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Side-by-side financial comparison of Nordson Corporation (NDSN) and VNET Group, Inc. (VNET). Click either name above to swap in a different company.

Nordson Corporation is the larger business by last-quarter revenue ($669.5M vs $362.7M, roughly 1.8× VNET Group, Inc.). Nordson Corporation runs the higher net margin — 19.9% vs -10.7%, a 30.6% gap on every dollar of revenue. Nordson Corporation produced more free cash flow last quarter ($122.9M vs $-193.1M). Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% CAGR vs 1.4%).

Nordson Corporation is an American multinational corporation that designs and manufactures dispensing equipment for consumer and industrial adhesives, sealants and coatings. The company also manufactures equipment used in the testing and inspection of electronic components, technology-based systems for curing and surface treatment processes as well as medical devices and component technologies.

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.

NDSN vs VNET — Head-to-Head

Bigger by revenue
NDSN
NDSN
1.8× larger
NDSN
$669.5M
$362.7M
VNET
Higher net margin
NDSN
NDSN
30.6% more per $
NDSN
19.9%
-10.7%
VNET
More free cash flow
NDSN
NDSN
$316.0M more FCF
NDSN
$122.9M
$-193.1M
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
1.4%
NDSN

Income Statement — Q1 FY2027 vs Q3 FY2025

Metric
NDSN
NDSN
VNET
VNET
Revenue
$669.5M
$362.7M
Net Profit
$133.4M
$-38.7M
Gross Margin
54.7%
20.9%
Operating Margin
24.9%
0.5%
Net Margin
19.9%
-10.7%
Revenue YoY
8.8%
Net Profit YoY
40.9%
EPS (diluted)
$2.38

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
NDSN
NDSN
VNET
VNET
Q4 26
$669.5M
Q4 25
$751.8M
Q3 25
$741.5M
$362.7M
Q2 25
$682.9M
Q1 25
$615.4M
$309.5M
Q4 24
$744.5M
Q3 24
$661.6M
$302.2M
Q2 24
$650.6M
$274.4M
Net Profit
NDSN
NDSN
VNET
VNET
Q4 26
$133.4M
Q4 25
$151.6M
Q3 25
$125.8M
$-38.7M
Q2 25
$112.4M
Q1 25
$94.7M
$-2.4M
Q4 24
$122.2M
Q3 24
$117.3M
$-2.1M
Q2 24
$118.2M
$-1.1M
Gross Margin
NDSN
NDSN
VNET
VNET
Q4 26
54.7%
Q4 25
56.3%
Q3 25
54.8%
20.9%
Q2 25
54.7%
Q1 25
54.6%
25.2%
Q4 24
54.1%
Q3 24
55.8%
23.2%
Q2 24
56.2%
21.3%
Operating Margin
NDSN
NDSN
VNET
VNET
Q4 26
24.9%
Q4 25
28.5%
Q3 25
25.3%
0.5%
Q2 25
24.7%
Q1 25
22.9%
0.1%
Q4 24
24.0%
Q3 24
25.3%
24.5%
Q2 24
25.9%
0.2%
Net Margin
NDSN
NDSN
VNET
VNET
Q4 26
19.9%
Q4 25
20.2%
Q3 25
17.0%
-10.7%
Q2 25
16.5%
Q1 25
15.4%
-0.8%
Q4 24
16.4%
Q3 24
17.7%
-0.7%
Q2 24
18.2%
-0.4%
EPS (diluted)
NDSN
NDSN
VNET
VNET
Q4 26
$2.38
Q4 25
$2.67
Q3 25
$2.22
Q2 25
$1.97
Q1 25
$1.65
Q4 24
$2.12
Q3 24
$2.04
Q2 24
$2.05

