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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and IDEX Corporation (IEX). 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 $398.4M, roughly 1.1× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs -4.4%, a 34.5% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (8.9% vs -4.7%). IDEX Corporation produced more free cash flow last quarter ($86.0M vs $-70.7M). Over the past eight quarters, B&G Foods, Inc.'s revenue compounded faster (-12.8% CAGR vs -29.4%).
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.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
BGS vs IEX — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $398.4M |
| Net Profit | $-19.1M | $120.0M |
| Gross Margin | 22.5% | 99.9% |
| Operating Margin | 2.5% | 43.3% |
| Net Margin | -4.4% | 30.1% |
| Revenue YoY | -4.7% | 8.9% |
| Net Profit YoY | -356.5% | 25.7% |
| EPS (diluted) | $-0.24 | $1.61 |
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.
| Q2 26 | — | $398.4M | ||
| Q1 26 | — | $407.7M | ||
| Q4 25 | — | $899.1M | ||
| Q3 25 | $439.3M | $878.7M | ||
| Q2 25 | $424.4M | $865.4M | ||
| Q1 25 | $425.4M | $814.3M | ||
| Q4 24 | $551.6M | $862.9M | ||
| Q3 24 | $461.1M | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | — | $128.3M | ||
| Q4 25 | — | $128.3M | ||
| Q3 25 | $-19.1M | $127.8M | ||
| Q2 25 | $-9.8M | $131.6M | ||
| Q1 25 | $835.0K | $95.5M | ||
| Q4 24 | $-222.4M | $123.2M | ||
| Q3 24 | $7.5M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | 22.5% | 44.5% | ||
| Q2 25 | 20.5% | 45.3% | ||
| Q1 25 | 21.2% | 45.3% | ||
| Q4 24 | 21.5% | 42.5% | ||
| Q3 24 | 22.2% | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | — | 45.0% | ||
| Q4 25 | — | 20.4% | ||
| Q3 25 | 2.5% | 21.1% | ||
| Q2 25 | 5.2% | 21.7% | ||
| Q1 25 | 8.4% | 17.4% | ||
| Q4 24 | -46.6% | 19.2% | ||
| Q3 24 | 11.1% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | — | 31.5% | ||
| Q4 25 | — | 14.3% | ||
| Q3 25 | -4.4% | 14.5% | ||
| Q2 25 | -2.3% | 15.2% | ||
| Q1 25 | 0.2% | 11.7% | ||
| Q4 24 | -40.3% | 14.3% | ||
| Q3 24 | 1.6% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | — | $1.71 | ||
| Q4 25 | — | $1.71 | ||
| Q3 25 | $-0.24 | $1.70 | ||
| Q2 25 | $-0.12 | $1.74 | ||
| Q1 25 | $0.01 | $1.26 | ||
| Q4 24 | $-2.81 | $1.61 | ||
| Q3 24 | $0.09 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $60.9M | $586.2M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $470.7M | $4.0B |
| Total Assets | $2.9B | $6.9B |
| Debt / EquityLower = less leverage | 4.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | — | $580.0M | ||
| Q3 25 | $60.9M | $593.8M | ||
| Q2 25 | $54.1M | $568.2M | ||
| Q1 25 | $61.2M | $594.1M | ||
| Q4 24 | $50.6M | $620.8M | ||
| Q3 24 | $54.7M | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $2.0B | $1.9B | ||
| Q2 25 | $2.0B | $1.9B | ||
| Q1 25 | $2.0B | $2.0B | ||
| Q4 24 | $2.0B | $2.0B | ||
| Q3 24 | $2.1B | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | — | $4.0B | ||
| Q4 25 | — | $4.0B | ||
| Q3 25 | $470.7M | $4.0B | ||
| Q2 25 | $501.4M | $4.0B | ||
| Q1 25 | $513.1M | $3.9B | ||
| Q4 24 | $524.8M | $3.8B | ||
| Q3 24 | $755.3M | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | — | $6.9B | ||
| Q3 25 | $2.9B | $7.0B | ||
| Q2 25 | $2.9B | $6.9B | ||
| Q1 25 | $3.0B | $6.8B | ||
| Q4 24 | $3.0B | $6.7B | ||
| Q3 24 | $3.4B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | 4.30× | 0.48× | ||
| Q2 25 | 3.97× | 0.46× | ||
| Q1 25 | 3.91× | 0.50× | ||
| Q4 24 | 3.85× | 0.52× | ||
| Q3 24 | 2.75× | 0.55× |
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 | $-64.6M | — |
| Free Cash FlowOCF − Capex | $-70.7M | $86.0M |
| FCF MarginFCF / Revenue | -16.1% | 21.6% |
| Capex IntensityCapex / Revenue | 1.4% | 4.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $209.5M | ||
| Q3 25 | $-64.6M | $203.5M | ||
| Q2 25 | $17.8M | $161.7M | ||
| Q1 25 | $52.7M | $105.7M | ||
| Q4 24 | $80.3M | $172.6M | ||
| Q3 24 | $4.2M | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | — | $189.8M | ||
| Q3 25 | $-70.7M | $188.7M | ||
| Q2 25 | $11.5M | $146.9M | ||
| Q1 25 | $42.4M | $91.4M | ||
| Q4 24 | $71.7M | $157.1M | ||
| Q3 24 | $-679.0K | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | — | 21.1% | ||
| Q3 25 | -16.1% | 21.5% | ||
| Q2 25 | 2.7% | 17.0% | ||
| Q1 25 | 10.0% | 11.2% | ||
| Q4 24 | 13.0% | 18.2% | ||
| Q3 24 | -0.1% | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | 1.4% | 1.7% | ||
| Q2 25 | 1.5% | 1.7% | ||
| Q1 25 | 2.4% | 1.8% | ||
| Q4 24 | 1.6% | 1.8% | ||
| Q3 24 | 1.0% | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | 63.17× | 1.11× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | 0.56× | 1.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
IEX
Segment breakdown not available.
