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

FLOWERS FOODS INC is the larger business by last-quarter revenue ($1.2B vs $61.6M, roughly 19.9× BEYOND MEAT, INC.). On growth, FLOWERS FOODS INC posted the faster year-over-year revenue change (3.0% vs -19.7%). FLOWERS FOODS INC produced more free cash flow last quarter ($30.4M vs $-49.8M). Over the past eight quarters, FLOWERS FOODS INC's revenue compounded faster (4.2% 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.

Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packaged bakery foods in the United States. The company operates 44 bakeries across 19 states that produce a variety of products, including bread, buns, rolls, snack cakes, pastries, and tortillas. As of February 2013, Flowers Foods had grown to be the "second-largest baking company in the United States."

BYND vs FLO — Head-to-Head

Bigger by revenue
FLO
FLO
19.9× larger
FLO
$1.2B
$61.6M
BYND
Growing faster (revenue YoY)
FLO
FLO
+22.7% gap
FLO
3.0%
-19.7%
BYND
More free cash flow
FLO
FLO
$80.2M more FCF
FLO
$30.4M
$-49.8M
BYND
Faster 2-yr revenue CAGR
FLO
FLO
Annualised
FLO
4.2%
-9.7%
BYND

Income Statement — Q4 2025 vs Q3 2026

Metric
BYND
BYND
FLO
FLO
Revenue
$61.6M
$1.2B
Net Profit
$39.5M
Gross Margin
-11.5%
Operating Margin
-211.4%
5.4%
Net Margin
3.2%
Revenue YoY
-19.7%
3.0%
Net Profit YoY
-39.2%
EPS (diluted)
$0.68
$0.19

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
FLO
FLO
Q4 25
$61.6M
$1.2B
Q3 25
$70.2M
$1.2B
Q2 25
$75.0M
$1.6B
Q1 25
$68.7M
Q4 24
$76.7M
$1.2B
Q3 24
$81.0M
$1.2B
Q2 24
$93.2M
$1.6B
Q1 24
$75.6M
Net Profit
BYND
BYND
FLO
FLO
Q4 25
$39.5M
Q3 25
$-110.7M
$58.4M
Q2 25
$-29.2M
$53.0M
Q1 25
$-52.9M
Q4 24
$65.0M
Q3 24
$-26.6M
$67.0M
Q2 24
$-34.5M
$73.0M
Q1 24
$-54.4M
Gross Margin
BYND
BYND
FLO
FLO
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
FLO
FLO
Q4 25
-211.4%
5.4%
Q3 25
-160.0%
7.5%
Q2 25
-46.6%
5.5%
Q1 25
-81.8%
Q4 24
-49.3%
7.6%
Q3 24
-38.2%
7.8%
Q2 24
-36.4%
6.4%
Q1 24
-70.7%
Net Margin
BYND
BYND
FLO
FLO
Q4 25
3.2%
Q3 25
-157.6%
4.7%
Q2 25
-39.0%
3.4%
Q1 25
-77.0%
Q4 24
5.5%
Q3 24
-32.8%
5.5%
Q2 24
-37.0%
4.6%
Q1 24
-71.9%
EPS (diluted)
BYND
BYND
FLO
FLO
Q4 25
$0.68
$0.19
Q3 25
$-1.44
$0.28
Q2 25
$-0.38
$0.25
Q1 25
$-0.69
Q4 24
$-0.65
$0.31
Q3 24
$-0.41
$0.32
Q2 24
$-0.53
$0.34
Q1 24
$-0.84

