Company Description
Beyond Meat, Inc. (NASDAQ: BYND) is a plant-based meat company that develops and sells products designed to replicate the taste and texture of animal-based meat using plant-derived ingredients. According to the company, its products are made from simple, non-GMO ingredients with no added hormones or antibiotics and contain 0 mg of cholesterol per serving. Founded in 2009, Beyond Meat positions its offerings as better for people and the planet, with a mission tied to human health, climate change, constraints on natural resources and animal welfare.
Beyond Meat states that its plant-based meats are crafted so consumers can experience familiar sensory attributes of popular animal-based meat products while choosing plant-based protein. The company’s brand promise, Eat What You Love®, reflects its view that everyday food choices can have a meaningful impact on personal health and environmental outcomes.
Business model and revenue channels
Beyond Meat generates revenue from sales of its plant-based meat products to customers in multiple retail and foodservice channels. Based on the company’s description, its products are sold through mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, as well as food-away-from-home channels such as restaurants, foodservice outlets and schools, mainly in the United States. The company also reports international retail and foodservice net revenues, indicating activity outside the U.S.
Quarterly disclosures show that Beyond Meat tracks performance by channel, including U.S. retail, U.S. foodservice, international retail and international foodservice. For example, in its third quarter 2025 results, the company reported net revenues across these four channels and discussed changes in volume of products sold and net revenue per pound by channel. This segmentation highlights how Beyond Meat views its revenue streams across retail and foodservice, and across U.S. and international markets.
Product portfolio and plant-based focus
Beyond Meat describes itself as offering a portfolio of plant-based meats. The Polygon description notes that the company has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. Company news releases further reference the Beyond Burger®, Beyond Beef® and other plant-based meat formats, and emphasize that these products are formulated with plant proteins and other plant-based ingredients.
The company highlights that its products are made from clean, simple ingredients and are formulated without GMOs, added hormones or antibiotics. It also emphasizes that its products are designed to deliver macronutrients such as protein while maintaining low or zero cholesterol. In recent communications, Beyond Meat has noted the use of plant proteins from sources such as peas, yellow peas, red lentils and faba beans, and the use of avocado oil in certain newer product iterations, but the core theme across disclosures is the use of plant-based ingredients to create meat-like products.
Expansion into beverages and functional nutrition
In addition to center-of-plate plant-based meats, Beyond Meat has announced Beyond Immerse™, a plant-based protein drink. The company describes Beyond Immerse as a combination of plant protein, fiber, antioxidants and electrolytes, designed to replenish the body in a ready-to-drink beverage format. According to the launch announcement, Beyond Immerse uses plant-based ingredients such as protein from peas and fiber from tapioca and is offered in multiple flavors and protein levels.
Beyond Immerse is being introduced through Beyond Test Kitchen, the company’s direct-to-consumer site for early access to new product innovations and limited-time offerings. This indicates that Beyond Meat is using direct-to-consumer channels to test and introduce new plant-based formats that extend beyond traditional meat analogues.
Retail and foodservice presence
Beyond Meat’s disclosures show that it sells through both retail and foodservice partners. In Canada, the company has announced a value pack of its latest Beyond Beef at retailers across the country, including large grocery chains. This value pack is described as offering more than 2.5 times the amount of Beyond Beef versus a current single pack, and is marketed as made with simple plant-based ingredients and providing a stated level of protein with low saturated fat from avocado oil, no GMOs and no cholesterol.
On the foodservice side, Beyond Meat has announced that its latest Beyond Burger (Beyond IV) is available as a swap for any beef burger on the core and kids’ menus at Hard Rock Cafe company locations in North America. The company highlights that this partnership allows guests to choose a plant-based burger option while maintaining a similar culinary experience. Beyond Meat has also announced that its latest Beyond Burger and Beyond Beef are available at Erewhon stores, describing these products as the first plant-based meat products certified by the Clean Label Project.
Mission, sustainability and corporate responsibility
Beyond Meat repeatedly links its business to four global issues: human health, climate change, constraints on natural resources and animal welfare. The company states that shifting from animal-based meat to plant-based protein can positively impact these areas. In its 2024 Corporate Responsibility Report and Beyond Burger IV Life Cycle Assessment (LCA) study, Beyond Meat reported estimates of environmental benefits for the Beyond Burger IV compared to an industry average U.S. beef patty, including lower land use, water consumption, greenhouse gas emissions and non-renewable energy use, based on the study’s methodology.
The company’s corporate responsibility reporting covers topics such as health and nutrition, packaging, climate impact, supply chain management, people and responsible leadership. It also includes a corporate-level greenhouse gas inventory and information on U.S. packaging materials by weight. Beyond Meat has disclosed that its Beyond Burger IV LCA study was carried out in conformance with ISO recommendations and underwent a third-party critical review, and that certain products have obtained Clean Label Project certification.
