Shopify reported second-quarter earnings on August 5 with 34% revenue growth and 18% free-cash-flow margins, while Beyond Meat continues to face declining sales and legal challenges. Shopify’s fiscal 2025 revenue reached nearly $11.6 billion, a 30.1% increase, with net income of roughly $1.2 billion and a debt-to-equity ratio of 0.0x. In contrast, Beyond Meat’s fiscal 2025 revenue fell 15.6% to approximately $275.5 million, and despite reporting net income of about $219.9 million, its free cash flow was negative $172.8 million and its debt-to-equity ratio stood at -4576.3x. Beyond Meat also faces a $38.9 million trademark verdict and an ongoing securities class action, while Shopify contends with wiretapping lawsuits and platform-monitoring claims. Shopify’s forward P/E is 71.0x and its price-to-sales ratio is 14.6x, compared to Beyond Meat’s price-to-sales ratio of 1.0x and no forward P/E.
Beyond Meat IncRevenue fell 15.6%, free cash flow negative, high debt, legal issues
Shopify IncRevenue grew 34%, strong margins, net income positive
