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Side-by-side financial comparison of AVISTA CORP (AVA) and BALCHEM CORP (BCPC). Click either name above to swap in a different company.

AVISTA CORP is the larger business by last-quarter revenue ($533.0M vs $270.7M, roughly 2.0× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs 13.3%, a 1.6% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs 0.0%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $-116.0M). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% CAGR vs -6.5%).

Avista Corporation is an American energy company which generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. Approximately 1,550 employees provide electricity, natural gas, and other energy services to 359,000 electric and 320,000 natural gas customers in three western states. The service territory covers 30,000 square miles (78,000 km2) in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a popul...

Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.

AVA vs BCPC — Head-to-Head

Bigger by revenue
AVA
AVA
2.0× larger
AVA
$533.0M
$270.7M
BCPC
Growing faster (revenue YoY)
BCPC
BCPC
+8.0% gap
BCPC
8.1%
0.0%
AVA
Higher net margin
BCPC
BCPC
1.6% more per $
BCPC
14.9%
13.3%
AVA
More free cash flow
BCPC
BCPC
$149.8M more FCF
BCPC
$33.8M
$-116.0M
AVA
Faster 2-yr revenue CAGR
BCPC
BCPC
Annualised
BCPC
7.5%
-6.5%
AVA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVA
AVA
BCPC
BCPC
Revenue
$533.0M
$270.7M
Net Profit
$71.0M
$40.3M
Gross Margin
Operating Margin
21.0%
20.5%
Net Margin
13.3%
14.9%
Revenue YoY
0.0%
8.1%
Net Profit YoY
5.7%
8.7%
EPS (diluted)
$0.87
$1.25

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.

Revenue
AVA
AVA
BCPC
BCPC
Q1 26
$270.7M
Q4 25
$533.0M
$263.6M
Q3 25
$403.0M
$267.6M
Q2 25
$411.0M
$255.5M
Q1 25
$617.0M
$250.5M
Q4 24
$532.8M
$240.0M
Q3 24
$393.7M
$239.9M
Q2 24
$402.1M
$234.1M
Net Profit
AVA
AVA
BCPC
BCPC
Q1 26
$40.3M
Q4 25
$71.0M
$39.2M
Q3 25
$29.0M
$40.3M
Q2 25
$14.0M
$38.3M
Q1 25
$79.0M
$37.1M
Q4 24
$67.2M
$33.6M
Q3 24
$18.5M
$33.8M
Q2 24
$22.9M
$32.1M
Gross Margin
AVA
AVA
BCPC
BCPC
Q1 26
Q4 25
35.6%
Q3 25
35.7%
Q2 25
36.4%
Q1 25
35.2%
Q4 24
36.0%
Q3 24
35.6%
Q2 24
35.5%
Operating Margin
AVA
AVA
BCPC
BCPC
Q1 26
20.5%
Q4 25
21.0%
19.8%
Q3 25
14.9%
20.4%
Q2 25
13.9%
20.1%
Q1 25
20.3%
20.4%
Q4 24
19.1%
19.8%
Q3 24
12.4%
20.0%
Q2 24
13.5%
19.6%
Net Margin
AVA
AVA
BCPC
BCPC
Q1 26
14.9%
Q4 25
13.3%
14.9%
Q3 25
7.2%
15.1%
Q2 25
3.4%
15.0%
Q1 25
12.8%
14.8%
Q4 24
12.6%
14.0%
Q3 24
4.7%
14.1%
Q2 24
5.7%
13.7%
EPS (diluted)
AVA
AVA
BCPC
BCPC
Q1 26
$1.25
Q4 25
$0.87
$1.21
Q3 25
$0.36
$1.24
Q2 25
$0.17
$1.17
Q1 25
$0.98
$1.13
Q4 24
$0.86
$1.03
Q3 24
$0.23
$1.03
Q2 24
$0.29
$0.98

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVA
AVA
BCPC
BCPC
Cash + ST InvestmentsLiquidity on hand
$19.0M
$72.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$1.3B
Total Assets
$8.4B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVA
AVA
BCPC
BCPC
Q1 26
$72.9M
Q4 25
$19.0M
$74.6M
Q3 25
$44.0M
$65.1M
Q2 25
$9.0M
$65.4M
Q1 25
$17.0M
$49.9M
Q4 24
$30.0M
$49.5M
Q3 24
$9.1M
$73.7M
Q2 24
$14.6M
$63.7M
Stockholders' Equity
AVA
AVA
BCPC
BCPC
Q1 26
$1.3B
Q4 25
$2.7B
$1.3B
Q3 25
$2.6B
$1.3B
Q2 25
$2.6B
$1.3B
Q1 25
$2.6B
$1.2B
Q4 24
$2.6B
$1.1B
Q3 24
$2.5B
$1.2B
Q2 24
$2.5B
$1.1B
Total Assets
AVA
AVA
BCPC
BCPC
Q1 26
$1.7B
Q4 25
$8.4B
$1.7B
Q3 25
$8.2B
$1.7B
Q2 25
$8.1B
$1.7B
Q1 25
$8.0B
$1.6B
Q4 24
$7.9B
$1.6B
Q3 24
$7.8B
$1.6B
Q2 24
$7.7B
$1.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVA
AVA
BCPC
BCPC
Operating Cash FlowLast quarter
$75.0M
$40.1M
Free Cash FlowOCF − Capex
$-116.0M
$33.8M
FCF MarginFCF / Revenue
-21.8%
12.5%
Capex IntensityCapex / Revenue
35.8%
2.3%
Cash ConversionOCF / Net Profit
1.06×
0.99×
TTM Free Cash FlowTrailing 4 quarters
$-101.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVA
AVA
BCPC
BCPC
Q1 26
$40.1M
Q4 25
$75.0M
$67.3M
Q3 25
$170.0M
$65.6M
Q2 25
$40.0M
$47.3M
Q1 25
$184.0M
$36.5M
Q4 24
$89.8M
$52.3M
Q3 24
$127.2M
$51.3M
Q2 24
$126.8M
$45.0M
Free Cash Flow
AVA
AVA
BCPC
BCPC
Q1 26
$33.8M
Q4 25
$-116.0M
Q3 25
$37.0M
Q2 25
$-103.0M
Q1 25
$81.0M
Q4 24
$-37.8M
Q3 24
$-27.0M
Q2 24
$-5.7M
FCF Margin
AVA
AVA
BCPC
BCPC
Q1 26
12.5%
Q4 25
-21.8%
Q3 25
9.2%
Q2 25
-25.1%
Q1 25
13.1%
Q4 24
-7.1%
Q3 24
-6.9%
Q2 24
-1.4%
Capex Intensity
AVA
AVA
BCPC
BCPC
Q1 26
2.3%
Q4 25
35.8%
Q3 25
33.0%
Q2 25
34.8%
Q1 25
16.7%
Q4 24
23.9%
Q3 24
39.2%
Q2 24
33.0%
Cash Conversion
AVA
AVA
BCPC
BCPC
Q1 26
0.99×
Q4 25
1.06×
1.72×
Q3 25
5.86×
1.63×
Q2 25
2.86×
1.23×
Q1 25
2.33×
0.98×
Q4 24
1.34×
1.56×
Q3 24
6.88×
1.52×
Q2 24
5.55×
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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