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Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) and GCL Global Holdings Ltd (GCL). Click either name above to swap in a different company.

GCL Global Holdings Ltd is the larger business by last-quarter revenue ($98.7M vs $61.6M, roughly 1.6× BEYOND MEAT, INC.). GCL Global Holdings Ltd produced more free cash flow last quarter ($-5.2M vs $-49.8M).

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.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

BYND vs GCL — Head-to-Head

Bigger by revenue
GCL
GCL
1.6× larger
GCL
$98.7M
$61.6M
BYND
More free cash flow
GCL
GCL
$44.5M more FCF
GCL
$-5.2M
$-49.8M
BYND

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BYND
BYND
GCL
GCL
Revenue
$61.6M
$98.7M
Net Profit
$-5.1M
Gross Margin
-11.5%
11.0%
Operating Margin
-211.4%
-6.7%
Net Margin
-5.2%
Revenue YoY
-19.7%
Net Profit YoY
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
GCL
GCL
Q4 25
$61.6M
Q3 25
$70.2M
$98.7M
Q2 25
$75.0M
$142.1M
Q1 25
$68.7M
Q4 24
$76.7M
Q3 24
$81.0M
$36.1M
Q2 24
$93.2M
Q1 24
$75.6M
Net Profit
BYND
BYND
GCL
GCL
Q4 25
Q3 25
$-110.7M
$-5.1M
Q2 25
$-29.2M
$5.6M
Q1 25
$-52.9M
Q4 24
Q3 24
$-26.6M
$-1.9M
Q2 24
$-34.5M
Q1 24
$-54.4M
Gross Margin
BYND
BYND
GCL
GCL
Q4 25
-11.5%
Q3 25
10.3%
11.0%
Q2 25
11.5%
15.0%
Q1 25
-1.5%
Q4 24
13.1%
Q3 24
17.7%
16.2%
Q2 24
14.7%
Q1 24
4.9%
Operating Margin
BYND
BYND
GCL
GCL
Q4 25
-211.4%
Q3 25
-160.0%
-6.7%
Q2 25
-46.6%
2.3%
Q1 25
-81.8%
Q4 24
-49.3%
Q3 24
-38.2%
-5.6%
Q2 24
-36.4%
Q1 24
-70.7%
Net Margin
BYND
BYND
GCL
GCL
Q4 25
Q3 25
-157.6%
-5.2%
Q2 25
-39.0%
3.9%
Q1 25
-77.0%
Q4 24
Q3 24
-32.8%
-5.2%
Q2 24
-37.0%
Q1 24
-71.9%
EPS (diluted)
BYND
BYND
GCL
GCL
Q4 25
$0.68
Q3 25
$-1.44
$-0.04
Q2 25
$-0.38
$0.05
Q1 25
$-0.69
Q4 24
$-0.65
Q3 24
$-0.41
Q2 24
$-0.53
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
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$203.9M
$16.6M
Total DebtLower is stronger
$415.7M
$52.0M
Stockholders' EquityBook value
$-997.0K
$33.1M
Total Assets
$614.7M
$159.9M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
GCL
GCL
Q4 25
$203.9M
Q3 25
$117.3M
$16.6M
Q2 25
$103.5M
$18.2M
Q1 25
$102.1M
Q4 24
$131.9M
Q3 24
$121.7M
$2.7M
Q2 24
$144.9M
Q1 24
$157.9M
Total Debt
BYND
BYND
GCL
GCL
Q4 25
$415.7M
Q3 25
$1.2B
$52.0M
Q2 25
$1.2B
$11.9M
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Stockholders' Equity
BYND
BYND
GCL
GCL
Q4 25
$-997.0K
Q3 25
$-784.1M
$33.1M
Q2 25
$-677.0M
$35.9M
Q1 25
$-649.5M
Q4 24
$-601.2M
Q3 24
$-611.9M
$15.9M
Q2 24
$-590.0M
Q1 24
$-561.4M
Total Assets
BYND
BYND
GCL
GCL
Q4 25
$614.7M
Q3 25
$599.7M
$159.9M
Q2 25
$691.7M
$101.6M
Q1 25
$643.8M
Q4 24
$678.1M
Q3 24
$692.9M
$49.6M
Q2 24
$711.2M
Q1 24
$735.0M
Debt / Equity
BYND
BYND
GCL
GCL
Q4 25
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
Q3 24
Q2 24
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
GCL
GCL
Operating Cash FlowLast quarter
$-46.8M
$-4.8M
Free Cash FlowOCF − Capex
$-49.8M
$-5.2M
FCF MarginFCF / Revenue
-80.8%
-5.3%
Capex IntensityCapex / Revenue
4.8%
0.4%
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
GCL
GCL
Q4 25
$-46.8M
Q3 25
$-38.8M
$-4.8M
Q2 25
$-33.2M
$-10.3M
Q1 25
$-26.1M
Q4 24
$-29.0M
Q3 24
$-22.0M
$6.1M
Q2 24
$-16.0M
Q1 24
$-31.8M
Free Cash Flow
BYND
BYND
GCL
GCL
Q4 25
$-49.8M
Q3 25
$-41.7M
$-5.2M
Q2 25
$-35.1M
$-10.5M
Q1 25
$-30.6M
Q4 24
$-35.4M
Q3 24
$-24.1M
Q2 24
$-17.3M
Q1 24
$-33.0M
FCF Margin
BYND
BYND
GCL
GCL
Q4 25
-80.8%
Q3 25
-59.4%
-5.3%
Q2 25
-46.9%
-7.4%
Q1 25
-44.6%
Q4 24
-46.2%
Q3 24
-29.7%
Q2 24
-18.6%
Q1 24
-43.7%
Capex Intensity
BYND
BYND
GCL
GCL
Q4 25
4.8%
Q3 25
4.1%
0.4%
Q2 25
2.6%
0.1%
Q1 25
6.5%
Q4 24
8.4%
Q3 24
2.5%
Q2 24
1.4%
Q1 24
1.6%
Cash Conversion
BYND
BYND
GCL
GCL
Q4 25
Q3 25
Q2 25
-1.84×
Q1 25
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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