Beyond Meat, Inc.
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Range $10 – $10
Price Chart
About the company
Beyond Meat, Inc. specializes in the creation, marketing, and distribution of plant-derived meat alternatives, operating both domestically within the United States and across international markets. The company provides a diverse selection of plant-based protein items, spanning categories such as beef, pork, and poultry substitutes.
- CEO
- Ethan Brown
- IPO
- 2019
- Employees
- 589
- HQ
- El Segundo, CA, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $254.92M
- P/E
- -0.78
- PEG
- -0.02
- P/S
- 0.98
- P/B
- 4.37
- EV/EBITDA
- -4.08
- Div Yield
- 0.00%
- Gross Margin
- 1.84%
- Op Margin
- -82.73%
- Net Margin
- 112.03%
- ROE
- -154.97%
- ROIC
- -44.30%
Latest fiscal year · YoY change
- Revenue
- $275.50M-15.6%
- Gross Profit
- $7.65M-81.7%
- Op Income
- $-233,346,000
- Net Income
- $219.91M+237.2%
- EPS
- $34.50+147.3%
- OCF Growth
- -62.5%
- FCF Growth
- -57.4%
- 52W High
- $230.70
- 52W Low
- $10.71
- 50D MA
- $18.28
- 200D MA
- $24.53
- Beta
- 2.79
- RSI (14)
- 46
- Avg Volume
- 1.34M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Beyond Meat said Q2 showed sequential improvement in revenue, margins, and cash use, but core demand remains pressured and the company is leaning on Europe, Canada, and new product adjacencies for growth.· August 5, 2026
- Net revenue was $68.8 million, down 8.2% year over year but above guidance of $60 million to $65 million.
- Gross margin improved to 8.5% from 10.6% a year ago, though management said the quarter still carried more than two points of drag from China-related accelerated depreciation.
- Operating expenses fell to $36.7 million, down 19% year over year, and cash used excluding financing improved to about $18 million, down 44% from the year-ago period.
- U.S. retail and food service remained weak, while Europe and Canada were cited as the clearest near-term growth engines with retail up by double digits in both markets.
- Management reiterated third-quarter net revenue guidance of approximately $60 million to $65 million and emphasized a turnaround focused on growth, innovation, and cost reduction.
Second-quarter 2026 net revenue was $68.8 million, down 8.2% from $75 million a year ago, and above the company’s $60 million to $65 million guidance range. Gross profit was $5.9 million with gross margin of 8.5%, versus $7.9 million and 10.6% in the prior-year quarter. Operating expenses were $36.7 million, down from $45.4 million, and loss from operations improved to $30.8 million from $37.5 million. Net income was $16.4 million, or $0.03 per basic share, versus a net loss of $31.8 million, or $0.42 per share, a year ago, helped by a non-cash $57.7 million gain on debt extinguishment. Adjusted EBITDA was a loss of $27.7 million, compared with a loss of $24.7 million last year. For Q3 2026, management expects net revenue of approximately $60 million to $65 million.
Ethan Brown framed the quarter as incremental progress in a broader turnaround, saying the company is moving across three pillars: investing in Europe and Canada, broadening beyond plant-based meat into nutrition-oriented adjacencies, and improving efficiency and unit economics. He said Europe and Canada are the clearest near-term growth engines and pointed to new launches such as Beyond Steak Filet, Beyond Chicken Pieces Spicy Buffalo, Beyond Breakfast sausage, and Beyond Immerse as examples of the next phase of innovation. His tone was cautiously optimistic: he acknowledged there is “substantial ground still to cover,” but said he feels good about the turnaround trajectory and the opportunity to build momentum in adjacent categories.
Lubi Kutua detailed that net revenue fell 8.2% to $68.8 million, driven mainly by a 9.5% drop in volume, partly offset by a 1.4% increase in net revenue per pound. Gross profit was $5.9 million and gross margin was 8.5%, with $1.6 million of China cessation costs included, while operating expenses were $36.7 million and included $4.7 million of incremental share-based compensation plus a $11 million credit from arbitration settlement. She said cash and cash equivalents, including restricted cash, were $186.1 million and total debt carrying value was $323.8 million at quarter end. She also highlighted improved cash discipline, noting net cash used in operating activities was $23.2 million for the first six months, versus $58 million a year ago, and capex was $4 million versus $6.4 million.
Analysts pressed management on why Europe appears to be performing better than the U.S., and Ethan Brown said the company faces less industry misinformation there and consumers link food choices more closely to climate. He also said strong pockets in Germany, the UK, and the Netherlands support further investment, and pointed to a new Europe leader as a sign of commitment. On costs and inflation, Brown said the key issue is throughput and facility utilization, while Kutua added that some inputs still show inflation but logistics costs have been helped by warehouse consolidation. Both emphasized that more savings should come from automation, the new continuous line in Columbia, and better volume absorption.
