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Side-by-side financial comparison of SunOpta Inc. (STKL) and Victory Capital Holdings, Inc. (VCTR). Click either name above to swap in a different company.

Victory Capital Holdings, Inc. is the larger business by last-quarter revenue ($388.0M vs $205.4M, roughly 1.9× SunOpta Inc.). Victory Capital Holdings, Inc. runs the higher net margin — 28.9% vs 0.4%, a 28.5% gap on every dollar of revenue. On growth, Victory Capital Holdings, Inc. posted the faster year-over-year revenue change (76.7% vs 16.6%). Over the past eight quarters, Victory Capital Holdings, Inc.'s revenue compounded faster (32.9% CAGR vs 7.4%).

SunOpta, Inc. is a multi-national food and mineral company headquartered in Eden Prairie, Minnesota and founded in 1973 in Canada.

Victory Capital Holdings, Inc. is an American financial services company headquartered in San Antonio, Texas that focuses on investment management. Outside the US, it also has investment professionals in London, Hong Kong and Singapore.

STKL vs VCTR — Head-to-Head

Bigger by revenue
VCTR
VCTR
1.9× larger
VCTR
$388.0M
$205.4M
STKL
Growing faster (revenue YoY)
VCTR
VCTR
+60.1% gap
VCTR
76.7%
16.6%
STKL
Higher net margin
VCTR
VCTR
28.5% more per $
VCTR
28.9%
0.4%
STKL
Faster 2-yr revenue CAGR
VCTR
VCTR
Annualised
VCTR
32.9%
7.4%
STKL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
STKL
STKL
VCTR
VCTR
Revenue
$205.4M
$388.0M
Net Profit
$816.0K
$112.1M
Gross Margin
12.4%
Operating Margin
3.3%
41.0%
Net Margin
0.4%
28.9%
Revenue YoY
16.6%
76.7%
Net Profit YoY
113.1%
80.8%
EPS (diluted)
$0.01

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
STKL
STKL
VCTR
VCTR
Q1 26
$388.0M
Q4 25
$374.1M
Q3 25
$205.4M
$361.2M
Q2 25
$191.5M
$351.2M
Q1 25
$201.6M
$219.6M
Q4 24
$193.9M
$232.4M
Q3 24
$175.9M
$225.6M
Q2 24
$169.5M
$219.6M
Net Profit
STKL
STKL
VCTR
VCTR
Q1 26
$112.1M
Q4 25
$112.8M
Q3 25
$816.0K
$96.5M
Q2 25
$4.4M
$58.7M
Q1 25
$4.8M
$62.0M
Q4 24
$-8.7M
$76.9M
Q3 24
$-6.2M
$82.0M
Q2 24
$-5.3M
$74.3M
Gross Margin
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
Q3 25
12.4%
Q2 25
14.8%
Q1 25
15.0%
Q4 24
10.9%
Q3 24
13.0%
Q2 24
12.5%
Operating Margin
STKL
STKL
VCTR
VCTR
Q1 26
41.0%
Q4 25
40.9%
Q3 25
3.3%
38.2%
Q2 25
5.5%
26.8%
Q1 25
5.2%
42.3%
Q4 24
1.4%
48.1%
Q3 24
0.5%
53.3%
Q2 24
1.2%
50.4%
Net Margin
STKL
STKL
VCTR
VCTR
Q1 26
28.9%
Q4 25
30.2%
Q3 25
0.4%
26.7%
Q2 25
2.3%
16.7%
Q1 25
2.4%
28.2%
Q4 24
-4.5%
33.1%
Q3 24
-3.5%
36.3%
Q2 24
-3.1%
33.8%
EPS (diluted)
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
$1.33
Q3 25
$0.01
$1.11
Q2 25
$0.03
$0.68
Q1 25
$0.04
$0.96
Q4 24
$-0.08
$1.18
Q3 24
$-0.05
$1.24
Q2 24
$-0.04
$1.12

