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.
Revenue declined 7.7% year-over-year to $75.3 million.
Gross profit turned positive at $4.4 million, compared to a loss of $7.1 million in Q3 2024.
Operating loss improved to $28.1 million, narrowing from $57.3 million in the prior-year quarter.
Free cash flow was negative $13.9 million, reflecting improved but still constrained liquidity.
Beyond Meat reaffirmed its fiscal 2025 outlook, expecting revenue between $285 million and $310 million and positive gross margin for the full year. The company anticipates further reductions in cash burn and operating expenses as it continues to streamline operations and optimize its pricing strategy.
Visualization of income flow from segment revenue to net income