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Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) 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 $93.1M, roughly 1.3× HIVE Digital Technologies Ltd.). NOODLES & Co runs the higher net margin — -7.5% vs -98.1%, a 90.6% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs -4.1%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs -1.2%).
Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.
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.
HIVE vs NDLS — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $93.1M | $122.1M |
| Net Profit | $-91.3M | $-9.2M |
| Gross Margin | -27.1% | — |
| Operating Margin | — | -5.2% |
| Net Margin | -98.1% | -7.5% |
| Revenue YoY | 218.6% | -4.1% |
| Net Profit YoY | -234.0% | 32.8% |
| EPS (diluted) | $-0.38 | $-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 | $93.1M | — | ||
| Q3 25 | $87.3M | $122.1M | ||
| Q2 25 | $45.6M | $123.8M | ||
| Q4 24 | $29.2M | $122.8M | ||
| Q3 24 | $22.6M | $127.4M | ||
| Q2 24 | $32.2M | $121.4M | ||
| Q1 24 | — | $124.3M | ||
| Q4 23 | $22.8M | $127.9M |
| Q4 25 | $-91.3M | — | ||
| Q3 25 | $-15.8M | $-9.2M | ||
| Q2 25 | $35.0M | $-9.1M | ||
| Q4 24 | $68.2M | $-6.8M | ||
| Q3 24 | $80.0K | $-13.6M | ||
| Q2 24 | $-18.3M | $-6.1M | ||
| Q1 24 | — | $-6.1M | ||
| Q4 23 | $-24.5M | $700.0K |
| Q4 25 | -27.1% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | -13.6% | — | ||
| Q4 24 | -43.7% | — | ||
| Q3 24 | -66.1% | — | ||
| Q2 24 | -7.4% | — | ||
| Q1 24 | — | — | ||
| Q4 23 | -52.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -5.2% | ||
| Q2 25 | — | -5.2% | ||
| Q4 24 | — | -3.9% | ||
| Q3 24 | — | -9.0% | ||
| Q2 24 | — | -3.4% | ||
| Q1 24 | — | -3.7% | ||
| Q4 23 | — | 1.6% |
| Q4 25 | -98.1% | — | ||
| Q3 25 | -18.1% | -7.5% | ||
| Q2 25 | 76.8% | -7.3% | ||
| Q4 24 | 233.2% | -5.5% | ||
| Q3 24 | 0.4% | -10.7% | ||
| Q2 24 | -56.7% | -5.1% | ||
| Q1 24 | — | -4.9% | ||
| Q4 23 | -107.8% | 0.5% |
| Q4 25 | $-0.38 | — | ||
| Q3 25 | $-0.07 | $-0.20 | ||
| Q2 25 | $0.18 | $-0.20 | ||
| Q4 24 | $0.52 | $-0.15 | ||
| Q3 24 | $0.00 | $-0.30 | ||
| Q2 24 | $-0.17 | $-0.14 | ||
| Q1 24 | — | $-1.64 | ||
| Q4 23 | $-0.29 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $559.3M | $-38.9M |
| Total Assets | $624.0M | $280.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $1.4M | ||
| Q4 24 | $40.5M | $3.3M | ||
| Q3 24 | $31.7M | $1.8M | ||
| Q2 24 | — | $1.3M | ||
| Q1 24 | — | $3.0M | ||
| Q4 23 | $4.5M | $2.5M |
| Q4 25 | $559.3M | — | ||
| Q3 25 | $624.6M | $-38.9M | ||
| Q2 25 | $560.5M | $-13.9M | ||
| Q4 24 | $430.9M | $3.7M | ||
| Q3 24 | $275.5M | $9.6M | ||
| Q2 24 | $268.6M | $21.9M | ||
| Q1 24 | — | $27.2M | ||
| Q4 23 | $122.9M | $32.5M |
| Q4 25 | $624.0M | — | ||
| Q3 25 | $693.0M | $280.6M | ||
| Q2 25 | $628.7M | $319.4M | ||
| Q4 24 | $478.6M | $340.5M | ||
| Q3 24 | $334.7M | $346.3M | ||
| Q2 24 | — | $360.4M | ||
| Q1 24 | — | $368.1M | ||
| Q4 23 | — | $368.8M |
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 | $46.0M | $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.
| Q4 25 | $46.0M | — | ||
| Q3 25 | $-10.6M | $4.3M | ||
| Q2 25 | $10.2M | $4.0M | ||
| Q4 24 | $-28.5M | $5.8M | ||
| Q3 24 | $-2.2M | $4.7M | ||
| Q2 24 | $-4.4M | $7.0M | ||
| Q1 24 | — | $164.0K | ||
| Q4 23 | — | $16.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-2.8M | ||
| Q2 25 | — | $1.1M | ||
| Q4 24 | $-55.5M | $-1.3M | ||
| Q3 24 | $-34.7M | $-4.5M | ||
| Q2 24 | — | $-1.6M | ||
| Q1 24 | — | $-15.2M | ||
| Q4 23 | — | $4.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | -2.3% | ||
| Q2 25 | — | 0.9% | ||
| Q4 24 | -189.9% | -1.1% | ||
| Q3 24 | -153.4% | -3.5% | ||
| Q2 24 | — | -1.4% | ||
| Q1 24 | — | -12.2% | ||
| Q4 23 | — | 3.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 2.4% | ||
| Q4 24 | 92.5% | 5.8% | ||
| Q3 24 | 143.9% | 7.2% | ||
| Q2 24 | — | 7.1% | ||
| Q1 24 | — | 12.3% | ||
| Q4 23 | — | 10.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.29× | — | ||
| Q4 24 | -0.42× | — | ||
| Q3 24 | -26.94× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | 24.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HIVE
Segment breakdown not available.
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
