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Side-by-side financial comparison of NOODLES & Co (NDLS) and Nisun International Enterprise Development Group Co., Ltd (NISN). Click either name above to swap in a different company.

Nisun International Enterprise Development Group Co., Ltd is the larger business by last-quarter revenue ($192.5M vs $122.1M, roughly 1.6× NOODLES & Co). Nisun International Enterprise Development Group Co., Ltd runs the higher net margin — 5.4% vs -7.5%, a 12.9% gap on every dollar of revenue. On growth, Nisun International Enterprise Development Group Co., Ltd posted the faster year-over-year revenue change (0.0% vs -4.1%). NOODLES & Co produced more free cash flow last quarter ($-2.8M vs $-69.4M).

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.

Nisun International Enterprise Development Group Co., Ltd. offers integrated supply chain management solutions, fintech services, and industrial digitalization tools. It mainly serves small and medium-sized enterprises across various sectors in the Chinese market, focusing on boosting supply chain efficiency, cutting operational costs, and supporting clients' digital transformation initiatives.

NDLS vs NISN — Head-to-Head

Bigger by revenue
NISN
NISN
1.6× larger
NISN
$192.5M
$122.1M
NDLS
Growing faster (revenue YoY)
NISN
NISN
+4.1% gap
NISN
0.0%
-4.1%
NDLS
Higher net margin
NISN
NISN
12.9% more per $
NISN
5.4%
-7.5%
NDLS
More free cash flow
NDLS
NDLS
$66.5M more FCF
NDLS
$-2.8M
$-69.4M
NISN

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
NDLS
NDLS
NISN
NISN
Revenue
$122.1M
$192.5M
Net Profit
$-9.2M
$10.3M
Gross Margin
9.0%
Operating Margin
-5.2%
Net Margin
-7.5%
5.4%
Revenue YoY
-4.1%
0.0%
Net Profit YoY
32.8%
0.2%
EPS (diluted)
$-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
NDLS
NDLS
NISN
NISN
Q3 25
$122.1M
Q2 25
$123.8M
$192.5M
Q4 24
$122.8M
Q3 24
$127.4M
Q2 24
$121.4M
$192.5M
Q1 24
$124.3M
Q4 23
$127.9M
Q3 23
$125.2M
Net Profit
NDLS
NDLS
NISN
NISN
Q3 25
$-9.2M
Q2 25
$-9.1M
$10.3M
Q4 24
$-6.8M
Q3 24
$-13.6M
Q2 24
$-6.1M
$10.3M
Q1 24
$-6.1M
Q4 23
$700.0K
Q3 23
$-1.3M
Gross Margin
NDLS
NDLS
NISN
NISN
Q3 25
Q2 25
9.0%
Q4 24
Q3 24
Q2 24
9.0%
Q1 24
Q4 23
Q3 23
Operating Margin
NDLS
NDLS
NISN
NISN
Q3 25
-5.2%
Q2 25
-5.2%
Q4 24
-3.9%
Q3 24
-9.0%
Q2 24
-3.4%
6.0%
Q1 24
-3.7%
Q4 23
1.6%
Q3 23
-0.2%
Net Margin
NDLS
NDLS
NISN
NISN
Q3 25
-7.5%
Q2 25
-7.3%
5.4%
Q4 24
-5.5%
Q3 24
-10.7%
Q2 24
-5.1%
5.4%
Q1 24
-4.9%
Q4 23
0.5%
Q3 23
-1.0%
EPS (diluted)
NDLS
NDLS
NISN
NISN
Q3 25
$-0.20
Q2 25
$-0.20
Q4 24
$-0.15
Q3 24
$-0.30
Q2 24
$-0.14
Q1 24
$-1.64
Q4 23
$0.02
Q3 23
$-0.03

Balance Sheet & Financial Strength

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

Metric
NDLS
NDLS
NISN
NISN
Cash + ST InvestmentsLiquidity on hand
$4.7M
$45.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-38.9M
$211.1M
Total Assets
$280.6M
$271.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NDLS
NDLS
NISN
NISN
Q3 25
$4.7M
Q2 25
$1.4M
$45.0M
Q4 24
$3.3M
Q3 24
$1.8M
Q2 24
$1.3M
$55.9M
Q1 24
$3.0M
Q4 23
$2.5M
Q3 23
$3.1M
Stockholders' Equity
NDLS
NDLS
NISN
NISN
Q3 25
$-38.9M
Q2 25
$-13.9M
$211.1M
Q4 24
$3.7M
Q3 24
$9.6M
Q2 24
$21.9M
$204.5M
Q1 24
$27.2M
Q4 23
$32.5M
Q3 23
$36.1M
Total Assets
NDLS
NDLS
NISN
NISN
Q3 25
$280.6M
Q2 25
$319.4M
$271.4M
Q4 24
$340.5M
Q3 24
$346.3M
Q2 24
$360.4M
$268.8M
Q1 24
$368.1M
Q4 23
$368.8M
Q3 23
$357.6M

Cash Flow & Capital Efficiency

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

Metric
NDLS
NDLS
NISN
NISN
Operating Cash FlowLast quarter
$4.3M
$-69.3M
Free Cash FlowOCF − Capex
$-2.8M
$-69.4M
FCF MarginFCF / Revenue
-2.3%
-36.0%
Capex IntensityCapex / Revenue
5.8%
0.0%
Cash ConversionOCF / Net Profit
-6.72×
TTM Free Cash FlowTrailing 4 quarters
$-7.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NDLS
NDLS
NISN
NISN
Q3 25
$4.3M
Q2 25
$4.0M
$-69.3M
Q4 24
$5.8M
Q3 24
$4.7M
Q2 24
$7.0M
$-69.3M
Q1 24
$164.0K
Q4 23
$16.9M
Q3 23
$3.2M
Free Cash Flow
NDLS
NDLS
NISN
NISN
Q3 25
$-2.8M
Q2 25
$1.1M
$-69.4M
Q4 24
$-1.3M
Q3 24
$-4.5M
Q2 24
$-1.6M
$-69.4M
Q1 24
$-15.2M
Q4 23
$4.1M
Q3 23
$-10.3M
FCF Margin
NDLS
NDLS
NISN
NISN
Q3 25
-2.3%
Q2 25
0.9%
-36.0%
Q4 24
-1.1%
Q3 24
-3.5%
Q2 24
-1.4%
-36.0%
Q1 24
-12.2%
Q4 23
3.2%
Q3 23
-8.2%
Capex Intensity
NDLS
NDLS
NISN
NISN
Q3 25
5.8%
Q2 25
2.4%
0.0%
Q4 24
5.8%
Q3 24
7.2%
Q2 24
7.1%
0.0%
Q1 24
12.3%
Q4 23
10.0%
Q3 23
10.8%
Cash Conversion
NDLS
NDLS
NISN
NISN
Q3 25
Q2 25
-6.72×
Q4 24
Q3 24
Q2 24
-6.73×
Q1 24
Q4 23
24.21×
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

NDLS
NDLS

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

NISN
NISN

Supply chain trading business$142.1M74%
Small and Medium Enterprise financing solutions$48.5M25%
Supply Chain financing solutions$1.9M1%

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