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Huadi International vs NWPX Infrastructure: revenue, profit, margins and growth compared

Huadi International brought in $62.9M of revenue in fiscal 2025, NWPX Infrastructure $526M in fiscal 2025. Revenue changed by -15.3% at Huadi International and +6.8% at NWPX Infrastructure on the year before, so NWPX Infrastructure grew faster. Huadi International kept -2.2% of its revenue as net profit, NWPX Infrastructure 6.7%. Free cash flow was -$9.9M at Huadi International and $47.1M at NWPX Infrastructure.

Side by side, latest fiscal year

HUDINWPX
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$62.9M$526M
Revenue growth-15.3%+6.8%
Net income-$1.4M$35.4M
Net margin-2.2%6.7%
Free cash flow-$9.9M$47.1M
Free cash flow margin-15.8%9.0%
Earnings per share (diluted)-$0.10$3.56
Cash$6.5M$2.3M
Debt$8.1M$11.5M
Price to earningsn/a28.9
Market value$10.4M$991M
Dividend yieldn/an/a
Rank by revenue in sector#408 of 518 · Industrials#317 of 518 · Industrials

Over the years

Revenue
HUDI FY2020: $1.4MHUDI FY2021: $3.2MHUDI FY2022: $76.4MHUDI FY2023: $84.3MHUDI FY2024: $74.3MHUDI FY2025: $62.9MNWPX FY2018: $172.1MNWPX FY2019: $279.3MNWPX FY2020: $285.9MNWPX FY2021: $333.3MNWPX FY2022: $457.7MNWPX FY2023: $444.4MNWPX FY2024: $492.5MNWPX FY2025: $526MFY18FY19FY20FY21FY22FY23FY24FY25
HUDI $62.9MNWPX $526M
Net income
HUDI FY2018: $5.2MHUDI FY2020: $5.4MHUDI FY2020: $3.4MHUDI FY2021: $2.5MHUDI FY2022: $1.9MHUDI FY2023: $3.3MHUDI FY2024: $137.4KHUDI FY2025: -$1.4MNWPX FY2018: $20.3MNWPX FY2019: $27.9MNWPX FY2020: $19.1MNWPX FY2021: $11.5MNWPX FY2022: $31.1MNWPX FY2023: $21.1MNWPX FY2024: $34.2MNWPX FY2025: $35.4MFY18FY19FY20FY21FY22FY23FY24FY25
HUDI -$1.4MNWPX $35.4M
Net margin
HUDI FY2020: 245.0%HUDI FY2021: 78.1%HUDI FY2022: 2.5%HUDI FY2023: 3.9%HUDI FY2024: 0.2%HUDI FY2025: -2.2%NWPX FY2018: 11.8%NWPX FY2019: 10.0%NWPX FY2020: 6.7%NWPX FY2021: 3.5%NWPX FY2022: 6.8%NWPX FY2023: 4.7%NWPX FY2024: 6.9%NWPX FY2025: 6.7%FY18FY19FY20FY21FY22FY23FY24FY25
HUDI -2.2%NWPX 6.7%
Revenue growth
HUDI FY2021: +136.5%HUDI FY2022: +2,257.0%HUDI FY2023: +10.4%HUDI FY2024: -11.9%HUDI FY2025: -15.3%NWPX FY2019: +62.3%NWPX FY2020: +2.4%NWPX FY2021: +16.6%NWPX FY2022: +37.3%NWPX FY2023: -2.9%NWPX FY2024: +10.8%NWPX FY2025: +6.8%FY19FY20FY21FY22FY23FY24FY25
HUDI -15.3%NWPX +6.8%
Free cash flow
HUDI FY2018: $682KHUDI FY2020: $1.4MHUDI FY2020: $2.5MHUDI FY2021: -$6.6MHUDI FY2022: $7.8MHUDI FY2023: -$2.6MHUDI FY2024: $12.7MHUDI FY2025: -$9.9MNWPX FY2018: -$22.2MNWPX FY2019: $34.3MNWPX FY2020: $42.1MNWPX FY2021: -$19.1MNWPX FY2022: -$5.3MNWPX FY2023: $35.2MNWPX FY2024: $34.3MNWPX FY2025: $47.1MFY18FY19FY20FY21FY22FY23FY24FY25
HUDI -$9.9MNWPX $47.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Huadi International and NWPX Infrastructure

Which is bigger by revenue, Huadi International or NWPX Infrastructure?

NWPX Infrastructure is bigger by revenue: $526M in fiscal 2025, against $62.9M for Huadi International in fiscal 2025.

Which keeps more of its revenue as profit, Huadi International or NWPX Infrastructure?

Huadi International had a net margin of -2.2% in fiscal 2025; NWPX Infrastructure had 6.7% in fiscal 2025.

Which grew revenue faster, Huadi International or NWPX Infrastructure?

In their latest fiscal years revenue changed by -15.3% at Huadi International and +6.8% at NWPX Infrastructure.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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