BEYOND MEAT, INC.
Business
Beyond Meat, Inc. produces plant-based meat products that replicate the taste, texture and sensory attributes of animal-based meats using proprietary scientific processes. It offers plant-based beef, pork, poultry and value-added meal products in ready-to-cook and ready-to-heat formats, formulated from plant-derived proteins, lipids and other ingredients without GMOs, added hormones or antibiotics and with no cholesterol. The company operates a single reportable operating segment centered on innovation, research and manufacturing of plant-based meats. Its products are sold through retail, mass merchandiser, club, natural retailer and foodservice channels across multiple countries worldwide.
Summary from filing dated 2025-03-05
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenues | 275 | 326 | 343 | 419 | 465 | |
| Cost of goods sold | 268 | 285 | 426 | 443 | 347 | |
| Gross profit (loss) | 8 | 42 | −83 | −24 | 117 | |
| Research and development expenses | 23 | 28 | 40 | 62 | 67 | |
| Selling, general and administrative expenses | 218 | 170 | 204 | 240 | 209 | |
| Loss on write-down of assets held for sale | 49 | 0 | 17 | — | — | |
| Loss from impairment of long-lived assets | 51 | 0 | 0 | — | — | |
| Restructuring expenses | 0 | 0 | −600,000 | 17 | 16 | |
| Total operating expenses | 341 | 198 | 259 | 319 | 292 | |
| Loss from operations | −334 | −156 | −342 | −343 | −175 | |
| Interest expense | −14 | −4 | −4 | −4 | — | |
| Remeasurement of warrant liability | 15 | 0 | 0 | — | — | |
| Remeasurement of derivative liability | −12 | 0 | 0 | — | — | |
| Gain on debt restructuring, net of exchange fees | 549 | 0 | 0 | — | — | |
| Other, net | 15 | −10,000 | 12 | −420,000 | −487,000 | |
| Total other income (expense), net | 553 | −4 | 8 | −4 | −4 | |
| Income (loss) before taxes | 219 | −160 | −334 | −347 | −179 | |
| Income tax (benefit) expense | 0 | −26,000 | 5,000 | 32,000 | 60,000 | |
| Equity in losses of unconsolidated joint venture | 78,000 | 73,000 | 4 | 19 | 3 | |
| Net income (loss) | 219 | −160 | −338 | −366 | −182 | |
| Less: Earnings allocated to participating securities | −41 | 0 | 0 | — | — | |
| Net income (loss) available to common stockholdersbasic (in shares) | 178 | −160 | −338 | — | — | |
| Net income (loss) per share available to common stockholdersbasic (in dollars per share) | 1.15 | −2.43 | −5.26 | −5.75 | −2.88 | |
| Weighted average common shares outstandingBasic (in shares) | 155 | 66 | 64 | 64 | 63 | |
| Net loss per share available to common stockholdersdiluted (in dollars per share) | −1.83 | −2.43 | −5.26 | −5.75 | −2.88 | |
| Weighted average common shares outstandingdiluted (in shares) | 181 | 66 | 64 | 64 | 63 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-09-30 | FY 2025 2025-06-30 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 204 | — | — | 132 | 191 | |
| Restricted cash, current | 4 | — | — | 1 | 3 | |
| Accounts receivable, net | 26 | — | — | 27 | 32 | |
| Inventory | 84 | — | — | 113 | 130 | |
| Prepaid expenses and other current assets | 14 | — | — | 11 | 13 | |
| Assets held for sale | 9 | — | — | 2 | — | |
| Total current assets | 341 | — | — | 286 | 373 | |
| Restricted cash, non-current | 9 | — | — | 13 | 13 | |
| Property, plant and equipment, net | 213 | — | — | 185 | 194 | |
| Operating lease right-of-use assets | 6 | — | — | 124 | 130 | |