The call showed sequential improvement in revenue, gross margin, operating expenses, and cash use, which management framed as evidence the turnaround is taking hold. Europe and Canada were described as real growth engines, and the company highlighted multiple new products and a broader innovation strategy that could open additional markets beyond core plant-based meat.
Core U.S. retail and food service remain under pressure from weak category demand, lower distribution, and what management called misinformation about product health. Management also said lower volume continues to hurt fixed-cost absorption, and it still has “a great deal of work ahead” to improve margins and get to cash flow positive operations.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 96.6%
- Shares Outstanding
- 17.18M
- Float Shares
- 16.60M
of shares held by institutions
263 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for BYND, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Thomas SuozziHouse · NY03 | Buy | Aug 1, 19 | Filing → |
| Kenny MarchantHouse · TX24 | Sell | Nov 12, 20 | Filing → |
| Ron WydenSenate · OR | Sell | Nov 10, 20 | Filing → |
| James R. LangevinHouse · RI02 | Buy | Sep 6, 19 | Filing → |
| James R. LangevinHouse · RI02 | Buy | Aug 1, 19 | Filing → |
| Pat RobertsSenate · KS | Sell | Sep 4, 20 | Filing → |
| Ron WydenSenate · OR | Buy | Aug 5, 20 | Filing → |
| Ron WydenSenate · OR | Buy | Jul 30, 20 | Filing → |
| Pat RobertsSenate · KS | Buy | Jul 1, 20 | Filing → |
| Pat RobertsSenate · KS | Sell | May 11, 20 | Filing → |
| Ron WydenSenate · OR | Buy | May 5, 20 | Filing → |
| Ron WydenSenate · OR | Buy | May 5, 20 | Filing → |
| Pat RobertsSenate · KS | Buy | Apr 29, 20 | Filing → |
| James R. LangevinHouse · RI02 | Buy | Jan 31, 20 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 24.53M | ▲ 19.75M |
| Vanguard Capital Management LLC | 20.81M | ▲ 2.15M |
| Blackrock, Inc. | 9.00M | ▼ 19.61M |
| Morgan Stanley | 8.87M | ▲ 5.37M |
| Ubs Group AG | 7.80M | ▼ 6.22M |
| Aqr Capital Management LLC | 6.85M | ▼ 1.46M |
| Geode Capital Management, LLC | 6.38M | ▼ 4.32M |
| Susquehanna International Group, Llp | 5.06M | ▲ 2.07M |
| Bank Of America Corp | 4.42M | ▲ 3.38M |
| Weiss Asset Management LP | 3.45M | ▲ 3.45M |
| Calamos Advisors LLC | 3.40M | 0 |
| Vanguard Fiduciary Trust Co | 3.14M | ▲ 285.20K |
Held by 73 ETFs
Biggest fund positions in BYND by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jul 13, 26 | KUTUA LUBI | other | 1,209 |
| Jul 10, 26 | LUFKIN PAUL ANDREW | other | 1,107 |
| Jul 1, 26 | Figee Adriaan Gerrit | other | 0 |
| Jun 1, 26 | Ajami Dariush | other | 3,036 |
| Jun 1, 26 | WITTEMAN TERI L | other | 2,007 |
| Jun 1, 26 | KUTUA LUBI | other | 3,553 |
| Jun 1, 26 | Brown Ethan | other | 12,583 |
| May 10, 26 | Kalajian Tony T | other | 236,221 |
| May 20, 26 | Jay Colleen | other | 152,555 |
| May 20, 26 | Wallander Raphael | other | 152,555 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our BYND coverage
Recent articles, reports, and earnings notes.
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Generate BYND report →Beyond Meat Falls 11% on 1-for-30 Reverse Split Reaction, Oatly Slips
247wallst.com · Aug 17
Beyond Meat Bought Itself More Time, But Still Isn't A Sound Business Model
seekingalpha.com · Aug 14
Beyond Meat: Sell Until Financials Improve
seekingalpha.com · Aug 14
Beyond Meat Stock Climbs Following 1-for-30 Reverse Stock Split
benzinga.com · Aug 14
Beyond Meat Announces Effectiveness of 1-for-30 Reverse Stock Split
globenewswire.com · Aug 14
Beyond Meat's Reverse Split: What History Says Usually Happens Next
247wallst.com · Aug 13
Beyond Meat shares collapse to all-time lows as the embattled company announces a reverse stock split
fastcompany.com · Aug 11
Beyond Meat Stock Falls After Announcing 1-for-30 Reverse Stock Split
benzinga.com · Aug 11
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.