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Side-by-side financial comparison of Avidia Bancorp, Inc. (AVBC) and NATHANS FAMOUS, INC. (NATH). Click either name above to swap in a different company.

NATHANS FAMOUS, INC. is the larger business by last-quarter revenue ($34.3M vs $26.8M, roughly 1.3× Avidia Bancorp, Inc.). Avidia Bancorp, Inc. runs the higher net margin — 22.9% vs 9.0%, a 13.9% gap on every dollar of revenue. Avidia Bancorp, Inc. produced more free cash flow last quarter ($24.1M vs $5.7M).

Avidia Bank is an American mutual community bank headquartered in Hudson, Massachusetts. It was founded in 2007 when it was formed by a merger between Hudson Savings Bank and Westborough Bank.

Nathan's Famous, Inc., is an American company that operates a chain of fast-food restaurants specializing in hot dogs. The original Nathan's restaurant stands at the corner of Surf and Stillwell avenues in the Coney Island neighborhood of Brooklyn, New York City. Its restaurants are primarily in the Northeastern United States. The company's headquarters are at One Jericho Plaza in Jericho, part of Oyster Bay, New York.

AVBC vs NATH — Head-to-Head

Bigger by revenue
NATH
NATH
1.3× larger
NATH
$34.3M
$26.8M
AVBC
Higher net margin
AVBC
AVBC
13.9% more per $
AVBC
22.9%
9.0%
NATH
More free cash flow
AVBC
AVBC
$18.4M more FCF
AVBC
$24.1M
$5.7M
NATH

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AVBC
AVBC
NATH
NATH
Revenue
$26.8M
$34.3M
Net Profit
$5.3M
$3.1M
Gross Margin
32.6%
Operating Margin
33.3%
14.9%
Net Margin
22.9%
9.0%
Revenue YoY
8.9%
Net Profit YoY
-31.2%
EPS (diluted)
$0.75

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
AVBC
AVBC
NATH
NATH
Q4 25
$26.8M
$34.3M
Q3 25
$28.0M
$45.7M
Q2 25
$25.9M
$47.0M
Q1 25
$22.9M
$30.8M
Q4 24
$31.5M
Q3 24
$41.1M
Q2 24
$44.8M
Q1 24
$29.0M
Net Profit
AVBC
AVBC
NATH
NATH
Q4 25
$5.3M
$3.1M
Q3 25
$-907.0K
$5.2M
Q2 25
$3.9M
$8.9M
Q1 25
$-11.6M
$4.2M
Q4 24
$4.5M
Q3 24
$6.0M
Q2 24
$9.3M
Q1 24
$3.9M
Gross Margin
AVBC
AVBC
NATH
NATH
Q4 25
32.6%
Q3 25
29.1%
Q2 25
39.5%
Q1 25
38.7%
Q4 24
37.9%
Q3 24
36.7%
Q2 24
43.6%
Q1 24
43.3%
Operating Margin
AVBC
AVBC
NATH
NATH
Q4 25
33.3%
14.9%
Q3 25
-7.0%
16.4%
Q2 25
19.4%
27.2%
Q1 25
-72.0%
20.7%
Q4 24
21.4%
Q3 24
23.4%
Q2 24
30.7%
Q1 24
23.5%
Net Margin
AVBC
AVBC
NATH
NATH
Q4 25
22.9%
9.0%
Q3 25
-3.2%
11.4%
Q2 25
15.0%
19.0%
Q1 25
-50.5%
13.8%
Q4 24
14.2%
Q3 24
14.7%
Q2 24
20.7%
Q1 24
13.5%
EPS (diluted)
AVBC
AVBC
NATH
NATH
Q4 25
$0.75
Q3 25
$-0.05
$1.26
Q2 25
$2.16
Q1 25
$1.03
Q4 24
$1.10
Q3 24
$1.47
Q2 24
$2.27
Q1 24
$0.95

