Beyond Meat® Reports Second Quarter 2026 Financial Results
Beyond Meat reported Q2 2026 revenue of $68.8 million, down 8.2% year-over-year, with net income of $16.4 million compared to a year-ago loss of $31.8 million. The profitability swing was primarily driven by a $57.7 million non-cash gain on debt extinguishment, masking an underlying operating loss of $30.8 million. Adjusted EBITDA losses widened to $27.7 million, representing a margin of -40.2%, compared to a -33.0% margin in the prior year. Gross margin contracted to 8.5% from 10.6%, impacted by $1.6 million in charges related to the cessation of operations in China.
Key figures
- Eps
- 0.03
- Revenue
- 68800000
- Guidance
- Q3 2026 net revenues expected to be approximately $60 million to $65 million
- Revenue Yoy
- -8.2%
- Net income
- 16400000
- Gross margin
- 8.5%
- Gross profit
- 5900000
- Operating margin
- -44.8%
AI analysis
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