BEYOND MEAT, INC.
For the period ended Dec 31, 2025. Filed Apr 9, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Apr 9, 2026
BYND$6.10+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net revenues | $275,496 | $326,452 | $343,376 |
| Cost of goods sold | 267,850 | 284,753 | 426,031 |
| Gross profit (loss) | 7,646 | 41,699 | (82,655) |
| Research and development expenses | 23,235 | 28,149 | 39,530 |
| Selling, general and administrative expenses | 217,757 | 169,674 | 203,705 |
| Loss on write-down of assets held for sale | 48,987 | — | 16,639 |
| Loss from impairment of long-lived assets | 51,288 | — | — |
| Restructuring expenses | — | — | (631) |
| Total operating expenses | 341,267 | 197,823 | 259,243 |
| Loss from operations | (333,621) | (156,124) | (341,898) |
| Other income (expense), net: | |||
| Interest expense | (14,028) | (4,097) | (3,955) |
| Remeasurement of warrant liability | 15,077 | — | — |
| Remeasurement of derivative liability | (12,288) | — | — |
| Gain on debt restructuring, net of exchange fees | 548,651 | — | — |
| Other, net | 15,311 | (10) | 11,616 |
| Total other income (expense), net | 552,723 | (4,107) | 7,661 |
| Income (loss) before taxes | 219,102 | (160,231) | (334,237) |
| Income tax (benefit) expense | — | (26) | 5 |
| Equity in losses of unconsolidated joint venture | 78 | 73 | 3,902 |
| Net income (loss) | $219,024 | $(160,278) | $(338,144) |
| Less: Earnings allocated to participating securities | (41,012) | — | — |
| Net income (loss) available to common stockholders—basic | $178,012 | $(160,278) | $(338,144) |
| Net income (loss) per share available to common stockholders—basic | $1.15 | $(2.43) | $(5.26) |
| Weighted average common shares outstanding—basic | 155,266,711 | 66,004,815 | 64,300,099 |
| Net loss per share available to common stockholders—diluted | $(1.83) | $(2.43) | $(5.26) |
| Weighted average common shares outstanding—diluted | 180,919,958 | 66,004,815 | 64,300,099 |
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