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Side-by-side financial comparison of Nayax Ltd. (NYAX) and PETMED EXPRESS INC (PETS). Click either name above to swap in a different company.

Nayax Ltd. is the larger business by last-quarter revenue ($78.1M vs $40.7M, roughly 1.9× PETMED EXPRESS INC). Nayax Ltd. runs the higher net margin — -3.9% vs -26.0%, a 22.1% gap on every dollar of revenue. On growth, Nayax Ltd. posted the faster year-over-year revenue change (39.0% vs -23.3%).

Nayax Ltd. is a global fintech company that offers cashless, telemetry, management, monitoring, and business intelligence (BI) products and services for the vending, unattended, and other retail industries.

PetMed Express, Inc., also known as PetMeds, is an online pet pharmacy based in the United States. It is publicly traded and sells prescription and non-prescription pet medication.

NYAX vs PETS — Head-to-Head

Bigger by revenue
NYAX
NYAX
1.9× larger
NYAX
$78.1M
$40.7M
PETS
Growing faster (revenue YoY)
NYAX
NYAX
+62.3% gap
NYAX
39.0%
-23.3%
PETS
Higher net margin
NYAX
NYAX
22.1% more per $
NYAX
-3.9%
-26.0%
PETS

Income Statement — Q2 FY2024 vs Q3 FY2026

Metric
NYAX
NYAX
PETS
PETS
Revenue
$78.1M
$40.7M
Net Profit
$-3.0M
$-10.6M
Gross Margin
44.3%
23.3%
Operating Margin
1.2%
-25.7%
Net Margin
-3.9%
-26.0%
Revenue YoY
39.0%
-23.3%
Net Profit YoY
24.2%
-1392.6%
EPS (diluted)
$-0.08
$-0.50

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
NYAX
NYAX
PETS
PETS
Q4 25
$40.7M
Q3 25
$44.4M
Q2 25
$51.2M
Q1 25
$50.8M
Q4 24
$52.0M
Q3 24
$58.0M
Q2 24
$78.1M
$66.2M
Q1 24
$65.1M
Net Profit
NYAX
NYAX
PETS
PETS
Q4 25
$-10.6M
Q3 25
$-8.5M
Q2 25
$-34.2M
Q1 25
$-11.6M
Q4 24
$-707.0K
Q3 24
$2.3M
Q2 24
$-3.0M
$3.8M
Q1 24
$-5.0M
Gross Margin
NYAX
NYAX
PETS
PETS
Q4 25
23.3%
Q3 25
28.0%
Q2 25
28.1%
Q1 25
29.9%
Q4 24
31.0%
Q3 24
32.3%
Q2 24
44.3%
28.8%
Q1 24
29.3%
Operating Margin
NYAX
NYAX
PETS
PETS
Q4 25
-25.7%
Q3 25
-18.9%
Q2 25
-66.7%
Q1 25
-11.9%
Q4 24
-0.9%
Q3 24
1.0%
Q2 24
1.2%
6.6%
Q1 24
-5.9%
Net Margin
NYAX
NYAX
PETS
PETS
Q4 25
-26.0%
Q3 25
-19.2%
Q2 25
-66.7%
Q1 25
-22.9%
Q4 24
-1.4%
Q3 24
4.0%
Q2 24
-3.9%
5.7%
Q1 24
-7.7%
EPS (diluted)
NYAX
NYAX
PETS
PETS
Q4 25
$-0.50
Q3 25
$-0.41
Q2 25
$-1.65
Q1 25
$-0.56
Q4 24
$-0.03
Q3 24
$0.11
Q2 24
$-0.08
$0.18
Q1 24
$-0.24

Balance Sheet & Financial Strength

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

Metric
NYAX
NYAX
PETS
PETS
Cash + ST InvestmentsLiquidity on hand
$61.9M
$26.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$158.7M
$32.8M
Total Assets
$434.7M
$88.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NYAX
NYAX
PETS
PETS
Q4 25
$26.9M
Q3 25
$36.1M
Q2 25
$41.1M
Q1 25
$54.7M
Q4 24
$50.1M
Q3 24
$52.0M
Q2 24
$61.9M
$46.0M
Q1 24
$55.3M
Stockholders' Equity
NYAX
NYAX
PETS
PETS
Q4 25
$32.8M
Q3 25
$43.1M
Q2 25
$51.5M
Q1 25
$85.1M
Q4 24
$96.2M
Q3 24
$96.4M
Q2 24
$158.7M
$93.5M
Q1 24
$96.7M
Total Assets
NYAX
NYAX
PETS
PETS
Q4 25
$88.0M
Q3 25
$100.3M
Q2 25
$109.8M
Q1 25
$148.7M
Q4 24
$144.8M
Q3 24
$146.0M
Q2 24
$434.7M
$152.7M
Q1 24
$169.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NYAX
NYAX
PETS
PETS
Operating Cash FlowLast quarter
$9.2M
$-9.2M
Free Cash FlowOCF − Capex
$-9.2M
FCF MarginFCF / Revenue
-22.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NYAX
NYAX
PETS
PETS
Q4 25
$-9.2M
Q3 25
$-2.2M
Q2 25
$-12.3M
Q1 25
$7.0M
Q4 24
$-1.2M
Q3 24
$7.4M
Q2 24
$9.2M
$-8.5M
Q1 24
$7.1M
Free Cash Flow
NYAX
NYAX
PETS
PETS
Q4 25
$-9.2M
Q3 25
$-4.8M
Q2 25
$-13.6M
Q1 25
$4.6M
Q4 24
$-1.9M
Q3 24
$6.1M
Q2 24
$-9.2M
Q1 24
$5.9M
FCF Margin
NYAX
NYAX
PETS
PETS
Q4 25
-22.7%
Q3 25
-10.8%
Q2 25
-26.5%
Q1 25
9.1%
Q4 24
-3.7%
Q3 24
10.6%
Q2 24
-13.9%
Q1 24
9.0%
Capex Intensity
NYAX
NYAX
PETS
PETS
Q4 25
0.1%
Q3 25
5.9%
Q2 25
2.5%
Q1 25
4.7%
Q4 24
1.5%
Q3 24
2.2%
Q2 24
1.0%
Q1 24
1.9%
Cash Conversion
NYAX
NYAX
PETS
PETS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
3.18×
Q2 24
-2.27×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NYAX
NYAX

Segment breakdown not available.

PETS
PETS

Reorder$34.0M84%
New Order$5.0M12%
Membership Fees$1.6M4%

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