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Quarter ended Sep 30, 2023 · FY2023 Q3

Beyond Meat (BYND) Revenue — Quarter Ended Sep 30, 2023

Revenue decreased in the quarter. The decline was observed against both the immediately preceding quarter and the same quarter one year earlier.

Key takeaway

Quarter ended Sep 30, 2023 · FY2023 Q3

Revenue decreased in the quarter. The decline was observed against both the immediately preceding quarter and the same quarter one year earlier.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$75.3M

Revenue reported for this quarter.

Quarter-over-quarter

-26.3%

Change from the immediately preceding quarter.

Year-over-year

-8.7%

Change from the comparable year-ago quarter.

Trailing four quarters

$349.6M

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Dec 31, 2022$79.9M-20.6%
Apr 1, 2023$92.2M-15.7%
Jul 1, 2023$102.1M-30.5%
Sep 30, 2023$75.3M-8.7%

Revenue performance

The quarter's revenue was lower than that of the prior quarter and also lower than the same quarter a year ago.

Quarterly comparison

Compared with the immediately preceding quarter, revenue fell. Compared with the same quarter one year earlier, revenue also declined.

What to watch

The sequential decline from the prior quarter was larger than the year-over-year decline.