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Side-by-side financial comparison of ALLIANCE ENTERTAINMENT HOLDING CORP (AENT) and B&G Foods, Inc. (BGS). Click either name above to swap in a different company.
B&G Foods, Inc. is the larger business by last-quarter revenue ($439.3M vs $368.7M, roughly 1.2× ALLIANCE ENTERTAINMENT HOLDING CORP). ALLIANCE ENTERTAINMENT HOLDING CORP runs the higher net margin — 2.5% vs -4.4%, a 6.9% gap on every dollar of revenue. On growth, B&G Foods, Inc. posted the faster year-over-year revenue change (-4.7% vs -6.3%). ALLIANCE ENTERTAINMENT HOLDING CORP produced more free cash flow last quarter ($-16.9M vs $-70.7M). Over the past eight quarters, ALLIANCE ENTERTAINMENT HOLDING CORP's revenue compounded faster (32.1% CAGR vs -12.8%).
Alliance Atlantis Communications Inc. was a media company that operated primarily as a specialty service provider in Canada. Primarily based in Toronto, Alliance Atlantis also had offices in Halifax, Los Angeles, London, Dublin, Madrid, Barcelona, Shannon, and Sydney.
B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.
AENT vs BGS — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $368.7M | $439.3M |
| Net Profit | $9.4M | $-19.1M |
| Gross Margin | — | 22.5% |
| Operating Margin | 4.7% | 2.5% |
| Net Margin | 2.5% | -4.4% |
| Revenue YoY | -6.3% | -4.7% |
| Net Profit YoY | 32.8% | -356.5% |
| EPS (diluted) | $0.18 | $-0.24 |
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 | $368.7M | — | ||
| Q3 25 | $254.0M | $439.3M | ||
| Q2 25 | $227.8M | $424.4M | ||
| Q1 25 | $213.0M | $425.4M | ||
| Q4 24 | $393.7M | $551.6M | ||
| Q3 24 | $229.0M | $461.1M | ||
| Q2 24 | $236.9M | $444.6M | ||
| Q1 24 | $211.2M | $475.2M |
| Q4 25 | $9.4M | — | ||
| Q3 25 | $4.9M | $-19.1M | ||
| Q2 25 | $5.8M | $-9.8M | ||
| Q1 25 | $1.9M | $835.0K | ||
| Q4 24 | $7.1M | $-222.4M | ||
| Q3 24 | $397.0K | $7.5M | ||
| Q2 24 | $2.5M | $3.9M | ||
| Q1 24 | $-3.4M | $-40.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | 22.5% | ||
| Q2 25 | — | 20.5% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 21.5% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 20.7% | ||
| Q1 24 | — | 22.9% |
| Q4 25 | 4.7% | — | ||
| Q3 25 | 4.2% | 2.5% | ||
| Q2 25 | 4.3% | 5.2% | ||
| Q1 25 | 1.7% | 8.4% | ||
| Q4 24 | 3.8% | -46.6% | ||
| Q3 24 | 0.9% | 11.1% | ||
| Q2 24 | 0.2% | 9.9% | ||
| Q1 24 | -0.3% | -3.3% |
| Q4 25 | 2.5% | — | ||
| Q3 25 | 1.9% | -4.4% | ||
| Q2 25 | 2.5% | -2.3% | ||
| Q1 25 | 0.9% | 0.2% | ||
| Q4 24 | 1.8% | -40.3% | ||
| Q3 24 | 0.2% | 1.6% | ||
| Q2 24 | 1.1% | 0.9% | ||
| Q1 24 | -1.6% | -8.5% |
| Q4 25 | $0.18 | — | ||
| Q3 25 | $0.10 | $-0.24 | ||
| Q2 25 | $0.11 | $-0.12 | ||
| Q1 25 | $0.04 | $0.01 | ||
| Q4 24 | $0.14 | $-2.81 | ||
| Q3 24 | $0.01 | $0.09 | ||
| Q2 24 | $0.05 | $0.05 | ||
| Q1 24 | $-0.07 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $60.9M |
