Beyond Meat 2025 Q2 Earnings Narrowed Losses Amid Revenue Decline

Beyond Meat reported its fiscal 2025 Q2 earnings on August 7, 2025. The results fell short of expectations with a significant revenue decline, and the company did not raise or revise its guidance during the quarter.

Revenue
Beyond Meat’s total revenue for the second quarter of 2025 dropped by 19.6% to $74.96 million, a sharp contrast to the $93.19 million recorded in the same period in 2024. The retail segment remained the company’s strongest contributor, generating $48.78 million, while the foodservice segment added $26.18 million. These figures highlight the continued softness in the plant-based meat category, particularly in the U.S. retail market and select international foodservice channels.

Earnings/Net Income
Beyond Meat narrowed its net loss to $33.16 million for the quarter, representing a modest 3.8% reduction compared to the $34.48 million loss in the prior-year period. On a per-share basis, the loss decreased from $0.53 to $0.43, signaling a 18.9% improvement. While these improvements are positive, the company still reported a net loss for the quarter, indicating that profitability remains out of reach.

Price Action
The stock experienced a downward trend across multiple timeframes, with a 3.63% drop in a single trading day, a 9.88% decline for the week, and a 16.81% decrease month-to-date, reflecting ongoing investor concerns.

Post-Earnings Price Action Review
The strategy of purchasing Beyond Meat shares immediately after its quarterly earnings and holding for 30 days showed mixed outcomes over the past three years. While the stock appreciated on average by 2.77% on the day following earnings, it subsequently declined by 1.15% over the 30-day period, indicating short-term volatility. Although the overall return was 23.94% over 36 months, the performance relative to broader market benchmarks remains unclear, making it difficult to assess the strategy’s effectiveness.

CEO Commentary
Ethan Brown, Beyond Meat’s President and CEO, acknowledged the disappointing Q2 results, which he attributed to ongoing challenges in the plant-based meat sector. To address these issues, the company is accelerating cost-cutting initiatives, prioritizing core product distribution, and investing in margin expansion. Brown also highlighted the expansion of the partnership with AlixPartners and the appointment of John Boken as interim Chief Transformation Officer to lead the transformation efforts. Despite the difficult market conditions, he emphasized the company’s commitment to strengthening its balance sheet for long-term stability.

Guidance
The company did not provide updated guidance for the remainder of the year, leaving investors without clear expectations for future performance.

Additional News
In conjunction with its earnings report, Beyond Meat announced a reduction-in-force impacting approximately 44 employees in North America, equivalent to 6% of its global workforce. The move aims to align the company’s cost structure with its current revenue outlook and is expected to result in one-time cash charges of $0.8–$1.3 million in Q3 2025. Additionally, the company anticipates annualized savings of $5.0–$6.0 million in cash compensation and $0.5–$1.0 million in non-cash savings from unvested stock-based compensation over the next 12 months. These restructuring efforts are part of a broader strategic transformation to reduce operating expenses and improve margin expansion.