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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and SunOpta Inc. (STKL). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $205.4M, roughly 1.7× SunOpta Inc.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs 0.4%, a 4.3% gap on every dollar of revenue. On growth, SunOpta Inc. posted the faster year-over-year revenue change (16.6% vs 1.6%). Over the past eight quarters, SunOpta Inc.'s revenue compounded faster (7.4% CAGR vs 2.9%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
SunOpta, Inc. is a multi-national food and mineral company headquartered in Eden Prairie, Minnesota and founded in 1973 in Canada.
APOG vs STKL — Head-to-Head
Income Statement — Q4 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $351.4M | $205.4M |
| Net Profit | $16.6M | $816.0K |
| Gross Margin | 22.4% | 12.4% |
| Operating Margin | 7.3% | 3.3% |
| Net Margin | 4.7% | 0.4% |
| Revenue YoY | 1.6% | 16.6% |
| Net Profit YoY | 568.8% | 113.1% |
| EPS (diluted) | $0.78 | $0.01 |
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.
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | — | ||
| Q3 25 | $358.2M | $205.4M | ||
| Q2 25 | $346.6M | $191.5M | ||
| Q1 25 | $345.7M | $201.6M | ||
| Q4 24 | $341.3M | $193.9M | ||
| Q3 24 | $342.4M | $175.9M | ||
| Q2 24 | $331.5M | $169.5M |
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | — | ||
| Q3 25 | $23.6M | $816.0K | ||
| Q2 25 | $-2.7M | $4.4M | ||
| Q1 25 | $2.5M | $4.8M | ||
| Q4 24 | $21.0M | $-8.7M | ||
| Q3 24 | $30.6M | $-6.2M | ||
| Q2 24 | $31.0M | $-5.3M |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | — | ||
| Q3 25 | 23.1% | 12.4% | ||
| Q2 25 | 21.7% | 14.8% | ||
| Q1 25 | 21.6% | 15.0% | ||
| Q4 24 | 26.1% | 10.9% | ||
| Q3 24 | 28.4% | 13.0% | ||
| Q2 24 | 29.8% | 12.5% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | — | ||
| Q3 25 | 7.5% | 3.3% | ||
| Q2 25 | 2.0% | 5.5% | ||
| Q1 25 | 1.8% | 5.2% | ||
| Q4 24 | 8.4% | 1.4% | ||
| Q3 24 | 12.3% | 0.5% | ||
| Q2 24 | 12.5% | 1.2% |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | — | ||
| Q3 25 | 6.6% | 0.4% | ||
| Q2 25 | -0.8% | 2.3% | ||
| Q1 25 | 0.7% | 2.4% | ||
| Q4 24 | 6.1% | -4.5% | ||
| Q3 24 | 8.9% | -3.5% | ||
| Q2 24 | 9.4% | -3.1% |
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | — | ||
| Q3 25 | $1.10 | $0.01 | ||
| Q2 25 | $-0.13 | $0.03 | ||
| Q1 25 | $0.12 | $0.04 | ||
| Q4 24 | $0.96 | $-0.08 | ||
| Q3 24 | $1.40 | $-0.05 | ||
| Q2 24 | $1.41 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.5M | $2.2M |
| Total DebtLower is stronger | $232.3M | $250.8M |
| Stockholders' EquityBook value | $511.8M | $162.8M |
| Total Assets | $1.1B | $694.1M |
| Debt / EquityLower = less leverage | 0.45× | 1.54× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | — | ||
| Q3 25 | $39.5M | $2.2M | ||
| Q2 25 | $32.8M | $2.2M | ||
| Q1 25 | $41.4M | $2.3M | ||
| Q4 24 | $43.9M | $1.6M | ||
| Q3 24 | $51.0M | $2.9M | ||
| Q2 24 | $30.4M | $3.2M |
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $250.8M | ||
| Q2 25 | — | $263.3M | ||
| Q1 25 | $285.0M | $260.6M | ||
| Q4 24 | — | $265.2M | ||
| Q3 24 | — | $289.9M | ||
| Q2 24 | — | $303.1M |
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | — | ||
| Q3 25 | $500.2M | $162.8M | ||
| Q2 25 | $481.8M | $159.8M | ||
| Q1 25 | $487.9M | $154.8M | ||
| Q4 24 | $522.1M | $148.6M | ||
| Q3 24 | $506.4M | $155.0M | ||
| Q2 24 | $480.0M | $158.8M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.2B | $694.1M | ||
| Q2 25 | $1.2B | $704.9M | ||
| Q1 25 | $1.2B | $690.7M | ||
| Q4 24 | $1.2B | $668.5M | ||
| Q3 24 | $917.1M | $699.3M | ||
| Q2 24 | $889.0M | $704.7M |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.54× | ||
| Q2 25 | — | 1.65× | ||
| Q1 25 | 0.58× | 1.68× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | 1.91× |
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 | $122.5M | $16.3M |
| Free Cash FlowOCF − Capex | — | $12.1M |
| FCF MarginFCF / Revenue | — | 5.9% |
| Capex IntensityCapex / Revenue | 7.8% | 2.1% |
| Cash ConversionOCF / Net Profit | 7.37× | 20.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | $36.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | — | ||
| Q3 25 | $57.1M | $16.3M | ||
| Q2 25 | $-19.8M | $-4.5M | ||
| Q1 25 | $30.0M | $22.3M | ||
| Q4 24 | $31.0M | $33.1M | ||
| Q3 24 | $58.7M | $17.2M | ||
| Q2 24 | $5.5M | $-5.6M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | — | ||
| Q3 25 | $52.4M | $12.1M | ||
| Q2 25 | $-26.9M | $-9.2M | ||
| Q1 25 | $19.1M | $9.5M | ||
| Q4 24 | $22.0M | $24.0M | ||
| Q3 24 | $50.2M | $11.7M | ||
| Q2 24 | $-1.8M | $-15.3M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 14.6% | 5.9% | ||
| Q2 25 | -7.8% | -4.8% | ||
| Q1 25 | 5.5% | 4.7% | ||
| Q4 24 | 6.4% | 12.4% | ||
| Q3 24 | 14.7% | 6.6% | ||
| Q2 24 | -0.5% | -9.0% |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.3% | 2.1% | ||
| Q2 25 | 2.1% | 2.5% | ||
| Q1 25 | 3.2% | 6.3% | ||
| Q4 24 | 2.6% | 4.7% | ||
| Q3 24 | 2.5% | 3.2% | ||
| Q2 24 | 2.2% | 5.7% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | 20.03× | ||
| Q2 25 | — | -1.03× | ||
| Q1 25 | 12.08× | 4.63× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | 0.18× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
STKL
| Beverages And Broths | $161.4M | 79% |
| Fruit Snacks | $40.9M | 20% |
| Ingredients | $3.1M | 2% |