Beyond Meat (BYND) Revenue — Quarter Ended Apr 1, 2023
Revenue increased compared to the immediately preceding quarter, but declined relative to the same quarter a year earlier. The filing notes risks and uncertainties that could affect operations, though no specific causal factors are cited for the revenue change.
Key takeaway
Quarter ended Apr 1, 2023 · FY2023 Q1
Revenue increased compared to the immediately preceding quarter, but declined relative to the same quarter a year earlier. The filing notes risks and uncertainties that could affect operations, though no specific causal factors are cited for the revenue change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$92.2M
Revenue reported for this quarter.
Quarter-over-quarter
+15.4%
Change from the immediately preceding quarter.
Year-over-year
-15.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$401.7M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 2, 2022 | $147M | -1.6% |
| Oct 1, 2022 | $82.5M | -22.5% |
| Dec 31, 2022 | $79.9M | -20.6% |
| Apr 1, 2023 | $92.2M | -15.7% |
Revenue performance
The reported revenue is higher than the prior quarter, reversing the downward trend seen in earlier periods of the fiscal year.
Quarterly comparison
Compared to the preceding quarter, revenue grew, while compared to the same quarter one year earlier, it fell. The trailing twelve-month revenue is consistent with these yearly declines.
What to watch
Revenue direction may be influenced by ongoing risk factors described in the filing, including inflation and interest rate impacts.