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Side-by-side financial comparison of LEE ENTERPRISES, Inc (LEE) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.

USANA HEALTH SCIENCES INC is the larger business by last-quarter revenue ($226.2M vs $130.1M, roughly 1.7× LEE ENTERPRISES, Inc). USANA HEALTH SCIENCES INC runs the higher net margin — 0.1% vs -4.3%, a 4.4% gap on every dollar of revenue. On growth, USANA HEALTH SCIENCES INC posted the faster year-over-year revenue change (-10.0% vs -10.0%). Over the past eight quarters, USANA HEALTH SCIENCES INC's revenue compounded faster (3.1% CAGR vs -5.8%).

Lee Enterprises, Inc. is a publicly traded American media company. It publishes 72 daily newspapers in 25 states, and more than 350 weekly, classified, and specialty publications. Lee Enterprises was founded in 1890 by Alfred Wilson Lee and is based in Davenport, Iowa.

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.

LEE vs USNA — Head-to-Head

Bigger by revenue
USNA
USNA
1.7× larger
USNA
$226.2M
$130.1M
LEE
Growing faster (revenue YoY)
USNA
USNA
+0.0% gap
USNA
-10.0%
-10.0%
LEE
Higher net margin
USNA
USNA
4.4% more per $
USNA
0.1%
-4.3%
LEE
Faster 2-yr revenue CAGR
USNA
USNA
Annualised
USNA
3.1%
-5.8%
LEE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LEE
LEE
USNA
USNA
Revenue
$130.1M
$226.2M
Net Profit
$-5.6M
$180.0K
Gross Margin
78.2%
Operating Margin
4.0%
1.7%
Net Margin
-4.3%
0.1%
Revenue YoY
-10.0%
-10.0%
Net Profit YoY
66.5%
-74.0%
EPS (diluted)
$-0.92
$-0.10

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
LEE
LEE
USNA
USNA
Q4 25
$130.1M
$226.2M
Q3 25
$139.1M
$213.7M
Q2 25
$141.3M
$235.8M
Q1 25
$137.4M
$249.5M
Q4 24
$144.6M
$213.6M
Q3 24
$158.6M
$200.2M
Q2 24
$150.6M
$212.9M
Q1 24
$146.6M
Net Profit
LEE
LEE
USNA
USNA
Q4 25
$-5.6M
$180.0K
Q3 25
$-6.4M
$-6.5M
Q2 25
$-1.9M
$9.7M
Q1 25
$-12.5M
$9.4M
Q4 24
$-16.7M
$4.5M
Q3 24
$-10.1M
$10.6M
Q2 24
$-4.3M
$10.4M
Q1 24
$-12.2M
Gross Margin
LEE
LEE
USNA
USNA
Q4 25
78.2%
Q3 25
77.2%
Q2 25
78.7%
Q1 25
79.0%
Q4 24
82.0%
Q3 24
80.4%
Q2 24
81.1%
Q1 24
Operating Margin
LEE
LEE
USNA
USNA
Q4 25
4.0%
1.7%
Q3 25
-1.0%
0.6%
Q2 25
3.3%
7.1%
Q1 25
-3.3%
6.3%
Q4 24
-2.3%
3.8%
Q3 24
-2.3%
7.8%
Q2 24
3.3%
8.4%
Q1 24
-3.1%
Net Margin
LEE
LEE
USNA
USNA
Q4 25
-4.3%
0.1%
Q3 25
-4.6%
-3.1%
Q2 25
-1.4%
4.1%
Q1 25
-9.1%
3.8%
Q4 24
-11.6%
2.1%
Q3 24
-6.4%
5.3%
Q2 24
-2.8%
4.9%
Q1 24
-8.3%
EPS (diluted)
LEE
LEE
USNA
USNA
Q4 25
$-0.92
$-0.10
Q3 25
$-1.02
$-0.36
Q2 25
$-0.31
$0.52
Q1 25
$-2.07
$0.49
Q4 24
$-2.80
$0.23
Q3 24
$-1.68
$0.56
Q2 24
$-0.73
$0.54
Q1 24
$-2.06

Balance Sheet & Financial Strength

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

Metric
LEE
LEE
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$12.6M
$158.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-48.7M
Total Assets
$592.6M
$742.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEE
LEE
USNA
USNA
Q4 25
$12.6M
$158.4M
Q3 25
$10.0M
$145.3M
Q2 25
$14.1M
$151.3M
Q1 25
$4.7M
$179.6M
Q4 24
$6.1M
$181.8M
Q3 24
$9.6M
$364.9M
Q2 24
$13.4M
$332.4M
Q1 24
$16.1M
Stockholders' Equity
LEE
LEE
USNA
USNA
Q4 25
$-48.7M
Q3 25
$-43.3M
$528.1M
Q2 25
$-40.5M
$531.1M
Q1 25
$-38.9M
$529.8M
Q4 24
$-26.7M
$532.1M
Q3 24
$-9.9M
$533.1M
Q2 24
$4.0M
$512.2M
Q1 24
$7.9M
Total Assets
LEE
LEE
USNA
USNA
Q4 25
$592.6M
$742.9M
Q3 25
$601.7M
$726.6M
Q2 25
$622.7M
$734.5M
Q1 25
$623.9M
$746.6M
Q4 24
$633.0M
$748.2M
Q3 24
$649.2M
$671.3M
Q2 24
$677.5M
$631.4M
Q1 24
$684.8M

Cash Flow & Capital Efficiency

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

Metric
LEE
LEE
USNA
USNA
Operating Cash FlowLast quarter
$4.5M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
2.9%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEE
LEE
USNA
USNA
Q4 25
$4.5M
Q3 25
$-6.3M
$-2.0M
Q2 25
$8.9M
$12.2M
Q1 25
$-790.0K
$15.5M
Q4 24
$-7.3M
$5.8M
Q3 24
$-261.0K
$29.5M
Q2 24
$-1.9M
$8.0M
Q1 24
$3.2M
Free Cash Flow
LEE
LEE
USNA
USNA
Q4 25
$3.7M
Q3 25
$-8.3M
$-5.2M
Q2 25
$8.3M
$7.2M
Q1 25
$-2.2M
$12.7M
Q4 24
$-8.9M
$4.0M
Q3 24
$-2.9M
$27.1M
Q2 24
$-5.5M
$5.3M
Q1 24
$1.3M
FCF Margin
LEE
LEE
USNA
USNA
Q4 25
2.9%
Q3 25
-6.0%
-2.4%
Q2 25
5.9%
3.0%
Q1 25
-1.6%
5.1%
Q4 24
-6.1%
1.9%
Q3 24
-1.8%
13.6%
Q2 24
-3.6%
2.5%
Q1 24
0.9%
Capex Intensity
LEE
LEE
USNA
USNA
Q4 25
0.6%
Q3 25
1.4%
1.5%
Q2 25
0.4%
2.1%
Q1 25
1.0%
1.1%
Q4 24
1.1%
0.8%
Q3 24
1.7%
1.2%
Q2 24
2.4%
1.3%
Q1 24
1.3%
Cash Conversion
LEE
LEE
USNA
USNA
Q4 25
Q3 25
Q2 25
1.27×
Q1 25
1.65×
Q4 24
1.29×
Q3 24
2.78×
Q2 24
0.77×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEE
LEE

Advertising And Marketing Services$60.0M46%
Subscription And Circulation$57.7M44%
Other$12.4M10%

USNA
USNA

Segment breakdown not available.

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