×
-0.89×
Q2 25
0.52×
0.42×
Q1 25
1.51×
0.15×
Q4 24
1.25×
6.37×
Q3 24
1.33×
1.87×
Q2 24
0.99×
7.37×

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%

VIRT
VIRT

Trading income, net$789.1M72%
Commissions, net and technology services$186.6M17%
Other$119.6M11%

Related Comparisons