Business Description
Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club store, convenience store and natural retailer channels, and direct-to-consumer, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was founded in 2009 and is headquartered in El Segundo, California.
Business History
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 1.15
Total Equity: -$111,000
Shares: 181,324,268
Total Debt: $427.32M
Cash: $208.24M
EBITDA: $265.90M
Total Debt: $427.32M
Cash: $208.24M
Revenue: $275.50M
Revenue: $275.50M
Revenue: $275.50M
Total Equity: -$111,000
Tax Rate: 0.0%
Equity: -$111,000
Total Debt: $427.32M
Cash: $208.24M
Current Liabilities: $74.92M
Long-Term Debt: $420.81M
Total Debt: $427.32M
Total Equity: -$111,000
Shares: 181,324,268
Shares: 181,324,268
CapEx: -$12.31M
Shares: 181,324,268
Stock Price: $0.83
Net Income: $219.91M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $464.7M | $418.9M | $343.4M | $326.5M | $275.5M |
| Cost of Revenue | $347.4M | $442.7M | $354.7M | $284.8M | $267.9M |
| Gross Profit | $117.3M | -$23.7M | -$11.4M | $41.7M | $7.6M |
| Operating Expenses | $292.2M | $319.0M | $330.5M | $197.8M | $241.0M |
| Operating Income | -$174.9M | -$342.8M | -$341.9M | -$156.1M | -$233.3M |
| Net Income | -$182.1M | -$366.1M | -$338.1M | -$160.3M | $219.9M |
| EBITDA | -$137.5M | -$292.9M | -$205.5M | -$125.5M | $265.9M |
| EPS | $-2.84 | $-5.46 | $-5.26 | $-2.43 | $1.15 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $733.3M | $309.9M | $190.5M | $131.9M | $208.2M |
| Total Current Assets | $1.1B | $606.5M | $372.8M | $286.5M | $342.4M |
| Total Assets | $1.4B | $1.1B | $774.5M | $678.1M | $615.6M |
| Current Liabilities | $94.2M | $75.8M | $74.4M | $61.5M | $74.9M |
| Long-Term Debt | $1.1B | $1.1B | $1.1B | $1.1B | $420.8M |
| Total Liabilities | $1.2B | $1.3B | $1.3B | $1.3B | $615.7M |
| Total Equity | $132.5M | -$203.5M | -$513.4M | -$601.2M | $-111,000 |
| Retained Earnings | -$377.0M | -$743.1M | -$1.1B | -$1.2B | -$1.0B |
Cash Flow (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$301.4M | -$320.2M | -$107.8M | -$98.8M | -$160.5M |
| Capital Expenditure | -$136.0M | -$73.3M | -$10.6M | -$11.0M | -$12.3M |
| Free Cash Flow | -$437.3M | -$393.5M | -$118.4M | -$109.8M | -$172.8M |
| Acquisitions (net) | -$11.0M | -$13.3M | $4.3M | $0 | $1.9M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $574.2M | -$410.7M | -$116.6M | -$60.4M | $75.3M |
Analyst Estimates (Annual)
| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$276.9M $267.1M – $290.0M
|
$248.2M $247.6M – $248.8M
|
$247.4M $247.2M – $247.7M
|
$260.4M $256.7M – $264.0M
|
| EBITDA |
-$56.1M -$58.7M – -$54.1M
|
-$50.3M -$50.4M – -$50.2M
|
-$50.1M -$50.2M – -$50.1M
|
-$52.7M -$53.5M – -$52.0M
|
| Net Income |
-$227.7M -$239.9M – -$215.6M
|
-$75.1M -$79.1M – -$71.1M
|
-$67.2M -$70.8M – -$63.6M
|
-$63.5M -$67.4M – -$60.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -9.8% | -18.0% | -4.9% | -15.6% |
| Gross Profit Growth | -120.2% | +52.2% | +467.4% | -81.7% |
| Operating Income Growth | -95.9% | +0.3% | +54.3% | -49.5% |
| Net Income Growth | -101.1% | +7.6% | +52.6% | +237.2% |
| EBITDA Growth | -113.1% | +29.8% | +38.9% | +311.9% |