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

NATIONAL RESEARCH CORP is the larger business by last-quarter revenue ($35.2M vs $25.1M, roughly 1.4× Snail, Inc.). NATIONAL RESEARCH CORP runs the higher net margin — 5.1% vs -3.4%, a 8.5% gap on every dollar of revenue. On growth, Snail, Inc. posted the faster year-over-year revenue change (-4.2% vs -4.6%). Over the past eight quarters, Snail, Inc.'s revenue compounded faster (33.4% CAGR vs -0.2%).

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.

Suzhou Snail Digital Technology Co., Ltd., doing business as Snail, is a Chinese video game company and a Virtual Network Operator headquartered in Suzhou, China, which has branches Snail Games and Snail Mobile. Its division, Snail USA, markets Snail Games products in North America, South America, & Europe. Snail Games products include massively multiplayer online (MMOs), real-time strategy (RTS), and casual games. Its global registered user base has reached over 70 million accounts. The U.S....

NRC vs SNAL — Head-to-Head

Bigger by revenue
NRC
NRC
1.4× larger
NRC
$35.2M
$25.1M
SNAL
Growing faster (revenue YoY)
SNAL
SNAL
+0.4% gap
SNAL
-4.2%
-4.6%
NRC
Higher net margin
NRC
NRC
8.5% more per $
NRC
5.1%
-3.4%
SNAL
Faster 2-yr revenue CAGR
SNAL
SNAL
Annualised
SNAL
33.4%
-0.2%
NRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NRC
NRC
SNAL
SNAL
Revenue
$35.2M
$25.1M
Net Profit
$1.8M
$-862.2K
Gross Margin
38.3%
Operating Margin
13.3%
-6.0%
Net Margin
5.1%
-3.4%
Revenue YoY
-4.6%
-4.2%
Net Profit YoY
-72.6%
-177.0%
EPS (diluted)
$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.

Revenue
NRC
NRC
SNAL
SNAL
Q4 25
$35.2M
$25.1M
Q3 25
$34.6M
$13.8M
Q2 25
$34.0M
$22.2M
Q1 25
$33.6M
$20.1M
Q4 24
$36.9M
$26.2M
Q3 24
$35.8M
$22.5M
Q2 24
$35.0M
$21.6M
Q1 24
$35.3M
$14.1M
Net Profit
NRC
NRC
SNAL
SNAL
Q4 25
$1.8M
$-862.2K
Q3 25
$4.1M
$-7.9M
Q2 25
$-106.0K
$-16.6M
Q1 25
$5.8M
$-1.9M
Q4 24
$6.6M
$1.1M
Q3 24
$5.7M
$235.1K
Q2 24
$6.2M
$2.3M
Q1 24
$6.4M
$-1.8M
Gross Margin
NRC
NRC
SNAL
SNAL
Q4 25
38.3%
Q3 25
0.1%
Q2 25
31.3%
Q1 25
29.1%
Q4 24
43.3%
Q3 24
38.6%
Q2 24
37.5%
Q1 24
14.7%
Operating Margin
NRC
NRC
SNAL
SNAL
Q4 25
13.3%
-6.0%
Q3 25
22.4%
-71.3%
Q2 25
4.7%
-8.2%
Q1 25
25.6%
-20.4%
Q4 24
26.0%
11.5%
Q3 24
22.3%
1.8%
Q2 24
25.3%
12.4%
Q1 24
24.8%
-15.6%
Net Margin
NRC
NRC
SNAL
SNAL
Q4 25
5.1%
-3.4%
Q3 25
11.9%
-56.9%
Q2 25
-0.3%
-74.7%
Q1 25
17.2%
-9.7%
Q4 24
17.8%
4.3%
Q3 24
15.9%
1.0%
Q2 24
17.6%
10.4%
Q1 24
18.0%
-12.6%
EPS (diluted)
NRC
NRC
SNAL
SNAL
Q4 25
$49.58
Q3 25
$0.18
Q2 25
$-0.01
$-0.44
Q1 25
$0.25
$-0.06
Q4 24
$0.27
$0.03
Q3 24
$0.24
$0.01
Q2 24
$0.26
$0.06
Q1 24
$0.27
$-0.05

Balance Sheet & Financial Strength

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

Metric
NRC
NRC
SNAL
SNAL
Cash + ST InvestmentsLiquidity on hand
$4.1M
$8.6M
Total DebtLower is stronger
$14.6M
Stockholders' EquityBook value
$14.0M
$-16.4M
Total Assets
$134.9M
$59.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRC
NRC
SNAL
SNAL
Q4 25
$4.1M
$8.6M
Q3 25
$2.2M
$12.3M
Q2 25
$5.3M
$7.9M
Q1 25
$2.5M
$9.4M
Q4 24
$4.2M
$7.3M
Q3 24
$3.5M
$10.6M
Q2 24
$485.0K
$15.5M
Q1 24
$1.7M
$16.1M
Total Debt
NRC
NRC
SNAL
SNAL
Q4 25
$14.6M
Q3 25
$10.5M
Q2 25
$11.8M
Q1 25
$9.0M
Q4 24
$5.7M
Q3 24
$48.7M
$5.7M
Q2 24
$33.3M
$5.8M
Q1 24
$35.2M
$6.5M
Stockholders' Equity
NRC
NRC
SNAL
SNAL
Q4 25
$14.0M
$-16.4M
Q3 25
$14.3M
$-15.6M
Q2 25
$21.3M
$-8.0M
Q1 25
$29.7M
$9.1M
Q4 24
$31.3M
$9.7M
Q3 24
$34.6M
$8.2M
Q2 24
$40.2M
$7.9M
Q1 24
$36.9M
$5.6M
Total Assets
NRC
NRC
SNAL
SNAL
Q4 25
$134.9M
$59.3M
Q3 25
$135.7M
$51.1M
Q2 25
$141.4M
$58.0M
Q1 25
$135.2M
$64.5M
Q4 24
$132.5M
$62.2M
Q3 24
$131.8M
$66.8M
Q2 24
$119.1M
$75.4M
Q1 24
$120.9M
$78.3M
Debt / Equity
NRC
NRC
SNAL
SNAL
Q4 25
Q3 25
Q2 25
Q1 25
0.99×
Q4 24
0.59×
Q3 24
1.41×
0.70×
Q2 24
0.83×
0.73×
Q1 24
0.95×
1.16×

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
SNAL
SNAL
Operating Cash FlowLast quarter
$7.2M
$-5.3M
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.

Operating Cash Flow
NRC
NRC
SNAL
SNAL
Q4 25
$7.2M
$-5.3M
Q3 25
$13.8M
$6.6M
Q2 25
$-1.1M
$-3.2M
Q1 25
$6.6M
$764.5K
Q4 24
$6.4M
$-3.6M
Q3 24
$9.4M
$-5.0M
Q2 24
$6.8M
$206.6K
Q1 24
$12.0M
$6.8M
Free Cash Flow
NRC
NRC
SNAL
SNAL
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
FCF Margin
NRC
NRC
SNAL
SNAL
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%
Capex Intensity
NRC
NRC
SNAL
SNAL
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%
Cash Conversion
NRC
NRC
SNAL
SNAL
Q4 25
3.99×
Q3 25
3.34×
Q2 25
Q1 25
1.15×
Q4 24
0.97×
-3.21×
Q3 24
1.66×
-21.05×
Q2 24
1.10×
0.09×
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.

SNAL
SNAL

Pc$14.7M59%
Platform Three$5.2M21%
Platform Two$3.3M13%
Sales Channel Directly To Consumer Mobile Sale$1.6M6%

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