| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 58.21 | 15.3% |
| Total Income | 58.21 | 15.3% |
| Expenditure | 99.31 | 20.5% |
| PBT | -28.47 | 46.2% |
| Net Profit | -28.48 | 46.2% |
| OPM | -70.62% | 11.15pp |
| NPM | -48.93% | 28.06pp |
| EPS | -0.06 | 91.3% |
Beyond Meat Reports Q1 2026 Net Revenues of $58.2 Million
07 May 2026 · 7 May, 1:54 am
Summary
Beyond Meat reported a decrease in net revenues for Q1 2026, totaling $58.2 million, a 15.3% decrease year-over-year. The company's gross profit improved to $2.0 million, with a gross margin of 3.4%. Loss from operations was $41.1 million, a reduction from the $64.4 million loss in the prior year. The company is experiencing uncertainty and volatility within its operating environment and expects net revenues for the second quarter of 2026 to be approximately $60 million to $65 million.
Key Highlights
- 1
Beyond Meat's net revenues for the first quarter of 2026 were $58.2 million, a decrease of 15.3% year-over-year.
- 2
Gross profit was $2.0 million, resulting in a gross margin of 3.4%, compared to a gross loss of $6.9 million in the year-ago period.
- 3
Loss from operations was $41.1 million, an improvement from the $64.4 million loss in the same period last year.
- 4
Net loss decreased to $28.5 million, compared to a net loss of $61.1 million in the year-ago period.
- 5
Adjusted EBITDA was a loss of $27.8 million, or -47.7% of net revenues, compared to a loss of $50.5 million in the year-ago period.
- 6
U.S. retail channel net revenues decreased 15.3% to $26.6 million compared to the prior year.
- 7
International retail channel net revenues increased 8.1% to $13.7 million compared to the prior year.
Management Comments
Ethan Brown
”This quarter marked a decisive broadening of our Company aperture to include the rapidly growing functional food and beverage category. Even as we apply our brand, expertise and technology to adjacent markets, we remain highly focused on the performance of our core business, which we believe will deliver substantial long-term value. To this end, we are pleased to report significant operating expense improvement and our lowest quarterly cash use in over two years.” “We look forward to continuing this transformative work across the balance of the year.”
Informational and educational content only. Not investment advice.