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Side-by-side financial comparison of Nayax Ltd. (NYAX) and WisdomTree, Inc. (WT). Click either name above to swap in a different company.

WisdomTree, Inc. is the larger business by last-quarter revenue ($159.5M vs $78.1M, roughly 2.0× Nayax Ltd.). WisdomTree, Inc. runs the higher net margin — 25.5% vs -3.9%, a 29.3% gap on every dollar of revenue. On growth, WisdomTree, Inc. posted the faster year-over-year revenue change (47.5% vs 39.0%).

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.

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

NYAX vs WT — Head-to-Head

Bigger by revenue
WT
WT
2.0× larger
WT
$159.5M
$78.1M
NYAX
Growing faster (revenue YoY)
WT
WT
+8.5% gap
WT
47.5%
39.0%
NYAX
Higher net margin
WT
WT
29.3% more per $
WT
25.5%
-3.9%
NYAX

Income Statement — Q2 FY2024 vs Q1 FY2026

Metric
NYAX
NYAX
WT
WT
Revenue
$78.1M
$159.5M
Net Profit
$-3.0M
$40.6M
Gross Margin
44.3%
Operating Margin
1.2%
37.2%
Net Margin
-3.9%
25.5%
Revenue YoY
39.0%
47.5%
Net Profit YoY
24.2%
76.4%
EPS (diluted)
$-0.08
$0.28

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
WT
WT
Q1 26
$159.5M
Q4 25
$147.4M
Q3 25
$125.6M
Q2 25
$112.6M
Q1 25
$108.1M
Q4 24
$110.7M
Q3 24
$113.2M
Q2 24
$78.1M
$107.0M
Net Profit
NYAX
NYAX
WT
WT
Q1 26
$40.6M
Q4 25
$40.0M
Q3 25
$19.7M
Q2 25
$24.8M
Q1 25
$24.6M
Q4 24
$27.3M
Q3 24
$-4.5M
Q2 24
$-3.0M
$21.8M
Gross Margin
NYAX
NYAX
WT
WT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
44.3%
Operating Margin
NYAX
NYAX
WT
WT
Q1 26
37.2%
Q4 25
40.5%
Q3 25
36.3%
Q2 25
30.8%
Q1 25
31.6%
Q4 24
31.7%
Q3 24
36.0%
Q2 24
1.2%
31.3%
Net Margin
NYAX
NYAX
WT
WT
Q1 26
25.5%
Q4 25
27.1%
Q3 25
15.7%
Q2 25
22.0%
Q1 25
22.8%
Q4 24
24.7%
Q3 24
-4.0%
Q2 24
-3.9%
20.3%
EPS (diluted)
NYAX
NYAX
WT
WT
Q1 26
$0.28
Q4 25
$0.28
Q3 25
$0.13
Q2 25
$0.17
Q1 25
$0.17
Q4 24
$0.20
Q3 24
$-0.13
Q2 24
$-0.08
$0.13

Balance Sheet & Financial Strength

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

Metric
NYAX
NYAX
WT
WT
Cash + ST InvestmentsLiquidity on hand
$61.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$158.7M
Total Assets
$434.7M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NYAX
NYAX
WT
WT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$61.9M
$132.5M
Stockholders' Equity
NYAX
NYAX
WT
WT
Q1 26
Q4 25
$413.7M
Q3 25
$373.4M
Q2 25
$445.1M
Q1 25
$415.6M
Q4 24
$400.0M
Q3 24
$374.9M
Q2 24
$158.7M
$445.6M
Total Assets
NYAX
NYAX
WT
WT
Q1 26
$1.8B
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$434.7M
$964.1M

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
WT
WT
Operating Cash FlowLast quarter
$9.2M
$18.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.44×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NYAX
NYAX
WT
WT
Q1 26
$18.0M
Q4 25
$147.9M
Q3 25
$48.1M
Q2 25
$38.8M
Q1 25
$6.4M
Q4 24
$113.5M
Q3 24
$47.7M
Q2 24
$9.2M
$32.2M
Free Cash Flow
NYAX
NYAX
WT
WT
Q1 26
Q4 25
$147.7M
Q3 25
$48.0M
Q2 25
$38.7M
Q1 25
$6.3M
Q4 24
$113.3M
Q3 24
$47.7M
Q2 24
$32.2M
FCF Margin
NYAX
NYAX
WT
WT
Q1 26
Q4 25
100.2%
Q3 25
38.2%
Q2 25
34.4%
Q1 25
5.9%
Q4 24
102.4%
Q3 24
42.1%
Q2 24
30.1%
Capex Intensity
NYAX
NYAX
WT
WT
Q1 26
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
NYAX
NYAX
WT
WT
Q1 26
0.44×
Q4 25
3.70×
Q3 25
2.44×
Q2 25
1.57×
Q1 25
0.26×
Q4 24
4.15×
Q3 24
Q2 24
1.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NYAX
NYAX

Segment breakdown not available.

WT
WT

Advisory fees$134.9M85%
Other$6.1M4%
Third-party distribution fees$5.8M4%
Management fees$5.2M3%
Sales and business development$4.2M3%
Professional fees$3.3M2%

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