Filing Flows › Beyond Meat (BYND) › Q3 2025
Beyond Meat (BYND) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Beyond Meat (BYND) reported revenue of $70.2M for the third quarter 2025 (Q3 2025), -13% from a year earlier and -6% from the quarter before. Operating margin was -160.0%, net loss $111M (157.6% of revenue).
Beyond Meat, Q3 2025: revenue $70.2M (-13% year over year), operating margin -160.0%, net loss $111M, operating cash flow −$40.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $70.2M | -6% | -13% |
| Operating profit | −$112M | — | — |
| Net earnings | −$111M | — | — |
| Operating cash flow | −$40.2M | — | — |
What changed
Revenue was $70.2M in Q3 2025, down 13% year over year and down 6% from the previous quarter.
Gross margin was 10.3%, down 7.4 points from a year earlier. Operating costs exceeded revenue by $112.3M, an operating margin of -160.0%. Operating expenses grew 164% against a revenue fall of 13%. The quarter ended with a net loss of $110.7M, wider than the previous quarter's $29.2M loss.
Operating cash flow was −$40.2M. Non-cash charges added back $9.4M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items added $57.4M. Capital expenditures of $2.9M exceeded it, leaving free cash flow of −$43.1M.
Questions
What was Beyond Meat's revenue in the third quarter 2025?
Beyond Meat (BYND) reported revenue of $70.2M for the third quarter 2025 (Q3 2025), -13% from a year earlier and -6% from the quarter before.
Was Beyond Meat profitable in the third quarter 2025?
Operating loss was $112M (-160.0% of revenue) and net loss $111M.
Source: Beyond Meat 10-Q on SEC EDGAR.