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Side-by-side financial comparison of UNITED NATURAL FOODS INC (UNFI) and Block, Inc. (XYZ). Click either name above to swap in a different company.

UNITED NATURAL FOODS INC is the larger business by last-quarter revenue ($7.8B vs $6.3B, roughly 1.3× Block, Inc.). Block, Inc. runs the higher net margin — 1.9% vs -0.1%, a 1.9% gap on every dollar of revenue. On growth, Block, Inc. posted the faster year-over-year revenue change (3.6% vs -0.4%). Block, Inc. produced more free cash flow last quarter ($579.8M vs $-54.0M). Over the past eight quarters, Block, Inc.'s revenue compounded faster (2.4% CAGR vs 0.4%).

United Natural Foods, Inc. (UNFI) is a Providence, Rhode Island–based natural and organic food company. The largest publicly traded wholesale distributor of health and specialty food in the United States and Canada, it is Whole Foods Market's main supplier, with their traffic making up over a third of its revenue in 2018.

Block, Inc. is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.

UNFI vs XYZ — Head-to-Head

Bigger by revenue
UNFI
UNFI
1.3× larger
UNFI
$7.8B
$6.3B
XYZ
Growing faster (revenue YoY)
XYZ
XYZ
+4.0% gap
XYZ
3.6%
-0.4%
UNFI
Higher net margin
XYZ
XYZ
1.9% more per $
XYZ
1.9%
-0.1%
UNFI
More free cash flow
XYZ
XYZ
$633.8M more FCF
XYZ
$579.8M
$-54.0M
UNFI
Faster 2-yr revenue CAGR
XYZ
XYZ
Annualised
XYZ
2.4%
0.4%
UNFI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
UNFI
UNFI
XYZ
XYZ
Revenue
$7.8B
$6.3B
Net Profit
$-4.0M
$115.8M
Gross Margin
13.4%
45.9%
Operating Margin
0.2%
7.8%
Net Margin
-0.1%
1.9%
Revenue YoY
-0.4%
3.6%
Net Profit YoY
81.0%
-94.1%
EPS (diluted)
$-0.06
$0.19

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
UNFI
UNFI
XYZ
XYZ
Q4 25
$7.8B
$6.3B
Q3 25
$7.7B
$6.1B
Q2 25
$8.1B
$6.1B
Q1 25
$8.2B
$5.8B
Q4 24
$7.9B
$6.0B
Q3 24
$8.2B
$6.0B
Q2 24
$7.5B
$6.2B
Q1 24
$7.8B
$6.0B
Net Profit
UNFI
UNFI
XYZ
XYZ
Q4 25
$-4.0M
$115.8M
Q3 25
$-87.0M
$461.5M
Q2 25
$-7.0M
$538.5M
Q1 25
$-3.0M
$189.9M
Q4 24
$-21.0M
$1.9B
Q3 24
$-37.0M
$283.8M
Q2 24
$-21.0M
$195.3M
Q1 24
$-15.0M
$472.0M
Gross Margin
UNFI
UNFI
XYZ
XYZ
Q4 25
13.4%
45.9%
Q3 25
13.4%
43.5%
Q2 25
13.4%
41.9%
Q1 25
13.1%
39.7%
Q4 24
13.2%
38.3%
Q3 24
13.7%
37.6%
Q2 24
13.6%
36.3%
Q1 24
13.3%
35.2%
Operating Margin
UNFI
UNFI
XYZ
XYZ
Q4 25
0.2%
7.8%
Q3 25
-1.0%
6.7%
Q2 25
0.2%
8.0%
Q1 25
0.3%
5.7%
Q4 24
0.1%
0.2%
Q3 24
0.0%
5.4%
Q2 24
0.1%
5.0%
Q1 24
0.2%
4.2%
Net Margin
UNFI
UNFI
XYZ
XYZ
Q4 25
-0.1%
1.9%
Q3 25
-1.1%
7.5%
Q2 25
-0.1%
8.9%
Q1 25
-0.0%
3.3%
Q4 24
-0.3%
32.3%
Q3 24
-0.5%
4.7%
Q2 24
-0.3%
3.2%
Q1 24
-0.2%
7.9%
EPS (diluted)
UNFI
UNFI
XYZ
XYZ
Q4 25
$-0.06
$0.19
Q3 25
$-1.43
$0.74
Q2 25
$-0.12
$0.87
Q1 25
$-0.05
$0.30
Q4 24
$-0.35
$3.06
Q3 24
$-0.63
$0.45
Q2 24
$-0.34
$0.31
Q1 24
$-0.25
$0.74

