Beyond Meat Q4 Revenue Falls 20%, Loss Widens

Beyond Meat Inc., the plant-based protein company, reported a sharper quarterly loss and declining revenue for the fourth quarter of 2025, highlighting persistent challenges in the alternative meat sector. The earnings, released after market close on March 31, showed net revenue of $61.6 million, a 19.7 percent decrease from $76.8 million in the same period a year earlier. The company posted an operating loss of $132.7 million, compared with $37.8 million the previous year. Shares fell about 9.7 percent in after-hours trading to around 63 cents, continuing a steep decline from the company's 2019 initial public offering price of $25 per share.

The results missed analyst expectations, with earnings per share of negative 29 cents against a consensus forecast of negative 12 cents. Revenue also fell short of the projected $63 million. Volume sales dropped 22.4 percent, driven by weak demand in the plant-based category and reduced purchases from quick-service restaurant customers for products like burgers and chicken alternatives. Gross margin shrank to 2.3 percent, while adjusted EBITDA reflected a loss of $69 million.

"Our results for the fourth quarter of 2025 reflect ongoing...