BYND · Beyond Meat, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $275.50M | $326.45M | $343.38M | $418.93M | $464.70M | $406.79M |
| Cost of Revenue | $267.85M | $284.75M | $426.03M | $442.68M | $347.42M | $284.51M |
| Gross Profit | $7.65M | $41.70M | ($82.66M) | ($23.74M) | $117.28M | $122.28M |
| R&D | $23.23M | $28.15M | $39.53M | $62.26M | $66.95M | $31.54M |
| SG&A | $217.76M | $169.67M | $220.34M | $239.50M | $209.47M | $133.66M |
| Total Operating Expenses | $341.27M | $197.82M | $259.24M | $319.03M | $292.21M | $171.62M |
| D&A | $32.77M | $23.12M | $48.09M | $32.58M | $21.66M | $13.30M |
| Operating Income | ($333.62M) | ($156.12M) | ($341.90M) | ($342.77M) | ($174.93M) | ($49.34M) |
| Interest Expense | $14.03M | $4.10M | $3.96M | $3.97M | $3.65M | $2.58M |
| Income Tax | $0 | ($26.0K) | $5.0K | $32.0K | $60.0K | $72.0K |
| Net Income | $219.02M | ($160.28M) | ($338.14M) | ($366.14M) | ($182.10M) | ($52.75M) |
| EPS - Basic | $1.15 | ($2.43) | ($5.26) | ($5.75) | ($0.85) | - |
| EPS - Diluted | ($1.83) | ($2.43) | ($5.26) | ($5.75) | ($0.85) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $203.89M | $131.91M | $190.50M | $309.92M | $733.29M | $159.13M |
| Accounts Receivable | $26.06M | $26.86M | $31.73M | $34.20M | $43.81M | $35.98M |
| Inventory | $84.03M | $113.44M | $130.34M | $235.70M | $241.87M | $121.72M |
| Accounts Payable | $20.52M | $37.57M | $56.03M | $55.30M | $69.04M | $53.07M |
| Current Assets | $341.48M | $286.46M | $372.84M | $606.46M | $1.05B | $332.23M |
| Total Assets | $614.75M | $678.15M | $774.45M | $1.06B | $1.38B | $468.01M |
| Current Liabilities | $74.92M | $61.45M | $74.35M | $75.84M | $94.19M | $88.97M |
| Long-term Debt | $415.74M | $1.14B | $1.14B | $1.13B | $1.13B | $0 |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | ($997.0K) | ($601.21M) | ($513.37M) | ($203.55M) | $132.50M | $367.10M |
| Retained Earnings | ($1.02B) | ($1.24B) | ($1.08B) | ($743.11M) | ($376.97M) | ($194.87M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($144.93M) | ($98.81M) | ($107.83M) | ($320.24M) | ($301.37M) | ($39.99M) |
| Investing Cash Flow | ($10.25M) | ($6.23M) | ($9.49M) | ($87.53M) | ($147.48M) | ($74.90M) |
| Financing Cash Flow | $223.41M | $45.78M | ($550.0K) | $276.0K | $1.02B | ($1.76M) |
| CapEx | $12.31M | $11.02M | $10.56M | $70.47M | $135.96M | $57.70M |
| Free Cash Flow | ($157.24M) | ($109.83M) | ($118.39M) | ($390.72M) | ($437.33M) | ($97.69M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 2.8% | 12.8% | -24.1% | -5.7% | 25.2% | 30.1% |
| Operating margin | -121.1% | -47.8% | -99.6% | -81.8% | -37.6% | -12.1% |
| EBITDA margin | -109.2% | -40.7% | -85.6% | -74.0% | -33.0% | -8.9% |
| Net margin | 79.5% | -49.1% | -98.5% | -87.4% | -39.2% | -13.0% |
| Free cash flow margin | -57.1% | -33.6% | -34.5% | -93.3% | -94.1% | -24.0% |
| FCF / Net income | -0.72 | 0.69 | 0.35 | 1.07 | 2.40 | 1.85 |
| R&D / Revenue | 8.4% | 8.6% | 11.5% | 14.9% | 14.4% | 7.8% |
| SG&A / Revenue | 79.0% | 52.0% | 64.2% | 57.2% | 45.1% | 32.9% |
| Effective tax rate | 0.0% | - | - | - | - | - |
| Return on assets | 35.6% | -23.6% | -43.7% | -34.5% | -13.2% | -11.3% |
| Return on equity | -21968.3% | 26.7% | 65.9% | 179.9% | -137.4% | -14.4% |
| Return on invested capital | -80.4% | -22.8% | -43.3% | -29.1% | -10.9% | -10.6% |
| Liquidity | ||||||
| Current ratio | 4.56 | 4.66 | 5.01 | 8.00 | 11.17 | 3.73 |
| Quick ratio | 3.44 | 2.82 | 3.26 | 4.89 | 8.60 | 2.37 |
| Cash ratio | 2.72 | 2.15 | 2.56 | 4.09 | 7.79 | 1.79 |
| Leverage | ||||||
| Debt / Equity | -416.99 | -1.90 | -2.22 | -5.57 | 8.53 | 0.00 |
| Debt / Assets | 0.68 | 1.68 | 1.47 | 1.07 | 0.82 | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -23.8x | -38.1x | -86.4x | -86.4x | -48.0x | -19.2x |
| Equity multiplier | -616.60 | -1.13 | -1.51 | -5.22 | 10.41 | 1.27 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.45 | 0.48 | 0.44 | 0.39 | 0.34 | 0.87 |
| Inventory turnover | 3.19 | 2.51 | 3.27 | 1.88 | 1.44 | 2.34 |
| Days sales outstanding | 35d | 30d | 34d | 30d | 34d | 32d |
| Days inventory outstanding | 115d | 145d | 112d | 194d | 254d | 156d |
| Days payable outstanding | 28d | 48d | 48d | 46d | 73d | 68d |
| Cash conversion cycle | 121d | 127d | 97d | 179d | 216d | 120d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | 31.1x | 21.2x |
| P / S | 0.5x | 0.8x | 1.7x | 1.9x | 8.9x | 19.1x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -15.6% | -4.9% | -18.0% | -9.8% | 14.2% | 1148.5% |
| Revenue CAGR (3y) | -13.0% | -11.1% | -5.5% | 134.3% | - | - |
| Revenue CAGR (5y) | -7.5% | 58.6% | - | - | - | - |
| Gross profit growth (YoY) | -81.7% | - | -248.1% | - | -4.1% | - |
| Operating income growth (YoY) | -113.7% | 54.3% | 0.3% | -95.9% | -254.5% | -76.3% |
| Net income growth (YoY) | - | 52.6% | 7.6% | -101.1% | -245.2% | -73.6% |
| EPS growth (YoY) | 24.7% | 53.8% | 8.5% | -576.5% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -43.2% | 7.2% | 69.7% | 10.7% | -347.7% | -63.0% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 99.8% | -17.1% | -152.2% | - | -63.9% | -4.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$275.50M totalReporting Segment$275.50M · 100.0%
Geographic
$177.64M totalUS$124.48M · 70.1%
Non Us$53.17M · 29.9%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Food and Kindred Products
Comparing BEYOND MEAT against the 5 most active filers in the same SIC group.