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别样肉客（BYND）与Vital Farms, Inc.（VITL）财务数据对比。点击上方公司名可切换其他公司
Vital Farms, Inc.的季度营收约是别样肉客的3.5倍（$213.6M vs $61.6M）。Vital Farms, Inc.同比增速更快（28.7% vs -19.7%）。Vital Farms, Inc.自由现金流更多（$-32.1M vs $-49.8M）。过去两年Vital Farms, Inc.的营收复合增速更高（20.2% vs -9.7%）
Beyond Meat是一家植物基人造肉生产企业，由伊森·布朗于2009年创立，品牌简称Beyond。该公司主打各类替代动物肉的植物肉制品，产品于2012年率先在美国上市推出，目前是全球植物肉领域的知名领军品牌。
维塔托摩西乳业有限公司是一家位于乌干达的乳制品加工企业，由聚焦撒哈拉以南非洲的影响力投资基金维塔资本基金，与乌干达本土乳制品生产商托摩西奶牛场共同出资成立。
BYND vs VITL — 直观对比
营收规模更大
VITL
是对方的3.5倍
$61.6M
营收增速更快
VITL
高出48.3%
-19.7%
自由现金流更多
VITL
多$17.6M
$-49.8M
两年增速更快
VITL
近两年复合增速
-9.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $61.6M | $213.6M |
| 净利润 | — | $16.3M |
| 毛利率 | -11.5% | 35.8% |
| 营业利润率 | -211.4% | 10.0% |
| 净利率 | — | 7.6% |
| 营收同比 | -19.7% | 28.7% |
| 净利润同比 | — | 54.3% |
| 每股收益（稀释后） | $0.68 | $0.35 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BYNDVITL
| Q4 25 | $61.6M | $213.6M | ||
| Q3 25 | $70.2M | $198.9M | ||
| Q2 25 | $75.0M | $184.8M | ||
| Q1 25 | $68.7M | $162.2M | ||
| Q4 24 | $76.7M | $166.0M | ||
| Q3 24 | $81.0M | $145.0M | ||
| Q2 24 | $93.2M | $147.4M | ||
| Q1 24 | $75.6M | $147.9M |
净利润BYNDVITL
| Q4 25 | — | $16.3M | ||
| Q3 25 | $-110.7M | $16.4M | ||
| Q2 25 | $-29.2M | $16.6M | ||
| Q1 25 | $-52.9M | $16.9M | ||
| Q4 24 | — | $10.6M | ||
| Q3 24 | $-26.6M | $7.4M | ||
| Q2 24 | $-34.5M | $16.3M | ||
| Q1 24 | $-54.4M | $19.0M |
毛利率BYNDVITL
| Q4 25 | -11.5% | 35.8% | ||
| Q3 25 | 10.3% | 37.7% | ||
| Q2 25 | 11.5% | 38.9% | ||
| Q1 25 | -1.5% | 38.5% | ||
| Q4 24 | 13.1% | 36.1% | ||
| Q3 24 | 17.7% | 36.9% | ||
| Q2 24 | 14.7% | 39.1% | ||
| Q1 24 | 4.9% | 39.8% |
营业利润率BYNDVITL
| Q4 25 | -211.4% | 10.0% | ||
| Q3 25 | -160.0% | 10.8% | ||
| Q2 25 | -46.6% | 12.9% | ||
| Q1 25 | -81.8% | 13.4% | ||
| Q4 24 | -49.3% | 7.8% | ||
| Q3 24 | -38.2% | 6.4% | ||
| Q2 24 | -36.4% | 11.6% | ||
| Q1 24 | -70.7% | 16.3% |
净利率BYNDVITL
| Q4 25 | — | 7.6% | ||
| Q3 25 | -157.6% | 8.3% | ||
| Q2 25 | -39.0% | 9.0% | ||
| Q1 25 | -77.0% | 10.4% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | -32.8% | 5.1% | ||
| Q2 24 | -37.0% | 11.1% | ||
| Q1 24 | -71.9% | 12.9% |
每股收益（稀释后）BYNDVITL
| Q4 25 | $0.68 | $0.35 | ||
| Q3 25 | $-1.44 | $0.36 | ||
| Q2 25 | $-0.38 | $0.36 | ||
| Q1 25 | $-0.69 | $0.37 | ||
| Q4 24 | $-0.65 | $0.23 | ||
| Q3 24 | $-0.41 | $0.16 | ||
| Q2 24 | $-0.53 | $0.36 | ||
| Q1 24 | $-0.84 | $0.43 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $203.9M | $48.8M |
| 总债务越低越好 | $415.7M | — |
| 股东权益账面价值 | $-997.0K | $351.3M |
