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Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) and SmartRent, Inc. (SMRT). Click either name above to swap in a different company.
BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $36.5M, roughly 1.7× SmartRent, Inc.). On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs -19.7%). SmartRent, Inc. produced more free cash flow last quarter ($7.7M vs $-49.8M). Over the past eight quarters, BEYOND MEAT, INC.'s revenue compounded faster (-9.7% CAGR vs -15.0%).
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.
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey.
BYND vs SMRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $61.6M | $36.5M |
| Net Profit | — | $-3.2M |
| Gross Margin | -11.5% | 38.6% |
| Operating Margin | -211.4% | -10.9% |
| Net Margin | — | -8.9% |
| Revenue YoY | -19.7% | 3.1% |
| Net Profit YoY | — | 71.6% |
| EPS (diluted) | $0.68 | $-0.02 |
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.
| Q4 25 | $61.6M | $36.5M | ||
| Q3 25 | $70.2M | $36.2M | ||
| Q2 25 | $75.0M | $38.3M | ||
| Q1 25 | $68.7M | $41.3M | ||
| Q4 24 | $76.7M | $35.4M | ||
| Q3 24 | $81.0M | $40.5M | ||
| Q2 24 | $93.2M | $48.5M | ||
| Q1 24 | $75.6M | $50.5M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $-110.7M | $-6.3M | ||
| Q2 25 | $-29.2M | $-10.9M | ||
| Q1 25 | $-52.9M | $-40.2M | ||
| Q4 24 | — | $-11.4M | ||
| Q3 24 | $-26.6M | $-9.9M | ||
| Q2 24 | $-34.5M | $-4.6M | ||
| Q1 24 | $-54.4M | $-7.7M |
| Q4 25 | -11.5% | 38.6% | ||
| Q3 25 | 10.3% | 26.4% | ||
| Q2 25 | 11.5% | 33.1% | ||
| Q1 25 | -1.5% | 32.8% | ||
| Q4 24 | 13.1% | 28.7% | ||
| Q3 24 | 17.7% | 33.2% | ||
| Q2 24 | 14.7% | 35.7% | ||
| Q1 24 | 4.9% | 38.5% |
| Q4 25 | -211.4% | -10.9% | ||
| Q3 25 | -160.0% | -19.4% | ||
| Q2 25 | -46.6% | -30.5% | ||
| Q1 25 | -81.8% | -99.9% | ||
| Q4 24 | -49.3% | -36.6% | ||
| Q3 24 | -38.2% | -29.0% | ||
| Q2 24 | -36.4% | -14.3% | ||
| Q1 24 | -70.7% | -20.1% |
| Q4 25 | — | -8.9% | ||
| Q3 25 | -157.6% | -17.3% | ||
| Q2 25 | -39.0% | -28.3% | ||
| Q1 25 | -77.0% | -97.2% | ||
| Q4 24 | — | -32.3% | ||
| Q3 24 | -32.8% | -24.5% | ||
| Q2 24 | -37.0% | -9.5% | ||
| Q1 24 | -71.9% | -15.2% |
| Q4 25 | $0.68 | $-0.02 | ||
| Q3 25 | $-1.44 | $-0.03 | ||
| Q2 25 | $-0.38 | $-0.06 | ||
| Q1 25 | $-0.69 | $-0.21 | ||
| Q4 24 | $-0.65 | $-0.06 | ||
| Q3 24 | $-0.41 | $-0.05 | ||
| Q2 24 | $-0.53 | $-0.02 | ||
| Q1 24 | $-0.84 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $203.9M | $104.5M |
| Total DebtLower is stronger | $415.7M | — |
| Stockholders' EquityBook value | $-997.0K | $232.1M |
| Total Assets | $614.7M | $320.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.9M | $104.5M | ||
| Q3 25 | $117.3M | $100.0M | ||
| Q2 25 | $103.5M | $105.0M | ||
| Q1 25 | $102.1M | $125.6M | ||
| Q4 24 | $131.9M | $142.5M | ||
| Q3 24 | $121.7M | $163.4M | ||
| Q2 24 | $144.9M | $187.4M | ||
| Q1 24 | $157.9M | $204.7M |
| 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 | — | ||
| Q1 24 | $1.1B | — |
| Q4 25 | $-997.0K | $232.1M | ||
| Q3 25 | $-784.1M | $234.4M | ||
| Q2 25 | $-677.0M | $238.8M | ||
| Q1 25 | $-649.5M | $250.7M | ||
| Q4 24 | $-601.2M | $289.4M | ||
| Q3 24 | $-611.9M | $305.1M | ||
| Q2 24 | $-590.0M | $329.4M | ||
| Q1 24 | $-561.4M | $333.1M |
| Q4 25 | $614.7M | $320.9M | ||
| Q3 25 | $599.7M | $335.8M | ||
| Q2 25 | $691.7M | $354.0M | ||
| Q1 25 | $643.8M | $366.1M | ||
| Q4 24 | $678.1M | $420.2M | ||
| Q3 24 | $692.9M | $448.6M | ||
| Q2 24 | $711.2M | $475.3M | ||
| Q1 24 | $735.0M | $485.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-46.8M | $7.7M |
| Free Cash FlowOCF − Capex | $-49.8M | $7.7M |
| FCF MarginFCF / Revenue | -80.8% | 21.0% |
| Capex IntensityCapex / Revenue | 4.8% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-157.2M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-46.8M | $7.7M | ||
| Q3 25 | $-38.8M | $-2.1M | ||
| Q2 25 | $-33.2M | $-14.9M | ||
| Q1 25 | $-26.1M | $-12.2M | ||
| Q4 24 | $-29.0M | $-12.0M | ||
| Q3 24 | $-22.0M | $-3.7M | ||
| Q2 24 | $-16.0M | $-13.9M | ||
| Q1 24 | $-31.8M | $-3.3M |
| Q4 25 | $-49.8M | $7.7M | ||
| Q3 25 | $-41.7M | $-2.2M | ||
| Q2 25 | $-35.1M | $-16.2M | ||
| Q1 25 | $-30.6M | $-14.3M | ||
| Q4 24 | $-35.4M | $-13.3M | ||
| Q3 24 | $-24.1M | $-3.9M | ||
| Q2 24 | $-17.3M | $-14.1M | ||
| Q1 24 | $-33.0M | $-3.4M |
| Q4 25 | -80.8% | 21.0% | ||
| Q3 25 | -59.4% | -6.1% | ||
| Q2 25 | -46.9% | -42.3% | ||
| Q1 25 | -44.6% | -34.7% | ||
| Q4 24 | -46.2% | -37.5% | ||
| Q3 24 | -29.7% | -9.7% | ||
| Q2 24 | -18.6% | -29.1% | ||
| Q1 24 | -43.7% | -6.7% |
| Q4 25 | 4.8% | 0.0% | ||
| Q3 25 | 4.1% | 0.2% | ||
| Q2 25 | 2.6% | 3.3% | ||
| Q1 25 | 6.5% | 5.3% | ||
| Q4 24 | 8.4% | 3.5% | ||
| Q3 24 | 2.5% | 0.6% | ||
| Q2 24 | 1.4% | 0.5% | ||
| Q1 24 | 1.6% | 0.1% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BYND
Segment breakdown not available.
SMRT
| Hosted Services | $18.1M | 50% |
| Hardware Service | $12.5M | 34% |
| Smart Operations Solutions | $2.6M | 7% |
| Access Control | $2.0M | 5% |
| Other Smart Communities Solutions | $1.3M | 3% |