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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and USANA HEALTH SCIENCES INC (USNA). 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 $250.2M, roughly 1.8× USANA HEALTH SCIENCES INC). USANA HEALTH SCIENCES INC runs the higher net margin — 3.0% vs -4.4%, a 7.4% gap on every dollar of revenue. On growth, USANA HEALTH SCIENCES INC posted the faster year-over-year revenue change (-3.0% vs -4.7%). Over the past eight quarters, USANA HEALTH SCIENCES INC's revenue compounded faster (11.8% 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.
Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.
BGS vs USNA — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2027
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $250.2M |
| Net Profit | $-19.1M | $7.5M |
| Gross Margin | 22.5% | 76.2% |
| Operating Margin | 2.5% | 5.5% |
| Net Margin | -4.4% | 3.0% |
| Revenue YoY | -4.7% | -3.0% |
| Net Profit YoY | -356.5% | -20.0% |
| EPS (diluted) | $-0.24 | $0.41 |
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.
| Q1 26 | — | $250.2M | ||
| Q4 25 | — | $226.2M | ||
| Q3 25 | $439.3M | $213.7M | ||
| Q2 25 | $424.4M | $235.8M | ||
| Q1 25 | $425.4M | $249.5M | ||
| Q4 24 | $551.6M | $213.6M | ||
| Q3 24 | $461.1M | $200.2M | ||
| Q2 24 | $444.6M | — |
| Q1 26 | — | $7.5M | ||
| Q4 25 | — | $180.0K | ||
| Q3 25 | $-19.1M | $-6.5M | ||
| Q2 25 | $-9.8M | $9.7M | ||
| Q1 25 | $835.0K | $9.4M | ||
| Q4 24 | $-222.4M | $4.5M | ||
| Q3 24 | $7.5M | $10.6M | ||
| Q2 24 | $3.9M | — |
| Q1 26 | — | 76.2% | ||
| Q4 25 | — | 78.2% | ||
| Q3 25 | 22.5% | 77.2% | ||
| Q2 25 | 20.5% | 78.7% | ||
| Q1 25 | 21.2% | 79.0% | ||
| Q4 24 | 21.5% | 82.0% | ||
| Q3 24 | 22.2% | 80.4% | ||
| Q2 24 | 20.7% | — |
| Q1 26 | — | 5.5% | ||
| Q4 25 | — | 1.7% | ||
| Q3 25 | 2.5% | 0.6% | ||
| Q2 25 | 5.2% | 7.1% | ||
| Q1 25 | 8.4% | 6.3% | ||
| Q4 24 | -46.6% | 3.8% | ||
| Q3 24 | 11.1% | 7.8% | ||
| Q2 24 | 9.9% | — |
| Q1 26 | — | 3.0% | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | -4.4% | -3.1% | ||
| Q2 25 | -2.3% | 4.1% | ||
| Q1 25 | 0.2% | 3.8% | ||
| Q4 24 | -40.3% | 2.1% | ||
| Q3 24 | 1.6% | 5.3% | ||
| Q2 24 | 0.9% | — |
| Q1 26 | — | $0.41 | ||
| Q4 25 | — | $-0.10 | ||
| Q3 25 | $-0.24 | $-0.36 | ||
| Q2 25 | $-0.12 | $0.52 | ||
| Q1 25 | $0.01 | $0.49 | ||
| Q4 24 | $-2.81 | $0.23 | ||
| Q3 24 | $0.09 | $0.56 | ||
| Q2 24 | $0.05 | — |
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 | $162.8M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $470.7M | — |
| Total Assets | $2.9B | $739.0M |
| Debt / EquityLower = less leverage | 4.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $162.8M | ||
| Q4 25 | — | $158.4M | ||
| Q3 25 | $60.9M | $145.3M | ||
| Q2 25 | $54.1M | $151.3M | ||
| Q1 25 | $61.2M | $179.6M | ||
| Q4 24 | $50.6M | $181.8M | ||
| Q3 24 | $54.7M | $364.9M | ||
| Q2 24 | $40.3M | — |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $470.7M | $528.1M | ||
| Q2 25 | $501.4M | $531.1M | ||
| Q1 25 | $513.1M | $529.8M | ||
| Q4 24 | $524.8M | $532.1M | ||
| Q3 24 | $755.3M | $533.1M | ||
| Q2 24 | $765.0M | — |
| Q1 26 | — | $739.0M | ||
| Q4 25 | — | $742.9M | ||
| Q3 25 | $2.9B | $726.6M | ||
| Q2 25 | $2.9B | $734.5M | ||
| Q1 25 | $3.0B | $746.6M | ||
| Q4 24 | $3.0B | $748.2M | ||
| Q3 24 | $3.4B | $671.3M | ||
| Q2 24 | $3.4B | — |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| FCF MarginFCF / Revenue | -16.1% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $-64.6M | $-2.0M | ||
| Q2 25 | $17.8M | $12.2M | ||
| Q1 25 | $52.7M | $15.5M | ||
| Q4 24 | $80.3M | $5.8M | ||
| Q3 24 | $4.2M | $29.5M | ||
| Q2 24 | $11.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $-70.7M | $-5.2M | ||
| Q2 25 | $11.5M | $7.2M | ||
| Q1 25 | $42.4M | $12.7M | ||
| Q4 24 | $71.7M | $4.0M | ||
| Q3 24 | $-679.0K | $27.1M | ||
| Q2 24 | $5.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -16.1% | -2.4% | ||
| Q2 25 | 2.7% | 3.0% | ||
| Q1 25 | 10.0% | 5.1% | ||
| Q4 24 | 13.0% | 1.9% | ||
| Q3 24 | -0.1% | 13.6% | ||
| Q2 24 | 1.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.4% | 1.5% | ||
| Q2 25 | 1.5% | 2.1% | ||
| Q1 25 | 2.4% | 1.1% | ||
| Q4 24 | 1.6% | 0.8% | ||
| Q3 24 | 1.0% | 1.2% | ||
| Q2 24 | 1.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.27× | ||
| Q1 25 | 63.17× | 1.65× | ||
| Q4 24 | — | 1.29× | ||
| Q3 24 | 0.56× | 2.78× | ||
| Q2 24 | 2.87× | — |
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% |
USNA
Segment breakdown not available.
