vs
别样肉客（BYND）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是别样肉客的1.9倍（$117.3M vs $61.6M），null同比增速更快（5.3% vs -19.7%），过去两年别样肉客的营收复合增速更高（-9.7% vs -14.4%）
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。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
BYND vs SWIM — 直观对比
营收规模更大
SWIM
是对方的1.9倍
$61.6M
营收增速更快
SWIM
高出24.9%
-19.7%
两年增速更快
BYND
近两年复合增速
-14.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $61.6M | $117.3M |
| 净利润 | — | $-8.5M |
| 毛利率 | -11.5% | 31.7% |
| 营业利润率 | -211.4% | — |
| 净利率 | — | -7.3% |
| 营收同比 | -19.7% | 5.3% |
| 净利润同比 | — | -43.1% |
| 每股收益（稀释后） | $0.68 | $-0.07 |
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BYNDSWIM
| Q1 26 | — | $117.3M | ||
| Q4 25 | $61.6M | $100.0M | ||
| Q3 25 | $70.2M | $161.9M | ||
| Q2 25 | $75.0M | $172.6M | ||
| Q1 25 | $68.7M | $111.4M | ||
| Q4 24 | $76.7M | $87.3M | ||
| Q3 24 | $81.0M | $150.5M | ||
| Q2 24 | $93.2M | $160.1M |
净利润BYNDSWIM
| Q1 26 | — | $-8.5M | ||
| Q4 25 | — | $-7.0M | ||
| Q3 25 | $-110.7M | $8.1M | ||
| Q2 25 | $-29.2M | $16.0M | ||
| Q1 25 | $-52.9M | $-6.0M | ||
| Q4 24 | — | $-29.2M | ||
| Q3 24 | $-26.6M | $5.9M | ||
| Q2 24 | $-34.5M | $13.3M |
毛利率BYNDSWIM
| Q1 26 | — | 31.7% | ||
| Q4 25 | -11.5% | 28.0% | ||
| Q3 25 | 10.3% | 35.4% | ||
| Q2 25 | 11.5% | 37.1% | ||
| Q1 25 | -1.5% | 29.5% | ||
| Q4 24 | 13.1% | 24.6% | ||
| Q3 24 | 17.7% | 32.4% | ||
| Q2 24 | 14.7% | 33.1% |
营业利润率BYNDSWIM
| Q1 26 | — | — | ||
| Q4 25 | -211.4% | -10.7% | ||
| Q3 25 | -160.0% | 13.3% | ||
| Q2 25 | -46.6% | 14.3% | ||
| Q1 25 | -81.8% | -4.4% | ||
| Q4 24 | -49.3% | -14.9% | ||
| Q3 24 | -38.2% | 8.9% | ||
| Q2 24 | -36.4% | 12.5% |
净利率BYNDSWIM
| Q1 26 | — | -7.3% | ||
| Q4 25 | — | -7.0% | ||
| Q3 25 | -157.6% | 5.0% | ||
| Q2 25 | -39.0% | 9.3% | ||
| Q1 25 | -77.0% | -5.4% | ||
| Q4 24 | — | -33.4% | ||
| Q3 24 | -32.8% | 3.9% | ||
| Q2 24 | -37.0% | 8.3% |
每股收益（稀释后）BYNDSWIM
| Q1 26 | — | $-0.07 | ||
| Q4 25 | $0.68 | $-0.06 | ||
| Q3 25 | $-1.44 | $0.07 | ||
| Q2 25 | $-0.38 | $0.13 | ||
| Q1 25 | $-0.69 | $-0.05 | ||
| Q4 24 | $-0.65 | $-0.24 | ||
| Q3 24 | $-0.41 | $0.05 | ||
| Q2 24 | $-0.53 | $0.11 |
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 | — |
| 总债务越低越好 | $415.7M | $3.3M |
| 股东权益账面价值 | $-997.0K | $396.7M |
| 总资产 | $614.7M | $856.4M |
| 负债/权益比越低杠杆越低 | — | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资BYNDSWIM
