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Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) and i3 Verticals, Inc. (IIIV). Click either name above to swap in a different company.

BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $52.7M, roughly 1.2× i3 Verticals, Inc.). On growth, i3 Verticals, Inc. posted the faster year-over-year revenue change (-14.6% vs -19.7%). i3 Verticals, Inc. produced more free cash flow last quarter ($13.8M vs $-49.8M). Over the past eight quarters, i3 Verticals, Inc.'s revenue compounded faster (-4.7% 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.

The Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

BYND vs IIIV — Head-to-Head

Bigger by revenue
BYND
BYND
1.2× larger
BYND
$61.6M
$52.7M
IIIV
Growing faster (revenue YoY)
IIIV
IIIV
+5.0% gap
IIIV
-14.6%
-19.7%
BYND
More free cash flow
IIIV
IIIV
$63.6M more FCF
IIIV
$13.8M
$-49.8M
BYND
Faster 2-yr revenue CAGR
IIIV
IIIV
Annualised
IIIV
-4.7%
-9.7%
BYND

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BYND
BYND
IIIV
IIIV
Revenue
$61.6M
$52.7M
Net Profit
$484.0K
Gross Margin
-11.5%
Operating Margin
-211.4%
3.1%
Net Margin
0.9%
Revenue YoY
-19.7%
-14.6%
Net Profit YoY
-76.5%
EPS (diluted)
$0.68
$0.02

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
IIIV
IIIV
Q4 25
$61.6M
$52.7M
Q3 25
$70.2M
$46.0M
Q2 25
$75.0M
$51.9M
Q1 25
$68.7M
$63.1M
Q4 24
$76.7M
$52.2M
Q3 24
$81.0M
$32.0M
Q2 24
$93.2M
$46.2M
Q1 24
$75.6M
$58.0M
Net Profit
BYND
BYND
IIIV
IIIV
Q4 25
$484.0K
Q3 25
$-110.7M
$3.1M
Q2 25
$-29.2M
$12.9M
Q1 25
$-52.9M
$-154.0K
Q4 24
$2.1M
Q3 24
$-26.6M
$117.9M
Q2 24
$-34.5M
$-7.5M
Q1 24
$-54.4M
$1.9M
Gross Margin
BYND
BYND
IIIV
IIIV
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
IIIV
IIIV
Q4 25
-211.4%
3.1%
Q3 25
-160.0%
3.2%
Q2 25
-46.6%
-9.3%
Q1 25
-81.8%
8.0%
Q4 24
-49.3%
3.9%
Q3 24
-38.2%
10.6%
Q2 24
-36.4%
-2.8%
Q1 24
-70.7%
3.4%
Net Margin
BYND
BYND
IIIV
IIIV
Q4 25
0.9%
Q3 25
-157.6%
6.7%
Q2 25
-39.0%
24.8%
Q1 25
-77.0%
-0.2%
Q4 24
3.9%
Q3 24
-32.8%
368.2%
Q2 24
-37.0%
-16.3%
Q1 24
-71.9%
3.2%
EPS (diluted)
BYND
BYND
IIIV
IIIV
Q4 25
$0.68
$0.02
Q3 25
$-1.44
$0.14
Q2 25
$-0.38
$0.50
Q1 25
$-0.69
$0.00
Q4 24
$-0.65
$0.08
Q3 24
$-0.41
$4.93
Q2 24
$-0.53
$-0.32
Q1 24
$-0.84
$0.08

