Beyond Meat — Third Quarter 2026 Earnings Summary

Beyond Meat reported third-quarter 2026 total net revenues of $64.5 million, representing an 8.1% decrease from the prior year period. The company recorded a net loss of $82.8 million, or $4.32 per share, driven by a $57.1 million non-cash impairment charge and $20.8 million in accelerated rent expenses. Gross margin improved to 19.3% from 7.4% in the previous year, primarily due to lower manufacturing costs and higher price realization. Adjusted EBITDA narrowed to a loss of $24.6 million, while the company expects fourth-quarter revenues to range between $54 million and $59 million.