BEYOND MEAT, INC.
For the period ended Sep 26, 2026. Filed Nov 10, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 26, 2026 · Filed Nov 10, 2026
BYND$5.65-7.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except share and per share data)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| September 26, 2026 | September 27, 2025 | September 26, 2026 | September 27, 2025 | |
| Net revenues | $55,149 | $62,776 | $163,747 | $194,223 |
| Net revenues - related parties | 9,380 | 7,442 | 27,820 | 19,684 |
| Total net revenues | 64,529 | 70,218 | 191,567 | 213,907 |
| Cost of goods sold | 46,498 | 57,688 | 154,228 | 189,204 |
| Cost of goods sold - related parties | 5,609 | 7,302 | 17,059 | 18,481 |
| Total cost of goods sold | 52,107 | 64,990 | 171,287 | 207,685 |
| Gross profit | 12,422 | 5,228 | 20,280 | 6,222 |
| Operating expenses: | ||||
| Research and development expenses | 15,290 | 4,917 | 24,699 | 18,186 |
| Selling, general and administrative expenses | 32,949 | 46,962 | 103,002 | 136,141 |
| Selling, general and administrative expenses - related parties | 46 | 168 | 352 | 599 |
| Total selling, general and administrative expenses | 32,995 | 47,130 | 103,354 | 136,740 |
| Loss from impairment of long-lived assets | 57,097 | 51,288 | 57,097 | 51,288 |
| Total operating expenses | 105,382 | 103,335 | 185,150 | 206,214 |
| Loss from operations | (92,960) | (98,107) | (164,870) | (199,992) |
| Other income (expense), net: | ||||
| Interest expense | (6,962) | (4,418) | (20,265) | (7,444) |
| Remeasurement of delayed draw term loan warrant liability | 2,614 | 4,774 | 3,838 | 4,774 |
| Remeasurement of derivative liability | 13,321 | — | 21,374 | — |
| Gain on debt extinguishment | — | — | 63,789 | — |
| Other (expense) income, net | 1,169 | 750 | 1,270 | 12,799 |
| Total other income, net | 10,142 | 1,106 | 70,006 | 10,129 |
| Loss before taxes | (82,818) | (97,001) | (94,864) | (189,863) |
| Income tax expense | — | — | — | — |
| Equity in losses of unconsolidated joint venture | 11 | 7 | 43 | 77 |
| Net loss | $(82,829) | $(97,008) | $(94,907) | $(189,940) |
| Net loss per share available to common stockholders: | ||||
| Basic | $(4.32) | $(37.96) | $(5.82) | $(74.53) |
| Diluted | $(4.32) | $(37.96) | $(5.82) | $(74.53) |
| Weighted average common shares outstanding: | ||||
| Basic | 19,152,391 | 2,555,696 | 16,301,717 | 2,548,532 |
| Diluted | 19,152,391 | 2,555,696 | 16,301,717 | 2,548,532 |
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