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Side-by-side financial comparison of Cannae Holdings, Inc. (CNNE) and Nisun International Enterprise Development Group Co., Ltd (NISN). Click either name above to swap in a different company.

Nisun International Enterprise Development Group Co., Ltd is the larger business by last-quarter revenue ($192.5M vs $103.3M, roughly 1.9× Cannae Holdings, Inc.). Nisun International Enterprise Development Group Co., Ltd runs the higher net margin — 5.4% vs -90.0%, a 95.4% gap on every dollar of revenue. On growth, Nisun International Enterprise Development Group Co., Ltd posted the faster year-over-year revenue change (0.0% vs -6.0%). Cannae Holdings, Inc. produced more free cash flow last quarter ($12.0M vs $-69.4M).

Cannae Holdings, Inc. is a diversified holding company that primarily invests in and operates businesses across multiple sectors including financial services, restaurant and hospitality, technology, and healthcare. Its core market is the United States, and it focuses on driving long-term stakeholder value through active portfolio management and strategic operational support for its portfolio companies.

Nisun International Enterprise Development Group Co., Ltd. offers integrated supply chain management solutions, fintech services, and industrial digitalization tools. It mainly serves small and medium-sized enterprises across various sectors in the Chinese market, focusing on boosting supply chain efficiency, cutting operational costs, and supporting clients' digital transformation initiatives.

CNNE vs NISN — Head-to-Head

Bigger by revenue
NISN
NISN
1.9× larger
NISN
$192.5M
$103.3M
CNNE
Growing faster (revenue YoY)
NISN
NISN
+6.0% gap
NISN
0.0%
-6.0%
CNNE
Higher net margin
NISN
NISN
95.4% more per $
NISN
5.4%
-90.0%
CNNE
More free cash flow
CNNE
CNNE
$81.4M more FCF
CNNE
$12.0M
$-69.4M
NISN

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
CNNE
CNNE
NISN
NISN
Revenue
$103.3M
$192.5M
Net Profit
$-93.0M
$10.3M
Gross Margin
15.2%
9.0%
Operating Margin
-23.3%
Net Margin
-90.0%
5.4%
Revenue YoY
-6.0%
0.0%
Net Profit YoY
-101.7%
0.2%
EPS (diluted)
$-2.09

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
CNNE
CNNE
NISN
NISN
Q4 25
$103.3M
Q3 25
$106.9M
Q2 25
$110.2M
$192.5M
Q1 25
$103.2M
Q4 24
$109.9M
Q3 24
$113.9M
Q2 24
$118.0M
$192.5M
Q1 24
$110.7M
Net Profit
CNNE
CNNE
NISN
NISN
Q4 25
$-93.0M
Q3 25
$-68.4M
Q2 25
$-238.8M
$10.3M
Q1 25
$-113.0M
Q4 24
$-46.1M
Q3 24
$-13.6M
Q2 24
$-155.0M
$10.3M
Q1 24
$-89.9M
Gross Margin
CNNE
CNNE
NISN
NISN
Q4 25
15.2%
Q3 25
17.1%
Q2 25
17.6%
9.0%
Q1 25
11.8%
Q4 24
16.4%
Q3 24
18.3%
Q2 24
21.9%
9.0%
Q1 24
14.9%
Operating Margin
CNNE
CNNE
NISN
NISN
Q4 25
-23.3%
Q3 25
-12.3%
Q2 25
-55.3%
Q1 25
-20.7%
Q4 24
-20.0%
Q3 24
-15.9%
Q2 24
-19.5%
6.0%
Q1 24
-36.7%
Net Margin
CNNE
CNNE
NISN
NISN
Q4 25
-90.0%
Q3 25
-64.0%
Q2 25
-216.7%
5.4%
Q1 25
-109.5%
Q4 24
-41.9%
Q3 24
-11.9%
Q2 24
-131.4%
5.4%
Q1 24
-81.2%
EPS (diluted)
CNNE
CNNE
NISN
NISN
Q4 25
$-2.09
Q3 25
$-1.25
Q2 25
$-3.93
Q1 25
$-1.81
Q4 24
$-0.75
Q3 24
$-0.22
Q2 24
$-2.49
Q1 24
$-1.27

