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

BALCHEM CORP is the larger business by last-quarter revenue ($263.6M vs $155.2M, roughly 1.7× Sweetgreen, Inc.). BALCHEM CORP runs the higher net margin — 14.9% vs -32.0%, a 46.9% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (9.8% vs -3.5%). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (4.9% CAGR vs -0.8%).

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.

Sweetgreen is an American fast casual restaurant chain that serves salads. It was founded in November 2006 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman. In August 2007, they opened their first store in Washington, D.C., three months after they graduated from the McDonough School of Business at Georgetown University.

BCPC vs SG — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.7× larger
BCPC
$263.6M
$155.2M
SG
Growing faster (revenue YoY)
BCPC
BCPC
+13.4% gap
BCPC
9.8%
-3.5%
SG
Higher net margin
BCPC
BCPC
46.9% more per $
BCPC
14.9%
-32.0%
SG
Faster 2-yr revenue CAGR
BCPC
BCPC
Annualised
BCPC
4.9%
-0.8%
SG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BCPC
BCPC
SG
SG
Revenue
$263.6M
$155.2M
Net Profit
$39.2M
$-49.7M
Gross Margin
35.6%
Operating Margin
19.8%
-31.0%
Net Margin
14.9%
-32.0%
Revenue YoY
9.8%
-3.5%
Net Profit YoY
16.8%
-71.3%
EPS (diluted)
$1.21
$-0.42

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
SG
SG
Q4 25
$263.6M
$155.2M
Q3 25
$267.6M
$172.4M
Q2 25
$255.5M
$185.6M
Q1 25
$250.5M
$166.3M
Q4 24
$240.0M
$160.9M
Q3 24
$239.9M
$173.4M
Q2 24
$234.1M
$184.6M
Q1 24
$239.7M
$157.8M
Net Profit
BCPC
BCPC
SG
SG
Q4 25
$39.2M
$-49.7M
Q3 25
$40.3M
$-36.1M
Q2 25
$38.3M
$-23.2M
Q1 25
$37.1M
$-25.0M
Q4 24
$33.6M
$-29.0M
Q3 24
$33.8M
$-20.8M
Q2 24
$32.1M
$-14.5M
Q1 24
$29.0M
$-26.1M
Gross Margin
BCPC
BCPC
SG
SG
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%
Q1 24
34.0%
Operating Margin
BCPC
BCPC
SG
SG
Q4 25
19.8%
-31.0%
Q3 25
20.4%
-21.0%
Q2 25
20.1%
-14.2%
Q1 25
20.4%
-17.2%
Q4 24
19.8%
-19.5%
Q3 24
20.0%
-12.2%
Q2 24
19.6%
-8.8%
Q1 24
17.4%
-17.1%
Net Margin
BCPC
BCPC
SG
SG
Q4 25
14.9%
-32.0%
Q3 25
15.1%
-21.0%
Q2 25
15.0%
-12.5%
Q1 25
14.8%
-15.1%
Q4 24
14.0%
-18.0%
Q3 24
14.1%
-12.0%
Q2 24
13.7%
-7.8%
Q1 24
12.1%
-16.5%
EPS (diluted)
BCPC
BCPC
SG
SG
Q4 25
$1.21
$-0.42
Q3 25
$1.24
$-0.31
Q2 25
$1.17
$-0.20
Q1 25
$1.13
$-0.21
Q4 24
$1.03
$-0.25
Q3 24
$1.03
$-0.18
Q2 24
$0.98
$-0.13
Q1 24
$0.89
$-0.23

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
SG
SG
Cash + ST InvestmentsLiquidity on hand
$74.6M
$89.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$356.1M
Total Assets
$1.7B
$788.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
SG
SG
Q4 25
$74.6M
$89.2M
Q3 25
$65.1M
$130.0M
Q2 25
$65.4M
$168.5M
Q1 25
$49.9M
$183.9M
Q4 24
$49.5M
$214.8M
Q3 24
$73.7M
$234.6M
Q2 24
$63.7M
$244.6M
Q1 24
$60.3M
$243.8M
Stockholders' Equity
BCPC
BCPC
SG
SG
Q4 25
$1.3B
$356.1M
Q3 25
$1.3B
$393.3M
Q2 25
$1.3B
$423.3M
Q1 25
$1.2B
$432.8M
Q4 24
$1.1B
$446.1M
Q3 24
$1.2B
$463.3M
Q2 24
$1.1B
$470.1M
Q1 24
$1.1B
$470.3M
Total Assets
BCPC
BCPC
SG
SG
Q4 25
$1.7B
$788.1M
Q3 25
$1.7B
$824.8M
Q2 25
$1.7B
$831.9M
Q1 25
$1.6B
$834.3M
Q4 24
$1.6B
$856.8M
Q3 24
$1.6B
$858.0M
Q2 24
$1.6B
$859.2M
Q1 24
$1.6B
$842.7M

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
SG
SG
Operating Cash FlowLast quarter
$67.3M
$-8.7M
Free Cash FlowOCF − Capex
$-39.0M
FCF MarginFCF / Revenue
-25.1%
Capex IntensityCapex / Revenue
19.6%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$-119.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
SG
SG
Q4 25
$67.3M
$-8.7M
Q3 25
$65.6M
$-1.4M
Q2 25
$47.3M
$10.5M
Q1 25
$36.5M
$-13.1M
Q4 24
$52.3M
$6.1M
Q3 24
$51.3M
$14.7M
Q2 24
$45.0M
$19.1M
Q1 24
$33.4M
$3.4M
Free Cash Flow
BCPC
BCPC
SG
SG
Q4 25
$-39.0M
Q3 25
$-37.2M
Q2 25
$-13.1M
Q1 25
$-29.9M
Q4 24
$-20.6M
Q3 24
$-10.3M
Q2 24
$-156.0K
Q1 24
$-10.0M
FCF Margin
BCPC
BCPC
SG
SG
Q4 25
-25.1%
Q3 25
-21.6%
Q2 25
-7.1%
Q1 25
-18.0%
Q4 24
-12.8%
Q3 24
-6.0%
Q2 24
-0.1%
Q1 24
-6.3%
Capex Intensity
BCPC
BCPC
SG
SG
Q4 25
19.6%
Q3 25
20.8%
Q2 25
12.7%
Q1 25
10.1%
Q4 24
16.6%
Q3 24
14.4%
Q2 24
10.4%
Q1 24
8.5%
Cash Conversion
BCPC
BCPC
SG
SG
Q4 25
1.72×
Q3 25
1.63×
Q2 25
1.23×
Q1 25
0.98×
Q4 24
1.56×
Q3 24
1.52×
Q2 24
1.40×
Q1 24
1.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCPC
BCPC

Human Nutrition And Health$166.1M63%
Animal Nutrition And Health$61.2M23%
Specialty Products$34.8M13%

SG
SG

Segment breakdown not available.

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