“Total other income (expense), net, in the three months ended March 29, 2025 of $3.3 million consisted primarily of $3.5 million in net realized and unrealized foreign currency transaction gains due to favorable changes in foreign currency exchange rates of th…”10-Q · May 7, 2026 ↗
Beyond Meat, Inc.
BYND
Market read
Beyond Meat, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 28 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.
- BYND's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if BYND's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 28 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- BYND's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Net margin changed +128.6 percentage points in the latest annual period.
- Latest annual revenue changed -15.6% year over year.
- Operating margin changed -73.3 percentage points in the latest annual period.
- Operating cash flow was only -0.662x net income in the latest annual period.
- Demand and volume has repeated adverse evidence across 4 filings.
- Product pipeline and R&D has repeated adverse evidence across 3 filings.
- Restructuring and cost reductions has repeated adverse evidence across 3 filings.
- P/E is 40% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 577% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
10.46Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The increase in volume of products sold was primarily driven by improved demand and limited distribution gains in our European markets, partially offset by certain 57 distribution losses in Canada.”10-Q · May 7, 2026 ↗
“Net loss in the three months ended March 29, 2025, included $12.9 million in non-cash expenses comprised of depreciation and amortization expense, including accelerated depreciation recorded resulting from the suspension of our operational activities in China…”10-Q · May 7, 2026 ↗
“Gross margin improvement is also expected to continue to be negatively impacted by the impact of inflation, tariffs and increasing labor costs, materials costs and transportation costs.”10-Q · May 7, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 6.9× · EV/sales 7.6×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for BYND. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for BYND. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind BYND
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
PEPPepsiCo, Inc.partnerMay 7, 2026 ▾
“The Planet Partnership In 2021, we entered into TPP, a joint venture with PepsiCo, Inc., to develop, produce and market innovative snack products made from plant-based protein.”
SYYSysco CorporationdistributorApr 9, 2026 ▾
“Praeger’s Sensible Foods, Plantspired (Nasoya Foods USA, LLC), Daring Foods, Moving Mountains, Omnipork (OmniFoods), Tofurky, Sweet Earth and Awesome Burger (Nestlé S.A.), Raised & Rooted (Tyson Foods), Happy Little Plants (Hormel Foods), Sysco’s Simply Plant…”
CAGConagra Brands, Inc.competitorApr 9, 2026 ▾
“We believe that we compete with both conventional animal-protein companies, such as Cargill, Hormel Foods, JBS, Perdue Foods and Tyson Foods, and also plant-based meat brands, including brands affiliated with conventional animal-protein companies and other la…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
BYND is currently a Early Follower in the organic co-movement group Gold Mining. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for BYND; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.