What is Beyond Meat's operating income?

Beyond Meat's total operating income in 2025 was -$333.62 million, based on the following breakdown: Total Gross Profit: $7.65 million Total Operating Expenses: $341.27 million

Beyond Meat (BYND) Financials

$5.42 -0.51 (-8.53%)

As of 03:36 PM Eastern

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Annual Income Statements for Beyond Meat

This table shows Beyond Meat's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-30	-30	-12	-53	-182	-366	-338	-160	178
Consolidated Net Income / (Loss)	-30	-30	-12	-53	-182	-366	-338	-160	219
Net Income / (Loss) Continuing Operations	-30	-30	-12	-53	-182	-366	-338	-160	219
Total Pre-Tax Income	-30	-30	-12	-53	-179	-347	-334	-160	219
Total Operating Income	-29	-28	-0.49	-49	-175	-343	-342	-156	-334
Total Gross Profit	-2.19	18	100	122	117	-24	-83	42	7.65
Total Revenue	33	88	298	407	465	419	343	326	275
Operating Revenue	33	88	298	407	465	419	343	326	275
Total Cost of Revenue	35	70	198	285	347	443	426	285	268
Operating Cost of Revenue	35	70	198	285	347	443	426	285	268
Total Operating Expenses	26	46	100	172	292	319	259	198	341
Selling, General & Admin Expense	17	34	75	134	209	240	204	170	218
Research & Development Expense	5.72	9.59	21	32	67	62	40	28	23
Impairment Charge	-	-	-	-	-	-	17	0.00	100
Restructuring Charge	3.51	1.52	4.87	6.43	16	17	-0.63	0.00	0.00
Total Other Income / (Expense), net	-1.81	-1.90	-12	-3.34	-4.14	-4.39	7.66	-4.11	553
Interest Expense	1.00	1.13	3.07	2.58	3.65	3.97	3.96	4.10	-535
Other Income / (Expense), net	-0.81	-0.77	-8.87	-0.76	-0.49	-0.42	12	-0.01	18
Income Tax Expense	0.01	0.00	0.01	0.07	0.06	0.03	0.01	-0.03	0.00
Other Gains / (Losses), net	-	-	0.00	0.00	-2.98	-19	-3.90	-	-0.08
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	0.00	0.00	41
Basic Earnings per Share	($5.57)	($4.75)	($0.29)	($0.85)	($2.88)	($5.75)	($5.26)	($2.43)	$1.15
Weighted Average Basic Shares Outstanding	5.46M	6.29M	42.27M	62.29M	63.17M	63.62M	64.30M	66.00M	155.27M
Diluted Earnings per Share	($5.57)	($4.75)	($0.29)	($0.85)	($2.88)	($5.75)	($5.26)	($2.43)	($1.83)
Weighted Average Diluted Shares Outstanding	5.46M	6.29M	42.27M	62.29M	63.17M	63.62M	64.30M	66.00M	180.92M

This table shows Beyond Meat's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/30/2024	6/29/2024	9/28/2024	12/31/2024	3/29/2025	6/28/2025	9/27/2025	12/31/2025	3/28/2026	6/27/2026	9/26/2026
Net Income / (Loss) Attributable to Common Shareholders	-54	-34	-27	-45	-61	-32	-97	371	-28	16	-83
Consolidated Net Income / (Loss)	-54	-34	-27	-45	-61	-32	-97	412	-28	16	-83
Net Income / (Loss) Continuing Operations	-54	-34	-27	-45	-61	-32	-97	412	-28	16	-83
Total Pre-Tax Income	-54	-34	-27	-45	-61	-32	-97	412	-28	16	-83
Total Operating Income	-53	-34	-31	-38	-64	-38	-98	-130	-41	-31	-93
Total Gross Profit	3.67	14	14	10	-6.93	7.92	5.23	-7.11	1.99	5.87	12
Total Revenue	76	93	81	77	69	75	70	62	58	69	65
Operating Revenue	76	93	81	77	69	75	70	62	58	69	65
Total Cost of Revenue	72	79	67	67	76	67	65	69	56	63	52
Operating Cost of Revenue	72	79	67	67	76	67	65	69	56	63	52
Total Operating Expenses	57	48	45	48	57	45	103	123	43	37	105
Selling, General & Admin Expense	47	42	39	41	50	40	47	95	38	32	33
Research & Development Expense	9.86	5.49	6.13	6.67	7.46	5.81	4.92	5.05	5.22	4.19	15
Impairment Charge	-	-	0.00	-	-	-	51	-	-	-	57
Total Other Income / (Expense), net	-0.89	-0.55	4.38	-7.04	3.29	5.73	1.11	542	13	47	10
Interest Expense	1.02	1.03	1.03	1.03	1.02	2.00	4.42	-542	0.67	-51	6.96
Other Income / (Expense), net	0.12	0.48	5.41	-6.02	4.32	7.73	5.52	-0.02	13	-3.93	17
Income Tax Expense	0.00	-0.03	0.01	-	0.00	0.00	0.00	-	0.00	0.00	0.00
Other Gains / (Losses), net	-	-0.03	-0.04	-	-	-	-0.01	-0.00	-	-	-0.01
Basic Earnings per Share	($0.84)	($0.53)	($0.41)	($0.65)	($0.80)	($0.42)	($37.96)	$3.66	($0.06)	$0.03	($4.32)
Weighted Average Basic Shares Outstanding	64.70M	64.90M	65.06M	66.00M	76.19M	76.49M	2.56M	155.27M	455.27M	501.30M	19.15M
Diluted Earnings per Share	($0.84)	($0.53)	($0.41)	($0.65)	($0.80)	($0.42)	($37.96)	$0.68	($0.06)	($0.06)	($4.32)
Weighted Average Diluted Shares Outstanding	64.70M	64.90M	65.06M	66.00M	76.19M	76.49M	2.56M	180.92M	455.27M	591.87M	19.15M
Weighted Average Basic & Diluted Shares Outstanding	64.88M	65.04M	65.20M	76.13M	76.47M	76.65M	453.57M	0.00	515.34M	515.82M	18.76M

