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Side-by-side financial comparison of MNTN, Inc. (MNTN) and NOODLES & Co (NDLS). Click either name above to swap in a different company.

MNTN, Inc. is the larger business by last-quarter revenue ($2.0B vs $122.1M, roughly 16.6× NOODLES & Co). MNTN, Inc. runs the higher net margin — 0.4% vs -7.5%, a 7.9% gap on every dollar of revenue. On growth, MNTN, Inc. posted the faster year-over-year revenue change (-0.0% vs -4.1%).

MNTN Inc. is a U.S.-headquartered advertising technology firm specializing in performance-driven connected TV (CTV) advertising solutions. It serves e-commerce, retail, and consumer goods brands, helping clients accurately measure ad campaign ROI and reach targeted audiences across streaming TV platforms in North American and European markets.

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.

MNTN vs NDLS — Head-to-Head

Bigger by revenue
MNTN
MNTN
16.6× larger
MNTN
$2.0B
$122.1M
NDLS
Growing faster (revenue YoY)
MNTN
MNTN
+4.1% gap
MNTN
-0.0%
-4.1%
NDLS
Higher net margin
MNTN
MNTN
7.9% more per $
MNTN
0.4%
-7.5%
NDLS

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
MNTN
MNTN
NDLS
NDLS
Revenue
$2.0B
$122.1M
Net Profit
$8.8M
$-9.2M
Gross Margin
100.0%
Operating Margin
97.5%
-5.2%
Net Margin
0.4%
-7.5%
Revenue YoY
-0.0%
-4.1%
Net Profit YoY
32.8%
EPS (diluted)
$0.11
$-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
MNTN
MNTN
NDLS
NDLS
Q1 26
$2.0B
Q4 25
$2.0B
Q3 25
$70.0M
$122.1M
Q2 25
$68.5M
$123.8M
Q4 24
$122.8M
Q3 24
$127.4M
Q2 24
$121.4M
Q1 24
$124.3M
Net Profit
MNTN
MNTN
NDLS
NDLS
Q1 26
$8.8M
Q4 25
$34.5M
Q3 25
$6.4M
$-9.2M
Q2 25
$-26.2M
$-9.1M
Q4 24
$-6.8M
Q3 24
$-13.6M
Q2 24
$-6.1M
Q1 24
$-6.1M
Gross Margin
MNTN
MNTN
NDLS
NDLS
Q1 26
100.0%
Q4 25
100.0%
Q3 25
78.9%
Q2 25
76.8%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
MNTN
MNTN
NDLS
NDLS
Q1 26
97.5%
Q4 25
97.5%
Q3 25
10.8%
-5.2%
Q2 25
5.4%
-5.2%
Q4 24
-3.9%
Q3 24
-9.0%
Q2 24
-3.4%
Q1 24
-3.7%
Net Margin
MNTN
MNTN
NDLS
NDLS
Q1 26
0.4%
Q4 25
1.7%
Q3 25
9.2%
-7.5%
Q2 25
-38.3%
-7.3%
Q4 24
-5.5%
Q3 24
-10.7%
Q2 24
-5.1%
Q1 24
-4.9%
EPS (diluted)
MNTN
MNTN
NDLS
NDLS
Q1 26
$0.11
Q4 25
$0.43
Q3 25
$0.08
$-0.20
Q2 25
$-0.65
$-0.20
Q4 24
$-0.15
Q3 24
$-0.30
Q2 24
$-0.14
Q1 24
$-1.64

Balance Sheet & Financial Strength

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

Metric
MNTN
MNTN
NDLS
NDLS
Cash + ST InvestmentsLiquidity on hand
$213.9M
$4.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$318.6M
$-38.9M
Total Assets
$375.1M
$280.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNTN
MNTN
NDLS
NDLS
Q1 26
$213.9M
Q4 25
$210.2M
Q3 25
$179.2M
$4.7M
Q2 25
$175.2M
$1.4M
Q4 24
$3.3M
Q3 24
$1.8M
Q2 24
$1.3M
Q1 24
$3.0M
Stockholders' Equity
MNTN
MNTN
NDLS
NDLS
Q1 26
$318.6M
Q4 25
Q3 25
$266.7M
$-38.9M
Q2 25
$238.9M
$-13.9M
Q4 24
$3.7M
Q3 24
$9.6M
Q2 24
$21.9M
Q1 24
$27.2M
Total Assets
MNTN
MNTN
NDLS
NDLS
Q1 26
$375.1M
Q4 25
$378.3M
Q3 25
$335.9M
$280.6M
Q2 25
$337.0M
$319.4M
Q4 24
$340.5M
Q3 24
$346.3M
Q2 24
$360.4M
Q1 24
$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
MNTN
MNTN
NDLS
NDLS
Operating Cash FlowLast quarter
$7.1M
$4.3M
Free Cash FlowOCF − Capex
$-2.8M
FCF MarginFCF / Revenue
-2.3%
Capex IntensityCapex / Revenue
5.8%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters
$-7.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNTN
MNTN
NDLS
NDLS
Q1 26
$7.1M
Q4 25
$56.5M
Q3 25
$9.3M
$4.3M
Q2 25
$17.6M
$4.0M
Q4 24
$5.8M
Q3 24
$4.7M
Q2 24
$7.0M
Q1 24
$164.0K
Free Cash Flow
MNTN
MNTN
NDLS
NDLS
Q1 26
Q4 25
Q3 25
$-2.8M
Q2 25
$1.1M
Q4 24
$-1.3M
Q3 24
$-4.5M
Q2 24
$-1.6M
Q1 24
$-15.2M
FCF Margin
MNTN
MNTN
NDLS
NDLS
Q1 26
Q4 25
Q3 25
-2.3%
Q2 25
0.9%
Q4 24
-1.1%
Q3 24
-3.5%
Q2 24
-1.4%
Q1 24
-12.2%
Capex Intensity
MNTN
MNTN
NDLS
NDLS
Q1 26
Q4 25
Q3 25
5.8%
Q2 25
2.4%
Q4 24
5.8%
Q3 24
7.2%
Q2 24
7.1%
Q1 24
12.3%
Cash Conversion
MNTN
MNTN
NDLS
NDLS
Q1 26
0.81×
Q4 25
1.64×
Q3 25
1.45×
Q2 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MNTN
MNTN

Segment breakdown not available.

NDLS
NDLS

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

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