vs

Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) and LandBridge Co LLC (LB). Click either name above to swap in a different company.

BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $56.8M, roughly 1.1× LandBridge Co LLC). On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs -19.7%). LandBridge Co LLC produced more free cash flow last quarter ($122.0M vs $-49.8M). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% 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.

BYND vs LB — Head-to-Head

Bigger by revenue
BYND
BYND
1.1× larger
BYND
$61.6M
$56.8M
LB
Growing faster (revenue YoY)
LB
LB
+75.2% gap
LB
55.6%
-19.7%
BYND
More free cash flow
LB
LB
$171.8M more FCF
LB
$122.0M
$-49.8M
BYND
Faster 2-yr revenue CAGR
LB
LB
Annualised
LB
72.8%
-9.7%
BYND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYND
BYND
LB
LB
Revenue
$61.6M
$56.8M
Net Profit
$8.1M
Gross Margin
-11.5%
Operating Margin
-211.4%
60.0%
Net Margin
14.2%
Revenue YoY
-19.7%
55.6%
Net Profit YoY
-83.7%
EPS (diluted)
$0.68
$0.24

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
LB
LB
Q4 25
$61.6M
$56.8M
Q3 25
$70.2M
$50.8M
Q2 25
$75.0M
$47.5M
Q1 25
$68.7M
$44.0M
Q4 24
$76.7M
$36.5M
Q3 24
$81.0M
$28.5M
Q2 24
$93.2M
$26.0M
Q1 24
$75.6M
$19.0M
Net Profit
BYND
BYND
LB
LB
Q4 25
$8.1M
Q3 25
$-110.7M
$8.1M
Q2 25
$-29.2M
$7.5M
Q1 25
$-52.9M
$6.5M
Q4 24
$49.3M
Q3 24
$-26.6M
$2.7M
Q2 24
$-34.5M
$-57.7M
Q1 24
$-54.4M
$10.8M
Gross Margin
BYND
BYND
LB
LB
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
LB
LB
Q4 25
-211.4%
60.0%
Q3 25
-160.0%
60.8%
Q2 25
-46.6%
60.0%
Q1 25
-81.8%
57.0%
Q4 24
-49.3%
49.4%
Q3 24
-38.2%
11.2%
Q2 24
-36.4%
-197.4%
Q1 24
-70.7%
71.1%
Net Margin
BYND
BYND
LB
LB
Q4 25
14.2%
Q3 25
-157.6%
15.9%
Q2 25
-39.0%
15.8%
Q1 25
-77.0%
14.7%
Q4 24
135.2%
Q3 24
-32.8%
9.3%
Q2 24
-37.0%
-222.1%
Q1 24
-71.9%
56.7%
EPS (diluted)
BYND
BYND
LB
LB
Q4 25
$0.68
$0.24
Q3 25
$-1.44
$0.26
Q2 25
$-0.38
$0.24
Q1 25
$-0.69
$0.20
Q4 24
$-0.65
Q3 24
$-0.41
$-0.04
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
LB
LB
Cash + ST InvestmentsLiquidity on hand
$203.9M
$30.7M
Total DebtLower is stronger
$415.7M
$570.7M
Stockholders' EquityBook value
$-997.0K
$340.3M
Total Assets
$614.7M
$1.4B
Debt / EquityLower = less leverage
1.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
LB
LB
Q4 25
$203.9M
$30.7M
Q3 25
$117.3M
$28.3M
Q2 25
$103.5M
$20.3M
Q1 25
$102.1M
$14.9M
Q4 24
$131.9M
$37.0M
Q3 24
$121.7M
$14.4M
Q2 24
$144.9M
$24.6M
Q1 24
$157.9M
Total Debt
BYND
BYND
LB
LB
Q4 25
$415.7M
$570.7M
Q3 25
$1.2B
$366.1M
Q2 25
$1.2B
$370.9M
Q1 25
$1.1B
$375.5M
Q4 24
$1.1B
$385.5M
Q3 24
$1.1B
$242.4M
Q2 24
$1.1B
$360.8M
Q1 24
$1.1B
Stockholders' Equity
BYND
BYND
LB
LB
Q4 25
$-997.0K
$340.3M
Q3 25
$-784.1M
$272.0M
Q2 25
$-677.0M
$266.4M
Q1 25
$-649.5M
$217.0M
Q4 24
$-601.2M
$211.8M
Q3 24
$-611.9M
$97.2M
Q2 24
$-590.0M
$296.4M
Q1 24
$-561.4M
$162.3M
Total Assets
BYND
BYND
LB
LB
Q4 25
$614.7M
$1.4B
Q3 25
$599.7M
$1.1B
Q2 25
$691.7M
$1.1B
Q1 25
$643.8M
$1.0B
Q4 24
$678.1M
$1.0B
Q3 24
$692.9M
$689.9M
Q2 24
$711.2M
$710.5M
Q1 24
$735.0M
Debt / Equity
BYND
BYND
LB
LB
Q4 25
1.68×
Q3 25
1.35×
Q2 25
1.39×
Q1 25
1.73×
Q4 24
1.82×
Q3 24
2.49×
Q2 24
1.22×
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
LB
LB
Operating Cash FlowLast quarter
$-46.8M
$126.3M
Free Cash FlowOCF − Capex
$-49.8M
$122.0M
FCF MarginFCF / Revenue
-80.8%
214.9%
Capex IntensityCapex / Revenue
4.8%
7.5%
Cash ConversionOCF / Net Profit
15.68×
TTM Free Cash FlowTrailing 4 quarters
$-157.2M
$207.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYND
BYND
LB
LB
Q4 25
$-46.8M
$126.3M
Q3 25
$-38.8M
$34.9M
Q2 25
$-33.2M
$37.3M
Q1 25
$-26.1M
$15.9M
Q4 24
$-29.0M
$67.6M
Q3 24
$-22.0M
$7.5M
Q2 24
$-16.0M
$16.0M
Q1 24
$-31.8M
$17.2M
Free Cash Flow
BYND
BYND
LB
LB
Q4 25
$-49.8M
$122.0M
Q3 25
$-41.7M
$33.7M
Q2 25
$-35.1M
$36.1M
Q1 25
$-30.6M
$15.8M
Q4 24
$-35.4M
$66.7M
Q3 24
$-24.1M
$7.1M
Q2 24
$-17.3M
$15.7M
Q1 24
$-33.0M
$17.1M
FCF Margin
BYND
BYND
LB
LB
Q4 25
-80.8%
214.9%
Q3 25
-59.4%
66.3%
Q2 25
-46.9%
75.9%
Q1 25
-44.6%
36.0%
Q4 24
-46.2%
182.6%
Q3 24
-29.7%
25.1%
Q2 24
-18.6%
60.4%
Q1 24
-43.7%
90.1%
Capex Intensity
BYND
BYND
LB
LB
Q4 25
4.8%
7.5%
Q3 25
4.1%
2.3%
Q2 25
2.6%
2.6%
Q1 25
6.5%
0.2%
Q4 24
8.4%
2.7%
Q3 24
2.5%
1.1%
Q2 24
1.4%
1.4%
Q1 24
1.6%
0.5%
Cash Conversion
BYND
BYND
LB
LB
Q4 25
15.68×
Q3 25
4.31×
Q2 25
4.98×
Q1 25
2.46×
Q4 24
1.37×
Q3 24
2.80×
Q2 24
Q1 24
1.60×

Financial Flow Comparison

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

Related Comparisons