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Side-by-side financial comparison of Nano Dimension Ltd. (NNDM) and ZKH Group Ltd (ZKH). Click either name above to swap in a different company.

Nano Dimension Ltd. is the larger business by last-quarter revenue ($57.8M vs $45.1M, roughly 1.3× ZKH Group Ltd). ZKH Group Ltd runs the higher net margin — -1.0% vs -171.1%, a 170.0% gap on every dollar of revenue.

Nano Dimension Ltd. is a leading provider of additively manufactured electronics solutions and 3D printing technologies. It designs high-precision 3D printers, related materials, and software for producing printed circuit boards, microelectronics components, and multi-layer electronic devices, serving aerospace, defense, medical, automotive, and industrial electronics segments across global markets.

ZKH Group Ltd is a leading industrial supply chain service provider headquartered in China, specializing in MRO (Maintenance, Repair and Operations) products, industrial components, and digital procurement solutions. It mainly serves manufacturing, construction and energy sectors across the Asia-Pacific, delivering end-to-end inventory management and cost optimization support for enterprise clients.

NNDM vs ZKH — Head-to-Head

Bigger by revenue
NNDM
NNDM
1.3× larger
NNDM
$57.8M
$45.1M
ZKH
Higher net margin
ZKH
ZKH
170.0% more per $
ZKH
-1.0%
-171.1%
NNDM

Income Statement — Q4 FY2024 vs Q3 FY2025

Metric
NNDM
NNDM
ZKH
ZKH
Revenue
$57.8M
$45.1M
Net Profit
$-98.8M
$-471.3K
Gross Margin
43.1%
16.8%
Operating Margin
-155.1%
-1.4%
Net Margin
-171.1%
-1.0%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.45

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
NNDM
NNDM
ZKH
ZKH
Q3 25
$45.1M
Q2 25
$41.7M
Q1 25
$36.8M
Q4 24
$57.8M
Q3 24
$44.8M
Q2 24
$28.4M
$42.7M
Q1 24
$35.6M
Q4 23
$47.5M
Net Profit
NNDM
NNDM
ZKH
ZKH
Q3 25
$-471.3K
Q2 25
$-1.0M
Q1 25
$-1.3M
Q4 24
$-98.8M
Q3 24
$-1.6M
Q2 24
$-79.2M
$-1.3M
Q1 24
$-1.7M
Q4 23
$393.0K
Gross Margin
NNDM
NNDM
ZKH
ZKH
Q3 25
16.8%
Q2 25
16.5%
Q1 25
17.2%
Q4 24
43.1%
Q3 24
17.0%
Q2 24
45.8%
17.0%
Q1 24
18.0%
Q4 23
17.1%
Operating Margin
NNDM
NNDM
ZKH
ZKH
Q3 25
-1.4%
Q2 25
-3.3%
Q1 25
-4.2%
Q4 24
-155.1%
Q3 24
-4.6%
Q2 24
-3.2%
Q1 24
-7.0%
Q4 23
-0.3%
Net Margin
NNDM
NNDM
ZKH
ZKH
Q3 25
-1.0%
Q2 25
-2.5%
Q1 25
-3.4%
Q4 24
-171.1%
Q3 24
-3.6%
Q2 24
-279.4%
-2.9%
Q1 24
-4.9%
Q4 23
0.8%
EPS (diluted)
NNDM
NNDM
ZKH
ZKH
Q3 25
Q2 25
Q1 25
Q4 24
$-0.45
Q3 24
Q2 24
$-0.35
Q1 24
Q4 23

Balance Sheet & Financial Strength

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

Metric
NNDM
NNDM
ZKH
ZKH
Cash + ST InvestmentsLiquidity on hand
$317.2M
$35.3M
Total DebtLower is stronger
$893.8K
Stockholders' EquityBook value
$860.0M
Total Assets
$902.5M
$123.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NNDM
NNDM
ZKH
ZKH
Q3 25
$35.3M
Q2 25
$33.8M
Q1 25
$32.0M
Q4 24
$317.2M
Q3 24
$39.0M
Q2 24
$231.8M
$35.9M
Q1 24
$36.0M
Q4 23
$271.1M
Total Debt
NNDM
NNDM
ZKH
ZKH
Q3 25
$893.8K
Q2 25
$888.3K
Q1 25
$854.9K
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Stockholders' Equity
NNDM
NNDM
ZKH
ZKH
Q3 25
Q2 25
Q1 25
Q4 24
$860.0M
Q3 24
$60.6M
Q2 24
$870.3M
$60.7M
Q1 24
$61.5M
Q4 23
$443.2M
Total Assets
NNDM
NNDM
ZKH
ZKH
Q3 25
$123.8M
Q2 25
$120.6M
Q1 25
$116.4M
Q4 24
$902.5M
Q3 24
$132.6M
Q2 24
$911.0M
$132.9M
Q1 24
$132.5M
Q4 23
$1.0B

Cash Flow & Capital Efficiency

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

Metric
NNDM
NNDM
ZKH
ZKH
Operating Cash FlowLast quarter
$-18.9M
Free Cash FlowOCF − Capex
$-21.1M
FCF MarginFCF / Revenue
-36.5%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NNDM
NNDM
ZKH
ZKH
Q3 25
Q2 25
Q1 25
Q4 24
$-18.9M
Q3 24
Q2 24
$-30.7M
Q1 24
Q4 23
$-78.4M
Free Cash Flow
NNDM
NNDM
ZKH
ZKH
Q3 25
Q2 25
Q1 25
Q4 24
$-21.1M
Q3 24
Q2 24
Q1 24
Q4 23
$-85.3M
FCF Margin
NNDM
NNDM
ZKH
ZKH
Q3 25
Q2 25
Q1 25
Q4 24
-36.5%
Q3 24
Q2 24
Q1 24
Q4 23
-179.7%
Capex Intensity
NNDM
NNDM
ZKH
ZKH
Q3 25
Q2 25
Q1 25
Q4 24
3.8%
Q3 24
Q2 24
Q1 24
Q4 23
14.7%
Cash Conversion
NNDM
NNDM
ZKH
ZKH
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
-199.42×

Financial Flow Comparison

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

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