Beyond Meat (BYND) reported second-quarter 2026 net revenues of $68.8 million, down 8.2% from $75.0 million a year earlier. The company reported net income of $16.4 million, compared with a net loss of $31.8 million in the year-ago period.
Basic net income per share available to common stockholders was $0.03, while diluted net loss per share was $0.06. Beyond Meat said the increase in net income was primarily driven by a $57.7 million non-cash gain on debt extinguishment related to conversions of a portion of its 2030 Notes.
- Gross profit was $5.9 million, with gross margin of 8.5%.
- Loss from operations was $30.8 million, compared with $37.5 million a year earlier.
- Adjusted EBITDA was a loss of $27.7 million, or negative 40.2% of net revenues.
- International retail revenue rose 16.5% to $18.5 million.
- Third-quarter outlook calls for net revenues of approximately $60 million to $65 million.
$BYND Insider Trading Activity
$BYND insiders have traded $BYND stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $BYND stock by insiders over the last 6 months:
- LUBI KUTUA (CFO, Treasurer) sold 419,042 shares for an estimated $253,310
- TERI L WITTEMAN (Chief Legal Officer, Secretary) sold 29,978 shares for an estimated $29,978
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BYND Hedge Fund Activity
We have seen 118 institutional investors add shares of $BYND stock to their portfolio, and 91 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC added 7,825,171 shares (+1614.8%) to their portfolio in Q1 2026, for an estimated $5,490,139
- UBS GROUP AG added 4,228,228 shares (+43.2%) to their portfolio in Q1 2026, for an estimated $2,966,524
- JANE STREET GROUP, LLC removed 2,370,340 shares (-94.9%) from their portfolio in Q1 2026, for an estimated $1,663,030
- BALYASNY ASSET MANAGEMENT L.P. removed 2,311,723 shares (-93.0%) from their portfolio in Q1 2026, for an estimated $1,621,904
- GMT CAPITAL CORP added 1,974,500 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,385,309
- BANK OF AMERICA CORP /DE/ removed 1,552,056 shares (-59.8%) from their portfolio in Q1 2026, for an estimated $1,088,922
- IEQ CAPITAL, LLC added 1,448,225 shares (+789.1%) to their portfolio in Q1 2026, for an estimated $1,016,074
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.