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Side-by-side financial comparison of NIO Inc. (NIO) and WHIRLPOOL CORP (WHR). Click either name above to swap in a different company.

NIO Inc. is the larger business by last-quarter revenue ($4.7B vs $4.1B, roughly 1.2× WHIRLPOOL CORP). WHIRLPOOL CORP runs the higher net margin — 2.7% vs 0.8%, a 1.8% gap on every dollar of revenue. WHIRLPOOL CORP produced more free cash flow last quarter ($989.0M 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.

Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.

NIO vs WHR — Head-to-Head

Bigger by revenue
NIO
NIO
1.2× larger
NIO
$4.7B
$4.1B
WHR
Higher net margin
WHR
WHR
1.8% more per $
WHR
2.7%
0.8%
NIO
More free cash flow
WHR
WHR
$1.4B more FCF
WHR
$989.0M
$-439.4M
NIO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NIO
NIO
WHR
WHR
Revenue
$4.7B
$4.1B
Net Profit
$38.7M
$109.0M
Gross Margin
17.5%
14.0%
Operating Margin
1.5%
6.0%
Net Margin
0.8%
2.7%
Revenue YoY
-0.9%
Net Profit YoY
127.8%
EPS (diluted)
$0.05
$1.92

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
WHR
WHR
Q1 26
$4.7B
Q4 25
$4.1B
Q3 25
$3.0B
$4.0B
Q2 25
$2.6B
$3.8B
Q1 25
$2.7B
$3.6B
Q4 24
$4.1B
Q3 24
$4.0B
Q2 24
$4.0B
Net Profit
NIO
NIO
WHR
WHR
Q1 26
$38.7M
Q4 25
$109.0M
Q3 25
$-505.2M
$73.0M
Q2 25
$-709.5M
$65.0M
Q1 25
$-984.2M
$71.0M
Q4 24
$-392.0M
Q3 24
$109.0M
Q2 24
$219.0M
Gross Margin
NIO
NIO
WHR
WHR
Q1 26
17.5%
Q4 25
14.0%
Q3 25
13.9%
14.7%
Q2 25
10.0%
16.2%
Q1 25
11.7%
16.8%
Q4 24
16.2%
Q3 24
16.1%
Q2 24
15.7%
Operating Margin
NIO
NIO
WHR
WHR
Q1 26
1.5%
Q4 25
6.0%
Q3 25
-16.2%
5.1%
Q2 25
-25.8%
5.4%
Q1 25
-30.6%
5.1%
Q4 24
-3.3%
Q3 24
6.6%
Q2 24
3.3%
Net Margin
NIO
NIO
WHR
WHR
Q1 26
0.8%
Q4 25
2.7%
Q3 25
-16.8%
1.8%
Q2 25
-27.0%
1.7%
Q1 25
-36.2%
2.0%
Q4 24
-9.5%
Q3 24
2.7%
Q2 24
5.5%
EPS (diluted)
NIO
NIO
WHR
WHR
Q1 26
$0.05
Q4 25
$1.92
Q3 25
$-1.51
$1.29
Q2 25
$-2.31
$1.17
Q1 25
$-3.47
$1.28
Q4 24
$-7.11
Q3 24
$2.00
Q2 24
$3.96

Balance Sheet & Financial Strength

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

Metric
NIO
NIO
WHR
WHR
Cash + ST InvestmentsLiquidity on hand
$4.4B
$669.0M
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$594.8M
$2.7B
Total Assets
$17.8B
$16.0B
Debt / EquityLower = less leverage
2.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NIO
NIO
WHR
WHR
Q1 26
$4.4B
Q4 25
$669.0M
Q3 25
$934.0M
Q2 25
$2.5B
$1.1B
Q1 25
$4.6B
$1.0B
Q4 24
$1.3B
Q3 24
$1.1B
Q2 24
$1.2B
Total Debt
NIO
NIO
WHR
WHR
Q1 26
Q4 25
$6.2B
Q3 25
Q2 25
Q1 25
Q4 24
$6.6B
Q3 24
Q2 24
Stockholders' Equity
NIO
NIO
WHR
WHR
Q1 26
$594.8M
Q4 25
$2.7B
Q3 25
$2.6B
Q2 25
$-168.3M
$2.6B
Q1 25
$817.5M
$2.6B
Q4 24
$2.7B
Q3 24
$3.0B
Q2 24
$3.1B
Total Assets
NIO
NIO
WHR
WHR
Q1 26
$17.8B
Q4 25
$16.0B
Q3 25
$16.9B
Q2 25
$14.0B
$16.8B
Q1 25
$14.7B
$16.5B
Q4 24
$16.3B
Q3 24
$17.2B
Q2 24
$17.3B
Debt / Equity
NIO
NIO
WHR
WHR
Q1 26
Q4 25
2.26×
Q3 25
Q2 25
Q1 25
Q4 24
2.46×
Q3 24
Q2 24

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
WHR
WHR
Operating Cash FlowLast quarter
$427.9M
$1.1B
Free Cash FlowOCF − Capex
$-439.4M
$989.0M
FCF MarginFCF / Revenue
-9.3%
24.1%
Capex IntensityCapex / Revenue
18.4%
3.7%
Cash ConversionOCF / Net Profit
11.07×
10.45×
TTM Free Cash FlowTrailing 4 quarters
$81.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NIO
NIO
WHR
WHR
Q1 26
$427.9M
Q4 25
$1.1B
Q3 25
$33.0M
Q2 25
$19.0M
Q1 25
$-1.1B
$-721.0M
Q4 24
$1.1B
Q3 24
$214.0M
Q2 24
$388.0M
Free Cash Flow
NIO
NIO
WHR
WHR
Q1 26
$-439.4M
Q4 25
$989.0M
Q3 25
$-52.0M
Q2 25
$-63.0M
Q1 25
$-2.3B
$-793.0M
Q4 24
$970.0M
Q3 24
$127.0M
Q2 24
$275.0M
FCF Margin
NIO
NIO
WHR
WHR
Q1 26
-9.3%
Q4 25
24.1%
Q3 25
-1.3%
Q2 25
-1.7%
Q1 25
-85.6%
-21.9%
Q4 24
23.5%
Q3 24
3.2%
Q2 24
6.9%
Capex Intensity
NIO
NIO
WHR
WHR
Q1 26
18.4%
Q4 25
3.7%
Q3 25
2.1%
Q2 25
2.2%
Q1 25
46.1%
2.0%
Q4 24
3.3%
Q3 24
2.2%
Q2 24
2.8%
Cash Conversion
NIO
NIO
WHR
WHR
Q1 26
11.07×
Q4 25
10.45×
Q3 25
0.45×
Q2 25
0.29×
Q1 25
-10.15×
Q4 24
Q3 24
1.96×
Q2 24
1.77×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NIO
NIO

Segment breakdown not available.

WHR
WHR

Refrigeration$1.2B30%
Laundry$1.1B27%
Cooking$1.1B26%
Dishwashing$299.0M7%
Other$266.0M6%
Spare Parts And Warranties$139.0M3%

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