Balance Sheet & Financial Strength

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

Metric
NDSN
NDSN
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$120.4M
$492.1M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$3.1B
$890.8M
Total Assets
$6.1B
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NDSN
NDSN
VNET
VNET
Q4 26
$120.4M
Q4 25
$108.4M
Q3 25
$147.8M
$492.1M
Q2 25
$130.2M
Q1 25
$130.4M
$544.3M
Q4 24
$116.0M
Q3 24
$165.3M
$219.5M
Q2 24
$125.4M
$247.2M
Total Debt
NDSN
NDSN
VNET
VNET
Q4 26
$1.9B
Q4 25
$2.0B
Q3 25
$2.1B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$1.5B
$1.2B
Q2 24
$1.5B
Stockholders' Equity
NDSN
NDSN
VNET
VNET
Q4 26
$3.1B
Q4 25
$3.0B
Q3 25
$3.0B
$890.8M
Q2 25
$3.0B
Q1 25
$2.9B
$927.8M
Q4 24
$2.9B
Q3 24
$2.9B
$902.9M
Q2 24
$2.8B
$900.6M
Total Assets
NDSN
NDSN
VNET
VNET
Q4 26
Q4 25
$5.9B
Q3 25
$6.0B
$6.1B
Q2 25
$6.1B
Q1 25
$5.9B
$5.4B
Q4 24
$6.0B
Q3 24
$5.2B
$4.3B
Q2 24
$5.2B
$4.0B
Debt / Equity
NDSN
NDSN
VNET
VNET
Q4 26
0.62×
Q4 25
0.66×
Q3 25
0.71×
Q2 25
0.74×
Q1 25
0.75×
Q4 24
0.75×
Q3 24
0.52×
1.28×
Q2 24
0.55×

Cash Flow & Capital Efficiency

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

Metric
NDSN
NDSN
VNET
VNET
Operating Cash FlowLast quarter
$140.4M
$113.8M
Free Cash FlowOCF − Capex
$122.9M
$-193.1M
FCF MarginFCF / Revenue
18.4%
-53.2%
Capex IntensityCapex / Revenue
84.6%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$646.3M
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NDSN
NDSN
VNET
VNET
Q4 26
$140.4M
Q4 25
$202.9M
Q3 25
$238.0M
$113.8M
Q2 25
$119.2M
Q1 25
$159.1M
$27.0M
Q4 24
$96.4M
Q3 24
$164.8M
$108.3M
Q2 24
$122.6M
$55.8M
Free Cash Flow
NDSN
NDSN
VNET
VNET
Q4 26
$122.9M
Q4 25
$193.9M
Q3 25
$226.4M
$-193.1M
Q2 25
$103.1M
Q1 25
$137.7M
$-220.0M
Q4 24
$75.8M
Q3 24
$143.0M
$-95.0M
Q2 24
$108.2M
$-81.6M
FCF Margin
NDSN
NDSN
VNET
VNET
Q4 26
18.4%
Q4 25
25.8%
Q3 25
30.5%
-53.2%
Q2 25
15.1%
Q1 25
22.4%
-71.1%
Q4 24
10.2%
Q3 24
21.6%
-31.4%
Q2 24
16.6%
-29.8%
Capex Intensity
NDSN
NDSN
VNET
VNET
Q4 26
Q4 25
1.2%
Q3 25
1.6%
84.6%
Q2 25
2.3%
Q1 25
3.5%
79.8%
Q4 24
2.8%
Q3 24
3.3%
67.3%
Q2 24
2.2%
50.1%
Cash Conversion
NDSN
NDSN
VNET
VNET
Q4 26
1.05×
Q4 25
1.34×
Q3 25
1.89×
Q2 25
1.06×
Q1 25
1.68×
Q4 24
0.79×
Q3 24
1.41×
Q2 24
1.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NDSN
NDSN

Industrial Precision Solutions$326.9M49%
Medical and Fluid Solutions$193.2M29%
Advanced Technology Solutions$149.4M22%

VNET
VNET

Segment breakdown not available.

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