This table details how cash moves in and out of Beyond Meat's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	22	15	222	-117	573	-407	-118	-59	68
Net Cash From Operating Activities	-25	-38	-47	-40	-301	-320	-108	-99	-145
Net Cash From Continuing Operating Activities	-25	-38	-47	-40	-301	-320	-108	-99	-145
Net Income / (Loss) Continuing Operations	-30	-30	-12	-53	-182	-366	-338	-160	219
Consolidated Net Income / (Loss)	-30	-30	-12	-53	-182	-366	-338	-160	219
Depreciation Expense	3.18	4.92	8.11	13	22	33	48	23	33
Amortization Expense	0.04	0.11	0.18	0.26	3.32	3.93	3.93	3.93	4.99
Non-Cash Adjustments To Reconcile Net Income	4.48	3.44	25	31	35	64	64	38	-432
Changes in Operating Assets and Liabilities, net	-2.58	-16	-68	-32	-180	-54	115	-4.01	31
Net Cash From Investing Activities	-8.12	-23	-26	-75	-147	-88	-9.49	-6.23	-10
Net Cash From Continuing Investing Activities	-8.12	-23	-26	-75	-147	-88	-9.49	-6.23	-10
Purchase of Property, Plant & Equipment	-7.91	-23	-26	-75	-136	-73	-11	-11	-12
Acquisitions	-	-	0.00	0.00	-11	-13	-3.25	0.00	0.00
Sale of Property, Plant & Equipment	0.00	0.07	-	-	0.00	0.00	4.32	4.35	1.94
Other Investing Activities, net	-0.21	-0.06	-0.25	0.57	-0.52	-0.98	0.00	0.44	0.12
Net Cash From Financing Activities	55	76	295	-1.76	1,022	0.28	-0.55	46	223
Net Cash From Continuing Financing Activities	55	76	295	-1.76	1,022	0.28	-0.55	46	223
Repayment of Debt	-0.72	-5.54	0.00	-58	-49	-	0.00	0.00	-16
Repurchase of Common Equity	0.00	-2.93	-	-	-	-	0.00	0.00	-6.54
Issuance of Debt	13	26	0.00	50	1,150	-	0.00	0.00	100
Issuance of Common Equity	0.00	0.00	292	-	-	0.00	0.00	47	149
Other Financing Activities, net	0.38	7.32	2.61	6.66	-79	0.28	-0.55	-0.95	-3.15
Cash Interest Paid	0.27	0.92	3.02	2.56	0.35	0.01	0.00	0.00	0.00
Cash Income Taxes Paid	0.00	0.00	0.01	0.02	-0.01	0.04	-0.00	0.01	0.00

This table details how cash moves in and out of Beyond Meat's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/30/2024	6/29/2024	9/28/2024	12/31/2024	3/29/2025	6/28/2025	9/27/2025	12/31/2025	3/28/2026	6/27/2026	9/26/2026
Net Change in Cash & Equivalents	-33	-15	-23	12	-31	-0.92	13	87	-11	-20	-17
Net Cash From Operating Activities	-32	-16	-22	-29	-26	-33	-39	-47	-5.03	-18	-14
Net Cash From Continuing Operating Activities	-32	-16	-22	-29	-26	-33	-39	-47	-5.03	-18	-14
Net Income / (Loss) Continuing Operations	-54	-34	-27	-45	-61	-29	-111	412	-28	16	-83
Consolidated Net Income / (Loss)	-54	-34	-27	-45	-61	-29	-111	412	-28	16	-83
Depreciation Expense	6.97	5.21	5.28	5.66	7.42	8.27	9.36	7.73	6.82	6.73	4.53
Amortization Expense	0.98	0.98	0.98	0.98	0.98	0.99	1.02	2.00	1.96	1.69	1.74
Non-Cash Adjustments To Reconcile Net Income	10	8.77	4.35	15	3.54	-2.29	75	-509	-8.14	-41	72
Changes in Operating Assets and Liabilities, net	4.11	3.51	-6.09	-5.53	23	-11	-13	41	23	-1.62	-9.75
Net Cash From Investing Activities	-0.30	1.47	-1.18	-6.22	-4.14	-1.94	-1.92	-2.26	-1.78	-0.51	0.94
Net Cash From Continuing Investing Activities	-0.30	1.47	-1.18	-6.22	-4.14	-1.94	-1.92	-2.26	-1.78	-0.51	0.94
Purchase of Property, Plant & Equipment	-1.20	-1.32	-2.02	-6.48	-4.49	-1.94	-2.91	-2.98	-2.53	-1.49	-1.50
Sale of Property, Plant & Equipment	0.43	2.73	0.94	0.26	0.35	-	0.91	0.69	1.00	0.92	2.64
Other Investing Activities, net	0.47	0.07	-0.10	-0.00	0.00	-	0.08	0.03	-0.26	0.05	-0.20
Net Cash From Financing Activities	-0.94	-0.11	-0.23	47	-0.59	34	54	136	-4.50	-2.12	-3.97
Net Cash From Continuing Financing Activities	-0.94	-0.11	-0.23	47	-0.59	34	54	136	-4.50	-2.12	-3.97
Other Financing Activities, net	-0.94	-0.11	-0.23	0.33	-0.46	-0.78	-0.62	-1.29	-4.50	-2.12	-3.97
Effect of Exchange Rate Changes	-	-	-	-	-	-	-	-	-	-	0.25

This table presents Beyond Meat's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	134	452	468	1,379	1,062	774	678	615
Total Current Assets	103	404	332	1,052	606	373	286	341
Cash & Equivalents	54	276	159	733	310	191	132	204
Restricted Cash	-	-	-	-	0.00	2.83	1.04	4.35
Accounts Receivable	13	40	36	44	34	32	27	26
Inventories, net	30	82	122	242	236	130	113	84
Prepaid Expenses	5.67	5.93	15	33	21	13	11	14
Other Current Nonoperating Assets	-	-	-	-	-	-	1.86	9.39
Plant, Property, & Equipment, net	31	47	0.00	226	257	194	185	0.00
Total Noncurrent Assets	0.40	0.86	136	101	199	208	207	273
Long-Term Investments	-	-	-	8.02	2.33	1.67	1.60	1.52
Other Noncurrent Operating Assets	0.40	0.86	136	93	196	206	205	272
Total Liabilities & Shareholders' Equity	134	452	468	1,379	1,062	774	678	615
Total Liabilities	56	68	101	1,247	1,266	1,288	1,279	616
Total Current Liabilities	25	48	89	94	76	74	61	75
Short-Term Debt	0.04	11	25	-	-	-	-	0.00
Accounts Payable	17	27	53	69	55	56	38	21
Accrued Expenses	5.96	9.70	7.73	21	17	15	12	8.98
Other Current Liabilities	1.92	0.00	3.17	4.46	3.81	3.68	12	45
Total Noncurrent Liabilities	31	20	12	1,153	1,190	1,213	1,218	541
Long-Term Debt	30	20	0.00	1,130	1,134	1,138	1,141	416
Other Noncurrent Operating Liabilities	-	0.57	12	23	56	76	76	125
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-122	384	367	132	-204	-513	-601	-1.00
Total Preferred & Common Equity	-122	384	367	132	-204	-513	-601	-1.00
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-122	384	367	132	-204	-513	-601	-1.00
Common Stock	7.92	526	560	510	544	573	644	1,029
Retained Earnings	-130	-142	-195	-377	-743	-1,081	-1,242	-1,023
Accumulated Other Comprehensive Income / (Loss)	-	0.00	1.75	-0.55	-4.80	-5.25	-3.69	-7.84

