vs
Side-by-side financial comparison of Nextpower Inc. (NXT) and VIASAT INC (VSAT). Click either name above to swap in a different company.
VIASAT INC is the larger business by last-quarter revenue ($1.2B vs $909.4M, roughly 1.3× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 2.2%, a 12.3% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 3.0%). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 0.3%).
Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.
Viasat, Inc. is an American communications company based in Carlsbad, California, with additional operations across the United States and worldwide. Viasat is a provider of high-speed satellite broadband services and secure networking systems covering military and commercial markets.
NXT vs VSAT — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $909.4M | $1.2B |
| Net Profit | $131.2M | $25.0M |
| Gross Margin | 31.7% | — |
| Operating Margin | 19.4% | 2.3% |
| Net Margin | 14.4% | 2.2% |
| Revenue YoY | 33.9% | 3.0% |
| Net Profit YoY | 13.8% | 115.8% |
| EPS (diluted) | $0.85 | $0.18 |
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 | $1.1B | ||
| Q2 25 | $864.3M | $1.2B | ||
| Q1 25 | $924.3M | $1.1B | ||
| Q4 24 | $679.4M | $1.1B | ||
| Q3 24 | $635.6M | $1.1B | ||
| Q2 24 | $719.9M | $1.1B | ||
| Q1 24 | $736.5M | $1.2B |
| Q4 25 | $131.2M | $25.0M | ||
| Q3 25 | $146.9M | $-61.4M | ||
| Q2 25 | $157.2M | $-56.4M | ||
| Q1 25 | $156.8M | $-246.1M | ||
| Q4 24 | $115.3M | $-158.4M | ||
| Q3 24 | $115.4M | $-137.6M | ||
| Q2 24 | $121.7M | $-32.9M | ||
| Q1 24 | $205.2M | $-100.3M |
| 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% | 2.3% | ||
| Q3 25 | 20.0% | 3.1% | ||
| Q2 25 | 21.5% | 4.0% | ||
| Q1 25 | 21.1% | -13.4% | ||
| Q4 24 | 22.1% | 1.9% | ||
| Q3 24 | 21.0% | -2.2% | ||
| Q2 24 | 22.2% | 5.3% | ||
| Q1 24 | 36.8% | 0.0% |
| Q4 25 | 14.4% | 2.2% | ||
| Q3 25 | 16.2% | -5.4% | ||
| Q2 25 | 18.2% | -4.8% | ||
| Q1 25 | 17.0% | -21.5% | ||
| Q4 24 | 17.0% | -14.1% | ||
| Q3 24 | 18.2% | -12.3% | ||
| Q2 24 | 16.9% | -2.9% | ||
| Q1 24 | 27.9% | -8.7% |
| Q4 25 | $0.85 | $0.18 | ||
| Q3 25 | $0.97 | $-0.45 | ||
| Q2 25 | $1.04 | $-0.43 | ||
| Q1 25 | $1.05 | $-1.92 | ||
| Q4 24 | $0.79 | $-1.23 | ||
| Q3 24 | $0.79 | $-1.07 | ||
| Q2 24 | $0.84 | $-0.26 | ||
| Q1 24 | $1.52 | $-1.14 |
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 | — | $6.2B |
| Stockholders' EquityBook value | $2.2B | $4.6B |
| Total Assets | $3.8B | $14.9B |
| Debt / EquityLower = less leverage | — | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $952.6M | $1.3B | ||
| Q3 25 | $845.3M | $1.2B | ||
| Q2 25 | $743.4M | $1.2B | ||
| Q1 25 | $766.1M | $1.6B | ||
| Q4 24 | $693.5M | $1.6B | ||
| Q3 24 | $561.9M | $3.5B | ||
| Q2 24 | $471.9M | $1.8B | ||
| Q1 24 | $474.1M | $1.9B |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $6.5B | ||
| Q2 25 | — | $6.5B | ||
| Q1 25 | — | $6.5B | ||
| Q4 24 | — | $6.5B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $7.1B | ||
| Q1 24 | — | $7.1B |
| Q4 25 | $2.2B | $4.6B | ||
| Q3 25 | $2.0B | $4.5B | ||
| Q2 25 | $1.8B | $4.6B | ||
| Q1 25 | $1.6B | $4.6B | ||
| Q4 24 | $1.4B | $4.8B | ||
| Q3 24 | $1.3B | $4.9B | ||
| Q2 24 | $1.1B | $5.0B | ||
| Q1 24 | $961.0M | $5.0B |
| Q4 25 | $3.8B | $14.9B | ||
| Q3 25 | $3.7B | $14.8B | ||
| Q2 25 | $3.4B | $14.9B | ||
| Q1 25 | $3.2B | $15.4B | ||
| Q4 24 | $3.0B | $15.6B | ||
| Q3 24 | $2.8B | $17.8B | ||
| Q2 24 | $2.6B | $16.1B | ||
| Q1 24 | $2.5B | $16.3B |
| Q4 25 | — | 1.37× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 1.43× | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | — | 1.30× | ||
| Q2 24 | — | 1.42× | ||
| Q1 24 | — | 1.42× |
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 | $726.9M |
| Free Cash FlowOCF − Capex | $118.5M | — |
| FCF MarginFCF / Revenue | 13.0% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | 0.94× | 29.11× |
| TTM Free Cash FlowTrailing 4 quarters | $587.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.3M | $726.9M | ||
| Q3 25 | $186.9M | $282.2M | ||
| Q2 25 | $81.3M | $258.5M | ||
| Q1 25 | $237.3M | $298.4M | ||
| Q4 24 | $143.8M | $219.5M | ||
| Q3 24 | $153.8M | $239.2M | ||
| Q2 24 | $120.8M | $151.1M | ||
| Q1 24 | $111.5M | $232.0M |
| Q4 25 | $118.5M | — | ||
| Q3 25 | $171.4M | — | ||
| Q2 25 | $70.1M | — | ||
| Q1 25 | $227.2M | — | ||
| Q4 24 | $134.9M | — | ||
| Q3 24 | $141.8M | — | ||
| Q2 24 | $118.0M | — | ||
| Q1 24 | $109.2M | — |
| Q4 25 | 13.0% | — | ||
| Q3 25 | 18.9% | — | ||
| Q2 25 | 8.1% | — | ||
| Q1 25 | 24.6% | — | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 22.3% | — | ||
| Q2 24 | 16.4% | — | ||
| Q1 24 | 14.8% | — |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 0.94× | 29.11× | ||
| Q3 25 | 1.27× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 0.99× | — | ||
| Q1 24 | 0.54× | — |
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% |
VSAT
| Products | $334.2M | 29% |
| Aviation Services | $303.7M | 26% |
| Government Satcom Services | $202.4M | 17% |
| Maritime Services | $114.9M | 10% |
| Information Security And Cyber Defense Products | $97.0M | 8% |
| Tactical Networking Products | $93.9M | 8% |
| Navarino Uk And Jsat Mobile | $15.5M | 1% |
| Advanced Technologies And Other Products | $6.1M | 1% |
