Beyond Meat BYND
Public, NASDAQ, reports in USD. Founded 2009.
Theme: Artificial meat.
Plant-based burger patties.
2025-08-01 — Never profitable
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 275m USD | -15.6 % | 2.8 % | 8.4 % | -233m USD | -84.7 % | 178m USD | -55.80 | -100.3 | |
| 2024 | 326m USD | -4.8 % | 12.8 % | 8.6 % | -156m USD | -47.8 % | -160m USD | -72.90 | -52.6 | |
| 2023 | 343m USD | -18.1 % | -24.2 % | 11.7 % | -342m USD | -99.7 % | -338m USD | -157.80 | -117.8 | |
| 2022 | 419m USD | – | -5.7 % | 14.9 % | -326m USD | -77.7 % | -366m USD | -172.50 | – | |
| 2026-Q2 | 69m USD | -8.2 % | 8.5 % | 6.1 % | -31m USD | -44.8 % | 16m USD | 0.90 | -52.9 | |
| 2026-Q1 | 58m USD | – | 3.4 % | 9.0 % | -41m USD | -70.6 % | -28m USD | -1.80 | – | |
| 2025-Q4 | 62m USD | – | -11.5 % | 8.2 % | -107m USD | -174.2 % | 371m USD | -8.70 | – | |
| 2025-Q3 | 70m USD | – | 10.3 % | 7.0 % | -35m USD | -49.7 % | -111m USD | -43.20 | – | |
| 2025-Q2 | 75m USD | – | 10.6 % | 7.7 % | -38m USD | -50.0 % | -32m USD | -12.90 | – |
Sources
- 2025: yfinance
- 2024: yfinance
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q3: yfinance
- 2025-Q2: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 69m USD | 75m USD | -6.1m (-8 %) |
| Op. margin | -44.8 % | -50.0 % | +5.3 pts |
| FCF | -20m USD | -34m USD | +14m |
| Op. income | -31m USD | ||
| Net income | 16m USD | ||
| EPS (diluted) | 0.90 |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | -145m USD | 12m USD | -157m USD | -57.1 % | -81.4 % | -233m USD | -182m USD | -60m USD | 68m USD |
| 2024 | -99m USD | 11m USD | -110m USD | -33.6 % | – | – | – | -111m USD | -59m USD |
| 2023 | -108m USD | 11m USD | -118m USD | -34.5 % | – | – | – | -119m USD | -118m USD |
| 2022 | -320m USD | 73m USD | -394m USD | -93.9 % | – | – | – | -394m USD | -407m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 10.13 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 174m USD | 2026-09-15 | |
| 52w high | 230.70 USD | 2026-09-15 | |
| 52w low | 9.81 USD | 2026-09-15 | |
| Off 52w high % | -95.6 % | ||
| P/S | 0.6 | ||
| Lifetime CAGR | -7.0 % |
Notes
- 2025-08-01 opinion Never profitable