Beyond Meat reported net income of $16.4 million for the second quarter of 2026, compared to a net loss of $31.8 million in the year-ago period, driven by a $57.7 million non-cash gain on debt extinguishment. Net revenues fell 8.2% to $68.8 million, while gross profit declined to $5.9 million, or 8.5% of net revenues, from $7.9 million, or 10.6%, a year earlier. Loss from operations narrowed to $30.8 million from $37.5 million, and adjusted EBITDA was a loss of $27.7 million, or negative 40.2% of net revenues, versus a loss of $24.7 million, or negative 33.0%, in the prior-year period. The company guided for third-quarter net revenues of approximately $60 million to $65 million.
Beyond Meat IncNet income swing driven by non-cash debt extinguishment gain, but revenues and margins declined; guidance weak.
