vs

Side-by-side financial comparison of Fox Corporation (Class A) (FOXA) and NIO Inc. (NIO). Click either name above to swap in a different company.

Fox Corporation (Class A) is the larger business by last-quarter revenue ($5.2B vs $4.7B, roughly 1.1× NIO Inc.). Fox Corporation (Class A) runs the higher net margin — 4.8% vs 0.8%, a 3.9% gap on every dollar of revenue. NIO Inc. produced more free cash flow last quarter ($-439.4M vs $-791.0M).

Fox Corporation, commonly known as Fox Corp or Fox, is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan with offices also in Burbank, California. Named after William Fox and incorporated in Delaware, it was formed as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets on March 19, 2019. 21CF went defunct the next day. The company is controlled by Lachlan Murdoch through a family trust with 36% voting s...

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.

FOXA vs NIO — Head-to-Head

Bigger by revenue
FOXA
FOXA
1.1× larger
FOXA
$5.2B
$4.7B
NIO
Higher net margin
FOXA
FOXA
3.9% more per $
FOXA
4.8%
0.8%
NIO
More free cash flow
NIO
NIO
$351.6M more FCF
NIO
$-439.4M
$-791.0M
FOXA

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FOXA
FOXA
NIO
NIO
Revenue
$5.2B
$4.7B
Net Profit
$247.0M
$38.7M
Gross Margin
17.5%
Operating Margin
6.2%
1.5%
Net Margin
4.8%
0.8%
Revenue YoY
2.0%
Net Profit YoY
-36.3%
EPS (diluted)
$0.52
$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
FOXA
FOXA
NIO
NIO
Q1 26
$4.7B
Q4 25
$5.2B
Q3 25
$3.7B
$3.0B
Q2 25
$3.3B
$2.6B
Q1 25
$4.4B
$2.7B
Q4 24
$5.1B
Q3 24
$3.6B
Q2 24
$3.1B
Net Profit
FOXA
FOXA
NIO
NIO
Q1 26
$38.7M
Q4 25
$247.0M
Q3 25
$609.0M
$-505.2M
Q2 25
$719.0M
$-709.5M
Q1 25
$354.0M
$-984.2M
Q4 24
$388.0M
Q3 24
$832.0M
Q2 24
$320.0M
Gross Margin
FOXA
FOXA
NIO
NIO
Q1 26
17.5%
Q4 25
Q3 25
13.9%
Q2 25
10.0%
Q1 25
11.7%
Q4 24
Q3 24
Q2 24
Operating Margin
FOXA
FOXA
NIO
NIO
Q1 26
1.5%
Q4 25
6.2%
Q3 25
21.4%
-16.2%
Q2 25
29.2%
-25.8%
Q1 25
10.8%
-30.6%
Q4 24
10.1%
Q3 24
31.2%
Q2 24
14.6%
Net Margin
FOXA
FOXA
NIO
NIO
Q1 26
0.8%
Q4 25
4.8%
Q3 25
16.3%
-16.8%
Q2 25
21.9%
-27.0%
Q1 25
8.1%
-36.2%
Q4 24
7.6%
Q3 24
23.3%
Q2 24
10.3%
EPS (diluted)
FOXA
FOXA
NIO
NIO
Q1 26
$0.05
Q4 25
$0.52
Q3 25
$1.32
$-1.51
Q2 25
$1.57
$-2.31
Q1 25
$0.75
$-3.47
Q4 24
$0.81
Q3 24
$1.78
Q2 24
$0.68

Balance Sheet & Financial Strength

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

Metric
FOXA
FOXA
NIO
NIO
Cash + ST InvestmentsLiquidity on hand
$4.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$10.9B
$594.8M
Total Assets
$21.5B
$17.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXA
FOXA
NIO
NIO
Q1 26
$4.4B
Q4 25
Q3 25
Q2 25
$2.5B
Q1 25
$4.6B
Q4 24
Q3 24
Q2 24
Total Debt
FOXA
FOXA
NIO
NIO
Q1 26
Q4 25
Q3 25
$6.6B
Q2 25
$6.6B
Q1 25
$7.2B
Q4 24
$7.2B
Q3 24
$7.2B
Q2 24
$7.2B
Stockholders' Equity
FOXA
FOXA
NIO
NIO
Q1 26
$594.8M
Q4 25
$10.9B
Q3 25
$12.2B
Q2 25
$12.0B
$-168.3M
Q1 25
$11.5B
$817.5M
Q4 24
$11.5B
Q3 24
$11.3B
Q2 24
$10.7B
Total Assets
FOXA
FOXA
NIO
NIO
Q1 26
$17.8B
Q4 25
$21.5B
Q3 25
$22.8B
Q2 25
$23.2B
$14.0B
Q1 25
$23.4B
$14.7B
Q4 24
$23.0B
Q3 24
$22.5B
Q2 24
$22.0B
Debt / Equity
FOXA
FOXA
NIO
NIO
Q1 26
Q4 25
Q3 25
0.54×
Q2 25
0.55×
Q1 25
0.62×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.67×

Cash Flow & Capital Efficiency

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

Metric
FOXA
FOXA
NIO
NIO
Operating Cash FlowLast quarter
$-669.0M
$427.9M
Free Cash FlowOCF − Capex
$-791.0M
$-439.4M
FCF MarginFCF / Revenue
-15.3%
-9.3%
Capex IntensityCapex / Revenue
2.4%
18.4%
Cash ConversionOCF / Net Profit
-2.71×
11.07×
TTM Free Cash FlowTrailing 4 quarters
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOXA
FOXA
NIO
NIO
Q1 26
$427.9M
Q4 25
$-669.0M
Q3 25
$-130.0M
Q2 25
$1.5B
Q1 25
$2.0B
$-1.1B
Q4 24
$-362.0M
Q3 24
$158.0M
Q2 24
$899.0M
Free Cash Flow
FOXA
FOXA
NIO
NIO
Q1 26
$-439.4M
Q4 25
$-791.0M
Q3 25
$-234.0M
Q2 25
$1.4B
Q1 25
$1.9B
$-2.3B
Q4 24
$-436.0M
Q3 24
$94.0M
Q2 24
$787.0M
FCF Margin
FOXA
FOXA
NIO
NIO
Q1 26
-9.3%
Q4 25
-15.3%
Q3 25
-6.3%
Q2 25
42.4%
Q1 25
44.4%
-85.6%
Q4 24
-8.6%
Q3 24
2.6%
Q2 24
25.5%
Capex Intensity
FOXA
FOXA
NIO
NIO
Q1 26
18.4%
Q4 25
2.4%
Q3 25
2.8%
Q2 25
3.6%
Q1 25
1.7%
46.1%
Q4 24
1.5%
Q3 24
1.8%
Q2 24
3.6%
Cash Conversion
FOXA
FOXA
NIO
NIO
Q1 26
11.07×
Q4 25
-2.71×
Q3 25
-0.21×
Q2 25
2.10×
Q1 25
5.69×
Q4 24
-0.93×
Q3 24
0.19×
Q2 24
2.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FOXA
FOXA

Television Segment$2.9B57%
Distribution$1.2B22%
Other$621.0M12%
Advertising$491.0M9%

NIO
NIO

Segment breakdown not available.

Related Comparisons