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Side-by-side financial comparison of NATIONAL RESEARCH CORP (NRC) and Omada Health, Inc. (OMDA). Click either name above to swap in a different company.

Omada Health, Inc. is the larger business by last-quarter revenue ($68.0M vs $35.2M, roughly 1.9× NATIONAL RESEARCH CORP). NATIONAL RESEARCH CORP runs the higher net margin — 5.1% vs -4.7%, a 9.8% gap on every dollar of revenue. Omada Health, Inc. produced more free cash flow last quarter ($9.6M vs $6.1M).

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.

Omada Health, Inc. is a leading US-based digital chronic care management company. It offers evidence-based, personalized care programs for conditions including type 2 diabetes, hypertension, musculoskeletal disorders and mental health concerns, serving employers, health plans and health system clients across the United States, paired with professional coaching and digital tracking tools to support sustained member health improvements.

NRC vs OMDA — Head-to-Head

Bigger by revenue
OMDA
OMDA
1.9× larger
OMDA
$68.0M
$35.2M
NRC
Higher net margin
NRC
NRC
9.8% more per $
NRC
5.1%
-4.7%
OMDA
More free cash flow
OMDA
OMDA
$3.5M more FCF
OMDA
$9.6M
$6.1M
NRC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NRC
NRC
OMDA
OMDA
Revenue
$35.2M
$68.0M
Net Profit
$1.8M
$-3.2M
Gross Margin
66.3%
Operating Margin
13.3%
-3.7%
Net Margin
5.1%
-4.7%
Revenue YoY
-4.6%
Net Profit YoY
-72.6%
EPS (diluted)
$49.58
$-0.06

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
NRC
NRC
OMDA
OMDA
Q4 25
$35.2M
Q3 25
$34.6M
$68.0M
Q2 25
$34.0M
$61.4M
Q1 25
$33.6M
Q4 24
$36.9M
Q3 24
$35.8M
Q2 24
$35.0M
Q1 24
$35.3M
Net Profit
NRC
NRC
OMDA
OMDA
Q4 25
$1.8M
Q3 25
$4.1M
$-3.2M
Q2 25
$-106.0K
$-5.3M
Q1 25
$5.8M
Q4 24
$6.6M
Q3 24
$5.7M
Q2 24
$6.2M
Q1 24
$6.4M
Gross Margin
NRC
NRC
OMDA
OMDA
Q4 25
Q3 25
66.3%
Q2 25
65.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
NRC
NRC
OMDA
OMDA
Q4 25
13.3%
Q3 25
22.4%
-3.7%
Q2 25
4.7%
-7.1%
Q1 25
25.6%
Q4 24
26.0%
Q3 24
22.3%
Q2 24
25.3%
Q1 24
24.8%
Net Margin
NRC
NRC
OMDA
OMDA
Q4 25
5.1%
Q3 25
11.9%
-4.7%
Q2 25
-0.3%
-8.7%
Q1 25
17.2%
Q4 24
17.8%
Q3 24
15.9%
Q2 24
17.6%
Q1 24
18.0%
EPS (diluted)
NRC
NRC
OMDA
OMDA
Q4 25
$49.58
Q3 25
$0.18
$-0.06
Q2 25
$-0.01
$-0.24
Q1 25
$0.25
Q4 24
$0.27
Q3 24
$0.24
Q2 24
$0.26
Q1 24
$0.27

Balance Sheet & Financial Strength

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

Metric
NRC
NRC
OMDA
OMDA
Cash + ST InvestmentsLiquidity on hand
$4.1M
$198.6M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$14.0M
$217.3M
Total Assets
$134.9M
$287.5M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRC
NRC
OMDA
OMDA
Q4 25
$4.1M
Q3 25
$2.2M
$198.6M
Q2 25
$5.3M
$223.1M
Q1 25
$2.5M
Q4 24
$4.2M
Q3 24
$3.5M
Q2 24
$485.0K
Q1 24
$1.7M
Total Debt
NRC
NRC
OMDA
OMDA
Q4 25
Q3 25
$0
Q2 25
$30.0M
Q1 25
Q4 24
Q3 24
$48.7M
Q2 24
$33.3M
Q1 24
$35.2M
Stockholders' Equity
NRC
NRC
OMDA
OMDA
Q4 25
$14.0M
Q3 25
$14.3M
$217.3M
Q2 25
$21.3M
$214.2M
Q1 25
$29.7M
Q4 24
$31.3M
Q3 24
$34.6M
Q2 24
$40.2M
Q1 24
$36.9M
Total Assets
NRC
NRC
OMDA
OMDA
Q4 25
$134.9M
Q3 25
$135.7M
$287.5M
Q2 25
$141.4M
$303.0M
Q1 25
$135.2M
Q4 24
$132.5M
Q3 24
$131.8M
Q2 24
$119.1M
Q1 24
$120.9M
Debt / Equity
NRC
NRC
OMDA
OMDA
Q4 25
Q3 25
0.00×
Q2 25
0.14×
Q1 25
Q4 24
Q3 24
1.41×
Q2 24
0.83×
Q1 24
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
NRC
NRC
OMDA
OMDA
Operating Cash FlowLast quarter
$7.2M
$10.1M
Free Cash FlowOCF − Capex
$6.1M
$9.6M
FCF MarginFCF / Revenue
17.2%
14.1%
Capex IntensityCapex / Revenue
3.2%
0.8%
Cash ConversionOCF / Net Profit
3.99×
TTM Free Cash FlowTrailing 4 quarters
$15.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRC
NRC
OMDA
OMDA
Q4 25
$7.2M
Q3 25
$13.8M
$10.1M
Q2 25
$-1.1M
$-13.3M
Q1 25
$6.6M
Q4 24
$6.4M
Q3 24
$9.4M
Q2 24
$6.8M
Q1 24
$12.0M
Free Cash Flow
NRC
NRC
OMDA
OMDA
Q4 25
$6.1M
Q3 25
$10.2M
$9.6M
Q2 25
$-4.1M
$-13.8M
Q1 25
$3.7M
Q4 24
$1.9M
Q3 24
$7.8M
Q2 24
$1.5M
Q1 24
$7.9M
FCF Margin
NRC
NRC
OMDA
OMDA
Q4 25
17.2%
Q3 25
29.4%
14.1%
Q2 25
-12.2%
-22.6%
Q1 25
10.9%
Q4 24
5.2%
Q3 24
21.8%
Q2 24
4.3%
Q1 24
22.4%
Capex Intensity
NRC
NRC
OMDA
OMDA
Q4 25
3.2%
Q3 25
10.4%
0.8%
Q2 25
8.8%
1.0%
Q1 25
8.9%
Q4 24
12.0%
Q3 24
4.5%
Q2 24
15.0%
Q1 24
11.7%
Cash Conversion
NRC
NRC
OMDA
OMDA
Q4 25
3.99×
Q3 25
3.34×
Q2 25
Q1 25
1.15×
Q4 24
0.97×
Q3 24
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

NRC
NRC

Segment breakdown not available.

OMDA
OMDA

Services$62.9M93%
Hardware$5.1M7%

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