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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
Trade Desk (The) is the larger business by last-quarter revenue ($846.8M vs $439.3M, roughly 1.9× B&G Foods, Inc.). Trade Desk (The) runs the higher net margin — 22.1% vs -4.4%, a 26.4% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs -4.7%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $-70.7M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% 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.
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
BGS vs TTD — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $846.8M |
| Net Profit | $-19.1M | $186.9M |
| Gross Margin | 22.5% | 80.7% |
| Operating Margin | 2.5% | 30.3% |
| Net Margin | -4.4% | 22.1% |
| Revenue YoY | -4.7% | 14.3% |
| Net Profit YoY | -356.5% | 2.6% |
| EPS (diluted) | $-0.24 | $0.39 |
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 | — | $846.8M | ||
| Q3 25 | $439.3M | $739.4M | ||
| Q2 25 | $424.4M | $694.0M | ||
| Q1 25 | $425.4M | $616.0M | ||
| Q4 24 | $551.6M | $741.0M | ||
| Q3 24 | $461.1M | $628.0M | ||
| Q2 24 | $444.6M | $584.5M | ||
| Q1 24 | $475.2M | $491.3M |
| Q4 25 | — | $186.9M | ||
| Q3 25 | $-19.1M | $115.5M | ||
| Q2 25 | $-9.8M | $90.1M | ||
| Q1 25 | $835.0K | $50.7M | ||
| Q4 24 | $-222.4M | $182.2M | ||
| Q3 24 | $7.5M | $94.2M | ||
| Q2 24 | $3.9M | $85.0M | ||
| Q1 24 | $-40.2M | $31.7M |
| Q4 25 | — | 80.7% | ||
| Q3 25 | 22.5% | 78.1% | ||
| Q2 25 | 20.5% | 78.2% | ||
| Q1 25 | 21.2% | 76.8% | ||
| Q4 24 | 21.5% | 81.7% | ||
| Q3 24 | 22.2% | 80.5% | ||
| Q2 24 | 20.7% | 81.1% | ||
| Q1 24 | 22.9% | 78.9% |
| Q4 25 | — | 30.3% | ||
| Q3 25 | 2.5% | 21.8% | ||
| Q2 25 | 5.2% | 16.8% | ||
| Q1 25 | 8.4% | 8.8% | ||
| Q4 24 | -46.6% | 26.4% | ||
| Q3 24 | 11.1% | 17.3% | ||
| Q2 24 | 9.9% | 16.2% | ||
| Q1 24 | -3.3% | 5.8% |
| Q4 25 | — | 22.1% | ||
| Q3 25 | -4.4% | 15.6% | ||
| Q2 25 | -2.3% | 13.0% | ||
| Q1 25 | 0.2% | 8.2% | ||
| Q4 24 | -40.3% | 24.6% | ||
| Q3 24 | 1.6% | 15.0% | ||
| Q2 24 | 0.9% | 14.5% | ||
| Q1 24 | -8.5% | 6.4% |
| Q4 25 | — | $0.39 | ||
| Q3 25 | $-0.24 | $0.23 | ||
| Q2 25 | $-0.12 | $0.18 | ||
| Q1 25 | $0.01 | $0.10 | ||
| Q4 24 | $-2.81 | $0.36 | ||
| Q3 24 | $0.09 | $0.19 | ||
| Q2 24 | $0.05 | $0.17 | ||
| Q1 24 | $-0.51 | $0.06 |
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 | $1.3B |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $470.7M | $2.5B |
| Total Assets | $2.9B | $6.2B |
| Debt / EquityLower = less leverage | 4.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3B | ||
| Q3 25 | $60.9M | $1.4B | ||
| Q2 25 | $54.1M | $1.7B | ||
| Q1 25 | $61.2M | $1.7B | ||
| Q4 24 | $50.6M | $1.9B | ||
| Q3 24 | $54.7M | $1.7B | ||
| Q2 24 | $40.3M | $1.5B | ||
| Q1 24 | $42.5M | $1.4B |
| 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 | — |
| Q4 25 | — | $2.5B | ||
| Q3 25 | $470.7M | $2.6B | ||
| Q2 25 | $501.4M | $2.7B | ||
| Q1 25 | $513.1M | $2.7B | ||
| Q4 24 | $524.8M | $2.9B | ||
| Q3 24 | $755.3M | $2.6B | ||
| Q2 24 | $765.0M | $2.4B | ||
| Q1 24 | $781.2M | $2.2B |
| Q4 25 | — | $6.2B | ||
| Q3 25 | $2.9B | $5.9B | ||
| Q2 25 | $2.9B | $6.0B | ||
| Q1 25 | $3.0B | $5.7B | ||
| Q4 24 | $3.0B | $6.1B | ||
| Q3 24 | $3.4B | $5.5B | ||
| Q2 24 | $3.4B | $5.2B | ||
| Q1 24 | $3.4B | $4.7B |
| 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× | — |
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 | $311.6M |
| Free Cash FlowOCF − Capex | $-70.7M | $285.3M |
| FCF MarginFCF / Revenue | -16.1% | 33.7% |
| Capex IntensityCapex / Revenue | 1.4% | 3.1% |
| Cash ConversionOCF / Net Profit | — | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $311.6M | ||
| Q3 25 | $-64.6M | $224.7M | ||
| Q2 25 | $17.8M | $165.0M | ||
| Q1 25 | $52.7M | $291.4M | ||
| Q4 24 | $80.3M | $199.4M | ||
| Q3 24 | $4.2M | $273.3M | ||
| Q2 24 | $11.3M | $81.3M | ||
| Q1 24 | $35.1M | $185.5M |
| Q4 25 | — | $285.3M | ||
| Q3 25 | $-70.7M | $158.3M | ||
| Q2 25 | $11.5M | $119.8M | ||
| Q1 25 | $42.4M | $232.3M | ||
| Q4 24 | $71.7M | $179.2M | ||
| Q3 24 | $-679.0K | $224.6M | ||
| Q2 24 | $5.2M | $59.1M | ||
| Q1 24 | $27.5M | $178.2M |
| Q4 25 | — | 33.7% | ||
| Q3 25 | -16.1% | 21.4% | ||
| Q2 25 | 2.7% | 17.3% | ||
| Q1 25 | 10.0% | 37.7% | ||
| Q4 24 | 13.0% | 24.2% | ||
| Q3 24 | -0.1% | 35.8% | ||
| Q2 24 | 1.2% | 10.1% | ||
| Q1 24 | 5.8% | 36.3% |
| Q4 25 | — | 3.1% | ||
| Q3 25 | 1.4% | 9.0% | ||
| Q2 25 | 1.5% | 6.5% | ||
| Q1 25 | 2.4% | 9.6% | ||
| Q4 24 | 1.6% | 2.7% | ||
| Q3 24 | 1.0% | 7.8% | ||
| Q2 24 | 1.4% | 3.8% | ||
| Q1 24 | 1.6% | 1.5% |
| Q4 25 | — | 1.67× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | 63.17× | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | 0.56× | 2.90× | ||
| Q2 24 | 2.87× | 0.96× | ||
| Q1 24 | — | 5.86× |
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% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