Balance Sheet & Financial Strength

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

Metric
CNNE
CNNE
NISN
NISN
Cash + ST InvestmentsLiquidity on hand
$182.0M
$45.0M
Total DebtLower is stronger
$70.8M
Stockholders' EquityBook value
$1.0B
$211.1M
Total Assets
$1.3B
$271.4M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNNE
CNNE
NISN
NISN
Q4 25
$182.0M
Q3 25
$233.8M
Q2 25
$66.7M
$45.0M
Q1 25
$126.2M
Q4 24
$131.5M
Q3 24
Q2 24
$55.9M
Q1 24
Total Debt
CNNE
CNNE
NISN
NISN
Q4 25
$70.8M
Q3 25
$68.6M
Q2 25
$168.4M
Q1 25
$170.6M
Q4 24
$181.0M
Q3 24
$181.2M
Q2 24
$78.2M
Q1 24
$79.3M
Stockholders' Equity
CNNE
CNNE
NISN
NISN
Q4 25
$1.0B
Q3 25
$1.2B
Q2 25
$1.4B
$211.1M
Q1 25
$1.7B
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.9B
$204.5M
Q1 24
$2.3B
Total Assets
CNNE
CNNE
NISN
NISN
Q4 25
$1.3B
Q3 25
$1.5B
Q2 25
$1.8B
$271.4M
Q1 25
$2.1B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$2.2B
$268.8M
Q1 24
$2.6B
Debt / Equity
CNNE
CNNE
NISN
NISN
Q4 25
0.07×
Q3 25
0.06×
Q2 25
0.12×
Q1 25
0.10×
Q4 24
0.10×
Q3 24
0.10×
Q2 24
0.04×
Q1 24
0.03×

Cash Flow & Capital Efficiency

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

Metric
CNNE
CNNE
NISN
NISN
Operating Cash FlowLast quarter
$16.0M
$-69.3M
Free Cash FlowOCF − Capex
$12.0M
$-69.4M
FCF MarginFCF / Revenue
11.6%
-36.0%
Capex IntensityCapex / Revenue
3.9%
0.0%
Cash ConversionOCF / Net Profit
-6.72×
TTM Free Cash FlowTrailing 4 quarters
$-28.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNNE
CNNE
NISN
NISN
Q4 25
$16.0M
Q3 25
$-21.6M
Q2 25
$-21.6M
$-69.3M
Q1 25
$9.1M
Q4 24
$-12.0M
Q3 24
$-31.9M
Q2 24
$-10.2M
$-69.3M
Q1 24
$-36.0M
Free Cash Flow
CNNE
CNNE
NISN
NISN
Q4 25
$12.0M
Q3 25
$-24.1M
Q2 25
$-23.6M
$-69.4M
Q1 25
$7.2M
Q4 24
$-14.4M
Q3 24
$-33.6M
Q2 24
$-11.8M
$-69.4M
Q1 24
$-37.3M
FCF Margin
CNNE
CNNE
NISN
NISN
Q4 25
11.6%
Q3 25
-22.5%
Q2 25
-21.4%
-36.0%
Q1 25
7.0%
Q4 24
-13.1%
Q3 24
-29.5%
Q2 24
-10.0%
-36.0%
Q1 24
-33.7%
Capex Intensity
CNNE
CNNE
NISN
NISN
Q4 25
3.9%
Q3 25
2.3%
Q2 25
1.8%
0.0%
Q1 25
1.8%
Q4 24
2.2%
Q3 24
1.5%
Q2 24
1.4%
0.0%
Q1 24
1.2%
Cash Conversion
CNNE
CNNE
NISN
NISN
Q4 25
Q3 25
Q2 25
-6.72×
Q1 25
Q4 24
Q3 24
Q2 24
-6.73×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNNE
CNNE

Reportable Segment Aggregation Before Other Operating Segment$94.9M92%
Other Operating Revenue$8.4M8%

NISN
NISN

Supply chain trading business$142.1M74%
Small and Medium Enterprise financing solutions$48.5M25%
Supply Chain financing solutions$1.9M1%

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