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Side-by-side financial comparison of Aebi Schmidt Holding AG (AEBI) and VNET Group, Inc. (VNET). Click either name above to swap in a different company.

Aebi Schmidt Holding AG is the larger business by last-quarter revenue ($528.4M vs $362.7M, roughly 1.5× VNET Group, Inc.). Aebi Schmidt Holding AG runs the higher net margin — 1.7% vs -10.7%, a 12.3% gap on every dollar of revenue. Aebi Schmidt Holding AG produced more free cash flow last quarter ($29.7M vs $-193.1M).

Aebi Schmidt Group is a Swiss multinational company that manufactures agricultural machinery, heavy equipment as well as municipal equipment. The company's products include transporters, Implement carriers, road sweepers, tractors, and mowers to be used in municipal maintenance of roads.

VNET Group, Inc. is a leading neutral internet data center service provider operating primarily in China. It offers cloud computing infrastructure, colocation services, managed network solutions, and hybrid cloud support to enterprise clients across technology, finance, and retail sectors, enabling stable, high-performance digital operation foundations for domestic and global businesses expanding in the Chinese market.

AEBI vs VNET — Head-to-Head

Bigger by revenue
AEBI
AEBI
1.5× larger
AEBI
$528.4M
$362.7M
VNET
Higher net margin
AEBI
AEBI
12.3% more per $
AEBI
1.7%
-10.7%
VNET
More free cash flow
AEBI
AEBI
$222.8M more FCF
AEBI
$29.7M
$-193.1M
VNET

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AEBI
AEBI
VNET
VNET
Revenue
$528.4M
$362.7M
Net Profit
$8.8M
$-38.7M
Gross Margin
18.9%
20.9%
Operating Margin
5.2%
0.5%
Net Margin
1.7%
-10.7%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-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.

Revenue
AEBI
AEBI
VNET
VNET
Q4 25
$528.4M
Q3 25
$471.3M
$362.7M
Q2 25
$277.7M
Q1 25
$249.2M
$309.5M
Q3 24
$302.2M
Q2 24
$274.4M
Q1 24
$262.9M
Q3 23
$258.6M
Net Profit
AEBI
AEBI
VNET
VNET
Q4 25
$8.8M
Q3 25
$1.2M
$-38.7M
Q2 25
$-2.3M
Q1 25
$2.1M
$-2.4M
Q3 24
$-2.1M
Q2 24
$-1.1M
Q1 24
$-22.0M
Q3 23
$-5.5M
Gross Margin
AEBI
AEBI
VNET
VNET
Q4 25
18.9%
Q3 25
20.0%
20.9%
Q2 25
20.5%
Q1 25
21.4%
25.2%
Q3 24
23.2%
Q2 24
21.3%
Q1 24
21.6%
Q3 23
16.2%
Operating Margin
AEBI
AEBI
VNET
VNET
Q4 25
5.2%
Q3 25
3.7%
0.5%
Q2 25
5.0%
Q1 25
5.8%
0.1%
Q3 24
24.5%
Q2 24
0.2%
Q1 24
0.2%
Q3 23
1.7%
Net Margin
AEBI
AEBI
VNET
VNET
Q4 25
1.7%
Q3 25
0.3%
-10.7%
Q2 25
-0.8%
Q1 25
0.8%
-0.8%
Q3 24
-0.7%
Q2 24
-0.4%
Q1 24
-8.4%
Q3 23
-2.1%
EPS (diluted)
AEBI
AEBI
VNET
VNET
Q4 25
$-0.18
Q3 25
$0.02
Q2 25
$-0.06
Q1 25
$0.39
Q3 24
Q2 24
Q1 24
Q3 23

Balance Sheet & Financial Strength

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

Metric
AEBI
AEBI
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$98.5M
$492.1M
Total DebtLower is stronger
$595.0M
Stockholders' EquityBook value
$814.9M
$890.8M
Total Assets
$2.0B
$6.1B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEBI
AEBI
VNET
VNET
Q4 25
$98.5M
Q3 25
$126.0M
$492.1M
Q2 25
$63.6M
Q1 25
$47.8M
$544.3M
Q3 24
$219.5M
Q2 24
$247.2M
Q1 24
$246.9M
Q3 23
$370.4M
Total Debt
AEBI
AEBI
VNET
VNET
Q4 25
$595.0M
Q3 25
$628.4M
Q2 25
$441.0M
Q1 25
$402.4M
Q3 24
$1.2B
Q2 24
Q1 24
Q3 23
Stockholders' Equity
AEBI
AEBI
VNET
VNET
Q4 25
$814.9M
Q3 25
$812.2M
$890.8M
Q2 25
$359.1M
Q1 25
$371.3M
$927.8M
Q3 24
$902.9M
Q2 24
$900.6M
Q1 24
$895.1M
Q3 23
$942.7M
Total Assets
AEBI
AEBI
VNET
VNET
Q4 25
$2.0B
Q3 25
$2.1B
$6.1B
Q2 25
$1.2B
Q1 25
$1.1B
$5.4B
Q3 24
$4.3B
Q2 24
$4.0B
Q1 24
$3.9B
Q3 23
$4.1B
Debt / Equity
AEBI
AEBI
VNET
VNET
Q4 25
0.73×
Q3 25
0.77×
Q2 25
1.23×
Q1 25
1.08×
Q3 24
1.28×
Q2 24
Q1 24
Q3 23

Cash Flow & Capital Efficiency

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

Metric
AEBI
AEBI
VNET
VNET
Operating Cash FlowLast quarter
$33.5M
$113.8M
Free Cash FlowOCF − Capex
$29.7M
$-193.1M
FCF MarginFCF / Revenue
5.6%
-53.2%
Capex IntensityCapex / Revenue
0.7%
84.6%
Cash ConversionOCF / Net Profit
3.82×
TTM Free Cash FlowTrailing 4 quarters
$-5.2M
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEBI
AEBI
VNET
VNET
Q4 25
$33.5M
Q3 25
$-3.3M
$113.8M
Q2 25
$5.3M
Q1 25
$-26.6M
$27.0M
Q3 24
$108.3M
Q2 24
$55.8M
Q1 24
$37.1M
Q3 23
$62.3M
Free Cash Flow
AEBI
AEBI
VNET
VNET
Q4 25
$29.7M
Q3 25
$-8.6M
$-193.1M
Q2 25
$3.3M
Q1 25
$-29.7M
$-220.0M
Q3 24
$-95.0M
Q2 24
$-81.6M
Q1 24
$-102.2M
Q3 23
$-67.5M
FCF Margin
AEBI
AEBI
VNET
VNET
Q4 25
5.6%
Q3 25
-1.8%
-53.2%
Q2 25
1.2%
Q1 25
-11.9%
-71.1%
Q3 24
-31.4%
Q2 24
-29.8%
Q1 24
-38.9%
Q3 23
-26.1%
Capex Intensity
AEBI
AEBI
VNET
VNET
Q4 25
0.7%
Q3 25
1.1%
84.6%
Q2 25
0.7%
Q1 25
1.2%
79.8%
Q3 24
67.3%
Q2 24
50.1%
Q1 24
53.0%
Q3 23
50.2%
Cash Conversion
AEBI
AEBI
VNET
VNET
Q4 25
3.82×
Q3 25
-2.77×
Q2 25
Q1 25
-12.80×
Q3 24
Q2 24
Q1 24
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

AEBI
AEBI

Transferred At Point In Time$281.5M53%
Transferred Over Time$246.9M47%

VNET
VNET

Segment breakdown not available.

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