Catenaa, Tuesday, November 11, 2025- Beyond Meat stock fell by 7% on Tuesday as meme-stock investors were forced to reckon with the company’s weak fundamentals.
After the closing bell on Monday, the maker of plant-based meat alternatives posted a loss of $110.7 million in its fiscal third quarter, wider than a loss of $26.6 million in the previous year.
While revenue of $70.2 million topped the $69 million consensus among analysts polled by FactSet, the number was down 13.3% from last year.
The company attributed the decrease to a 10% decline in volumes of products sold and a 3.5% decline in revenue per pound. This trend is nothing new; the broader plant-based meat-alternatives industry has grappled with falling volumes for years.
Beyond Meat has fallen by over 66% so far this year and by 37% since October 11.
Beyond hasn’t turned an annual profit since becoming the first pure-play maker of plant-based meat alternatives to go public in 2019. Sales peaked in 2021 before falling sharply, largely due to shifting customer preferences.
The company delayed the release of its third-quarter report last week, saying it needed more time to quantify the amount of a noncash impairment charge related to certain long-lived assets. The amount came to $77.4 million, Beyond disclosed Monday.
This charge contributed to a total loss from operations of $112.3 million, compared with a $30.9 million loss in the previous year.
