vs
Side-by-side financial comparison of B&G Foods, Inc. (BGS) and Perion Network Ltd. (PERI). 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 $368.7M, roughly 1.2× Perion Network Ltd.). Perion Network Ltd. runs the higher net margin — 2.1% vs -4.4%, a 6.4% gap on every dollar of revenue. Perion Network Ltd. produced more free cash flow last quarter ($-2.9M vs $-70.7M). Over the past eight quarters, Perion Network Ltd.'s revenue compounded faster (16.4% 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.
Perion Network Ltd. is a publicly traded advertising technology company that provides digital advertising technology solutions to advertisers, agencies, retailers, and publishers. Its core offerings are delivered through Perion One, a unified omnichannel advertising platform designed to support campaign planning, activation, optimisation, and measurement across channels and verticals including connected television (CTV), digital out-of-home (DOOH), display, video advertising, as well as retai...
BGS vs PERI — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $368.7M |
| Net Profit | $-19.1M | $7.7M |
| Gross Margin | 22.5% | — |
| Operating Margin | 2.5% | 2.0% |
| Net Margin | -4.4% | 2.1% |
| Revenue YoY | -4.7% | — |
| Net Profit YoY | -356.5% | — |
| EPS (diluted) | $-0.24 | — |
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.
| Q3 25 | $439.3M | $368.7M | ||
| Q2 25 | $424.4M | $266.5M | ||
| Q1 25 | $425.4M | $157.8M | ||
| Q4 24 | $551.6M | — | ||
| Q3 24 | $461.1M | $508.9M | ||
| Q2 24 | $444.6M | $323.6M | ||
| Q1 24 | $475.2M | $145.2M | ||
| Q4 23 | $578.1M | — |
| Q3 25 | $-19.1M | $7.7M | ||
| Q2 25 | $-9.8M | $5.6M | ||
| Q1 25 | $835.0K | $11.8M | ||
| Q4 24 | $-222.4M | — | ||
| Q3 24 | $7.5M | $78.0M | ||
| Q2 24 | $3.9M | $45.2M | ||
| Q1 24 | $-40.2M | $23.8M | ||
| Q4 23 | $2.6M | — |
| Q3 25 | 22.5% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | 22.2% | — | ||
| Q2 24 | 20.7% | — | ||
| Q1 24 | 22.9% | — | ||
| Q4 23 | 21.7% | — |
| Q3 25 | 2.5% | 2.0% | ||
| Q2 25 | 5.2% | -1.7% | ||
| Q1 25 | 8.4% | 5.4% | ||
| Q4 24 | -46.6% | — | ||
| Q3 24 | 11.1% | 15.1% | ||
| Q2 24 | 9.9% | 13.7% | ||
| Q1 24 | -3.3% | 16.9% | ||
| Q4 23 | 7.2% | — |
| Q3 25 | -4.4% | 2.1% | ||
| Q2 25 | -2.3% | 2.1% | ||
| Q1 25 | 0.2% | 7.5% | ||
| Q4 24 | -40.3% | — | ||
| Q3 24 | 1.6% | 15.3% | ||
| Q2 24 | 0.9% | 14.0% | ||
| Q1 24 | -8.5% | 16.4% | ||
| Q4 23 | 0.4% | — |
| Q3 25 | $-0.24 | — | ||
| Q2 25 | $-0.12 | — | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | $-2.81 | — | ||
| Q3 24 | $0.09 | — | ||
| Q2 24 | $0.05 | — | ||
| Q1 24 | $-0.51 | — | ||
| Q4 23 | $0.02 | — |
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 | $156.2M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $470.7M | $722.9M |
| Total Assets | $2.9B | $915.5M |
| Debt / EquityLower = less leverage | 4.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $60.9M | $156.2M | ||
| Q2 25 | $54.1M | $156.2M | ||
| Q1 25 | $61.2M | $156.2M | ||
| Q4 24 | $50.6M | — | ||
| Q3 24 | $54.7M | $187.6M | ||
| Q2 24 | $40.3M | $187.6M | ||
| Q1 24 | $42.5M | $187.6M | ||
| Q4 23 | $41.1M | — |
| 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 | — | ||
| Q4 23 | $2.0B | — |
| Q3 25 | $470.7M | $722.9M | ||
| Q2 25 | $501.4M | $722.9M | ||
| Q1 25 | $513.1M | $722.9M | ||
| Q4 24 | $524.8M | — | ||
| Q3 24 | $755.3M | $718.1M | ||
| Q2 24 | $765.0M | $718.1M | ||
| Q1 24 | $781.2M | $718.1M | ||
| Q4 23 | $835.5M | — |
| Q3 25 | $2.9B | $915.5M | ||
| Q2 25 | $2.9B | $915.5M | ||
| Q1 25 | $3.0B | $915.5M | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.4B | $1.1B | ||
| Q2 24 | $3.4B | $1.1B | ||
| Q1 24 | $3.4B | $1.1B | ||
| Q4 23 | $3.5B | — |
| 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× | — | ||
| Q4 23 | 2.45× | — |
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 | $2.6M |
| Free Cash FlowOCF − Capex | $-70.7M | $-2.9M |
| FCF MarginFCF / Revenue | -16.1% | -0.8% |
| Capex IntensityCapex / Revenue | 1.4% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-64.6M | $2.6M | ||
| Q2 25 | $17.8M | — | ||
| Q1 25 | $52.7M | — | ||
| Q4 24 | $80.3M | — | ||
| Q3 24 | $4.2M | $105.2M | ||
| Q2 24 | $11.3M | — | ||
| Q1 24 | $35.1M | $17.8M | ||
| Q4 23 | $92.1M | — |
| Q3 25 | $-70.7M | $-2.9M | ||
| Q2 25 | $11.5M | — | ||
| Q1 25 | $42.4M | — | ||
| Q4 24 | $71.7M | — | ||
| Q3 24 | $-679.0K | $104.7M | ||
| Q2 24 | $5.2M | — | ||
| Q1 24 | $27.5M | $17.6M | ||
| Q4 23 | $83.3M | — |
| Q3 25 | -16.1% | -0.8% | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | -0.1% | 20.6% | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 5.8% | 12.2% | ||
| Q4 23 | 14.4% | — |
| Q3 25 | 1.4% | 1.5% | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.0% | 0.1% | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 1.6% | 0.1% | ||
| Q4 23 | 1.5% | — |
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | 63.17× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | 1.35× | ||
| Q2 24 | 2.87× | — | ||
| Q1 24 | — | 0.75× | ||
| Q4 23 | 35.76× | — |
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% |
PERI
| Advertising Solutions | $231.4M | 63% |
| Search Advertising | $137.3M | 37% |
