NIO
NIO Inc.
NIO has a slight edge over VFS overall, supported by stronger fundamentals.
VFS
VinFast Auto Ltd.
VFS's outlook is improving, though it still trails on the overall score.
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.
VFS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
VFS's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
VFS PE Valuation
VFS has no meaningful PE right now: it lost money over the past year.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over VFS on the outlook, with more favorable earnings expectations.
VFS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect VFS's revenue to grow and its profitability to improve, with its earnings holding steady.
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 VFS on earnings, with more consistent year-over-year improvement.
VFS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$2.09 | -$0.73 |
| Q1 2026 | -$1.79 | -$0.45 |
| Q4 2025 | -$1.62 | -$0.33 |
| Q3 2025 | -$1.54 | -$0.45 |
| Q2 2025 | -$1.36 | -$0.24 |
| Q1 2025 | -$1.34 | -$0.32 |
| Q4 2024 | -$1.29 | -$0.28 |
| Q3 2024 | -$1.09 | -$0.13 |
VFS lost $2.09 per share over the past year, a bigger loss than the year before.
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 has the edge over VFS on profitability, with a higher operating margin.
VFS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.2B | +83% |
| Q1 2026 | $900.2M | +42% |
| Q4 2025 | $1.5B | +139% |
| Q3 2025 | $705M | +47% |
| Q2 2025 | $646.9M | +92% |
| Q1 2025 | $635.1M | +150% |
| Q4 2024 | $642.5M | +70% |
| Q3 2024 | $480.1M | +49% |
VFS has the edge over NIO on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -93% | -14 points |
| Q1 2026 | -99% | -25 points |
| Q4 2025 | -74% | +71 points |
| Q3 2025 | -96% | -30 points |
| Q2 2025 | -79% | +76 points |
| Q1 2025 | -74% | +80 points |
| Q4 2024 | -145% | -14 points |
| Q3 2024 | -66% | +42 points |
VFS's operating margin was −93% last quarter, down 14 points from the same quarter a year ago.
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 VFS on cash flow, with more consistent year-over-year improvement.
VFS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$924.2M | -$265.9M |
| Q1 2026 | -$713.8M | +$15.6M |
| Q4 2025 | -$546.8M | -$348.2M |
| Q3 2025 | -$692.2M | -$132.8M |
| Q2 2025 | -$658.3M | -$250.1M |
| Q1 2025 | -$729.5M | -$58.9M |
| Q4 2024 | -$198.6M | +$317.5M |
| Q3 2024 | -$559.4M | +$560.3M |
VFS has burned cash in almost every quarter: −$2.9B over the past year, against −$2.1B the year before.
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.
VFS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | +723K shares |
| 3 years | +0.7% | +17.3M shares |
VFS has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $39.00 |
VFS hasn't bought back shares in the past year.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
VFS Net Leverage
VFS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
VFS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.7 | Neutral |
| Stochastic | 50.6 | Neutral |
VFS's weekly RSI is 45 (neutral) and its Stochastic is 51 (neutral).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
VFS PE vs Consumer Cyclical Sector
VFS has no meaningful PE right now: it lost money over the past year.
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.
VFS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.13 | 2.2% below |
| 20 week MA | $3.13 | 2.2% below |
| 50 week MA | $3.35 | 8.7% below |
| 100 week MA | $3.43 | 11% below |
| 200 week MA | $5.71 | 46% below |
VFS is in a downtrend: it's below all five of its weekly moving averages, and 46% below its 200-week average.
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's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.
VFS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $9.68 | $9.68 | 0% |
| 2022 | $9.68 | $10.0 | +3.5% |
| 2023 | $10.0 | $8.37 | -16% |
| 2024 | $8.37 | $4.32 | -48% |
| 2025 | $4.32 | $3.39 | -22% |
| 2026 YTD | $3.39 | $3.06 | -9.7% |
VFS has the edge over NIO on returns for 2026, with the stronger performance.