← BEYOND MEAT, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | — | $32.6m |
$87.9m
+169.89%
|
$297.9m
+238.77%
|
$406.8m
+36.55%
|
$464.7m
+14.24%
|
$418.9m
-9.85%
|
$343.4m
-18.04%
|
$326.5m
-4.93%
|
$275.5m
-15.61%
|
$258.8m
-6.04%
|
|
| Cost of Revenue | — | $34.8m |
$70.4m
+102.35%
|
$198.1m
+181.61%
|
$284.5m
+43.59%
|
$347.4m
+22.11%
|
$442.7m
+27.42%
|
$426.0m
-3.76%
|
$284.8m
-33.16%
|
$267.9m
-5.94%
|
$244.3m
-8.78%
|
|
| Cost of goods sold | — | $34.8m |
$70.4m
+102.35%
|
$198.1m
+181.61%
|
$284.5m
+43.59%
|
$347.4m
+22.11%
|
$442.7m
+27.42%
|
$426.0m
-3.76%
|
$284.8m
-33.16%
|
$267.9m
-5.94%
|
$244.3m
-8.78%
|
|
| Gross Profit | — | ($2.2m) |
$17.6m
+902.10%
|
$99.8m
+467.63%
|
$122.3m
+22.57%
|
$117.3m
-4.08%
|
($23.7m)
-120.24%
|
($82.7m)
-248.12%
|
$41.7m
+150.45%
|
$7.6m
-81.66%
|
$14.5m
+89.76%
|
|
| Research and Development Expense | — | $5.7m | $9.6m | $20.6m | $31.5m | $66.9m | $62.3m | $39.5m | $28.1m | $23.2m | $19.4m | |
| Selling, General and Administrative Expense | — | $17.1m | $34.5m | $74.7m | $133.7m | $209.5m | $239.5m | $220.3m | $169.7m | $217.8m | $198.5m | |
| Operating Lease, Expense | — | — | — | — | $2.3m | $3.4m | $5.2m | $8.1m | $8.3m | $4.0m | — | |
| Restructuring expenses | — | $3.5m | $1.5m | $4.9m | $6.4m | $15.8m | $17.3m | ($631k) | $0 | $0 | — | |
| Gain on debt restructuring, net of exchange fees | — | — | — | — | — | — | — | $0 | $0 | $548.7m | — | |
| Operating Expenses | — | $26.4m | $45.6m | $100.2m | $171.6m | $292.2m | $319.0m | $259.2m | $197.8m | $341.3m | $462.2m | |
| Loss from operations | — | ($28.6m) |
($28.0m)
+2.02%
|
($489k)
+98.25%
|
($49.3m)
-9991.00%
|
($174.9m)
-254.51%
|
($342.8m)
-95.94%
|
($341.9m)
+0.25%
|
($156.1m)
+54.34%
|
($333.6m)
-113.69%
|
— | |
| Operating Income (Loss) | — | ($28.6m) |
($28.0m)
+2.02%
|
($489k)
+98.25%
|
($49.3m)
-9991.00%
|
($174.9m)
-254.51%
|
($342.8m)
-95.94%
|
($341.9m)
+0.25%
|
($156.1m)
+54.34%
|
($333.6m)
-113.69%
|
($203.4m)
+39.04%
|
|
| Interest Expense | — | ($1.0m) | $1.1m | $3.1m | $2.6m | $3.6m | $4.0m | $4.0m | ($4.1m) | ($14.0m) | $24.3m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | ($200k) | ($200k) | ($4.9m) | $1.1m | ($6.3m) | $11.8m | — | |
| Other Nonoperating Income (Expense) | — | ($427k) | $352k | $3.6m | ($759k) | ($487k) | ($420k) | $11.6m | ($10k) | $15.3m | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | ($3.0m) | ($18.9m) | ($3.9m) | ($73k) | ($78k) | — | |
| Total other income (expense), net | — | ($1.8m) | ($1.9m) | ($11.9m) | ($3.3m) | ($4.1m) | ($4.4m) | $7.7m | ($4.1m) | $552.7m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | $12.4m | $52.7m | $179.1m | ($290.8m) | ($305.0m) | ($151.3m) | $241.4m | $299.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | ($29.9m) | ($12.4m) | ($52.7m) | ($179.1m) | $347.2m | $334.2m | $160.2m | $219.1m | $299.9m | |
| Income Tax Expense (Benefit) | — | $5k | $1k | $9k | $72k | $60k | $32k | $5k | ($26k) | $0 | $0 | |
| Net Income (Loss) Attributable to Parent | — | ($30.4m) |
($29.9m)
+1.64%
|
($12.4m)
+58.37%
|
($52.8m)
-323.95%
|
($182.1m)
-245.21%
|
($366.1m)
-101.06%
|
($338.1m)
+7.65%
|
($160.3m)
+52.60%
|
$219.0m
+236.65%
|
$258.9m
+18.19%
|
|
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | $0 | $0 | $0 | $0 | $41.0m | — | |
| Less: Earnings allocated to participating securities | — | — | — | — | — | — | — | $0 | $0 | ($41.0m) | — | |
| Earnings Per Share, Basic | — | — | — | ($0.29) | ($0.85) | ($2.88) | ($5.75) | ($5.26) | ($2.43) | $1.15 | $2.34 | |
| Earnings Per Share, Diluted | — | ($5.57) | ($4.75) | ($0.29) | ($0.85) | ($2.88) | ($5.75) | ($5.26) | ($2.43) | ($1.83) | ($0.64) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 6.3m | 42.3m | 62.3m | 63.2m | 63.6m | 64.3m | 66.0m | 155.3m | 355.5m | |
| Weighted average common shares outstanding—Basic (in shares) | — | — | 6.3m | 42.3m | 62.3m | 63.2m | 63.6m | 64.3m | 66.0m | 155.3m | — | |
| Weighted average common shares outstanding—diluted (in shares) | — | — | 6.3m | 42.3m | 62.3m | 63.2m | 63.6m | 64.3m | 66.0m | 180.9m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 6.3m | 42.3m | 62.3m | 63.2m | 63.6m | 64.3m | 66.0m | 180.9m | 381.1m | |
| Additional Financial Items | ||||||||||||
| Loss on write-down of assets held for sale | — | — | — | — | — | — | — | $16.6m | $0 | $49.0m | — | |
| Loss from impairment of long-lived assets | — | — | — | — | — | — | — | $0 | $0 | $51.3m | — | |
| Remeasurement of warrant liability | — | ($385k) | ($1.1m) | ($12.5m) | $0 | $0 | — | $0 | $0 | $15.1m | — | |
| Remeasurement of derivative liability | — | — | — | — | — | — | — | $0 | $0 | ($12.3m) | — | |
| Other, net | — | ($427k) | $352k | $3.6m | ($759k) | ($487k) | ($420k) | $11.6m | ($10k) | $15.3m | — | |
| Income (loss) before taxes | — | — | — | ($12.4m) | ($52.7m) | ($179.1m) | ($347.2m) | ($334.2m) | ($160.2m) | $219.1m | — | |
| Equity in losses of unconsolidated joint venture | — | — | — | $0 | $0 | $3.0m | $18.9m | $3.9m | $73k | $78k | — |