Beyond Meat (BYND) Revenue — Quarter Ended Jul 1, 2023
Revenue increased compared with the immediately preceding quarter. It decreased compared with the same quarter one year earlier.
Key takeaway
Quarter ended Jul 1, 2023 · FY2023 Q2
Revenue increased compared with the immediately preceding quarter. It decreased compared with the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$102.1M
Revenue reported for this quarter.
Quarter-over-quarter
+10.7%
Change from the immediately preceding quarter.
Year-over-year
-30.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$356.8M
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 |
|---|---|---|
| Oct 1, 2022 | $82.5M | -22.5% |
| Dec 31, 2022 | $79.9M | -20.6% |
| Apr 1, 2023 | $92.2M | -15.7% |
| Jul 1, 2023 | $102.1M | -30.5% |
Revenue performance
The reported revenue reflects a sequential improvement, continuing the upward trend from the prior quarter.
Quarterly comparison
Revenue rose from the preceding quarter but fell sharply from the year-ago period.
What to watch
The sustainability of the sequential revenue growth will be a key area to monitor in future quarters.