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

BEYOND MEAT, INC. is the larger business by last-quarter revenue ($61.6M vs $47.1M, roughly 1.3× STEM, INC.). On growth, STEM, INC. posted the faster year-over-year revenue change (-15.6% vs -19.7%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% 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.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

BYND vs STEM — Head-to-Head

Bigger by revenue
BYND
BYND
1.3× larger
BYND
$61.6M
$47.1M
STEM
Growing faster (revenue YoY)
STEM
STEM
+4.1% gap
STEM
-15.6%
-19.7%
BYND
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
-9.7%
BYND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYND
BYND
STEM
STEM
Revenue
$61.6M
$47.1M
Net Profit
$-16.0M
Gross Margin
-11.5%
48.9%
Operating Margin
-211.4%
-17.7%
Net Margin
-33.9%
Revenue YoY
-19.7%
-15.6%
Net Profit YoY
68.8%
EPS (diluted)
$0.68
$-4.40

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
STEM
STEM
Q4 25
$61.6M
$47.1M
Q3 25
$70.2M
$38.2M
Q2 25
$75.0M
$38.4M
Q1 25
$68.7M
$32.5M
Q4 24
$76.7M
$55.8M
Q3 24
$81.0M
$29.3M
Q2 24
$93.2M
$34.0M
Q1 24
$75.6M
$25.5M
Net Profit
BYND
BYND
STEM
STEM
Q4 25
$-16.0M
Q3 25
$-110.7M
$-23.8M
Q2 25
$-29.2M
$202.5M
Q1 25
$-52.9M
$-25.0M
Q4 24
$-51.1M
Q3 24
$-26.6M
$-148.3M
Q2 24
$-34.5M
$-582.3M
Q1 24
$-54.4M
$-72.3M
Gross Margin
BYND
BYND
STEM
STEM
Q4 25
-11.5%
48.9%
Q3 25
10.3%
35.5%
Q2 25
11.5%
33.4%
Q1 25
-1.5%
32.4%
Q4 24
13.1%
-4.4%
Q3 24
17.7%
21.2%
Q2 24
14.7%
27.6%
Q1 24
4.9%
-95.0%
Operating Margin
BYND
BYND
STEM
STEM
Q4 25
-211.4%
-17.7%
Q3 25
-160.0%
-33.6%
Q2 25
-46.6%
-34.8%
Q1 25
-81.8%
-65.0%
Q4 24
-49.3%
-84.4%
Q3 24
-38.2%
-493.2%
Q2 24
-36.4%
-1705.5%
Q1 24
-70.7%
-267.0%
Net Margin
BYND
BYND
STEM
STEM
Q4 25
-33.9%
Q3 25
-157.6%
-62.2%
Q2 25
-39.0%
527.8%
Q1 25
-77.0%
-76.9%
Q4 24
-91.6%
Q3 24
-32.8%
-506.3%
Q2 24
-37.0%
-1712.6%
Q1 24
-71.9%
-283.9%
EPS (diluted)
BYND
BYND
STEM
STEM
Q4 25
$0.68
$-4.40
Q3 25
$-1.44
$-2.84
Q2 25
$-0.38
$-1.79
Q1 25
$-0.69
$-0.15
Q4 24
$-0.65
$-15.29
Q3 24
$-0.41
$-18.24
Q2 24
$-0.53
$-71.81
Q1 24
$-0.84
$-0.46

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$203.9M
$48.9M
Total DebtLower is stronger
$415.7M
Stockholders' EquityBook value
$-997.0K
$-249.4M
Total Assets
$614.7M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
STEM
STEM
Q4 25
$203.9M
$48.9M
Q3 25
$117.3M
$43.1M
Q2 25
$103.5M
$40.8M
Q1 25
$102.1M
$58.6M
Q4 24
$131.9M
$56.3M
Q3 24
$121.7M
$75.4M
Q2 24
$144.9M
$89.6M
Q1 24
$157.9M
$112.8M
Total Debt
BYND
BYND
STEM
STEM
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
Stockholders' Equity
BYND
BYND
STEM
STEM
Q4 25
$-997.0K
$-249.4M
Q3 25
$-784.1M
$-235.7M
Q2 25
$-677.0M
$-214.1M
Q1 25
$-649.5M
$-417.5M
Q4 24
$-601.2M
$-398.4M
Q3 24
$-611.9M
$-344.1M
Q2 24
$-590.0M
$-203.2M
Q1 24
$-561.4M
$371.6M
Total Assets
BYND
BYND
STEM
STEM
Q4 25
$614.7M
$308.9M
Q3 25
$599.7M
$362.6M
Q2 25
$691.7M
$379.2M
Q1 25
$643.8M
$405.1M
Q4 24
$678.1M
$437.4M
Q3 24
$692.9M
$537.8M
Q2 24
$711.2M
$691.5M
Q1 24
$735.0M
$1.3B

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
STEM
STEM
Operating Cash FlowLast quarter
$-46.8M
$8.2M
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
STEM
STEM
Q4 25
$-46.8M
$8.2M
Q3 25
$-38.8M
$11.4M
Q2 25
$-33.2M
$-21.3M
Q1 25
$-26.1M
$8.5M
Q4 24
$-29.0M
$-14.7M
Q3 24
$-22.0M
$-9.4M
Q2 24
$-16.0M
$-11.9M
Q1 24
$-31.8M
$-621.0K
Free Cash Flow
BYND
BYND
STEM
STEM
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
Q1 24
$-33.0M
FCF Margin
BYND
BYND
STEM
STEM
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%
Q1 24
-43.7%
Capex Intensity
BYND
BYND
STEM
STEM
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%
Q1 24
1.6%
Cash Conversion
BYND
BYND
STEM
STEM
Q4 25
Q3 25
Q2 25
-0.11×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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