Beyond Meat, Inc. (BYND) on Tuesday reported fourth-quarter net income of $409.9 million, compared to a net loss of $44.9 million in the year-ago period.
Net income per share available to common stockholders-basic was $0.84, compared to net loss per share available to common stockholders-basic of $(0.65) in the year-ago period.
Net loss per share available to common stockholders-diluted was $(0.29), compared to net loss per share available to common stockholders-diluted of $(0.65) in the year-ago period
Net income included a $548.7 million non-cash gain on debt restructuring.
Net revenues were $61.6 million, a decrease of 19.7% year-over-year, compared to $76.7 million a year ago. The decrease in net revenues was primarily driven by a 22.4% decrease in volume of products sold, partially offset by a 3.5% increase in net revenue per pound.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.