Beyond Meat® Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 total net revenues $64.5 million, down 8.1% year-over-year
- ➤Gross profit $12.4 million; gross margin 19.3%, versus 7.4% year ago
- ➤Adjusted EBITDA loss narrowed to $24.6 million from $33.5 million
- ➤International retail revenue rose 13.3% to $17.9 million
- ➤Q4 revenue outlook $54 million to $59 million
Expert Statements
Ethan Brown, President and CEO of Beyond Meat
“Our third quarter results represent measurable progress. Total net revenues came in at the high end of our guidance range, gross margin was our highest in five years, Adjusted EBITDA loss narrowed and we used less cash year-over year.”
Ethan Brown, President and CEO of Beyond Meat
“Our international retail channel registered a third consecutive quarter of growth, led by strong performance in Europe. More broadly, we believe we are taking the right steps as we pursue stabilization of U.S. revenues while aggressively driving enterprise-wide cost reduction, including through actions taken in the quarter to substantially reduce certain long-term lease obligations.”
EL SEGUNDO, Calif., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™ (the “Company” or “Beyond Meat”), today reported financial results for its third quarter ended September 26, 2026.
Third Quarter 2026 Financial Highlights(1)(, 2) * Total net revenues were $64.5 million, a decrease of 8.1% year-over-year. * Gross profit was $12.4 million, or gross margin of 19.3%, compared to gross profit of $5.2 million, or gross margin of 7.4%, in the year-ago period. * In the year-ago period, gross profit and gross margin included $1.7 million in expenses related to the cessation of the Company’s operational activities in China.
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