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Side-by-side financial comparison of BALCHEM CORP (BCPC) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.

BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $232.1M, roughly 1.2× RADIANT LOGISTICS, INC). BALCHEM CORP runs the higher net margin — 14.9% vs 2.3%, a 12.6% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs -12.3%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $11.6M). Over the past eight quarters, RADIANT LOGISTICS, INC's revenue compounded faster (12.1% CAGR vs 7.5%).

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.

Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.

BCPC vs RLGT — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.2× larger
BCPC
$270.7M
$232.1M
RLGT
Growing faster (revenue YoY)
BCPC
BCPC
+20.3% gap
BCPC
8.1%
-12.3%
RLGT
Higher net margin
BCPC
BCPC
12.6% more per $
BCPC
14.9%
2.3%
RLGT
More free cash flow
BCPC
BCPC
$22.2M more FCF
BCPC
$33.8M
$11.6M
RLGT
Faster 2-yr revenue CAGR
RLGT
RLGT
Annualised
RLGT
12.1%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
BCPC
BCPC
RLGT
RLGT
Revenue
$270.7M
$232.1M
Net Profit
$40.3M
$5.3M
Gross Margin
Operating Margin
20.5%
3.2%
Net Margin
14.9%
2.3%
Revenue YoY
8.1%
-12.3%
Net Profit YoY
8.7%
-18.0%
EPS (diluted)
$1.25
$0.11

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
BCPC
BCPC
RLGT
RLGT
Q1 26
$270.7M
Q4 25
$263.6M
$232.1M
Q3 25
$267.6M
$226.7M
Q2 25
$255.5M
$220.6M
Q1 25
$250.5M
$214.0M
Q4 24
$240.0M
$264.5M
Q3 24
$239.9M
$203.6M
Q2 24
$234.1M
$206.0M
Net Profit
BCPC
BCPC
RLGT
RLGT
Q1 26
$40.3M
Q4 25
$39.2M
$5.3M
Q3 25
$40.3M
$1.3M
Q2 25
$38.3M
$4.9M
Q1 25
$37.1M
$2.5M
Q4 24
$33.6M
$6.5M
Q3 24
$33.8M
$3.4M
Q2 24
$32.1M
$4.8M
Gross Margin
BCPC
BCPC
RLGT
RLGT
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
BCPC
BCPC
RLGT
RLGT
Q1 26
20.5%
Q4 25
19.8%
3.2%
Q3 25
20.4%
0.9%
Q2 25
20.1%
2.4%
Q1 25
20.4%
1.6%
Q4 24
19.8%
3.3%
Q3 24
20.0%
1.9%
Q2 24
19.6%
2.4%
Net Margin
BCPC
BCPC
RLGT
RLGT
Q1 26
14.9%
Q4 25
14.9%
2.3%
Q3 25
15.1%
0.6%
Q2 25
15.0%
2.2%
Q1 25
14.8%
1.2%
Q4 24
14.0%
2.4%
Q3 24
14.1%
1.7%
Q2 24
13.7%
2.3%
EPS (diluted)
BCPC
BCPC
RLGT
RLGT
Q1 26
$1.25
Q4 25
$1.21
$0.11
Q3 25
$1.24
$0.03
Q2 25
$1.17
$0.10
Q1 25
$1.13
$0.05
Q4 24
$1.03
$0.13
Q3 24
$1.03
$0.07
Q2 24
$0.98
$0.11

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
RLGT
RLGT
Cash + ST InvestmentsLiquidity on hand
$72.9M
$31.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$229.8M
Total Assets
$1.7B
$439.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
RLGT
RLGT
Q1 26
$72.9M
Q4 25
$74.6M
$31.9M
Q3 25
$65.1M
$28.1M
Q2 25
$65.4M
$22.9M
Q1 25
$49.9M
$19.0M
Q4 24
$49.5M
$19.9M
Q3 24
$73.7M
$10.4M
Q2 24
$63.7M
$24.9M
Stockholders' Equity
BCPC
BCPC
RLGT
RLGT
Q1 26
$1.3B
Q4 25
$1.3B
$229.8M
Q3 25
$1.3B
$225.7M
Q2 25
$1.3B
$226.0M
Q1 25
$1.2B
$218.2M
Q4 24
$1.1B
$214.4M
Q3 24
$1.2B
$212.4M
Q2 24
$1.1B
$209.4M
Total Assets
BCPC
BCPC
RLGT
RLGT
Q1 26
$1.7B
Q4 25
$1.7B
$439.4M
Q3 25
$1.7B
$445.3M
Q2 25
$1.7B
$426.8M
Q1 25
$1.6B
$414.5M
Q4 24
$1.6B
$386.8M
Q3 24
$1.6B
$375.3M
Q2 24
$1.6B
$371.2M

Cash Flow & Capital Efficiency

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

Metric
BCPC
BCPC
RLGT
RLGT
Operating Cash FlowLast quarter
$40.1M
$12.4M
Free Cash FlowOCF − Capex
$33.8M
$11.6M
FCF MarginFCF / Revenue
12.5%
5.0%
Capex IntensityCapex / Revenue
2.3%
0.3%
Cash ConversionOCF / Net Profit
0.99×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
RLGT
RLGT
Q1 26
$40.1M
Q4 25
$67.3M
$12.4M
Q3 25
$65.6M
$2.5M
Q2 25
$47.3M
$3.1M
Q1 25
$36.5M
$-5.7M
Q4 24
$52.3M
$15.7M
Q3 24
$51.3M
$205.0K
Q2 24
$45.0M
$1.3M
Free Cash Flow
BCPC
BCPC
RLGT
RLGT
Q1 26
$33.8M
Q4 25
$11.6M
Q3 25
$977.0K
Q2 25
$2.2M
Q1 25
$-6.4M
Q4 24
$14.1M
Q3 24
$-1.9M
Q2 24
$-185.0K
FCF Margin
BCPC
BCPC
RLGT
RLGT
Q1 26
12.5%
Q4 25
5.0%
Q3 25
0.4%
Q2 25
1.0%
Q1 25
-3.0%
Q4 24
5.3%
Q3 24
-0.9%
Q2 24
-0.1%
Capex Intensity
BCPC
BCPC
RLGT
RLGT
Q1 26
2.3%
Q4 25
0.3%
Q3 25
0.7%
Q2 25
0.4%
Q1 25
0.3%
Q4 24
0.6%
Q3 24
1.0%
Q2 24
0.7%
Cash Conversion
BCPC
BCPC
RLGT
RLGT
Q1 26
0.99×
Q4 25
1.72×
2.33×
Q3 25
1.63×
1.90×
Q2 25
1.23×
0.63×
Q1 25
0.98×
-2.26×
Q4 24
1.56×
2.43×
Q3 24
1.52×
0.06×
Q2 24
1.40×
0.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCPC
BCPC

Segment breakdown not available.

RLGT
RLGT

Transferred Over Time$201.2M87%
Other$25.0M11%
Value Added Services$4.2M2%
Transferred At Point In Time$1.8M1%

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