vs

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

BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $43.5M, roughly 1.4× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs -19.7%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% 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.

Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.

BYND vs DX — Head-to-Head

Bigger by revenue
BYND
BYND
1.4× larger
BYND
$61.6M
$43.5M
DX
Growing faster (revenue YoY)
DX
DX
+551.0% gap
DX
531.3%
-19.7%
BYND
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
-9.7%
BYND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYND
BYND
DX
DX
Revenue
$61.6M
$43.5M
Net Profit
Gross Margin
-11.5%
Operating Margin
-211.4%
Net Margin
Revenue YoY
-19.7%
531.3%
Net Profit YoY
EPS (diluted)
$0.68
$1.59

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
DX
DX
Q4 25
$61.6M
$43.5M
Q3 25
$70.2M
$30.6M
Q2 25
$75.0M
$23.1M
Q1 25
$68.7M
$17.1M
Q4 24
$76.7M
Q3 24
$81.0M
Q2 24
$93.2M
Q1 24
$75.6M
$-3.2M
Net Profit
BYND
BYND
DX
DX
Q4 25
Q3 25
$-110.7M
$150.4M
Q2 25
$-29.2M
$-13.6M
Q1 25
$-52.9M
$-3.1M
Q4 24
Q3 24
$-26.6M
Q2 24
$-34.5M
Q1 24
$-54.4M
$40.1M
Gross Margin
BYND
BYND
DX
DX
Q4 25
-11.5%
Q3 25
10.3%
Q2 25
11.5%
Q1 25
-1.5%
Q4 24
13.1%
Q3 24
17.7%
Q2 24
14.7%
Q1 24
4.9%
Operating Margin
BYND
BYND
DX
DX
Q4 25
-211.4%
Q3 25
-160.0%
Q2 25
-46.6%
Q1 25
-81.8%
Q4 24
-49.3%
Q3 24
-38.2%
Q2 24
-36.4%
Q1 24
-70.7%
Net Margin
BYND
BYND
DX
DX
Q4 25
Q3 25
-157.6%
491.3%
Q2 25
-39.0%
-58.8%
Q1 25
-77.0%
-18.0%
Q4 24
Q3 24
-32.8%
Q2 24
-37.0%
Q1 24
-71.9%
-1256.8%
EPS (diluted)
BYND
BYND
DX
DX
Q4 25
$0.68
$1.59
Q3 25
$-1.44
$1.08
Q2 25
$-0.38
$-0.14
Q1 25
$-0.69
$-0.06
Q4 24
$-0.65
Q3 24
$-0.41
Q2 24
$-0.53
Q1 24
$-0.84
$0.64

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
DX
DX
Cash + ST InvestmentsLiquidity on hand
$203.9M
$531.0M
Total DebtLower is stronger
$415.7M
Stockholders' EquityBook value
$-997.0K
$2.5B
Total Assets
$614.7M
$17.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
DX
DX
Q4 25
$203.9M
$531.0M
Q3 25
$117.3M
$491.0M
Q2 25
$103.5M
$387.5M
Q1 25
$102.1M
$327.4M
Q4 24
$131.9M
Q3 24
$121.7M
Q2 24
$144.9M
Q1 24
$157.9M
$295.7M
Total Debt
BYND
BYND
DX
DX
Q4 25
$415.7M
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Stockholders' Equity
BYND
BYND
DX
DX
Q4 25
$-997.0K
$2.5B
Q3 25
$-784.1M
$2.0B
Q2 25
$-677.0M
$1.6B
Q1 25
$-649.5M
$1.4B
Q4 24
$-601.2M
Q3 24
$-611.9M
Q2 24
$-590.0M
Q1 24
$-561.4M
$958.5M
Total Assets
BYND
BYND
DX
DX
Q4 25
$614.7M
$17.3B
Q3 25
$599.7M
$14.2B
Q2 25
$691.7M
$11.3B
Q1 25
$643.8M
$9.0B
Q4 24
$678.1M
Q3 24
$692.9M
Q2 24
$711.2M
Q1 24
$735.0M
$6.3B

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
DX
DX
Operating Cash FlowLast quarter
$-46.8M
$120.8M
Free Cash FlowOCF − Capex
$-49.8M
FCF MarginFCF / Revenue
-80.8%
Capex IntensityCapex / Revenue
4.8%
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
DX
DX
Q4 25
$-46.8M
$120.8M
Q3 25
$-38.8M
$68.3M
Q2 25
$-33.2M
$31.9M
Q1 25
$-26.1M
$6.4M
Q4 24
$-29.0M
Q3 24
$-22.0M
Q2 24
$-16.0M
Q1 24
$-31.8M
$-17.1M
Free Cash Flow
BYND
BYND
DX
DX
Q4 25
$-49.8M
Q3 25
$-41.7M
Q2 25
$-35.1M
Q1 25
$-30.6M
Q4 24
$-35.4M
Q3 24
$-24.1M
Q2 24
$-17.3M
Q1 24
$-33.0M
FCF Margin
BYND
BYND
DX
DX
Q4 25
-80.8%
Q3 25
-59.4%
Q2 25
-46.9%
Q1 25
-44.6%
Q4 24
-46.2%
Q3 24
-29.7%
Q2 24
-18.6%
Q1 24
-43.7%
Capex Intensity
BYND
BYND
DX
DX
Q4 25
4.8%
Q3 25
4.1%
Q2 25
2.6%
Q1 25
6.5%
Q4 24
8.4%
Q3 24
2.5%
Q2 24
1.4%
Q1 24
1.6%
Cash Conversion
BYND
BYND
DX
DX
Q4 25
Q3 25
0.45×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.43×

Financial Flow Comparison

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

Related Comparisons