Beyond Meat Q1 Loss Triggers 9% Drop

Beyond Meat reported Q1 2026 revenue of $58.2 million, down 15.3% YoY and missing consensus of $59.6 million.
Adjusted loss widened to $0.10 per share versus $0.07 expected, while operating expenses fell to $43.1 million from $57.4 million.
Gross profit turned positive at $2.0 million (3.4% margin) after a $6.9 million loss year‑ago, aided by lower COGS per pound.
Shares dropped 9% in after‑hours trading; the company projects Q2 net revenue of $60‑$65 million, midpoint $62.5 million.