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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and NATURES SUNSHINE PRODUCTS INC (NATR), based on the latest 10-Q / 10-K filings. 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 $123.8M, roughly 3.5× NATURES SUNSHINE PRODUCTS INC). NATURES SUNSHINE PRODUCTS INC runs the higher net margin — -4.4% vs 3.3%, a 7.7% gap on every dollar of revenue. On growth, NATURES SUNSHINE PRODUCTS INC posted the faster year-over-year revenue change (4.7% vs -4.7%). NATURES SUNSHINE PRODUCTS INC produced more free cash flow last quarter ($7.6M vs $-70.7M). Over the past eight quarters, NATURES SUNSHINE PRODUCTS INC's revenue compounded faster (5.6% 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.

Nature's Sunshine Products, Inc. also known as "NSP", is a manufacturer of dietary supplements, including herbs, vitamins, minerals, and personal care products. It is based in Lehi, Utah, with a manufacturing facility in Spanish Fork, Utah.

BGS vs NATR — Head-to-Head

Bigger by revenue
BGS
BGS
3.5× larger
BGS
$439.3M
$123.8M
NATR
Growing faster (revenue YoY)
NATR
NATR
+9.5% gap
NATR
4.7%
-4.7%
BGS
Higher net margin
NATR
NATR
7.7% more per $
NATR
3.3%
-4.4%
BGS
More free cash flow
NATR
NATR
$78.3M more FCF
NATR
$7.6M
$-70.7M
BGS
Faster 2-yr revenue CAGR
NATR
NATR
Annualised
NATR
5.6%
-12.8%
BGS

