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Side-by-side financial comparison of HACKETT GROUP, INC. (HCKT) 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 $75.8M, roughly 1.6× HACKETT GROUP, INC.). HACKETT GROUP, INC. runs the higher net margin — 7.4% vs -7.5%, a 14.9% gap on every dollar of revenue. On growth, NOODLES & Co posted the faster year-over-year revenue change (-4.1% vs -4.4%). Over the past eight quarters, HACKETT GROUP, INC.'s revenue compounded faster (-0.9% CAGR vs -1.2%).

Hackett Limited is a British multi-channel retailer of clothing for men and boys, with a broad range of apparel and accessories. It was founded in 1983 in London, England. As of June 2019, the company had 160 stores globally, with its flagship store at 14 Savile Row in London. It is owned by both Lebanese holding company M1 Group and American L Capital Asia

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.

HCKT vs NDLS — Head-to-Head

Bigger by revenue
NDLS
NDLS
1.6× larger
NDLS
$122.1M
$75.8M
HCKT
Growing faster (revenue YoY)
NDLS
NDLS
+0.3% gap
NDLS
-4.1%
-4.4%
HCKT
Higher net margin
HCKT
HCKT
14.9% more per $
HCKT
7.4%
-7.5%
NDLS
Faster 2-yr revenue CAGR
HCKT
HCKT
Annualised
HCKT
-0.9%
-1.2%
NDLS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HCKT
HCKT
NDLS
NDLS
Revenue
$75.8M
$122.1M
Net Profit
$5.6M
$-9.2M
Gross Margin
41.7%
Operating Margin
12.0%
-5.2%
Net Margin
7.4%
-7.5%
Revenue YoY
-4.4%
-4.1%
Net Profit YoY
56.9%
32.8%
EPS (diluted)
$0.20
$-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.

Revenue
HCKT
HCKT
NDLS
NDLS
Q4 25
$75.8M
Q3 25
$73.1M
$122.1M
Q2 25
$78.9M
$123.8M
Q1 25
$77.9M
Q4 24
$79.2M
$122.8M
Q3 24
$79.8M
$127.4M
Q2 24
$77.7M
$121.4M
Q1 24
$77.2M
$124.3M
Net Profit
HCKT
HCKT
NDLS
NDLS
Q4 25
$5.6M
Q3 25
$2.5M
$-9.2M
Q2 25
$1.7M
$-9.1M
Q1 25
$3.1M
Q4 24
$3.6M
$-6.8M
Q3 24
$8.6M
$-13.6M
Q2 24
$8.7M
$-6.1M
Q1 24
$8.7M
$-6.1M
Gross Margin
HCKT
HCKT
NDLS
NDLS
Q4 25
41.7%
Q3 25
40.7%
Q2 25
35.4%
Q1 25
35.8%
Q4 24
39.4%
Q3 24
29.2%
Q2 24
27.5%
Q1 24
26.2%
Operating Margin
HCKT
HCKT
NDLS
NDLS
Q4 25
12.0%
Q3 25
7.5%
-5.2%
Q2 25
5.8%
-5.2%
Q1 25
5.7%
Q4 24
9.8%
-3.9%
Q3 24
16.0%
-9.0%
Q2 24
16.1%
-3.4%
Q1 24
14.9%
-3.7%
Net Margin
HCKT
HCKT
NDLS
NDLS
Q4 25
7.4%
Q3 25
3.5%
-7.5%
Q2 25
2.1%
-7.3%
Q1 25
4.0%
Q4 24
4.5%
-5.5%
Q3 24
10.8%
-10.7%
Q2 24
11.3%
-5.1%
Q1 24
11.3%
-4.9%
EPS (diluted)
HCKT
HCKT
NDLS
NDLS
Q4 25
$0.20
Q3 25
$0.09
$-0.20
Q2 25
$0.06
$-0.20
Q1 25
$0.11
Q4 24
$0.11
$-0.15
Q3 24
$0.31
$-0.30
Q2 24
$0.31
$-0.14
Q1 24
$0.32
$-1.64

