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Side-by-side financial comparison of FrontView REIT, Inc. (FVR) 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 $18.2M, roughly 1.9× FrontView REIT, Inc.). NATIONAL RESEARCH CORP runs the higher net margin — 5.1% vs 2.2%, a 2.9% gap on every dollar of revenue. On growth, FrontView REIT, Inc. posted the faster year-over-year revenue change (12.0% vs -4.6%).

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.

FVR vs NRC — Head-to-Head

Bigger by revenue
NRC
NRC
1.9× larger
NRC
$35.2M
$18.2M
FVR
Growing faster (revenue YoY)
FVR
FVR
+16.6% gap
FVR
12.0%
-4.6%
NRC
Higher net margin
NRC
NRC
2.9% more per $
NRC
5.1%
2.2%
FVR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FVR
FVR
NRC
NRC
Revenue
$18.2M
$35.2M
Net Profit
$400.0K
$1.8M
Gross Margin
Operating Margin
24.9%
13.3%
Net Margin
2.2%
5.1%
Revenue YoY
12.0%
-4.6%
Net Profit YoY
-72.6%
EPS (diluted)
$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
FVR
FVR
NRC
NRC
Q1 26
$18.2M
Q4 25
$16.5M
$35.2M
Q3 25
$16.8M
$34.6M
Q2 25
$17.6M
$34.0M
Q1 25
$16.2M
$33.6M
Q4 24
$36.9M
Q3 24
$14.5M
$35.8M
Q2 24
$35.0M
Net Profit
FVR
FVR
NRC
NRC
Q1 26
$400.0K
Q4 25
$-4.1M
$1.8M
Q3 25
$4.0M
$4.1M
Q2 25
$-2.9M
$-106.0K
Q1 25
$-833.0K
$5.8M
Q4 24
$6.6M
Q3 24
$-2.4M
$5.7M
Q2 24
$6.2M
Operating Margin
FVR
FVR
NRC
NRC
Q1 26
24.9%
Q4 25
13.3%
Q3 25
22.4%
Q2 25
4.7%
Q1 25
25.6%
Q4 24
26.0%
Q3 24
22.3%
Q2 24
25.3%
Net Margin
FVR
FVR
NRC
NRC
Q1 26
2.2%
Q4 25
-24.9%
5.1%
Q3 25
23.9%
11.9%
Q2 25
-16.5%
-0.3%
Q1 25
-5.1%
17.2%
Q4 24
17.8%
Q3 24
-16.7%
15.9%
Q2 24
17.6%
EPS (diluted)
FVR
FVR
NRC
NRC
Q1 26
Q4 25
$-0.19
$49.58
Q3 25
$0.19
$0.18
Q2 25
$-0.16
$-0.01
Q1 25
$-0.06
$0.25
Q4 24
$0.27
Q3 24
$0.24
Q2 24
$0.26

Balance Sheet & Financial Strength

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

Metric
FVR
FVR
NRC
NRC
Cash + ST InvestmentsLiquidity on hand
$9.3M
$4.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$514.2M
$14.0M
Total Assets
$869.8M
$134.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVR
FVR
NRC
NRC
Q1 26
$9.3M
Q4 25
$13.5M
$4.1M
Q3 25
$19.6M
$2.2M
Q2 25
$8.4M
$5.3M
Q1 25
$3.3M
$2.5M
Q4 24
$4.2M
Q3 24
$3.5M
Q2 24
$485.0K
Total Debt
FVR
FVR
NRC
NRC
Q1 26
Q4 25
$314.3M
Q3 25
$307.1M
Q2 25
$316.9M
Q1 25
$310.2M
Q4 24
Q3 24
$48.7M
Q2 24
$33.3M
Stockholders' Equity
FVR
FVR
NRC
NRC
Q1 26
$514.2M
Q4 25
$391.2M
$14.0M
Q3 25
$385.2M
$14.3M
Q2 25
$369.9M
$21.3M
Q1 25
$324.7M
$29.7M
Q4 24
$31.3M
Q3 24
$1.0K
$34.6M
Q2 24
$40.2M
Total Assets
FVR
FVR
NRC
NRC
Q1 26
$869.8M
Q4 25
$854.4M
$134.9M
Q3 25
$846.8M
$135.7M
Q2 25
$856.5M
$141.4M
Q1 25
$860.8M
$135.2M
Q4 24
$132.5M
Q3 24
$1.0K
$131.8M
Q2 24
$119.1M
Debt / Equity
FVR
FVR
NRC
NRC
Q1 26
Q4 25
0.80×
Q3 25
0.80×
Q2 25
0.86×
Q1 25
0.96×
Q4 24
Q3 24
1.41×
Q2 24
0.83×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVR
FVR
NRC
NRC
Q1 26
Q4 25
$42.1M
$7.2M
Q3 25
$8.3M
$13.8M
Q2 25
$9.3M
$-1.1M
Q1 25
$8.1M
$6.6M
Q4 24
$6.4M
Q3 24
$9.4M
Q2 24
$6.8M
Free Cash Flow
FVR
FVR
NRC
NRC
Q1 26
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
FCF Margin
FVR
FVR
NRC
NRC
Q1 26
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%
Capex Intensity
FVR
FVR
NRC
NRC
Q1 26
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%
Cash Conversion
FVR
FVR
NRC
NRC
Q1 26
Q4 25
3.99×
Q3 25
2.06×
3.34×
Q2 25
Q1 25
1.15×
Q4 24
0.97×
Q3 24
1.66×
Q2 24
1.10×

Financial Flow Comparison

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

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