Filing Flows › B&G Foods (BGS) › Q1 2026 › vs Q4 2025
B&G Foods (BGS) Q1 2026 vs Q4 2025 (quarter over quarter)
B&G Foods's revenue fell $131M (-24%) from $540M in Q4 2025 to $409M in Q1 2026.
B&G Foods, Q1 2026: revenue $409M (-4% year over year), operating margin -2.7%, net loss $32.5M, operating cash flow $23.6M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 4.6% | 16.2% | -11.7 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $409M | $540M | −$131M | -24% |
| Income tax benefit | $12.7M | −$5.8M | $18.6M | — |
| Net loss | $32.5M | $15.2M | $17.4M | +114% |
| Costs & expenses | $454M | $555M | −$101M | -18% |
| Operating costs | $420M | $511M | −$91.4M | -18% |
| Interest & other, net | $34.3M | $37.6M | −$3.3M | -9% |
| Cost of revenue | $329M | $417M | −$87.8M | -21% |
| SG&A | $50.2M | $54.0M | −$3.8M | -7% |
| Other operating costs | $40.7M | $40.5M | $169K | +0.4% |
| Operating cash sources | $56.1M | $111M | −$54.5M | -49% |
| Depreciation & amortization | $15.0M | $16.1M | −$1.1M | -7% |
| Share-based compensation | $2.8M | $2.7M | $124K | +5% |
| Working capital & other | $38.3M | $91.8M | −$53.5M | -58% |
| Net loss absorbed | $32.5M | $15.2M | $17.4M | +114% |
| Operating cash flow | $23.6M | $95.4M | −$71.9M | -75% |
| Free cash flow (OCF − capex) | $18.7M | $87.7M | −$68.9M | -79% |
| Capital expenditures | $4.9M | $7.8M | −$2.9M | -37% |
Questions
How much did B&G Foods's revenue grow quarter over quarter in Q1 2026?
B&G Foods's revenue fell $131M (-24%) from $540M in Q4 2025 to $409M in Q1 2026.