This table presents Beyond Meat's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	3/30/2024	6/29/2024	9/28/2024	3/29/2025	6/28/2025	9/27/2025	3/28/2026	6/27/2026	9/26/2026
Total Assets	929	735	711	693	644	692	600	579	560	435
Total Current Assets	472	337	317	297	257	297	289	311	296	267
Cash & Equivalents	218	158	145	122	102	103	117	191	171	155
Restricted Cash	2.69	2.97	0.54	0.56	1.08	1.17	1.17	4.35	5.52	1.14
Accounts Receivable	36	36	34	35	33	37	28	26	26	27
Inventories, net	195	123	120	125	100	111	110	69	63	66
Prepaid Expenses	21	15	16	13	19	43	31	11	21	12
Other Current Nonoperating Assets	-	-	-	-	-	-	-	9.61	8.74	6.45
Plant, Property, & Equipment, net	245	191	187	188	181	0.00	254	207	202	143
Total Noncurrent Assets	212	208	207	207	206	395	57	61	63	26
Long-Term Investments	1.71	1.68	1.65	1.61	1.59	1.53	1.52	1.51	1.49	1.48
Other Noncurrent Operating Assets	211	206	206	206	204	393	55	59	61	24
Total Liabilities & Shareholders' Equity	929	735	711	693	644	692	600	579	560	435
Total Liabilities	1,292	1,296	1,301	1,305	1,293	1,369	1,384	601	503	442
Total Current Liabilities	79	79	84	87	76	90	64	109	112	86
Short-Term Debt	-	-	-	-	-	-	-	29	29	14
Accounts Payable	62	56	59	60	51	69	46	23	25	30
Accrued Expenses	14	11	12	16	14	16	11	51	52	35
Other Current Liabilities	3.08	11	12	11	11	5.73	6.31	6.37	6.16	6.30
Total Noncurrent Liabilities	1,213	1,218	1,218	1,218	1,217	1,279	1,320	492	391	356
Long-Term Debt	1,137	1,139	1,140	1,140	1,142	1,174	1,222	382	294	299
Other Noncurrent Operating Liabilities	77	79	78	78	75	105	98	109	97	57
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-363	-561	-590	-612	-650	-677	-784	-21	57	-6.57
Total Preferred & Common Equity	-363	-561	-590	-612	-650	-677	-784	-21	57	-6.57
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-363	-561	-590	-612	-650	-677	-784	-21	57	-6.57
Common Stock	568	579	584	590	650	654	658	1,037	1,096	1,115
Retained Earnings	-926	-1,136	-1,170	-1,197	-1,294	-1,324	-1,434	-1,051	-1,035	-1,117
Accumulated Other Comprehensive Income / (Loss)	-4.70	-4.58	-4.38	-5.54	-4.73	-7.20	-7.25	-7.46	-4.78	-4.51

