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B&G Foods vs Bellring Brands: revenue, profit, margins and growth compared

B&G Foods brought in $1.8B of revenue in fiscal 2026, Bellring Brands $2.3B in fiscal 2025. Revenue changed by -5.4% at B&G Foods and +16.1% at Bellring Brands on the year before, so Bellring Brands grew faster. B&G Foods kept -2.4% of its revenue as net profit, Bellring Brands 9.3%. Free cash flow was $70.7M at B&G Foods and $255.9M at Bellring Brands.

Side by side, latest fiscal year

BGSBRBR
Fiscal year endedFY2026 (January 3, 2026)FY2025 (September 30, 2025)
Revenue$1.8B$2.3B
Revenue growth-5.4%+16.1%
Net income-$43.3M$216.2M
Net margin-2.4%9.3%
Free cash flow$70.7M$255.9M
Free cash flow margin3.9%11.0%
Earnings per share (diluted)-$0.54$1.68
Cash$56.3M$71.8M
Debt$2B$1.1B
Price to earningsn/a4.7
Market value$252M$919.8M
Dividend yield24.52%n/a
Rank by revenue in sector#48 of 93 · Consumer staples#45 of 93 · Consumer staples

Over the years

Revenue
BGS FY2018: $1.7BBGS FY2019: $1.7BBGS FY2020: $2BBGS FY2021: $2.1BBGS FY2022: $2.2BBGS FY2023: $2.1BBGS FY2024: $1.9BBGS FY2026: $1.8BBRBR FY2018: $827.5MBRBR FY2020: $854.4MBRBR FY2020: $988.3MBRBR FY2021: $1.2BBRBR FY2022: $1.4BBRBR FY2023: $1.7BBRBR FY2024: $2BBRBR FY2025: $2.3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BGS $1.8BBRBR $2.3B
Net income
BGS FY2018: $172.4MBGS FY2019: $76.4MBGS FY2020: $132MBGS FY2021: $67.4MBGS FY2022: -$11.4MBGS FY2023: -$66.2MBGS FY2024: -$251.3MBGS FY2026: -$43.3MBRBR FY2018: $0BRBR FY2020: $0BRBR FY2020: $23.5MBRBR FY2021: $27.6MBRBR FY2022: $82.3MBRBR FY2023: $165.5MBRBR FY2024: $246.5MBRBR FY2025: $216.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
BGS -$43.3MBRBR $216.2M
Net margin
BGS FY2018: 10.1%BGS FY2019: 4.6%BGS FY2020: 6.7%BGS FY2021: 3.3%BGS FY2022: -0.5%BGS FY2023: -3.2%BGS FY2024: -13.0%BGS FY2026: -2.4%BRBR FY2018: 0.0%BRBR FY2020: 0.0%BRBR FY2020: 2.4%BRBR FY2021: 2.2%BRBR FY2022: 6.0%BRBR FY2023: 9.9%BRBR FY2024: 12.3%BRBR FY2025: 9.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
BGS -2.4%BRBR 9.3%
Revenue growth
BGS FY2019: -2.4%BGS FY2020: +18.5%BGS FY2021: +4.5%BGS FY2022: +5.2%BGS FY2023: -4.7%BGS FY2024: -6.3%BGS FY2026: -5.4%BRBR FY2020: +3.3%BRBR FY2020: +15.7%BRBR FY2021: +26.2%BRBR FY2022: +10.0%BRBR FY2023: +21.5%BRBR FY2024: +19.8%BRBR FY2025: +16.1%FY19FY20FY21FY22FY23FY24FY25FY26
BGS -5.4%BRBR +16.1%
Free cash flow
BGS FY2018: $167.8MBGS FY2019: $4.1MBGS FY2020: $254.7MBGS FY2021: $50.3MBGS FY2022: -$16.3MBGS FY2023: $222.1MBGS FY2024: $103.7MBGS FY2026: $70.7MBRBR FY2018: $136.2MBRBR FY2020: $95.1MBRBR FY2020: $95.1MBRBR FY2021: $224.5MBRBR FY2022: $19.2MBRBR FY2023: $213.8MBRBR FY2024: $197.8MBRBR FY2025: $255.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
BGS $70.7MBRBR $255.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about B&G Foods and Bellring Brands

Which is bigger by revenue, B&G Foods or Bellring Brands?

Bellring Brands is bigger by revenue: $2.3B in fiscal 2025, against $1.8B for B&G Foods in fiscal 2026.

Which keeps more of its revenue as profit, B&G Foods or Bellring Brands?

B&G Foods had a net margin of -2.4% in fiscal 2026; Bellring Brands had 9.3% in fiscal 2025.

Which grew revenue faster, B&G Foods or Bellring Brands?

In their latest fiscal years revenue changed by -5.4% at B&G Foods and +16.1% at Bellring Brands.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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