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Side-by-side financial comparison of NOODLES & Co (NDLS) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.
NOODLES & Co is the larger business by last-quarter revenue ($122.1M vs $76.2M, roughly 1.6× VIEMED HEALTHCARE, INC.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs -7.5%, a 14.9% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs -4.1%). VIEMED HEALTHCARE, INC. produced more free cash flow last quarter ($9.7M vs $-2.8M). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% CAGR vs -1.2%).
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.
Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.
NDLS vs VMD — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $122.1M | $76.2M |
| Net Profit | $-9.2M | $5.6M |
| Gross Margin | — | 57.9% |
| Operating Margin | -5.2% | 11.0% |
| Net Margin | -7.5% | 7.4% |
| Revenue YoY | -4.1% | 25.5% |
| Net Profit YoY | 32.8% | 30.7% |
| EPS (diluted) | $-0.20 | $0.14 |
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 | — | $76.2M | ||
| Q3 25 | $122.1M | $71.9M | ||
| Q2 25 | $123.8M | $63.1M | ||
| Q1 25 | — | $59.1M | ||
| Q4 24 | $122.8M | $60.7M | ||
| Q3 24 | $127.4M | $58.0M | ||
| Q2 24 | $121.4M | $55.0M | ||
| Q1 24 | $124.3M | $50.6M |
| Q4 25 | — | $5.6M | ||
| Q3 25 | $-9.2M | $3.5M | ||
| Q2 25 | $-9.1M | $3.2M | ||
| Q1 25 | — | $2.6M | ||
| Q4 24 | $-6.8M | $4.3M | ||
| Q3 24 | $-13.6M | $3.9M | ||
| Q2 24 | $-6.1M | $1.5M | ||
| Q1 24 | $-6.1M | $1.6M |
| Q4 25 | — | 57.9% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 58.3% | ||
| Q1 25 | — | 56.3% | ||
| Q4 24 | — | 59.5% | ||
| Q3 24 | — | 59.3% | ||
| Q2 24 | — | 59.8% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | — | 11.0% | ||
| Q3 25 | -5.2% | 7.8% | ||
| Q2 25 | -5.2% | 8.1% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | -3.9% | 10.6% | ||
| Q3 24 | -9.0% | 9.7% | ||
| Q2 24 | -3.4% | 6.6% | ||
| Q1 24 | -3.7% | 4.4% |
| Q4 25 | — | 7.4% | ||
| Q3 25 | -7.5% | 4.9% | ||
| Q2 25 | -7.3% | 5.0% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | -5.5% | 7.1% | ||
| Q3 24 | -10.7% | 6.7% | ||
| Q2 24 | -5.1% | 2.7% | ||
| Q1 24 | -4.9% | 3.2% |
| Q4 25 | — | $0.14 | ||
| Q3 25 | $-0.20 | $0.09 | ||
| Q2 25 | $-0.20 | $0.08 | ||
| Q1 25 | — | $0.06 | ||
| Q4 24 | $-0.15 | $0.10 | ||
| Q3 24 | $-0.30 | $0.10 | ||
| Q2 24 | $-0.14 | $0.04 | ||
| Q1 24 | $-1.64 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.7M | $13.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-38.9M | $141.5M |
| Total Assets | $280.6M | $199.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $13.5M | ||
| Q3 25 | $4.7M | $11.1M | ||
| Q2 25 | $1.4M | $20.0M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | $3.3M | $17.5M | ||
| Q3 24 | $1.8M | $11.3M | ||
| Q2 24 | $1.3M | $8.8M | ||
| Q1 24 | $3.0M | $7.3M |
| Q4 25 | — | $141.5M | ||
| Q3 25 | $-38.9M | $133.6M | ||
| Q2 25 | $-13.9M | $139.7M | ||
| Q1 25 | — | $134.8M | ||
| Q4 24 | $3.7M | $131.4M | ||
| Q3 24 | $9.6M | $125.0M | ||
| Q2 24 | $21.9M | $119.4M | ||
| Q1 24 | $27.2M | $116.3M |
| Q4 25 | — | $199.2M | ||
| Q3 25 | $280.6M | $202.4M | ||
| Q2 25 | $319.4M | $184.6M | ||
| Q1 25 | — | $178.1M | ||
| Q4 24 | $340.5M | $177.1M | ||
| Q3 24 | $346.3M | $169.5M | ||
| Q2 24 | $360.4M | $163.9M | ||
| Q1 24 | $368.1M | $154.9M |
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 | $4.3M | $18.4M |
| Free Cash FlowOCF − Capex | $-2.8M | $9.7M |
| FCF MarginFCF / Revenue | -2.3% | 12.7% |
| Capex IntensityCapex / Revenue | 5.8% | 11.5% |
| Cash ConversionOCF / Net Profit | — | 3.27× |
| TTM Free Cash FlowTrailing 4 quarters | $-7.5M | $11.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $18.4M | ||
| Q3 25 | $4.3M | $18.4M | ||
| Q2 25 | $4.0M | $12.3M | ||
| Q1 25 | — | $2.9M | ||
| Q4 24 | $5.8M | $15.0M | ||
| Q3 24 | $4.7M | $12.7M | ||
| Q2 24 | $7.0M | $10.2M | ||
| Q1 24 | $164.0K | $1.2M |
| Q4 25 | — | $9.7M | ||
| Q3 25 | $-2.8M | $10.7M | ||
| Q2 25 | $1.1M | $4.1M | ||
| Q1 25 | — | $-12.6M | ||
| Q4 24 | $-1.3M | $3.2M | ||
| Q3 24 | $-4.5M | $1.7M | ||
| Q2 24 | $-1.6M | $1.2M | ||
| Q1 24 | $-15.2M | $-4.8M |
| Q4 25 | — | 12.7% | ||
| Q3 25 | -2.3% | 14.9% | ||
| Q2 25 | 0.9% | 6.5% | ||
| Q1 25 | — | -21.4% | ||
| Q4 24 | -1.1% | 5.2% | ||
| Q3 24 | -3.5% | 3.0% | ||
| Q2 24 | -1.4% | 2.3% | ||
| Q1 24 | -12.2% | -9.5% |
| Q4 25 | — | 11.5% | ||
| Q3 25 | 5.8% | 10.6% | ||
| Q2 25 | 2.4% | 12.9% | ||
| Q1 25 | — | 26.2% | ||
| Q4 24 | 5.8% | 19.5% | ||
| Q3 24 | 7.2% | 19.0% | ||
| Q2 24 | 7.1% | 16.3% | ||
| Q1 24 | 12.3% | 11.9% |
| Q4 25 | — | 3.27× | ||
| Q3 25 | — | 5.23× | ||
| Q2 25 | — | 3.88× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 3.47× | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 6.94× | ||
| Q1 24 | — | 0.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
VMD
Segment breakdown not available.
