Company Analysis

Beyond Meat, Inc. (BYND)

Nasdaq: BYND · Food and Kindred Products · El Segundo, CA · filing with the SEC since 2015
Grade3.1
◀ Past 2.6● Present 2.9▶ Future 3.8
1 est.

The grade of Beyond Meat, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.1/10
◀ Past2.630% of the headline
● Present2.940% of the headline
▶ Future3.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.6/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.9/10

Has it survived what it has been through?

8 warning events since 2017; the latest 2026-11-05.

weight 33% of this tense · 19th percentile among 21 sector filers · read for itself

From the record

Beyond Meat, Inc.'s filings since 2017 show 8 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2026-04-09); a late-report notice (Form NT 10-K or NT 10-Q, 6 times, the latest 2026-11-05) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.7/10

What has it actually done, year after year?

+30.6% a year over 9 filed years; profitable in 1 of 9.

weight 45% of this tense · 37th percentile among 18 sector filers · read for its customers

From the record

Beyond Meat, Inc.'s 9 filed years say what it did: revenue went from $33 million in fiscal 2017 to $275 million in fiscal 2025, up 30.6% a year; it rose in 4 of 8 years; the deepest fall was 41% from fiscal 2021 to fiscal 2025; net income was positive in 1 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span30.6%top 15% of its family
  • the share of years revenue rosebottom 17% of its family
  • the share of filed years with a profitbottom 31% of its family
  • the deepest fall from a revenue peak40.7%bottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.4/10

How has it treated the people who own it?

SI estimate 1.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 14th percentile among 19 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 14% of 19 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 19 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Beyond Meat, Inc.'s shareholder treatment is put at 1.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 14% of 19 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
1.0/10

Is it financially healthy right now?

Leverage 100%: owes 100¢ per asset dollar.

weight 45% of this tense · 10th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Beyond Meat, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 1 cents per dollar of everything the company owns. Leverage: it owed about 100 cents per dollar of assets, and net share issuance: its share count grew 174.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 18% of its family
  • gross profit against assetsbottom 3% of its family
  • the share count against the year beforebottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.6/10

How strong is its position in its industry?

bottom 46% of 19 in its family; net margin 79.5%.

weight 33% of this tense · 46th percentile among 19 sector filers · read for its customers

From the record

Beyond Meat, Inc.'s standing among 19 graded names in its industry family: revenue of $275 million in fiscal 2025 ranks in the bottom 38% by size; a net margin of 79.5% ranks in the top 3%; revenue growth of -13% a year over the last 3 filed years ranks in the bottom 3% (its annual reports).

What it rests on

  • revenue against the family$275Mbottom 38% of its family
  • net margin79.5%top 3% of its family
  • three-year revenue growth-13.0%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.3/10

What are the people in charge doing?

bottom 43% of 13 in its family for leadership; chief executive since 2019.

weight 22% of this tense · 43rd percentile among 13 sector filers · read for its shareholders

From the record

Beyond Meat, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Brown, Ethan (President, Chief Exec. Officer, as filed), filing under that title since 2019-05-01, 7.5 years (top 14% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 3.5 years (bottom 19%); 16 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (bottom 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge16 in three years among 19 peoplebottom 23% of its family
  • the median years the people in charge have filed3.5 yearsbottom 19% of its family
  • the chief executive's years on the record7.5 yearstop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 18 in its family for room to expand.

weight 45% of this tense · 38th percentile among 18 sector filers · read for itself

From the record

Beyond Meat, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $218 million against debt of $416 million leaves -32.2% of its assets as net cash, bottom 45% of its family; cash from operations less capital spending is -57.1% of revenue (bottom 14%); a gross margin of 2.8% (bottom 3%); research spending of 8.4% of revenue (top 11%) (its annual report).

What it rests on

  • cash less debt against assets-32.2%bottom 45% of its family
  • cash from operations less capital spending against revenue-57.1%bottom 14% of its family
  • gross margin2.8%bottom 3% of its family
  • research spending against revenue8.4%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
1.3/10

What could actually drive growth from here?

bottom 13% of 17 in its family for growth drivers.

weight 33% of this tense · 13th percentile among 17 sector filers · read for its customers

From the record

Beyond Meat, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -13% a year over the last three filed years against 30.6% over all 9, slowing (bottom 3% of its family); the newest year grew -15.6% (bottom 3%); research spending grew -28% a year (bottom 19%); capital spending grew -44.1% a year (bottom 26%) (its annual reports). Beyond Meat, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-43.6 points a yearbottom 3% of its family
  • the newest year's revenue growth-15.6%bottom 3% of its family
  • three-year growth of research spending-28.0%bottom 19% of its family
  • three-year growth of capital spending-44.1%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.6/10

Did its newest year beat what its own record pointed to?

top 24% of 16 in its family for expectations against reality.

weight 22% of this tense · 76th percentile among 16 sector filers · read for its shareholders

From the record

Beyond Meat, Inc.'s newest year against its own record: revenue of $275 million in fiscal 2025 came in 4.4% below the $288 million its prior three years' pace pointed to (bottom 47% of its family); net income of $219 million against a prior three-year average of $288 million (top 9%); a net margin of 79.5% against -78.3% before (top 9%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-4.4%bottom 47% of its family
  • net income against the prior three years' average+176%top 9% of its family
  • net margin against its prior averageup more than 100 pointstop 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BYND · research, not advice