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Side-by-side financial comparison of Campbell's Company (The) (CPB) and USANA HEALTH SCIENCES INC (USNA), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Campbell's Company (The) is the larger business by last-quarter revenue ($2.7B vs $213.7M, roughly 12.5× USANA HEALTH SCIENCES INC). Campbell's Company (The) runs the higher net margin — 7.2% vs -3.1%, a 10.3% gap on every dollar of revenue. On growth, USANA HEALTH SCIENCES INC posted the faster year-over-year revenue change (6.7% vs -3.4%). Campbell's Company (The) produced more free cash flow last quarter ($97.0M vs $-5.2M). Over the past eight quarters, Campbell's Company (The)'s revenue compounded faster (4.4% CAGR vs -1.7%).

The Campbell's Company is an American company, most closely associated with its flagship canned soup products. The classic red-and-white can design used by many Campbell's branded products has become an American icon, and its use in pop art was typified by American artist Andy Warhol's series of Campbell's Soup Cans prints.

Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.

CPB vs USNA — Head-to-Head

Bigger by revenue
CPB
CPB
12.5× larger
CPB
$2.7B
$213.7M
USNA
Growing faster (revenue YoY)
USNA
USNA
+10.1% gap
USNA
6.7%
-3.4%
CPB
Higher net margin
CPB
CPB
10.3% more per $
CPB
7.2%
-3.1%
USNA
More free cash flow
CPB
CPB
$102.2M more FCF
CPB
$97.0M
$-5.2M
USNA
Faster 2-yr revenue CAGR
CPB
CPB
Annualised
CPB
4.4%
-1.7%
USNA

Income Statement — Q1 2026 vs Q3 2026

Metric
CPB
CPB
USNA
USNA
Revenue
$2.7B
$213.7M
Net Profit
$194.0M
$-6.5M
Gross Margin
29.6%
77.2%
Operating Margin
12.6%
0.6%
Net Margin
7.2%
-3.1%
Revenue YoY
-3.4%
6.7%
Net Profit YoY
-11.0%
-161.5%
EPS (diluted)
$0.65
$-0.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
CPB
CPB
USNA
USNA
Q4 25
$2.7B
Q3 25
$2.3B
$213.7M
Q2 25
$2.5B
$235.8M
Q1 25
$2.7B
$249.5M
Q4 24
$2.8B
$213.6M
Q3 24
$2.3B
$200.2M
Q2 24
$2.4B
$212.9M
Q1 24
$2.5B
$227.8M
Net Profit
CPB
CPB
USNA
USNA
Q4 25
$194.0M
Q3 25
$145.0M
$-6.5M
Q2 25
$66.0M
$9.7M
Q1 25
$173.0M
$9.4M
Q4 24
$218.0M
$4.5M
Q3 24
$-3.0M
$10.6M
Q2 24
$133.0M
$10.4M
Q1 24
$203.0M
$16.5M
Gross Margin
CPB
CPB
USNA
USNA
Q4 25
29.6%
Q3 25
30.4%
77.2%
Q2 25
29.4%
78.7%
Q1 25
30.5%
79.0%
Q4 24
31.3%
82.0%
Q3 24
29.4%
80.4%
Q2 24
30.9%
81.1%
Q1 24
31.6%
81.1%
Operating Margin
CPB
CPB
USNA
USNA
Q4 25
12.6%
Q3 25
11.6%
0.6%
Q2 25
6.5%
7.1%
Q1 25
12.2%
6.3%
Q4 24
13.2%
3.8%
Q3 24
3.4%
7.8%
Q2 24
10.5%
8.4%
Q1 24
12.9%
10.8%
Net Margin
CPB
CPB
USNA
USNA
Q4 25
7.2%
Q3 25
6.2%
-3.1%
Q2 25
2.7%
4.1%
Q1 25
6.4%
3.8%
Q4 24
7.9%
2.1%
Q3 24
-0.1%
5.3%
Q2 24
5.6%
4.9%
Q1 24
8.3%
7.3%
EPS (diluted)
CPB
CPB
USNA
USNA
Q4 25
$0.65
Q3 25
$0.49
$-0.36
Q2 25
$0.22
$0.52
Q1 25
$0.58
$0.49
Q4 24
$0.72
$0.23
Q3 24
$-0.01
$0.56
Q2 24
$0.44
$0.54
Q1 24
$0.68
$0.86

