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Side-by-side financial comparison of NICOLET BANKSHARES INC (NIC) and QUHUO Ltd (QH). Click either name above to swap in a different company.

QUHUO Ltd is the larger business by last-quarter revenue ($157.9M vs $104.0M, roughly 1.5× NICOLET BANKSHARES INC).

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

QUHUO Ltd. operates an on-demand lifestyle service platform focused on the Chinese mainland market. Its core offerings include gig workforce solutions, community group-buy services, and local life service matching for merchants and individual users, covering household services, catering operation support, and community retail segments to effectively connect service providers with end consumers.

NIC vs QH — Head-to-Head

Bigger by revenue
QH
QH
1.5× larger
QH
$157.9M
$104.0M
NIC

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
NIC
NIC
QH
QH
Revenue
$104.0M
$157.9M
Net Profit
$40.3M
Gross Margin
Operating Margin
48.3%
Net Margin
38.8%
Revenue YoY
12.5%
Net Profit YoY
16.9%
EPS (diluted)
$2.63

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
NIC
NIC
QH
QH
Q4 25
$104.0M
Q3 25
$102.9M
Q2 25
$95.7M
$157.9M
Q1 25
$89.4M
Q4 24
$92.4M
Q3 24
$90.7M
Q2 24
$85.0M
$222.9M
Q1 24
$82.2M
Net Profit
NIC
NIC
QH
QH
Q4 25
$40.3M
Q3 25
$41.7M
Q2 25
$36.0M
Q1 25
$32.6M
Q4 24
$34.5M
Q3 24
$32.5M
Q2 24
$29.3M
$-6.4M
Q1 24
$27.8M
Gross Margin
NIC
NIC
QH
QH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.5%
Q1 24
Operating Margin
NIC
NIC
QH
QH
Q4 25
48.3%
Q3 25
50.4%
Q2 25
46.8%
Q1 25
44.9%
Q4 24
46.8%
Q3 24
45.0%
Q2 24
43.3%
-2.7%
Q1 24
41.8%
Net Margin
NIC
NIC
QH
QH
Q4 25
38.8%
Q3 25
40.6%
Q2 25
37.6%
Q1 25
36.4%
Q4 24
37.3%
Q3 24
35.8%
Q2 24
34.5%
-2.9%
Q1 24
33.8%
EPS (diluted)
NIC
NIC
QH
QH
Q4 25
$2.63
Q3 25
$2.73
Q2 25
$2.34
Q1 25
$2.08
Q4 24
$2.21
Q3 24
$2.10
Q2 24
$1.92
Q1 24
$1.82

Balance Sheet & Financial Strength

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

Metric
NIC
NIC
QH
QH
Cash + ST InvestmentsLiquidity on hand
$4.3M
Total DebtLower is stronger
$134.9M
$858.0K
Stockholders' EquityBook value
$1.3B
$57.4M
Total Assets
$9.2B
$118.4M
Debt / EquityLower = less leverage
0.11×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NIC
NIC
QH
QH
Q4 25
Q3 25
Q2 25
$4.3M
Q1 25
Q4 24
Q3 24
Q2 24
$14.3M
Q1 24
Total Debt
NIC
NIC
QH
QH
Q4 25
$134.9M
Q3 25
$134.6M
Q2 25
$134.3M
$858.0K
Q1 25
$156.6M
Q4 24
$161.4M
Q3 24
$161.2M
Q2 24
$162.4M
$1.2M
Q1 24
$162.3M
Stockholders' Equity
NIC
NIC
QH
QH
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.2B
$57.4M
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$1.1B
$64.6M
Q1 24
$1.1B
Total Assets
NIC
NIC
QH
QH
Q4 25
$9.2B
Q3 25
$9.0B
Q2 25
$8.9B
$118.4M
Q1 25
$9.0B
Q4 24
$8.8B
Q3 24
$8.6B
Q2 24
$8.6B
$135.0M
Q1 24
$8.4B
Debt / Equity
NIC
NIC
QH
QH
Q4 25
0.11×
Q3 25
0.11×
Q2 25
0.11×
0.01×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×
0.02×
Q1 24
0.15×

Cash Flow & Capital Efficiency

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

Metric
NIC
NIC
QH
QH
Operating Cash FlowLast quarter
$153.5M
$-5.8M
Free Cash FlowOCF − Capex
$149.4M
FCF MarginFCF / Revenue
143.7%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
3.81×
TTM Free Cash FlowTrailing 4 quarters
$275.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NIC
NIC
QH
QH
Q4 25
$153.5M
Q3 25
$45.9M
Q2 25
$38.9M
$-5.8M
Q1 25
$41.8M
Q4 24
$133.7M
Q3 24
$39.6M
Q2 24
$37.3M
Q1 24
$23.4M
Free Cash Flow
NIC
NIC
QH
QH
Q4 25
$149.4M
Q3 25
$45.9M
Q2 25
$38.4M
Q1 25
$41.3M
Q4 24
$116.8M
Q3 24
$34.7M
Q2 24
$34.4M
Q1 24
$20.1M
FCF Margin
NIC
NIC
QH
QH
Q4 25
143.7%
Q3 25
44.6%
Q2 25
40.1%
Q1 25
46.2%
Q4 24
126.4%
Q3 24
38.3%
Q2 24
40.5%
Q1 24
24.4%
Capex Intensity
NIC
NIC
QH
QH
Q4 25
3.9%
Q3 25
0.0%
Q2 25
0.6%
Q1 25
0.5%
Q4 24
18.3%
Q3 24
5.4%
Q2 24
3.5%
Q1 24
4.0%
Cash Conversion
NIC
NIC
QH
QH
Q4 25
3.81×
Q3 25
1.10×
Q2 25
1.08×
Q1 25
1.28×
Q4 24
3.88×
Q3 24
1.22×
Q2 24
1.28×
Q1 24
0.84×

Financial Flow Comparison

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

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