Balance Sheet & Financial Strength

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

Metric
UNFI
UNFI
XYZ
XYZ
Cash + ST InvestmentsLiquidity on hand
$38.0M
$6.6B
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$1.5B
$22.2B
Total Assets
$7.6B
$39.5B
Debt / EquityLower = less leverage
1.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
UNFI
UNFI
XYZ
XYZ
Q4 25
$38.0M
$6.6B
Q3 25
$44.0M
$8.3B
Q2 25
$52.0M
$6.4B
Q1 25
$44.0M
$7.1B
Q4 24
$37.0M
$8.1B
Q3 24
$40.0M
$8.3B
Q2 24
$39.0M
$7.8B
Q1 24
$34.0M
$5.8B
Total Debt
UNFI
UNFI
XYZ
XYZ
Q4 25
$1.9B
Q3 25
$1.9B
$7.3B
Q2 25
$2.0B
$5.1B
Q1 25
$2.1B
$5.1B
Q4 24
$2.2B
$6.1B
Q3 24
$2.1B
$6.1B
Q2 24
$2.1B
$6.1B
Q1 24
$2.2B
$4.1B
Stockholders' Equity
UNFI
UNFI
XYZ
XYZ
Q4 25
$1.5B
$22.2B
Q3 25
$1.6B
$22.5B
Q2 25
$1.6B
$22.2B
Q1 25
$1.6B
$21.5B
Q4 24
$1.6B
$21.3B
Q3 24
$1.6B
$19.9B
Q2 24
$1.7B
$19.3B
Q1 24
$1.7B
$19.0B
Total Assets
UNFI
UNFI
XYZ
XYZ
Q4 25
$7.6B
$39.5B
Q3 25
$7.6B
$39.2B
Q2 25
$7.6B
$36.9B
Q1 25
$7.7B
$36.4B
Q4 24
$8.0B
$36.8B
Q3 24
$7.5B
$36.4B
Q2 24
$7.6B
$37.5B
Q1 24
$7.7B
$35.6B
Debt / Equity
UNFI
UNFI
XYZ
XYZ
Q4 25
1.24×
Q3 25
1.20×
0.32×
Q2 25
1.21×
0.23×
Q1 25
1.27×
0.24×
Q4 24
1.38×
0.29×
Q3 24
1.27×
0.31×
Q2 24
1.28×
0.32×
Q1 24
1.29×
0.22×

Cash Flow & Capital Efficiency

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

Metric
UNFI
UNFI
XYZ
XYZ
Operating Cash FlowLast quarter
$-38.0M
$621.0M
Free Cash FlowOCF − Capex
$-54.0M
$579.8M
FCF MarginFCF / Revenue
-0.7%
9.3%
Capex IntensityCapex / Revenue
0.2%
0.7%
Cash ConversionOCF / Net Profit
5.36×
TTM Free Cash FlowTrailing 4 quarters
$344.0M
$2.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
UNFI
UNFI
XYZ
XYZ
Q4 25
$-38.0M
$621.0M
Q3 25
$160.0M
$1.5B
Q2 25
$173.0M
$374.3M
Q1 25
$247.0M
$133.3M
Q4 24
$-110.0M
$13.8M
Q3 24
$199.0M
$684.8M
Q2 24
$125.0M
$519.4M
Q1 24
$183.0M
$489.4M
Free Cash Flow
UNFI
UNFI
XYZ
XYZ
Q4 25
$-54.0M
$579.8M
Q3 25
$86.0M
$1.4B
Q2 25
$119.0M
$343.0M
Q1 25
$193.0M
$101.5M
Q4 24
$-159.0M
$-13.2M
Q3 24
$71.0M
$628.2M
Q2 24
$49.0M
$481.0M
Q1 24
$116.0M
$457.4M
FCF Margin
UNFI
UNFI
XYZ
XYZ
Q4 25
-0.7%
9.3%
Q3 25
1.1%
22.9%
Q2 25
1.5%
5.7%
Q1 25
2.4%
1.8%
Q4 24
-2.0%
-0.2%
Q3 24
0.9%
10.5%
Q2 24
0.7%
7.8%
Q1 24
1.5%
7.7%
Capex Intensity
UNFI
UNFI
XYZ
XYZ
Q4 25
0.2%
0.7%
Q3 25
1.0%
0.8%
Q2 25
0.7%
0.5%
Q1 25
0.7%
0.6%
Q4 24
0.6%
0.4%
Q3 24
1.6%
0.9%
Q2 24
1.0%
0.6%
Q1 24
0.9%
0.5%
Cash Conversion
UNFI
UNFI
XYZ
XYZ
Q4 25
5.36×
Q3 25
3.14×
Q2 25
0.70×
Q1 25
0.70×
Q4 24
0.01×
Q3 24
2.41×
Q2 24
2.66×
Q1 24
1.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

UNFI
UNFI

Natural Segment$4.3B55%
Conventional Segment$3.1B40%
Retail Segment$560.0M7%

XYZ
XYZ

US$5.7B91%
Non Us$560.9M9%

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