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Side-by-side financial comparison of Bally's Corp (BALY) and B&G Foods, Inc. (BGS). Click either name above to swap in a different company.
Bally's Corp is the larger business by last-quarter revenue ($746.2M vs $439.3M, roughly 1.7× B&G Foods, Inc.). B&G Foods, Inc. runs the higher net margin — -4.4% vs -47.3%, a 43.0% gap on every dollar of revenue. On growth, Bally's Corp posted the faster year-over-year revenue change (28.6% vs -4.7%). Over the past eight quarters, Bally's Corp's revenue compounded faster (9.8% CAGR vs -12.8%).
Bally's Corporation is an American gambling, betting, and interactive entertainment company headquartered in Providence, Rhode Island. In the US it operates 19 casinos across 11 states, a horse track in Colorado, a golf course in New York, and online sports betting operations in 14 states. In Australia, it operates two properties across two states through its Star Entertainment Group subsidiary.
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.
BALY vs BGS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $746.2M | $439.3M |
| Net Profit | $-353.2M | $-19.1M |
| Gross Margin | — | 22.5% |
| Operating Margin | -36.8% | 2.5% |
| Net Margin | -47.3% | -4.4% |
| Revenue YoY | 28.6% | -4.7% |
| Net Profit YoY | -311.8% | -356.5% |
| EPS (diluted) | $-5.84 | $-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 | $746.2M | — | ||
| Q3 25 | $663.7M | $439.3M | ||
| Q2 25 | $657.5M | $424.4M | ||
| Q1 25 | $368.7M | $425.4M | ||
| Q4 24 | $580.4M | $551.6M | ||
| Q3 24 | $630.0M | $461.1M | ||
| Q2 24 | $621.7M | $444.6M | ||
| Q1 24 | $618.5M | $475.2M |
| Q4 25 | $-353.2M | — | ||
| Q3 25 | $-102.9M | $-19.1M | ||
| Q2 25 | $-228.4M | $-9.8M | ||
| Q1 25 | $34.5M | $835.0K | ||
| Q4 24 | $-85.8M | $-222.4M | ||
| Q3 24 | $-247.9M | $7.5M | ||
| Q2 24 | $-60.2M | $3.9M | ||
| Q1 24 | $-173.9M | $-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 | -36.8% | — | ||
| Q3 25 | 0.1% | 2.5% | ||
| Q2 25 | -0.4% | 5.2% | ||
| Q1 25 | -0.5% | 8.4% | ||
| Q4 24 | -5.6% | -46.6% | ||
| Q3 24 | -25.0% | 11.1% | ||
| Q2 24 | 0.9% | 9.9% | ||
| Q1 24 | -12.0% | -3.3% |
| Q4 25 | -47.3% | — | ||
| Q3 25 | -15.5% | -4.4% | ||
| Q2 25 | -34.7% | -2.3% | ||
| Q1 25 | 9.4% | 0.2% | ||
| Q4 24 | -14.8% | -40.3% | ||
| Q3 24 | -39.3% | 1.6% | ||
| Q2 24 | -9.7% | 0.9% | ||
| Q1 24 | -28.1% | -8.5% |
| Q4 25 | $-5.84 | — | ||
| Q3 25 | $-1.70 | $-0.24 | ||
| Q2 25 | $-3.76 | $-0.12 | ||
| Q1 25 | $0.57 | $0.01 | ||
| Q4 24 | $-1.76 | $-2.81 | ||
| Q3 24 | $-5.10 | $0.09 | ||
| Q2 24 | $-1.24 | $0.05 | ||
| Q1 24 | $-3.61 | $-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 | $798.4M | $60.9M |
| Total DebtLower is stronger | $4.5B | $2.0B |
| Stockholders' EquityBook value | $994.7M | $470.7M |
| Total Assets | $11.2B | $2.9B |
