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

OneSpan Inc. is the larger business by last-quarter revenue ($65.9M vs $61.6M, roughly 1.1× BEYOND MEAT, INC.). On growth, OneSpan Inc. posted the faster year-over-year revenue change (4.1% vs -19.7%). Over the past eight quarters, OneSpan Inc.'s revenue compounded faster (4.0% 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.

OneSpan Inc. is an information security company based in Boston, Massachusetts. Services include an internet fraud prevention platform, multi-factor authentication tools and electronic signature software.

BYND vs OSPN — Head-to-Head

Bigger by revenue
OSPN
OSPN
1.1× larger
OSPN
$65.9M
$61.6M
BYND
Growing faster (revenue YoY)
OSPN
OSPN
+23.7% gap
OSPN
4.1%
-19.7%
BYND
Faster 2-yr revenue CAGR
OSPN
OSPN
Annualised
OSPN
4.0%
-9.7%
BYND

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BYND
BYND
OSPN
OSPN
Revenue
$61.6M
$65.9M
Net Profit
$11.6M
Gross Margin
-11.5%
73.6%
Operating Margin
-211.4%
22.5%
Net Margin
17.5%
Revenue YoY
-19.7%
4.1%
Net Profit YoY
EPS (diluted)
$0.68
$0.39

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
OSPN
OSPN
Q1 26
$65.9M
Q4 25
$61.6M
$62.9M
Q3 25
$70.2M
$57.1M
Q2 25
$75.0M
$59.8M
Q1 25
$68.7M
$63.4M
Q4 24
$76.7M
$61.2M
Q3 24
$81.0M
$56.2M
Q2 24
$93.2M
$60.9M
Net Profit
BYND
BYND
OSPN
OSPN
Q1 26
$11.6M
Q4 25
$43.5M
Q3 25
$-110.7M
$6.5M
Q2 25
$-29.2M
$8.3M
Q1 25
$-52.9M
$14.5M
Q4 24
$28.8M
Q3 24
$-26.6M
$8.3M
Q2 24
$-34.5M
$6.6M
Gross Margin
BYND
BYND
OSPN
OSPN
Q1 26
73.6%
Q4 25
-11.5%
73.6%
Q3 25
10.3%
73.6%
Q2 25
11.5%
73.5%
Q1 25
-1.5%
74.3%
Q4 24
13.1%
74.0%
Q3 24
17.7%
73.9%
Q2 24
14.7%
66.2%
Operating Margin
BYND
BYND
OSPN
OSPN
Q1 26
22.5%
Q4 25
-211.4%
19.9%
Q3 25
-160.0%
14.4%
Q2 25
-46.6%
17.6%
Q1 25
-81.8%
27.1%
Q4 24
-49.3%
19.3%
Q3 24
-38.2%
20.0%
Q2 24
-36.4%
12.5%
Net Margin
BYND
BYND
OSPN
OSPN
Q1 26
17.5%
Q4 25
69.2%
Q3 25
-157.6%
11.4%
Q2 25
-39.0%
13.9%
Q1 25
-77.0%
22.9%
Q4 24
47.1%
Q3 24
-32.8%
14.7%
Q2 24
-37.0%
10.8%
EPS (diluted)
BYND
BYND
OSPN
OSPN
Q1 26
$0.39
Q4 25
$0.68
$1.13
Q3 25
$-1.44
$0.17
Q2 25
$-0.38
$0.21
Q1 25
$-0.69
$0.37
Q4 24
$-0.65
$0.73
Q3 24
$-0.41
$0.21
Q2 24
$-0.53
$0.17

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
OSPN
OSPN
Cash + ST InvestmentsLiquidity on hand
$203.9M
$49.8M
Total DebtLower is stronger
$415.7M
Stockholders' EquityBook value
$-997.0K
$272.0M
Total Assets
$614.7M
$383.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
OSPN
OSPN
Q1 26
$49.8M
Q4 25
$203.9M
$70.5M
Q3 25
$117.3M
$85.6M
Q2 25
$103.5M
$92.9M
Q1 25
$102.1M
$105.2M
Q4 24
$131.9M
$83.2M
Q3 24
$121.7M
$77.5M
Q2 24
$144.9M
$63.8M
Total Debt
BYND
BYND
OSPN
OSPN
Q1 26
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
OSPN
OSPN
Q1 26
$272.0M
Q4 25
$-997.0K
$271.8M
Q3 25
$-784.1M
$238.3M
Q2 25
$-677.0M
$242.5M
Q1 25
$-649.5M
$231.1M
Q4 24
$-601.2M
$212.5M
Q3 24
$-611.9M
$194.6M
Q2 24
$-590.0M
$178.6M
Total Assets
BYND
BYND
OSPN
OSPN
Q1 26
$383.1M
Q4 25
$614.7M
$397.7M
Q3 25
$599.7M
$343.5M
Q2 25
$691.7M
$357.1M
Q1 25
$643.8M
$333.8M
Q4 24
$678.1M
$338.7M
Q3 24
$692.9M
$289.3M
Q2 24
$711.2M
$286.9M

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
OSPN
OSPN
Operating Cash FlowLast quarter
$-46.8M
$28.2M
Free Cash FlowOCF − Capex
$-49.8M
FCF MarginFCF / Revenue
-80.8%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$-157.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYND
BYND
OSPN
OSPN
Q1 26
$28.2M
Q4 25
$-46.8M
$12.6M
Q3 25
$-38.8M
$11.3M
Q2 25
$-33.2M
$6.2M
Q1 25
$-26.1M
$29.4M
Q4 24
$-29.0M
$12.4M
Q3 24
$-22.0M
$14.0M
Q2 24
$-16.0M
$2.3M
Free Cash Flow
BYND
BYND
OSPN
OSPN
Q1 26
Q4 25
$-49.8M
$9.6M
Q3 25
$-41.7M
$8.8M
Q2 25
$-35.1M
$4.4M
Q1 25
$-30.6M
$27.7M
Q4 24
$-35.4M
$10.5M
Q3 24
$-24.1M
$12.0M
Q2 24
$-17.3M
$26.0K
FCF Margin
BYND
BYND
OSPN
OSPN
Q1 26
Q4 25
-80.8%
15.3%
Q3 25
-59.4%
15.4%
Q2 25
-46.9%
7.3%
Q1 25
-44.6%
43.8%
Q4 24
-46.2%
17.1%
Q3 24
-29.7%
21.4%
Q2 24
-18.6%
0.0%
Capex Intensity
BYND
BYND
OSPN
OSPN
Q1 26
Q4 25
4.8%
4.7%
Q3 25
4.1%
4.4%
Q2 25
2.6%
3.1%
Q1 25
6.5%
2.6%
Q4 24
8.4%
3.2%
Q3 24
2.5%
3.5%
Q2 24
1.4%
3.7%
Cash Conversion
BYND
BYND
OSPN
OSPN
Q1 26
2.44×
Q4 25
0.29×
Q3 25
1.74×
Q2 25
0.75×
Q1 25
2.02×
Q4 24
0.43×
Q3 24
1.69×
Q2 24
0.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BYND
BYND

Segment breakdown not available.

OSPN
OSPN

Product and license$35.5M54%
Services and other$30.4M46%

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