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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and NOODLES & Co (NDLS). Click either name above to swap in a different company.
NOODLES & Co is the larger business by last-quarter revenue ($122.1M vs $112.4M, roughly 1.1× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -7.5%, a 40.9% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs -4.1%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -1.2%).
Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.
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.
BY vs NDLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $112.4M | $122.1M |
| Net Profit | $37.6M | $-9.2M |
| Gross Margin | — | — |
| Operating Margin | — | -5.2% |
| Net Margin | 33.4% | -7.5% |
| Revenue YoY | 9.0% | -4.1% |
| Net Profit YoY | 33.0% | 32.8% |
| EPS (diluted) | $0.83 | $-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.
| Q1 26 | $112.4M | — | ||
| Q4 25 | $117.0M | — | ||
| Q3 25 | $115.7M | $122.1M | ||
| Q2 25 | $110.5M | $123.8M | ||
| Q1 25 | $103.1M | — | ||
| Q4 24 | $104.7M | $122.8M | ||
| Q3 24 | $101.8M | $127.4M | ||
| Q2 24 | $99.4M | $121.4M |
| Q1 26 | $37.6M | — | ||
| Q4 25 | $34.5M | — | ||
| Q3 25 | $37.2M | $-9.2M | ||
| Q2 25 | $30.1M | $-9.1M | ||
| Q1 25 | $28.2M | — | ||
| Q4 24 | $30.3M | $-6.8M | ||
| Q3 24 | $30.3M | $-13.6M | ||
| Q2 24 | $29.7M | $-6.1M |
| Q1 26 | — | — | ||
| Q4 25 | 40.1% | — | ||
| Q3 25 | 43.1% | -5.2% | ||
| Q2 25 | 35.2% | -5.2% | ||
| Q1 25 | 36.4% | — | ||
| Q4 24 | 38.6% | -3.9% | ||
| Q3 24 | 39.3% | -9.0% | ||
| Q2 24 | 40.4% | -3.4% |
| Q1 26 | 33.4% | — | ||
| Q4 25 | 34.1% | — | ||
| Q3 25 | 32.1% | -7.5% | ||
| Q2 25 | 27.2% | -7.3% | ||
| Q1 25 | 27.4% | — | ||
| Q4 24 | 34.3% | -5.5% | ||
| Q3 24 | 29.8% | -10.7% | ||
| Q2 24 | 29.9% | -5.1% |
| Q1 26 | $0.83 | — | ||
| Q4 25 | $0.77 | — | ||
| Q3 25 | $0.82 | $-0.20 | ||
| Q2 25 | $0.66 | $-0.20 | ||
| Q1 25 | $0.64 | — | ||
| Q4 24 | $0.68 | $-0.15 | ||
| Q3 24 | $0.69 | $-0.30 | ||
| Q2 24 | $0.68 | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $198.4M | $4.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $-38.9M |
| Total Assets | $9.9B | $280.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $198.4M | — | ||
| Q4 25 | $149.1M | — | ||
| Q3 25 | $259.0M | $4.7M | ||
| Q2 25 | $218.3M | $1.4M | ||
| Q1 25 | $421.3M | — | ||
| Q4 24 | $563.1M | $3.3M | ||
| Q3 24 | $452.6M | $1.8M | ||
| Q2 24 | $730.5M | $1.3M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.2B | $-38.9M | ||
| Q2 25 | $1.2B | $-13.9M | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $3.7M | ||
| Q3 24 | $1.1B | $9.6M | ||
| Q2 24 | $1.0B | $21.9M |
| Q1 26 | $9.9B | — | ||
| Q4 25 | $9.7B | — | ||
| Q3 25 | $9.8B | $280.6M | ||
| Q2 25 | $9.7B | $319.4M | ||
| Q1 25 | $9.6B | — | ||
| Q4 24 | $9.5B | $340.5M | ||
| Q3 24 | $9.4B | $346.3M | ||
| Q2 24 | $9.6B | $360.4M |
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 | — | $4.3M |
| Free Cash FlowOCF − Capex | — | $-2.8M |
| FCF MarginFCF / Revenue | — | -2.3% |
| Capex IntensityCapex / Revenue | — | 5.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-7.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.3M | — | ||
| Q3 25 | $38.3M | $4.3M | ||
| Q2 25 | $16.3M | $4.0M | ||
| Q1 25 | $27.1M | — | ||
| Q4 24 | $175.2M | $5.8M | ||
| Q3 24 | $19.8M | $4.7M | ||
| Q2 24 | $40.1M | $7.0M |
| Q1 26 | — | — | ||
| Q4 25 | $136.3M | — | ||
| Q3 25 | $38.0M | $-2.8M | ||
| Q2 25 | $15.2M | $1.1M | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $171.2M | $-1.3M | ||
| Q3 24 | $19.1M | $-4.5M | ||
| Q2 24 | $39.4M | $-1.6M |
| Q1 26 | — | — | ||
| Q4 25 | 116.5% | — | ||
| Q3 25 | 32.8% | -2.3% | ||
| Q2 25 | 13.7% | 0.9% | ||
| Q1 25 | 24.3% | — | ||
| Q4 24 | 163.5% | -1.1% | ||
| Q3 24 | 18.8% | -3.5% | ||
| Q2 24 | 39.7% | -1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | — | ||
| Q3 25 | 0.3% | 5.8% | ||
| Q2 25 | 1.0% | 2.4% | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 3.8% | 5.8% | ||
| Q3 24 | 0.6% | 7.2% | ||
| Q2 24 | 0.7% | 7.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.06× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 5.78× | — | ||
| Q3 24 | 0.65× | — | ||
| Q2 24 | 1.35× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BY
Segment breakdown not available.
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
