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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and F5, Inc. (FFIV). Click either name above to swap in a different company.

F5, Inc. is the larger business by last-quarter revenue ($811.7M vs $439.3M, roughly 1.8× B&G Foods, Inc.). F5, Inc. runs the higher net margin — 18.2% vs -4.4%, a 22.6% gap on every dollar of revenue. On growth, F5, Inc. posted the faster year-over-year revenue change (11.0% vs -4.7%). Over the past eight quarters, F5, Inc.'s revenue compounded faster (8.0% CAGR vs -12.8%).

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.

F5, Inc. is an American technology company specializing in application security, multi-cloud management, online fraud prevention, application delivery networking (ADN), application availability and performance, and network security, access, and authorization.

BGS vs FFIV — Head-to-Head

Bigger by revenue
FFIV
FFIV
1.8× larger
FFIV
$811.7M
$439.3M
BGS
Growing faster (revenue YoY)
FFIV
FFIV
+15.7% gap
FFIV
11.0%
-4.7%
BGS
Higher net margin
FFIV
FFIV
22.6% more per $
FFIV
18.2%
-4.4%
BGS
Faster 2-yr revenue CAGR
FFIV
FFIV
Annualised
FFIV
8.0%
-12.8%
BGS

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
BGS
BGS
FFIV
FFIV
Revenue
$439.3M
$811.7M
Net Profit
$-19.1M
$148.0M
Gross Margin
22.5%
81.4%
Operating Margin
2.5%
22.1%
Net Margin
-4.4%
18.2%
Revenue YoY
-4.7%
11.0%
Net Profit YoY
-356.5%
1.5%
EPS (diluted)
$-0.24
$2.58

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
BGS
BGS
FFIV
FFIV
Q1 26
$811.7M
Q4 25
$822.5M
Q3 25
$439.3M
$810.1M
Q2 25
$424.4M
$780.4M
Q1 25
$425.4M
$731.1M
Q4 24
$551.6M
$766.5M
Q3 24
$461.1M
$746.7M
Q2 24
$444.6M
$695.5M
Net Profit
BGS
BGS
FFIV
FFIV
Q1 26
$148.0M
Q4 25
$180.1M
Q3 25
$-19.1M
$190.5M
Q2 25
$-9.8M
$189.9M
Q1 25
$835.0K
$145.5M
Q4 24
$-222.4M
$166.4M
Q3 24
$7.5M
$165.3M
Q2 24
$3.9M
$144.1M
Gross Margin
BGS
BGS
FFIV
FFIV
Q1 26
81.4%
Q4 25
81.5%
Q3 25
22.5%
82.2%
Q2 25
20.5%
81.0%
Q1 25
21.2%
80.7%
Q4 24
21.5%
81.7%
Q3 24
22.2%
80.8%
Q2 24
20.7%
80.4%
Operating Margin
BGS
BGS
FFIV
FFIV
Q1 26
22.1%
Q4 25
26.0%
Q3 25
2.5%
25.4%
Q2 25
5.2%
25.2%
Q1 25
8.4%
21.7%
Q4 24
-46.6%
26.8%
Q3 24
11.1%
25.6%
Q2 24
9.9%
23.4%
Net Margin
BGS
BGS
FFIV
FFIV
Q1 26
18.2%
Q4 25
21.9%
Q3 25
-4.4%
23.5%
Q2 25
-2.3%
24.3%
Q1 25
0.2%
19.9%
Q4 24
-40.3%
21.7%
Q3 24
1.6%
22.1%
Q2 24
0.9%
20.7%
EPS (diluted)
BGS
BGS
FFIV
FFIV
Q1 26
$2.58
Q4 25
$3.10
Q3 25
$-0.24
$3.25
Q2 25
$-0.12
$3.25
Q1 25
$0.01
$2.48
Q4 24
$-2.81
$2.82
Q3 24
$0.09
$2.79
Q2 24
$0.05
$2.44

