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Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) and Clearfield, Inc. (CLFD). Click either name above to swap in a different company.

BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $34.3M, roughly 1.8× Clearfield, Inc.). On growth, Clearfield, Inc. posted the faster year-over-year revenue change (-3.2% vs -19.7%). Clearfield, Inc. produced more free cash flow last quarter ($-2.4M vs $-49.8M). Over the past eight quarters, Clearfield, Inc.'s revenue compounded faster (-3.5% CAGR vs -9.7%).

Beyond Meat, Inc., branded as Beyond, is a producer of plant-based meat alternatives founded in 2009 by Ethan Brown. The company's products were first launched in the United States in 2012.

Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.

BYND vs CLFD — Head-to-Head

Bigger by revenue
BYND
BYND
1.8× larger
BYND
$61.6M
$34.3M
CLFD
Growing faster (revenue YoY)
CLFD
CLFD
+16.5% gap
CLFD
-3.2%
-19.7%
BYND
More free cash flow
CLFD
CLFD
$47.3M more FCF
CLFD
$-2.4M
$-49.8M
BYND
Faster 2-yr revenue CAGR
CLFD
CLFD
Annualised
CLFD
-3.5%
-9.7%
BYND

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BYND
BYND
CLFD
CLFD
Revenue
$61.6M
$34.3M
Net Profit
$-614.0K
Gross Margin
-11.5%
33.2%
Operating Margin
-211.4%
-5.3%
Net Margin
-1.8%
Revenue YoY
-19.7%
-3.2%
Net Profit YoY
67.8%
EPS (diluted)
$0.68
$-0.04

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.

