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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) 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 $70.6M, roughly 1.7× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs -7.5%, a 24.8% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs -4.1%). Over the past eight quarters, MEDALLION FINANCIAL CORP's revenue compounded faster (15.0% CAGR vs -1.2%).

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

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.

MFIN vs NDLS — Head-to-Head

Bigger by revenue
NDLS
NDLS
1.7× larger
NDLS
$122.1M
$70.6M
MFIN
Growing faster (revenue YoY)
MFIN
MFIN
+29.6% gap
MFIN
25.4%
-4.1%
NDLS
Higher net margin
MFIN
MFIN
24.8% more per $
MFIN
17.3%
-7.5%
NDLS
Faster 2-yr revenue CAGR
MFIN
MFIN
Annualised
MFIN
15.0%
-1.2%
NDLS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
MFIN
MFIN
NDLS
NDLS
Revenue
$70.6M
$122.1M
Net Profit
$12.2M
$-9.2M
Gross Margin
Operating Margin
29.3%
-5.2%
Net Margin
17.3%
-7.5%
Revenue YoY
25.4%
-4.1%
Net Profit YoY
20.3%
32.8%
EPS (diluted)
$0.50
$-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
MFIN
MFIN
NDLS
NDLS
Q4 25
$70.6M
Q3 25
$58.7M
$122.1M
Q2 25
$62.6M
$123.8M
Q1 25
$63.0M
Q4 24
$56.3M
$122.8M
Q3 24
$53.3M
$127.4M
Q2 24
$51.0M
$121.4M
Q1 24
$53.3M
$124.3M
Net Profit
MFIN
MFIN
NDLS
NDLS
Q4 25
$12.2M
Q3 25
$7.8M
$-9.2M
Q2 25
$11.1M
$-9.1M
Q1 25
$12.0M
Q4 24
$10.1M
$-6.8M
Q3 24
$8.6M
$-13.6M
Q2 24
$7.1M
$-6.1M
Q1 24
$10.0M
$-6.1M
Operating Margin
MFIN
MFIN
NDLS
NDLS
Q4 25
29.3%
Q3 25
33.2%
-5.2%
Q2 25
31.1%
-5.2%
Q1 25
32.1%
Q4 24
32.8%
-3.9%
Q3 24
26.6%
-9.0%
Q2 24
24.3%
-3.4%
Q1 24
33.6%
-3.7%
Net Margin
MFIN
MFIN
NDLS
NDLS
Q4 25
17.3%
Q3 25
13.2%
-7.5%
Q2 25
17.7%
-7.3%
Q1 25
19.1%
Q4 24
18.0%
-5.5%
Q3 24
16.1%
-10.7%
Q2 24
13.9%
-5.1%
Q1 24
18.8%
-4.9%
EPS (diluted)
MFIN
MFIN
NDLS
NDLS
Q4 25
$0.50
Q3 25
$0.32
$-0.20
Q2 25
$0.46
$-0.20
Q1 25
$0.50
Q4 24
$0.43
$-0.15
Q3 24
$0.37
$-0.30
Q2 24
$0.30
$-0.14
Q1 24
$0.42
$-1.64

Balance Sheet & Financial Strength

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

Metric
MFIN
MFIN
NDLS
NDLS
Cash + ST InvestmentsLiquidity on hand
$136.3M
$4.7M
Total DebtLower is stronger
$216.0M
Stockholders' EquityBook value
$408.6M
$-38.9M
Total Assets
$3.0B
$280.6M
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFIN
MFIN
NDLS
NDLS
Q4 25
$136.3M
Q3 25
$72.5M
$4.7M
Q2 25
$110.4M
$1.4M
Q1 25
$131.5M
Q4 24
$98.2M
$3.3M
Q3 24
$120.6M
$1.8M
Q2 24
$87.7M
$1.3M
Q1 24
$54.8M
$3.0M
Total Debt
MFIN
MFIN
NDLS
NDLS
Q4 25
$216.0M
Q3 25
$215.7M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
Q3 24
$232.0M
Q2 24
$230.8M
Q1 24
$225.6M
Stockholders' Equity
MFIN
MFIN
NDLS
NDLS
Q4 25
$408.6M
Q3 25
$397.4M
$-38.9M
Q2 25
$389.9M
$-13.9M
Q1 25
$380.2M
Q4 24
$370.2M
$3.7M
Q3 24
$362.4M
$9.6M
Q2 24
$354.0M
$21.9M
Q1 24
$349.0M
$27.2M
Total Assets
MFIN
MFIN
NDLS
NDLS
Q4 25
$3.0B
Q3 25
$2.9B
$280.6M
Q2 25
$2.9B
$319.4M
Q1 25
$2.8B
Q4 24
$2.9B
$340.5M
Q3 24
$2.9B
$346.3M
Q2 24
$2.8B
$360.4M
Q1 24
$2.6B
$368.1M
Debt / Equity
MFIN
MFIN
NDLS
NDLS
Q4 25
0.53×
Q3 25
0.54×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.65×

Cash Flow & Capital Efficiency

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

Metric
MFIN
MFIN
NDLS
NDLS
Operating Cash FlowLast quarter
$126.3M
$4.3M
Free Cash FlowOCF − Capex
$-2.8M
FCF MarginFCF / Revenue
-2.3%
Capex IntensityCapex / Revenue
5.8%
Cash ConversionOCF / Net Profit
10.35×
TTM Free Cash FlowTrailing 4 quarters
$-7.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFIN
MFIN
NDLS
NDLS
Q4 25
$126.3M
Q3 25
$67.0M
$4.3M
Q2 25
$-10.7M
$4.0M
Q1 25
$36.3M
Q4 24
$108.7M
$5.8M
Q3 24
$24.6M
$4.7M
Q2 24
$27.6M
$7.0M
Q1 24
$32.3M
$164.0K
Free Cash Flow
MFIN
MFIN
NDLS
NDLS
Q4 25
Q3 25
$-2.8M
Q2 25
$1.1M
Q1 25
Q4 24
$-1.3M
Q3 24
$-4.5M
Q2 24
$-1.6M
Q1 24
$-15.2M
FCF Margin
MFIN
MFIN
NDLS
NDLS
Q4 25
Q3 25
-2.3%
Q2 25
0.9%
Q1 25
Q4 24
-1.1%
Q3 24
-3.5%
Q2 24
-1.4%
Q1 24
-12.2%
Capex Intensity
MFIN
MFIN
NDLS
NDLS
Q4 25
Q3 25
5.8%
Q2 25
2.4%
Q1 25
Q4 24
5.8%
Q3 24
7.2%
Q2 24
7.1%
Q1 24
12.3%
Cash Conversion
MFIN
MFIN
NDLS
NDLS
Q4 25
10.35×
Q3 25
8.63×
Q2 25
-0.97×
Q1 25
3.02×
Q4 24
10.72×
Q3 24
2.86×
Q2 24
3.89×
Q1 24
3.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MFIN
MFIN

Segment breakdown not available.

NDLS
NDLS

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

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