Forensic Analysis · Consumer Staples / Food & Beverage · as of Aug 15, 2026

Beyond Meat, Inc. (BYND)

A forensic read on Beyond Meat, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

F · Poor — capital at risk

Forensic grade

Safe

Financial health

5.6

Distress distance

Watch

Earnings quality

Forensic signals

0.7

P / E (ttm)

$6.9B

Market cap

-15.6%

Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Beyond Meat, Inc. earns an F (Poor — capital at risk) forensic quality grade, and its balance-sheet distress test reads 5.6, placing it in the Safe zone. 3 forensic signals were flagged in its latest SEC filings, led by return on invested capital.

What the filings flag

-89.4%

FY2025

Return on invested capital. Return on invested capital is -89.4% in the latest fiscal year and slipping from -40% — well below its ~8% cost of capital, and it has been across FY2019–FY2025, so reinvested dollars have not been earning their keep.

-$351.6M

FY2023–FY2025

Cash burn vs. reported loss. Over FY2023–FY2025, the company reported a cumulative net loss of $279.4M against operating cash flow of -$351.6M. Cash burn ran heavier than the reported loss — something outside net income (working capital, a cash item not in the P&L) is consuming cash faster than the loss alone implies.

n/m (stock split)

FY2022–FY2025

Share count (stock split). Diluted share count changed +184% over the last 3 years to FY2025, but that includes a large one-time change around FY2025 consistent with a stock split or reverse split, not gradual buybacks or issuance — a split changes the count with NO effect on any holder's proportional ownership, so the raw +41.7%/yr figure isn't a real buyback/dilution read here.

Key fundamentals

Latest Revenue$275.5M

Revenue Growth YoY-15.6%

Net Margin79.5%

Free Cash Flow-$157.2M

The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Beyond Meat, Inc.'s actual 10-K/10-Q/8-K filings?

Generate the AI investment read →

No credit card · informational only, not investment advice · see the track record

← Browse all forensic stock analyses

Data from SEC EDGAR public filings · metrics as of Aug 15, 2026. Forensic signals flag probability, not certainty.