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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and Magnera Corp (MAGN). Click either name above to swap in a different company.
Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $439.3M, roughly 1.8× B&G Foods, Inc.). Magnera Corp runs the higher net margin — -4.3% vs -4.4%, a 0.1% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs -4.7%). Magnera Corp produced more free cash flow last quarter ($-13.0M vs $-70.7M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% 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.
BGS vs MAGN — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $792.0M |
| Net Profit | $-19.1M | $-34.0M |
| Gross Margin | 22.5% | 12.2% |
| Operating Margin | 2.5% | 1.8% |
| Net Margin | -4.4% | -4.3% |
| Revenue YoY | -4.7% | 12.8% |
| Net Profit YoY | -356.5% | 43.3% |
| EPS (diluted) | $-0.24 | $-0.95 |
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 | — | $792.0M | ||
| Q3 25 | $439.3M | — | ||
| Q2 25 | $424.4M | $839.0M | ||
| Q1 25 | $425.4M | $824.0M | ||
| Q4 24 | $551.6M | $702.0M | ||
| Q3 24 | $461.1M | $332.1M | ||
| Q2 24 | $444.6M | $556.0M | ||
| Q1 24 | $475.2M | $558.0M |
| Q4 25 | — | $-34.0M | ||
| Q3 25 | $-19.1M | — | ||
| Q2 25 | $-9.8M | $-18.0M | ||
| Q1 25 | $835.0K | $-41.0M | ||
| Q4 24 | $-222.4M | $-60.0M | ||
| Q3 24 | $7.5M | $-15.2M | ||
| Q2 24 | $3.9M | $19.0M | ||
| Q1 24 | $-40.2M | $14.0M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | 22.5% | — | ||
| Q2 25 | 20.5% | 10.7% | ||
| Q1 25 | 21.2% | 10.7% | ||
| Q4 24 | 21.5% | 10.1% | ||
| Q3 24 | 22.2% | 10.7% | ||
| Q2 24 | 20.7% | 6.6% | ||
| Q1 24 | 22.9% | 6.2% |
| Q4 25 | — | 1.8% | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 5.2% | 1.5% | ||
| Q1 25 | 8.4% | 0.5% | ||
| Q4 24 | -46.6% | -3.1% | ||
| Q3 24 | 11.1% | 0.9% | ||
| Q2 24 | 9.9% | 3.1% | ||
| Q1 24 | -3.3% | 3.8% |
| Q4 25 | — | -4.3% | ||
| Q3 25 | -4.4% | — | ||
| Q2 25 | -2.3% | -2.1% | ||
| Q1 25 | 0.2% | -5.0% | ||
| Q4 24 | -40.3% | -8.5% | ||
| Q3 24 | 1.6% | -4.6% | ||
| Q2 24 | 0.9% | 3.4% | ||
| Q1 24 | -8.5% | 2.5% |
| Q4 25 | — | $-0.95 | ||
| Q3 25 | $-0.24 | — | ||
| Q2 25 | $-0.12 | $-0.51 | ||
| Q1 25 | $0.01 | $-1.15 | ||
| Q4 24 | $-2.81 | $-1.69 | ||
| Q3 24 | $0.09 | $-0.33 | ||
| Q2 24 | $0.05 | $0.60 | ||
| Q1 24 | $-0.51 | $0.44 |
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 | $264.0M |
| Total DebtLower is stronger | $2.0B | $1.9B |
| Stockholders' EquityBook value | $470.7M | $1.0B |
| Total Assets | $2.9B | $3.9B |
| Debt / EquityLower = less leverage | 4.30× | 1.86× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $264.0M | ||
| Q3 25 | $60.9M | — | ||
| Q2 25 | $54.1M | $276.0M | ||
| Q1 25 | $61.2M | $282.0M | ||
| Q4 24 | $50.6M | $215.0M | ||
| Q3 24 | $54.7M | $230.0M | ||
| Q2 24 | $40.3M | $33.9M | ||
| Q1 24 | $42.5M | $30.2M |
| Q4 25 | — | $1.9B | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | $2.0B | ||
| Q1 25 | $2.0B | $2.0B | ||
| Q4 24 | $2.0B | $2.0B | ||
| Q3 24 | $2.1B | $2.0B | ||
| Q2 24 | $2.0B | $877.4M | ||
| Q1 24 | $2.0B | $884.7M |
| Q4 25 | — | $1.0B | ||
| Q3 25 | $470.7M | — | ||
| Q2 25 | $501.4M | $1.1B | ||
| Q1 25 | $513.1M | $1.1B | ||
| Q4 24 | $524.8M | $1.1B | ||
| Q3 24 | $755.3M | $2.1B | ||
| Q2 24 | $765.0M | $2.4B | ||
| Q1 24 | $781.2M | $2.4B |
| Q4 25 | — | $3.9B | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $2.9B | $4.1B | ||
| Q1 25 | $3.0B | $4.1B | ||
| Q4 24 | $3.0B | $4.0B | ||
| Q3 24 | $3.4B | $2.8B | ||
| Q2 24 | $3.4B | $1.5B | ||
| Q1 24 | $3.4B | $1.5B |
| Q4 25 | — | 1.86× | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 3.97× | 1.77× | ||
| Q1 25 | 3.91× | 1.83× | ||
| Q4 24 | 3.85× | 1.80× | ||
| Q3 24 | 2.75× | 0.91× | ||
| Q2 24 | 2.67× | 0.37× | ||
| Q1 24 | 2.61× | 0.36× |
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 | $2.0M |
| Free Cash FlowOCF − Capex | $-70.7M | $-13.0M |
| FCF MarginFCF / Revenue | -16.1% | -1.6% |
| Capex IntensityCapex / Revenue | 1.4% | 1.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $2.0M | ||
| Q3 25 | $-64.6M | — | ||
| Q2 25 | $17.8M | $0 | ||
| Q1 25 | $52.7M | $65.0M | ||
| Q4 24 | $80.3M | $-58.0M | ||
| Q3 24 | $4.2M | $12.2M | ||
| Q2 24 | $11.3M | $38.0M | ||
| Q1 24 | $35.1M | $20.0M |
| Q4 25 | — | $-13.0M | ||
| Q3 25 | $-70.7M | — | ||
| Q2 25 | $11.5M | — | ||
| Q1 25 | $42.4M | $42.0M | ||
| Q4 24 | $71.7M | $-74.0M | ||
| Q3 24 | $-679.0K | $3.6M | ||
| Q2 24 | $5.2M | $23.0M | ||
| Q1 24 | $27.5M | $12.5M |
| Q4 25 | — | -1.6% | ||
| Q3 25 | -16.1% | — | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 10.0% | 5.1% | ||
| Q4 24 | 13.0% | -10.5% | ||
| Q3 24 | -0.1% | 1.1% | ||
| Q2 24 | 1.2% | 4.1% | ||
| Q1 24 | 5.8% | 2.2% |
| Q4 25 | — | 1.9% | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.5% | 1.5% | ||
| Q1 25 | 2.4% | 2.8% | ||
| Q4 24 | 1.6% | 2.3% | ||
| Q3 24 | 1.0% | 2.6% | ||
| Q2 24 | 1.4% | 2.7% | ||
| Q1 24 | 1.6% | 1.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 63.17× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 2.87× | 2.00× | ||
| Q1 24 | — | 1.43× |
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% |
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
