BYNDNasdaqFood and Kindred ProductsFiscal year ends December 31
BEYOND MEAT, INC.
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 6, 2026
$6.57−0.28 (-4.09%)
Close on Oct 19, 2026
- Market cap
- $3.89B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
2.8%−27.3 pts over 5 years
Operating margin
-121.1%−109.0 pts over 5 years
Net margin
79.5%+92.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -15.6% | -13.0% | -7.5% | – | |
| Gross profit | -81.7% | – | -42.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -14.0% | -72.7% | |
| Return on assets | – | -11.5% | 33.9% | |
| Current ratio | – | 3.73 | 4.56 | |
| Debt to equity | – | 0.07 | -416.99 | |
| Net debt to EBITDA | – | 3.72× | -0.70× | |
| Interest coverage | – | -19.2× | -23.8× | |
| Inventory turnover | – | 2.8× | 2.7× | |
| Capex to revenue | – | 14.2% | 4.5% | |
| Diluted shares | – | 62M | 181M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Beyond Meat generated $973.18M from operations and spent $240.32M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$973.18M
Used
$240.32M
Capital expenditure$240.32M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin79.5%
×Asset turnover0.43×
×Equity multiplier-2.15×
=Return on equity, FY2025-72.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 79.5% | 0.43× | -2.15× | -72.7% |
| FY2024 | -49.1% | 0.45× | -1.30× | 28.8% |
| FY2023 | -98.5% | 0.37× | -2.56× | 94.3% |
| FY2022 | -87.4% | 0.34× | -34.36× | 1030.6% |
| FY2021 | -39.2% | 0.50× | 3.70× | -72.9% |
| FY2020 | -13.0% | 0.88× | 1.22× | -14.0% |
| FY2019 | -4.2% | 1.02× | 2.23× | -9.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$219.02M
- Cash generatingOperating cash flow above zero-$144.93M
- Return on assets improvedROA up on the prior year-20.7% → 32.3%
- Earnings backed by cashOperating cash flow above net income-$144.93M vs $219.02M
- Less leverageLong-term debt to assets fell168.3% → 67.6%
- Better liquidityCurrent ratio rose4.66 → 4.56
- No dilutionShare count did not rise66M → 181M
- Gross margin improvedGross margin up on the prior year12.77% → 2.78%
- More efficientAsset turnover rose0.42 → 0.41