Beyond Meat Q2 FY26 turns to net income of $16.4 million; net revenues fall 8.2% to $68.8 million
Reuters2026/08/05 22:54Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Beyond Meat posted Q2 net revenues of USD 68.8 million, down 8.2% year over year.
- Net income swung to USD 16.4 million, driven primarily by a USD 57.7 million non-cash gain on debt extinguishment tied to 2030 Notes conversions.
- Operating loss narrowed to USD 30.8 million from a year earlier, helped by lower operating expenses and partly offset by weaker gross profit.
- Adjusted EBITDA loss (non-GAAP) widened to USD 27.7 million, equal to -40.2% of net revenues.
- Forecast Q3 net revenues of about USD 60 million to USD 65 million; management cited international retail growth and the U.S. debut of Beyond Steak Filet.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beyond Meat Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001655210-26-000053), on August 05, 2026, and is solely responsible for the information contained therein.
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