← BEYOND MEAT, INC.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and Cash Equivalents, at Carrying Value | $54.3m | $276.0m | $159.1m | $733.3m | $309.9m | $190.5m | $131.9m | $203.9m | |
| Prepaid Expense and Other Assets, Current | $5.7m | $5.9m | $15.4m | $33.1m | $20.7m | $12.9m | $11.3m | $13.8m | |
| Restricted cash, current | — | — | — | — | $0 | $2.8m | $1.0m | $4.3m | |
| Accounts receivable, net | $12.6m | $40.1m | $36.0m | $43.8m | $34.2m | $31.7m | $26.9m | $26.1m | |
| Prepaid expenses and other current assets | $5.7m | $5.9m | $15.4m | $33.1m | $20.7m | $12.9m | $11.3m | $13.8m | |
| Restricted cash, non-current | — | — | — | $0 | $12.6m | $12.6m | $12.6m | $9.3m | |
| Prepaid lease costs, non-current | — | — | $0 | $59.2m | $85.5m | $61.6m | $68.0m | $40.9m | |
| Inventory, Net | $30.3m | $81.6m | $121.7m | $241.9m | $235.7m | $130.3m | $113.4m | $84.0m | |
| Assets, Current | $102.8m | $403.6m | $332.2m | $1.1b | $606.5m | $372.8m | $286.5m | $341.5m | |
| Total current assets | $102.8m | $403.6m | $332.2m | $1.1b | $606.5m | $372.8m | $286.5m | $341.5m | |
| Property, Plant and Equipment, Net | $30.5m | $47.5m | $115.3m | $226.5m | $257.0m | $194.0m | $184.9m | $213.3m | |
| Operating Lease, Right-of-Use Asset | — | — | $14.6m | $26.8m | $87.6m | $130.5m | $124.0m | $5.7m | |
| Other Assets, Noncurrent | $396k | $855k | $5.9m | $6.8m | $10.7m | $1.2m | $622k | $2.6m | |
| Operating lease right-of-use assets | — | — | $14.6m | $26.8m | $87.6m | $130.5m | $124.0m | $5.7m | |
| Accounts Receivable, after Allowance for Credit Loss, Current | $12.6m | $40.1m | $36.0m | $43.8m | $34.2m | $31.7m | $26.9m | $26.1m | |
| Assets held for sale | — | — | — | $0 | $5.9m | $4.5m | $1.9m | $9.4m | |
| Other non-current assets, net | $396k | $855k | $5.9m | $6.8m | $10.7m | $1.2m | $622k | $2.6m | |
| Investment in unconsolidated joint venture | — | — | $0 | $8.0m | $2.3m | $1.7m | $1.6m | $1.5m | |
| Current portion of operating lease liabilities | — | — | $3.1m | $4.5m | $3.8m | $3.7m | $4.1m | $2.1m | |
| Accrued expenses and other current liabilities | $2.4m | $3.8m | $4.8m | $20.2m | $16.7m | $9.9m | $11.9m | $9.0m | |
| Short-term finance lease liabilities | — | $72k | $71k | $182k | — | — | $851k | $4.4m | |
| Notes, net | — | — | $0 | $1.1b | $1.1b | $1.1b | $1.1b | $337.9m | |
| Delayed draw term loans, net | $6.0m | $0 | — | — | — | — | $0 | $77.9m | |
| Delayed draw term loan warrants at fair value | — | — | — | — | — | — | $0 | $5.1m | |
| Operating lease liabilities, net of current portion | — | — | $11.8m | $22.6m | $55.9m | $75.6m | $73.6m | $4.1m | |
| Finance lease liabilities | — | — | — | — | — | — | $2.8m | $76.6m | |
| 2030 Embedded Derivative liability at fair value | — | — | — | — | — | — | $0 | $39.2m | |
| Accrued Liabilities, Current | $2.4m | $3.8m | $4.8m | $20.2m | $16.7m | $9.9m | $11.9m | $9.0m | |
| Total long-term liabilities | $30.8m | $20.1m | $11.9m | $1.2b | $1.2b | $1.2b | $1.2b | $540.8m | |
| Total stockholders’ deficit | ($121.8m) | $384.1m | $367.1m | $132.5m | ($203.5m) | ($513.4m) | ($601.2m) | ($997k) | |
| Assets | $133.7m | $451.9m | $468.0m | $1.4b | $1.1b | $774.5m | $678.1m | $614.7m | |
| LIABILITIES AND EQUITY | |||||||||
| Total liabilities and stockholders’ deficit | $133.7m | $451.9m | $468.0m | $1.4b | $1.1b | $774.5m | $678.1m | $614.7m | |
| Current liabilities: | |||||||||
| Operating Lease, Liability, Current | — | — | $3.1m | $4.5m | $3.8m | $3.7m | $4.1m | $2.1m | |
| Accounts Payable, Current | $17.2m | $26.9m | $53.1m | $69.0m | $55.3m | $56.0m | $37.6m | $20.5m | |
| Long-term Debt, Current Maturities | $0 | $11.0m | $25.0m | $0 | $0 | $0 | $0 | $0 | |
| Operating Lease, Liability, Noncurrent | — | — | $11.8m | $22.6m | $55.9m | $75.6m | $73.6m | $4.1m | |
| Long-term Debt, Excluding Current Maturities | $30.4m | $19.6m | $0 | $1.1b | $1.1b | $1.1b | $1.1b | $415.7m | |
| Accrued litigation expenses | — | — | — | — | — | — | $0 | $38.9m | |
| Accrued litigation settlement | — | — | — | — | — | $0 | $7.2m | $0 | |
| Liabilities, Current | $25.2m | $47.7m | $89.0m | $94.2m | $75.8m | $74.4m | $61.5m | $74.9m | |
| Total current liabilities | $25.2m | $47.7m | $89.0m | $94.2m | $75.8m | $74.4m | $61.5m | $74.9m | |
| Other Liabilities, Noncurrent | — | — | $149k | $442k | $469k | $274k | $2.8m | $220k | |
| Other long-term liabilities | — | $567k | $149k | $442k | $469k | $274k | $2.8m | $220k | |
| Stockholders’ equity: | |||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $1k | $6k | $6k | $6k | $6k | $6k | $8k | $45k | |
| Additional Paid in Capital | $7.9m | $526.2m | $560.2m | $510.0m | $544.4m | $573.1m | $644.0m | $1.0b | |
| Retained Earnings (Accumulated Deficit) | ($129.7m) | ($142.1m) | ($194.9m) | ($377.0m) | ($743.1m) | ($1.1b) | ($1.2b) | ($1.0b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | $0 | $1.7m | ($553k) | ($4.8m) | ($5.2m) | ($3.7m) | ($7.8m) | |
| Preferred stock, par value $0.0001 per share—500,000 shares authorized, none issued and outstanding | 1k | 6k | 6k | 6k | 6k | 6k | 8k | — | |
| Accumulated other comprehensive loss | — | $0 | $1.7m | ($553k) | ($4.8m) | ($5.2m) | ($3.7m) | ($7.8m) | |
| Stockholders' Equity Attributable to Parent | ($121.8m) | $384.1m | $367.1m | $132.5m | ($203.5m) | ($513.4m) | ($601.2m) | ($997k) | |
| Liabilities and Equity | $133.7m | $451.9m | $468.0m | $1.4b | $1.1b | $774.5m | $678.1m | $614.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.