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Side-by-side financial comparison of NATHANS FAMOUS, INC. (NATH) and SUNation Energy, Inc. (SUNE). Click either name above to swap in a different company.

NATHANS FAMOUS, INC. is the larger business by last-quarter revenue ($34.3M vs $27.2M, roughly 1.3× SUNation Energy, Inc.). SUNation Energy, Inc. runs the higher net margin — 9.6% vs 9.0%, a 0.6% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs 8.9%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% CAGR vs 8.8%).

Nathan's Famous, Inc., is an American company that operates a chain of fast-food restaurants specializing in hot dogs. The original Nathan's restaurant stands at the corner of Surf and Stillwell avenues in the Coney Island neighborhood of Brooklyn, New York City. Its restaurants are primarily in the Northeastern United States. The company's headquarters are at One Jericho Plaza in Jericho, part of Oyster Bay, New York.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

NATH vs SUNE — Head-to-Head

Bigger by revenue
NATH
NATH
1.3× larger
NATH
$34.3M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+68.1% gap
SUNE
77.0%
8.9%
NATH
Higher net margin
SUNE
SUNE
0.6% more per $
SUNE
9.6%
9.0%
NATH
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
8.8%
NATH

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
NATH
NATH
SUNE
SUNE
Revenue
$34.3M
$27.2M
Net Profit
$3.1M
$2.6M
Gross Margin
32.6%
40.7%
Operating Margin
14.9%
10.7%
Net Margin
9.0%
9.6%
Revenue YoY
8.9%
77.0%
Net Profit YoY
-31.2%
138.2%
EPS (diluted)
$0.75
$105.59

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
NATH
NATH
SUNE
SUNE
Q4 25
$34.3M
$27.2M
Q3 25
$45.7M
$19.0M
Q2 25
$47.0M
$13.1M
Q1 25
$30.8M
$12.6M
Q4 24
$31.5M
$15.4M
Q3 24
$41.1M
$14.7M
Q2 24
$44.8M
$13.5M
Q1 24
$29.0M
$13.2M
Net Profit
NATH
NATH
SUNE
SUNE
Q4 25
$3.1M
$2.6M
Q3 25
$5.2M
$-393.0K
Q2 25
$8.9M
$-9.6M
Q1 25
$4.2M
$-3.5M
Q4 24
$4.5M
$-6.8M
Q3 24
$6.0M
$-3.3M
Q2 24
$9.3M
$-6.9M
Q1 24
$3.9M
$1.2M
Gross Margin
NATH
NATH
SUNE
SUNE
Q4 25
32.6%
40.7%
Q3 25
29.1%
38.0%
Q2 25
39.5%
37.0%
Q1 25
38.7%
35.1%
Q4 24
37.9%
36.4%
Q3 24
36.7%
35.6%
Q2 24
43.6%
35.4%
Q1 24
43.3%
36.4%
Operating Margin
NATH
NATH
SUNE
SUNE
Q4 25
14.9%
10.7%
Q3 25
16.4%
-1.3%
Q2 25
27.2%
-16.6%
Q1 25
20.7%
-17.2%
Q4 24
21.4%
-42.3%
Q3 24
23.4%
-10.9%
Q2 24
30.7%
-15.0%
Q1 24
23.5%
-16.5%
Net Margin
NATH
NATH
SUNE
SUNE
Q4 25
9.0%
9.6%
Q3 25
11.4%
-2.1%
Q2 25
19.0%
-73.5%
Q1 25
13.8%
-27.7%
Q4 24
14.2%
-44.4%
Q3 24
14.7%
-22.4%
Q2 24
20.7%
-51.2%
Q1 24
13.5%
9.1%
EPS (diluted)
NATH
NATH
SUNE
SUNE
Q4 25
$0.75
$105.59
Q3 25
$1.26
$-0.12
Q2 25
$2.16
$-3.14
Q1 25
$1.03
$-106.71
Q4 24
$1.10
$41676.94
Q3 24
$1.47
$-2350.12
Q2 24
$2.27
$-11022.91
Q1 24
$0.95
$-38414.84

