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Side-by-side financial comparison of BALCHEM CORP (BCPC) 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 $270.7M, roughly 1.6× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs -4.4%, a 19.2% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs -4.7%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $-70.7M). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% CAGR vs -12.8%).
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.
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.
BCPC vs BGS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.7M | $439.3M |
| Net Profit | $40.3M | $-19.1M |
| Gross Margin | — | 22.5% |
| Operating Margin | 20.5% | 2.5% |
| Net Margin | 14.9% | -4.4% |
| Revenue YoY | 8.1% | -4.7% |
| Net Profit YoY | 8.7% | -356.5% |
| EPS (diluted) | $1.25 | $-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.
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | — | ||
| Q3 25 | $267.6M | $439.3M | ||
| Q2 25 | $255.5M | $424.4M | ||
| Q1 25 | $250.5M | $425.4M | ||
| Q4 24 | $240.0M | $551.6M | ||
| Q3 24 | $239.9M | $461.1M | ||
| Q2 24 | $234.1M | $444.6M |
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | — | ||
| Q3 25 | $40.3M | $-19.1M | ||
| Q2 25 | $38.3M | $-9.8M | ||
| Q1 25 | $37.1M | $835.0K | ||
| Q4 24 | $33.6M | $-222.4M | ||
| Q3 24 | $33.8M | $7.5M | ||
| Q2 24 | $32.1M | $3.9M |
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | — | ||
| Q3 25 | 35.7% | 22.5% | ||
| Q2 25 | 36.4% | 20.5% | ||
| Q1 25 | 35.2% | 21.2% | ||
| Q4 24 | 36.0% | 21.5% | ||
| Q3 24 | 35.6% | 22.2% | ||
| Q2 24 | 35.5% | 20.7% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | — | ||
| Q3 25 | 20.4% | 2.5% | ||
| Q2 25 | 20.1% | 5.2% | ||
| Q1 25 | 20.4% | 8.4% | ||
| Q4 24 | 19.8% | -46.6% | ||
| Q3 24 | 20.0% | 11.1% | ||
| Q2 24 | 19.6% | 9.9% |
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | — | ||
| Q3 25 | 15.1% | -4.4% | ||
| Q2 25 | 15.0% | -2.3% | ||
| Q1 25 | 14.8% | 0.2% | ||
| Q4 24 | 14.0% | -40.3% | ||
| Q3 24 | 14.1% | 1.6% | ||
| Q2 24 | 13.7% | 0.9% |
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | — | ||
| Q3 25 | $1.24 | $-0.24 | ||
| Q2 25 | $1.17 | $-0.12 | ||
| Q1 25 | $1.13 | $0.01 | ||
| Q4 24 | $1.03 | $-2.81 | ||
| Q3 24 | $1.03 | $0.09 | ||
| Q2 24 | $0.98 | $0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $72.9M | $60.9M |
| Total DebtLower is stronger | — | $2.0B |
| Stockholders' EquityBook value | $1.3B | $470.7M |
| Total Assets | $1.7B | $2.9B |
| Debt / EquityLower = less leverage | — | 4.30× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | — | ||
| Q3 25 | $65.1M | $60.9M | ||
| Q2 25 | $65.4M | $54.1M | ||
| Q1 25 | $49.9M | $61.2M | ||
| Q4 24 | $49.5M | $50.6M | ||
| Q3 24 | $73.7M | $54.7M | ||
| Q2 24 | $63.7M | $40.3M |
| Q1 26 | — | — | ||
| 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 26 | $1.3B | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | $470.7M | ||
| Q2 25 | $1.3B | $501.4M | ||
| Q1 25 | $1.2B | $513.1M | ||
| Q4 24 | $1.1B | $524.8M | ||
| Q3 24 | $1.2B | $755.3M | ||
| Q2 24 | $1.1B | $765.0M |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | $2.9B | ||
| Q2 25 | $1.7B | $2.9B | ||
| Q1 25 | $1.6B | $3.0B | ||
| Q4 24 | $1.6B | $3.0B | ||
| Q3 24 | $1.6B | $3.4B | ||
| Q2 24 | $1.6B | $3.4B |
| Q1 26 | — | — | ||
| 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× |
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 | $40.1M | $-64.6M |
| Free Cash FlowOCF − Capex | $33.8M | $-70.7M |
| FCF MarginFCF / Revenue | 12.5% | -16.1% |
| Capex IntensityCapex / Revenue | 2.3% | 1.4% |
| Cash ConversionOCF / Net Profit | 0.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $54.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | — | ||
| Q3 25 | $65.6M | $-64.6M | ||
| Q2 25 | $47.3M | $17.8M | ||
| Q1 25 | $36.5M | $52.7M | ||
| Q4 24 | $52.3M | $80.3M | ||
| Q3 24 | $51.3M | $4.2M | ||
| Q2 24 | $45.0M | $11.3M |
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-70.7M | ||
| Q2 25 | — | $11.5M | ||
| Q1 25 | — | $42.4M | ||
| Q4 24 | — | $71.7M | ||
| Q3 24 | — | $-679.0K | ||
| Q2 24 | — | $5.2M |
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -16.1% | ||
| Q2 25 | — | 2.7% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | -0.1% | ||
| Q2 24 | — | 1.2% |
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | — | 1.4% |
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 0.98× | 63.17× | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 1.52× | 0.56× | ||
| Q2 24 | 1.40× | 2.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCPC
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% |
