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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and BEYOND MEAT, INC. (BYND). Click either name above to swap in a different company.
BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $43.2M, roughly 1.4× ADAMAS TRUST, INC.). On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs -19.7%). ADAMAS TRUST, INC. produced more free cash flow last quarter ($125.9M vs $-49.8M). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs -9.7%).
Beyond Meat, Inc., branded as Beyond, is a producer of plant-based meat alternatives founded in 2009 by Ethan Brown. The company's products were first launched in the United States in 2012.
ADAM vs BYND — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $61.6M |
| Net Profit | $53.5M | — |
| Gross Margin | — | -11.5% |
| Operating Margin | — | -211.4% |
| Net Margin | 124.0% | — |
| Revenue YoY | 61.6% | -19.7% |
| Net Profit YoY | 270.5% | — |
| EPS (diluted) | $0.45 | $0.68 |
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.
| Q4 25 | $43.2M | $61.6M | ||
| Q3 25 | $36.6M | $70.2M | ||
| Q2 25 | $36.4M | $75.0M | ||
| Q1 25 | $33.1M | $68.7M | ||
| Q4 24 | $26.7M | $76.7M | ||
| Q3 24 | $20.2M | $81.0M | ||
| Q2 24 | $19.0M | $93.2M | ||
| Q1 24 | $17.9M | $75.6M |
| Q4 25 | $53.5M | — | ||
| Q3 25 | $44.8M | $-110.7M | ||
| Q2 25 | $8.5M | $-29.2M | ||
| Q1 25 | $42.2M | $-52.9M | ||
| Q4 24 | $-31.4M | — | ||
| Q3 24 | $42.8M | $-26.6M | ||
| Q2 24 | $-15.6M | $-34.5M | ||
| Q1 24 | $-57.9M | $-54.4M |
| Q4 25 | — | -11.5% | ||
| Q3 25 | — | 10.3% | ||
| Q2 25 | — | 11.5% | ||
| Q1 25 | — | -1.5% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | — | 17.7% | ||
| Q2 24 | — | 14.7% | ||
| Q1 24 | — | 4.9% |
| Q4 25 | — | -211.4% | ||
| Q3 25 | — | -160.0% | ||
| Q2 25 | 11.7% | -46.6% | ||
| Q1 25 | — | -81.8% | ||
| Q4 24 | -119.0% | -49.3% | ||
| Q3 24 | — | -38.2% | ||
| Q2 24 | -124.7% | -36.4% | ||
| Q1 24 | -448.8% | -70.7% |
| Q4 25 | 124.0% | — | ||
| Q3 25 | 122.5% | -157.6% | ||
| Q2 25 | 23.4% | -39.0% | ||
| Q1 25 | 127.4% | -77.0% | ||
| Q4 24 | -117.5% | — | ||
| Q3 24 | 211.7% | -32.8% | ||
| Q2 24 | -81.9% | -37.0% | ||
| Q1 24 | -324.1% | -71.9% |
| Q4 25 | $0.45 | $0.68 | ||
| Q3 25 | $0.36 | $-1.44 | ||
| Q2 25 | $-0.04 | $-0.38 | ||
| Q1 25 | $0.33 | $-0.69 | ||
| Q4 24 | $-0.46 | $-0.65 | ||
| Q3 24 | $0.36 | $-0.41 | ||
| Q2 24 | $-0.29 | $-0.53 | ||
| Q1 24 | $-0.75 | $-0.84 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $203.9M |
| Total DebtLower is stronger | $735.8M | $415.7M |
| Stockholders' EquityBook value | $1.4B | $-997.0K |
| Total Assets | $12.6B | $614.7M |
| Debt / EquityLower = less leverage | 0.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.3M | $203.9M | ||
| Q3 25 | $185.3M | $117.3M | ||
| Q2 25 | $160.4M | $103.5M | ||
| Q1 25 | $177.1M | $102.1M | ||
| Q4 24 | $167.4M | $131.9M | ||
| Q3 24 | $195.1M | $121.7M | ||
| Q2 24 | $235.5M | $144.9M | ||
| Q1 24 | $226.9M | $157.9M |
| Q4 25 | $735.8M | $415.7M | ||
| Q3 25 | $766.6M | $1.2B | ||
| Q2 25 | $653.0M | $1.2B | ||
| Q1 25 | $654.4M | $1.1B | ||
| Q4 24 | $573.2M | $1.1B | ||
| Q3 24 | $699.4M | $1.1B | ||
| Q2 24 | $800.7M | $1.1B | ||
| Q1 24 | $1.0B | $1.1B |
| Q4 25 | $1.4B | $-997.0K | ||
| Q3 25 | $1.4B | $-784.1M | ||
| Q2 25 | $1.4B | $-677.0M | ||
| Q1 25 | $1.4B | $-649.5M | ||
| Q4 24 | $1.4B | $-601.2M | ||
| Q3 24 | $1.4B | $-611.9M | ||
| Q2 24 | $1.4B | $-590.0M | ||
| Q1 24 | $1.5B | $-561.4M |
| Q4 25 | $12.6B | $614.7M | ||
| Q3 25 | $12.4B | $599.7M | ||
| Q2 25 | $10.6B | $691.7M | ||
| Q1 25 | $10.0B | $643.8M | ||
| Q4 24 | $9.2B | $678.1M | ||
| Q3 24 | $8.9B | $692.9M | ||
| Q2 24 | $8.2B | $711.2M | ||
| Q1 24 | $7.4B | $735.0M |
| Q4 25 | 0.52× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.67× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $134.0M | $-46.8M |
| Free Cash FlowOCF − Capex | $125.9M | $-49.8M |
| FCF MarginFCF / Revenue | 291.6% | -80.8% |
| Capex IntensityCapex / Revenue | 18.9% | 4.8% |
| Cash ConversionOCF / Net Profit | 2.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-157.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $134.0M | $-46.8M | ||
| Q3 25 | $6.9M | $-38.8M | ||
| Q2 25 | $39.2M | $-33.2M | ||
| Q1 25 | $25.8M | $-26.1M | ||
| Q4 24 | $14.1M | $-29.0M | ||
| Q3 24 | $-922.0K | $-22.0M | ||
| Q2 24 | $-993.0K | $-16.0M | ||
| Q1 24 | $-13.1M | $-31.8M |
| Q4 25 | $125.9M | $-49.8M | ||
| Q3 25 | — | $-41.7M | ||
| Q2 25 | — | $-35.1M | ||
| Q1 25 | — | $-30.6M | ||
| Q4 24 | $-10.6M | $-35.4M | ||
| Q3 24 | $-8.6M | $-24.1M | ||
| Q2 24 | $-8.6M | $-17.3M | ||
| Q1 24 | $-19.1M | $-33.0M |
| Q4 25 | 291.6% | -80.8% | ||
| Q3 25 | — | -59.4% | ||
| Q2 25 | — | -46.9% | ||
| Q1 25 | — | -44.6% | ||
| Q4 24 | -39.6% | -46.2% | ||
| Q3 24 | -42.3% | -29.7% | ||
| Q2 24 | -44.9% | -18.6% | ||
| Q1 24 | -107.0% | -43.7% |
| Q4 25 | 18.9% | 4.8% | ||
| Q3 25 | — | 4.1% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | 92.3% | 8.4% | ||
| Q3 24 | 37.7% | 2.5% | ||
| Q2 24 | 39.7% | 1.4% | ||
| Q1 24 | 33.5% | 1.6% |
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
BYND
Segment breakdown not available.