Balance Sheet & Financial Strength

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

Metric
STKL
STKL
VCTR
VCTR
Cash + ST InvestmentsLiquidity on hand
$2.2M
$75.8M
Total DebtLower is stronger
$250.8M
Stockholders' EquityBook value
$162.8M
$2.4B
Total Assets
$694.1M
$4.1B
Debt / EquityLower = less leverage
1.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STKL
STKL
VCTR
VCTR
Q1 26
$75.8M
Q4 25
$163.7M
Q3 25
$2.2M
$115.7M
Q2 25
$2.2M
$107.9M
Q1 25
$2.3M
$175.6M
Q4 24
$1.6M
$126.7M
Q3 24
$2.9M
$188.2M
Q2 24
$3.2M
$119.0M
Total Debt
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
$970.0M
Q3 25
$250.8M
$972.0M
Q2 25
$263.3M
$965.7M
Q1 25
$260.6M
$964.8M
Q4 24
$265.2M
$963.9M
Q3 24
$289.9M
$982.7M
Q2 24
$303.1M
$981.7M
Stockholders' Equity
STKL
STKL
VCTR
VCTR
Q1 26
$2.4B
Q4 25
$2.4B
Q3 25
$162.8M
$2.4B
Q2 25
$159.8M
$2.5B
Q1 25
$154.8M
$1.1B
Q4 24
$148.6M
$1.1B
Q3 24
$155.0M
$1.2B
Q2 24
$158.8M
$1.1B
Total Assets
STKL
STKL
VCTR
VCTR
Q1 26
$4.1B
Q4 25
$4.2B
Q3 25
$694.1M
$4.2B
Q2 25
$704.9M
$4.2B
Q1 25
$690.7M
$2.6B
Q4 24
$668.5M
$2.5B
Q3 24
$699.3M
$2.6B
Q2 24
$704.7M
$2.5B
Debt / Equity
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
0.40×
Q3 25
1.54×
0.41×
Q2 25
1.65×
0.39×
Q1 25
1.68×
0.84×
Q4 24
1.78×
0.86×
Q3 24
1.87×
0.84×
Q2 24
1.91×
0.87×

Cash Flow & Capital Efficiency

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

Metric
STKL
STKL
VCTR
VCTR
Operating Cash FlowLast quarter
$16.3M
Free Cash FlowOCF − Capex
$12.1M
FCF MarginFCF / Revenue
5.9%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
20.03×
TTM Free Cash FlowTrailing 4 quarters
$36.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
$145.1M
Q3 25
$16.3M
$165.9M
Q2 25
$-4.5M
$-6.6M
Q1 25
$22.3M
$81.1M
Q4 24
$33.1M
$91.8M
Q3 24
$17.2M
$99.8M
Q2 24
$-5.6M
$79.7M
Free Cash Flow
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
$144.5M
Q3 25
$12.1M
$164.8M
Q2 25
$-9.2M
$-7.5M
Q1 25
$9.5M
$79.5M
Q4 24
$24.0M
$91.7M
Q3 24
$11.7M
$99.4M
Q2 24
$-15.3M
$79.5M
FCF Margin
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
38.6%
Q3 25
5.9%
45.6%
Q2 25
-4.8%
-2.1%
Q1 25
4.7%
36.2%
Q4 24
12.4%
39.4%
Q3 24
6.6%
44.0%
Q2 24
-9.0%
36.2%
Capex Intensity
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
0.2%
Q3 25
2.1%
0.3%
Q2 25
2.5%
0.3%
Q1 25
6.3%
0.7%
Q4 24
4.7%
0.1%
Q3 24
3.2%
0.2%
Q2 24
5.7%
0.1%
Cash Conversion
STKL
STKL
VCTR
VCTR
Q1 26
Q4 25
1.29×
Q3 25
20.03×
1.72×
Q2 25
-1.03×
-0.11×
Q1 25
4.63×
1.31×
Q4 24
1.19×
Q3 24
1.22×
Q2 24
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

STKL
STKL

Beverages And Broths$161.4M79%
Fruit Snacks$40.9M20%
Ingredients$3.1M2%

VCTR
VCTR

Investment management fees$316.4M82%
Fund administration and distribution fees$71.6M18%

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