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NOODLES & Co（NDLS）与Repay Holdings Corp（RPAY）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Repay Holdings Corp的1.6倍（$122.1M vs $78.6M），NOODLES & Co净利率更高（-7.5% vs -178.3%，领先170.8%），Repay Holdings Corp同比增速更快（0.4% vs -4.1%），Repay Holdings Corp自由现金流更多（$23.2M vs $-2.8M），过去两年NOODLES & Co的营收复合增速更高（-1.2% vs -1.3%）
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。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
NDLS vs RPAY — 直观对比
营收规模更大
NDLS
是对方的1.6倍
$78.6M
营收增速更快
RPAY
高出4.5%
-4.1%
净利率更高
NDLS
高出170.8%
-178.3%
自由现金流更多
RPAY
多$26.0M
$-2.8M
两年增速更快
NDLS
近两年复合增速
-1.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $122.1M | $78.6M |
| 净利润 | $-9.2M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | -5.2% | -182.2% |
| 净利率 | -7.5% | -178.3% |
| 营收同比 | -4.1% | 0.4% |
| 净利润同比 | 32.8% | -3304.1% |
| 每股收益（稀释后） | $-0.20 | $-1.68 |
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NDLSRPAY
| Q4 25 | — | $78.6M | ||
| Q3 25 | $122.1M | $77.7M | ||
| Q2 25 | $123.8M | $75.6M | ||
| Q1 25 | — | $77.3M | ||
| Q4 24 | $122.8M | $78.3M | ||
| Q3 24 | $127.4M | $79.1M | ||
| Q2 24 | $121.4M | $74.9M | ||
| Q1 24 | $124.3M | $80.7M |
净利润NDLSRPAY
| Q4 25 | — | $-140.1M | ||
| Q3 25 | $-9.2M | $-6.4M | ||
| Q2 25 | $-9.1M | $-102.3M | ||
| Q1 25 | — | $-7.9M | ||
| Q4 24 | $-6.8M | $-4.1M | ||
| Q3 24 | $-13.6M | $3.2M | ||
| Q2 24 | $-6.1M | $-4.1M | ||
| Q1 24 | $-6.1M | $-5.2M |
毛利率NDLSRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率NDLSRPAY
| Q4 25 | — | -182.2% | ||
| Q3 25 | -5.2% | -3.9% | ||
| Q2 25 | -5.2% | -138.7% | ||
| Q1 25 | — | -4.7% | ||
| Q4 24 | -3.9% | -1.5% | ||
| Q3 24 | -9.0% | -0.9% | ||
| Q2 24 | -3.4% | -4.6% | ||
| Q1 24 | -3.7% | -3.1% |
净利率NDLSRPAY
| Q4 25 | — | -178.3% | ||
| Q3 25 | -7.5% | -8.3% | ||
| Q2 25 | -7.3% | -135.2% | ||
| Q1 25 | — | -10.3% | ||
| Q4 24 | -5.5% | -5.3% | ||
| Q3 24 | -10.7% | 4.1% | ||
| Q2 24 | -5.1% | -5.4% | ||
| Q1 24 | -4.9% | -6.5% |
每股收益（稀释后）NDLSRPAY
| Q4 25 | — | $-1.68 | ||
| Q3 25 | $-0.20 | $-0.08 | ||
| Q2 25 | $-0.20 | $-1.15 | ||
| Q1 25 | — | $-0.09 | ||
| Q4 24 | $-0.15 | $-0.04 | ||
| Q3 24 | $-0.30 | $0.03 | ||
| Q2 24 | $-0.14 | $-0.04 | ||
| Q1 24 | $-1.64 | $-0.06 |
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 | $4.7M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $-38.9M | $484.4M |
| 总资产 | $280.6M | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资NDLSRPAY
| Q4 25 | — | $115.7M | ||
| Q3 25 | $4.7M | $95.7M | ||
| Q2 25 | $1.4M | $162.6M | ||
| Q1 25 | — | $165.5M | ||
| Q4 24 | $3.3M | $189.5M | ||
| Q3 24 | $1.8M | $168.7M | ||
| Q2 24 | $1.3M | $147.1M | ||
| Q1 24 | $3.0M | $128.3M |
总债务NDLSRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益NDLSRPAY
| Q4 25 | — | $484.4M | ||
| Q3 25 | $-38.9M | $616.9M | ||
| Q2 25 | $-13.9M | $633.7M | ||
| Q1 25 | — | $755.7M | ||
| Q4 24 | $3.7M | $761.3M | ||
| Q3 24 | $9.6M | $754.7M | ||
| Q2 24 | $21.9M | $815.4M | ||
| Q1 24 | $27.2M | $813.8M |
总资产NDLSRPAY
| Q4 25 | — | $1.2B | ||
| Q3 25 | $280.6M | $1.3B | ||
| Q2 25 | $319.4M | $1.4B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $340.5M | $1.6B | ||
| Q3 24 | $346.3M | $1.6B | ||
| Q2 24 | $360.4M | $1.5B | ||
| Q1 24 | $368.1M | $1.5B |
负债/权益比NDLSRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $4.3M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-2.8M | $23.2M |
| 自由现金流率自由现金流/营收 | -2.3% | 29.6% |
| 资本支出强度资本支出/营收 | 5.8% | 0.1% |
| 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 | $90.7M |
8季度趋势，按日历期对齐
经营现金流NDLSRPAY
| Q4 25 | — | $23.3M | ||
| Q3 25 | $4.3M | $32.2M | ||
| Q2 25 | $4.0M | $33.1M | ||
| Q1 25 | — | $2.5M | ||
| Q4 24 | $5.8M | $34.3M | ||
| Q3 24 | $4.7M | $60.1M | ||
| Q2 24 | $7.0M | $31.0M | ||
| Q1 24 | $164.0K | $24.8M |
自由现金流NDLSRPAY
| Q4 25 | — | $23.2M | ||
| Q3 25 | $-2.8M | $32.1M | ||
| Q2 25 | $1.1M | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | $-1.3M | $34.0M | ||
| Q3 24 | $-4.5M | $59.8M | ||
| Q2 24 | $-1.6M | $30.5M | ||
| Q1 24 | $-15.2M | $24.7M |
自由现金流率NDLSRPAY
| Q4 25 | — | 29.6% | ||
| Q3 25 | -2.3% | 41.3% | ||
| Q2 25 | 0.9% | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | -1.1% | 43.5% | ||
| Q3 24 | -3.5% | 75.6% | ||
| Q2 24 | -1.4% | 40.7% | ||
| Q1 24 | -12.2% | 30.6% |
资本支出强度NDLSRPAY
| Q4 25 | — | 0.1% | ||
| Q3 25 | 5.8% | 0.2% | ||
| Q2 25 | 2.4% | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 5.8% | 0.3% | ||
| Q3 24 | 7.2% | 0.3% | ||
| Q2 24 | 7.1% | 0.6% | ||
| Q1 24 | 12.3% | 0.1% |
现金转化率NDLSRPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| 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
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