This table displays calculated financial ratios and metrics derived from Beyond Meat's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	0.00	61,521,912.00	62,655,659.00	63,330,838.00	63,742,313.00	64,540,906.00	-	453,570,181.00
DEI Adjusted Shares Outstanding	0.00	0.00	61,521,912.00	62,655,659.00	63,330,838.00	63,742,313.00	64,540,906.00	-	453,570,181.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	-0.20	-0.84	-2.88	-5.74	-5.24	-	0.39
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	169.89%	238.77%	36.55%	14.24%	-9.85%	-18.04%	-4.93%	-15.61%
EBITDA Growth	0.00%	9.30%	95.47%	-3,296.75%	-311.60%	-103.86%	9.27%	53.61%	-115.19%
EBIT Growth	0.00%	2.11%	67.44%	-435.13%	-250.11%	-95.64%	3.76%	52.73%	-102.08%
NOPAT Growth	0.00%	2.02%	98.25%	-9,991.00%	-254.51%	-95.94%	0.25%	54.34%	-205.27%
Net Income Growth	0.00%	1.64%	58.37%	-323.95%	-245.21%	-101.06%	7.65%	52.60%	236.65%
EPS Growth	0.00%	14.72%	93.89%	-193.10%	-238.82%	-99.65%	8.52%	53.80%	24.69%
Operating Cash Flow Growth	0.00%	-49.25%	-24.59%	14.90%	-653.52%	-6.26%	66.33%	8.36%	-46.67%
Free Cash Flow Firm Growth	0.00%	0.00%	-14.58%	-51.97%	-218.66%	17.90%	84.96%	-69.36%	-49.29%
Invested Capital Growth	0.00%	0.00%	155.25%	67.91%	123.57%	18.62%	-30.53%	-5.46%	-51.57%
Revenue Q/Q Growth	0.00%	0.00%	29.00%	0.86%	-0.27%	-4.72%	-1.79%	0.92%	-5.19%
EBITDA Q/Q Growth	0.00%	0.00%	87.06%	-166.59%	-48.94%	6.74%	-36.94%	39.85%	-42.82%
EBIT Q/Q Growth	0.00%	0.00%	42.74%	-97.54%	-43.39%	5.40%	-41.05%	41.39%	-37.69%
NOPAT Q/Q Growth	0.00%	0.00%	92.69%	-91.71%	-43.65%	3.37%	-38.52%	44.07%	-97.55%
Net Income Q/Q Growth	0.00%	0.00%	36.00%	-87.55%	-43.60%	3.56%	-35.31%	40.75%	192.14%
EPS Q/Q Growth	0.00%	0.00%	87.00%	-312.50%	-42.57%	3.85%	-35.57%	42.14%	42.09%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-48.33%	43.98%	-60.04%	15.87%	16.53%	-0.42%	-14.04%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	6.34%	-28.31%	14.10%	61.38%	-77.56%	-52.29%
Invested Capital Q/Q Growth	0.00%	0.00%	45.56%	8.47%	15.91%	4.14%	-22.21%	0.26%	-38.52%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	-6.72%	19.99%	33.49%	30.06%	25.24%	-5.67%	-24.07%	12.77%	2.78%
EBITDA Margin	-80.29%	-26.98%	-0.36%	-8.98%	-32.37%	-73.20%	-81.03%	-39.54%	-100.82%
Operating Margin	-87.67%	-31.83%	-0.16%	-12.13%	-37.64%	-81.82%	-99.57%	-47.82%	-121.10%
EBIT Margin	-90.17%	-32.70%	-3.14%	-12.32%	-37.75%	-81.92%	-96.19%	-47.83%	-114.53%
Profit (Net Income) Margin	-93.26%	-33.99%	-4.18%	-12.97%	-39.19%	-87.40%	-98.48%	-49.10%	79.50%
Tax Burden Percent	100.02%	100.00%	100.07%	100.14%	101.70%	105.47%	101.17%	100.03%	99.96%
Interest Burden Percent	103.41%	103.92%	132.80%	105.14%	102.08%	101.16%	101.20%	102.62%	-69.44%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-72.09%	-0.35%	-18.59%	-32.49%	-42.14%	-45.72%	-26.18%	-111.31%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	15.76%	8.65%	-8.99%	-79.42%	-63.01%	-56.92%	-31.41%	-19.33%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-4.75%	-5.03%	4.54%	-40.41%	1,072.75%	140.05%	54.94%	38.57%
Return on Equity (ROE)	0.00%	-76.84%	-5.39%	-14.05%	-72.90%	1,030.60%	94.33%	28.76%	-72.74%
Cash Return on Invested Capital (CROIC)	0.00%	-272.09%	-87.76%	-69.28%	-108.87%	-59.17%	-9.68%	-20.56%	-41.83%
Operating Return on Assets (OROA)	0.00%	-21.50%	-3.20%	-10.89%	-18.99%	-28.11%	-35.97%	-21.50%	-48.81%
Return on Assets (ROA)	0.00%	-22.34%	-4.25%	-11.47%	-19.71%	-29.99%	-36.82%	-22.07%	33.88%
Return on Common Equity (ROCE)	0.00%	120.26%	-3.06%	-14.05%	-72.90%	1,030.60%	94.33%	28.76%	-72.74%
Return on Equity Simple (ROE_SIMPLE)	0.00%	24.55%	-3.24%	-14.37%	-137.44%	179.88%	0.00%	26.66%	0.00%
Net Operating Profit after Tax (NOPAT)	-20	-20	-0.34	-35	-122	-240	-239	-109	-334
NOPAT Margin	-61.37%	-22.28%	-0.11%	-8.49%	-26.35%	-57.27%	-69.70%	-33.48%	-121.10%
Net Nonoperating Expense Percent (NNEP)	0.00%	-87.85%	-9.00%	-9.60%	46.93%	20.86%	11.20%	5.23%	-91.98%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-25.80%	-38.34%	-20.23%	-80.44%
Cost of Revenue to Revenue	106.72%	80.01%	66.51%	69.94%	74.76%	105.67%	124.07%	87.23%	97.22%
SG&A Expenses to Revenue	52.62%	39.19%	25.08%	32.86%	45.08%	57.17%	59.32%	51.98%	79.04%
R&D to Revenue	17.56%	10.90%	6.93%	7.75%	14.41%	14.86%	11.51%	8.62%	8.43%
Operating Expenses to Revenue	80.95%	51.82%	33.65%	42.19%	62.88%	76.15%	75.50%	60.60%	123.87%
Earnings before Interest and Taxes (EBIT)	-29	-29	-9.36	-50	-175	-343	-330	-156	-316
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-26	-24	-1.08	-37	-150	-307	-278	-129	-278
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	12.11	21.33	31.15	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	12.11	21.33	31.15	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	7.39	2.74	15.61	19.25	8.88	1.87	1.67	0.75	1.35
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.09
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	47.86%
Enterprise Value to Invested Capital (EV/IC)	0.00	7.67	31.75	33.04	8.67	2.60	3.53	3.09	2.95
Enterprise Value to Revenue (EV/Rev)	0.00	4.74	14.79	18.92	9.72	3.83	4.42	3.84	2.10
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.40	0.08	0.07	8.53	-5.57	-2.22	-1.90	-416.99
Long-Term Debt to Equity	0.00	0.40	0.05	0.00	8.53	-5.57	-2.22	-1.90	-416.99
Financial Leverage	0.00	-0.30	-0.58	-0.51	0.51	-17.03	-2.46	-1.75	-2.00
Leverage Ratio	0.00	1.72	1.27	1.22	3.70	-34.36	-2.56	-1.30	-2.15
