Company / R&D Expense
BEYOND MEAT, INC. R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$23.2M
FY2025
5-year range
$20.6M / $39.5M
FY2021-FY2025
Trend
-17.5%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $40M to $23M over the past 2 years.
Based on SEC 10-K filings.
$23M in FY2025 with a 5-year CAGR of +19.4%.
Declined from $40M to $23M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -9.7%
- 5-Year CAGR
- +19.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +19.4%, indicating consistent growth.
- In FY2025, r&d expense decreased 17.5% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score -2.34 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $23.2M | -17.5% |
| FY2024 | $28.1M | -28.8% |
| FY2023 | $39.5M | +25.4% |
| FY2022 | $31.5M | +52.7% |
| FY2021 | $20.6M | +115.4% |
| FY2020 | $9.6M | +67.5% |
| FY2019 | $5.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026