---
schema_version: "secwatch.filing_event.v1"
accession: "0001655210-23-000194"
form_type: "8-K"
ticker: "BYND"
cik: "0001655210"
company_name: "BEYOND MEAT, INC."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T04:26:01.625559+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beyond Meat Q2 revenue down 30.5% YoY to $102.1M; net loss of $53.5M

## Summary
- Net revenues $102.1M, -30.5% YoY; gross margin improved to 2.2% from -4.2% YoY.
- Net loss $53.5M ($0.83 loss per share) vs $97.1M ($1.53 loss per share) YoY.
- Adjusted EBITDA loss $40.8M (-40.0% of revenue) vs loss $68.8M (-46.8% of revenue) YoY.
- COGS depreciation reduced by ~$5.1M due to change in estimated useful lives of large manufacturing equipment.
- President and CEO Ethan Brown cited 'ongoing category headwinds' for revenue compression.

## SEC filing metadata
- accession: 0001655210-23-000194
- form_type: 8-K
- ticker: BYND
- cik: 0001655210
- company_name: BEYOND MEAT, INC.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655210/000165521023000194/0001655210-23-000194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655210/000165521023000194/bynd-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001655210-23-000194
- JSON: https://secwatch.observer/filing/0001655210-23-000194.json
- Plain text: https://secwatch.observer/filing/0001655210-23-000194.txt

## Key facts
- Earnings Releases
  BEYOND MEAT, INC. reported second quarter ended July 1, 2023 results: revenue $102.1 million, net income Net loss was $53.5 million, or $0.83 per common share, EPS $(0.83) per common share.
  - Period: second quarter ended July 1, 2023
  - Revenue: $102.1 million
  - Net income: Net loss was $53.5 million, or $0.83 per common share
  - EPS: $(0.83) per common share
  - Result: reported results
  source text: Net revenues were $102.1 million, a decrease of 30.5% year-over-year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655210/000165521023000194/0001655210-23-000194-index.htm

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