Beyond Meat reported third-quarter 2025 results showing a year-over-year revenue decrease due to soft demand in U.S. retail and international markets. However, the company achieved a positive gross profit margin and significantly narrowed its net loss through improved cost efficiencies and disciplined expense management.
Beyond Meat experienced a challenging second quarter in 2025, with net revenues decreasing by 19.6% year-over-year to $75.0 million. The company reported a net loss of $29.2 million and an Adjusted EBITDA loss of $22.1 million, reflecting ongoing weak demand in the plant-based meat category, particularly in the U.S. retail channel and certain international foodservice markets. The company is implementing cost-reduction measures, including a workforce reduction, to address the difficult operating environment.
Beyond Meat experienced a challenging first quarter in 2025 with a 9.1% decrease in net revenues to $68.7 million, primarily due to weak category demand in the U.S. retail and foodservice channels. The company reported a gross loss of $1.1 million and an increased operating loss of $56.2 million, impacted by strategic charges and legal fees. Despite the revenue decline, operating expenses were reduced year-over-year. The company also secured $100 million in new senior secured financing as part of efforts to strengthen its balance sheet.
Beyond Meat achieved its second consecutive quarter of year-over-year net revenue growth, significantly expanded its gross margin, and substantially reduced operating expenses in the fourth quarter of 2024. The company also announced further restructuring initiatives, including a reduction-in-force and suspension of operational activities in China, aiming for an EBITDA-positive run-rate by the end of 2026.
Beyond Meat reported a 7.6% increase in net revenues to $81.0 million and a gross profit of $14.3 million, a significant improvement from the previous year. The company also narrowed its operating loss and net loss, driven by increased gross profit and reduced operating expenses. The company expects to increase cash reserves by year-end and pursue further balance sheet restructuring in 2025.
Beyond Meat reported a decrease in net revenues by 8.8% year-over-year, totaling $93.2 million for Q2 2024. However, the company saw improvements in gross profit and a reduction in operating expenses, leading to a smaller net loss compared to the year-ago period. The company is also updating its outlook for the full year 2024.
Beyond Meat reported a decrease in net revenues to $75.6 million, an 18.0% decrease year-over-year. The company's gross profit was $3.7 million, with a gross margin of 4.9%. Net loss was $54.4 million, or $0.84 per common share. The company is focused on reducing operating expenses and cash consumption, bringing production in-house, and launching new products.
Beyond Meat reported a 7.8% decrease in net revenues to $73.7 million for Q4 2023, with a gross loss of $83.9 million primarily due to non-cash charges related to a global operations review. Net loss was $155.1 million, and adjusted EBITDA was a loss of $125.1 million.
Beyond Meat reported a decrease in net revenues by 8.7% year-over-year, with net revenues of $75.3 million. The company experienced a net loss of $70.5 million, an improvement compared to the previous year's net loss of $101.7 million. Gross profit was a loss of $7.3 million, but gross margin improved to -9.6% compared to -18.0% in the year-ago period.
Beyond Meat reported a 30.5% decrease in net revenues to $102.1 million for Q2 2023, driven by weak category demand and a decrease in volume of products sold. However, the company saw improvements in gross profit and reductions in operating expenses and cash consumption.
Beyond Meat reported a decrease in net revenues of 15.7% year-over-year, but showed positive progress in gross profit and reduced net loss. The company's focus on cash-flow positive operations and long-term growth is underway.
Beyond Meat reported a decrease in net revenues by 20.6% to $79.9 million in Q4 2022, with a gross loss of $2.9 million. The company's net loss was $66.9 million, or $1.05 per common share. Despite these challenges, Beyond Meat is focused on margin recovery, operating expense reduction, and inventory management to achieve cash flow positive operations in the second half of 2023.
Beyond Meat reported a 22.5% decrease in net revenues to $82.5 million for the third quarter of 2022, with a gross loss of $14.8 million. The company's net loss was $101.7 million, and adjusted EBITDA was a loss of $73.8 million. The company is implementing measures to achieve cash flow positive operations within the second half of 2023.
Beyond Meat reported a slight decrease in net revenues and a significant net loss for Q2 2022. The results were impacted by increased sales to liquidation channels, higher inventory reserves, and the introduction of Beyond Meat Jerky. Despite inflationary pressures and consumers trading down among proteins, the company recorded its second-largest quarter in terms of net revenues. The company is focused on cost reductions, planned market activities, and strengthening its retail business.
Beyond Meat reported a modest 1.2% increase in net revenues to $109.5 million for Q1 2022, but faced a significant decline in gross profit, resulting in a net loss of $100.5 million. The company's results were impacted by increased trade discounts, list price reductions, and higher manufacturing and logistics costs, alongside investments in marketing and headcount.
Beyond Meat reported a slight decrease in net revenues to $100.7 million for Q4 2021, a net loss of $80.4 million, and an adjusted EBITDA loss of $62.9 million. The company's performance was impacted by reduced U.S. retail channel net revenues, offset by increases in U.S. foodservice and international channel net revenues. Despite the challenges, Beyond Meat emphasized its investments in infrastructure and capabilities for long-term growth.
Beyond Meat reported a 12.7% increase in net revenues to $106.4 million for Q3 2021, driven by international growth which offset decreased U.S. revenues. The company experienced a net loss of $54.8 million, and Adjusted EBITDA was a loss of $36.8 million.
Beyond Meat reported a 31.8% increase in net revenues to $149.4 million for the second quarter of 2021. The growth was driven by increased foodservice channel sales and international retail distribution. However, the company experienced a net loss of $19.7 million, or $0.31 per share.
Beyond Meat reported an 11.4% increase in net revenues to $108.2 million for the first quarter of 2021, driven by growth in the retail channel. Gross profit was $32.7 million, representing 30.2% of net revenues. However, the company experienced a net loss of $27.3 million, or $0.43 per common share.
Beyond Meat reported a 2.7% increase in net revenues to $94.4 million, driven by retail channel growth which was offset by a decline in foodservice channel sales due to COVID-19. The company experienced a net loss of $19.3 million, or $0.31 per share.
Beyond Meat reported a 69% increase in net revenues to a record $113.3 million for the second quarter of 2020. The growth was primarily driven by increased retail channel sales, which offset a reduction in foodservice channel sales due to the COVID-19 pandemic. The company invested in expanded operations, innovation, and targeted pricing measures.
Beyond Meat reported strong first quarter financial results, exceeding expectations despite challenges from the COVID-19 health crisis. Net revenues increased by 141% year-over-year to $97.1 million, and the company achieved a net income of $1.8 million, or $0.03 per diluted share.
Beyond Meat reported strong fourth quarter and full-year 2019 results, with net revenues increasing by 212% year-over-year to $98.5 million in Q4. The company's gross profit improved to $33.5 million, representing a 34.0% gross margin. For the full year, net revenues increased by 239% to $297.9 million.