vs
Side-by-side financial comparison of InvenTrust Properties Corp. (IVT) 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 $77.4M, roughly 1.6× InvenTrust Properties Corp.). InvenTrust Properties Corp. runs the higher net margin — 3.4% vs -7.5%, a 10.9% gap on every dollar of revenue. On growth, InvenTrust Properties Corp. posted the faster year-over-year revenue change (8.6% vs -4.1%). InvenTrust Properties Corp. produced more free cash flow last quarter ($110.9M vs $-2.8M). Over the past eight quarters, InvenTrust Properties Corp.'s revenue compounded faster (7.6% CAGR vs -1.2%).
InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.
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.
IVT vs NDLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $77.4M | $122.1M |
| Net Profit | $2.7M | $-9.2M |
| Gross Margin | — | — |
| Operating Margin | -11.0% | -5.2% |
| Net Margin | 3.4% | -7.5% |
| Revenue YoY | 8.6% | -4.1% |
| Net Profit YoY | -72.8% | 32.8% |
| EPS (diluted) | $0.02 | $-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 | $77.4M | — | ||
| Q3 25 | $74.5M | $122.1M | ||
| Q2 25 | $73.6M | $123.8M | ||
| Q1 25 | $73.8M | — | ||
| Q4 24 | $71.2M | $122.8M | ||
| Q3 24 | $68.5M | $127.4M | ||
| Q2 24 | $67.4M | $121.4M | ||
| Q1 24 | $66.8M | $124.3M |
| Q4 25 | $2.7M | — | ||
| Q3 25 | $6.0M | $-9.2M | ||
| Q2 25 | $95.9M | $-9.1M | ||
| Q1 25 | $6.8M | — | ||
| Q4 24 | $9.8M | $-6.8M | ||
| Q3 24 | $-539.0K | $-13.6M | ||
| Q2 24 | $1.5M | $-6.1M | ||
| Q1 24 | $2.9M | $-6.1M |
| Q4 25 | -11.0% | — | ||
| Q3 25 | -9.8% | -5.2% | ||
| Q2 25 | — | -5.2% | ||
| Q1 25 | -10.5% | — | ||
| Q4 24 | -3.6% | -3.9% | ||
| Q3 24 | -18.7% | -9.0% | ||
| Q2 24 | -13.6% | -3.4% | ||
| Q1 24 | -13.1% | -3.7% |
| Q4 25 | 3.4% | — | ||
| Q3 25 | 8.1% | -7.5% | ||
| Q2 25 | 130.4% | -7.3% | ||
| Q1 25 | 9.2% | — | ||
| Q4 24 | 13.8% | -5.5% | ||
| Q3 24 | -0.8% | -10.7% | ||
| Q2 24 | 2.2% | -5.1% | ||
| Q1 24 | 4.3% | -4.9% |
| Q4 25 | $0.02 | — | ||
| Q3 25 | $0.08 | $-0.20 | ||
| Q2 25 | $1.23 | $-0.20 | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.14 | $-0.15 | ||
| Q3 24 | $-0.01 | $-0.30 | ||
| Q2 24 | $0.02 | $-0.14 | ||
| Q1 24 | $0.04 | $-1.64 |
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 | $825.9M | — |
| Stockholders' EquityBook value | $1.8B | $-38.9M |
| Total Assets | $2.8B | $280.6M |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $1.4M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.3M | ||
| Q3 24 | — | $1.8M | ||
| Q2 24 | — | $1.3M | ||
| Q1 24 | — | $3.0M |
| Q4 25 | $825.9M | — | ||
| Q3 25 | $764.6M | — | ||
| Q2 25 | $746.3M | — | ||
| Q1 25 | $740.7M | — | ||
| Q4 24 | $740.4M | — | ||
| Q3 24 | $740.1M | — | ||
| Q2 24 | $812.2M | — | ||
| Q1 24 | $827.5M | — |
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | $-38.9M | ||
| Q2 25 | $1.8B | $-13.9M | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.8B | $3.7M | ||
| Q3 24 | $1.8B | $9.6M | ||
| Q2 24 | $1.5B | $21.9M | ||
| Q1 24 | $1.5B | $27.2M |
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | $280.6M | ||
| Q2 25 | $2.7B | $319.4M | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | $340.5M | ||
| Q3 24 | $2.6B | $346.3M | ||
| Q2 24 | $2.5B | $360.4M | ||
| Q1 24 | $2.5B | $368.1M |
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | 0.42× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.53× | — | ||
| Q1 24 | 0.53× | — |
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 | $155.4M | $4.3M |
| Free Cash FlowOCF − Capex | $110.9M | $-2.8M |
| FCF MarginFCF / Revenue | 143.3% | -2.3% |
| Capex IntensityCapex / Revenue | 57.5% | 5.8% |
| Cash ConversionOCF / Net Profit | 58.41× | — |
| TTM Free Cash FlowTrailing 4 quarters | $193.1M | $-7.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $155.4M | — | ||
| Q3 25 | $43.8M | $4.3M | ||
| Q2 25 | $48.7M | $4.0M | ||
| Q1 25 | $20.2M | — | ||
| Q4 24 | $136.9M | $5.8M | ||
| Q3 24 | $38.4M | $4.7M | ||
| Q2 24 | $46.7M | $7.0M | ||
| Q1 24 | $14.8M | $164.0K |
| Q4 25 | $110.9M | — | ||
| Q3 25 | $31.4M | $-2.8M | ||
| Q2 25 | $38.0M | $1.1M | ||
| Q1 25 | $12.8M | — | ||
| Q4 24 | $100.8M | $-1.3M | ||
| Q3 24 | $29.3M | $-4.5M | ||
| Q2 24 | $37.2M | $-1.6M | ||
| Q1 24 | $7.7M | $-15.2M |
| Q4 25 | 143.3% | — | ||
| Q3 25 | 42.2% | -2.3% | ||
| Q2 25 | 51.6% | 0.9% | ||
| Q1 25 | 17.4% | — | ||
| Q4 24 | 141.5% | -1.1% | ||
| Q3 24 | 42.8% | -3.5% | ||
| Q2 24 | 55.2% | -1.4% | ||
| Q1 24 | 11.5% | -12.2% |
| Q4 25 | 57.5% | — | ||
| Q3 25 | 16.7% | 5.8% | ||
| Q2 25 | 14.6% | 2.4% | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | 50.7% | 5.8% | ||
| Q3 24 | 13.3% | 7.2% | ||
| Q2 24 | 14.0% | 7.1% | ||
| Q1 24 | 10.6% | 12.3% |
| Q4 25 | 58.41× | — | ||
| Q3 25 | 7.27× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 2.97× | — | ||
| Q4 24 | 13.97× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 31.15× | — | ||
| Q1 24 | 5.10× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IVT
Segment breakdown not available.
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
