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Side-by-side financial comparison of Bunge Global (BG) and BELLRING BRANDS, INC. (BRBR). Click either name above to swap in a different company.
Bunge Global is the larger business by last-quarter revenue ($4.9B vs $537.3M, roughly 9.1× BELLRING BRANDS, INC.). BELLRING BRANDS, INC. runs the higher net margin — 8.1% vs 1.9%, a 6.2% gap on every dollar of revenue. On growth, Bunge Global posted the faster year-over-year revenue change (22.2% vs 0.8%). Bunge Global produced more free cash flow last quarter ($809.0M vs $-7.3M). Over the past eight quarters, Bunge Global's revenue compounded faster (11.3% CAGR vs 4.2%).
Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.
Bellring Brands, Inc. develops, manufactures and sells high-quality protein and functional nutritional products including ready-to-drink shakes, protein bars, powders and snacks. Its core brands Premier Protein, Dymatize and PowerBar serve health-conscious consumers and fitness enthusiasts across North America via retail, e-commerce and specialty channels.
BG vs BRBR — Head-to-Head
Income Statement — Q4 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $4.9B | $537.3M |
| Net Profit | $95.0M | $43.7M |
| Gross Margin | 20.7% | 29.9% |
| Operating Margin | 1.8% | 14.6% |
| Net Margin | 1.9% | 8.1% |
| Revenue YoY | 22.2% | 0.8% |
| Net Profit YoY | -84.2% | -43.2% |
| EPS (diluted) | $-0.02 | $0.36 |
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 | $4.9B | $537.3M | ||
| Q3 25 | $4.4B | $648.2M | ||
| Q2 25 | $4.0B | $547.5M | ||
| Q1 25 | $3.7B | $588.0M | ||
| Q4 24 | $4.0B | $532.9M | ||
| Q3 24 | $3.9B | $555.8M | ||
| Q2 24 | $3.7B | $515.4M | ||
| Q1 24 | $3.9B | $494.6M |
| Q4 25 | $95.0M | $43.7M | ||
| Q3 25 | $166.0M | $59.6M | ||
| Q2 25 | $354.0M | $21.0M | ||
| Q1 25 | $201.0M | $58.7M | ||
| Q4 24 | $602.0M | $76.9M | ||
| Q3 24 | $221.0M | $71.7M | ||
| Q2 24 | $70.0M | $73.7M | ||
| Q1 24 | $244.0M | $57.2M |
| Q4 25 | 20.7% | 29.9% | ||
| Q3 25 | 24.3% | 28.9% | ||
| Q2 25 | 18.4% | 35.4% | ||
| Q1 25 | 16.3% | 32.3% | ||
| Q4 24 | 27.0% | 37.5% | ||
| Q3 24 | 19.9% | 36.9% | ||
| Q2 24 | 17.8% | 36.8% | ||
| Q1 24 | 22.2% | 33.2% |
| Q4 25 | 1.8% | 14.6% | ||
| Q3 25 | 6.2% | 15.8% | ||
| Q2 25 | 12.3% | 8.2% | ||
| Q1 25 | 7.8% | 16.2% | ||
| Q4 24 | 18.3% | 21.6% | ||
| Q3 24 | 8.3% | 20.2% | ||
| Q2 24 | 2.8% | 21.7% | ||
| Q1 24 | 9.4% | 18.4% |
| Q4 25 | 1.9% | 8.1% | ||
| Q3 25 | 3.8% | 9.2% | ||
| Q2 25 | 8.8% | 3.8% | ||
| Q1 25 | 5.5% | 10.0% | ||
| Q4 24 | 15.0% | 14.4% | ||
| Q3 24 | 5.7% | 12.9% | ||
| Q2 24 | 1.9% | 14.3% | ||
| Q1 24 | 6.2% | 11.6% |
| Q4 25 | $-0.02 | $0.36 | ||
| Q3 25 | $0.84 | $0.48 | ||
| Q2 25 | $2.61 | $0.16 | ||
| Q1 25 | $1.48 | $0.45 | ||
| Q4 24 | $4.27 | $0.59 | ||
| Q3 24 | $1.56 | $0.54 | ||
| Q2 24 | $0.48 | $0.56 | ||
| Q1 24 | $1.68 | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $64.1M |
| Total DebtLower is stronger | $10.2B | $1.2B |
| Stockholders' EquityBook value | $15.9B | $-510.7M |
