Top Page
Beyond Meat
(NASDAQ:BYND)
Beyond Meat (BYND) vs. SPDR S&P 500 ETF (SPY)
Beyond Meat Business Overview & Revenue Model
Beyond Meat Key Performance Indicators (KPIs)
Measures the total weight of products sold, indicating market demand and the company's ability to scale production and distribution.
The FlyBeyond Meat Earnings Call Summary
Beyond Meat Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 290.56M | 326.45M | 343.38M | 418.93M | 464.70M | 406.79M |
| Gross Profit | 27.96M | 41.70M | -11.35M | -23.74M | 117.28M | 122.28M |
| EBITDA | -196.28M | -125.50M | -205.53M | -292.93M | -137.48M | -29.62M |
| Net Income | -237.71M | -160.28M | -338.14M | -366.14M | -182.10M | -52.75M |
Balance Sheet | ||||||
| Total Assets | 599.67M | 678.15M | 774.45M | 1.06B | 1.38B | 468.01M |
| Cash, Cash Equivalents and Short-Term Investments | 117.30M | 131.91M | 190.50M | 309.92M | 733.29M | 159.13M |
| Total Debt | 1.31B | 1.22B | 1.22B | 1.19B | 1.16B | 40.11M |
| Total Liabilities | 1.38B | 1.28B | 1.29B | 1.27B | 1.25B | 100.91M |
| Stockholders Equity | -784.07M | -601.21M | -513.37M | -203.55M | 132.50M | 367.10M |
Cash Flow | ||||||
| Free Cash Flow | -142.90M | -109.83M | -118.39M | -393.54M | -437.33M | -99.98M |
| Operating Cash Flow | -127.09M | -98.81M | -107.83M | -320.24M | -301.37M | -39.99M |
| Investing Cash Flow | -14.21M | -6.23M | -9.49M | -87.53M | -147.48M | -74.90M |
| Financing Cash Flow | 134.88M | 45.78M | -550.00K | 276.00K | 1.02B | -1.76M |
Beyond Meat Technical Analysis
Beyond Meat Risk Analysis
Beyond Meat Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $391.38M | 27.78 | 9.52% | ― | 6.62% | -7.85% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
51 Neutral | $377.49M | -1.48 | -40.86% | 16.20% | -6.04% | -844.18% | |
44 Neutral | $21.59M | -11.24 | -14.63% | ― | 17.73% | -34.71% | |
44 Neutral | $300.73M | -8.75 | -35.78% | ― | -3.42% | -85.49% | |
43 Neutral | $476.25M | -0.33 | ― | ― | -10.17% | 24.25% | |
33 Underperform | $1.56M | -0.03 | -136.13% | ― | ― | ― |
Beyond Meat Corporate Events
Beyond Meat has been involved in two significant legal disputes. The first involves a trademark infringement case filed by Sonate Corporation, claiming Beyond Meat’s use of certain taglines infringed on Sonate’s trademark. The case, which began in 2022, concluded with a jury verdict in November 2025, finding Beyond Meat liable and awarding damages totaling $38.9 million. Beyond Meat plans to appeal the decision. The second dispute involves Aliments BVeggie, Inc., which filed a lawsuit in 2023 alleging breach of a co-manufacturing agreement and seeking damages of CAD 129,841,920. The case has been referred to arbitration in California following a series of legal proceedings in Canada, with BVeggie appealing the decision.
On November 19, 2025, Beyond Meat‘s stockholders approved an amendment to the 2018 Equity Incentive Plan, increasing the number of shares authorized for issuance. This decision, alongside the final settlement of the company’s exchange offer on October 30, 2025, supports the issuance of new Convertible Senior Secured Second Lien PIK Toggle Notes due 2030. Additionally, a Charter Amendment was filed to increase the authorized shares from 500 million to 3 billion, facilitating the conversion of new notes and supporting the Restated Plan. These changes reflect strategic moves to enhance the company’s financial flexibility and reward key employees, potentially impacting its market positioning and stakeholder interests.
On November 14, 2025, Beyond Meat announced the initial conversion rate for its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030. The conversion rate is set at 572.7784 shares of common stock per $1,000 principal amount, equating to a conversion price of approximately $1.7459 per share. This announcement follows the company’s recent issuance of over 317 million shares in connection with an exchange offer for its 0% Convertible Senior Notes due 2027. The company plans to seek stockholder approval for the issuance of additional shares related to the 2030 Convertible Notes at a special meeting on November 19, 2025. This move is part of Beyond Meat’s strategy to manage its financial obligations and potentially impact its market position and stakeholder interests.
On October 30, 2025, Beyond Meat announced the final settlement of its Exchange Offer, which involved exchanging its 0% Convertible Senior Notes due 2027 for new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and shares of its common stock. This exchange resulted in the issuance of $209,721,000 in new convertible notes and 317,834,446 new shares, representing 97.44% of the outstanding principal amount of the existing notes. The move is part of Beyond Meat’s strategic financial restructuring, potentially impacting its market positioning and offering implications for its stakeholders.
Beyond Meat, a company in the plant-based food industry, faced a legal dispute with a former co-manufacturer over the termination of a manufacturing agreement. On September 15, 2025, an arbitrator ruled in favor of Beyond Meat, validating their decision to terminate the agreement, though a final arbitration award is pending. The former co-manufacturer’s request to reopen the arbitration was denied on October 20, 2025.
On October 15, 2025, Beyond Meat announced the issuance of new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 as part of an exchange offer for its existing convertible notes. The early tender results showed that 96.92% of the existing notes were tendered, allowing the company to proceed with the early settlement. This move is part of Beyond Meat’s strategy to reduce leverage and extend debt maturity, which is expected to positively impact its financial stability and market positioning. The company also announced changes to its board of directors and the elimination of certain restrictive covenants in the existing notes, further aligning its governance and financial structure with its strategic goals.
Beyond Meat, Inc. announced an exchange offer on September 29, 2025, to replace its existing convertible notes with new convertible notes and shares of common stock, which could lead to significant dilution for shareholders and potential tax implications. Additionally, the company is involved in an arbitration with a former co-manufacturer, where an interim award favored Beyond Meat’s decision to terminate the agreement, but further proceedings are pending.
On September 29, 2025, Beyond Meat announced the commencement of an Exchange Offer and Consent Solicitation aimed at eliminating over $800 million of debt. The initiative involves exchanging existing convertible notes for new ones, with the support of holders of approximately 47% of the existing notes. This move is intended to reduce leverage and extend maturity, supporting Beyond Meat’s long-term vision. The company also plans board changes and has amended its equity incentive plan to increase shares for key employees, contingent on stockholder approval.
Beyond Meat, Inc. announced a Loan and Security Agreement on May 7, 2025, securing a $100 million loan facility with Unprocessed Foods, LLC. The company received two loans totaling $100 million in June and September 2025, which will be used for general corporate purposes. Additionally, a Warrant Agreement was established, allowing lenders to purchase shares of the company’s common stock. In a separate matter, Beyond Meat was involved in arbitration with a former co-manufacturer, which began in March 2024. The arbitrator issued an interim award on September 15, 2025, supporting Beyond Meat’s decision to terminate the agreement due to the manufacturer’s non-compliance with legal standards.