vs
Side-by-side financial comparison of Azenta, Inc. (AZTA) and NOODLES & Co (NDLS). Click either name above to swap in a different company.
Azenta, Inc. is the larger business by last-quarter revenue ($148.6M vs $122.1M, roughly 1.2× NOODLES & Co). NOODLES & Co runs the higher net margin — -7.5% vs -10.4%, a 2.9% gap on every dollar of revenue. On growth, Azenta, Inc. posted the faster year-over-year revenue change (0.8% vs -4.1%). Azenta, Inc. produced more free cash flow last quarter ($14.7M vs $-2.8M). Over the past eight quarters, Azenta, Inc.'s revenue compounded faster (4.4% CAGR vs -1.2%).
Azenta, was founded in 1978, and is based in Chelmsford, Massachusetts, United States. The company is a provider of life sciences services including genomics, cryogenic storage, automation, and informatics.
Noodles & Company is an American fast-casual restaurant that offers international and American noodle dishes in addition to soups and salads. Noodles & Company was founded in 1995 by Aaron Kennedy and is headquartered in Broomfield, Colorado. The company went public in 2013 and recorded a $457 million revenue in 2017. In mid-2022, there were 458 Noodles & Company locations across 31 states.
AZTA vs NDLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $148.6M | $122.1M |
| Net Profit | $-15.4M | $-9.2M |
| Gross Margin | 42.9% | — |
| Operating Margin | -4.9% | -5.2% |
| Net Margin | -10.4% | -7.5% |
| Revenue YoY | 0.8% | -4.1% |
| Net Profit YoY | -15.7% | 32.8% |
| EPS (diluted) | $-0.34 | $-0.20 |
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.
| Q4 25 | $148.6M | — | ||
| Q3 25 | $159.2M | $122.1M | ||
| Q2 25 | $143.9M | $123.8M | ||
| Q1 25 | $143.3M | — | ||
| Q4 24 | $147.4M | $122.8M | ||
| Q3 24 | $150.6M | $127.4M | ||
| Q2 24 | $144.3M | $121.4M | ||
| Q1 24 | $136.4M | $124.3M |
| Q4 25 | $-15.4M | — | ||
| Q3 25 | $50.9M | $-9.2M | ||
| Q2 25 | $-48.0M | $-9.1M | ||
| Q1 25 | $-47.7M | — | ||
| Q4 24 | $-11.0M | $-6.8M | ||
| Q3 24 | $-6.6M | $-13.6M | ||
| Q2 24 | $-6.6M | $-6.1M | ||
| Q1 24 | $-137.4M | $-6.1M |
| Q4 25 | 42.9% | — | ||
| Q3 25 | 45.4% | — | ||
| Q2 25 | 46.2% | — | ||
| Q1 25 | 43.8% | — | ||
| Q4 24 | 46.7% | — | ||
| Q3 24 | 45.5% | — | ||
| Q2 24 | 44.8% | — | ||
| Q1 24 | 43.8% | — |
| Q4 25 | -4.9% | — | ||
| Q3 25 | 1.2% | -5.2% | ||
| Q2 25 | -1.3% | -5.2% | ||
| Q1 25 | -12.7% | — | ||
| Q4 24 | -5.9% | -3.9% | ||
| Q3 24 | -3.1% | -9.0% | ||
| Q2 24 | -4.9% | -3.4% | ||
| Q1 24 | -18.1% | -3.7% |
| Q4 25 | -10.4% | — | ||
| Q3 25 | 32.0% | -7.5% | ||
| Q2 25 | -33.4% | -7.3% | ||
| Q1 25 | -33.3% | — | ||
| Q4 24 | -7.5% | -5.5% | ||
| Q3 24 | -4.4% | -10.7% | ||
| Q2 24 | -4.5% | -5.1% | ||
| Q1 24 | -100.8% | -4.9% |
| Q4 25 | $-0.34 | — | ||
| Q3 25 | $1.12 | $-0.20 | ||
| Q2 25 | $-1.05 | $-0.20 | ||
| Q1 25 | $-1.04 | — | ||
| Q4 24 | $-0.25 | $-0.15 | ||
| Q3 24 | $-0.25 | $-0.30 | ||
| Q2 24 | $-0.12 | $-0.14 | ||
| Q1 24 | $-2.48 | $-1.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $336.6M | $4.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $-38.9M |
| Total Assets | $2.1B | $280.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $336.6M | — | ||
| Q3 25 | $279.8M | $4.7M | ||
| Q2 25 | $270.0M | $1.4M | ||
| Q1 25 | $253.6M | — | ||
| Q4 24 | $377.5M | $3.3M | ||
| Q3 24 | $280.0M | $1.8M | ||
| Q2 24 | $336.5M | $1.3M | ||
| Q1 24 | $353.5M | $3.0M |
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | $-38.9M | ||
| Q2 25 | $1.7B | $-13.9M | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $3.7M | ||
| Q3 24 | $1.8B | $9.6M | ||
| Q2 24 | $2.0B | $21.9M | ||
| Q1 24 | $2.2B | $27.2M |
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | $280.6M | ||
| Q2 25 | $2.0B | $319.4M | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $340.5M | ||
| Q3 24 | $2.1B | $346.3M | ||
| Q2 24 | $2.3B | $360.4M | ||
| Q1 24 | $2.6B | $368.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $20.8M | $4.3M |
| Free Cash FlowOCF − Capex | $14.7M | $-2.8M |
| FCF MarginFCF / Revenue | 9.9% | -2.3% |
| Capex IntensityCapex / Revenue | 4.2% | 5.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $30.9M | $-7.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.8M | — | ||
| Q3 25 | $2.2M | $4.3M | ||
| Q2 25 | $25.8M | $4.0M | ||
| Q1 25 | $14.4M | — | ||
| Q4 24 | $29.8M | $5.8M | ||
| Q3 24 | $17.7M | $4.7M | ||
| Q2 24 | $9.8M | $7.0M | ||
| Q1 24 | $8.7M | $164.0K |
| Q4 25 | $14.7M | — | ||
| Q3 25 | $-5.7M | $-2.8M | ||
| Q2 25 | $15.0M | $1.1M | ||
| Q1 25 | $7.0M | — | ||
| Q4 24 | $22.0M | $-1.3M | ||
| Q3 24 | $8.3M | $-4.5M | ||
| Q2 24 | $1.3M | $-1.6M | ||
| Q1 24 | $428.0K | $-15.2M |
| Q4 25 | 9.9% | — | ||
| Q3 25 | -3.6% | -2.3% | ||
| Q2 25 | 10.4% | 0.9% | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | 15.0% | -1.1% | ||
| Q3 24 | 5.5% | -3.5% | ||
| Q2 24 | 0.9% | -1.4% | ||
| Q1 24 | 0.3% | -12.2% |
| Q4 25 | 4.2% | — | ||
| Q3 25 | 4.9% | 5.8% | ||
| Q2 25 | 7.5% | 2.4% | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 5.3% | 5.8% | ||
| Q3 24 | 6.2% | 7.2% | ||
| Q2 24 | 5.9% | 7.1% | ||
| Q1 24 | 6.1% | 12.3% |
| Q4 25 | — | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AZTA
| Multiomics | $67.2M | 45% |
| Core Products | $47.6M | 32% |
| Sample Repository Solutions | $33.8M | 23% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
