Beyond Meat, a once-popular plant-based meat company, is facing financial struggles as it grapples with a significant drop in sales. According to data from Creditsafe, the company’s days beyond terms (DBT) – the time it takes to pay its bills after the due date – has more than doubled in the past year. In August 2024, the delays were eight days, but by July of this year, they had increased to 19 days, surpassing the industry average of 12 days.
Media reports have suggested that Beyond Meat is on the verge of running out of money. However, the company has denied these claims, stating that they have no plans to file for bankruptcy. Despite this assurance, the company’s financial situation remains concerning, especially as its sales continue to decline.
In its most recent earnings release, Beyond Meat reported having $103 million in cash and cash equivalents as of June 28, down from $132 million at the end of 2024. To alleviate some of its financial strain, the company raised $100 million from a plant-based nonprofit in May. However, its total debt is estimated to be around $1.2 billion, with a significant portion of its bills being past due.
The increasing delays in payments to suppliers suggest that Beyond Meat may be facing liquidity pressures. Ragini Bhalla, the head of brand at Creditsafe, noted that the rising DBT figures indicate growing financial challenges for the company, particularly in light of its poor Q2 earnings results.
During the second quarter of 2025, Beyond Meat reported a 19.6% year-over-year decline in revenue, totaling $75 million, while its net loss improved slightly to $29.2 million. CEO Ethan Brown expressed disappointment with the results and announced plans to implement corporate turnaround and restructuring efforts, including a 6% reduction in the workforce.
In response to the Creditsafe data, Beyond Meat highlighted that the accuracy and completeness of the information could not be guaranteed. The company did not offer further comments on the financial challenges it is currently facing. As Beyond Meat continues to navigate these difficult financial waters, it remains to be seen how it will address its liquidity issues and regain its footing in the competitive plant-based food industry.