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
CPB
CPB
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$168.0M
$145.3M
Total DebtLower is stronger
$6.1B
Stockholders' EquityBook value
$4.0B
$528.1M
Total Assets
$15.2B
$726.6M
Debt / EquityLower = less leverage
1.54×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
CPB
CPB
USNA
USNA
Q4 25
$168.0M
Q3 25
$132.0M
$145.3M
Q2 25
$143.0M
$151.3M
Q1 25
$829.0M
$179.6M
Q4 24
$808.0M
$181.8M
Q3 24
$108.0M
$364.9M
Q2 24
$107.0M
$332.4M
Q1 24
$169.0M
$328.3M
Total Debt
CPB
CPB
USNA
USNA
Q4 25
$6.1B
Q3 25
$6.1B
Q2 25
$6.1B
Q1 25
$6.5B
Q4 24
$6.7B
Q3 24
$5.8B
Q2 24
$5.8B
Q1 24
$4.5B
Stockholders' Equity
CPB
CPB
USNA
USNA
Q4 25
$4.0B
Q3 25
$3.9B
$528.1M
Q2 25
$3.9B
$531.1M
Q1 25
$3.9B
$529.8M
Q4 24
$3.8B
$532.1M
Q3 24
$3.8B
$533.1M
Q2 24
$3.9B
$512.2M
Q1 24
$3.8B
$500.0M
Total Assets
CPB
CPB
USNA
USNA
Q4 25
$15.2B
Q3 25
$14.9B
$726.6M
Q2 25
$14.8B
$734.5M
Q1 25
$15.9B
$746.6M
Q4 24
$16.1B
$748.2M
Q3 24
$15.2B
$671.3M
Q2 24
$15.2B
$631.4M
Q1 24
$12.1B
$629.3M
Debt / Equity
CPB
CPB
USNA
USNA
Q4 25
1.54×
Q3 25
1.56×
Q2 25
1.58×
Q1 25
1.66×
Q4 24
1.75×
Q3 24
1.52×
Q2 24
1.47×
Q1 24
1.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
CPB
CPB
USNA
USNA
Operating Cash FlowLast quarter
$224.0M
$-2.0M
Free Cash FlowOCF − Capex
$97.0M
$-5.2M
FCF MarginFCF / Revenue
3.6%
-2.4%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
4.7%
1.5%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
1.15×
TTM Free Cash FlowTrailing 4 quarters
$687.0M
$18.7M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
CPB
CPB
USNA
USNA
Q4 25
$224.0M
Q3 25
$259.0M
$-2.0M
Q2 25
$135.0M
$12.2M
Q1 25
$512.0M
$15.5M
Q4 24
$225.0M
$5.8M
Q3 24
$288.0M
$29.5M
Q2 24
$213.0M
$8.0M
Q1 24
$510.0M
$17.7M
Free Cash Flow
CPB
CPB
USNA
USNA
Q4 25
$97.0M
Q3 25
$129.0M
$-5.2M
Q2 25
$50.0M
$7.2M
Q1 25
$411.0M
$12.7M
Q4 24
$115.0M
$4.0M
Q3 24
$147.0M
$27.1M
Q2 24
$100.0M
$5.3M
Q1 24
$390.0M
$14.5M
FCF Margin
CPB
CPB
USNA
USNA
Q4 25
3.6%
Q3 25
5.6%
-2.4%
Q2 25
2.0%
3.0%
Q1 25
15.3%
5.1%
Q4 24
4.1%
1.9%
Q3 24
6.4%
13.6%
Q2 24
4.2%
2.5%
Q1 24
15.9%
6.4%
Capex Intensity
CPB
CPB
USNA
USNA
Q4 25
4.7%
Q3 25
5.6%
1.5%
Q2 25
3.4%
2.1%
Q1 25
3.8%
1.1%
Q4 24
4.0%
0.8%
Q3 24
6.1%
1.2%
Q2 24
4.8%
1.3%
Q1 24
4.9%
1.4%
Cash Conversion
CPB
CPB
USNA
USNA
Q4 25
1.15×
Q3 25
1.79×
Q2 25
2.05×
1.27×
Q1 25
2.96×
1.65×
Q4 24
1.03×
1.29×
Q3 24
2.78×
Q2 24
1.60×
0.77×
Q1 24
2.51×
1.07×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

CPB
CPB

Baked Snacks$995.0M37%
Snacks$914.0M34%
Simple Meals$580.0M22%
Beverages$168.0M6%

USNA
USNA

Direct Selling$175.8M82%
Hiya$30.8M14%
All Other$7.0M3%

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