| Prepaid lease costs, non-current | 41 | — | — | 68 | 62 | |
| Other non-current assets, net | 3 | — | — | 622,000 | 1 | |
| Investment in unconsolidated joint venture | 2 | — | — | 2 | 2 | |
| Total assets | 615 | — | — | 678 | 774 | |
| Accounts payable | 21 | — | — | 38 | 56 | |
| Current portion of operating lease liabilities | 2 | — | — | 4 | 4 | |
| Accrued expenses and other current liabilities | 9 | — | — | 12 | 10 | |
| Accrued litigation expenses | 39 | — | — | 0 | — | |
| Accrued litigation settlement | 0 | — | — | 7 | 0 | |
| Short-term finance lease liabilities | 4 | — | — | 851,000 | — | |
| Total current liabilities | 75 | — | — | 61 | 74 | |
| Delayed draw term loans, net | 78 | — | — | 0 | — | |
| Delayed draw term loan warrants at fair value | 5 | 20 | 20 | 0 | — | |
| Operating lease liabilities, net of current portion | 4 | — | — | 74 | 76 | |
| Finance lease liabilities | 77 | — | — | 3 | — | |
| 2030 Embedded Derivative liability at fair value | 39 | — | — | 0 | — | |
| Other long-term liabilities | 220,000 | — | — | 0 | 274,000 | |
| Total long-term liabilities | 541 | — | — | 1,218 | 1,213 | |
| Commitments and contingencies (Note 12) | — | — | — | — | — | |
| Preferred stock, par value $0.0001 per share500,000 shares authorized, none issued and outstanding | 0 | — | — | 0 | 0 | |
| Common stock, par value $0.0001 per share3,000,000,000 shares and 500,000,000 shares authorized at December 31, 2025 and 2024, respectively; 453,688,312 shares and 76,065,969 shares issued and outstanding at December 31, 2025 and 2024, respectively | 45,000 | — | — | 8,000 | 6,000 | |
| Additional paid-in capital | 1,029 | — | — | 644 | 573 | |
| Accumulated deficit | −1,023 | — | — | −1,242 | −1,081 | |
| Accumulated other comprehensive loss | −8 | — | — | −4 | −5 | |
| Total stockholders deficit | −997,000 | — | — | −601 | −513 | |
| Total liabilities and stockholders deficit | 615 | — | — | 678 | 774 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Loss from impairment of long-lived assets | 51 | 0 | 0 | — | — | |
| Depreciation and amortization | 33 | 23 | 48 | 33 | 22 | |
| Non-cash lease expense | 4 | 8 | 8 | 5 | 3 | |
| Share-based compensation expense | 31 | 24 | 29 | 34 | 28 | |
| Provision for credit losses | 1,000 | 221,000 | 0 | 0 | — | |
| Amortization of debt issuance costs and debt discount | 5 | 4 | 4 | — | — | |
| Loss on write-down and sale of fixed assets | 49 | 809,000 | 21 | — | — | |
| Write-down of note receivable | 136,000 | 0 | 4 | 0 | — | |
| Gain on debt restructuring, net of exchange fees | −558 | 0 | 0 | — | — | |
| Unrealized (gains) losses on foreign currency transactions | −12 | 5 | −2 | 5 | 0 | |
| Paid-in-kind interest | 5 | 0 | 0 | — | — | |
| Accounts receivable | 2 | 4 | 3 | 9 | −8 | |
| Inventories | 32 | 16 | 106 | 3 | −123 | |
| Prepaid expenses and other current assets | −5 | 2 | 13 | 12 | −21 | |
| Accounts payable | −15 | −21 | 3 | −11 | 22 | |
| Accrued expenses and other current liabilities | 29 | 5 | −2 | −7 | 14 | |
| Prepaid lease costs, non-current | −8 | −7 | −4 | −55 | −59 | |
| Operating lease liabilities | −3 | −3 | −3 | −4 | −3 | |
| Long-term liabilities | 220,000 | 0 | 0 | — | 0 | |
| Net cash used in operating activities | −145 | −99 | −108 | −320 | −301 | |
| Purchases of property, plant and equipment | −12 | −11 | −11 | −70 | −136 | |
