Filing Flows › Beyond Meat (BYND) › Q4 2025
Beyond Meat (BYND) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 9, 2026
Beyond Meat (BYND) reported revenue of $61.6M for the fourth quarter 2025 (Q4 2025), -20% from a year earlier and -12% from the quarter before. Operating margin was -211.4%, net earnings $412M (668.7% of revenue).
Beyond Meat, Q4 2025: revenue $61.6M (-20% year over year), operating margin -211.4%, net earnings $412M, operating cash flow −$46.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.6M | -12% | -20% |
| Operating profit | −$130M | — | — |
| Net earnings | $412M | — | — |
| Operating cash flow | −$46.8M | — | — |
What changed
Revenue was $61.6M in Q4 2025, down 20% year over year and down 12% from the previous quarter.
Operating costs exceeded revenue by $130.2M, an operating margin of -211.4%. The fastest-growing cost line was SG&A (+131%). Net earnings were $411.9M. The effective tax rate was 0.0%. Non-operating items added $542.0M, 132% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$46.8M. Non-cash charges added back $7.7M of depreciation and amortization and $17.1M of share-based compensation. Working capital and other items used $483.5M. Capital expenditures of $3.0M exceeded it, leaving free cash flow of −$49.8M.
Questions
What was Beyond Meat's revenue in the fourth quarter 2025?
Beyond Meat (BYND) reported revenue of $61.6M for the fourth quarter 2025 (Q4 2025), -20% from a year earlier and -12% from the quarter before.
Was Beyond Meat profitable in the fourth quarter 2025?
Operating loss was $130M (-211.4% of revenue) and net earnings $412M.
Source: Beyond Meat 10-K on SEC EDGAR.