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FARMER BROTHERS CO（FARM）与NOODLES & Co（NDLS）财务数据对比。点击上方公司名可切换其他公司
NOODLES & Co的季度营收约是FARMER BROTHERS CO的1.4倍（$122.1M vs $88.9M），FARMER BROTHERS CO净利率更高（-5.5% vs -7.5%，领先2.0%），FARMER BROTHERS CO同比增速更快（-1.2% vs -4.1%），FARMER BROTHERS CO自由现金流更多（$-2.6M vs $-2.8M），过去两年FARMER BROTHERS CO的营收复合增速更高（2.1% vs -1.2%）
Farmer Bros. Co.是一家总部位于美国得克萨斯州沃斯堡的餐饮服务企业，主打咖啡与茶类产品的生产分销，同时还供应约300种餐厅及其他经营场所所需的餐饮配套用品，目前由约翰·摩尔担任公司首席执行官兼总裁。
Noodles & Company是源自美国的休闲快餐连锁品牌，主打融合多国风味及美式特色的面条菜品，同时也供应汤品和沙拉。品牌由亚伦·肯尼迪创立于1995年，总部位于科罗拉多州布鲁姆菲尔德，截至2022年年中，品牌已在美国31个州开出了458家门店。
FARM vs NDLS — 直观对比
营收规模更大
NDLS
是对方的1.4倍
$88.9M
营收增速更快
FARM
高出2.9%
-4.1%
净利率更高
FARM
高出2.0%
-7.5%
自由现金流更多
FARM
多$197.0K
$-2.8M
两年增速更快
FARM
近两年复合增速
-1.2%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $88.9M | $122.1M |
| 净利润 | $-4.9M | $-9.2M |
| 毛利率 | 36.3% | — |
| 营业利润率 | -4.7% | -5.2% |
| 净利率 | -5.5% | -7.5% |
| 营收同比 | -1.2% | -4.1% |
| 净利润同比 | -2417.1% | 32.8% |
| 每股收益（稀释后） | $-0.22 | $-0.20 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FARMNDLS
| Q4 25 | $88.9M | — | ||
| Q3 25 | $81.6M | $122.1M | ||
| Q2 25 | $85.1M | $123.8M | ||
| Q1 25 | $82.1M | — | ||
| Q4 24 | $90.0M | $122.8M | ||
| Q3 24 | $85.1M | $127.4M | ||
| Q2 24 | $84.4M | $121.4M | ||
| Q1 24 | $85.4M | $124.3M |
净利润FARMNDLS
| Q4 25 | $-4.9M | — | ||
| Q3 25 | $-4.0M | $-9.2M | ||
| Q2 25 | $-4.7M | $-9.1M | ||
| Q1 25 | $-5.0M | — | ||
| Q4 24 | $210.0K | $-6.8M | ||
| Q3 24 | $-5.0M | $-13.6M | ||
| Q2 24 | $-4.6M | $-6.1M | ||
| Q1 24 | $-682.0K | $-6.1M |
毛利率FARMNDLS
| Q4 25 | 36.3% | — | ||
| Q3 25 | 39.7% | — | ||
| Q2 25 | 44.9% | — | ||
| Q1 25 | 42.1% | — | ||
| Q4 24 | 43.1% | — | ||
| Q3 24 | 43.9% | — | ||
| Q2 24 | 38.8% | — | ||
| Q1 24 | 40.1% | — |
营业利润率FARMNDLS
| Q4 25 | -4.7% | — | ||
| Q3 25 | -3.9% | -5.2% | ||
| Q2 25 | 4.6% | -5.2% | ||
| Q1 25 | -4.3% | — | ||
| Q4 24 | 1.1% | -3.9% | ||
| Q3 24 | -3.3% | -9.0% | ||
| Q2 24 | -4.9% | -3.4% | ||
| Q1 24 | -0.5% | -3.7% |
净利率FARMNDLS
| Q4 25 | -5.5% | — | ||
| Q3 25 | -4.9% | -7.5% | ||
| Q2 25 | -5.6% | -7.3% | ||
| Q1 25 | -6.1% | — | ||
| Q4 24 | 0.2% | -5.5% | ||
| Q3 24 | -5.9% | -10.7% | ||
| Q2 24 | -5.4% | -5.1% | ||
| Q1 24 | -0.8% | -4.9% |
每股收益（稀释后）FARMNDLS
| Q4 25 | $-0.22 | — | ||
| Q3 25 | $-0.19 | $-0.20 | ||
| Q2 25 | $-0.22 | $-0.20 | ||
| Q1 25 | $-0.23 | — | ||
| Q4 24 | $0.01 | $-0.15 | ||
| Q3 24 | $-0.24 | $-0.30 | ||
| Q2 24 | $-0.23 | $-0.14 | ||