Compound Leverage Factor	0.00	1.79	1.68	1.29	3.77	-34.76	-2.59	-1.34	1.49
Debt to Total Capital	0.00%	28.39%	7.39%	6.38%	89.50%	121.89%	182.25%	211.28%	100.24%
Short-Term Debt to Total Capital	0.00%	0.04%	2.67%	6.38%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	28.35%	4.72%	0.00%	89.50%	121.89%	182.25%	211.28%	100.24%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	183.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-112.08%	92.61%	93.62%	10.50%	-21.89%	-82.25%	-111.28%	-0.24%
Debt to EBITDA	0.00	-1.30	-28.48	-0.68	-7.51	-3.70	-4.09	-8.84	-1.50
Net Debt to EBITDA	0.00	0.99	228.02	3.67	-2.58	-2.68	-3.39	-7.80	-0.74
Long-Term Debt to EBITDA	0.00	-1.30	-18.19	0.00	-7.51	-3.70	-4.09	-8.84	-1.50
Debt to NOPAT	0.00	-1.57	-89.52	-0.72	-9.23	-4.72	-4.75	-10.44	-1.25
Net Debt to NOPAT	0.00	1.20	716.76	3.88	-3.17	-3.42	-3.94	-9.21	-0.62
Long-Term Debt to NOPAT	0.00	-1.57	-57.17	0.00	-9.23	-4.72	-4.75	-10.44	-1.25
Altman Z-Score	0.00	1.87	42.24	47.13	2.35	-0.68	-2.19	-2.33	-2.69
Noncontrolling Interest Sharing Ratio	0.00%	256.51%	43.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	4.09	8.46	3.73	11.17	8.00	5.01	4.66	4.56
Quick Ratio	0.00	2.66	6.63	2.19	8.25	4.54	2.99	2.58	3.07
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-74	-85	-129	-410	-337	-51	-86	-125
Operating Cash Flow to CapEx	-319.59%	-162.71%	-181.32%	-53.00%	-221.66%	-436.92%	-1,727.69%	-1,482.12%	-1,398.14%
Free Cash Flow to Firm to Interest Expense	0.00	-65.56	-27.59	-49.99	-112.48	-84.95	-12.81	-20.95	0.00
Operating Cash Flow to Interest Expense	-25.22	-33.44	-15.30	-15.53	-82.61	-80.75	-27.26	-24.12	0.00
Operating Cash Flow Less CapEx to Interest Expense	-33.11	-53.99	-23.74	-44.82	-119.88	-99.23	-28.84	-25.75	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.66	1.02	0.88	0.50	0.34	0.37	0.45	0.43
Accounts Receivable Turnover	0.00	6.96	11.30	10.70	11.65	10.74	10.42	11.14	10.41
Inventory Turnover	0.00	2.33	3.54	2.80	1.91	1.85	2.33	2.34	2.71
Fixed Asset Turnover	0.00	2.88	7.64	0.00	0.00	1.73	1.52	1.72	1.38
Accounts Payable Turnover	0.00	4.08	8.97	7.11	5.69	7.12	7.65	6.08	9.22
Days Sales Outstanding (DSO)	0.00	52.41	32.29	34.12	31.33	33.98	35.04	32.76	35.06
Days Inventory Outstanding (DIO)	0.00	156.96	103.02	130.42	190.99	196.88	156.80	156.24	134.55
Days Payable Outstanding (DPO)	0.00	89.47	40.68	51.31	64.15	51.26	47.69	59.99	39.58
Cash Conversion Cycle (CCC)	0.00	119.90	94.63	113.22	158.18	179.60	144.15	129.00	130.02
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	54	139	233	521	618	429	406	196
Invested Capital Turnover	0.00	3.24	3.09	2.19	1.23	0.74	0.66	0.78	0.92
Increase / (Decrease) in Invested Capital	0.00	54	84	94	288	97	-189	-23	-208
Enterprise Value (EV)	0.00	417	4,406	7,698	4,515	1,606	1,517	1,252	578
Market Capitalization	241	241	4,651	7,832	4,127	785	574	245	372
Book Value per Share	$0.00	($19.36)	$6.24	$5.86	$2.09	($3.19)	($7.95)	($9.22)	$0.00
Tangible Book Value per Share	$0.00	($19.36)	$6.24	$5.86	$2.09	($3.19)	($7.95)	($9.22)	$0.00
Total Capital	0.00	109	415	392	1,262	930	624	540	415
Total Debt	0.00	31	31	25	1,130	1,134	1,138	1,141	416
Total Long-Term Debt	0.00	31	20	0.00	1,130	1,134	1,138	1,141	416
Net Debt	0.00	-23	-245	-134	388	821	943	1,007	206
Capital Expenditures (CapEx)	7.91	23	26	75	136	73	6.24	6.67	10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	23	91	109	225	221	105	92	58
Debt-free Net Working Capital (DFNWC)	0.00	78	367	268	958	531	298	225	267
Net Working Capital (NWC)	0.00	78	356	243	958	531	298	225	267
Net Nonoperating Expense (NNE)	10	10	12	18	60	126	99	51	-553
Net Nonoperating Obligations (NNO)	0.00	-23	-245	-134	388	821	943	1,007	197
Total Depreciation and Amortization (D&A)	3.22	5.03	8.29	14	25	37	52	27	38
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	26.65%	30.54%	26.83%	48.32%	52.68%	30.62%	28.20%	21.17%
Debt-free Net Working Capital to Revenue	0.00%	88.37%	123.19%	65.95%	206.12%	126.66%	86.93%	68.92%	96.76%
Net Working Capital to Revenue	0.00%	88.32%	119.47%	59.80%	206.12%	126.66%	86.93%	68.92%	96.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($5.57)	($4.75)	($0.29)	$0.00	($2.88)	($5.75)	($5.26)	($2.43)	$1.15
Adjusted Weighted Average Basic Shares Outstanding	5.46M	6.29M	61.85M	0.00	63.17M	63.62M	64.30M	66.00M	155.27M
Adjusted Diluted Earnings per Share	($5.57)	($4.75)	($0.29)	$0.00	($2.88)	($5.75)	($5.26)	($2.43)	($1.83)
Adjusted Weighted Average Diluted Shares Outstanding	5.46M	6.29M	61.85M	0.00	63.17M	63.62M	64.30M	66.00M	180.92M
Adjusted Basic & Diluted Earnings per Share	($5.57)	($4.75)	($0.29)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	5.46M	6.29M	42.27M	0.00	63.46M	64.09M	64.68M	76.13M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-18	-19	3.07	-30	-111	-228	-228	-109	-163
Normalized NOPAT Margin	-53.83%	-21.07%	1.03%	-7.38%	-23.97%	-54.39%	-66.44%	-33.48%	-59.29%
Pre Tax Income Margin	-93.24%	-33.99%	-4.17%	-12.95%	-38.53%	-82.87%	-97.34%	-49.08%	79.53%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-29.32	-25.49	-3.05	-19.45	-48.09	-86.53	-83.51	-38.11	0.00
NOPAT to Interest Expense	-19.96	-17.37	-0.11	-13.41	-33.57	-60.50	-60.51	-26.67	0.00
EBIT Less CapEx to Interest Expense	-37.21	-46.05	-11.49	-48.75	-85.36	-105.01	-85.09	-39.74	0.00
NOPAT Less CapEx to Interest Expense	-27.85	-37.92	-8.55	-42.70	-70.84	-78.98	-62.09	-28.30	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-9.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.98%