| Total Assets | $44.5B | $1.1B |
| Debt / EquityLower = less leverage | 0.64× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $64.1M | ||
| Q3 25 | $3.2B | $71.8M | ||
| Q2 25 | $7.1B | $43.7M | ||
| Q1 25 | $3.9B | $28.1M | ||
| Q4 24 | $3.8B | $49.6M | ||
| Q3 24 | $3.0B | $70.8M | ||
| Q2 24 | $1.3B | $72.6M | ||
| Q1 24 | $3.1B | $79.3M |
| Q4 25 | $10.2B | $1.2B | ||
| Q3 25 | $11.1B | $1.1B | ||
| Q2 25 | $7.7B | $1.0B | ||
| Q1 25 | $5.4B | $953.7M | ||
| Q4 24 | $5.4B | $833.4M | ||
| Q3 24 | $5.4B | $833.1M | ||
| Q2 24 | $4.1B | $832.7M | ||
| Q1 24 | $4.1B | $832.4M |
| Q4 25 | $15.9B | $-510.7M | ||
| Q3 25 | $15.8B | $-453.9M | ||
| Q2 25 | $10.9B | $-309.9M | ||
| Q1 25 | $10.6B | $-254.1M | ||
| Q4 24 | $9.9B | $-146.6M | ||
| Q3 24 | $10.1B | $-205.9M | ||
| Q2 24 | $10.0B | $-243.2M | ||
| Q1 24 | $10.6B | $-247.7M |
| Q4 25 | $44.5B | $1.1B | ||
| Q3 25 | $46.3B | $941.0M | ||
| Q2 25 | $31.2B | $993.7M | ||
| Q1 25 | $26.7B | $947.5M | ||
| Q4 24 | $24.9B | $885.2M | ||
| Q3 24 | $25.3B | $837.0M | ||
| Q2 24 | $24.4B | $804.1M | ||
| Q1 24 | $25.8B | $765.0M |
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.51× | — | ||
| Q4 24 | 0.54× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | 0.39× | — |
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 | $1.3B | $-3.1M |
| Free Cash FlowOCF − Capex | $809.0M | $-7.3M |
| FCF MarginFCF / Revenue | 16.6% | -1.4% |
| Capex IntensityCapex / Revenue | 11.0% | 0.8% |
| Cash ConversionOCF / Net Profit | 14.18× | -0.07× |
| TTM Free Cash FlowTrailing 4 quarters | $-879.0M | $246.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $-3.1M | ||
| Q3 25 | $854.0M | $169.1M | ||
| Q2 25 | $-1.1B | $40.3M | ||
| Q1 25 | $-285.0M | $48.2M | ||
| Q4 24 | $1.1B | $3.0M | ||
| Q3 24 | $1.3B | $40.1M | ||
| Q2 24 | $-1.5B | $69.0M | ||
| Q1 24 | $994.0M | $16.3M |
| Q4 25 | $809.0M | $-7.3M | ||
| Q3 25 | $385.0M | $168.1M | ||
| Q2 25 | $-1.5B | $38.5M | ||
| Q1 25 | $-595.0M | $47.6M | ||
| Q4 24 | $564.0M | $1.7M | ||
| Q3 24 | $973.0M | $38.9M | ||
| Q2 24 | $-1.8B | $68.9M | ||
| Q1 24 | $758.0M | $16.0M |
| Q4 25 | 16.6% | -1.4% | ||
| Q3 25 | 8.8% | 25.9% | ||
| Q2 25 | -36.8% | 7.0% | ||
| Q1 25 | -16.2% | 8.1% | ||
| Q4 24 | 14.1% | 0.3% | ||
| Q3 24 | 25.1% | 7.0% | ||
| Q2 24 | -47.4% | 13.4% | ||
| Q1 24 | 19.2% | 3.2% |
| Q4 25 | 11.0% | 0.8% | ||
| Q3 25 | 10.7% | 0.2% | ||
| Q2 25 | 10.1% | 0.3% | ||
| Q1 25 | 8.5% | 0.1% | ||
| Q4 24 | 12.2% | 0.2% | ||
| Q3 24 | 9.1% | 0.2% | ||
| Q2 24 | 8.0% | 0.0% | ||
| Q1 24 | 6.0% | 0.1% |
| Q4 25 | 14.18× | -0.07× | ||
| Q3 25 | 5.14× | 2.84× | ||
| Q2 25 | -3.03× | 1.92× | ||
| Q1 25 | -1.42× | 0.82× | ||
| Q4 24 | 1.75× | 0.04× | ||
| Q3 24 | 6.00× | 0.56× | ||
| Q2 24 | -21.06× | 0.94× | ||
| Q1 24 | 4.07× | 0.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BG
| Other Oilseeds Processing And Refining | $4.6B | 95% |
| Other | $251.0M | 5% |
| Other Products | $3.0M | 0% |
BRBR
| Shakesandotherbeverages | $432.4M | 80% |
| Powders | $92.1M | 17% |
| Other Products | $12.8M | 2% |
