Beyond Meat 2025 Q3 Earnings Widening Losses as Net Loss Surges 316.5%

Beyond Meat (BYND) reported its fiscal 2025 Q3 earnings on Nov 10, 2025, delivering results that fell well below expectations. The stock price plummeted 31.98% month-to-date, reflecting investor concerns over declining sales and expanding losses. The company provided Q4 guidance of $60–65 million, a range below pre-announcement estimates, signaling ongoing uncertainty in its operating environment.

Revenue

Retail sales accounted for the largest portion at $44.35 million, followed by foodservice revenue of $25.87 million, with total net revenues amounting to $70.22 million. This marked a 13.3% decline compared to $81.01 million in Q3 2024, driven by weaker demand across U.S. retail and foodservice channels, partially offset by modest international foodservice growth.

Earnings/Net Income

The company’s losses deepened to $1.44 per share in Q3 2025, a 251.2% increase in losses compared to $0.41 per share in Q3 2024. Net losses widened to $110.69 million, a 316.5% increase from $26.58 million in the prior year. The substantial increase in losses reflects deteriorating operational performance and financial challenges.

Post-Earnings Price Action Review

The stock price of Beyond Meat has experienced a sharp decline in the wake of its earnings report, with a 4.96% drop during the latest trading day and a 3.60% weekly loss. Month-to-date, the stock has plummeted 31.98%, underscoring investor pessimism amid deteriorating financial metrics. The pronounced sell-off suggests market skepticism about the company’s ability to reverse its revenue slump and manage its widening losses.

CEO Commentary

CEO Ethan Brown emphasized strategic initiatives to reduce leverage, extend debt maturity, and boost liquidity, while acknowledging operational challenges in China and weak demand. He expressed optimism about the improved balance sheet but highlighted ongoing category headwinds and softer top-line performance.

Guidance

The company’s Q4 2025 net revenue guidance of $60–65 million reflects elevated uncertainty, with no additional financial targets provided. Management cited risks from macroeconomic factors and liquidity needs but did not disclose revenue or margin projections beyond Q4.

Additional News

1. Legal Investigation: Levi & Korsinsky LLP announced an investigation into potential securities law violations following Beyond Meat’s disclosure of a material non-cash impairment charge, which triggered a 23% stock price drop on October 24.

2. Delayed Filings: The company delayed its Q3 10-Q filing, citing the need to record a material impairment charge linked to long-lived assets, raising concerns about financial transparency.

3. Analyst Outlook: Despite the losses, some analysts maintain a cautiously optimistic stance, noting Beyond Meat’s efforts to reduce costs and expand gross margins, though most price targets remain below the current stock price.