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Beyond Meat, Inc. (NASDAQ: BYND), founded in 2009 and headquartered in El Segundo, California, develops plant-based meat alternatives aimed at addressing human health, climate change, resource constraints, and animal welfare. Its signature Beyond Burger patty, along with products like Beyond Chicken, Beyond Beef Crumbles, and Beyond Steak, is distributed through retail and foodservice channels in over 65 countries.
Corporate Structure and Workforce
Beyond Meat operates as a public company with approximately 730 employees. The company's equity is traded on the NASDAQ under the ticker symbol BYND. As of September 29, 2025, CFO Lubi Kutua filed an SEC Form S-8 registering 100 million additional shares under the 2018 Equity Incentive Plan, indicating ongoing efforts to incentivize employee performance.
Plant-based meat by LikeMeat
Developments and News
On October 13, 2025, Beyond Meat’s stock closed at $0.9714, down 51.67% on the day, with 25,594,167 shares traded. In its Form 8-K dated October 6, 2025, the company reported no material acquisitions or senior-management changes. Key operational updates include:
- Q2 2025 (quarter ended June 28): reported revenue of $75 million, a 19.6% year-over-year decline, and a net loss of $29.2 million, which represented an improvement of $5.3 million from Q2 2024. Cash and cash equivalents were reported at $103 million compared to $132 million at the end of 2024.
- Supplier payment delays: Days beyond terms increased from 8 days in August 2024 to 19 days in July 2025, as reported by Creditsafe.
- Workforce reductions: The company announced a 19% reduction in staff in October 2022; subsequent layoffs followed a 9% revenue decline in November 2023; operations in China were halted with additional layoffs in February 2025; and a further 6% workforce reduction was announced in August 2025.
- SEC filings: Form S-3 for securities issuance became effective on September 30, 2025.
- Brand recognition and partnerships: Beyond Meat was named to TIME’s World’s Best Brands 2025 and established a partnership with the Premier Lacrosse League. Product reviews have highlighted the Beyond Steak Filet.
Financial and Strategic Analysis
Beyond Meat’s trailing-twelve-month revenue totaled $301.35 million, with a net loss of $153.6 million and a profit margin of –50.97%. The company’s market capitalization is approximately $178.8 million, while its enterprise value stands at $1.36 billion. Key metrics include a price-to-sales ratio of 0.55 and a beta of 2.34. Total cash as of June 28 was $103.5 million against leveraged free cash flow of –$78.15 million.
The balance sheet indicates approximately $1.2 billion in debt, including convertible bonds maturing in March 2027, which currently trade at roughly 17 cents on the dollar. Management is reportedly in discussions with bondholders regarding potential debt restructuring. Cost-cutting measures and the appointment of an interim chief transformation officer are part of efforts to improve financial performance. The company aims to reach EBITDA breakeven by the end of 2026.
Market Position and Industry Context
Beyond Meat products are available through 27,000 retail outlets in the U.S. and 38,000 internationally, in addition to 64,000 foodservice locations worldwide. Pea protein remains the primary ingredient sourced from Roquette Frères. Major customers include Dot Foods, which accounted for 12% of revenue in 2024. Competitors such as Impossible Foods face similar challenges in the plant-based meat segment, which remains a niche market. A trend among younger consumers indicates a preference for sustainability and health benefits; however, economic conditions and concerns over the level of processing have led some consumers back to animal-based proteins.
tl;dr
As of October 13, 2025, BYND shares trade near $1, down 51.67% on the day. For Q2 2025, revenue was $75 million (–19.6% year-over-year) with a net loss of $29.2 million and cash holdings of $103 million. The company has approximately $1.2 billion in debt, including convertible bonds maturing in March 2027 that trade at 17 cents. Management has filed to issue shares for employee incentives and is negotiating debt restructuring while targeting EBITDA breakeven by the end of 2026.
