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Side-by-side financial comparison of CALAVO GROWERS INC (CVGW) and INSPIRE VETERINARY PARTNERS, INC. (IVP). Click either name above to swap in a different company.

CALAVO GROWERS INC is the larger business by last-quarter revenue ($124.7M vs $4.3M, roughly 28.9× INSPIRE VETERINARY PARTNERS, INC.). CALAVO GROWERS INC runs the higher net margin — 3.1% vs -58.5%, a 61.6% gap on every dollar of revenue. On growth, INSPIRE VETERINARY PARTNERS, INC. posted the faster year-over-year revenue change (6.6% vs -26.6%). CALAVO GROWERS INC produced more free cash flow last quarter ($1.2M vs $-1.3M). Over the past eight quarters, INSPIRE VETERINARY PARTNERS, INC.'s revenue compounded faster (2.4% CAGR vs -1.2%).

Calavo Growers, Inc. is an international consumer goods and farm products company. It packages, and distributes avocados and other fruits, as well as their fresh prepared food to restaurants, stores, and individual customers worldwide.

Inspire Veterinary Partners, Inc. is a U.S.-based operator of companion animal veterinary clinics. It delivers full-spectrum pet healthcare services including preventive care, diagnostic testing, surgery, dental care, and emergency treatment for dogs, cats and other small pets, serving communities across multiple U.S. states.

CVGW vs IVP — Head-to-Head

Bigger by revenue
CVGW
CVGW
28.9× larger
CVGW
$124.7M
$4.3M
IVP
Growing faster (revenue YoY)
IVP
IVP
+33.2% gap
IVP
6.6%
-26.6%
CVGW
Higher net margin
CVGW
CVGW
61.6% more per $
CVGW
3.1%
-58.5%
IVP
More free cash flow
CVGW
CVGW
$2.5M more FCF
CVGW
$1.2M
$-1.3M
IVP
Faster 2-yr revenue CAGR
IVP
IVP
Annualised
IVP
2.4%
-1.2%
CVGW

Income Statement — Q4 2025 vs Q3 2025

Metric
CVGW
CVGW
IVP
IVP
Revenue
$124.7M
$4.3M
Net Profit
$3.8M
$-2.5M
Gross Margin
9.3%
Operating Margin
-1.4%
-45.6%
Net Margin
3.1%
-58.5%
Revenue YoY
-26.6%
6.6%
Net Profit YoY
2846.0%
27.6%
EPS (diluted)
$0.22

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
CVGW
CVGW
IVP
IVP
Q4 25
$124.7M
Q3 25
$178.8M
$4.3M
Q2 25
$190.5M
$4.3M
Q1 25
$154.4M
$3.6M
Q4 24
$170.0M
$3.3M
Q3 24
$179.6M
$4.0M
Q2 24
$184.4M
$4.4M
Q1 24
$127.6M
$4.8M
Net Profit
CVGW
CVGW
IVP
IVP
Q4 25
$3.8M
Q3 25
$4.7M
$-2.5M
Q2 25
$6.8M
$-3.0M
Q1 25
$4.4M
$-2.4M
Q4 24
$-139.0K
$-4.0M
Q3 24
$-732.0K
$-3.5M
Q2 24
$6.1M
$-3.4M
Q1 24
$-6.3M
$-3.4M
Gross Margin
CVGW
CVGW
IVP
IVP
Q4 25
9.3%
Q3 25
10.2%
Q2 25
9.5%
Q1 25
10.2%
Q4 24
9.7%
Q3 24
11.2%
Q2 24
11.1%
Q1 24
8.4%
Operating Margin
CVGW
CVGW
IVP
IVP
Q4 25
-1.4%
Q3 25
4.8%
-45.6%
Q2 25
4.0%
-61.1%
Q1 25
3.3%
-55.2%
Q4 24
1.8%
-46.2%
Q3 24
5.2%
-55.2%
Q2 24
4.0%
-54.5%
Q1 24
-2.4%
-59.2%
Net Margin
CVGW
CVGW
IVP
IVP
Q4 25
3.1%
Q3 25
2.6%
-58.5%
Q2 25
3.6%
-70.8%
Q1 25
2.9%
-66.4%
Q4 24
-0.1%
-119.4%
Q3 24
-0.4%
-86.2%
Q2 24
3.3%
-77.1%
Q1 24
-4.9%
-70.8%
EPS (diluted)
CVGW
CVGW
IVP
IVP
Q4 25
$0.22
Q3 25
$0.26
Q2 25
$0.38
Q1 25
$0.25
Q4 24
$-0.01
Q3 24
$-0.04
Q2 24
$0.34
Q1 24
$-0.35

