Beyond Meat reports Q3 2026 results

Item 2.02 Results of Operations and Financial Condition.

On November 4, 2026, Beyond Meat, Inc. (the "Company") issued a press release announcing its financial results for the third quarter ended September 26, 2026.^{1 1}The full text of the press release is furnished herewith as Exhibit 99.1¹ and incorporated herein by reference.

In accordance with General Instruction B.2 of Form 8-K, the information contained or incorporated by reference in this Item 2.02, including the press release furnished herewith as Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended² (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such a filing.

Note Regarding Forward-Looking Statements.

Certain statements in this Current Report on Form 8-K constitute "forward-looking statements" within the meaning of the federal securities laws. These statements are based on management's current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events, future results and financial trends affecting the operating results and financial condition of the Company's business. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While the Company believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made or implied herein including, but not limited to, the risks discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 filed with the Securities and Exchange Commission (the "SEC") on April 9, 2026, the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 28, 2026 filed with the SEC on May 7, 2026, the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended June 27, 2026 filed with the SEC on August 6, 2026, and the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended September 26, 2026 to be filed with the SEC, as well as other factors described from time to time in the Company's filings with the SEC. Such forward-looking statements are made only as of the date of this Current Report on Form 8-K. The Company undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If it does update one or more forward-looking statements, no inference should be made that the Company will make additional updates with respect to those or other forward-looking statements.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit

Number

Description

99.1³

Press release of Beyond Meat, Inc. dated November 4, 2026 relating to its financial results for the third quarter ended September 26, 2026³

104³

Cover page interactive data file (embedded with the inline XBRL document)³

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BEYOND MEAT, INC.

By: /s/ Lubi Kutua⁴

Lubi Kutua⁴

Chief Financial Officer and Treasurer⁴

Date: November 4, 2026

For immediate release

Beyond Meat ® Reports Third Quarter 2026 Financial Results

EL SEGUNDO, Calif. — November 4, 2026 (GLOBE NEWSWIRE) —Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company TM (the "Company" or "Beyond Meat"), today reported financial results for its third quarter ended September 26, 2026.

Third Quarter 2026 Financial Highlights 1, 2

• Total net revenues were $64.5 million , a decrease of 8.1% year-over-year.⁵

• Gross profit was $12.4 million , or gross margin of 19.3% , compared to gross profit of $5.2 million , or gross margin of 7.4% , in the year-ago period.⁶

◦ In the year-ago period, gross profit and gross margin included $1.7 million in expenses related to the cessation of the Company's operational activities in China.

• Loss from operations was $93.0 million , or operating margin of (144.1)%⁷ , compared to loss from operations of $98.1 million , or operating margin of (139.7)% , in the year-ago period.

◦ Loss from operations included $57.1 million in non-cash impairment charges related to certain of the Company's long-lived assets⁷, compared to $51.3 million in the year-ago period.

◦ Loss from operations also included an additional $20.8 million in non-cash charges related to certain activities associated with the Company's campus headquarters building in El Segundo, California (the "Campus Headquarters").

◦ Loss from operations also included the following non-cash amounts recorded in operating expenses: $5.5 million in incremental share-based compensation expense related to the Company's exchange offer for its 0% Convertible Senior Notes due 2027 (the "2027 Notes") completed in October 2025 (the "Exchange Offer"); $0.4 million in amortization of costs related to the partial lease termination of a portion of the Campus

1 This release includes references to non-GAAP financial measures. Refer to "Non-GAAP Financial Measures" later in this release for the definitions of the non-GAAP financial measures presented and a reconciliation of these measures to their closest comparable GAAP measures.

2 Except as otherwise indicated, all information presented in this press release has been retroactively adjusted to give effect to a 1-for-30 reverse stock split and authorized share reduction that was effective on August 13, 2026.

Headquarters in 2025; $0.3 million in certain non-routine SG&A expenses; and a credit of $(21.8) million reflecting a reduction in a litigation-related accrual.

• Net loss was $82.8 million , compared to net loss of $97.0 million in the year-ago period.^{8 8}Net loss per share available to common stockholders - basic and diluted was $(4.32), compared to net loss per share available to common stockholders - basic and diluted of $(37.96) in the year-ago period.⁸ Net loss per share reflects 19,152,391 weighted average common shares outstanding, compared to 2,555,696 weighted average common shares outstanding in the year-ago period prior to completion of the Exchange Offer in the fourth quarter of 2025.

• Adjusted EBITDA was a loss of $24.6 million, or (38.1)% of total net revenues⁹, compared to an Adjusted EBITDA loss of $33.5 million, or (47.7)% of total net revenues, in the year-ago period.

Beyond Meat President and CEO Ethan Brown commented, "Our third quarter results represent measurable progress. Total net revenues came in at the high end of our guidance range, gross margin was our highest in five years, Adjusted EBITDA loss narrowed and we used less cash year-over year."

Brown continued, "O ur international retail channel registered a third consecutive quarter of growth, led by strong performance in Europe. More broadly, we believe we are taking the right steps as we pursue stabilization of U.S. revenues while aggressively driving enterprise-wide cost reduction, including through actions taken in the quarter to substantially reduce certain long-term lease obligations."

Third Quarter 2026

Total net revenues decreased 8.1% to $64.5 million in the third quarter of 2026, compared to $70.2 million in the year-ago period. The decrease in total net revenues was primarily driven by a 10.9% decrease in volume of products sold, partially offset by a 3.2% increase in total net revenue per pound. The decrease in volume of products sold was primarily driven by lower sales of burger products to Quick Service Restaurant ("QSR") customers in the international foodservice channel, and by reduced points of distribution and weak category demand in the U.S. foodservice and retail channels. The increase in total net revenue per pound was primarily driven by higher price realization on certain of the Company's products, lower trade discounts and changes in product sales mix, partially offset by unfavorable changes in foreign currency exchange rates.

U.S. retail channel net revenues decreased 13.2% to $24.8 million in the third quarter of 2026, compared to $28.5 million in the year-ago period. The decrease in U.S. retail channel net revenues was primarily driven by a 20.8% decrease in volume of products sold, partially offset by a 9.5% increase in net revenue per pound. The decrease in volume of products sold was primarily driven by lower sales of burger and dinner sausage products to club channels, reduced sales of breakfast sausage products, reduced points of distribution within certain