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Side-by-side financial comparison of BGSF, INC. (BGSF) and IT TECH PACKAGING, INC. (ITP). Click either name above to swap in a different company.
IT TECH PACKAGING, INC. is the larger business by last-quarter revenue ($25.6M vs $22.0M, roughly 1.2× BGSF, INC.). BGSF, INC. runs the higher net margin — -5.3% vs -5.7%, a 0.4% gap on every dollar of revenue. On growth, IT TECH PACKAGING, INC. posted the faster year-over-year revenue change (2.1% vs -9.4%). BGSF, INC. produced more free cash flow last quarter ($1.7M vs $1.5M). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% CAGR vs -5.3%).
BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.
IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.
BGSF vs ITP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $22.0M | $25.6M |
| Net Profit | $-1.2M | $-1.4M |
| Gross Margin | 35.0% | 7.9% |
| Operating Margin | -17.6% | -3.9% |
| Net Margin | -5.3% | -5.7% |
| Revenue YoY | -9.4% | 2.1% |
| Net Profit YoY | -18.2% | 26.6% |
| EPS (diluted) | $-0.12 | $-0.11 |
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 | $22.0M | — | ||
| Q3 25 | $26.9M | $25.6M | ||
| Q2 25 | $23.5M | $24.8M | ||
| Q1 25 | $20.9M | $10.9M | ||
| Q4 24 | $24.3M | $17.6M | ||
| Q3 24 | $29.8M | $25.1M | ||
| Q2 24 | $25.7M | $26.2M | ||
| Q1 24 | $24.5M | $6.9M |
| Q4 25 | $-1.2M | — | ||
| Q3 25 | $-5.8M | $-1.4M | ||
| Q2 25 | $-3.7M | $-2.0M | ||
| Q1 25 | $-722.0K | $-3.5M | ||
| Q4 24 | $-981.0K | $-4.0M | ||
| Q3 24 | $-804.0K | $-2.0M | ||
| Q2 24 | $-761.0K | $-77.7K | ||
| Q1 24 | $-792.0K | $-3.7M |
| Q4 25 | 35.0% | — | ||
| Q3 25 | 35.9% | 7.9% | ||
| Q2 25 | 35.8% | 5.1% | ||
| Q1 25 | 36.2% | 0.8% | ||
| Q4 24 | 35.9% | 6.3% | ||
| Q3 24 | 35.9% | 7.6% | ||
| Q2 24 | 37.3% | 12.4% | ||
| Q1 24 | 38.1% | 5.8% |
| Q4 25 | -17.6% | — | ||
| Q3 25 | -3.5% | -3.9% | ||
| Q2 25 | -18.8% | -7.1% | ||
| Q1 25 | 1.6% | -31.0% | ||
| Q4 24 | -15.7% | -21.5% | ||
| Q3 24 | -3.4% | -5.8% | ||
| Q2 24 | -5.7% | 2.1% | ||
| Q1 24 | 1.7% | -51.0% |
| Q4 25 | -5.3% | — | ||
| Q3 25 | -21.6% | -5.7% | ||
| Q2 25 | -15.9% | -7.9% | ||
| Q1 25 | -3.5% | -32.2% | ||
| Q4 24 | -4.0% | -22.9% | ||
| Q3 24 | -2.7% | -7.9% | ||
| Q2 24 | -3.0% | -0.3% | ||
| Q1 24 | -3.2% | -54.6% |
| Q4 25 | $-0.12 | — | ||
| Q3 25 | $-0.52 | $-0.11 | ||
| Q2 25 | $-0.34 | $-0.16 | ||
| Q1 25 | $-0.06 | $-0.35 | ||
| Q4 24 | — | $-0.40 | ||
| Q3 24 | $-0.07 | $-0.20 | ||
| Q2 24 | $-0.07 | $-0.01 | ||
| Q1 24 | — | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $4.7M |
| Stockholders' EquityBook value | $48.1M | $152.0M |
| Total Assets | $57.8M | $175.7M |
| Debt / EquityLower = less leverage | — | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $41.2M | — | ||
| Q2 25 | $2.8M | — | ||
| Q1 25 | $2.0M | — | ||
| Q4 24 | $32.0K | — | ||
| Q3 24 | $262 | — | ||
| Q2 24 | $226 | — | ||
| Q1 24 | $50 | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $4.7M | ||
| Q4 24 | — | $4.7M | ||
| Q3 24 | — | $8.9M | ||
| Q2 24 | — | $11.3M | ||
| Q1 24 | — | $11.4M |
| Q4 25 | $48.1M | — | ||
| Q3 25 | $50.7M | $152.0M | ||
| Q2 25 | $78.3M | $152.3M | ||
| Q1 25 | $81.8M | $152.8M | ||
| Q4 24 | $82.3M | $156.1M | ||
| Q3 24 | $82.9M | $164.3M | ||
| Q2 24 | $83.2M | $163.5M | ||
| Q1 24 | $83.6M | $164.3M |
| Q4 25 | $57.8M | — | ||
| Q3 25 | $83.6M | $175.7M | ||
| Q2 25 | $149.7M | $175.2M | ||
| Q1 25 | $152.3M | $175.2M | ||
| Q4 24 | $150.1M | $177.5M | ||
| Q3 24 | $157.3K | $190.0M | ||
| Q2 24 | $159.8K | $191.4M | ||
| Q1 24 | $170.6K | $177.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | — | 0.07× |
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 | $1.7M | $1.5M |
| Free Cash FlowOCF − Capex | $1.7M | $1.5M |
| FCF MarginFCF / Revenue | 7.6% | 5.9% |
| Capex IntensityCapex / Revenue | 0.1% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0K | $3.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | — | ||
| Q3 25 | $-4.8M | $1.5M | ||
| Q2 25 | $2.2M | $1.4M | ||
| Q1 25 | $1.1M | $-2.5M | ||
| Q4 24 | $3.2M | $3.5M | ||
| Q3 24 | $6.5M | $1.5M | ||
| Q2 24 | $7.3M | $721.9K | ||
| Q1 24 | $7.4M | $624.4K |
| Q4 25 | $1.7M | — | ||
| Q3 25 | $-4.9M | $1.5M | ||
| Q2 25 | $2.1M | $1.3M | ||
| Q1 25 | $1.0M | $-2.5M | ||
| Q4 24 | $2.5M | $3.5M | ||
| Q3 24 | $6.5M | $1.2M | ||
| Q2 24 | $7.3M | $668.3K | ||
| Q1 24 | $6.9M | $615.4K |
| Q4 25 | 7.6% | — | ||
| Q3 25 | -18.1% | 5.9% | ||
| Q2 25 | 9.1% | 5.4% | ||
| Q1 25 | 5.0% | -22.8% | ||
| Q4 24 | 10.2% | 19.6% | ||
| Q3 24 | 21.7% | 4.9% | ||
| Q2 24 | 28.5% | 2.5% | ||
| Q1 24 | 28.1% | 9.0% |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.4% | 0.0% | ||
| Q2 25 | 0.0% | 0.1% | ||
| Q1 25 | 0.1% | 0.1% | ||
| Q4 24 | 3.0% | 0.1% | ||
| Q3 24 | 0.0% | 1.0% | ||
| Q2 24 | 0.0% | 0.2% | ||
| Q1 24 | 2.0% | 0.1% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
ITP
Segment breakdown not available.
