Beyond Meat (WBO:BYND) Gross Profit : €-78.2 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Beyond Meat Gross Profit?

Beyond Meat's gross profit for the three months ended in Mar. 2024 was €3.4 Mil. Beyond Meat's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €-78.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beyond Meat's gross profit for the three months ended in Mar. 2024 was €3.4 Mil. Beyond Meat's Revenue for the three months ended in Mar. 2024 was €69.6 Mil. Therefore, Beyond Meat's Gross Margin % for the quarter that ended in Mar. 2024 was 4.85%.

Beyond Meat had a gross margin of 4.85% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Beyond Meat was 33.49%. The lowest was -39.01%. And the median was 7.16%.

Beyond Meat Gross Profit Historical Data

The historical data trend for Beyond Meat's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Beyond Meat Gross Profit Chart

Beyond Meat Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

Get a 7-Day Free Trial

89.78

100.51

103.79

-22.41

-75.80

Beyond Meat Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial															5.78	2.10	-6.80	-76.90	3.38

Competitive Comparison of Beyond Meat's Gross Profit

For the Packaged Foods subindustry, Beyond Meat's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Beyond Meat's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beyond Meat's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beyond Meat's Gross Profit falls into.

Beyond Meat Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Beyond Meat's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	314.876	-	390.671
	=	-75.8

Beyond Meat's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	69.555	-	66.18
	=	3.4

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-78.2 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Beyond Meat's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	3.4	/	69.555
	=	4.85 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Beyond Meat (WBO:BYND) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Beyond Meat had a gross margin of 4.85% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

Beyond Meat Gross Profit Related Terms

Thank you for viewing the detailed overview of Beyond Meat's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Beyond Meat (WBO:BYND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beyond Meat Inc (WBO:BYND) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

BYND:USA BYND:Mexico 1BYND:Italy 0Q3:Germany B2YN34:Brazil

Address

119 Standard Street, El Segundo, CA, USA, 90245

Website

https://www.beyondmeat.com

Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.