Beyond Meat reports Q4 and full-year 2025 results with revenue decline but net income boosted by debt restructuring gain

Beyond Meat reported a 19.7% drop in Q4 2025 revenue to $61.6 million and a 15.6% decline for the full year, driven by reduced product volume amid weak demand. Despite operational losses, the company posted net income of $409.9 million in Q4 and $219.9 million for the year, primarily due to a $548.7 million non-cash gain from debt restructuring. Beyond Meat is focusing on stabilizing revenue, expanding margins, and repositioning its brand as Beyond The Plant Protein Company™ in 2026, while managing costs and liquidity improvements. The company also disclosed internal control weaknesses affecting prior financial statements and delayed its 2025 annual report filing.