| Debt / EquityLower = less leverage | 4.52× | 4.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $798.4M | — | ||
| Q3 25 | $160.7M | $60.9M | ||
| Q2 25 | $174.6M | $54.1M | ||
| Q1 25 | $209.7M | $61.2M | ||
| Q4 24 | $171.2M | $50.6M | ||
| Q3 24 | $191.0M | $54.7M | ||
| Q2 24 | $154.7M | $40.3M | ||
| Q1 24 | $169.4M | $42.5M |
| Q4 25 | $4.5B | — | ||
| Q3 25 | $3.7B | $2.0B | ||
| Q2 25 | $3.6B | $2.0B | ||
| Q1 25 | $3.5B | $2.0B | ||
| Q4 24 | $3.3B | $2.0B | ||
| Q3 24 | $3.7B | $2.1B | ||
| Q2 24 | $3.7B | $2.0B | ||
| Q1 24 | $3.7B | $2.0B |
| Q4 25 | $994.7M | — | ||
| Q3 25 | $521.5M | $470.7M | ||
| Q2 25 | $630.1M | $501.4M | ||
| Q1 25 | $796.5M | $513.1M | ||
| Q4 24 | $30.9M | $524.8M | ||
| Q3 24 | $233.4M | $755.3M | ||
| Q2 24 | $393.1M | $765.0M | ||
| Q1 24 | $449.4M | $781.2M |
| Q4 25 | $11.2B | — | ||
| Q3 25 | $7.6B | $2.9B | ||
| Q2 25 | $7.8B | $2.9B | ||
| Q1 25 | $7.5B | $3.0B | ||
| Q4 24 | $5.9B | $3.0B | ||
| Q3 24 | $6.4B | $3.4B | ||
| Q2 24 | $6.6B | $3.4B | ||
| Q1 24 | $6.6B | $3.4B |
| Q4 25 | 4.52× | — | ||
| Q3 25 | 7.17× | 4.30× | ||
| Q2 25 | 5.68× | 3.97× | ||
| Q1 25 | 4.33× | 3.91× | ||
| Q4 24 | 107.40× | 3.85× | ||
| Q3 24 | 15.73× | 2.75× | ||
| Q2 24 | 9.34× | 2.67× | ||
| Q1 24 | 8.19× | 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 | — | $-64.6M |
| Free Cash FlowOCF − Capex | — | $-70.7M |
| FCF MarginFCF / Revenue | — | -16.1% |
| Capex IntensityCapex / Revenue | 5.1% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $54.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $-88.6M | $-64.6M | ||
| Q2 25 | — | $17.8M | ||
| Q1 25 | $42.0M | $52.7M | ||
| Q4 24 | $37.8M | $80.3M | ||
| Q3 24 | $36.5M | $4.2M | ||
| Q2 24 | $47.6M | $11.3M | ||
| Q1 24 | $-7.9M | $35.1M |
| Q4 25 | — | — | ||
| Q3 25 | $-139.3M | $-70.7M | ||
| Q2 25 | — | $11.5M | ||
| Q1 25 | $11.5M | $42.4M | ||
| Q4 24 | $-5.9M | $71.7M | ||
| Q3 24 | $-55.8M | $-679.0K | ||
| Q2 24 | $11.8M | $5.2M | ||
| Q1 24 | $-35.9M | $27.5M |
| Q4 25 | — | — | ||
| Q3 25 | -21.0% | -16.1% | ||
| Q2 25 | — | 2.7% | ||
| Q1 25 | 3.1% | 10.0% | ||
| Q4 24 | -1.0% | 13.0% | ||
| Q3 24 | -8.9% | -0.1% | ||
| Q2 24 | 1.9% | 1.2% | ||
| Q1 24 | -5.8% | 5.8% |
| Q4 25 | 5.1% | — | ||
| Q3 25 | 7.6% | 1.4% | ||
| Q2 25 | 7.4% | 1.5% | ||
| Q1 25 | 8.3% | 2.4% | ||
| Q4 24 | 7.5% | 1.6% | ||
| Q3 24 | 14.7% | 1.0% | ||
| Q2 24 | 5.7% | 1.4% | ||
| Q1 24 | 4.5% | 1.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.22× | 63.17× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | — | 2.87× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BALY
| Casinos Resorts | $366.2M | 49% |
| Non Casino | $172.7M | 23% |
| Food And Beverage | $74.6M | 10% |
| Hotel | $69.9M | 9% |
| North America Interactive | $62.3M | 8% |
| Loyalty Programs | $6.7M | 1% |
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% |
