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Side-by-side financial comparison of BIOLIFE SOLUTIONS INC (BLFS) and NATIONAL RESEARCH CORP (NRC). Click either name above to swap in a different company.

NATIONAL RESEARCH CORP is the larger business by last-quarter revenue ($35.2M vs $18.8M, roughly 1.9× BIOLIFE SOLUTIONS INC). BIOLIFE SOLUTIONS INC runs the higher net margin — 58.9% vs 5.1%, a 53.8% gap on every dollar of revenue. On growth, BIOLIFE SOLUTIONS INC posted the faster year-over-year revenue change (24.3% vs -4.6%). Over the past eight quarters, BIOLIFE SOLUTIONS INC's revenue compounded faster (1.0% CAGR vs -0.2%).

Biolife Solutions Inc. develops, manufactures and distributes specialized biopreservation products and cold chain management solutions for the cell and gene therapy, biopharmaceutical and regenerative medicine industries. It offers cryopreservation media, automated thawing systems, and temperature monitoring tools, serving biotech firms, research institutions and clinical labs globally.

National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.

BLFS vs NRC — Head-to-Head

Bigger by revenue
NRC
NRC
1.9× larger
NRC
$35.2M
$18.8M
BLFS
Growing faster (revenue YoY)
BLFS
BLFS
+29.0% gap
BLFS
24.3%
-4.6%
NRC
Higher net margin
BLFS
BLFS
53.8% more per $
BLFS
58.9%
5.1%
NRC
Faster 2-yr revenue CAGR
BLFS
BLFS
Annualised
BLFS
1.0%
-0.2%
NRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLFS
BLFS
NRC
NRC
Revenue
$18.8M
$35.2M
Net Profit
$11.1M
$1.8M
Gross Margin
Operating Margin
7.2%
13.3%
Net Margin
58.9%
5.1%
Revenue YoY
24.3%
-4.6%
Net Profit YoY
-11.1%
-72.6%
EPS (diluted)
$0.23
$49.58

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
BLFS
BLFS
NRC
NRC
Q4 25
$18.8M
$35.2M
Q3 25
$28.1M
$34.6M
Q2 25
$25.4M
$34.0M
Q1 25
$23.9M
$33.6M
Q4 24
$15.1M
$36.9M
Q3 24
$21.4M
$35.8M
Q2 24
$19.7M
$35.0M
Q1 24
$18.4M
$35.3M
Net Profit
BLFS
BLFS
NRC
NRC
Q4 25
$11.1M
$1.8M
Q3 25
$621.0K
$4.1M
Q2 25
$-15.8M
$-106.0K
Q1 25
$-448.0K
$5.8M
Q4 24
$12.5M
$6.6M
Q3 24
$-1.7M
$5.7M
Q2 24
$-20.7M
$6.2M
Q1 24
$-10.2M
$6.4M
Operating Margin
BLFS
BLFS
NRC
NRC
Q4 25
7.2%
13.3%
Q3 25
-0.3%
22.4%
Q2 25
-65.5%
4.7%
Q1 25
-5.1%
25.6%
Q4 24
3.6%
26.0%
Q3 24
-2.0%
22.3%
Q2 24
-6.6%
25.3%
Q1 24
-17.9%
24.8%
Net Margin
BLFS
BLFS
NRC
NRC
Q4 25
58.9%
5.1%
Q3 25
2.2%
11.9%
Q2 25
-62.3%
-0.3%
Q1 25
-1.9%
17.2%
Q4 24
82.5%
17.8%
Q3 24
-8.0%
15.9%
Q2 24
-105.1%
17.6%
Q1 24
-55.4%
18.0%
EPS (diluted)
BLFS
BLFS
NRC
NRC
Q4 25
$0.23
$49.58
Q3 25
$0.01
$0.18
Q2 25
$-0.33
$-0.01
Q1 25
$-0.01
$0.25
Q4 24
$0.27
$0.27
Q3 24
$-0.04
$0.24
Q2 24
$-0.45
$0.26
Q1 24
$-0.22
$0.27