This table displays calculated financial ratios and metrics derived from Beyond Meat's official financial filings.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/30/2024	6/29/2024	9/28/2024	12/31/2024	3/29/2025	6/28/2025	9/27/2025	12/31/2025	3/28/2026	6/27/2026	9/26/2026
DEI Shares Outstanding	64,677,261.00	64,884,712.00	65,038,387.00	-	76,131,339.00	76,471,415.00	76,646,121.00	453,570,181.00	453,570,181.00	515,342,392.00	515,818,978.00
DEI Adjusted Shares Outstanding	64,677,261.00	64,884,712.00	65,038,387.00	-	76,131,339.00	76,471,415.00	76,646,121.00	453,570,181.00	453,570,181.00	515,342,392.00	17,193,966.00
DEI Earnings Per Adjusted Shares Outstanding	-0.84	-0.53	-0.41	-	-0.80	-0.38	-1.44	0.82	-0.06	0.03	-4.82
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-18.03%	-8.78%	7.56%	4.04%	-9.09%	-19.56%	-13.32%	-19.66%	-15.31%	-8.17%	-8.10%
EBITDA Growth	4.99%	39.62%	69.28%	69.70%	-13.78%	34.22%	-398.41%	-223.96%	63.19%	-28.18%	15.35%
EBIT Growth	2.67%	35.68%	63.24%	71.56%	-12.56%	18.75%	-316.65%	-197.08%	53.72%	-16.63%	18.07%
NOPAT Growth	7.36%	36.88%	55.60%	76.49%	-20.38%	-2.89%	-263.42%	-391.85%	36.14%	-17.31%	5.25%
Net Income Growth	7.92%	35.56%	62.30%	71.08%	-12.37%	15.19%	-316.50%	1,018.08%	53.37%	151.51%	14.62%
EPS Growth	8.70%	36.14%	62.39%	73.14%	4.76%	28.30%	-251.22%	204.62%	92.50%	85.71%	88.62%
Operating Cash Flow Growth	24.59%	65.32%	-343.51%	-1.43%	17.79%	-107.44%	-75.91%	-61.62%	80.77%	43.04%	67.34%
Free Cash Flow Firm Growth	494.61%	644.87%	1,839.08%	-103.96%	-111.21%	-106.54%	-93.68%	6,889.91%	1,041.11%	1,241.98%	511.72%
Invested Capital Growth	-32.93%	-35.23%	-26.65%	-5.46%	-6.38%	-2.90%	-21.39%	-51.57%	-52.57%	-50.50%	-54.85%
Revenue Q/Q Growth	2.61%	23.26%	-13.07%	-5.37%	-10.34%	9.06%	-6.32%	-12.29%	-5.49%	18.26%	-6.25%
EBITDA Q/Q Growth	63.01%	39.96%	29.42%	-93.29%	-38.91%	58.77%	-434.80%	-25.64%	84.22%	-38.41%	-164.42%
EBIT Q/Q Growth	65.38%	37.29%	23.76%	-71.84%	-37.03%	47.61%	-290.95%	-22.52%	78.65%	-24.98%	-118.37%
NOPAT Q/Q Growth	66.75%	36.55%	8.91%	-22.33%	-70.25%	37.88%	-221.75%	-65.56%	77.90%	-7.07%	-111.23%
Net Income Q/Q Growth	64.95%	36.57%	22.92%	-68.81%	-36.17%	44.74%	-278.52%	472.10%	-106.92%	157.59%	-604.93%
EPS Q/Q Growth	65.29%	36.90%	22.64%	-58.54%	-23.08%	44.93%	-278.95%	147.22%	-108.82%	0.00%	-7,100.00%
Operating Cash Flow Q/Q Growth	-11.43%	49.67%	-37.72%	-31.32%	9.69%	-27.01%	-16.78%	-20.65%	89.25%	-260.54%	22.21%
Free Cash Flow Firm Q/Q Growth	118.37%	17.44%	-35.73%	-102.40%	-1,519.30%	1.12%	162.13%	885.00%	124.44%	-4.99%	-34.30%
Invested Capital Q/Q Growth	-3.41%	-2.92%	0.56%	0.26%	-3.90%	0.68%	-18.59%	-38.52%	-5.88%	5.08%	-25.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	4.85%	14.72%	17.66%	13.05%	-10.08%	11.46%	10.30%	-11.54%	3.41%	8.53%	19.25%
EBITDA Margin	-60.05%	-29.25%	-23.75%	-48.51%	-75.15%	-23.92%	-136.55%	-195.60%	-32.67%	-38.23%	-107.84%
Operating Margin	-70.73%	-36.41%	-38.16%	-49.32%	-93.66%	-46.58%	-159.97%	-211.37%	-70.62%	-44.76%	-144.06%
EBIT Margin	-70.57%	-35.90%	-31.48%	-57.17%	-87.37%	-36.26%	-151.33%	-211.39%	-47.75%	-50.47%	-117.55%
Profit (Net Income) Margin	-71.90%	-37.00%	-32.81%	-58.52%	-88.88%	-39.01%	-157.63%	668.74%	-48.93%	23.83%	-128.36%
Tax Burden Percent	99.99%	99.99%	100.17%	100.03%	100.02%	100.20%	100.01%	100.00%	100.06%	99.90%	100.01%
Interest Burden Percent	101.90%	103.08%	104.03%	102.34%	101.71%	107.37%	104.16%	-316.35%	102.42%	-47.27%	109.18%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-31.33%	-15.82%	-18.07%	-27.00%	-52.20%	-24.77%	-90.04%	-194.29%	-45.78%	-39.66%	-110.58%
ROIC Less NNEP Spread (ROIC-NNEP)	-33.16%	-16.95%	-18.58%	-28.89%	-53.80%	-25.24%	-93.06%	-104.07%	-45.74%	-31.82%	-113.41%
Return on Net Nonoperating Assets (RNNOA)	75.21%	36.46%	36.81%	50.53%	89.45%	41.04%	141.25%	207.66%	84.76%	61.79%	179.65%
Return on Equity (ROE)	43.88%	20.63%	18.74%	23.53%	37.25%	16.27%	51.21%	13.37%	38.98%	22.13%	69.07%
Cash Return on Invested Capital (CROIC)	-6.35%	-0.71%	-10.11%	-20.56%	-22.54%	-25.27%	-22.78%	-41.83%	-37.17%	-36.40%	-53.72%
Operating Return on Assets (OROA)	-26.79%	-13.58%	-12.56%	-25.70%	-40.50%	-15.58%	-68.04%	-90.09%	-20.69%	-20.87%	-57.50%
Return on Assets (ROA)	-27.29%	-14.00%	-13.08%	-26.30%	-41.20%	-16.76%	-70.87%	285.00%	-21.20%	9.86%	-62.79%
Return on Common Equity (ROCE)	43.88%	20.63%	18.74%	23.53%	37.25%	16.27%	51.21%	13.37%	38.98%	22.13%	69.07%
Return on Equity Simple (ROE_SIMPLE)	59.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-37	-24	-22	-26	-45	-24	-79	-130	-29	-31	-65
NOPAT Margin	-49.51%	-25.49%	-26.71%	-34.53%	-65.56%	-32.60%	-111.98%	-211.37%	-49.43%	-44.76%	-100.84%
Net Nonoperating Expense Percent (NNEP)	1.83%	1.12%	0.51%	1.89%	1.59%	0.47%	3.03%	-90.22%	-0.05%	-7.84%	2.84%
Return On Investment Capital (ROIC_SIMPLE)	-6.49%	-4.32%	-4.09%	-4.90%	-9.14%	-4.92%	-17.95%	-31.39%	-7.37%	-8.10%	-21.17%
Cost of Revenue to Revenue	95.15%	85.28%	82.34%	86.95%	110.08%	88.54%	89.70%	111.54%	96.59%	91.47%	80.75%
SG&A Expenses to Revenue	62.54%	45.25%	48.25%	53.67%	72.72%	50.29%	53.02%	154.51%	65.06%	47.20%	51.13%
R&D to Revenue	13.04%	5.89%	7.57%	8.70%	10.86%	7.75%	7.00%	8.20%	8.97%	6.09%	23.69%
Operating Expenses to Revenue	75.58%	51.13%	55.82%	62.38%	83.58%	58.04%	170.27%	199.82%	74.03%	53.29%	163.31%
Earnings before Interest and Taxes (EBIT)	-53	-33	-26	-44	-60	-27	-106	-130	-28	-35	-76
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-45	-27	-19	-37	-52	-18	-96	-120	-19	-26	-70
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.99	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.99	0.00
Price to Revenue (P/Rev)	1.64	1.37	1.44	0.75	0.75	0.87	0.75	1.35	1.09	1.31	0.57
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.09	1.37	1.31	0.53
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	47.86%	72.89%	76.18%	190.18%
Enterprise Value to Invested Capital (EV/IC)	3.65	3.55	3.66	3.09	3.29	3.40	4.15	2.95	2.74	2.51	2.09
Enterprise Value to Revenue (EV/Rev)	4.63	4.49	4.58	3.84	3.99	4.41	4.55	2.10	1.90	1.87	1.19
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-2.03	-1.93	-1.86	-1.90	-1.76	-1.73	-1.56	-416.99	-19.52	5.71	-47.78
Long-Term Debt to Equity	-2.03	-1.93	-1.86	-1.90	-1.76	-1.73	-1.56	-416.99	-18.13	5.19	-45.58
Financial Leverage	-2.27	-2.15	-1.98	-1.75	-1.66	-1.63	-1.52	-2.00	-1.85	-1.94	-1.58
Leverage Ratio	-2.11	-1.89	-1.66	-1.30	-1.14	-1.11	-0.93	-2.15	-1.82	-2.02	-1.31
Compound Leverage Factor	-2.15	-1.95	-1.73	-1.33	-1.16	-1.19	-0.96	6.79	-1.87	0.95	-1.43
