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How Noble Romans (NROM) makes money

Noble Romans (NROM) made $4.1M of revenue in the second quarter 2026 (Q2 2026), +1% from a year earlier. Of every dollar of revenue, 17¢ was left as operating profit, 5¢ was left as net earnings.

Drawing the Sankey…

Noble Romans revenue by quarterNoble Romans revenue by quarter$3.7MQ4 2024$3.8MQ1 2025$4.1MQ2 2025$4.1MQ3 2025$4.5MQ4 2025$3.9MQ1 2026$4.1MQ2 2026
Noble Romans: where each dollar of revenue goesNoble Romans: where each dollar of revenue goesOperating profit17¢Income tax1¢Net earnings5¢Operating cash flow20¢Free cash flow19¢

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$4.1M100.0%
Operating profit$713K17.3%
Income tax$25K0.6%
Net earnings$191K4.6%
Operating cash flow$804K19.5%
Free cash flow$771K18.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$4.1M+1%
Q1 2026$3.9M+4%
Q4 2025$4.5M+21%
Q3 2025$4.1M+7%
Q2 2025$4.1M+4%
Q1 2025$3.8M+3%
Q4 2024$3.7M+11%

From Noble Romans' 10-Q filed Aug 12, 2026 (on EDGAR).

Questions

How does Noble Romans make money?

Noble Romans (NROM) made $4.1M of revenue in the second quarter 2026 (Q2 2026), +1% from a year earlier. Of every dollar of revenue, 17¢ was left as operating profit, 5¢ was left as net earnings.

What is Noble Romans' profit margin?

Net earnings were $191K, 4.6% of revenue, in the second quarter 2026; the operating margin was 17.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.