---
schema_version: "secwatch.filing_event.v1"
accession: "0001655210-23-000091"
form_type: "8-K"
ticker: "BYND"
cik: "0001655210"
company_name: "BEYOND MEAT, INC."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:33:09.936379+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Beyond Meat Q1 revenue falls 15.7% to $92.2M; net loss $59M, adj EBITDA loss $45.8M

## Summary
- Net revenues $92.2M, down 15.7% YoY; gross margin improved to 6.7% from 0.2%.
- Net loss $59.0M ($0.92/share) vs $100.5M ($1.58) in Q1 2022; loss narrowed.
- Adjusted EBITDA loss $45.8M (-49.6% of revenue) vs -$78.9M (-72.1%) YoY.
- Gross profit aided by $5.1M lower depreciation from change in equipment useful life estimate.
- CEO says strategy to achieve cash-flow positive operations and sustainable growth is showing progress.

## SEC filing metadata
- accession: 0001655210-23-000091
- form_type: 8-K
- ticker: BYND
- cik: 0001655210
- company_name: BEYOND MEAT, INC.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655210/000165521023000091/0001655210-23-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655210/000165521023000091/bynd-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001655210-23-000091
- JSON: https://secwatch.observer/filing/0001655210-23-000091.json
- Plain text: https://secwatch.observer/filing/0001655210-23-000091.txt

## Key facts
- Earnings Releases
  BEYOND MEAT, INC. reported first quarter ended April 1, 2023 results: revenue $92.2 million, net income $59.0 million, or $0.92 per common share, EPS $0.92 per common share.
  - Period: first quarter ended April 1, 2023
  - Revenue: $92.2 million
  - Net income: $59.0 million, or $0.92 per common share
  - EPS: $0.92 per common share
  - Result: reported results
  source text: Net revenues were $92.2 million, a decrease of 15.7% year-over-year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655210/000165521023000091/0001655210-23-000091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.