vs

Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) and Midland States Bancorp, Inc. (MSBI). Click either name above to swap in a different company.

Midland States Bancorp, Inc. is the larger business by last-quarter revenue ($79.5M vs $61.6M, roughly 1.3× BEYOND MEAT, INC.). Over the past eight quarters, Midland States Bancorp, Inc.'s revenue compounded faster (-6.4% 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.

Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expa...

BYND vs MSBI — Head-to-Head

Bigger by revenue
MSBI
MSBI
1.3× larger
MSBI
$79.5M
$61.6M
BYND
Faster 2-yr revenue CAGR
MSBI
MSBI
Annualised
MSBI
-6.4%
-9.7%
BYND

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BYND
BYND
MSBI
MSBI
Revenue
$61.6M
$79.5M
Net Profit
$18.5M
Gross Margin
-11.5%
Operating Margin
-211.4%
Net Margin
23.2%
Revenue YoY
-19.7%
Net Profit YoY
739.3%
EPS (diluted)
$0.68
$0.74

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
MSBI
MSBI
Q1 26
$79.5M
Q4 25
$61.6M
$85.6M
Q3 25
$70.2M
$81.1M
Q2 25
$75.0M
$82.2M
Q1 25
$68.7M
$76.1M
Q4 24
$76.7M
$93.9M
Q3 24
$81.0M
$92.7M
Q2 24
$93.2M
$90.9M
Net Profit
BYND
BYND
MSBI
MSBI
Q1 26
$18.5M
Q4 25
$-2.9M
Q3 25
$-110.7M
$7.6M
Q2 25
$-29.2M
$12.0M
Q1 25
$-52.9M
$-141.0M
Q4 24
$-30.8M
Q3 24
$-26.6M
$20.4M
Q2 24
$-34.5M
$25.7M
Gross Margin
BYND
BYND
MSBI
MSBI
Q1 26
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%
Operating Margin
BYND
BYND
MSBI
MSBI
Q1 26
Q4 25
-211.4%
-5.5%
Q3 25
-160.0%
13.9%
Q2 25
-46.6%
18.1%
Q1 25
-81.8%
-181.2%
Q4 24
-49.3%
-66.5%
Q3 24
-38.2%
26.9%
Q2 24
-36.4%
35.0%
Net Margin
BYND
BYND
MSBI
MSBI
Q1 26
23.2%
Q4 25
-4.9%
Q3 25
-157.6%
9.3%
Q2 25
-39.0%
14.6%
Q1 25
-77.0%
-185.4%
Q4 24
-52.5%
Q3 24
-32.8%
22.1%
Q2 24
-37.0%
28.3%
EPS (diluted)
BYND
BYND
MSBI
MSBI
Q1 26
$0.74
Q4 25
$0.68
$-0.22
Q3 25
$-1.44
$0.24
Q2 25
$-0.38
$0.44
Q1 25
$-0.69
$-6.58
Q4 24
$-0.65
$-1.49
Q3 24
$-0.41
$0.83
Q2 24
$-0.53
$1.06

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
MSBI
MSBI
Cash + ST InvestmentsLiquidity on hand
$203.9M
$89.4M
Total DebtLower is stronger
$415.7M
$33.2M
Stockholders' EquityBook value
$-997.0K
$569.5M
Total Assets
$614.7M
$6.5B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
MSBI
MSBI
Q1 26
$89.4M
Q4 25
$203.9M
$127.8M
Q3 25
$117.3M
$166.1M
Q2 25
$103.5M
$176.6M
Q1 25
$102.1M
$102.0M
Q4 24
$131.9M
$114.8M
Q3 24
$121.7M
$121.9M
Q2 24
$144.9M
$124.6M
Total Debt
BYND
BYND
MSBI
MSBI
Q1 26
$33.2M
Q4 25
$415.7M
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
BYND
BYND
MSBI
MSBI
Q1 26
$569.5M
Q4 25
$-997.0K
$565.5M
Q3 25
$-784.1M
$584.0M
Q2 25
$-677.0M
$573.7M
Q1 25
$-649.5M
$571.4M
Q4 24
$-601.2M
$710.8M
Q3 24
$-611.9M
$771.2M
Q2 24
$-590.0M
$736.8M
Total Assets
BYND
BYND
MSBI
MSBI
Q1 26
$6.5B
Q4 25
$614.7M
$6.5B
Q3 25
$599.7M
$6.9B
Q2 25
$691.7M
$7.1B
Q1 25
$643.8M
$7.3B
Q4 24
$678.1M
$7.5B
Q3 24
$692.9M
$7.7B
Q2 24
$711.2M
$7.7B
Debt / Equity
BYND
BYND
MSBI
MSBI
Q1 26
0.06×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 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
MSBI
MSBI
Operating Cash FlowLast quarter
$-46.8M
Free Cash FlowOCF − Capex
$-49.8M
FCF MarginFCF / Revenue
-80.8%
Capex IntensityCapex / Revenue
4.8%
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
MSBI
MSBI
Q1 26
Q4 25
$-46.8M
$125.7M
Q3 25
$-38.8M
$80.0M
Q2 25
$-33.2M
$28.1M
Q1 25
$-26.1M
$24.7M
Q4 24
$-29.0M
$176.5M
Q3 24
$-22.0M
$46.5M
Q2 24
$-16.0M
$31.4M
Free Cash Flow
BYND
BYND
MSBI
MSBI
Q1 26
Q4 25
$-49.8M
$120.3M
Q3 25
$-41.7M
$78.6M
Q2 25
$-35.1M
$26.7M
Q1 25
$-30.6M
$22.9M
Q4 24
$-35.4M
$169.6M
Q3 24
$-24.1M
$44.4M
Q2 24
$-17.3M
$29.9M
FCF Margin
BYND
BYND
MSBI
MSBI
Q1 26
Q4 25
-80.8%
140.6%
Q3 25
-59.4%
96.9%
Q2 25
-46.9%
32.4%
Q1 25
-44.6%
30.1%
Q4 24
-46.2%
180.6%
Q3 24
-29.7%
47.9%
Q2 24
-18.6%
32.9%
Capex Intensity
BYND
BYND
MSBI
MSBI
Q1 26
Q4 25
4.8%
6.2%
Q3 25
4.1%
1.7%
Q2 25
2.6%
1.7%
Q1 25
6.5%
2.4%
Q4 24
8.4%
7.3%
Q3 24
2.5%
2.3%
Q2 24
1.4%
1.7%
Cash Conversion
BYND
BYND
MSBI
MSBI
Q1 26
Q4 25
Q3 25
10.58×
Q2 25
2.33×
Q1 25
Q4 24
Q3 24
2.28×
Q2 24
1.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BYND
BYND

Segment breakdown not available.

MSBI
MSBI

Net Interest Income$57.4M72%
Noninterest Income$22.1M28%

Related Comparisons