7/1011 sources · 6 publishersUpdated Nov 5, 18:54 UTC
Beyond Meat posts Q3 2026 loss, revenue down 8% YoY but gross margin hits five‑year high
Beyond Meat reported third‑quarter 2026 net revenue of $64.5 million, an 8.1% year‑over‑year decline. Net loss narrowed to $82.8 million, or $4.32 per share, while adjusted EBITDA loss improved to $24.6 million. Gross margin rose to 19.3%, the highest in five years, and the company gave Q4 revenue guidance of $54 million‑$59 million.
Why it matters
The company says the narrower loss reflects higher margins and lower cash use, but the revenue decline signals continued demand pressure. Investors will see a smaller loss but still a substantial deficit and a need for further sales recovery.
Key facts
- 1Total net revenues were $64.5 million, a decrease of 8.1% year‑over‑year. finance.yahoo.com
- 2Gross profit was $12.4 million, giving a gross margin of 19.3% versus 7.4% a year ago. stocktitan.net
- 3Net loss was $82.8 million, or $(4.32) per share (basic and diluted). stocktitan.net
- 4Adjusted EBITDA loss was $24.6 million, or 38.1% of net revenues. stocktitan.net
- 5Q4 2026 revenue guidance is $54 million to $59 million. finance.yahoo.com
- 6Weighted‑average common shares outstanding were 19,152,391. quantisnow.com
Open questions
- Material 9 reports revenue of $55.15 million, conflicting with the $64.5 million figure in other sources.
Summary written by AlphAI AI Desk from 10 of 11 sources. Not investment advice. Figures are as stated by the linked sources.