Nu Ride (NRDE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Aug 25, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NRDE SEC filings page.
This page shows Nu Ride (NRDE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash generation remains the central constraint as lower operating losses coexist with shrinking equity and dependence on non-operating cash movements.
The cash-conversion gap persisted in FY2025: net loss narrowed to$619K from$8.1M . Operating cash flow was still-$7.2M , while investing cash flow supplied$18.6M ; the improvement therefore depended more on cash movements outside operations than on self-funding.
Development spending dominated commercialization in FY2022: R&D was
The capital structure grew more fragile: equity fell from
Financial Health Signals
Nu Ride does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Nu Ride passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Nu Ride reported a net loss of $619K while operations used $7.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Nu Ride reported -$1.1M in net income in Q2 2026. This represents a decrease of 242.9% from the same quarter a year earlier. Against the prior quarter it is down 881.5%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Nu Ride held $21.5M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Nu Ride's ROE was -250.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 266.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 244.3 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
NRDE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $1.6M-7.9% | $1.5M-22.5% | N/A | $1.2M-46.9% | $1.7M+13.6% | $1.9M-63.0% | N/A | $2.3M |
| Operating Income | -$1.6M-334.2% | -$722K+59.1% | N/A | $417K+180.3% | -$357K-167.0% | -$1.8M+81.4% | N/A | -$519K+97.0% |
| Net Income | -$1.1M-242.9% | -$108K+91.1% | N/A | $955K+182.5% | $742K-49.8% | -$1.2M+85.7% | N/A | $338K+102.0% |
| EPS (Basic) | -$0.11 | -$0.05+58.3% | -$0.12+7.7% | $0.01+150.0% | $0.00-100.0% | -$0.12+78.9% | -$0.13+55.2% | -$0.02+98.1% |
| EPS (Diluted) | -$0.11 | -$0.05 | -$0.12+7.7% | $0.01+150.0% | $0.00-100.0% | -$0.12+78.9% | -$0.13+23.5% | -$0.02+98.1% |
| Diluted Shares (Avg) | 16M-8.2% | 16M | N/A | 16,0960.0% | 18M+99848.7% | 16M+100205.4% | N/A | 16,096-99.9% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax.
NRDE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $43.8M-11.9% | $44.2M-14.1% | $47.0M-11.7% | $48.6M-16.5% | $49.7M-22.0% | $51.5M-34.9% | $53.2M-42.3% | $58.3M-46.0% |
| Current Assets | $32.2M-35.3% | $35.4M-31.2% | $44.8M-15.8% | $48.6M-16.5% | $49.7M-22.0% | $51.5M-34.9% | $53.2M-42.3% | $58.3M-42.2% |
| Cash & Equivalents | $21.5M-19.8% | $25.1M-10.4% | $34.4M+49.1% | $18.2M-30.1% | $26.8M+28.1% | $28.0M+42.2% | $23.1M-73.5% | $26.1M-72.1% |
| Short-Term Investments | $7.4M-62.6% | $7.3M-63.5% | $4.7M-25.9% | $6.9M | $19.7M | $19.9M | $6.4M | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $43.3M-4.3% | $42.3M-9.1% | $44.4M-4.4% | $43.8M-12.3% | $45.3M-18.0% | $46.6M-34.8% | $46.4M-41.0% | $50.0M-47.0% |
| Current Liabilities | $799K-4.5% | $588K-31.6% | $991K-6.9% | $977K-45.0% | $837K-51.5% | $860K-92.2% | $1.1M-93.1% | $1.8M-92.1% |
| Non-Current Liabilities | $42.5M-4.3% | $41.8M-8.7% | $43.4M-4.3% | $42.9M-11.1% | $44.4M-16.9% | $45.7M-24.2% | $45.3M-28.3% | $48.2M-32.7% |
| Total Equity | $424K-90.4% | $1.9M-61.5% | $2.6M-61.7% | $4.8M-42.1% | $4.4M-48.2% | $4.9M-36.5% | $6.8M-50.0% | $8.2M-39.8% |
| Retained Earnings | -$1.2B-0.1% | -$1.2B0.0% | -$1.2B-0.1% | -$1.2B-0.1% | -$1.2B-0.1% | -$1.2B-0.1% | -$1.2B-0.7% | -$1.2B-0.6% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
NRDE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$938K+56.2% | -$2.6M-41.1% | -$1.6M+69.1% | -$1.7M+68.2% | -$2.1M+85.9% | -$1.8M+80.7% | -$5.1M+70.2% | -$5.2M+88.2% |
| Stock-Based Compensation | N/A | $186K+72.2% | N/A | N/A | N/A | $108K-96.8% | N/A | N/A |
| Investing Cash Flow | -$2.7M-747.4% | -$6.7M-167.2% | $17.8M | -$9.6M | $411K | $10.0M | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
NRDE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -250.0%-266.8pp | -5.7%+19.0pp | N/A | 20.0%+15.9pp | 16.8%-0.5pp | -24.7%+85.2pp | N/A | 4.1%+124.7pp |
| Return on Assets | -2.4%-3.9pp | -0.2%+2.1pp | N/A | 2.0%+1.4pp | 1.5%-0.8pp | -2.4%+8.4pp | N/A | 0.6%+15.9pp |
| Current Ratio | 40.25-19.1x | 60.23+0.4x | 45.16-4.8x | 49.76+17.0x | 59.36+22.4x | 59.88+52.7x | 49.98+44.0x | 32.78+28.3x |
| Debt-to-Equity | 102.19+92.0x | 22.45+12.9x | 17.09+10.2x | 9.19+3.1x | 10.23+3.8x | 9.52+0.3x | 6.84+1.0x | 6.07-0.8x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Nu Ride NRDE | FY2025 | N/A | -$619K | N/A | $27.7M | — |
| Sono Group N.V. SEVCF | FY2026 | N/A | N/A | N/A | $12.8M | — |
| Thunder Power Holdings, Inc. AIEV | FY2025 | N/A | -$2.1M | N/A | $13.7M | — |
Where Nu Ride Ranks
Frequently Asked Questions
Is Nu Ride profitable?
No, Nu Ride (NRDE) reported a net income of -$619K in fiscal year 2025.
What is Nu Ride's return on equity (ROE)?
Nu Ride (NRDE) has a return on equity of -23.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Nu Ride's operating cash flow?
Nu Ride (NRDE) recorded an outflow of $7.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Nu Ride's total assets?
Nu Ride (NRDE) had $47.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Nu Ride's current ratio?
Nu Ride (NRDE) had a current ratio of 45.16 as of fiscal year 2025, which is generally considered healthy.
What is Nu Ride's debt-to-equity ratio?
Nu Ride (NRDE) had a debt-to-equity ratio of 17.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nu Ride's return on assets (ROA)?
Nu Ride (NRDE) had a return on assets of -1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Nu Ride's P/E ratio?
Nu Ride (NRDE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $27.7M as of Aug 25, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Nu Ride's price-to-sales ratio?
Nu Ride (NRDE) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $27.7M as of Aug 25, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Nu Ride's Piotroski F-Score?
Nu Ride (NRDE) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nu Ride's earnings high quality?
Nu Ride (NRDE) reported a net loss of $619K while operations used $7.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.