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Side-by-side financial comparison of NIO Inc. (NIO) and UNITED NATURAL FOODS INC (UNFI). Click either name above to swap in a different company.

UNITED NATURAL FOODS INC is the larger business by last-quarter revenue ($7.8B vs $4.7B, roughly 1.7× NIO Inc.). NIO Inc. runs the higher net margin — 0.8% vs -0.1%, a 0.9% gap on every dollar of revenue. UNITED NATURAL FOODS INC produced more free cash flow last quarter ($-54.0M 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.

United Natural Foods, Inc. (UNFI) is a Providence, Rhode Island–based natural and organic food company. The largest publicly traded wholesale distributor of health and specialty food in the United States and Canada, it is Whole Foods Market's main supplier, with their traffic making up over a third of its revenue in 2018.

NIO vs UNFI — Head-to-Head

Bigger by revenue
UNFI
UNFI
1.7× larger
UNFI
$7.8B
$4.7B
NIO
Higher net margin
NIO
NIO
0.9% more per $
NIO
0.8%
-0.1%
UNFI
More free cash flow
UNFI
UNFI
$385.4M more FCF
UNFI
$-54.0M
$-439.4M
NIO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NIO
NIO
UNFI
UNFI
Revenue
$4.7B
$7.8B
Net Profit
$38.7M
$-4.0M
Gross Margin
17.5%
13.4%
Operating Margin
1.5%
0.2%
Net Margin
0.8%
-0.1%
Revenue YoY
-0.4%
Net Profit YoY
81.0%
EPS (diluted)
$0.05
$-0.06

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
NIO
NIO
UNFI
UNFI
Q1 26
$4.7B
Q4 25
$7.8B
Q3 25
$3.0B
$7.7B
Q2 25
$2.6B
$8.1B
Q1 25
$2.7B
$8.2B
Q4 24
$7.9B
Q3 24
$8.2B
Q2 24
$7.5B
Net Profit
NIO
NIO
UNFI
UNFI
Q1 26
$38.7M
Q4 25
$-4.0M
Q3 25
$-505.2M
$-87.0M
Q2 25
$-709.5M
$-7.0M
Q1 25
$-984.2M
$-3.0M
Q4 24
$-21.0M
Q3 24
$-37.0M
Q2 24
$-21.0M
Gross Margin
NIO
NIO
UNFI
UNFI
Q1 26
17.5%
Q4 25
13.4%
Q3 25
13.9%
13.4%
Q2 25
10.0%
13.4%
Q1 25
11.7%
13.1%
Q4 24
13.2%
Q3 24
13.7%
Q2 24
13.6%
Operating Margin
NIO
NIO
UNFI
UNFI
Q1 26
1.5%
Q4 25
0.2%
Q3 25
-16.2%
-1.0%
Q2 25
-25.8%
0.2%
Q1 25
-30.6%
0.3%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.1%
Net Margin
NIO
NIO
UNFI
UNFI
Q1 26
0.8%
Q4 25
-0.1%
Q3 25
-16.8%
-1.1%
Q2 25
-27.0%
-0.1%
Q1 25
-36.2%
-0.0%
Q4 24
-0.3%
Q3 24
-0.5%
Q2 24
-0.3%
EPS (diluted)
NIO
NIO
UNFI
UNFI
Q1 26
$0.05
Q4 25
$-0.06
Q3 25
$-1.51
$-1.43
Q2 25
$-2.31
$-0.12
Q1 25
$-3.47
$-0.05
Q4 24
$-0.35
Q3 24
$-0.63
Q2 24
$-0.34

Balance Sheet & Financial Strength

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

Metric
NIO
NIO
UNFI
UNFI
Cash + ST InvestmentsLiquidity on hand
$4.4B
$38.0M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$594.8M
$1.5B
Total Assets
$17.8B
$7.6B
Debt / EquityLower = less leverage
1.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NIO
NIO
UNFI
UNFI
Q1 26
$4.4B
Q4 25
$38.0M
Q3 25
$44.0M
Q2 25
$2.5B
$52.0M
Q1 25
$4.6B
$44.0M
Q4 24
$37.0M
Q3 24
$40.0M
Q2 24
$39.0M
Total Debt
NIO
NIO
UNFI
UNFI
Q1 26
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$2.0B
Q1 25
$2.1B
Q4 24
$2.2B
Q3 24
$2.1B
Q2 24
$2.1B
Stockholders' Equity
NIO
NIO
UNFI
UNFI
Q1 26
$594.8M
Q4 25
$1.5B
Q3 25
$1.6B
Q2 25
$-168.3M
$1.6B
Q1 25
$817.5M
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.7B
Total Assets
NIO
NIO
UNFI
UNFI
Q1 26
$17.8B
Q4 25
$7.6B
Q3 25
$7.6B
Q2 25
$14.0B
$7.6B
Q1 25
$14.7B
$7.7B
Q4 24
$8.0B
Q3 24
$7.5B
Q2 24
$7.6B
Debt / Equity
NIO
NIO
UNFI
UNFI
Q1 26
Q4 25
1.24×
Q3 25
1.20×
Q2 25
1.21×
Q1 25
1.27×
Q4 24
1.38×
Q3 24
1.27×
Q2 24
1.28×

Cash Flow & Capital Efficiency

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

Metric
NIO
NIO
UNFI
UNFI
Operating Cash FlowLast quarter
$427.9M
$-38.0M
Free Cash FlowOCF − Capex
$-439.4M
$-54.0M
FCF MarginFCF / Revenue
-9.3%
-0.7%
Capex IntensityCapex / Revenue
18.4%
0.2%
Cash ConversionOCF / Net Profit
11.07×
TTM Free Cash FlowTrailing 4 quarters
$344.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NIO
NIO
UNFI
UNFI
Q1 26
$427.9M
Q4 25
$-38.0M
Q3 25
$160.0M
Q2 25
$173.0M
Q1 25
$-1.1B
$247.0M
Q4 24
$-110.0M
Q3 24
$199.0M
Q2 24
$125.0M
Free Cash Flow
NIO
NIO
UNFI
UNFI
Q1 26
$-439.4M
Q4 25
$-54.0M
Q3 25
$86.0M
Q2 25
$119.0M
Q1 25
$-2.3B
$193.0M
Q4 24
$-159.0M
Q3 24
$71.0M
Q2 24
$49.0M
FCF Margin
NIO
NIO
UNFI
UNFI
Q1 26
-9.3%
Q4 25
-0.7%
Q3 25
1.1%
Q2 25
1.5%
Q1 25
-85.6%
2.4%
Q4 24
-2.0%
Q3 24
0.9%
Q2 24
0.7%
Capex Intensity
NIO
NIO
UNFI
UNFI
Q1 26
18.4%
Q4 25
0.2%
Q3 25
1.0%
Q2 25
0.7%
Q1 25
46.1%
0.7%
Q4 24
0.6%
Q3 24
1.6%
Q2 24
1.0%
Cash Conversion
NIO
NIO
UNFI
UNFI
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.

Revenue Breakdown by Segment

NIO
NIO

Segment breakdown not available.

UNFI
UNFI

Natural Segment$4.3B55%
Conventional Segment$3.1B40%
Retail Segment$560.0M7%

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