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Side-by-side financial comparison of Niagen Bioscience, Inc. (NAGE) 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 ($213.7M vs $33.8M, roughly 6.3× Niagen Bioscience, Inc.). Niagen Bioscience, Inc. runs the higher net margin — 12.2% vs -3.1%, a 15.3% gap on every dollar of revenue. On growth, Niagen Bioscience, Inc. posted the faster year-over-year revenue change (16.2% vs 6.7%). Over the past eight quarters, Niagen Bioscience, Inc.'s revenue compounded faster (23.6% CAGR vs -1.7%).

Niagen Bioscience, formerly ChromaDex, is a bioscience сompany based in Los Angeles, California founded in 1999. The company operates in multiple sectors including reference standards, dietary supplements, and ingredient technology. Niagen Bioscience is publicly traded on the NASDAQ.

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.

NAGE vs USNA — Head-to-Head

Bigger by revenue
USNA
USNA
6.3× larger
USNA
$213.7M
$33.8M
NAGE
Growing faster (revenue YoY)
NAGE
NAGE
+9.5% gap
NAGE
16.2%
6.7%
USNA
Higher net margin
NAGE
NAGE
15.3% more per $
NAGE
12.2%
-3.1%
USNA
Faster 2-yr revenue CAGR
NAGE
NAGE
Annualised
NAGE
23.6%
-1.7%
USNA

Income Statement — Q4 2025 vs Q3 2026

Metric
NAGE
NAGE
USNA
USNA
Revenue
$33.8M
$213.7M
Net Profit
$4.1M
$-6.5M
Gross Margin
64.1%
77.2%
Operating Margin
12.1%
0.6%
Net Margin
12.2%
-3.1%
Revenue YoY
16.2%
6.7%
Net Profit YoY
-42.4%
-161.5%
EPS (diluted)
$0.05
$-0.36

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
NAGE
NAGE
USNA
USNA
Q4 25
$33.8M
Q3 25
$34.0M
$213.7M
Q2 25
$31.1M
$235.8M
Q1 25
$30.5M
$249.5M
Q4 24
$29.1M
$213.6M
Q3 24
$25.6M
$200.2M
Q2 24
$22.7M
$212.9M
Q1 24
$22.2M
$227.8M
Net Profit
NAGE
NAGE
USNA
USNA
Q4 25
$4.1M
Q3 25
$4.6M
$-6.5M
Q2 25
$3.6M
$9.7M
Q1 25
$5.1M
$9.4M
Q4 24
$7.2M
$4.5M
Q3 24
$1.9M
$10.6M
Q2 24
$-15.0K
$10.4M
Q1 24
$-492.0K
$16.5M
Gross Margin
NAGE
NAGE
USNA
USNA
Q4 25
64.1%
Q3 25
64.5%
77.2%
Q2 25
65.0%
78.7%
Q1 25
63.4%
79.0%
Q4 24
62.5%
82.0%
Q3 24
63.5%
80.4%
Q2 24
60.2%
81.1%
Q1 24
60.7%
81.1%
Operating Margin
NAGE
NAGE
USNA
USNA
Q4 25
12.1%
Q3 25
12.5%
0.6%
Q2 25
10.2%
7.1%
Q1 25
15.7%
6.3%
Q4 24
24.4%
3.8%
Q3 24
6.3%
7.8%
Q2 24
-1.1%
8.4%
Q1 24
-3.3%
10.8%
Net Margin
NAGE
NAGE
USNA
USNA
Q4 25
12.2%
Q3 25
13.5%
-3.1%
Q2 25
11.6%
4.1%
Q1 25
16.6%
3.8%
Q4 24
24.6%
2.1%
Q3 24
7.3%
5.3%
Q2 24
-0.1%
4.9%
Q1 24
-2.2%
7.3%
EPS (diluted)
NAGE
NAGE
USNA
USNA
Q4 25
$0.05
Q3 25
$0.05
$-0.36
Q2 25
$0.04
$0.52
Q1 25
$0.06
$0.49
Q4 24
$0.10
$0.23
Q3 24
$0.02
$0.56
Q2 24
$0.00
$0.54
Q1 24
$-0.01
$0.86

Balance Sheet & Financial Strength

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

Metric
NAGE
NAGE
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$145.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$76.5M
$528.1M
Total Assets
$106.4M
$726.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NAGE
NAGE
USNA
USNA
Q4 25
Q3 25
$64.1M
$145.3M
Q2 25
$60.3M
$151.3M
Q1 25
$55.5M
$179.6M
Q4 24
$44.5M
$181.8M
Q3 24
$32.2M
$364.9M
Q2 24
$27.7M
$332.4M
Q1 24
$27.4M
$328.3M
Stockholders' Equity
NAGE
NAGE
USNA
USNA
Q4 25
$76.5M
Q3 25
$70.7M
$528.1M
Q2 25
$64.2M
$531.1M
Q1 25
$55.3M
$529.8M
Q4 24
$46.1M
$532.1M
Q3 24
$34.4M
$533.1M
Q2 24
$30.7M
$512.2M
Q1 24
$29.0M
$500.0M
Total Assets
NAGE
NAGE
USNA
USNA
Q4 25
$106.4M
Q3 25
$98.1M
$726.6M
Q2 25
$91.5M
$734.5M
Q1 25
$81.3M
$746.6M
Q4 24
$68.3M
$748.2M
Q3 24
$56.5M
$671.3M
Q2 24
$54.0M
$631.4M
Q1 24
$54.1M
$629.3M

Cash Flow & Capital Efficiency

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

Metric
NAGE
NAGE
USNA
USNA
Operating Cash FlowLast quarter
$679.0K
$-2.0M
Free Cash FlowOCF − Capex
$-5.2M
FCF MarginFCF / Revenue
-2.4%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.16×
TTM Free Cash FlowTrailing 4 quarters
$18.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NAGE
NAGE
USNA
USNA
Q4 25
$679.0K
Q3 25
$3.7M
$-2.0M
Q2 25
$1.3M
$12.2M
Q1 25
$7.9M
$15.5M
Q4 24
$8.6M
$5.8M
Q3 24
$3.5M
$29.5M
Q2 24
$-264.0K
$8.0M
Q1 24
$295.0K
$17.7M
Free Cash Flow
NAGE
NAGE
USNA
USNA
Q4 25
Q3 25
$-5.2M
Q2 25
$7.2M
Q1 25
$12.7M
Q4 24
$4.0M
Q3 24
$27.1M
Q2 24
$5.3M
Q1 24
$14.5M
FCF Margin
NAGE
NAGE
USNA
USNA
Q4 25
Q3 25
-2.4%
Q2 25
3.0%
Q1 25
5.1%
Q4 24
1.9%
Q3 24
13.6%
Q2 24
2.5%
Q1 24
6.4%
Capex Intensity
NAGE
NAGE
USNA
USNA
Q4 25
Q3 25
1.5%
Q2 25
2.1%
Q1 25
1.1%
Q4 24
0.8%
Q3 24
1.2%
Q2 24
1.3%
Q1 24
1.4%
Cash Conversion
NAGE
NAGE
USNA
USNA
Q4 25
0.16×
Q3 25
0.81×
Q2 25
0.35×
1.27×
Q1 25
1.56×
1.65×
Q4 24
1.20×
1.29×
Q3 24
1.86×
2.78×
Q2 24
0.77×
Q1 24
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NAGE
NAGE

TRUNIAGEN Consumer Product$27.5M81%
Ingredients Segment$5.7M17%
Other$694.0K2%

USNA
USNA

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

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