Beyond Meat Reports Q3 Revenue Decline, Provides Q4 Guidance
Beyond Meat reported third-quarter 2026 revenue of $64.5 million, down 8.1% year over year. Gross margin rose to 19.3% from 7.4%, while net loss was $82.8 million and Adjusted EBITDA loss was $24.6 million. The company forecast fourth-quarter revenue of $54 million to $59 million.
Beyond Meat, Inc. announced its financial results for the third quarter ended September 26, 2026, reporting total net revenue of $64.5 million, an 8.1% decrease compared to the same period last year. The company achieved a gross margin of 19.3%, up from 7.4% in the year-ago quarter, while recording a net loss of $82.8 million and an Adjusted EBITDA loss of $24.6 million. The results were impacted by a 10.9% decline in total product volume, attributed to weak category demand and reduced distribution in U.S.
retail and foodservice channels, partially offset by growth in international retail. Operating expenses included $57.1 million in non-cash impairment charges related to long-lived assets. For the fourth quarter of 2026, the company provided revenue guidance in the range of $54 million to $59 million.