Debt to Total Capital	197.28%	207.38%	215.77%	211.28%	231.77%	236.24%	278.97%	100.24%	105.40%	85.09%	102.14%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.54%	7.74%	4.70%
Long-Term Debt to Total Capital	197.28%	207.38%	215.77%	211.28%	231.77%	236.24%	278.97%	100.24%	97.86%	77.34%	97.43%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-97.28%	-107.38%	-115.77%	-111.28%	-131.77%	-136.24%	-178.97%	-0.24%	-5.40%	14.91%	-2.14%
Debt to EBITDA	-4.13	-4.42	-5.31	-8.84	-8.44	-9.96	-6.28	-1.50	-1.68	-1.29	-1.32
Net Debt to EBITDA	-3.54	-3.85	-4.74	-7.80	-7.67	-9.06	-5.67	-0.74	-0.88	-0.58	-0.66
Long-Term Debt to EBITDA	-4.13	-4.42	-5.31	-8.84	-8.44	-9.96	-6.28	-1.50	-1.56	-1.17	-1.26
Debt to NOPAT	-4.82	-5.12	-5.84	-10.44	-9.77	-10.49	-7.24	-1.25	-1.33	-1.07	-1.05
Net Debt to NOPAT	-4.13	-4.46	-5.20	-9.21	-8.88	-9.54	-6.53	-0.62	-0.69	-0.48	-0.52
Long-Term Debt to NOPAT	-4.82	-5.12	-5.84	-10.44	-9.77	-10.49	-7.24	-1.25	-1.23	-0.97	-1.00
Altman Z-Score	-1.29	-1.42	-1.49	-1.78	-2.18	-1.90	-2.90	-1.70	-1.53	-1.53	-2.89
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.27	3.80	3.43	4.66	3.39	3.29	4.54	4.56	2.85	2.63	3.12
Quick Ratio	2.46	2.15	1.81	2.58	1.78	1.56	2.28	3.07	1.99	1.76	2.13
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	166	195	125	-3.01	-19	-13	7.93	78	175	167	109
Operating Cash Flow to CapEx	-4,141.28%	0.00%	-2,033.86%	-465.47%	-632.00%	-1,713.57%	-1,940.12%	-2,041.58%	-329.70%	-3,202.83%	0.00%
Free Cash Flow to Firm to Interest Expense	163.69	189.61	121.99	-2.94	-18.19	-6.37	1.79	0.00	260.79	0.00	15.71
Operating Cash Flow to Interest Expense	-31.34	-15.56	-21.45	-28.25	-25.53	-16.59	-8.78	0.00	-7.48	0.00	-2.03
Operating Cash Flow Less CapEx to Interest Expense	-32.09	-14.19	-22.50	-34.31	-29.57	-17.56	-9.23	0.00	-9.75	0.00	-1.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.38	0.38	0.40	0.45	0.46	0.43	0.45	0.43	0.43	0.41	0.49
Accounts Receivable Turnover	8.37	7.45	9.18	11.14	9.27	8.39	9.28	10.41	8.95	8.21	9.15
Inventory Turnover	2.39	2.40	2.35	2.34	2.59	2.34	2.26	2.71	2.94	2.81	2.63
Fixed Asset Turnover	1.48	1.45	1.49	1.72	1.72	0.00	1.31	1.38	1.37	0.00	1.28
Accounts Payable Turnover	8.50	7.91	6.18	6.08	5.43	4.20	5.03	9.22	6.80	5.21	6.07
Days Sales Outstanding (DSO)	43.59	48.98	39.74	32.76	39.35	43.48	39.31	35.06	40.77	44.46	39.90
Days Inventory Outstanding (DIO)	152.81	152.28	155.34	156.24	140.83	156.01	161.66	134.55	124.13	129.96	138.63
Days Payable Outstanding (DPO)	42.96	46.13	59.03	59.99	67.28	86.87	72.59	39.58	53.70	70.10	60.15
Cash Conversion Cycle (CCC)	153.44	155.13	136.05	129.00	112.90	112.63	128.39	130.02	111.20	104.32	118.38
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	415	402	405	406	388	391	318	196	184	193	144
Invested Capital Turnover	0.63	0.62	0.68	0.78	0.80	0.76	0.80	0.92	0.93	0.89	1.10
Increase / (Decrease) in Invested Capital	-204	-219	-147	-23	-26	-12	-87	-208	-204	-197	-174
Enterprise Value (EV)	1,511	1,428	1,482	1,252	1,277	1,329	1,321	578	504	485	300
Market Capitalization	536	435	466	245	239	262	218	372	289	340	144
Book Value per Share	($8.68)	($9.09)	($9.41)	($9.22)	($8.53)	($8.85)	($10.23)	$0.00	($0.05)	$0.11	($0.01)
Tangible Book Value per Share	($8.68)	($9.09)	($9.41)	($9.22)	($8.53)	($8.85)	($10.23)	$0.00	($0.05)	$0.11	($0.01)
Total Capital	577	549	529	540	493	497	438	415	391	381	307
Total Debt	1,139	1,140	1,140	1,141	1,142	1,174	1,222	416	412	324	314
Total Long-Term Debt	1,139	1,140	1,140	1,141	1,142	1,174	1,222	416	382	294	299
Net Debt	976	992	1,017	1,007	1,038	1,068	1,102	206	215	145	157
Capital Expenditures (CapEx)	0.77	-1.41	1.08	6.22	4.14	1.94	2.00	2.29	1.53	0.57	-1.14
Debt-free, Cash-free Net Working Capital (DFCFNWC)	97	88	89	92	78	102	107	58	36	36	40
Debt-free Net Working Capital (DFNWC)	258	234	211	225	181	207	225	267	231	213	196
Net Working Capital (NWC)	258	234	211	225	181	207	225	267	202	183	181
Net Nonoperating Expense (NNE)	17	11	4.94	18	16	4.80	32	-542	-0.29	-47	18
Net Nonoperating Obligations (NNO)	976	992	1,017	1,007	1,038	1,068	1,102	197	205	137	150
Total Depreciation and Amortization (D&A)	7.95	6.20	6.27	6.64	8.40	9.25	10	9.73	8.78	8.42	6.27
Debt-free, Cash-free Net Working Capital to Revenue	29.63%	27.80%	27.37%	28.20%	24.45%	33.94%	36.66%	21.17%	13.62%	13.90%	15.86%
Debt-free Net Working Capital to Revenue	78.87%	73.56%	65.17%	68.92%	56.75%	68.67%	77.43%	96.76%	87.35%	82.24%	77.38%
Net Working Capital to Revenue	78.87%	73.56%	65.17%	68.92%	56.75%	68.67%	77.43%	96.76%	76.23%	70.86%	71.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.84)	($0.53)	($0.41)	($0.65)	($0.69)	($0.38)	($1.44)	$3.66	($0.06)	$0.03	($4.32)
Adjusted Weighted Average Basic Shares Outstanding	64.70M	64.90M	65.06M	66.00M	76.19M	76.49M	76.67M	155.27M	455.27M	501.30M	19.15M
Adjusted Diluted Earnings per Share	($0.84)	($0.53)	($0.41)	($0.65)	($0.69)	($0.38)	($1.44)	$0.68	($0.06)	($0.06)	($4.32)
Adjusted Weighted Average Diluted Shares Outstanding	64.70M	64.90M	65.06M	66.00M	76.19M	76.49M	76.67M	180.92M	455.27M	591.87M	19.15M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	64.88M	65.04M	65.20M	76.13M	76.47M	76.65M	453.57M	0.00	515.34M	515.82M	18.76M
Normalized Net Operating Profit after Tax (NOPAT)	-37	-24	-22	-26	-45	-24	-24	-91	-29	-22	-25
Normalized NOPAT Margin	-49.51%	-25.49%	-26.71%	-34.53%	-65.56%	-32.60%	-34.81%	-147.96%	-49.43%	-31.33%	-38.90%
Pre Tax Income Margin	-71.91%	-37.00%	-32.75%	-58.51%	-88.86%	-38.93%	-157.62%	668.74%	-48.91%	23.86%	-128.34%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-52.56	-32.51	-24.81	-42.76	-58.64	-13.58	-24.05	0.00	-41.36	0.00	-10.90
NOPAT to Interest Expense	-36.88	-23.08	-21.05	-25.82	-44.00	-12.21	-17.80	0.00	-42.82	0.00	-9.35
EBIT Less CapEx to Interest Expense	-53.32	-31.15	-25.86	-48.82	-62.68	-14.55	-24.50	0.00	-43.63	0.00	-10.73
NOPAT Less CapEx to Interest Expense	-37.64	-21.72	-22.10	-31.89	-48.04	-13.18	-18.25	0.00	-45.09	0.00	-9.18
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.98%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Beyond Meat’s Q2 2026 results show some sequential improvement, but the company remains financially challenged. Revenue increased to $68.8 million from $58.2 million in Q1 2026, while gross profit improved to $5.9 million from $2.0 million. However, revenue remained below the $75.0 million reported in Q2 2025 and the $93.2 million reported in Q2 2024, continuing a multi-year decline in sales.

