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

Veralto is the larger business by last-quarter revenue ($1.4B vs $909.4M, roughly 1.6× Nextpower Inc.). Veralto runs the higher net margin — 17.9% vs 14.4%, a 3.4% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 6.8%). Veralto produced more free cash flow last quarter ($170.0M vs $118.5M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 6.8%).

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

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

NXT vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.6× larger
VLTO
$1.4B
$909.4M
NXT
Growing faster (revenue YoY)
NXT
NXT
+27.1% gap
NXT
33.9%
6.8%
VLTO
Higher net margin
VLTO
VLTO
3.4% more per $
VLTO
17.9%
14.4%
NXT
More free cash flow
VLTO
VLTO
$51.5M more FCF
VLTO
$170.0M
$118.5M
NXT
Faster 2-yr revenue CAGR
NXT
NXT
Annualised
NXT
11.1%
6.8%
VLTO

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
NXT
NXT
VLTO
VLTO
Revenue
$909.4M
$1.4B
Net Profit
$131.2M
$254.0M
Gross Margin
31.7%
60.1%
Operating Margin
19.4%
23.8%
Net Margin
14.4%
17.9%
Revenue YoY
33.9%
6.8%
Net Profit YoY
13.8%
12.9%
EPS (diluted)
$0.85
$1.02

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
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$909.4M
$1.4B
Q3 25
$905.3M
$1.4B
Q2 25
$864.3M
$1.3B
Q1 25
$924.3M
Q4 24
$679.4M
$1.3B
Q3 24
$635.6M
$1.3B
Q2 24
$719.9M
$1.3B
Net Profit
NXT
NXT
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$131.2M
$239.0M
Q3 25
$146.9M
$222.0M
Q2 25
$157.2M
$225.0M
Q1 25
$156.8M
Q4 24
$115.3M
$227.0M
Q3 24
$115.4M
$219.0M
Q2 24
$121.7M
$203.0M
Gross Margin
NXT
NXT
VLTO
VLTO
Q1 26
60.1%
Q4 25
31.7%
60.1%
Q3 25
32.4%
60.0%
Q2 25
32.6%
60.4%
Q1 25
33.1%
Q4 24
35.5%
59.6%
Q3 24
35.4%
59.6%
Q2 24
33.0%
60.1%
Operating Margin
NXT
NXT
VLTO
VLTO
Q1 26
23.8%
Q4 25
19.4%
23.2%
Q3 25
20.0%
22.8%
Q2 25
21.5%
24.2%
Q1 25
21.1%
Q4 24
22.1%
22.9%
Q3 24
21.0%
23.4%
Q2 24
22.2%
23.2%
Net Margin
NXT
NXT
VLTO
VLTO
Q1 26
17.9%
Q4 25
14.4%
17.0%
Q3 25
16.2%
16.2%
Q2 25
18.2%
16.9%
Q1 25
17.0%
Q4 24
17.0%
16.9%
Q3 24
18.2%
16.7%
Q2 24
16.9%
15.8%
EPS (diluted)
NXT
NXT
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.85
$0.95
Q3 25
$0.97
$0.89
Q2 25
$1.04
$0.90
Q1 25
$1.05
Q4 24
$0.79
$0.91
Q3 24
$0.79
$0.88
Q2 24
$0.84
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXT
NXT
VLTO
VLTO
Q1 26
Q4 25
$952.6M
$1.8B
Q3 25
$845.3M
$1.6B
Q2 25
$743.4M
$1.2B
Q1 25
$766.1M
Q4 24
$693.5M
$1.1B
Q3 24
$561.9M
$1.3B
Q2 24
$471.9M
$1.0B
Total Debt
NXT
NXT
VLTO
VLTO
Q1 26
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
Stockholders' Equity
NXT
NXT
VLTO
VLTO
Q1 26
Q4 25
$2.2B
$2.8B
Q3 25
$2.0B
$2.7B
Q2 25
$1.8B
$2.3B
Q1 25
$1.6B
Q4 24
$1.4B
$2.0B
Q3 24
$1.3B
$2.0B
Q2 24
$1.1B
$1.7B
Total Assets
NXT
NXT
VLTO
VLTO
Q1 26
Q4 25
$3.8B
$7.4B
Q3 25
$3.7B
$7.2B
Q2 25
$3.4B
$6.6B
Q1 25
$3.2B
Q4 24
$3.0B
$6.4B
Q3 24
$2.8B
$6.3B
Q2 24
$2.6B
$5.9B
Debt / Equity
NXT
NXT
VLTO
VLTO
Q1 26
Q4 25
0.94×
Q3 25
1.01×
Q2 25
1.14×
Q1 25
Q4 24
1.28×
Q3 24
1.35×
Q2 24
1.57×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$123.3M
$182.0M
Free Cash FlowOCF − Capex
$118.5M
$170.0M
FCF MarginFCF / Revenue
13.0%
12.0%
Capex IntensityCapex / Revenue
0.5%
0.8%
Cash ConversionOCF / Net Profit
0.94×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$587.3M
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NXT
NXT
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$123.3M
$270.0M
Q3 25
$186.9M
$339.0M
Q2 25
$81.3M
$157.0M
Q1 25
$237.3M
Q4 24
$143.8M
$285.0M
Q3 24
$153.8M
$224.0M
Q2 24
$120.8M
$251.0M
Free Cash Flow
NXT
NXT
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$118.5M
$258.0M
Q3 25
$171.4M
$323.0M
Q2 25
$70.1M
$142.0M
Q1 25
$227.2M
Q4 24
$134.9M
$263.0M
Q3 24
$141.8M
$215.0M
Q2 24
$118.0M
$240.0M
FCF Margin
NXT
NXT
VLTO
VLTO
Q1 26
12.0%
Q4 25
13.0%
18.4%
Q3 25
18.9%
23.6%
Q2 25
8.1%
10.7%
Q1 25
24.6%
Q4 24
19.9%
19.6%
Q3 24
22.3%
16.4%
Q2 24
16.4%
18.6%
Capex Intensity
NXT
NXT
VLTO
VLTO
Q1 26
0.8%
Q4 25
0.5%
0.9%
Q3 25
1.7%
1.2%
Q2 25
1.3%
1.1%
Q1 25
1.1%
Q4 24
1.3%
1.6%
Q3 24
1.9%
0.7%
Q2 24
0.4%
0.9%
Cash Conversion
NXT
NXT
VLTO
VLTO
Q1 26
0.72×
Q4 25
0.94×
1.13×
Q3 25
1.27×
1.53×
Q2 25
0.52×
0.70×
Q1 25
1.51×
Q4 24
1.25×
1.26×
Q3 24
1.33×
1.02×
Q2 24
0.99×
1.24×

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%

VLTO
VLTO

Segment breakdown not available.

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