BEYOND MEAT, INC.BYNDEarnings & Financial Report
Beyond Meat, Inc., branded as Beyond, is a producer of plant-based meat alternatives founded in 2009 by Ethan Brown. The company's products were first launched in the United States in 2012.
Revenue
$81.0M
Gross Profit
$14.3M
Operating Profit
$-30.9M
Net Profit
$-26.6M
Gross Margin
17.7%
Operating Margin
-38.2%
Net Margin
-32.8%
YoY Growth
7.6%
EPS
$-0.41
BEYOND MEAT, INC. Q3 FY2024 Financial Summary
BEYOND MEAT, INC. reported revenue of $81.0M (up 7.6% YoY) for Q3 FY2024, with a net profit of $-26.6M (up 62.3% YoY) (-32.8% margin). Cost of goods sold was $66.7M, operating expenses totaled $45.2M.
Key Financial Metrics
| Total Revenue | $81.0M |
|---|---|
| Net Profit | $-26.6M |
| Gross Margin | 17.7% |
| Operating Margin | -38.2% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
BEYOND MEAT, INC. Q3 FY2024 revenue of $81.0M breaks down across 3 segments, led by Sales Channel Directly To Consumer at $35.0M (43.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Directly To Consumer | $35.0M | 43.2% |
| Other | $31.6M | 39.0% |
| Sales Channel Through Intermediary | $14.5M | 17.9% |
BEYOND MEAT, INC. Annual Revenue by Year
BEYOND MEAT, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $275.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $275.5M |
| 2024 | $326.5M |
BEYOND MEAT, INC. Quarterly Revenue & Net Profit History
BEYOND MEAT, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $61.6M | -19.7% | N/A | N/A |
| Q3 FY2025 | $70.2M | -13.3% | $-110.7M | -157.6% |
| Q2 FY2025 | $75.0M | -19.6% | $-29.2M | -39.0% |
| Q1 FY2025 | $68.7M | -9.1% | $-52.9M | -77.0% |
| Q4 FY2024 | $76.7M | — | N/A | N/A |
| Q3 FY2024 | $81.0M | +7.6% | $-26.6M | -32.8% |
| Q2 FY2024 | $93.2M | +1.0% | $-34.5M | -37.0% |
| Q1 FY2024 | $75.6M | — | $-54.4M | -71.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $75.6M | $93.2M | $81.0M | $76.7M | $68.7M | $75.0M | $70.2M | $61.6M |
| YoY Growth | N/A | 1.0% | 7.6% | N/A | -9.1% | -19.6% | -13.3% | -19.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $735.0M | $711.2M | $692.9M | $678.1M | $643.8M | $691.7M | $599.7M | $614.7M |
| Liabilities | $1.30B | $1.30B | $1.30B | $1.28B | $1.29B | $1.37B | $1.38B | $615.7M |
| Equity | $-561.4M | $-590.0M | $-611.9M | $-601.2M | $-649.5M | $-677.0M | $-784.1M | $-997000 |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-31.8M | $-16.0M | $-22.0M | $-29.0M | $-26.1M | $-33.2M | $-38.8M | $-46.8M |