Beyond Meat Inc (0Q3.SW) Q4 2024 Earnings Report

Beyond Meat reported QQ4 2024 revenue of $76.66 million, marking a 17.74% year-over-year decline and a 5.37% quarter-over-quarter drop. The company posted a gross profit of $10.01 million corresponding to a gross margin of 13.05%, but remained loss-making with operating income of $(37.81) million and a net income of $(44.86) million, or $(0.65) per diluted share. The results highlight sustained top-line softness alongside persistent profitability headwinds driven by elevated operating expenses and ongoing leverage in the cost structure. Cash burn remained evident as operating cash flow was $(28.95) million and free cash flow was $(35.43) million for the quarter, while the balance sheet shows a materially leveraged position with long-term debt of approximately $1.218 billion and negative stockholders’ equity at $(601.21) million. Liquidity metrics remained solid in the near term (current ratio 4.66, cash ratio 2.15), but the business faces meaningful debt repayment and capital allocation challenges as it works to restore profitability.