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Side-by-side financial comparison of FLOWERS FOODS INC (FLO) and Opendoor Technologies Inc. (OPEN). Click either name above to swap in a different company.

FLOWERS FOODS INC is the larger business by last-quarter revenue ($1.2B vs $720.0M, roughly 1.7× Opendoor Technologies Inc.). On growth, FLOWERS FOODS INC posted the faster year-over-year revenue change (11.0% vs -37.6%). Over the past eight quarters, FLOWERS FOODS INC's revenue compounded faster (-11.6% CAGR vs -31.0%).

Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packaged bakery foods in the United States. The company operates 44 bakeries across 19 states that produce a variety of products, including bread, buns, rolls, snack cakes, pastries, and tortillas. As of February 2013, Flowers Foods had grown to be the "second-largest baking company in the United States."

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

FLO vs OPEN — Head-to-Head

Bigger by revenue
FLO
FLO
1.7× larger
FLO
$1.2B
$720.0M
OPEN
Growing faster (revenue YoY)
FLO
FLO
+48.5% gap
FLO
11.0%
-37.6%
OPEN
Faster 2-yr revenue CAGR
FLO
FLO
Annualised
FLO
-11.6%
-31.0%
OPEN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FLO
FLO
OPEN
OPEN
Revenue
$1.2B
$720.0M
Net Profit
$-173.0M
Gross Margin
10.0%
Operating Margin
67.9%
Net Margin
-24.0%
Revenue YoY
11.0%
-37.6%
Net Profit YoY
-103.5%
EPS (diluted)
$-0.18

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
FLO
FLO
OPEN
OPEN
Q1 26
$720.0M
Q4 25
$1.2B
$736.0M
Q3 25
$1.2B
$915.0M
Q2 25
$1.6B
$1.6B
Q1 25
$1.2B
Q4 24
$1.2B
$1.1B
Q3 24
$1.2B
$1.4B
Q2 24
$1.6B
$1.5B
Net Profit
FLO
FLO
OPEN
OPEN
Q1 26
$-173.0M
Q4 25
$39.5M
$-1.1B
Q3 25
$58.4M
$-90.0M
Q2 25
$53.0M
$-29.0M
Q1 25
$-85.0M
Q4 24
$65.0M
$-113.0M
Q3 24
$67.0M
$-78.0M
Q2 24
$73.0M
$-92.0M
Gross Margin
FLO
FLO
OPEN
OPEN
Q1 26
10.0%
Q4 25
7.7%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
8.6%
Q4 24
7.8%
Q3 24
7.6%
Q2 24
8.5%
Operating Margin
FLO
FLO
OPEN
OPEN
Q1 26
67.9%
Q4 25
5.4%
-20.4%
Q3 25
7.5%
-7.4%
Q2 25
5.5%
-0.8%
Q1 25
-4.9%
Q4 24
7.6%
-8.7%
Q3 24
7.8%
-4.9%
Q2 24
6.4%
-4.8%
Net Margin
FLO
FLO
OPEN
OPEN
Q1 26
-24.0%
Q4 25
3.2%
-148.9%
Q3 25
4.7%
-9.8%
Q2 25
3.4%
-1.9%
Q1 25
-7.4%
Q4 24
5.5%
-10.4%
Q3 24
5.5%
-5.7%
Q2 24
4.6%
-6.1%
EPS (diluted)
FLO
FLO
OPEN
OPEN
Q1 26
$-0.18
Q4 25
$0.19
$-1.42
Q3 25
$0.28
$-0.12
Q2 25
$0.25
$-0.04
Q1 25
$-0.12
Q4 24
$0.31
$-0.16
Q3 24
$0.32
$-0.11
Q2 24
$0.34
$-0.13

Balance Sheet & Financial Strength

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

Metric
FLO
FLO
OPEN
OPEN
Cash + ST InvestmentsLiquidity on hand
$12.1M
$999.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$954.0M
Total Assets
$4.2B
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLO
FLO
OPEN
OPEN
Q1 26
$999.0M
Q4 25
$16.7M
$962.0M
Q3 25
$11.0M
$962.0M
Q2 25
$7.3M
$789.0M
Q1 25
$559.0M
Q4 24
$15.0M
$679.0M
Q3 24
$6.9M
$837.0M
Q2 24
$15.8M
$809.0M
Total Debt
FLO
FLO
OPEN
OPEN
Q1 26
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Stockholders' Equity
FLO
FLO
OPEN
OPEN
Q1 26
$954.0M
Q4 25
$1.4B
$1.0B
Q3 25
$1.4B
$811.0M
Q2 25
$1.4B
$631.0M
Q1 25
$645.0M
Q4 24
$1.4B
$713.0M
Q3 24
$1.4B
$801.0M
Q2 24
$1.4B
$845.0M
Total Assets
FLO
FLO
OPEN
OPEN
Q1 26
$2.3B
Q4 25
$4.3B
$2.4B
Q3 25
$4.3B
$2.7B
Q2 25
$4.3B
$2.9B
Q1 25
$3.3B
Q4 24
$3.4B
$3.1B
Q3 24
$3.4B
$3.4B
Q2 24
$3.4B
$3.4B
Debt / Equity
FLO
FLO
OPEN
OPEN
Q1 26
Q4 25
1.25×
Q3 25
1.23×
Q2 25
1.26×
Q1 25
Q4 24
0.75×
Q3 24
0.77×
Q2 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
FLO
FLO
OPEN
OPEN
Operating Cash FlowLast quarter
$125.4M
$-246.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLO
FLO
OPEN
OPEN
Q1 26
$-246.0M
Q4 25
$54.4M
$70.0M
Q3 25
$130.8M
$435.0M
Q2 25
$135.6M
$823.0M
Q1 25
$-279.0M
Q4 24
$113.9M
$-80.0M
Q3 24
$63.3M
$62.0M
Q2 24
$105.1M
$-399.0M
Free Cash Flow
FLO
FLO
OPEN
OPEN
Q1 26
Q4 25
$30.4M
$67.0M
Q3 25
$100.0M
$432.0M
Q2 25
$110.1M
$821.0M
Q1 25
$-283.0M
Q4 24
$88.6M
$-83.0M
Q3 24
$35.4M
$56.0M
Q2 24
$71.8M
$-407.0M
FCF Margin
FLO
FLO
OPEN
OPEN
Q1 26
Q4 25
2.5%
9.1%
Q3 25
8.0%
47.2%
Q2 25
7.1%
52.4%
Q1 25
-24.5%
Q4 24
7.4%
-7.7%
Q3 24
2.9%
4.1%
Q2 24
4.6%
-26.9%
Capex Intensity
FLO
FLO
OPEN
OPEN
Q1 26
Q4 25
2.0%
0.4%
Q3 25
2.5%
0.3%
Q2 25
1.6%
0.1%
Q1 25
0.3%
Q4 24
2.1%
0.3%
Q3 24
2.3%
0.4%
Q2 24
2.1%
0.5%
Cash Conversion
FLO
FLO
OPEN
OPEN
Q1 26
Q4 25
1.38×
Q3 25
2.24×
Q2 25
2.56×
Q1 25
Q4 24
1.75×
Q3 24
0.94×
Q2 24
1.44×

Financial Flow Comparison

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

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