Beyond Meat® Reports First Quarter 2026 Financial Results
Beyond Meat reported Q1 revenue of $58.2 million, a 15.3% decrease year-over-year, driven by lower volumes in U.S. and international foodservice channels and weak retail demand. Despite the top-line decline, the company narrowed its net loss to $28.5 million from $61.1 million in the prior year, with gross margin turning positive to 3.4% and cash used in operations dropping to just $5.0 million.
Key figures
- Revenue
- 58200000
- Guidance
- Q2 2026 net revenues $60 million to $65 million
- Gross margin
- 3.4%
- Gross profit
- 2000000
- Operating loss
- 41100000
- Cash used operations
- 5000000
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