---
schema_version: "secwatch.filing_event.v1"
accession: "0001655210-24-000114"
form_type: "8-K"
ticker: "BYND"
cik: "0001655210"
company_name: "BEYOND MEAT, INC."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:41:31.771843+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beyond Meat Q1 net revenues down 18% to $75.6M; net loss $54.4M

## Summary
- Net revenues $75.6M, down 18.0% YoY; gross margin 4.9% vs 6.7% a year ago.
- Net loss $54.4M ($0.84 per share); adjusted net loss $46.9M ($0.72 per share).
- Loss from operations $53.5M; adjusted loss $46.0M excluding $7.5M class action accrual.
- Adjusted EBITDA loss $32.9M (-43.5% of revenue), improved from -$45.8M a year ago.
- Began shipments of Beyond IV (4th-gen burger and beef); production insourcing progressing.

## SEC filing metadata
- accession: 0001655210-24-000114
- form_type: 8-K
- ticker: BYND
- cik: 0001655210
- company_name: BEYOND MEAT, INC.
- filed_at: 2024-05-08T23:59:59+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/1655210/000165521024000114/0001655210-24-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655210/000165521024000114/bynd-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001655210-24-000114
- JSON: https://secwatch.observer/filing/0001655210-24-000114.json
- Plain text: https://secwatch.observer/filing/0001655210-24-000114.txt

## Key facts
- Earnings Releases
  BEYOND MEAT, INC. reported first quarter ended March 30, 2024 results: revenue $75.6 million, net income $54.4 million, EPS $0.84 per common share.
  - Period: first quarter ended March 30, 2024
  - Revenue: $75.6 million
  - Net income: $54.4 million
  - EPS: $0.84 per common share
  - Result: reported results
  source text: Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its first quarter ended March 30, 2024. First Quarter 2024 Financial Highlights 1 • Net revenues were $75.6 million, a decrease of 18.0% year-over-year. • Gross profit was $3.7 million, or gross margin of 4.9%, compared to gross profit of $6.2 million, or gross margin of 6.7%, in the year-ago period. • Loss from operations was $53.5 million, or operating margin of -70.7%, compared to loss from operations of $57.7 million, or operating margin of -62.6%, in the year-ago period. ◦ Adjusted loss from operations was $46.0 million, or adjusted operating margin of -60.8%, reflecting the exclusion of a $7.5 million accrual related to a consumer class action settlement. • Net loss was $54.4 million, or $0.84 per common share, compared to net loss of $59.0 million, or $0.92 per common share, in the year-ago period. ◦ Adjusted net loss was $46.9 million, or $0.72 p
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655210/000165521024000114/0001655210-24-000114-index.htm

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