Start here if you're new
what it is
Beyond Meat sells three plant-based meat platforms: beef, pork, and poultry.
how it gets paid
Last year Beyond Meat made $326M in revenue. Beef platform / Beyond Burger was the main engine at $160M, or 49% of sales.
what just happened
Revenue hit $214M, but EPS was still -$2.52.
At a glance
C balance sheet — red flag territory — real financial stress
35/100 earnings predictability — expect surprises
-$2.43 fy2024 eps est
$327M fy2024 rev est
47.8% operating margin
xvary composite: 26/100 — weak
What they do
Beyond Meat sells three plant-based meat platforms: beef, pork, and poultry.
Beyond Meat is in about 129,000 retail and foodservice outlets across 65 countries. That is distribution, not hype. You would need to rip out shelf space and menu spots one buyer at a time.
How they make money
$326M
annual revenue
Beef platform / Beyond Burger
$160M
Pork platform / Beyond Sausage
$80M
Poultry platform / Beyond Chicken
$60M
Other products and channels
$26M
The products that matter
core meat substitutes
Beyond Burger & Sausage
bulk of $326M revenue
This is still the center of gravity. The page does not break out product-level sales, but these items drive the bulk of a business that generated about $326M in annual revenue.
core brand
new category expansion
Protein Drink Line
2026 pivot
The company is pointing to a 2026 expansion beyond burgers. Without revenue attached yet, you should treat it as an attempt to find demand, not proof that a second business already exists.
still a plan
Key numbers
$326M
annual revenue
You are buying a $345M stock with $326M of sales behind it.
6.9%
gross margin
Only 6.9 cents stayed after direct product costs in the latest quarter.
$1.3B
long-term debt
Debt is about 4 times annual revenue, so refinancing matters a lot.
79%
debt load
Long-term debt makes up 79% of capital, which leaves little room for mistakes.
Financial health
C
strength
- balance sheet grade C — very weak — significant financial distress
- risk rank 5 — safer than 5% of stocks
- price stability 5 / 100
- long-term debt $1.3B (79% of capital)
C — balance sheet grade and long-term debt are flagged. this stock carries more risk than average.
Total return vs. market
Return history isn't available for BYND right now.
source: institutional data · return history unavailable
What just happened
missed estimates
Revenue hit $214M, but EPS was still -$2.52.
Revenue was up 205% vs. prior year, and gross margin was 6.9%. That is better sales, but the company still lost money.
$214M
revenue
-$2.52
eps
6.9%
gross margin
the number that mattered
6.9% gross margin was the tell. After raw costs, there was almost nothing left for overhead or debt.
source: company earnings report, 2025
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What could go wrong
the #1 risk is debt overwhelming a $327M revenue base.
high
$1.3B in debt against a $345M market cap
That gap is the quiet part loud. If operations keep missing, lenders matter more than shareholders.
Impact: this capital structure leaves little room for more operating mistakes.
high
single-digit gross margin
At 6.9%, the business keeps less than 7 cents of each revenue dollar before overhead. That is not enough cushion for a branded packaged-food company trying to fund a turnaround.
Impact: weak unit economics pressure cash, pricing flexibility, and retailer leverage at the same time.
med
core retail demand is still shrinking
U.S. retail is about 75% of revenue and fell 15%. If the main aisle does not stabilize, new-product talk stays secondary.
Impact: the turnaround case needs the core shelf business to stop sliding first.
med
filing and legal pressure
The delayed 10-K and the March 24, 2026 securities-suit deadline both raise the temperature around a company that already needs credibility.
Impact: more scrutiny can tighten access to capital and keep the stock trading on trust issues, not food demand.
$1.3B in debt, 6.9% gross margin, and a shrinking core retail segment mean the equity has very little protection if execution slips again.
source: institutional data · regulatory filings · risk analysis
Pay attention to
margin
gross margin has to leave the single digits
6.9% is the number that matters most. If that stays stuck near current levels, revenue beats will not rescue the thesis.
calendar
march 27, 2026 earnings report
You want two things at once: sales that stop falling and evidence losses are narrowing. One without the other will not do much.
balance sheet
debt still towers over the equity
A $345M market cap next to $1.3B in debt tells you where the pressure sits. If capital terms worsen, shareholders feel it fast.
demand
watch U.S. retail before any new-product pitch
Roughly 75% of revenue comes from U.S. retail, and that segment fell 15%. The base business has to stop shrinking before the story gets cleaner.
Analyst rankings
earnings predictability
35 / 100
in human-speak, analysts do not have a clean read on this business and the reported numbers can move around fast.
beta
1.8
Beta measures how hard a stock swings versus the market. At 1.8, BYND has traded like a stock with extra voltage.
source: institutional data
Institutional activity
institutional ownership data for BYND is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$1
current price
n/a
target midpoint · n/a from current
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