The core business continues to shrink with negative operating cash flow and a worsening adjusted EBITDA margin. Q3 guidance below Q2 actuals suggests no near-term inflection. Monitor for further cash burn rate and any debt restructuring developments, as the company's $186M cash balance provides a limited runway against ongoing losses.
Price Chart
Executive Summary
Beyond Meat reported Q2 2026 revenue of $68.8M, down 8.2% YoY but above the high end of its $60-65M guidance. GAAP net income of $16.4M was driven by a $57.7M non-cash gain on debt extinguishment, not operations; adjusted EBITDA loss widened to -40.2% of revenue from -33.0% a year ago. The company guided Q3 2026 revenue to $60-65M, below Q2's actual, signaling continued core business contraction with negative operating cash flow.
Key Financial Metrics
Key Facts
- Q2 2026 revenue $68.8M, down 8.2% YoY from $75.0M
- GAAP net income $16.4M vs net loss of $(31.8)M YoY, driven by $57.7M non-cash gain on debt extinguishment
- Adjusted EBITDA loss of $27.7M, or -40.2% of revenue, worsening from -33.0% a year ago
- Q3 2026 revenue guidance of $60-65M, below Q2's $68.8M actual
- Net cash used in operating activities was $23.2M in H1 2026, improved from $58.0M in H1 2025
- U.S. retail revenue down 9.9%, U.S. foodservice down 27.6%, international foodservice down 16.0%
- International retail grew 16.5% to $18.5M, partially offsetting declines
Financial Impact
Revenue decline of 8.2% YoY to $68.8M; adjusted EBITDA loss of -40.2% of revenue; Q3 guidance $60-65M implies further sequential decline
Risk Factors
- Continued revenue decline and weak category demand
- Negative operating cash flow and high cash burn rate
- Significant debt load of $323.8M with limited refinancing options
- Dilution risk from convertible debt conversions
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3339855 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 7w ago | 8-K | $13.47 $10.31 | ▲ +23.46% | ▲ +21.47% | $8.13 (+39.68%) |
Aug 11, 2026 7w ago | 8-K | $0.4176 $10.85 | ▲ +2498.66% | ▲ +2499.72% | $8.13 (+1845.64%) |
Aug 10, 2026 7w ago | 8-K | $0.5200 $11.21 | ▲ +2055.77% | ▲ +2056.68% | $8.13 (+1462.50%) |
Aug 6, 2026 8w ago | Institutional Cluster | $0.5275 $11.27 | ▼ −2036.49% | ▼ −2035.89% | $8.13 (−1440.28%) |
Aug 5, 2026 8w ago | Press Release | $0.5275 $11.27 | ▼ −2036.49% | ▼ −2035.89% | $8.13 (−1440.28%) |
Aug 5, 2026 8w ago | 8-K | $0.5275 $11.27 | ▼ −2036.49% | ▼ −2035.89% | $8.13 (−1440.28%) |
Jul 17, 2026 10w ago | 8-K | $0.5945 $11.63 | ▲ +1856.27% | ▲ +1852.14% | $8.13 (+1266.69%) |
Jun 25, 2026 14w ago | 8-K | $0.6594 $0.5601 | ▼ −15.06% | ▼ −16.32% | $8.13 (+1132.18%) |
Jun 3, 2026 17w ago | 8-K | $0.7630 $0.7103 | ▼ −6.91% | ▼ −5.28% | $8.13 (+964.88%) |
Apr 24, 2026 22w ago | 8-K | $0.9010 $0.7684 | ▲ +14.72% | ▲ +19.67% | $8.13 (−801.78%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access