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

Vitesse Energy, Inc. is the larger business by last-quarter revenue ($58.6M vs $35.2M, roughly 1.7× NATIONAL RESEARCH CORP). NATIONAL RESEARCH CORP runs the higher net margin — 5.1% vs -1.3%, a 6.4% gap on every dollar of revenue. On growth, Vitesse Energy, Inc. posted the faster year-over-year revenue change (4.8% vs -4.6%). Over the past eight quarters, NATIONAL RESEARCH CORP's revenue compounded faster (-0.2% CAGR vs -2.1%).

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.

Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.

NRC vs VTS — Head-to-Head

Bigger by revenue
VTS
VTS
1.7× larger
VTS
$58.6M
$35.2M
NRC
Growing faster (revenue YoY)
VTS
VTS
+9.5% gap
VTS
4.8%
-4.6%
NRC
Higher net margin
NRC
NRC
6.4% more per $
NRC
5.1%
-1.3%
VTS
Faster 2-yr revenue CAGR
NRC
NRC
Annualised
NRC
-0.2%
-2.1%
VTS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NRC
NRC
VTS
VTS
Revenue
$35.2M
$58.6M
Net Profit
$1.8M
$-739.0K
Gross Margin
Operating Margin
13.3%
-12.0%
Net Margin
5.1%
-1.3%
Revenue YoY
-4.6%
4.8%
Net Profit YoY
-72.6%
85.6%
EPS (diluted)
$49.58
$-0.01

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
VTS
VTS
Q4 25
$35.2M
$58.6M
Q3 25
$34.6M
$67.4M
Q2 25
$34.0M
$81.8M
Q1 25
$33.6M
$66.2M
Q4 24
$36.9M
$55.9M
Q3 24
$35.8M
$58.3M
Q2 24
$35.0M
$66.6M
Q1 24
$35.3M
$61.2M
Net Profit
NRC
NRC
VTS
VTS
Q4 25
$1.8M
$-739.0K
Q3 25
$4.1M
$-1.3M
Q2 25
$-106.0K
$24.7M
Q1 25
$5.8M
$2.7M
Q4 24
$6.6M
$-5.1M
Q3 24
$5.7M
$17.4M
Q2 24
$6.2M
$10.9M
Q1 24
$6.4M
$-2.2M
Operating Margin
NRC
NRC
VTS
VTS
Q4 25
13.3%
-12.0%
Q3 25
22.4%
0.2%
Q2 25
4.7%
22.8%
Q1 25
25.6%
8.1%
Q4 24
26.0%
3.7%
Q3 24
22.3%
15.4%
Q2 24
25.3%
25.2%
Q1 24
24.8%
21.4%
Net Margin
NRC
NRC
VTS
VTS
Q4 25
5.1%
-1.3%
Q3 25
11.9%
-1.9%
Q2 25
-0.3%
30.2%
Q1 25
17.2%
4.0%
Q4 24
17.8%
-9.2%
Q3 24
15.9%
29.9%
Q2 24
17.6%
16.4%
Q1 24
18.0%
-3.6%
EPS (diluted)
NRC
NRC
VTS
VTS
Q4 25
$49.58
$-0.01
Q3 25
$0.18
$-0.03
Q2 25
$-0.01
$0.60
Q1 25
$0.25
$0.08
Q4 24
$0.27
$-0.15
Q3 24
$0.24
$0.53
Q2 24
$0.26
$0.33
Q1 24
$0.27
$-0.07

Balance Sheet & Financial Strength

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

Metric
NRC
NRC
VTS
VTS
Cash + ST InvestmentsLiquidity on hand
$4.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$14.0M
$629.3M
Total Assets
$134.9M
$893.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRC
NRC
VTS
VTS
Q4 25
$4.1M
Q3 25
$2.2M
Q2 25
$5.3M
Q1 25
$2.5M
$4.5M
Q4 24
$4.2M
$3.0M
Q3 24
$3.5M
Q2 24
$485.0K
Q1 24
$1.7M
Total Debt
NRC
NRC
VTS
VTS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$48.7M
Q2 24
$33.3M
Q1 24
$35.2M
Stockholders' Equity
NRC
NRC
VTS
VTS
Q4 25
$14.0M
$629.3M
Q3 25
$14.3M
$650.3M
Q2 25
$21.3M
$671.9M
Q1 25
$29.7M
$667.7M
Q4 24
$31.3M
$500.3M
Q3 24
$34.6M
$520.4M
Q2 24
$40.2M
$518.5M
Q1 24
$36.9M
$522.7M
Total Assets
NRC
NRC
VTS
VTS
Q4 25
$134.9M
$893.4M
Q3 25
$135.7M
$932.9M
Q2 25
$141.4M
$951.5M
Q1 25
$135.2M
$975.2M
Q4 24
$132.5M
$810.9M
Q3 24
$131.8M
$791.2M
Q2 24
$119.1M
$778.4M
Q1 24
$120.9M
$749.7M
Debt / Equity
NRC
NRC
VTS
VTS
Q4 25
Q3 25
Q2 25
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
VTS
VTS
Operating Cash FlowLast quarter
$7.2M
$37.4M
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
VTS
VTS
Q4 25
$7.2M
$37.4M
Q3 25
$13.8M
$49.4M
Q2 25
$-1.1M
$66.0M
Q1 25
$6.6M
$17.5M
Q4 24
$6.4M
$34.7M
Q3 24
$9.4M
$45.7M
Q2 24
$6.8M
$35.2M
Q1 24
$12.0M
$39.4M
Free Cash Flow
NRC
NRC
VTS
VTS
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
VTS
VTS
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
VTS
VTS
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
VTS
VTS
Q4 25
3.99×
Q3 25
3.34×
Q2 25
2.68×
Q1 25
1.15×
6.56×
Q4 24
0.97×
Q3 24
1.66×
2.62×
Q2 24
1.10×
3.22×
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.

VTS
VTS

Oil Reserves$54.5M93%
Natural Gas Reserves$4.2M7%

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