Operating losses narrowed to $30.8 million in Q2 from $41.1 million in Q1, helped by lower selling, general and administrative expenses and research and development spending. Nevertheless, the reported $16.4 million net profit was largely driven by a $47.2 million net gain in other income and expense rather than core operations. Investors should therefore be cautious about treating the quarter as evidence of a sustainable return to profitability.

Cash flow remains a major concern. Beyond Meat used $18.1 million in operating cash during Q2, compared with a $5.0 million operating cash outflow in Q1 and a $33.2 million outflow in Q2 2025. Cash and equivalents, including restricted cash, declined by approximately $19.6 million sequentially to $176.9 million. The company had $323.8 million of total debt at quarter-end and continued to carry deeply negative retained earnings of approximately $1.0 billion.

Revenue increased approximately 18% sequentially to $68.8 million in Q2 2026, indicating some near-term improvement in sales momentum.
Gross profit rose to $5.9 million, producing an approximate 8.5% gross margin versus roughly 3.4% in Q1 2026.
The operating loss narrowed to $30.8 million from $41.1 million in Q1, while total operating expenses fell to $36.7 million from $43.1 million.
Current assets of $295.6 million exceeded current liabilities of $112.2 million, providing a current ratio of approximately 2.6.
Shareholders’ equity improved to $56.8 million from negative $21.1 million in Q1, although the improvement coincided with a substantially larger common-stock balance and should be monitored for dilution.
Revenue remains on a declining longer-term trajectory, falling from $93.2 million in Q2 2024 to $75.0 million in Q2 2025 and $68.8 million in Q2 2026.
The company continued to generate negative operating cash flow, using $18.1 million in Q2 2026 after consuming $5.0 million in Q1.
The $16.4 million Q2 net profit was primarily supported by volatile non-operating items, while the core business still posted a $30.8 million operating loss.
Cash and restricted cash declined by approximately $19.6 million during Q2, leaving less than $177 million available against approximately $323.8 million of total debt.
Beyond Meat’s balance sheet continues to reflect substantial accumulated losses, including negative retained earnings of approximately $1.03 billion.

11/12/26 03:37 PM ETAI Generated. May Contain Errors.

Beyond Meat Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Beyond Meat's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Beyond Meat's net income appears to be on a downward trend, with a most recent value of $219.02 million in 2025, compared with -$30.38 million in 2017. The previous period was -$160.28 million in 2024. Find out what analysts predict for Beyond Meat in the coming months.

Beyond Meat's total operating income in 2025 was -$333.62 million, based on the following breakdown:

Total Gross Profit: $7.65 million
Total Operating Expenses: $341.27 million

Over the last 8 years, Beyond Meat's total revenue changed from $32.58 million in 2017 to $275.50 million in 2025, a change of 745.6%.

In the past 12 quarters, Beyond Meat's cash and equivalents has ranged from $102.14 million in Q1 2025 to $217.55 million in Q3 2023, and is currently $154.62 million as of their latest financial filing in Q3 2026.

Beyond Meat had total debt of $415.74 million at the end of 2025, a 63.6% decrease from 2024, and none in 2017.

Over the last 8 years, Beyond Meat's book value per share changed from 0.00 in 2017 to 0.00 in 2025.

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Financial statements for NASDAQ:BYND last updated on 11/10/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Beyond Meat (BYND) Financials

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Beyond Meat Financials - Frequently Asked Questions

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Beyond Meat (BYND) Financials

Annual Income Statements for Beyond Meat

Quarterly Income Statements for Beyond Meat

Annual Cash Flow Statements for Beyond Meat

Quarterly Cash Flow Statements for Beyond Meat

Annual Balance Sheets for Beyond Meat

Quarterly Balance Sheets for Beyond Meat

Annual Metrics And Ratios for Beyond Meat

Quarterly Metrics And Ratios for Beyond Meat

Financials Breakdown Chart

Key Financial Trends

Beyond Meat Financials - Frequently Asked Questions

When does Beyond Meat's fiscal year end?

How has Beyond Meat's net income changed over the last 8 years?

What is Beyond Meat's operating income?

How has Beyond Meat's revenue changed over the last 8 years?

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How has Beyond Meat's book value per share changed over the last 8 years?

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