Revenue
BYND
BYND
CLFD
CLFD
Q4 25
$61.6M
$34.3M
Q3 25
$70.2M
$23.4M
Q2 25
$75.0M
$49.9M
Q1 25
$68.7M
$47.2M
Q4 24
$76.7M
$29.7M
Q3 24
$81.0M
$5.6M
Q2 24
$93.2M
$48.8M
Q1 24
$75.6M
$36.9M
Net Profit
BYND
BYND
CLFD
CLFD
Q4 25
$-614.0K
Q3 25
$-110.7M
$-9.1M
Q2 25
$-29.2M
$1.6M
Q1 25
$-52.9M
$1.3M
Q4 24
$-1.9M
Q3 24
$-26.6M
Q2 24
$-34.5M
$-447.0K
Q1 24
$-54.4M
$-5.9M
Gross Margin
BYND
BYND
CLFD
CLFD
Q4 25
-11.5%
33.2%
Q3 25
10.3%
53.2%
Q2 25
11.5%
30.5%
Q1 25
-1.5%
30.1%
Q4 24
13.1%
29.2%
Q3 24
17.7%
Q2 24
14.7%
21.9%
Q1 24
4.9%
7.7%
Operating Margin
BYND
BYND
CLFD
CLFD
Q4 25
-211.4%
-5.3%
Q3 25
-160.0%
10.3%
Q2 25
-46.6%
3.0%
Q1 25
-81.8%
0.6%
Q4 24
-49.3%
-6.9%
Q3 24
-38.2%
Q2 24
-36.4%
-4.7%
Q1 24
-70.7%
-26.4%
Net Margin
BYND
BYND
CLFD
CLFD
Q4 25
-1.8%
Q3 25
-157.6%
-38.8%
Q2 25
-39.0%
3.2%
Q1 25
-77.0%
2.8%
Q4 24
-6.4%
Q3 24
-32.8%
Q2 24
-37.0%
-0.9%
Q1 24
-71.9%
-16.0%
EPS (diluted)
BYND
BYND
CLFD
CLFD
Q4 25
$0.68
$-0.04
Q3 25
$-1.44
$-0.65
Q2 25
$-0.38
$0.11
Q1 25
$-0.69
$0.09
Q4 24
$-0.65
$-0.13
Q3 24
$-0.41
Q2 24
$-0.53
$-0.04
Q1 24
$-0.84
$-0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BYND
BYND
CLFD
CLFD
Cash + ST InvestmentsLiquidity on hand
$203.9M
$96.4M
Total DebtLower is stronger
$415.7M
Stockholders' EquityBook value
$-997.0K
$249.7M
Total Assets
$614.7M
$268.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
CLFD
CLFD
Q4 25
$203.9M
$96.4M
Q3 25
$117.3M
$106.0M
Q2 25
$103.5M
$117.2M
Q1 25
$102.1M
$112.0M
Q4 24
$131.9M
$113.0M
Q3 24
$121.7M
$129.0M
Q2 24
$144.9M
$123.8M
Q1 24
$157.9M
$142.9M
Total Debt
BYND
BYND
CLFD
CLFD
Q4 25
$415.7M
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
$2.2M
Q2 24
$1.1B
$2.1M
Q1 24
$1.1B
Stockholders' Equity
BYND
BYND
CLFD
CLFD
Q4 25
$-997.0K
$249.7M
Q3 25
$-784.1M
$256.2M
Q2 25
$-677.0M
$264.5M
Q1 25
$-649.5M
$265.9M
Q4 24
$-601.2M
$267.4M
Q3 24
$-611.9M
$275.8M
Q2 24
$-590.0M
$274.6M
Q1 24
$-561.4M
$279.2M
Total Assets
BYND
BYND
CLFD
CLFD
Q4 25
$614.7M
$268.1M
Q3 25
$599.7M
$306.2M
Q2 25
$691.7M
$314.7M
Q1 25
$643.8M
$310.9M
Q4 24
$678.1M
$303.2M
Q3 24
$692.9M
$315.3M
Q2 24
$711.2M
$318.1M
Q1 24
$735.0M
$315.4M
Debt / Equity
BYND
BYND
CLFD
CLFD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.01×
Q2 24
0.01×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BYND
BYND
CLFD
CLFD
Operating Cash FlowLast quarter
$-46.8M
$-1.4M
Free Cash FlowOCF − Capex
$-49.8M
$-2.4M
FCF MarginFCF / Revenue
-80.8%
-7.1%
Capex IntensityCapex / Revenue
4.8%
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-157.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYND
BYND
CLFD
CLFD
Q4 25
$-46.8M
$-1.4M
Q3 25
$-38.8M
Q2 25
$-33.2M
$7.9M
Q1 25
$-26.1M
$3.0M
Q4 24
$-29.0M
$7.2M
Q3 24
$-22.0M
$22.2M
Q2 24
$-16.0M
$4.0M
Q1 24
$-31.8M
$-5.7M
Free Cash Flow
BYND
BYND
CLFD
CLFD
Q4 25
$-49.8M
$-2.4M
Q3 25
$-41.7M
Q2 25
$-35.1M
$7.5M
Q1 25
$-30.6M
$654.0K
Q4 24
$-35.4M
$5.1M
Q3 24
$-24.1M
$18.2M
Q2 24
$-17.3M
$2.8M
Q1 24
$-33.0M
$-7.7M
FCF Margin
BYND
BYND
CLFD
CLFD
Q4 25
-80.8%
-7.1%
Q3 25
-59.4%
Q2 25
-46.9%
15.1%
Q1 25
-44.6%
1.4%
Q4 24
-46.2%
17.1%
Q3 24
-29.7%
323.0%
Q2 24
-18.6%
5.8%
Q1 24
-43.7%
-20.8%
Capex Intensity
BYND
BYND
CLFD
CLFD
Q4 25
4.8%
2.9%
Q3 25
4.1%
2.0%
Q2 25
2.6%
0.8%
Q1 25
6.5%
5.1%
Q4 24
8.4%
7.0%
Q3 24
2.5%
71.4%
Q2 24
1.4%
2.5%
Q1 24
1.6%
5.3%
Cash Conversion
BYND
BYND
CLFD
CLFD
Q4 25
Q3 25
Q2 25
4.93×
Q1 25
2.30×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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