KRUS
Kura Sushi USA, Inc.
KRUS offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
NIO
NIO Inc.
NIO has the edge over KRUS overall, supported by stronger fundamentals and lower modeled downside.
KRUS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Weak | |
| Healthy |
KRUS's revenue and balance sheet are currently healthy, but its profitability and cash flow are under pressure.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
KRUS PE Valuation
KRUS has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 285x next year's earnings.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
KRUS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect KRUS to return to profit, with revenue growing. However, they disagree widely on these estimates.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect NIO's losses to shrink, with revenue growing.
KRUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.09 | — |
| Q3 2026 | -$0.38 | -$0.22 |
| Q2 2026 | -$0.18 | +$0.63 |
| Q1 2026 | -$0.16 | +$0.75 |
| Q4 2025 | -$0.33 | +$0.36 |
| Q3 2025 | -$0.16 | +$0.63 |
| Q2 2025 | -$0.81 | -$0.78 |
| Q1 2025 | -$0.91 | -606% |
| Q4 2024 | -$0.69 | -506% |
KRUS is still losing money, but far less than before: $0.38 per share over the past year, against $0.91 at its worst in early 2025.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO has the edge over KRUS on earnings, with more consistent year-over-year improvement.
KRUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $88.9M | +12% |
| Q2 2026 | $85.9M | +16% |
| Q1 2026 | $80M | +23% |
| Q4 2025 | $73.5M | +14% |
| Q3 2025 | $79.4M | +20% |
| Q2 2025 | $74M | +17% |
| Q1 2025 | $64.9M | +13% |
| Q4 2024 | $64.5M | +25% |
KRUS's revenue has grown year over year for 22 quarters in a row: $89M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.7% | -2.6 points |
| Q2 2026 | -0.1% | +0.2 points |
| Q1 2026 | -2.8% | +4.3 points |
| Q4 2025 | -5% | -2.7 points |
| Q3 2025 | 1.8% | +11 points |
| Q2 2025 | -0.2% | +1.6 points |
| Q1 2025 | -7.1% | -4.1 points |
| Q4 2024 | -2.3% | +3.2 points |
KRUS has the edge over NIO on profitability, with a higher operating margin.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO's revenue has grown year over year for seven quarters in a row: $4.8B last quarter, up 69% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
KRUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$244K | -$165K |
| Q2 2026 | -$3.7M | +$3.2M |
| Q1 2026 | -$7.9M | -$576K |
| Q4 2025 | -$13.3M | -$6.1M |
| Q3 2025 | -$79K | +$9.5M |
| Q2 2025 | -$6.9M | -$4.5M |
| Q1 2025 | -$7.3M | +$2.4M |
| Q4 2024 | -$7.2M | -$226K |
KRUS has burned cash in almost every quarter: −$25M over the past year, against −$21M the year before.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the edge over KRUS on cash flow, with more consistent year-over-year improvement.
KRUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.8% | -227K shares |
| 1 year | +1.8% | +216K shares |
| 3 years | +14% | +1.5M shares |
KRUS has the edge over NIO on shareholder dilution, with a more favorable share count trend.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
KRUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.6x | Net Cash |
| Q2 2026 | -2.0x | Net Cash |
| Q1 2026 | -2.4x | Net Cash |
| Q4 2025 | -4.4x | Net Cash |
| Q3 2025 | -5.1x | Net Cash |
| Q2 2025 | -35.0x | Net Cash |
| Q4 2024 | -48.1x | Net Cash |
| Q3 2024 | -188.8x | Net Cash |
KRUS has more cash than debt.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
KRUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.5 | Neutral |
| Stochastic | 9.0 | Oversold |
KRUS's weekly RSI is 34 (neutral) and its Stochastic is 9 (oversold).
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
KRUS PE vs Consumer Cyclical Sector
| Metric | KRUS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
KRUS has no meaningful PE right now: it lost money over the past year.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
KRUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.9 | 24% below |
| 20 week MA | $42.1 | 37% below |
| 50 week MA | $52.8 | 50% below |
| 100 week MA | $61.1 | 57% below |
| 200 week MA | $71.1 | 63% below |
KRUS is in a downtrend: it's below all five of its weekly moving averages, and 63% below its 200-week average.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
KRUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.1 | $18.9 | -30% |
| 2021 | $18.9 | $78.0 | +312% |
| 2022 | $78.0 | $51.1 | -35% |
| 2023 | $51.1 | $76.0 | +49% |
| 2024 | $76.0 | $90.2 | +19% |
| 2025 | $90.2 | $56.4 | -37% |
| 2026 YTD | $56.4 | $26.5 | -53% |
KRUS has finished lower in three of the last six years. It's down 53% so far in 2026.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO has the edge over KRUS on returns for 2026, with the stronger performance.