Beyond Meat shares slide on quarterly earnings miss

Beyond Meat Inc (NASDAQ:BYND) shares fell 13% connected Wednesday aft the plant-based nutrient company’s 4th fourth net fell abbreviated of expectations.

The institution posted a nett nonaccomplishment per stock of $0.29, wider than analysts’ anticipation of $0.14.

Revenue was $61.6 million, somewhat beneath the projected $63 cardinal and down 19.7% from the year-ago period.

Gross nett was $1.4 million, down from $10 cardinal successful Q4 2024, with gross borderline contracting to 2.3% from 13.1% a twelvemonth earlier. The results were affected by non-cash charges including inventory provisions, discontinued merchandise lines, and the cessation of definite operations successful China.

Operating nonaccomplishment widened to $132.7 million, oregon an operating borderline of -215.5%, compared with a nonaccomplishment of $37.8 cardinal successful Q4 2024. The 4th included respective restructuring and litigation-related charges, arsenic good arsenic non-routine expenses tied to the company’s office lease and arbitration proceedings.

Despite the loss, Beyond Meat reported nett income of $409.9 cardinal owed to a $548.7 cardinal non-cash summation from indebtedness restructuring. Adjusted EBITDA was antagonistic $69 million, representing -112.1% of revenue.

“Our results for the 4th fourth of 2025 bespeak ongoing headwinds successful the plant-based nutrient class arsenic good arsenic the fiscal interaction of respective restructuring charges that, portion costly, we judge volition enactment the Company’s way to sustainable operations,” Beyond Meat CEO Ethan Brown said.

He added that the institution is entering 2026 with reduced leverage, extended indebtedness maturities, and added liquidity, with a strategical absorption connected top-line stabilization and borderline expansion.

Looking ahead, Beyond Meat expects archetypal 4th 2026 gross of $57 cardinal to $59 cardinal amid continued uncertainty successful the operating environment.