earnings
confidence medium
sentiment negative
materiality 0.85
Beyond Meat Q4 revenue -20% to $61.6M; operating loss $132.7M on asset write-downs
BEYOND MEAT, INC.
2026-Q1 EPS reported
-$0.06
revenue$58,206,000
- Net revenues $61.6M, down 19.7% YoY; gross margin fell to 2.3% from 13.1%.
- Operating loss $132.7M (margin -215.5%) includes $48.1M asset write-down and $2.4M inventory provision.
- Company discontinued product lines and ceased China operations, incurring $1.5M exit costs.
- Entered 2026 with reduced leverage, extended debt maturity, and added liquidity per company.
- Strategic repositioning to 'Beyond The Plant Protein Company' for top-line stabilization and margin expansion.