Filing Flows

Filing Flows › Noble Romans (NROM) › Q1 2026 › vs Q4 2025

Noble Romans (NROM) Q1 2026 vs Q4 2025 (quarter over quarter)

Noble Romans's revenue fell $573K (-13%) from $4.5M in Q4 2025 to $3.9M in Q1 2026. Operating margin 14.1% against 3.8% (+10.3 pts).

Noble Romans, Q1 2026: revenue $3.9M (+4% year over year), operating margin 14.1%, net earnings $233K, operating cash flow $322K. The chart draws each line against Q4 2025, the increases inside each band.

Noble Romans: what changed, Q1 2026 vs Q4 2025Noble Romans: what changed, Q1 2026 vs Q4 2025Costs & expenses−$953KOther operating costs−$518KGeneral & admin−$435KOperating profit$380KOther expense, net$221KWorking capital & other$213KNet earnings$201KPre-tax earnings$159KIncome tax−$42KFree cash flow (OCF − capex)−$19K

Margins

Q1 2026Q4 2025Change
Operating margin14.1%3.8%+10.3 pts
Net margin6.0%0.7%+5.2 pts
Free cash flow margin7.2%6.7%+0.5 pts

Every line

LineQ1 2026Q4 2025Change%
Revenue$3.9M$4.5M−$573K-13%
Operating profit$550K$171K$380K+222%
Costs & expenses$3.4M$4.3M−$953K-22%
Pre-tax earnings$306K$147K$159K+107%
Other expense, net$245K$23K$221K+948%
General & admin$623K$1.1M−$435K-41%
Other operating costs$2.7M$3.2M−$518K-16%
Net earnings$233K$32K$201K+629%
Income tax$73K$116K−$42K-36%
Depreciation & amortization$104K$98K$6K+6%
Share-based compensation$14K$14K−$282-2%
Working capital & other$28K−$185K$213K—
Operating cash flow$322K$329K−$7K-2%
Free cash flow (OCF − capex)$281K$300K−$19K-6%
Capital expenditures$42K$30K$12K+41%

Questions

How much did Noble Romans's revenue grow quarter over quarter in Q1 2026?

Noble Romans's revenue fell $573K (-13%) from $4.5M in Q4 2025 to $3.9M in Q1 2026. Operating margin 14.1% against 3.8% (+10.3 pts).

Q1 2026 results → · Compare in the interactive Sankey →