| Total DebtLower is stronger | — | $2.0B |
| Stockholders' EquityBook value | $117.6M | $470.7M |
| Total Assets | $434.1M | $2.9B |
| Debt / EquityLower = less leverage | — | 4.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $60.9M | ||
| Q2 25 | — | $54.1M | ||
| Q1 25 | — | $61.2M | ||
| Q4 24 | — | $50.6M | ||
| Q3 24 | $4.3M | $54.7M | ||
| Q2 24 | $1.1M | $40.3M | ||
| Q1 24 | $1.6M | $42.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.0B |
| Q4 25 | $117.6M | — | ||
| Q3 25 | $108.1M | $470.7M | ||
| Q2 25 | $103.2M | $501.4M | ||
| Q1 25 | $97.4M | $513.1M | ||
| Q4 24 | $95.6M | $524.8M | ||
| Q3 24 | $88.0M | $755.3M | ||
| Q2 24 | $87.6M | $765.0M | ||
| Q1 24 | $85.1M | $781.2M |
| Q4 25 | $434.1M | — | ||
| Q3 25 | $383.0M | $2.9B | ||
| Q2 25 | $361.2M | $2.9B | ||
| Q1 25 | $349.4M | $3.0B | ||
| Q4 24 | $401.7M | $3.0B | ||
| Q3 24 | $395.7M | $3.4B | ||
| Q2 24 | $340.8M | $3.4B | ||
| Q1 24 | $324.0M | $3.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 3.97× | ||
| Q1 25 | — | 3.91× | ||
| Q4 24 | — | 3.85× | ||
| Q3 24 | — | 2.75× | ||
| Q2 24 | — | 2.67× | ||
| Q1 24 | — | 2.61× |
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 | $-16.5M | $-64.6M |
| Free Cash FlowOCF − Capex | $-16.9M | $-70.7M |
| FCF MarginFCF / Revenue | -4.6% | -16.1% |
| Capex IntensityCapex / Revenue | 0.1% | 1.4% |
| Cash ConversionOCF / Net Profit | -1.76× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4M | $54.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $2.7M | $-64.6M | ||
| Q2 25 | $10.7M | $17.8M | ||
| Q1 25 | $2.5M | $52.7M | ||
| Q4 24 | $25.3M | $80.3M | ||
| Q3 24 | $-11.6M | $4.2M | ||
| Q2 24 | $9.7M | $11.3M | ||
| Q1 24 | $20.0M | $35.1M |
| Q4 25 | $-16.9M | — | ||
| Q3 25 | $2.4M | $-70.7M | ||
| Q2 25 | $10.7M | $11.5M | ||
| Q1 25 | $2.4M | $42.4M | ||
| Q4 24 | — | $71.7M | ||
| Q3 24 | $-11.6M | $-679.0K | ||
| Q2 24 | — | $5.2M | ||
| Q1 24 | $20.0M | $27.5M |
| Q4 25 | -4.6% | — | ||
| Q3 25 | 0.9% | -16.1% | ||
| Q2 25 | 4.7% | 2.7% | ||
| Q1 25 | 1.1% | 10.0% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | -5.1% | -0.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | 9.4% | 5.8% |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.1% | 1.4% | ||
| Q2 25 | 0.0% | 1.5% | ||
| Q1 25 | 0.0% | 2.4% | ||
| Q4 24 | 0.0% | 1.6% | ||
| Q3 24 | 0.0% | 1.0% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | 0.0% | 1.6% |
| Q4 25 | -1.76× | — | ||
| Q3 25 | 0.56× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | 1.33× | 63.17× | ||
| Q4 24 | 3.57× | — | ||
| Q3 24 | -29.31× | 0.56× | ||
| Q2 24 | 3.85× | 2.87× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AENT
Segment breakdown not available.
BGS
| Specialty Segment | $150.5M | 34% |
| Meals Segment | $110.0M | 25% |
| Spices And Flavor Solutions Segment | $101.4M | 23% |
| Frozen And Vegetables Segment | $77.4M | 18% |
