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Side-by-side financial comparison of Beta Bionics, Inc. (BBNX) and ATRenew Inc. (RERE). Click either name above to swap in a different company.

ATRenew Inc. is the larger business by last-quarter revenue ($43.2M vs $27.6M, roughly 1.6× Beta Bionics, Inc.). ATRenew Inc. runs the higher net margin — 16.9% vs -79.3%, a 96.2% gap on every dollar of revenue.

Beta Bionics, Inc. is a medical technology company focused on developing and commercializing advanced automated diabetes management solutions. Its core product is the iLet Bionic Pancreas, a wearable device that automatically adjusts insulin and glucagon delivery for people with Type 1 and Type 2 diabetes, serving primarily the U.S. healthcare market with plans for global expansion.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

BBNX vs RERE — Head-to-Head

Bigger by revenue
RERE
RERE
1.6× larger
RERE
$43.2M
$27.6M
BBNX
Higher net margin
RERE
RERE
96.2% more per $
RERE
16.9%
-79.3%
BBNX

Income Statement — Q1 FY2026 vs Q1 FY2023

Metric
BBNX
BBNX
RERE
RERE
Revenue
$27.6M
$43.2M
Net Profit
$-21.9M
$7.3M
Gross Margin
59.5%
Operating Margin
-47.4%
Net Margin
-79.3%
16.9%
Revenue YoY
56.6%
Net Profit YoY
23.6%
EPS (diluted)
$-0.49

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
BBNX
BBNX
RERE
RERE
Q1 26
$27.6M
Q4 25
$32.1M
Q3 25
$27.3M
Q2 25
$23.2M
Q1 25
$17.6M
Q1 23
$43.2M
Net Profit
BBNX
BBNX
RERE
RERE
Q1 26
$-21.9M
Q4 25
$-13.5M
Q3 25
$-14.2M
Q2 25
$-16.9M
Q1 25
$-28.7M
Q1 23
$7.3M
Gross Margin
BBNX
BBNX
RERE
RERE
Q1 26
59.5%
Q4 25
59.0%
Q3 25
55.5%
Q2 25
53.8%
Q1 25
50.9%
Q1 23
Operating Margin
BBNX
BBNX
RERE
RERE
Q1 26
-47.4%
Q4 25
-50.2%
Q3 25
-62.5%
Q2 25
-85.5%
Q1 25
-105.7%
Q1 23
Net Margin
BBNX
BBNX
RERE
RERE
Q1 26
-79.3%
Q4 25
-41.9%
Q3 25
-52.1%
Q2 25
-72.6%
Q1 25
-162.5%
Q1 23
16.9%
EPS (diluted)
BBNX
BBNX
RERE
RERE
Q1 26
$-0.49
Q4 25
$-0.16
Q3 25
$-0.33
Q2 25
$-0.39
Q1 25
$-0.93
Q1 23

Balance Sheet & Financial Strength

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

Metric
BBNX
BBNX
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$199.5M
$228.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$271.2M
$557.1M
Total Assets
$304.4M
$722.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBNX
BBNX
RERE
RERE
Q1 26
$199.5M
Q4 25
$219.1M
Q3 25
$228.7M
Q2 25
$249.7M
Q1 25
$231.5M
Q1 23
$228.0M
Stockholders' Equity
BBNX
BBNX
RERE
RERE
Q1 26
$271.2M
Q4 25
$287.6M
Q3 25
$294.8M
Q2 25
$301.6M
Q1 25
$313.8M
Q1 23
$557.1M
Total Assets
BBNX
BBNX
RERE
RERE
Q1 26
$304.4M
Q4 25
$328.7M
Q3 25
$330.0M
Q2 25
$330.0M
Q1 25
$338.0M
Q1 23
$722.9M

Financial Flow Comparison

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

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