Capital structure, financing and exchange offer
Beyond Meat’s SEC filings describe several financing and capital structure developments. The company has entered into a Loan and Security Agreement with Unprocessed Foods, LLC, and an Intercreditor Agreement that sets relative priorities among first lien and second lien claimholders, including holders of its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030. An amendment to the Intercreditor Agreement permits exchanges of certain second lien obligations for shares of the company’s common stock.
Beyond Meat has also issued warrants to Unprocessed Foods to purchase shares of common stock, with a warrant strike price adjustment documented in a side letter agreement. In addition, the company conducted an exchange offer for its 0% Convertible Senior Notes due 2027, exchanging a substantial portion of those notes for new 2030 convertible notes and shares of common stock. Following the final settlement of the exchange offer, the company reported that a large majority of the existing convertible notes had been exchanged, and that new notes and new shares had been issued in reliance on exemptions from registration under the Securities Act.
The company has disclosed the initial conversion rate for the 2030 convertible notes and has obtained stockholder approval for potential issuances of common stock upon conversion or equitization of these notes, as well as for an amendment to its certificate of incorporation to increase the number of authorized shares of common stock. These actions reflect Beyond Meat’s use of convertible debt and equity-linked instruments as part of its capital structure.
Reporting, controls and governance developments
Beyond Meat files periodic and current reports with the U.S. Securities and Exchange Commission. In a Form 12b-25 notification of late filing for its Quarterly Report on Form 10-Q for the quarter ended September 27, 2025, the company stated that it required additional time to finalize a material non-cash impairment charge related to certain long-lived assets. The company also disclosed that it expected to report a material weakness in internal control over financial reporting as of that date, related to controls associated with accounting for non-recurring and complex transactions, and that it had begun work on a remediation plan.
Other 8-K filings describe litigation matters, including a trademark infringement case in which a jury found the company liable and awarded damages, and co-manufacturing disputes in which the company has pursued arbitration and other legal remedies. The company has also reported changes in certain officer roles, such as the termination of its principal accounting officer and the assumption of principal accounting officer duties by its chief financial officer pending a search for a replacement.
Stock exchange listing and classification
Beyond Meat’s common stock, with a par value of $0.0001 per share, is listed on The Nasdaq Stock Market LLC under the trading symbol BYND, as indicated in multiple SEC filings. The company is incorporated in Delaware and has its principal executive offices in El Segundo, California. While the industry classification provided in the input lists "Dog and Cat Food Manufacturing" under the Manufacturing sector, the company’s own descriptions consistently characterize its primary business as plant-based meat for human consumption.
FAQs about Beyond Meat (BYND)
The following frequently asked questions summarize key points drawn from the company’s disclosures and filings.
- What does Beyond Meat, Inc. do?
Beyond Meat develops and sells plant-based meat products designed to mimic the taste and texture of animal-based meat. The company states that its products are made from simple, non-GMO ingredients without added hormones or antibiotics and with 0 mg of cholesterol per serving. - When was Beyond Meat founded?
Beyond Meat reports that it was founded in 2009. This founding year appears in multiple company news releases describing its history. - On which exchange does BYND trade?
According to its SEC filings, Beyond Meat’s common stock trades on The Nasdaq Stock Market LLC under the symbol BYND. - How does Beyond Meat generate revenue?
The company states that it generates revenue from sales of its plant-based meat products to customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, as well as food-away-from-home channels including restaurants, foodservice outlets and schools, mainly in the United States. It also reports international retail and foodservice revenues. - What types of products does Beyond Meat offer?
Beyond Meat describes a portfolio that includes plant-based burgers, sausage, ground beef, jerky, meatballs and chicken, as well as branded items such as Beyond Burger and Beyond Beef. It has also introduced Beyond Immerse, a plant-based protein drink that combines plant protein, fiber, antioxidants and electrolytes. - What is Beyond Meat’s mission regarding sustainability?
The company states that by shifting from animal-based meat to plant-based protein, consumers can positively impact human health, climate change, constraints on natural resources and animal welfare. Its corporate responsibility reporting and LCA study for Beyond Burger IV are presented as part of this mission. - Where are Beyond Meat products sold?
Beyond Meat reports that its products are sold through U.S. retail and foodservice channels and through international retail and foodservice channels. Specific disclosures mention major Canadian grocery chains, Erewhon stores and Hard Rock Cafe company locations in North America as examples of retail and foodservice partners. - What is Beyond Test Kitchen?
In connection with the launch of Beyond Immerse, Beyond Meat describes Beyond Test Kitchen as its direct-to-consumer site and destination for early access to new product innovations and limited-time drops. - What recent financing steps has Beyond Meat taken?
SEC filings describe an exchange offer in which the company exchanged a large portion of its 0% Convertible Senior Notes due 2027 for new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and shares of common stock. The company has also entered into a Loan and Security Agreement and issued warrants to a lender, with the warrant strike price later adjusted pursuant to a side letter agreement. - Has Beyond Meat reported any issues with internal controls?
In a Form 12b-25, Beyond Meat disclosed that it expected to report a material weakness in internal control over financial reporting as of September 27, 2025, related to accounting for non-recurring and complex transactions, and that it had begun to work on a remediation plan.