Balance Sheet & Financial Strength

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

Metric
CVGW
CVGW
IVP
IVP
Cash + ST InvestmentsLiquidity on hand
$61.2M
Total DebtLower is stronger
$11.8M
Stockholders' EquityBook value
$206.9M
$4.2M
Total Assets
$292.2M
$24.0M
Debt / EquityLower = less leverage
2.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGW
CVGW
IVP
IVP
Q4 25
$61.2M
Q3 25
$63.8M
Q2 25
$60.4M
Q1 25
$48.5M
Q4 24
$57.0M
$523.7K
Q3 24
$1.1M
$681.2K
Q2 24
$4.3M
$7.7K
Q1 24
$5.7M
$69.1K
Total Debt
CVGW
CVGW
IVP
IVP
Q4 25
Q3 25
$11.8M
Q2 25
$12.0M
Q1 25
$11.5M
Q4 24
$12.0M
Q3 24
$12.4M
Q2 24
$14.6M
Q1 24
Stockholders' Equity
CVGW
CVGW
IVP
IVP
Q4 25
$206.9M
Q3 25
$206.4M
$4.2M
Q2 25
$206.6M
$446.3K
Q1 25
$202.9M
$3.0M
Q4 24
$200.3M
$1.6M
Q3 24
$205.2M
$3.0M
Q2 24
$207.3M
$-3.1M
Q1 24
$202.5M
$269.9K
Total Assets
CVGW
CVGW
IVP
IVP
Q4 25
$292.2M
Q3 25
$301.2M
$24.0M
Q2 25
$321.5M
$20.8M
Q1 25
$298.9M
$20.7M
Q4 24
$301.1M
$20.2M
Q3 24
$382.4M
$22.4M
Q2 24
$411.4M
$21.9M
Q1 24
$394.7M
$23.4M
Debt / Equity
CVGW
CVGW
IVP
IVP
Q4 25
Q3 25
2.82×
Q2 25
26.96×
Q1 25
3.84×
Q4 24
7.67×
Q3 24
4.10×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CVGW
CVGW
IVP
IVP
Operating Cash FlowLast quarter
$2.3M
$-1.3M
Free Cash FlowOCF − Capex
$1.2M
$-1.3M
FCF MarginFCF / Revenue
1.0%
-30.7%
Capex IntensityCapex / Revenue
0.9%
1.0%
Cash ConversionOCF / Net Profit
0.60×
TTM Free Cash FlowTrailing 4 quarters
$19.4M
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGW
CVGW
IVP
IVP
Q4 25
$2.3M
Q3 25
$8.0M
$-1.3M
Q2 25
$15.7M
$-898.3K
Q1 25
$-4.4M
$-1.4M
Q4 24
$10.8M
$-677.5K
Q3 24
$11.4M
$-6.3M
Q2 24
$2.1M
$149.7K
Q1 24
$58.0K
$-3.2M
Free Cash Flow
CVGW
CVGW
IVP
IVP
Q4 25
$1.2M
Q3 25
$7.3M
$-1.3M
Q2 25
$15.6M
$-910.9K
Q1 25
$-4.7M
$-1.4M
Q4 24
$10.5M
$-709.4K
Q3 24
$11.3M
$-6.3M
Q2 24
$745.0K
$126.0K
Q1 24
$-972.0K
$-3.3M
FCF Margin
CVGW
CVGW
IVP
IVP
Q4 25
1.0%
Q3 25
4.1%
-30.7%
Q2 25
8.2%
-21.3%
Q1 25
-3.1%
-38.3%
Q4 24
6.2%
-21.4%
Q3 24
6.3%
-156.4%
Q2 24
0.4%
2.9%
Q1 24
-0.8%
-68.8%
Capex Intensity
CVGW
CVGW
IVP
IVP
Q4 25
0.9%
Q3 25
0.4%
1.0%
Q2 25
0.1%
0.3%
Q1 25
0.2%
0.6%
Q4 24
0.2%
1.0%
Q3 24
0.1%
0.6%
Q2 24
0.7%
0.5%
Q1 24
0.8%
3.2%
Cash Conversion
CVGW
CVGW
IVP
IVP
Q4 25
0.60×
Q3 25
1.69×
Q2 25
2.29×
Q1 25
-1.00×
Q4 24
Q3 24
Q2 24
0.35×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVGW
CVGW

Fresh Products$104.7M84%
Segment Prepared$14.5M12%
Tomatoes$4.6M4%

IVP
IVP

Services$3.1M73%
Products$1.2M27%

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