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Side-by-side financial comparison of Autohome Inc. (ATHM) and VSE CORP (VSEC). Click either name above to swap in a different company.

VSE CORP is the larger business by last-quarter revenue ($324.6M vs $249.8M, roughly 1.3× Autohome Inc.). Autohome Inc. runs the higher net margin — 23.8% vs 9.0%, a 14.8% gap on every dollar of revenue. Over the past eight quarters, VSE CORP's revenue compounded faster (10.5% CAGR vs -0.6%).

Autohome Inc. is a leading online destination for automobile consumers in China. Through its websites and mobile apps, it provides professionally produced content, user-generated content, comprehensive vehicle listings, and a suite of services for dealers, automakers, and car buyers, including new and used car listings, financing, insurance, and online transactions.

VSE Corporation is a leading provider of aftermarket distribution and repair services. Operating through its two key segments, VSE significantly enhances the productivity and longevity of its customers' high-value, business-critical assets. The aviation segment is a leading provider of aftermarket parts distribution and maintenance, repair, and overhaul (MRO) services for components and engine accessories to commercial, business, and general aviation operators. The fleet segment specializes i...

ATHM vs VSEC — Head-to-Head

Bigger by revenue
VSEC
VSEC
1.3× larger
VSEC
$324.6M
$249.8M
ATHM
Higher net margin
ATHM
ATHM
14.8% more per $
ATHM
23.8%
9.0%
VSEC
Faster 2-yr revenue CAGR
VSEC
VSEC
Annualised
VSEC
10.5%
-0.6%
ATHM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ATHM
ATHM
VSEC
VSEC
Revenue
$249.8M
$324.6M
Net Profit
$59.4M
$29.1M
Gross Margin
63.7%
Operating Margin
8.3%
10.1%
Net Margin
23.8%
9.0%
Revenue YoY
26.8%
Net Profit YoY
EPS (diluted)

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
ATHM
ATHM
VSEC
VSEC
Q1 26
$324.6M
Q4 25
$301.2M
Q3 25
$249.8M
$282.9M
Q2 25
$245.4M
$272.1M
Q1 25
$244.3M
$256.0M
Q4 24
$299.0M
Q3 24
$252.9M
$273.6M
Q2 24
$257.7M
$266.0M
Net Profit
ATHM
ATHM
VSEC
VSEC
Q1 26
$29.1M
Q4 25
$13.6M
Q3 25
$59.4M
$3.9M
Q2 25
$56.0M
$3.2M
Q1 25
$-9.0M
Q4 24
$13.1M
Q3 24
$61.0M
$11.7M
Q2 24
$69.3M
$-2.8M
Gross Margin
ATHM
ATHM
VSEC
VSEC
Q1 26
Q4 25
Q3 25
63.7%
Q2 25
71.4%
Q1 25
Q4 24
Q3 24
77.0%
Q2 24
81.5%
Operating Margin
ATHM
ATHM
VSEC
VSEC
Q1 26
10.1%
Q4 25
10.8%
Q3 25
8.3%
3.6%
Q2 25
16.9%
8.3%
Q1 25
13.0%
9.6%
Q4 24
9.2%
Q3 24
4.7%
8.7%
Q2 24
22.0%
2.3%
Net Margin
ATHM
ATHM
VSEC
VSEC
Q1 26
9.0%
Q4 25
4.5%
Q3 25
23.8%
1.4%
Q2 25
22.8%
1.2%
Q1 25
-3.5%
Q4 24
4.4%
Q3 24
24.1%
4.3%
Q2 24
26.9%
-1.0%
EPS (diluted)
ATHM
ATHM
VSEC
VSEC
Q1 26
Q4 25
$0.64
Q3 25
$0.19
Q2 25
$0.16
Q1 25
$-0.44
Q4 24
$0.79
Q3 24
$0.63
Q2 24
$-0.16

Balance Sheet & Financial Strength

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

Metric
ATHM
ATHM
VSEC
VSEC
Cash + ST InvestmentsLiquidity on hand
$-1.2B
Total DebtLower is stronger
$361.0M
Stockholders' EquityBook value
$2.7B
Total Assets
$3.3B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATHM
ATHM
VSEC
VSEC
Q1 26
$-1.2B
Q4 25
$69.4M
Q3 25
$8.8M
Q2 25
$16.9M
Q1 25
$5.7M
Q4 24
$29.0M
Q3 24
$7.9M
Q2 24
$19.0M
Total Debt
ATHM
ATHM
VSEC
VSEC
Q1 26
$361.0M
Q4 25
$292.8M
Q3 25
$356.1M
Q2 25
$379.2M
Q1 25
$465.0M
Q4 24
$430.2M
Q3 24
$450.3M
Q2 24
$463.5M
Stockholders' Equity
ATHM
ATHM
VSEC
VSEC
Q1 26
$2.7B
Q4 25
$1.4B
Q3 25
$983.3M
Q2 25
$979.5M
Q1 25
$975.7M
Q4 24
$988.2M
Q3 24
$787.8M
Q2 24
$781.3M
Total Assets
ATHM
ATHM
VSEC
VSEC
Q1 26
$3.3B
Q4 25
$2.0B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.5B
Q2 24
$1.5B
Debt / Equity
ATHM
ATHM
VSEC
VSEC
Q1 26
0.14×
Q4 25
0.20×
Q3 25
0.36×
Q2 25
0.39×
Q1 25
0.48×
Q4 24
0.44×
Q3 24
0.57×
Q2 24
0.59×

Cash Flow & Capital Efficiency

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

Metric
ATHM
ATHM
VSEC
VSEC
Operating Cash FlowLast quarter
$-62.3M
Free Cash FlowOCF − Capex
$-68.7M
FCF MarginFCF / Revenue
-21.2%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
-2.14×
TTM Free Cash FlowTrailing 4 quarters
$-13.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATHM
ATHM
VSEC
VSEC
Q1 26
$-62.3M
Q4 25
$37.6M
Q3 25
$24.1M
Q2 25
$11.9M
Q1 25
$-46.6M
Q4 24
$55.4M
Q3 24
$10.2M
Q2 24
$-17.5M
Free Cash Flow
ATHM
ATHM
VSEC
VSEC
Q1 26
$-68.7M
Q4 25
$30.9M
Q3 25
$18.0M
Q2 25
$6.3M
Q1 25
$-49.5M
Q4 24
$52.1M
Q3 24
$4.4M
Q2 24
$-21.5M
FCF Margin
ATHM
ATHM
VSEC
VSEC
Q1 26
-21.2%
Q4 25
10.3%
Q3 25
6.4%
Q2 25
2.3%
Q1 25
-19.3%
Q4 24
17.4%
Q3 24
1.6%
Q2 24
-8.1%
Capex Intensity
ATHM
ATHM
VSEC
VSEC
Q1 26
2.0%
Q4 25
2.2%
Q3 25
2.1%
Q2 25
2.1%
Q1 25
1.1%
Q4 24
1.1%
Q3 24
2.1%
Q2 24
1.5%
Cash Conversion
ATHM
ATHM
VSEC
VSEC
Q1 26
-2.14×
Q4 25
2.77×
Q3 25
6.16×
Q2 25
3.72×
Q1 25
Q4 24
4.24×
Q3 24
0.87×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATHM
ATHM

Online marketplace and others$114.7M46%
Leads generation services$93.2M37%
Media services$41.9M17%

VSEC
VSEC

Products$202.3M62%
Services$122.2M38%

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