A profitable company with shrinking sales, with elevated risk. Institutions are trimming.
Going well
Profitable, keeps 80% of sales as profit
Watch out for
Owes more than it owns (negative equity)
Share count growing 41.7% a year (dilution)
Revenue down 15.6% from the year before
Money moves
No insider buying or selling in the last 30 days
Institutions cut 19% from their holdings in the quarter ending June 2026 (95 bought, 130 sold)
Held by Philippe Laffont (Coatue)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$6.86-4.1% that day
Company value
$3.5B
Share price times all shares
Price vs sales
13.7x
No profit over the last year, so this compares value with sales instead
Cash vs value
5%
Cash as a share of company value
Debt vs value
12%
Debt as a share of company value
From BYND's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$68.8M-8.2% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $258.8M, down 14% from the 12 months before. Over 5 years, sales shrank about 7.5% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of BYND. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$153M
Profit in 5 years$15M
Price these guesses point to$0.28-96% vs $6.86 todayAbout -47% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 71% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.79.5%
MissProfitable every yearSteady profits, not one good year.1 of 9 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$157.2M
MissShare count not growingNot diluting owners. Falling means buybacks.+184.4% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.2.8%
Revenue
$275.5M
-15.6% vs prior year
5-year growth
-7.5%/yr
revenue, per year
Total debt
$415.7M
Current ratio
4.56x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 27, 2026
Reported Aug 5
Revenue
$68.8M
-8.2% YoY
EPS
-$0.06
vs -$0.42
Op. margin
-44.8%
+5.2 pts
Gross margin
8.5%
-2.1 pts
Free cash flow
-$19.6M
Share count
+673.8%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-19.3%
Institutions cut 19.3% from their holdings. 95 bought, 130 sold.
Shares held by institutions120.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+10.1%
Cash runwayAt last year's cash burn
14 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
516M
Why high risk
Share count growing 10.1% a year (dilution)
High debt: 5.7x equity
Revenue down 15.6% from the year before
2 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Late annual report notice
Late quarterly report notice
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedMar 31
Results filedMar 16
Results filedNov 10, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days