| Q1 24 | $-0.03 | $-1.64 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $4.2M | $4.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $35.7M | $-38.9M |
| 总资产 | $151.4M | $280.6M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FARMNDLS
| Q4 25 | $4.2M | — | ||
| Q3 25 | $3.8M | $4.7M | ||
| Q2 25 | $6.8M | $1.4M | ||
| Q1 25 | $4.1M | — | ||
| Q4 24 | $5.5M | $3.3M | ||
| Q3 24 | $3.3M | $1.8M | ||
| Q2 24 | $5.8M | $1.3M | ||
| Q1 24 | $5.5M | $3.0M |
股东权益FARMNDLS
| Q4 25 | $35.7M | — | ||
| Q3 25 | $40.0M | $-38.9M | ||
| Q2 25 | $43.5M | $-13.9M | ||
| Q1 25 | $37.3M | — | ||
| Q4 24 | $41.5M | $3.7M | ||
| Q3 24 | $40.9M | $9.6M | ||
| Q2 24 | $45.5M | $21.9M | ||
| Q1 24 | $43.1M | $27.2M |
总资产FARMNDLS
| Q4 25 | $151.4M | — | ||
| Q3 25 | $158.8M | $280.6M | ||
| Q2 25 | $161.2M | $319.4M | ||
| Q1 25 | $163.2M | — | ||
| Q4 24 | $179.1M | $340.5M | ||
| Q3 24 | $182.0M | $346.3M | ||
| Q2 24 | $185.2M | $360.4M | ||
| Q1 24 | $179.1M | $368.1M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-786.0K | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-2.6M | $-2.8M |
| 自由现金流率自由现金流/营收 | -2.9% | -2.3% |
| 资本支出强度资本支出/营收 | 2.1% | 5.8% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-7.5M |
8季度趋势，按日历期对齐
经营现金流FARMNDLS
| Q4 25 | $-786.0K | — | ||
| Q3 25 | $-5.0M | $4.3M | ||
| Q2 25 | $9.7M | $4.0M | ||
| Q1 25 | $1.3M | — | ||
| Q4 24 | $2.6M | $5.8M | ||
| Q3 24 | $2.5M | $4.7M | ||
| Q2 24 | $-995.0K | $7.0M | ||
| Q1 24 | $-2.3M | $164.0K |
自由现金流FARMNDLS
| Q4 25 | $-2.6M | — | ||
| Q3 25 | $-6.9M | $-2.8M | ||
| Q2 25 | — | $1.1M | ||
| Q1 25 | $-684.0K | — | ||
| Q4 24 | $521.0K | $-1.3M | ||
| Q3 24 | $-837.0K | $-4.5M | ||
| Q2 24 | — | $-1.6M | ||
| Q1 24 | $-5.7M | $-15.2M |
自由现金流率FARMNDLS
| Q4 25 | -2.9% | — | ||
| Q3 25 | -8.5% | -2.3% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | -0.8% | — | ||
| Q4 24 | 0.6% | -1.1% | ||
| Q3 24 | -1.0% | -3.5% | ||
| Q2 24 | — | -1.4% | ||
| Q1 24 | -6.7% | -12.2% |
资本支出强度FARMNDLS
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.4% | 5.8% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 2.3% | 5.8% | ||
| Q3 24 | 3.9% | 7.2% | ||
| Q2 24 | — | 7.1% | ||
| Q1 24 | 4.0% | 12.3% |
现金转化率FARMNDLS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 12.16× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FARM
| Coffee Roasted | $45.5M | 51% |
| Tea Iced Hot | $23.3M | 26% |
| Culinary | $14.1M | 16% |
| Spice | $4.9M | 5% |
| Fuel Surcharge | $1.2M | 1% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
