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Side-by-side financial comparison of Maison Solutions Inc. (MSS) and NATIONAL RESEARCH CORP (NRC). Click either name above to swap in a different company.
NATIONAL RESEARCH CORP is the larger business by last-quarter revenue ($35.2M vs $27.6M, roughly 1.3× Maison Solutions Inc.). NATIONAL RESEARCH CORP runs the higher net margin — 5.1% vs -18.0%, a 23.1% gap on every dollar of revenue. On growth, NATIONAL RESEARCH CORP posted the faster year-over-year revenue change (-4.6% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs -0.2%).
Maison Solutions Inc.MSSEarnings & Financial Report
Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.
National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.
MSS vs NRC — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $27.6M | $35.2M |
| Net Profit | $-5.0M | $1.8M |
| Gross Margin | 23.4% | — |
| Operating Margin | -4.9% | 13.3% |
| Net Margin | -18.0% | 5.1% |
| Revenue YoY | -10.9% | -4.6% |
| Net Profit YoY | -1840.5% | -72.6% |
| EPS (diluted) | $-0.23 | $49.58 |
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 | $27.6M | $35.2M | ||
| Q3 25 | $27.2M | $34.6M | ||
| Q2 25 | $34.4M | $34.0M | ||
| Q1 25 | $32.3M | $33.6M | ||
| Q4 24 | $29.4M | $36.9M | ||
| Q3 24 | $28.2M | $35.8M | ||
| Q2 24 | $16.9M | $35.0M | ||
| Q1 24 | $13.6M | $35.3M |
| Q4 25 | $-5.0M | $1.8M | ||
| Q3 25 | $-1.5M | $4.1M | ||
| Q2 25 | $-287.4K | $-106.0K | ||
| Q1 25 | $1.0M | $5.8M | ||
| Q4 24 | $-256.0K | $6.6M | ||
| Q3 24 | $700.9K | $5.7M | ||
| Q2 24 | $-2.8M | $6.2M | ||
| Q1 24 | $-549.0K | $6.4M |
| Q4 25 | 23.4% | — | ||
| Q3 25 | 24.1% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 21.8% | — | ||
| Q4 24 | 26.9% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 23.4% | — |
| Q4 25 | -4.9% | 13.3% | ||
| Q3 25 | 0.7% | 22.4% | ||
| Q2 25 | -15.9% | 4.7% | ||
| Q1 25 | 3.7% | 25.6% | ||
| Q4 24 | 3.2% | 26.0% | ||
| Q3 24 | 7.3% | 22.3% | ||
| Q2 24 | -14.4% | 25.3% | ||
| Q1 24 | -2.3% | 24.8% |
| Q4 25 | -18.0% | 5.1% | ||
| Q3 25 | -5.7% | 11.9% | ||
| Q2 25 | -0.8% | -0.3% | ||
| Q1 25 | 3.1% | 17.2% | ||
| Q4 24 | -0.9% | 17.8% | ||
| Q3 24 | 2.5% | 15.9% | ||
| Q2 24 | -16.4% | 17.6% | ||
| Q1 24 | -4.0% | 18.0% |
| Q4 25 | $-0.23 | $49.58 | ||
| Q3 25 | $-0.08 | $0.18 | ||
| Q2 25 | $-0.02 | $-0.01 | ||
| Q1 25 | $0.06 | $0.25 | ||
| Q4 24 | $-0.01 | $0.27 | ||
| Q3 24 | $0.04 | $0.24 | ||
| Q2 24 | $-0.16 | $0.26 | ||
| Q1 24 | $-0.03 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.1M |
| Total DebtLower is stronger | $2.6M | — |
| Stockholders' EquityBook value | $11.6M | $14.0M |
| Total Assets | $75.4M | $134.9M |
| Debt / EquityLower = less leverage | 0.22× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.1M | ||
| Q3 25 | $1.1M | $2.2M | ||
| Q2 25 | $775.4K | $5.3M | ||
| Q1 25 | $445.4K | $2.5M | ||
| Q4 24 | $355.7K | $4.2M | ||
| Q3 24 | $588.9K | $3.5M | ||
| Q2 24 | $2.1M | $485.0K | ||
| Q1 24 | $9.4M | $1.7M |
| Q4 25 | $2.6M | — | ||
| Q3 25 | $2.6M | — | ||
| Q2 25 | $2.6M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.5M | $48.7M | ||
| Q2 24 | $2.6M | $33.3M | ||
| Q1 24 | $2.6M | $35.2M |
| Q4 25 | $11.6M | $14.0M | ||
| Q3 25 | $10.1M | $14.3M | ||
| Q2 25 | $11.7M | $21.3M | ||
| Q1 25 | $12.0M | $29.7M | ||
| Q4 24 | $10.9M | $31.3M | ||
| Q3 24 | $11.2M | $34.6M | ||
| Q2 24 | $10.5M | $40.2M | ||
| Q1 24 | $13.3M | $36.9M |
| Q4 25 | $75.4M | $134.9M | ||
| Q3 25 | $73.3M | $135.7M | ||
| Q2 25 | $77.4M | $141.4M | ||
| Q1 25 | $82.7M | $135.2M | ||
| Q4 24 | $82.7M | $132.5M | ||
| Q3 24 | $82.1M | $131.8M | ||
| Q2 24 | $82.4M | $119.1M | ||
| Q1 24 | $44.2M | $120.9M |
| Q4 25 | 0.22× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.23× | 1.41× | ||
| Q2 24 | 0.24× | 0.83× | ||
| Q1 24 | 0.19× | 0.95× |
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 | $-1.7M | $7.2M |
| Free Cash FlowOCF − Capex | — | $6.1M |
| FCF MarginFCF / Revenue | — | 17.2% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | — | 3.99× |
| TTM Free Cash FlowTrailing 4 quarters | — | $15.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.7M | $7.2M | ||
| Q3 25 | $1.1M | $13.8M | ||
| Q2 25 | $-1.6M | $-1.1M | ||
| Q1 25 | $1.7M | $6.6M | ||
| Q4 24 | $1.1M | $6.4M | ||
| Q3 24 | $3.6M | $9.4M | ||
| Q2 24 | $-2.6M | $6.8M | ||
| Q1 24 | $-1.4M | $12.0M |
| Q4 25 | — | $6.1M | ||
| Q3 25 | — | $10.2M | ||
| Q2 25 | — | $-4.1M | ||
| Q1 25 | — | $3.7M | ||
| Q4 24 | — | $1.9M | ||
| Q3 24 | — | $7.8M | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $7.9M |
| Q4 25 | — | 17.2% | ||
| Q3 25 | — | 29.4% | ||
| Q2 25 | — | -12.2% | ||
| Q1 25 | — | 10.9% | ||
| Q4 24 | — | 5.2% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | 22.4% |
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 8.9% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 4.5% | ||
| Q2 24 | — | 15.0% | ||
| Q1 24 | — | 11.7% |
| Q4 25 | — | 3.99× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.66× | 1.15× | ||
| Q4 24 | — | 0.97× | ||
| Q3 24 | 5.12× | 1.66× | ||
| Q2 24 | — | 1.10× | ||
| Q1 24 | — | 1.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MSS
| Perishables | $14.4M | 52% |
| Nonperishables | $13.2M | 48% |
NRC
Segment breakdown not available.