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
FLO
FLO
Cash + ST InvestmentsLiquidity on hand
$203.9M
$16.7M
Total DebtLower is stronger
$415.7M
$1.8B
Stockholders' EquityBook value
$-997.0K
$1.4B
Total Assets
$614.7M
$4.3B
Debt / EquityLower = less leverage
1.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
FLO
FLO
Q4 25
$203.9M
$16.7M
Q3 25
$117.3M
$11.0M
Q2 25
$103.5M
$7.3M
Q1 25
$102.1M
Q4 24
$131.9M
$15.0M
Q3 24
$121.7M
$6.9M
Q2 24
$144.9M
$15.8M
Q1 24
$157.9M
Total Debt
BYND
BYND
FLO
FLO
Q4 25
$415.7M
$1.8B
Q3 25
$1.2B
$1.7B
Q2 25
$1.2B
$1.8B
Q1 25
$1.1B
Q4 24
$1.1B
$1.1B
Q3 24
$1.1B
$1.1B
Q2 24
$1.1B
$1.0B
Q1 24
$1.1B
Stockholders' Equity
BYND
BYND
FLO
FLO
Q4 25
$-997.0K
$1.4B
Q3 25
$-784.1M
$1.4B
Q2 25
$-677.0M
$1.4B
Q1 25
$-649.5M
Q4 24
$-601.2M
$1.4B
Q3 24
$-611.9M
$1.4B
Q2 24
$-590.0M
$1.4B
Q1 24
$-561.4M
Total Assets
BYND
BYND
FLO
FLO
Q4 25
$614.7M
$4.3B
Q3 25
$599.7M
$4.3B
Q2 25
$691.7M
$4.3B
Q1 25
$643.8M
Q4 24
$678.1M
$3.4B
Q3 24
$692.9M
$3.4B
Q2 24
$711.2M
$3.4B
Q1 24
$735.0M
Debt / Equity
BYND
BYND
FLO
FLO
Q4 25
1.25×
Q3 25
1.23×
Q2 25
1.26×
Q1 25
Q4 24
0.75×
Q3 24
0.77×
Q2 24
0.76×
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
FLO
FLO
Operating Cash FlowLast quarter
$-46.8M
$54.4M
Free Cash FlowOCF − Capex
$-49.8M
$30.4M
FCF MarginFCF / Revenue
-80.8%
2.5%
Capex IntensityCapex / Revenue
4.8%
2.0%
Cash ConversionOCF / Net Profit
1.38×
TTM Free Cash FlowTrailing 4 quarters
$-157.2M
$325.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYND
BYND
FLO
FLO
Q4 25
$-46.8M
$54.4M
Q3 25
$-38.8M
$130.8M
Q2 25
$-33.2M
$135.6M
Q1 25
$-26.1M
Q4 24
$-29.0M
$113.9M
Q3 24
$-22.0M
$63.3M
Q2 24
$-16.0M
$105.1M
Q1 24
$-31.8M
Free Cash Flow
BYND
BYND
FLO
FLO
Q4 25
$-49.8M
$30.4M
Q3 25
$-41.7M
$100.0M
Q2 25
$-35.1M
$110.1M
Q1 25
$-30.6M
Q4 24
$-35.4M
$88.6M
Q3 24
$-24.1M
$35.4M
Q2 24
$-17.3M
$71.8M
Q1 24
$-33.0M
FCF Margin
BYND
BYND
FLO
FLO
Q4 25
-80.8%
2.5%
Q3 25
-59.4%
8.0%
Q2 25
-46.9%
7.1%
Q1 25
-44.6%
Q4 24
-46.2%
7.4%
Q3 24
-29.7%
2.9%
Q2 24
-18.6%
4.6%
Q1 24
-43.7%
Capex Intensity
BYND
BYND
FLO
FLO
Q4 25
4.8%
2.0%
Q3 25
4.1%
2.5%
Q2 25
2.6%
1.6%
Q1 25
6.5%
Q4 24
8.4%
2.1%
Q3 24
2.5%
2.3%
Q2 24
1.4%
2.1%
Q1 24
1.6%
Cash Conversion
BYND
BYND
FLO
FLO
Q4 25
1.38×
Q3 25
2.24×
Q2 25
2.56×
Q1 25
Q4 24
1.75×
Q3 24
0.94×
Q2 24
1.44×
Q1 24

Financial Flow Comparison

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

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