| Proceeds from sale of fixed assets | 2 | 4 | 4 | 0 | — | |
| Proceeds from note receivable on assets previously held for sale | 84,000 | 0 | 0 | 0 | 0 | |
| Payments for investment in joint venture | 0 | 0 | −3 | −13 | −11 | |
| Proceeds from security deposits | 32,000 | 435,000 | 0 | −981,000 | — | |
| Net cash used in investing activities | −10 | −6 | −9 | −88 | −147 | |
| Proceeds from issuance of common stock pursuant to the ATM Program, net of issuance costs | 149 | 47 | 0 | 0 | 0 | |
| Proceeds from delayed draw term loans, net of issuance costs | 100 | 0 | 0 | — | — | |
| Payment of debt issuance costs | −16 | 0 | 0 | 0 | −24 | |
| Payment of equity issuance costs | −7 | 0 | 0 | — | — | |
| Principal payments under finance lease obligations | −3 | −1 | −223,000 | −210,000 | −177,000 | |
| Proceeds from exercise of stock options | 6,000 | 924,000 | 170,000 | 2 | 8 | |
| Payments of minimum withholding taxes on net share settlement of equity awards | −424,000 | −695,000 | −497,000 | −1 | −3 | |
| Net cash provided by (used in) financing activities | 223 | 46 | −550,000 | 276,000 | 1,022 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 68 | −59 | −118 | −407 | 573 | |
| Effect of foreign currency exchange rate changes on cash | 4 | −1 | 1 | −3 | 694,000 | |
| Interest | 0 | 0 | 0 | 10,000 | 348,000 | |
| Taxes | 0 | 6,000 | −1,000 | 38,000 | −10,000 | |
| Issuance of common stock in conjunction with the exchange of 2027 Notes | 215 | 0 | 0 | — | 3 | |
| Re-classification of prepaid issuance costs to additional paid-in-capital related to ATM program | 2 | 0 | 0 | — | — | |
| Issuance of 2030 Notes in conjunction with the exchange of 2027 Notes, including PIK | 334 | 0 | 0 | — | — | |
| Conversion of 2030 Notes to common stock | 3,000 | 0 | 0 | — | — | |
| Issuance of common stock warrants in connection with delayed draw term loans | 17 | 0 | 0 | — | — | |
| Non-cash additions to property, plant and equipment | 551,000 | 3 | 909,000 | 4 | 5 | |
| Issuance costs of convertible debt, accrued not yet paid | 187,000 | 0 | 0 | — | — | |
| Operating lease right-of-use assets obtained in exchange for lease liabilities | 2 | 2 | 36 | 37 | 17 | |
| Reclassification of pre-paid lease costs to finance lease right-of-use assets | 0 | 131,000 | 28 | 29 | 0 | |
| Reclassification of pre-paid lease costs to finance lease right-of-use assets | 20 | 0 | 0 | — | — | |
| Reclassification of operating lease right-of-use assets to finance lease right-of-use assets | 116 | 0 | 0 | — | — | |
| Non-cash addition to financing leases | 10 | 4 | 0 | 280,000 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BEYOND MEAT, INC.'s CIK number?
BEYOND MEAT, INC.'s SEC CIK number is 0001655210 (1655210). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BEYOND MEAT, INC.'s SEC filings?
All of BEYOND MEAT, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BEYOND MEAT, INC. last report earnings?
BEYOND MEAT, INC. (BYND) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001655210-26-000033). This is BEYOND MEAT, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is BEYOND MEAT, INC.'s most recent earnings 8-K?
BEYOND MEAT, INC.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001655210-26-000033. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BEYOND MEAT, INC.'s latest earnings 8-K →
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