vs
Side-by-side financial comparison of NATIONAL RESEARCH CORP (NRC) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.
UNITY BANCORP INC is the larger business by last-quarter revenue ($35.3M vs $35.2M, roughly 1.0× NATIONAL RESEARCH CORP). UNITY BANCORP INC runs the higher net margin — 43.9% vs 5.1%, a 38.8% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -4.6%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $6.1M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% 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.
Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.
NRC vs UNTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $35.2M | $35.3M |
| Net Profit | $1.8M | $15.5M |
| Gross Margin | — | — |
| Operating Margin | 13.3% | 55.8% |
| Net Margin | 5.1% | 43.9% |
| Revenue YoY | -4.6% | 24.2% |
| Net Profit YoY | -72.6% | 34.5% |
| EPS (diluted) | $49.58 | $1.52 |
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 | $35.2M | $35.3M | ||
| Q3 25 | $34.6M | $32.8M | ||
| Q2 25 | $34.0M | $34.4M | ||
| Q1 25 | $33.6M | $29.4M | ||
| Q4 24 | $36.9M | $28.4M | ||
| Q3 24 | $35.8M | $27.7M | ||
| Q2 24 | $35.0M | $25.5M | ||
| Q1 24 | $35.3M | $25.6M |
| Q4 25 | $1.8M | $15.5M | ||
| Q3 25 | $4.1M | $14.4M | ||
| Q2 25 | $-106.0K | $16.5M | ||
| Q1 25 | $5.8M | $11.6M | ||
| Q4 24 | $6.6M | $11.5M | ||
| Q3 24 | $5.7M | $10.9M | ||
| Q2 24 | $6.2M | $9.5M | ||
| Q1 24 | $6.4M | $9.6M |
| Q4 25 | 13.3% | 55.8% | ||
| Q3 25 | 22.4% | 57.5% | ||
| Q2 25 | 4.7% | 62.6% | ||
| Q1 25 | 25.6% | 52.6% | ||
| Q4 24 | 26.0% | 51.0% | ||
| Q3 24 | 22.3% | 52.7% | ||
| Q2 24 | 25.3% | 49.3% | ||
| Q1 24 | 24.8% | 50.0% |
| Q4 25 | 5.1% | 43.9% | ||
| Q3 25 | 11.9% | 43.8% | ||
| Q2 25 | -0.3% | 48.0% | ||
| Q1 25 | 17.2% | 39.5% | ||
| Q4 24 | 17.8% | 40.5% | ||
| Q3 24 | 15.9% | 39.4% | ||
| Q2 24 | 17.6% | 37.1% | ||
| Q1 24 | 18.0% | 37.5% |
| Q4 25 | $49.58 | $1.52 | ||
| Q3 25 | $0.18 | $1.41 | ||
| Q2 25 | $-0.01 | $1.61 | ||
| Q1 25 | $0.25 | $1.13 | ||
| Q4 24 | $0.27 | $1.13 | ||
| Q3 24 | $0.24 | $1.07 | ||
| Q2 24 | $0.26 | $0.92 | ||
| Q1 24 | $0.27 | $0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.1M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $14.0M | $345.6M |
| Total Assets | $134.9M | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.1M | — | ||
| Q3 25 | $2.2M | — | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $2.5M | — | ||
| Q4 24 | $4.2M | — | ||
| Q3 24 | $3.5M | — | ||
| Q2 24 | $485.0K | — | ||
| Q1 24 | $1.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $230.8M | ||
| Q3 24 | $48.7M | — | ||
| Q2 24 | $33.3M | — | ||
| Q1 24 | $35.2M | — |
| Q4 25 | $14.0M | $345.6M | ||
| Q3 25 | $14.3M | $334.0M | ||
| Q2 25 | $21.3M | $319.8M | ||
| Q1 25 | $29.7M | $306.1M | ||
| Q4 24 | $31.3M | $295.6M | ||
| Q3 24 | $34.6M | $284.3M | ||
| Q2 24 | $40.2M | $273.4M | ||
| Q1 24 | $36.9M | $266.8M |
| Q4 25 | $134.9M | $3.0B | ||
| Q3 25 | $135.7M | $2.9B | ||
| Q2 25 | $141.4M | $2.9B | ||
| Q1 25 | $135.2M | $2.8B | ||
| Q4 24 | $132.5M | $2.7B | ||
| Q3 24 | $131.8M | $2.6B | ||
| Q2 24 | $119.1M | $2.6B | ||
| Q1 24 | $120.9M | $2.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.78× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $7.2M | $44.9M |
| Free Cash FlowOCF − Capex | $6.1M | $44.3M |
| FCF MarginFCF / Revenue | 17.2% | 125.7% |
| Capex IntensityCapex / Revenue | 3.2% | 1.6% |
| Cash ConversionOCF / Net Profit | 3.99× | 2.90× |
| TTM Free Cash FlowTrailing 4 quarters | $15.7M | $81.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.2M | $44.9M | ||
| Q3 25 | $13.8M | $45.5M | ||
| Q2 25 | $-1.1M | $-25.3M | ||
| Q1 25 | $6.6M | $17.9M | ||
| Q4 24 | $6.4M | $48.0M | ||
| Q3 24 | $9.4M | $17.7M | ||
| Q2 24 | $6.8M | $-8.4M | ||
| Q1 24 | $12.0M | $15.8M |
| Q4 25 | $6.1M | $44.3M | ||
| Q3 25 | $10.2M | $45.3M | ||
| Q2 25 | $-4.1M | $-25.5M | ||
| Q1 25 | $3.7M | $17.6M | ||
| Q4 24 | $1.9M | $47.3M | ||
| Q3 24 | $7.8M | $17.5M | ||
| Q2 24 | $1.5M | $-8.6M | ||
| Q1 24 | $7.9M | $15.7M |
| Q4 25 | 17.2% | 125.7% | ||
| Q3 25 | 29.4% | 138.1% | ||
| Q2 25 | -12.2% | -74.2% | ||
| Q1 25 | 10.9% | 59.9% | ||
| Q4 24 | 5.2% | 166.5% | ||
| Q3 24 | 21.8% | 63.3% | ||
| Q2 24 | 4.3% | -33.7% | ||
| Q1 24 | 22.4% | 61.4% |
| Q4 25 | 3.2% | 1.6% | ||
| Q3 25 | 10.4% | 0.7% | ||
| Q2 25 | 8.8% | 0.5% | ||
| Q1 25 | 8.9% | 1.0% | ||
| Q4 24 | 12.0% | 2.4% | ||
| Q3 24 | 4.5% | 0.5% | ||
| Q2 24 | 15.0% | 0.5% | ||
| Q1 24 | 11.7% | 0.3% |
| Q4 25 | 3.99× | 2.90× | ||
| Q3 25 | 3.34× | 3.16× | ||
| Q2 25 | — | -1.54× | ||
| Q1 25 | 1.15× | 1.54× | ||
| Q4 24 | 0.97× | 4.17× | ||
| Q3 24 | 1.66× | 1.62× | ||
| Q2 24 | 1.10× | -0.89× | ||
| Q1 24 | 1.89× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
