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

BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $47.7M, roughly 1.3× IRONWOOD PHARMACEUTICALS INC). On growth, BEYOND MEAT, INC. posted the faster year-over-year revenue change (-19.7% vs -47.3%). IRONWOOD PHARMACEUTICALS INC produced more free cash flow last quarter ($74.6M vs $-49.8M). Over the past eight quarters, BEYOND MEAT, INC.'s revenue compounded faster (-9.7% CAGR vs -20.2%).

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.

Ironwood Pharmaceuticals, Inc. is a publicly traded pharmaceutical company. It was originally called Microbia, Inc.

BYND vs IRWD — Head-to-Head

Bigger by revenue
BYND
BYND
1.3× larger
BYND
$61.6M
$47.7M
IRWD
Growing faster (revenue YoY)
BYND
BYND
+27.7% gap
BYND
-19.7%
-47.3%
IRWD
More free cash flow
IRWD
IRWD
$124.3M more FCF
IRWD
$74.6M
$-49.8M
BYND
Faster 2-yr revenue CAGR
BYND
BYND
Annualised
BYND
-9.7%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYND
BYND
IRWD
IRWD
Revenue
$61.6M
$47.7M
Net Profit
$-2.3M
Gross Margin
-11.5%
Operating Margin
-211.4%
14.3%
Net Margin
-4.8%
Revenue YoY
-19.7%
-47.3%
Net Profit YoY
-200.9%
EPS (diluted)
$0.68
$0.01

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
IRWD
IRWD
Q4 25
$61.6M
$47.7M
Q3 25
$70.2M
$122.1M
Q2 25
$75.0M
$85.2M
Q1 25
$68.7M
$41.1M
Q4 24
$76.7M
$90.5M
Q3 24
$81.0M
$91.6M
Q2 24
$93.2M
$94.4M
Q1 24
$75.6M
$74.9M
Net Profit
BYND
BYND
IRWD
IRWD
Q4 25
$-2.3M
Q3 25
$-110.7M
$40.1M
Q2 25
$-29.2M
$23.6M
Q1 25
$-52.9M
$-37.4M
Q4 24
$2.3M
Q3 24
$-26.6M
$3.6M
Q2 24
$-34.5M
$-860.0K
Q1 24
$-54.4M
$-4.2M
Gross Margin
BYND
BYND
IRWD
IRWD
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
IRWD
IRWD
Q4 25
-211.4%
14.3%
Q3 25
-160.0%
61.8%
Q2 25
-46.6%
53.2%
Q1 25
-81.8%
-70.7%
Q4 24
-49.3%
34.8%
Q3 24
-38.2%
28.0%
Q2 24
-36.4%
26.5%
Q1 24
-70.7%
14.7%
Net Margin
BYND
BYND
IRWD
IRWD
Q4 25
-4.8%
Q3 25
-157.6%
32.8%
Q2 25
-39.0%
27.7%
Q1 25
-77.0%
-90.9%
Q4 24
2.5%
Q3 24
-32.8%
4.0%
Q2 24
-37.0%
-0.9%
Q1 24
-71.9%
-5.6%
EPS (diluted)
BYND
BYND
IRWD
IRWD
Q4 25
$0.68
$0.01
Q3 25
$-1.44
$0.23
Q2 25
$-0.38
$0.14
Q1 25
$-0.69
$-0.23
Q4 24
$-0.65
$0.03
Q3 24
$-0.41
$0.02
Q2 24
$-0.53
$-0.01
Q1 24
$-0.84
$-0.03

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
IRWD
IRWD
Cash + ST InvestmentsLiquidity on hand
$203.9M
$215.5M
Total DebtLower is stronger
$415.7M
Stockholders' EquityBook value
$-997.0K
$-261.8M
Total Assets
$614.7M
$396.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
IRWD
IRWD
Q4 25
$203.9M
$215.5M
Q3 25
$117.3M
$140.4M
Q2 25
$103.5M
$92.9M
Q1 25
$102.1M
$108.5M
Q4 24
$131.9M
$88.6M
Q3 24
$121.7M
$88.2M
Q2 24
$144.9M
$105.5M
Q1 24
$157.9M
$121.5M
Total Debt
BYND
BYND
IRWD
IRWD
Q4 25
$415.7M
Q3 25
$1.2B
$199.5M
Q2 25
$1.2B
$199.3M
Q1 25
$1.1B
$199.2M
Q4 24
$1.1B
$199.0M
Q3 24
$1.1B
$198.8M
Q2 24
$1.1B
$198.6M
Q1 24
$1.1B
$398.3M
Stockholders' Equity
BYND
BYND
IRWD
IRWD
Q4 25
$-997.0K
$-261.8M
Q3 25
$-784.1M
$-264.2M
Q2 25
$-677.0M
$-308.2M
Q1 25
$-649.5M
$-334.1M
Q4 24
$-601.2M
$-301.3M
Q3 24
$-611.9M
$-311.3M
Q2 24
$-590.0M
$-321.7M
Q1 24
$-561.4M
$-330.5M
Total Assets
BYND
BYND
IRWD
IRWD
Q4 25
$614.7M
$396.9M
Q3 25
$599.7M
$396.1M
Q2 25
$691.7M
$342.9M
Q1 25
$643.8M
$327.2M
Q4 24
$678.1M
$350.9M
Q3 24
$692.9M
$389.5M
Q2 24
$711.2M
$395.6M
Q1 24
$735.0M
$438.8M

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
IRWD
IRWD
Operating Cash FlowLast quarter
$-46.8M
$74.6M
Free Cash FlowOCF − Capex
$-49.8M
$74.6M
FCF MarginFCF / Revenue
-80.8%
156.3%
Capex IntensityCapex / Revenue
4.8%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-157.2M
$127.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYND
BYND
IRWD
IRWD
Q4 25
$-46.8M
$74.6M
Q3 25
$-38.8M
$47.6M
Q2 25
$-33.2M
$-15.1M
Q1 25
$-26.1M
$20.0M
Q4 24
$-29.0M
$15.2M
Q3 24
$-22.0M
$9.9M
Q2 24
$-16.0M
$33.5M
Q1 24
$-31.8M
$45.0M
Free Cash Flow
BYND
BYND
IRWD
IRWD
Q4 25
$-49.8M
$74.6M
Q3 25
$-41.7M
$47.6M
Q2 25
$-35.1M
$-15.1M
Q1 25
$-30.6M
$19.9M
Q4 24
$-35.4M
Q3 24
$-24.1M
$9.9M
Q2 24
$-17.3M
$33.4M
Q1 24
$-33.0M
$44.9M
FCF Margin
BYND
BYND
IRWD
IRWD
Q4 25
-80.8%
156.3%
Q3 25
-59.4%
39.0%
Q2 25
-46.9%
-17.7%
Q1 25
-44.6%
48.4%
Q4 24
-46.2%
Q3 24
-29.7%
10.8%
Q2 24
-18.6%
35.4%
Q1 24
-43.7%
60.0%
Capex Intensity
BYND
BYND
IRWD
IRWD
Q4 25
4.8%
0.0%
Q3 25
4.1%
0.0%
Q2 25
2.6%
0.0%
Q1 25
6.5%
0.1%
Q4 24
8.4%
0.0%
Q3 24
2.5%
0.0%
Q2 24
1.4%
0.1%
Q1 24
1.6%
0.1%
Cash Conversion
BYND
BYND
IRWD
IRWD
Q4 25
Q3 25
1.19×
Q2 25
-0.64×
Q1 25
Q4 24
6.74×
Q3 24
2.71×
Q2 24
Q1 24

Financial Flow Comparison

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

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