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Side-by-side financial comparison of BingEx Ltd (FLX) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.

Vital Farms, Inc. is the larger business by last-quarter revenue ($213.6M vs $143.2M, roughly 1.5× BingEx Ltd). Vital Farms, Inc. runs the higher net margin — 7.6% vs 2.2%, a 5.4% gap on every dollar of revenue.

Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".

FLX vs VITL — Head-to-Head

Bigger by revenue
VITL
VITL
1.5× larger
VITL
$213.6M
$143.2M
FLX
Higher net margin
VITL
VITL
5.4% more per $
VITL
7.6%
2.2%
FLX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FLX
FLX
VITL
VITL
Revenue
$143.2M
$213.6M
Net Profit
$3.2M
$16.3M
Gross Margin
10.8%
35.8%
Operating Margin
10.0%
Net Margin
2.2%
7.6%
Revenue YoY
28.7%
Net Profit YoY
54.3%
EPS (diluted)
$0.35

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
FLX
FLX
VITL
VITL
Q1 26
$143.2M
Q4 25
$213.6M
Q3 25
$141.2M
$198.9M
Q2 25
$143.0M
$184.8M
Q1 25
$141.0M
$162.2M
Q4 24
$166.0M
Q3 24
$164.6M
$145.0M
Q2 24
$147.4M
Net Profit
FLX
FLX
VITL
VITL
Q1 26
$3.2M
Q4 25
$16.3M
Q3 25
$6.1M
$16.4M
Q2 25
$7.5M
$16.6M
Q1 25
$27.6M
$16.9M
Q4 24
$10.6M
Q3 24
$3.4M
$7.4M
Q2 24
$16.3M
Gross Margin
FLX
FLX
VITL
VITL
Q1 26
10.8%
Q4 25
35.8%
Q3 25
11.1%
37.7%
Q2 25
12.0%
38.9%
Q1 25
10.0%
38.5%
Q4 24
36.1%
Q3 24
11.3%
36.9%
Q2 24
39.1%
Operating Margin
FLX
FLX
VITL
VITL
Q1 26
Q4 25
10.0%
Q3 25
1.4%
10.8%
Q2 25
1.9%
12.9%
Q1 25
13.4%
Q4 24
7.8%
Q3 24
4.0%
6.4%
Q2 24
11.6%
Net Margin
FLX
FLX
VITL
VITL
Q1 26
2.2%
Q4 25
7.6%
Q3 25
4.4%
8.3%
Q2 25
5.2%
9.0%
Q1 25
19.6%
10.4%
Q4 24
6.4%
Q3 24
2.1%
5.1%
Q2 24
11.1%
EPS (diluted)
FLX
FLX
VITL
VITL
Q1 26
Q4 25
$0.35
Q3 25
$0.36
Q2 25
$0.36
Q1 25
$0.37
Q4 24
$0.23
Q3 24
$0.16
Q2 24
$0.36

Balance Sheet & Financial Strength

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

Metric
FLX
FLX
VITL
VITL
Cash + ST InvestmentsLiquidity on hand
$561.1M
$48.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$351.3M
Total Assets
$1.3B
$518.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLX
FLX
VITL
VITL
Q1 26
$561.1M
Q4 25
$48.8M
Q3 25
$628.6M
$93.8M
Q2 25
$499.4M
$108.2M
Q1 25
$592.4M
$156.3M
Q4 24
$150.6M
Q3 24
$517.4M
$149.5M
Q2 24
$133.2M
Stockholders' Equity
FLX
FLX
VITL
VITL
Q1 26
Q4 25
$351.3M
Q3 25
$331.2M
Q2 25
$309.8M
Q1 25
$288.9M
Q4 24
$269.3M
Q3 24
$253.4M
Q2 24
$238.4M
Total Assets
FLX
FLX
VITL
VITL
Q1 26
$1.3B
Q4 25
$518.7M
Q3 25
$1.3B
$481.5M
Q2 25
$1.2B
$430.8M
Q1 25
$1.2B
$376.9M
Q4 24
$359.3M
Q3 24
$926.8M
$344.7M
Q2 24
$320.5M

Cash Flow & Capital Efficiency

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

Metric
FLX
FLX
VITL
VITL
Operating Cash FlowLast quarter
$5.8M
Free Cash FlowOCF − Capex
$-32.1M
FCF MarginFCF / Revenue
-15.1%
Capex IntensityCapex / Revenue
17.8%
Cash ConversionOCF / Net Profit
0.35×
TTM Free Cash FlowTrailing 4 quarters
$-48.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLX
FLX
VITL
VITL
Q1 26
Q4 25
$5.8M
Q3 25
$23.4M
Q2 25
$-761.0K
Q1 25
$5.3M
Q4 24
$14.8M
Q3 24
$10.0M
Q2 24
$16.1M
Free Cash Flow
FLX
FLX
VITL
VITL
Q1 26
Q4 25
$-32.1M
Q3 25
$-10.6M
Q2 25
$-7.6M
Q1 25
$2.1M
Q4 24
$-3.4M
Q3 24
$6.4M
Q2 24
$10.5M
FCF Margin
FLX
FLX
VITL
VITL
Q1 26
Q4 25
-15.1%
Q3 25
-5.3%
Q2 25
-4.1%
Q1 25
1.3%
Q4 24
-2.0%
Q3 24
4.4%
Q2 24
7.2%
Capex Intensity
FLX
FLX
VITL
VITL
Q1 26
Q4 25
17.8%
Q3 25
17.1%
Q2 25
3.7%
Q1 25
1.9%
Q4 24
10.9%
Q3 24
2.5%
Q2 24
3.8%
Cash Conversion
FLX
FLX
VITL
VITL
Q1 26
Q4 25
0.35×
Q3 25
1.43×
Q2 25
-0.05×
Q1 25
0.31×
Q4 24
1.40×
Q3 24
1.34×
Q2 24
0.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLX
FLX

Segment breakdown not available.

VITL
VITL

Eggs And Egg Related Products$205.8M96%
Butter And Butter Related Products$7.7M4%

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