| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 70.22 | 6.3% | 13.3% |
| Total Income | 70.22 | 6.3% | 13.3% |
| Expenditure | 182.55 | 66.2% | 63.1% |
| PBT | -110.68 | 279.3% | 317.2% |
| Net Profit | -110.69 | 278.6% | 316.4% |
| OPM | — | ||
| NPM | — | ||
| EPS | -1.44 | 278.9% | 251.2% |
Beyond Meat Reports Q3 2025 Net Revenues of $70.2 Million
04 May 2026 · 4 May, 7:31 am
Summary
Beyond Meat reported a decrease in net revenues for the third quarter of 2025, totaling $70.2 million, a 13.3% decrease compared to the previous year. The company's gross profit margin decreased to 10.3% from 17.7% in the same period last year. The net loss for the quarter was $110.7 million, a significant increase from the $26.6 million loss in the year-ago period. The company is taking measures to accelerate its path to sustainable operations, including cost reductions and strategic growth initiatives.
Key Highlights
- 1
Net revenues for the third quarter of 2025 were $70.2 million, a decrease of 13.3% year-over-year.
- 2
Gross profit was $7.2 million, resulting in a gross margin of 10.3%, compared to 17.7% in the year-ago period.
- 3
Loss from operations was $112.3 million, with an operating margin of -160.0%.
- 4
Net loss amounted to $110.7 million, or $1.44 per common share, compared to a net loss of $26.6 million in the year-ago period.
- 5
Adjusted EBITDA was a loss of $21.6 million, representing -30.8% of net revenues.
- 6
U.S. retail channel net revenues decreased 18.4% to $28.5 million.
- 7
International foodservice channel net revenues increased 2.3% to $15.3 million.
Management Comments
Ethan Brown
"As we approach the end of 2025, we’ve achieved three important building blocks for our broader transformation efforts. These are significantly reducing our overall leverage in connection with the previously announced exchange of substantially all of our 2027 convertible notes; meaningfully extending our debt maturity; and finally, adding substantial liquidity to our balance sheet.” Brown continued “Simultaneously, we are taking equally strong measures to accelerate our path to sustainable operations, including pursuing further and sizable cost reductions, gross margin expansion investments and targeted strategic growth initiatives. Though category headwinds and an accompanying softer top-line continue to weigh on and reverberate throughout our current performance, including our Q3 results, we are closing out the year with a much improved balance sheet, important transformation spadework underway, and genuine optimism and excitement regarding our future.”
Informational and educational content only. Not investment advice.