Beyond Meat Files Q3 2025 Preliminary Results

TL;DR

BYND dropped preliminary Q3 results, giving investors an early look at performance.

AI Summary

Beyond Meat, Inc. filed an 8-K on October 24, 2025, to report preliminary results for the third quarter of 2025. The filing indicates the company is providing an update on its financial condition and operations.

Why It Matters

This filing provides early insight into Beyond Meat's financial performance for the third quarter of 2025, which could impact investor sentiment and future strategic decisions.

Risk Assessment

Risk Level: medium — The filing concerns preliminary financial results, which can be subject to change and may indicate potential financial challenges or successes for the company.

Key Players & Entities

• Beyond Meat, Inc. (company) — Registrant
• October 24, 2025 (date) — Date of Report
• 888 N. Douglas Street, Suite 100 (address) — Principal executive offices
• El Segundo, California (location) — City and State of principal executive offices
• 20251024 (date) — Conformed Period of Report

FAQ

Key Financial Figures

• $0.0001 — ange on which registered Common Stock, $0.0001 par value BYND The Nasdaq Stock Market
• $70 million — revenue is expected to be approximately $70 million for the three months ended September 27
• $68 million — he Company's previous guidance range of $68 million to $73 million. Gross margin is expect
• $73 million — evious guidance range of $68 million to $73 million. Gross margin is expected to be in the
• $1.7 million — er 27, 2025, inclusive of approximately $1.7 million of expenses related to the suspension a
• $41 million — ted to be in the range of approximately $41 million to $43 million for the three months end
• $43 million — e range of approximately $41 million to $43 million for the three months ended September 27
• $2 million — er 27, 2025, inclusive of approximately $2 million of charges related to certain non-routi
• $39 million — ted to be in the range of approximately $39 million to $41 million. In addition to and not
• $73.0 million — acturer and claimed damages of at least $73.0 million. On September 15, 2025, the arbitrator

Filing Documents

• bynd-20251024.htm (8-K) — 34KB
• 0001655210-25-000201.txt ( ) — 148KB
• bynd-20251024.xsd (EX-101.SCH) — 2KB
• bynd-20251024_lab.xml (EX-101.LAB) — 21KB
• bynd-20251024_pre.xml (EX-101.PRE) — 12KB
• bynd-20251024_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On October 24, 2025, Beyond Meat, Inc. ("Beyond Meat" or the "Company") disclosed the following unaudited preliminary financial results as of and for the three months ended September 27, 2025. Net revenue is expected to be approximately $70 million for the three months ended September 27, 2025, which is in line with the Company's previous guidance range of $68 million to $73 million. Gross margin is expected to be in the range of approximately 10% to 11% for the three months ended September 27, 2025, inclusive of approximately $1.7 million of expenses related to the suspension and substantial cessation of operational activities in China. Excluding these charges, gross margin is expected to be in the range of approximately 12% to 13%. Operating expenses are expected to be in the range of approximately $41 million to $43 million for the three months ended September 27, 2025, inclusive of approximately $2 million of charges related to certain non-routine items, including incremental legal expenses associated with a contractual dispute with a former co-manufacturer, amortization of certain retention program expenses and costs related to a partial lease termination of a portion of the Company's campus headquarters building. Excluding these charges, operating expenses are expected to be in the range of approximately $39 million to $41 million. In addition to and not included in the preliminary estimates above, the Company expects to record a non-cash impairment charge for the three months ended September 27, 2025, related to certain of its long-lived assets. The Company's recoverability test, conducted in accordance with ASC 360, preliminarily indicated that the carrying amount of certain of its long-lived assets was not recoverable from the projected undiscounted future cash flows of the relevant asset group. Although the impairment charge is expected to be material, the Company is not yet able to reasonably q

01 Other Events

Item 8.01 Other Events. The information reported under Item 2.02 is hereby incorporated by reference herein. Arbitration with Former Co-Manufacturer. As previously disclosed, in March 2024, a former co-manufacturer brought an action against the Company in a confidential arbitration proceeding claiming that the Company inappropriately terminated its agreement with the co-manufacturer and claimed damages of at least $73.0 million. On September 15, 2025, the arbitrator issued an interim award (the "Interim Award") and found that the Company had a valid basis to terminate the agreement with the Manufacturer. The details of the Interim Award are confidential, and a final arbitration award has not been issued. Additional proceedings will be held to determine the award of attorneys' fees, prejudgment interest and costs, if any, before a final arbitration award will be issued. On September 25, 2025, the Manufacturer filed a request with the arbitrator to re-open the arbitration hearing. On September 29, 2025, the Company opposed this request. On October 20, 2025, the arbitrator denied the Manufacturer's request. Note Regarding Forward-Looking Statements. Certain statements in this Current Report on Form 8-K constitute "forward-looking statements" within the meaning of the federal securities laws, including statements related to the Company's expectations with respect to its third quarter results, including net revenue, gross margin, operating expenses and the non-cash impairment charge for the three months ended September 27, 2025. These statements are based on management's current opinions, expectations, beliefs, plans, objectives, assumptions and projections regarding financial performance, prospects, future events and future results, and involve known and unknown risks that are difficult to predict. In some cases, you can identify forward-looking statements by the use of words such as "expect," "may," "could," "intend," "plan," "seek," "anticipate," "believe," "est

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEYOND MEAT, INC. By: /s/ Lubi Kutua Lubi Kutua Chief Financial Officer and Treasurer Date: October 24, 2025