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Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) and Neptune Insurance Holdings Inc. (NP). Click either name above to swap in a different company.

BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $37.8M, roughly 1.6× Neptune Insurance Holdings Inc.). On growth, Neptune Insurance Holdings Inc. posted the faster year-over-year revenue change (28.8% vs -19.7%).

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.

Neptune Insurance Holdings Inc. is a specialty insurance holding company that offers a broad portfolio of property and casualty insurance products, with a core focus on residential and commercial flood insurance for customers across the United States. It serves both individual consumers and small to mid-sized business clients, using advanced data analytics to support accurate policy pricing and robust risk management.

BYND vs NP — Head-to-Head

Bigger by revenue
BYND
BYND
1.6× larger
BYND
$61.6M
$37.8M
NP
Growing faster (revenue YoY)
NP
NP
+48.4% gap
NP
28.8%
-19.7%
BYND

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BYND
BYND
NP
NP
Revenue
$61.6M
$37.8M
Net Profit
$50.0K
Gross Margin
-11.5%
Operating Margin
-211.4%
Net Margin
0.1%
Revenue YoY
-19.7%
28.8%
Net Profit YoY
0.0%
EPS (diluted)
$0.68
$0.05

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
NP
NP
Q1 26
$37.8M
Q4 25
$61.6M
Q3 25
$70.2M
$44.4M
Q2 25
$75.0M
Q1 25
$68.7M
Q4 24
$76.7M
Q3 24
$81.0M
$33.8M
Q2 24
$93.2M
Net Profit
BYND
BYND
NP
NP
Q1 26
$50.0K
Q4 25
Q3 25
$-110.7M
$11.5M
Q2 25
$-29.2M
Q1 25
$-52.9M
Q4 24
Q3 24
$-26.6M
$12.1M
Q2 24
$-34.5M
Gross Margin
BYND
BYND
NP
NP
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
NP
NP
Q1 26
Q4 25
-211.4%
Q3 25
-160.0%
46.7%
Q2 25
-46.6%
Q1 25
-81.8%
Q4 24
-49.3%
Q3 24
-38.2%
58.6%
Q2 24
-36.4%
Net Margin
BYND
BYND
NP
NP
Q1 26
0.1%
Q4 25
Q3 25
-157.6%
25.9%
Q2 25
-39.0%
Q1 25
-77.0%
Q4 24
Q3 24
-32.8%
35.8%
Q2 24
-37.0%
EPS (diluted)
BYND
BYND
NP
NP
Q1 26
$0.05
Q4 25
$0.68
Q3 25
$-1.44
$0.06
Q2 25
$-0.38
Q1 25
$-0.69
Q4 24
$-0.65
Q3 24
$-0.41
$0.06
Q2 24
$-0.53

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
NP
NP
Q1 26
Q4 25
$203.9M
Q3 25
$117.3M
$12.2M
Q2 25
$103.5M
Q1 25
$102.1M
Q4 24
$131.9M
Q3 24
$121.7M
Q2 24
$144.9M
Total Debt
BYND
BYND
NP
NP
Q1 26
Q4 25
$415.7M
Q3 25
$1.2B
$247.6M
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
BYND
BYND
NP
NP
Q1 26
Q4 25
$-997.0K
Q3 25
$-784.1M
$-509.5M
Q2 25
$-677.0M
Q1 25
$-649.5M
Q4 24
$-601.2M
Q3 24
$-611.9M
$-374.3M
Q2 24
$-590.0M
Total Assets
BYND
BYND
NP
NP
Q1 26
Q4 25
$614.7M
Q3 25
$599.7M
$89.6M
Q2 25
$691.7M
Q1 25
$643.8M
Q4 24
$678.1M
Q3 24
$692.9M
Q2 24
$711.2M

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
NP
NP
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
NP
NP
Q1 26
Q4 25
$-46.8M
Q3 25
$-38.8M
$38.9M
Q2 25
$-33.2M
Q1 25
$-26.1M
Q4 24
$-29.0M
Q3 24
$-22.0M
Q2 24
$-16.0M
Free Cash Flow
BYND
BYND
NP
NP
Q1 26
Q4 25
$-49.8M
Q3 25
$-41.7M
Q2 25
$-35.1M
Q1 25
$-30.6M
Q4 24
$-35.4M
Q3 24
$-24.1M
Q2 24
$-17.3M
FCF Margin
BYND
BYND
NP
NP
Q1 26
Q4 25
-80.8%
Q3 25
-59.4%
Q2 25
-46.9%
Q1 25
-44.6%
Q4 24
-46.2%
Q3 24
-29.7%
Q2 24
-18.6%
Capex Intensity
BYND
BYND
NP
NP
Q1 26
Q4 25
4.8%
Q3 25
4.1%
Q2 25
2.6%
Q1 25
6.5%
Q4 24
8.4%
Q3 24
2.5%
Q2 24
1.4%
Cash Conversion
BYND
BYND
NP
NP
Q1 26
Q4 25
Q3 25
3.38×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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