| Q1 26 | — | — | ||
| Q4 25 | $203.9M | — | ||
| Q3 25 | $117.3M | — | ||
| Q2 25 | $103.5M | — | ||
| Q1 25 | $102.1M | — | ||
| Q4 24 | $131.9M | — | ||
| Q3 24 | $121.7M | — | ||
| Q2 24 | $144.9M | — |
总债务BYNDSWIM
| Q1 26 | — | $3.3M | ||
| Q4 25 | $415.7M | $279.8M | ||
| Q3 25 | $1.2B | $281.1M | ||
| Q2 25 | $1.2B | $281.5M | ||
| Q1 25 | $1.1B | $306.9M | ||
| Q4 24 | $1.1B | $281.5M | ||
| Q3 24 | $1.1B | $282.8M | ||
| Q2 24 | $1.1B | $282.4M |
股东权益BYNDSWIM
| Q1 26 | — | $396.7M | ||
| Q4 25 | $-997.0K | $405.9M | ||
| Q3 25 | $-784.1M | $408.4M | ||
| Q2 25 | $-677.0M | $398.4M | ||
| Q1 25 | $-649.5M | $381.1M | ||
| Q4 24 | $-601.2M | $387.2M | ||
| Q3 24 | $-611.9M | $416.6M | ||
| Q2 24 | $-590.0M | $408.1M |
总资产BYNDSWIM
| Q1 26 | — | $856.4M | ||
| Q4 25 | $614.7M | $823.2M | ||
| Q3 25 | $599.7M | $844.4M | ||
| Q2 25 | $691.7M | $822.1M | ||
| Q1 25 | $643.8M | $824.6M | ||
| Q4 24 | $678.1M | $794.2M | ||
| Q3 24 | $692.9M | $853.4M | ||
| Q2 24 | $711.2M | $830.0M |
负债/权益比BYNDSWIM
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× |
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 | $-47.7M |
| 自由现金流经营现金流 - 资本支出 | $-49.8M | — |
| 自由现金流率自由现金流/营收 | -80.8% | — |
| 资本支出强度资本支出/营收 | 4.8% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-157.2M | — |
8季度趋势，按日历期对齐
经营现金流BYNDSWIM
| Q1 26 | — | $-47.7M | ||
| Q4 25 | $-46.8M | $23.3M | ||
| Q3 25 | $-38.8M | $51.0M | ||
| Q2 25 | $-33.2M | $36.0M | ||
| Q1 25 | $-26.1M | $-46.9M | ||
| Q4 24 | $-29.0M | $6.2M | ||
| Q3 24 | $-22.0M | $37.2M | ||
| Q2 24 | $-16.0M | $52.4M |
自由现金流BYNDSWIM
| Q1 26 | — | — | ||
| Q4 25 | $-49.8M | $14.1M | ||
| Q3 25 | $-41.7M | $45.2M | ||
| Q2 25 | $-35.1M | $29.1M | ||
| Q1 25 | $-30.6M | $-50.3M | ||
| Q4 24 | $-35.4M | $-98.0K | ||
| Q3 24 | $-24.1M | $33.2M | ||
| Q2 24 | $-17.3M | $47.9M |
自由现金流率BYNDSWIM
| Q1 26 | — | — | ||
| Q4 25 | -80.8% | 14.1% | ||
| Q3 25 | -59.4% | 27.9% | ||
| Q2 25 | -46.9% | 16.8% | ||
| Q1 25 | -44.6% | -45.2% | ||
| Q4 24 | -46.2% | -0.1% | ||
| Q3 24 | -29.7% | 22.1% | ||
| Q2 24 | -18.6% | 29.9% |
资本支出强度BYNDSWIM
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | 9.2% | ||
| Q3 25 | 4.1% | 3.6% | ||
| Q2 25 | 2.6% | 4.0% | ||
| Q1 25 | 6.5% | 3.1% | ||
| Q4 24 | 8.4% | 7.2% | ||
| Q3 24 | 2.5% | 2.7% | ||
| Q2 24 | 1.4% | 2.8% |
现金转化率BYNDSWIM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
