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Side-by-side financial comparison of Empery Digital Inc. (EMPD) and NIO Inc. (NIO). Click either name above to swap in a different company.

Empery Digital Inc. runs the higher net margin — 17291.1% vs 0.8%, a 17290.3% gap on every dollar of revenue. Empery Digital Inc. produced more free cash flow last quarter ($-3.0M vs $-439.4M).

Nio Inc. is a Chinese electric vehicle manufacturer headquartered in Shanghai. Founded in 2014, it adopted its current name in 2016. The company designs and sells electric vehicles, including sedans and SUVs, and has expanded into smartphone development.

EMPD vs NIO — Head-to-Head

Bigger by revenue
NIO
NIO
-7120.1× larger
NIO
$4.7B
$-662.3K
EMPD
Higher net margin
EMPD
EMPD
17290.3% more per $
EMPD
17291.1%
0.8%
NIO
More free cash flow
EMPD
EMPD
$436.4M more FCF
EMPD
$-3.0M
$-439.4M
NIO

Income Statement — Q4 2025 vs Q4 2025

Metric
EMPD
EMPD
NIO
NIO
Revenue
$-662.3K
$4.7B
Net Profit
$-114.5M
$38.7M
Gross Margin
17.5%
Operating Margin
17004.2%
1.5%
Net Margin
17291.1%
0.8%
Revenue YoY
-171.0%
Net Profit YoY
-2095.0%
EPS (diluted)
$1.16
$0.05

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
EMPD
EMPD
NIO
NIO
Q1 26
$4.7B
Q4 25
$-662.3K
Q3 25
$198.3K
$3.0B
Q2 25
$702.9K
$2.6B
Q1 25
$736.0K
$2.7B
Q4 24
$933.2K
Q3 24
$1.1M
Q2 24
$940.9K
Net Profit
EMPD
EMPD
NIO
NIO
Q1 26
$38.7M
Q4 25
$-114.5M
Q3 25
$-29.2M
$-505.2M
Q2 25
$-3.9M
$-709.5M
Q1 25
$-2.5M
$-984.2M
Q4 24
$-5.2M
Q3 24
$-13.6M
Q2 24
$-606.4K
Gross Margin
EMPD
EMPD
NIO
NIO
Q1 26
17.5%
Q4 25
Q3 25
-47.1%
13.9%
Q2 25
-21.1%
10.0%
Q1 25
-6.2%
11.7%
Q4 24
-217.0%
Q3 24
-856.9%
Q2 24
-230.9%
Operating Margin
EMPD
EMPD
NIO
NIO
Q1 26
1.5%
Q4 25
17004.2%
Q3 25
-17388.6%
-16.2%
Q2 25
-550.8%
-25.8%
Q1 25
-340.5%
-30.6%
Q4 24
-401.8%
Q3 24
-1127.9%
Q2 24
-587.7%
Net Margin
EMPD
EMPD
NIO
NIO
Q1 26
0.8%
Q4 25
17291.1%
Q3 25
-14710.6%
-16.8%
Q2 25
-554.8%
-27.0%
Q1 25
-334.3%
-36.2%
Q4 24
-559.1%
Q3 24
-1267.7%
Q2 24
-64.5%
EPS (diluted)
EMPD
EMPD
NIO
NIO
Q1 26
$0.05
Q4 25
$1.16
Q3 25
$-0.80
$-1.51
Q2 25
$-7.57
$-2.31
Q1 25
$-0.91
$-3.47
Q4 24
$1727.83
Q3 24
$-191.46
Q2 24
$-96.59

Balance Sheet & Financial Strength

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

Metric
EMPD
EMPD
NIO
NIO
Cash + ST InvestmentsLiquidity on hand
$9.0M
$4.4B
Total DebtLower is stronger
$34.5K
Stockholders' EquityBook value
$269.2M
$594.8M
Total Assets
$372.4M
$17.8B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EMPD
EMPD
NIO
NIO
Q1 26
$4.4B
Q4 25
$9.0M
Q3 25
$18.8M
Q2 25
$11.8M
$2.5B
Q1 25
$4.6B
Q4 24
$2.2M
Q3 24
Q2 24
Total Debt
EMPD
EMPD
NIO
NIO
Q1 26
Q4 25
$34.5K
Q3 25
$37.2K
Q2 25
$40.0K
Q1 25
$42.7K
Q4 24
$45.4K
Q3 24
$48.1K
Q2 24
$50.9K
Stockholders' Equity
EMPD
EMPD
NIO
NIO
Q1 26
$594.8M
Q4 25
$269.2M
Q3 25
$437.6M
Q2 25
$13.8M
$-168.3M
Q1 25
$16.7M
$817.5M
Q4 24
$40.8K
Q3 24
$5.1M
Q2 24
$7.9M
Total Assets
EMPD
EMPD
NIO
NIO
Q1 26
$17.8B
Q4 25
$372.4M
Q3 25
$492.3M
Q2 25
$17.9M
$14.0B
Q1 25
$21.7M
$14.7B
Q4 24
$6.2M
Q3 24
$10.0M
Q2 24
$15.8M
Debt / Equity
EMPD
EMPD
NIO
NIO
Q1 26
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
1.11×
Q3 24
0.01×
Q2 24
0.01×

Cash Flow & Capital Efficiency

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

Metric
EMPD
EMPD
NIO
NIO
Operating Cash FlowLast quarter
$-3.0M
$427.9M
Free Cash FlowOCF − Capex
$-3.0M
$-439.4M
FCF MarginFCF / Revenue
452.0%
-9.3%
Capex IntensityCapex / Revenue
-0.0%
18.4%
Cash ConversionOCF / Net Profit
11.07×
TTM Free Cash FlowTrailing 4 quarters
$-18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EMPD
EMPD
NIO
NIO
Q1 26
$427.9M
Q4 25
$-3.0M
Q3 25
$-7.6M
Q2 25
$-3.7M
Q1 25
$-3.6M
$-1.1B
Q4 24
$-3.8M
Q3 24
$-4.1M
Q2 24
$-3.7M
Free Cash Flow
EMPD
EMPD
NIO
NIO
Q1 26
$-439.4M
Q4 25
$-3.0M
Q3 25
$-7.6M
Q2 25
$-3.7M
Q1 25
$-3.8M
$-2.3B
Q4 24
$-3.8M
Q3 24
$-4.1M
Q2 24
$-3.8M
FCF Margin
EMPD
EMPD
NIO
NIO
Q1 26
-9.3%
Q4 25
452.0%
Q3 25
-3844.9%
Q2 25
-521.0%
Q1 25
-512.7%
-85.6%
Q4 24
-407.3%
Q3 24
-380.6%
Q2 24
-401.9%
Capex Intensity
EMPD
EMPD
NIO
NIO
Q1 26
18.4%
Q4 25
-0.0%
Q3 25
0.0%
Q2 25
0.4%
Q1 25
27.4%
46.1%
Q4 24
3.8%
Q3 24
1.9%
Q2 24
13.2%
Cash Conversion
EMPD
EMPD
NIO
NIO
Q1 26
11.07×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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