Balance Sheet & Financial Strength

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

Metric
HCKT
HCKT
NDLS
NDLS
Cash + ST InvestmentsLiquidity on hand
$18.2M
$4.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$68.1M
$-38.9M
Total Assets
$206.4M
$280.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCKT
HCKT
NDLS
NDLS
Q4 25
$18.2M
Q3 25
$13.9M
$4.7M
Q2 25
$10.1M
$1.4M
Q1 25
$9.2M
Q4 24
$16.4M
$3.3M
Q3 24
$10.0M
$1.8M
Q2 24
$19.1M
$1.3M
Q1 24
$13.0M
$3.0M
Stockholders' Equity
HCKT
HCKT
NDLS
NDLS
Q4 25
$68.1M
Q3 25
$101.6M
$-38.9M
Q2 25
$119.8M
$-13.9M
Q1 25
$114.4M
Q4 24
$115.6M
$3.7M
Q3 24
$110.9M
$9.6M
Q2 24
$102.2M
$21.9M
Q1 24
$93.5M
$27.2M
Total Assets
HCKT
HCKT
NDLS
NDLS
Q4 25
$206.4M
Q3 25
$200.7M
$280.6M
Q2 25
$200.5M
$319.4M
Q1 25
$191.8M
Q4 24
$193.3M
$340.5M
Q3 24
$190.8M
$346.3M
Q2 24
$187.5M
$360.4M
Q1 24
$179.3M
$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
HCKT
HCKT
NDLS
NDLS
Operating Cash FlowLast quarter
$19.1M
$4.3M
Free Cash FlowOCF − Capex
$-2.8M
FCF MarginFCF / Revenue
-2.3%
Capex IntensityCapex / Revenue
5.8%
Cash ConversionOCF / Net Profit
3.41×
TTM Free Cash FlowTrailing 4 quarters
$-7.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCKT
HCKT
NDLS
NDLS
Q4 25
$19.1M
Q3 25
$11.4M
$4.3M
Q2 25
$5.6M
$4.0M
Q1 25
$4.2M
Q4 24
$20.6M
$5.8M
Q3 24
$10.6M
$4.7M
Q2 24
$13.7M
$7.0M
Q1 24
$2.8M
$164.0K
Free Cash Flow
HCKT
HCKT
NDLS
NDLS
Q4 25
Q3 25
$-2.8M
Q2 25
$3.7M
$1.1M
Q1 25
$2.6M
Q4 24
$19.6M
$-1.3M
Q3 24
$9.3M
$-4.5M
Q2 24
$12.8M
$-1.6M
Q1 24
$1.8M
$-15.2M
FCF Margin
HCKT
HCKT
NDLS
NDLS
Q4 25
Q3 25
-2.3%
Q2 25
4.7%
0.9%
Q1 25
3.4%
Q4 24
24.8%
-1.1%
Q3 24
11.7%
-3.5%
Q2 24
16.5%
-1.4%
Q1 24
2.4%
-12.2%
Capex Intensity
HCKT
HCKT
NDLS
NDLS
Q4 25
Q3 25
5.8%
Q2 25
2.4%
2.4%
Q1 25
2.0%
Q4 24
1.3%
5.8%
Q3 24
1.5%
7.2%
Q2 24
1.1%
7.1%
Q1 24
1.2%
12.3%
Cash Conversion
HCKT
HCKT
NDLS
NDLS
Q4 25
3.41×
Q3 25
4.47×
Q2 25
3.40×
Q1 25
1.33×
Q4 24
5.79×
Q3 24
1.23×
Q2 24
1.57×
Q1 24
0.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCKT
HCKT

Global S And BT$39.1M52%
Sap Solutions$22.4M30%
Consulting And Software Support And Maintenance$14.3M19%

NDLS
NDLS

Food And Beverage$119.6M98%
Franchise$2.5M2%

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