Balance Sheet & Financial Strength

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

Metric
AVBC
AVBC
NATH
NATH
Cash + ST InvestmentsLiquidity on hand
$275.0M
$24.5M
Total DebtLower is stronger
$48.7M
Stockholders' EquityBook value
$379.0M
$-15.3M
Total Assets
$2.8B
$50.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVBC
AVBC
NATH
NATH
Q4 25
$275.0M
$24.5M
Q3 25
$208.3M
$32.2M
Q2 25
$592.5M
$26.9M
Q1 25
$27.8M
Q4 24
$23.7M
Q3 24
$31.2M
Q2 24
$26.0M
Q1 24
$21.0M
Total Debt
AVBC
AVBC
NATH
NATH
Q4 25
$48.7M
Q3 25
$49.3M
Q2 25
$49.9M
Q1 25
$50.5M
Q4 24
$51.1M
Q3 24
$59.6M
Q2 24
Q1 24
$59.6M
Stockholders' Equity
AVBC
AVBC
NATH
NATH
Q4 25
$379.0M
$-15.3M
Q3 25
$372.0M
$-5.9M
Q2 25
$191.4M
$-9.3M
Q1 25
$186.1M
$-16.5M
Q4 24
$-19.0M
Q3 24
$-21.3M
Q2 24
$-25.5M
Q1 24
$-32.9M
Total Assets
AVBC
AVBC
NATH
NATH
Q4 25
$2.8B
$50.9M
Q3 25
$2.8B
$62.9M
Q2 25
$3.0B
$63.4M
Q1 25
$2.7B
$53.5M
Q4 24
$48.7M
Q3 24
$57.7M
Q2 24
$58.5M
Q1 24
$48.9M

Cash Flow & Capital Efficiency

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

Metric
AVBC
AVBC
NATH
NATH
Operating Cash FlowLast quarter
$28.4M
$5.8M
Free Cash FlowOCF − Capex
$24.1M
$5.7M
FCF MarginFCF / Revenue
89.9%
16.6%
Capex IntensityCapex / Revenue
16.0%
0.2%
Cash ConversionOCF / Net Profit
5.32×
1.87×
TTM Free Cash FlowTrailing 4 quarters
$40.2M
$22.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVBC
AVBC
NATH
NATH
Q4 25
$28.4M
$5.8M
Q3 25
$24.1M
$10.2M
Q2 25
$-2.3M
$-220.0K
Q1 25
$-2.2M
$6.8M
Q4 24
$3.6M
Q3 24
$9.8M
Q2 24
$5.0M
Q1 24
$6.4M
Free Cash Flow
AVBC
AVBC
NATH
NATH
Q4 25
$24.1M
$5.7M
Q3 25
$23.3M
$10.0M
Q2 25
$-3.3M
$-335.0K
Q1 25
$-3.9M
$6.7M
Q4 24
$3.6M
Q3 24
$9.7M
Q2 24
$5.0M
Q1 24
$6.3M
FCF Margin
AVBC
AVBC
NATH
NATH
Q4 25
89.9%
16.6%
Q3 25
83.2%
21.9%
Q2 25
-12.8%
-0.7%
Q1 25
-16.9%
21.9%
Q4 24
11.4%
Q3 24
23.7%
Q2 24
11.1%
Q1 24
21.9%
Capex Intensity
AVBC
AVBC
NATH
NATH
Q4 25
16.0%
0.2%
Q3 25
3.1%
0.4%
Q2 25
3.7%
0.2%
Q1 25
7.2%
0.2%
Q4 24
0.1%
Q3 24
0.2%
Q2 24
0.1%
Q1 24
0.2%
Cash Conversion
AVBC
AVBC
NATH
NATH
Q4 25
5.32×
1.87×
Q3 25
1.95×
Q2 25
-0.60×
-0.02×
Q1 25
1.60×
Q4 24
0.81×
Q3 24
1.63×
Q2 24
0.54×
Q1 24
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVBC
AVBC

Segment breakdown not available.

NATH
NATH

Branded Product Program$23.7M69%
Product Licensing$7.4M22%
Company Operated Restaurants$1.6M5%
Franchise Fees And Royalties$1.0M3%

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