Beyond Meat (NASDAQ:BYND – Get Free Report) released its earnings results on Wednesday. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.01), Zacks reports. The business had revenue of $68.83 million for the quarter, compared to the consensus estimate of $62.43 million. Beyond Meat had a negative return on equity of 54.39% and a net margin of 54.95%.
Here are the key takeaways from Beyond Meat’s conference call:
- Second-quarter revenue of $68.8 million exceeded the company’s guidance range, while the year-over-year decline improved to 8.2% from 15.3% in Q1 and 19.7% in Q4 2025.
- Gross margin improved sequentially to 8.5%, operating expenses fell 19% year over year, and cash use excluding financing activities declined 44% to approximately $18 million. Management cited production consolidation, lower material and logistics costs, and ongoing SG&A reductions as drivers.
- Core U.S. and food-service operations remain under pressure: U.S. retail revenue fell 9.9%, U.S. food service declined 27.6%, and international food service dropped 16% year over year. Lower volumes also continue to hurt fixed-cost absorption and adjusted EBITDA remained negative at $27.7 million.
- Europe and Canada were identified as near-term growth engines, with international retail revenue up 16.5%; the company plans additional investment in those markets while launching products such as Beyond Steak Filet, Beyond Breakfast Sausage, and the new Beyond Immerse functional beverage.
- Management is broadening Beyond Meat beyond plant-based meat into functional nutrition and beverages, but provided limited visibility and guided third-quarter revenue to approximately $60 million–$65 million, reflecting continued uncertainty and volatility.
Beyond Meat Stock Down 11.3%
NASDAQ:BYND traded down $0.07 during trading hours on Thursday, reaching $0.54. The company had a trading volume of 19,762,112 shares, compared to its average volume of 44,232,918. Beyond Meat has a twelve month low of $0.50 and a twelve month high of $7.69. The firm has a market cap of $278.80 million, a price-to-earnings ratio of -0.24 and a beta of 2.78. The business’s 50-day simple moving average is $0.67 and its two-hundred day simple moving average is $0.74.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on BYND
More Beyond Meat News
Here are the key news stories impacting Beyond Meat this week:
- Positive Sentiment: Beyond Meat reported a second-quarter net profit of $16.4 million, reversing a $31.8 million loss a year earlier. However, investors may view the improvement cautiously because reported EPS still reflected a $0.09 loss. BYND Stock Heads For Second Weekly Gains
- Positive Sentiment: Second-quarter revenue of $68.8 million exceeded analysts’ $62.4 million consensus estimate, while the loss of $0.09 per share improved substantially from the $0.43 loss reported a year earlier. Beyond Meat Reports Q2 Loss, Tops Revenue Estimates
- Positive Sentiment: Management highlighted early turnaround indicators and outlined a three-part growth strategy on the earnings call, offering investors a possible path toward stabilizing the business. Beyond Meat Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Beyond Meat issued third-quarter revenue guidance of approximately $60 million to $65 million. The range provides visibility into near-term performance, although its midpoint is below the roughly $65.5 million analyst expectation cited in one report. Beyond Meat Reports Second Quarter 2026 Financial Results
- Negative Sentiment: Revenue declined 8.2% year over year to $68.8 million, and gross margin fell to 8.5% from 10.6%. The company also missed the consensus EPS estimate of a $0.08 loss by reporting a $0.09 loss, underscoring ongoing profitability pressure. Beyond Meat Reports Second Quarter 2026 Financial Results
Institutional Trading of Beyond Meat
Large investors have recently made changes to their positions in the company. Xponance LLC bought a new position in Beyond Meat in the fourth quarter worth approximately $25,000. Russell Investments Group Ltd. raised its position in shares of Beyond Meat by 400.2% during the third quarter. Russell Investments Group Ltd. now owns 14,786 shares of the company’s stock worth $28,000 after purchasing an additional 11,830 shares during the period. Marex Group plc bought a new position in shares of Beyond Meat in the 4th quarter worth $34,000. Pitcairn Co. acquired a new stake in Beyond Meat in the 2nd quarter valued at $37,000. Finally, Banco Santander S.A. increased its stake in Beyond Meat by 338.6% during the 4th quarter. Banco Santander S.A. now owns 57,752 shares of the company’s stock valued at $47,000 after purchasing an additional 44,584 shares in the last quarter. 52.48% of the stock is currently owned by institutional investors and hedge funds.
About Beyond Meat
Beyond Meat, Inc (NASDAQ: BYND) develops, manufactures and sells plant-based meat substitutes designed to replicate the taste, texture and appearance of animal-based proteins. Since its founding in 2009 by Ethan Brown and initial public offering in 2019, the company has focused on leveraging proprietary technology and ingredient blends to produce a suite of products that cater to both retail and foodservice channels. Beyond Meat’s mission centers on offering more sustainable protein options by reducing reliance on livestock farming and its associated environmental footprint.
The company’s product portfolio includes Beyond Burger, Beyond Sausage, Beyond Beef and Beyond Chicken, each formulated to appeal to a broad range of consumers seeking meat alternatives without compromising on flavor or cooking versatility.
See Also
- Five stocks we like better than Beyond Meat
- Why Brown-Forman Rejected a 23% Premium Twice
- Rocket Lab Lands a Wave of Contracts Ahead of Earnings
- Amprius Technologies Validates Growth Trajectory With Q2 Earnings—What Comes Next?
- Boeing’s Comeback Is Building Momentum—Is It Real?
Receive News & Ratings for Beyond Meat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beyond Meat and related companies with MarketBeat.com's FREE daily email newsletter.