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$203.9M
$37.5M
Total DebtLower is stronger
$415.7M
Stockholders' EquityBook value
$-997.0K
$358.5M
Total Assets
$614.7M
$595.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
IIIV
IIIV
Q4 25
$203.9M
$37.5M
Q3 25
$117.3M
$66.7M
Q2 25
$103.5M
$55.5M
Q1 25
$102.1M
$7.7M
Q4 24
$131.9M
$85.6M
Q3 24
$121.7M
$86.5M
Q2 24
$144.9M
$9.7M
Q1 24
$157.9M
$3.1M
Total Debt
BYND
BYND
IIIV
IIIV
Q4 25
$415.7M
Q3 25
$1.2B
$0
Q2 25
$1.2B
$0
Q1 25
$1.1B
$12.0M
Q4 24
$1.1B
$26.2M
Q3 24
$1.1B
$26.2M
Q2 24
$1.1B
$374.1M
Q1 24
$1.1B
$369.6M
Stockholders' Equity
BYND
BYND
IIIV
IIIV
Q4 25
$-997.0K
$358.5M
Q3 25
$-784.1M
$389.6M
Q2 25
$-677.0M
$383.3M
Q1 25
$-649.5M
$385.2M
Q4 24
$-601.2M
$375.0M
Q3 24
$-611.9M
$379.7M
Q2 24
$-590.0M
$249.7M
Q1 24
$-561.4M
$249.3M
Total Assets
BYND
BYND
IIIV
IIIV
Q4 25
$614.7M
$595.9M
Q3 25
$599.7M
$638.4M
Q2 25
$691.7M
$623.3M
Q1 25
$643.8M
$646.4M
Q4 24
$678.1M
$726.2M
Q3 24
$692.9M
$730.7M
Q2 24
$711.2M
$861.7M
Q1 24
$735.0M
$625.8M
Debt / Equity
BYND
BYND
IIIV
IIIV
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.03×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
1.50×
Q1 24
1.48×

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
IIIV
IIIV
Operating Cash FlowLast quarter
$-46.8M
$14.1M
Free Cash FlowOCF − Capex
$-49.8M
$13.8M
FCF MarginFCF / Revenue
-80.8%
26.2%
Capex IntensityCapex / Revenue
4.8%
0.6%
Cash ConversionOCF / Net Profit
29.18×
TTM Free Cash FlowTrailing 4 quarters
$-157.2M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYND
BYND
IIIV
IIIV
Q4 25
$-46.8M
$14.1M
Q3 25
$-38.8M
$14.0M
Q2 25
$-33.2M
$7.4M
Q1 25
$-26.1M
$-27.1M
Q4 24
$-29.0M
$11.5M
Q3 24
$-22.0M
$15.1M
Q2 24
$-16.0M
$8.1M
Q1 24
$-31.8M
$10.7M
Free Cash Flow
BYND
BYND
IIIV
IIIV
Q4 25
$-49.8M
$13.8M
Q3 25
$-41.7M
$13.5M
Q2 25
$-35.1M
$6.8M
Q1 25
$-30.6M
$-27.6M
Q4 24
$-35.4M
$11.0M
Q3 24
$-24.1M
$14.6M
Q2 24
$-17.3M
$7.2M
Q1 24
$-33.0M
$9.9M
FCF Margin
BYND
BYND
IIIV
IIIV
Q4 25
-80.8%
26.2%
Q3 25
-59.4%
29.5%
Q2 25
-46.9%
13.1%
Q1 25
-44.6%
-43.8%
Q4 24
-46.2%
21.1%
Q3 24
-29.7%
45.6%
Q2 24
-18.6%
15.6%
Q1 24
-43.7%
17.1%
Capex Intensity
BYND
BYND
IIIV
IIIV
Q4 25
4.8%
0.6%
Q3 25
4.1%
0.9%
Q2 25
2.6%
1.0%
Q1 25
6.5%
0.8%
Q4 24
8.4%
0.9%
Q3 24
2.5%
1.7%
Q2 24
1.4%
1.9%
Q1 24
1.6%
1.4%
Cash Conversion
BYND
BYND
IIIV
IIIV
Q4 25
29.18×
Q3 25
4.52×
Q2 25
0.57×
Q1 25
Q4 24
5.59×
Q3 24
0.13×
Q2 24
Q1 24
5.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BYND
BYND

Segment breakdown not available.

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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