| 总资产 | $614.7M | $518.7M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BYNDVITL
| Q4 25 | $203.9M | $48.8M | ||
| Q3 25 | $117.3M | $93.8M | ||
| Q2 25 | $103.5M | $108.2M | ||
| Q1 25 | $102.1M | $156.3M | ||
| Q4 24 | $131.9M | $150.6M | ||
| Q3 24 | $121.7M | $149.5M | ||
| Q2 24 | $144.9M | $133.2M | ||
| Q1 24 | $157.9M | $113.8M |
总债务BYNDVITL
| Q4 25 | $415.7M | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.1B | — |
股东权益BYNDVITL
| Q4 25 | $-997.0K | $351.3M | ||
| Q3 25 | $-784.1M | $331.2M | ||
| Q2 25 | $-677.0M | $309.8M | ||
| Q1 25 | $-649.5M | $288.9M | ||
| Q4 24 | $-601.2M | $269.3M | ||
| Q3 24 | $-611.9M | $253.4M | ||
| Q2 24 | $-590.0M | $238.4M | ||
| Q1 24 | $-561.4M | $213.3M |
总资产BYNDVITL
| Q4 25 | $614.7M | $518.7M | ||
| Q3 25 | $599.7M | $481.5M | ||
| Q2 25 | $691.7M | $430.8M | ||
| Q1 25 | $643.8M | $376.9M | ||
| Q4 24 | $678.1M | $359.3M | ||
| Q3 24 | $692.9M | $344.7M | ||
| Q2 24 | $711.2M | $320.5M | ||
| Q1 24 | $735.0M | $300.2M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-46.8M | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $-49.8M | $-32.1M |
| 自由现金流率自由现金流/营收 | -80.8% | -15.1% |
| 资本支出强度资本支出/营收 | 4.8% | 17.8% |
| 现金转化率经营现金流/净利润 | — | 0.35× |
| 过去12个月自由现金流最近4个季度 | $-157.2M | $-48.2M |
8季度趋势，按日历期对齐
经营现金流BYNDVITL
| Q4 25 | $-46.8M | $5.8M | ||
| Q3 25 | $-38.8M | $23.4M | ||
| Q2 25 | $-33.2M | $-761.0K | ||
| Q1 25 | $-26.1M | $5.3M | ||
| Q4 24 | $-29.0M | $14.8M | ||
| Q3 24 | $-22.0M | $10.0M | ||
| Q2 24 | $-16.0M | $16.1M | ||
| Q1 24 | $-31.8M | $23.9M |
自由现金流BYNDVITL
| Q4 25 | $-49.8M | $-32.1M | ||
| Q3 25 | $-41.7M | $-10.6M | ||
| Q2 25 | $-35.1M | $-7.6M | ||
| Q1 25 | $-30.6M | $2.1M | ||
| Q4 24 | $-35.4M | $-3.4M | ||
| Q3 24 | $-24.1M | $6.4M | ||
| Q2 24 | $-17.3M | $10.5M | ||
| Q1 24 | $-33.0M | $22.6M |
自由现金流率BYNDVITL
| Q4 25 | -80.8% | -15.1% | ||
| Q3 25 | -59.4% | -5.3% | ||
| Q2 25 | -46.9% | -4.1% | ||
| Q1 25 | -44.6% | 1.3% | ||
| Q4 24 | -46.2% | -2.0% | ||
| Q3 24 | -29.7% | 4.4% | ||
| Q2 24 | -18.6% | 7.2% | ||
| Q1 24 | -43.7% | 15.3% |
资本支出强度BYNDVITL
| Q4 25 | 4.8% | 17.8% | ||
| Q3 25 | 4.1% | 17.1% | ||
| Q2 25 | 2.6% | 3.7% | ||
| Q1 25 | 6.5% | 1.9% | ||
| Q4 24 | 8.4% | 10.9% | ||
| Q3 24 | 2.5% | 2.5% | ||
| Q2 24 | 1.4% | 3.8% | ||
| Q1 24 | 1.6% | 0.9% |
现金转化率BYNDVITL
| 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× | ||
| Q1 24 | — | 1.26× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BYND
暂无分部数据
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