Income Statement — Q3 2026 vs Q4 2025

Metric
BGS
BGS
NATR
NATR
Revenue
$439.3M
$123.8M
Net Profit
$-19.1M
$4.1M
Gross Margin
22.5%
72.5%
Operating Margin
2.5%
4.3%
Net Margin
-4.4%
3.3%
Revenue YoY
-4.7%
4.7%
Net Profit YoY
-356.5%
1379.4%
EPS (diluted)
$-0.24
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
BGS
BGS
NATR
NATR
Q4 25
$123.8M
Q3 25
$439.3M
$128.3M
Q2 25
$424.4M
$114.8M
Q1 25
$425.4M
$113.2M
Q4 24
$551.6M
$118.2M
Q3 24
$461.1M
$114.6M
Q2 24
$444.6M
$110.6M
Q1 24
$475.2M
$111.0M
Net Profit
BGS
BGS
NATR
NATR
Q4 25
$4.1M
Q3 25
$-19.1M
$5.3M
Q2 25
$-9.8M
$5.3M
Q1 25
$835.0K
$4.7M
Q4 24
$-222.4M
$-321.0K
Q3 24
$7.5M
$4.3M
Q2 24
$3.9M
$1.3M
Q1 24
$-40.2M
$2.3M
Gross Margin
BGS
BGS
NATR
NATR
Q4 25
72.5%
Q3 25
22.5%
73.3%
Q2 25
20.5%
71.7%
Q1 25
21.2%
72.1%
Q4 24
21.5%
72.0%
Q3 24
22.2%
71.3%
Q2 24
20.7%
71.4%
Q1 24
22.9%
71.2%
Operating Margin
BGS
BGS
NATR
NATR
Q4 25
4.3%
Q3 25
2.5%
7.0%
Q2 25
5.2%
3.7%
Q1 25
8.4%
5.4%
Q4 24
-46.6%
3.8%
Q3 24
11.1%
4.6%
Q2 24
9.9%
5.1%
Q1 24
-3.3%
4.2%
Net Margin
BGS
BGS
NATR
NATR
Q4 25
3.3%
Q3 25
-4.4%
4.2%
Q2 25
-2.3%
4.6%
Q1 25
0.2%
4.2%
Q4 24
-40.3%
-0.3%
Q3 24
1.6%
3.8%
Q2 24
0.9%
1.2%
Q1 24
-8.5%
2.1%
EPS (diluted)
BGS
BGS
NATR
NATR
Q4 25
$0.23
Q3 25
$-0.24
$0.30
Q2 25
$-0.12
$0.28
Q1 25
$0.01
$0.25
Q4 24
$-2.81
$-0.02
Q3 24
$0.09
$0.23
Q2 24
$0.05
$0.07
Q1 24
$-0.51
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
BGS
BGS
NATR
NATR
Cash + ST InvestmentsLiquidity on hand
$60.9M
$93.9M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$470.7M
$161.6M
Total Assets
$2.9B
$261.1M
Debt / EquityLower = less leverage
4.30×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
BGS
BGS
NATR
NATR
Q4 25
$93.9M
Q3 25
$60.9M
$95.6M
Q2 25
$54.1M
$81.3M
Q1 25
$61.2M
$86.5M
Q4 24
$50.6M
$84.7M
Q3 24
$54.7M
$78.7M
Q2 24
$40.3M
$68.7M
Q1 24
$42.5M
$77.8M
Total Debt
BGS
BGS
NATR
NATR
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
Q1 24
$2.0B
$2.1M
Stockholders' Equity
BGS
BGS
NATR
NATR
Q4 25
$161.6M
Q3 25
$470.7M
$166.7M
Q2 25
$501.4M
$163.7M
Q1 25
$513.1M
$167.1M
Q4 24
$524.8M
$161.0M
Q3 24
$755.3M
$162.6M
Q2 24
$765.0M
$156.4M
Q1 24
$781.2M
$159.7M
Total Assets
BGS
BGS
NATR
NATR
Q4 25
$261.1M
Q3 25
$2.9B
$264.8M
Q2 25
$2.9B
$254.9M
Q1 25
$3.0B
$252.7M
Q4 24
$3.0B
$240.9M
Q3 24
$3.4B
$245.3M
Q2 24
$3.4B
$235.8M
Q1 24
$3.4B
$247.3M
Debt / Equity
BGS
BGS
NATR
NATR
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×
Q1 24
2.61×
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
BGS
BGS
NATR
NATR
Operating Cash FlowLast quarter
$-64.6M
$9.9M
Free Cash FlowOCF − Capex
$-70.7M
$7.6M
FCF MarginFCF / Revenue
-16.1%
6.1%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
1.4%
1.9%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
2.41×
TTM Free Cash FlowTrailing 4 quarters
$54.8M
$28.8M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
BGS
BGS
NATR
NATR
Q4 25
$9.9M
Q3 25
$-64.6M
$18.5M
Q2 25
$17.8M
$4.3M
Q1 25
$52.7M
$2.6M
Q4 24
$80.3M
$12.2M
Q3 24
$4.2M
$9.6M
Q2 24
$11.3M
$1.3M
Q1 24
$35.1M
$2.2M
Free Cash Flow
BGS
BGS
NATR
NATR
Q4 25
$7.6M
Q3 25
$-70.7M
$16.8M
Q2 25
$11.5M
$3.0M
Q1 25
$42.4M
$1.5M
Q4 24
$71.7M
$10.0M
Q3 24
$-679.0K
$7.9M
Q2 24
$5.2M
$-2.0M
Q1 24
$27.5M
$-1.5M
FCF Margin
BGS
BGS
NATR
NATR
Q4 25
6.1%
Q3 25
-16.1%
13.1%
Q2 25
2.7%
2.6%
Q1 25
10.0%
1.3%
Q4 24
13.0%
8.5%
Q3 24
-0.1%
6.9%
Q2 24
1.2%
-1.9%
Q1 24
5.8%
-1.4%
Capex Intensity
BGS
BGS
NATR
NATR
Q4 25
1.9%
Q3 25
1.4%
1.3%
Q2 25
1.5%
1.2%
Q1 25
2.4%
1.0%
Q4 24
1.6%
1.9%
Q3 24
1.0%
1.5%
Q2 24
1.4%
3.0%
Q1 24
1.6%
3.3%
Cash Conversion
BGS
BGS
NATR
NATR
Q4 25
2.41×
Q3 25
3.46×
Q2 25
0.81×
Q1 25
63.17×
0.55×
Q4 24
Q3 24
0.56×
2.21×
Q2 24
2.87×
0.97×
Q1 24
0.94×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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%

NATR
NATR

Other$68.1M55%
General Health Products$20.2M16%
Digestive Products$13.8M11%
Cardiovascular Products$12.1M10%
Personal Care Products$4.4M4%
Immunity Products$3.1M3%
Weight Management Products$2.1M2%

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