Balance Sheet & Financial Strength

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

Metric
BGS
BGS
FFIV
FFIV
Cash + ST InvestmentsLiquidity on hand
$60.9M
$1.4B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$470.7M
$3.6B
Total Assets
$2.9B
$6.5B
Debt / EquityLower = less leverage
4.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGS
BGS
FFIV
FFIV
Q1 26
$1.4B
Q4 25
$1.2B
Q3 25
$60.9M
$1.3B
Q2 25
$54.1M
$1.4B
Q1 25
$61.2M
$1.3B
Q4 24
$50.6M
$1.2B
Q3 24
$54.7M
$1.1B
Q2 24
$40.3M
$935.6M
Total Debt
BGS
BGS
FFIV
FFIV
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
Stockholders' Equity
BGS
BGS
FFIV
FFIV
Q1 26
$3.6B
Q4 25
$3.5B
Q3 25
$470.7M
$3.6B
Q2 25
$501.4M
$3.5B
Q1 25
$513.1M
$3.3B
Q4 24
$524.8M
$3.2B
Q3 24
$755.3M
$3.1B
Q2 24
$765.0M
$3.0B
Total Assets
BGS
BGS
FFIV
FFIV
Q1 26
$6.5B
Q4 25
$6.3B
Q3 25
$2.9B
$6.3B
Q2 25
$2.9B
$6.1B
Q1 25
$3.0B
$5.9B
Q4 24
$3.0B
$5.9B
Q3 24
$3.4B
$5.6B
Q2 24
$3.4B
$5.4B
Debt / Equity
BGS
BGS
FFIV
FFIV
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
BGS
BGS
FFIV
FFIV
Operating Cash FlowLast quarter
$-64.6M
$525.1M
Free Cash FlowOCF − Capex
$-70.7M
FCF MarginFCF / Revenue
-16.1%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$54.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGS
BGS
FFIV
FFIV
Q1 26
$525.1M
Q4 25
$159.2M
Q3 25
$-64.6M
$208.1M
Q2 25
$17.8M
$282.2M
Q1 25
$52.7M
$256.6M
Q4 24
$80.3M
$202.8M
Q3 24
$4.2M
$246.5M
Q2 24
$11.3M
$159.0M
Free Cash Flow
BGS
BGS
FFIV
FFIV
Q1 26
Q4 25
$149.5M
Q3 25
$-70.7M
$191.9M
Q2 25
$11.5M
$273.7M
Q1 25
$42.4M
$246.1M
Q4 24
$71.7M
$194.7M
Q3 24
$-679.0K
$240.4M
Q2 24
$5.2M
$153.1M
FCF Margin
BGS
BGS
FFIV
FFIV
Q1 26
Q4 25
18.2%
Q3 25
-16.1%
23.7%
Q2 25
2.7%
35.1%
Q1 25
10.0%
33.7%
Q4 24
13.0%
25.4%
Q3 24
-0.1%
32.2%
Q2 24
1.2%
22.0%
Capex Intensity
BGS
BGS
FFIV
FFIV
Q1 26
Q4 25
1.2%
Q3 25
1.4%
2.0%
Q2 25
1.5%
1.1%
Q1 25
2.4%
1.4%
Q4 24
1.6%
1.1%
Q3 24
1.0%
0.8%
Q2 24
1.4%
0.8%
Cash Conversion
BGS
BGS
FFIV
FFIV
Q1 26
3.55×
Q4 25
0.88×
Q3 25
1.09×
Q2 25
1.49×
Q1 25
63.17×
1.76×
Q4 24
1.22×
Q3 24
0.56×
1.49×
Q2 24
2.87×
1.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BGS
BGS

Specialty Segment$150.5M34%
Meals Segment$110.0M25%
Spices And Flavor Solutions Segment$101.4M23%
Frozen And Vegetables Segment$77.4M18%

FFIV
FFIV

Segment breakdown not available.

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