Balance Sheet & Financial Strength

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

Metric
BLFS
BLFS
NRC
NRC
Cash + ST InvestmentsLiquidity on hand
$33.0M
$4.1M
Total DebtLower is stronger
$5.0M
Stockholders' EquityBook value
$371.9M
$14.0M
Total Assets
$405.9M
$134.9M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLFS
BLFS
NRC
NRC
Q4 25
$33.0M
$4.1M
Q3 25
$29.5M
$2.2M
Q2 25
$31.9M
$5.3M
Q1 25
$66.9M
$2.5M
Q4 24
$91.5M
$4.2M
Q3 24
$24.0M
$3.5M
Q2 24
$22.0M
$485.0K
Q1 24
$29.7M
$1.7M
Total Debt
BLFS
BLFS
NRC
NRC
Q4 25
$5.0M
Q3 25
$7.5M
Q2 25
$10.1M
Q1 25
$12.9M
Q4 24
$15.9M
Q3 24
$20.1M
$48.7M
Q2 24
$21.1M
$33.3M
Q1 24
$24.3M
$35.2M
Stockholders' Equity
BLFS
BLFS
NRC
NRC
Q4 25
$371.9M
$14.0M
Q3 25
$353.7M
$14.3M
Q2 25
$347.2M
$21.3M
Q1 25
$352.6M
$29.7M
Q4 24
$348.9M
$31.3M
Q3 24
$325.5M
$34.6M
Q2 24
$321.4M
$40.2M
Q1 24
$333.4M
$36.9M
Total Assets
BLFS
BLFS
NRC
NRC
Q4 25
$405.9M
$134.9M
Q3 25
$392.1M
$135.7M
Q2 25
$387.2M
$141.4M
Q1 25
$395.1M
$135.2M
Q4 24
$399.5M
$132.5M
Q3 24
$381.7M
$131.8M
Q2 24
$375.0M
$119.1M
Q1 24
$401.6M
$120.9M
Debt / Equity
BLFS
BLFS
NRC
NRC
Q4 25
0.01×
Q3 25
0.02×
Q2 25
0.03×
Q1 25
0.04×
Q4 24
0.05×
Q3 24
0.06×
1.41×
Q2 24
0.07×
0.83×
Q1 24
0.07×
0.95×

Cash Flow & Capital Efficiency

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

Metric
BLFS
BLFS
NRC
NRC
Operating Cash FlowLast quarter
$4.9M
$7.2M
Free Cash FlowOCF − Capex
$6.1M
FCF MarginFCF / Revenue
17.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
0.44×
3.99×
TTM Free Cash FlowTrailing 4 quarters
$15.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLFS
BLFS
NRC
NRC
Q4 25
$4.9M
$7.2M
Q3 25
$6.1M
$13.8M
Q2 25
$7.4M
$-1.1M
Q1 25
$1.7M
$6.6M
Q4 24
$1.6M
$6.4M
Q3 24
$4.8M
$9.4M
Q2 24
$6.5M
$6.8M
Q1 24
$-4.5M
$12.0M
Free Cash Flow
BLFS
BLFS
NRC
NRC
Q4 25
$6.1M
Q3 25
$10.2M
Q2 25
$-4.1M
Q1 25
$3.7M
Q4 24
$1.9M
Q3 24
$7.8M
Q2 24
$1.5M
Q1 24
$7.9M
FCF Margin
BLFS
BLFS
NRC
NRC
Q4 25
17.2%
Q3 25
29.4%
Q2 25
-12.2%
Q1 25
10.9%
Q4 24
5.2%
Q3 24
21.8%
Q2 24
4.3%
Q1 24
22.4%
Capex Intensity
BLFS
BLFS
NRC
NRC
Q4 25
3.2%
Q3 25
10.4%
Q2 25
8.8%
Q1 25
8.9%
Q4 24
12.0%
Q3 24
4.5%
Q2 24
15.0%
Q1 24
11.7%
Cash Conversion
BLFS
BLFS
NRC
NRC
Q4 25
0.44×
3.99×
Q3 25
9.83×
3.34×
Q2 25
Q1 25
1.15×
Q4 24
0.13×
0.97×
Q3 24
1.66×
Q2 24
1.10×
Q1 24
1.89×

Financial Flow Comparison

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

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