Balance Sheet & Financial Strength

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

Metric
NATH
NATH
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$24.5M
$7.2M
Total DebtLower is stronger
$48.7M
$6.6M
Stockholders' EquityBook value
$-15.3M
$24.3M
Total Assets
$50.9M
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATH
NATH
SUNE
SUNE
Q4 25
$24.5M
$7.2M
Q3 25
$32.2M
$5.4M
Q2 25
$26.9M
$3.2M
Q1 25
$27.8M
$1.4M
Q4 24
$23.7M
$839.3K
Q3 24
$31.2M
$1.1M
Q2 24
$26.0M
$1.0M
Q1 24
$21.0M
$1.8M
Total Debt
NATH
NATH
SUNE
SUNE
Q4 25
$48.7M
$6.6M
Q3 25
$49.3M
Q2 25
$49.9M
Q1 25
$50.5M
Q4 24
$51.1M
Q3 24
$59.6M
Q2 24
Q1 24
$59.6M
Stockholders' Equity
NATH
NATH
SUNE
SUNE
Q4 25
$-15.3M
$24.3M
Q3 25
$-5.9M
$21.7M
Q2 25
$-9.3M
$22.1M
Q1 25
$-16.5M
$14.8M
Q4 24
$-19.0M
$8.5M
Q3 24
$-21.3M
$13.1M
Q2 24
$-25.5M
$-10.9M
Q1 24
$-32.9M
$-11.2M
Total Assets
NATH
NATH
SUNE
SUNE
Q4 25
$50.9M
$48.2M
Q3 25
$62.9M
$49.6M
Q2 25
$63.4M
$44.1M
Q1 25
$53.5M
$44.4M
Q4 24
$48.7M
$45.7M
Q3 24
$57.7M
$51.0M
Q2 24
$58.5M
$52.9M
Q1 24
$48.9M
$54.7M
Debt / Equity
NATH
NATH
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
NATH
NATH
SUNE
SUNE
Operating Cash FlowLast quarter
$5.8M
$2.1M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
16.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
1.87×
0.81×
TTM Free Cash FlowTrailing 4 quarters
$22.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATH
NATH
SUNE
SUNE
Q4 25
$5.8M
$2.1M
Q3 25
$10.2M
$2.4M
Q2 25
$-220.0K
$-130.2K
Q1 25
$6.8M
$-3.4M
Q4 24
$3.6M
$-1.9M
Q3 24
$9.8M
$-968.1K
Q2 24
$5.0M
$-776.4K
Q1 24
$6.4M
$-2.6M
Free Cash Flow
NATH
NATH
SUNE
SUNE
Q4 25
$5.7M
Q3 25
$10.0M
$2.4M
Q2 25
$-335.0K
Q1 25
$6.7M
Q4 24
$3.6M
$-1.9M
Q3 24
$9.7M
$-980.3K
Q2 24
$5.0M
$-788.4K
Q1 24
$6.3M
$-2.7M
FCF Margin
NATH
NATH
SUNE
SUNE
Q4 25
16.6%
Q3 25
21.9%
12.5%
Q2 25
-0.7%
Q1 25
21.9%
Q4 24
11.4%
-12.4%
Q3 24
23.7%
-6.7%
Q2 24
11.1%
-5.8%
Q1 24
21.9%
-20.1%
Capex Intensity
NATH
NATH
SUNE
SUNE
Q4 25
0.2%
Q3 25
0.4%
0.0%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.1%
0.0%
Q3 24
0.2%
0.1%
Q2 24
0.1%
0.1%
Q1 24
0.2%
0.0%
Cash Conversion
NATH
NATH
SUNE
SUNE
Q4 25
1.87×
0.81×
Q3 25
1.95×
Q2 25
-0.02×
Q1 25
1.60×
Q4 24
0.81×
Q3 24
1.63×
Q2 24
0.54×
Q1 24
1.64×
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NATH
NATH

Branded Product Program$23.7M69%
Product Licensing$7.4M22%
Company Operated Restaurants$1.6M5%
Franchise Fees And Royalties$1.0M3%

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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