Beyond Meat Inc 2024年度报告

FORM10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember31, 2024OR Commission File Number:001-38879 BEYOND MEAT, INC.(Exact name of registrant as specified in its charter) 26-4087597 (I.R.S. EmployerIdentification No.) 888 N. Douglas Street, Suite 100El Segundo,CA90245(Address, including zip code, of principal executive offices) (866)756-4112(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of theAct.Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Non-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of theExchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements ofthe registrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis ofincentive-based compensation received by any of the registrant’s executive officers during the relevant recovery periodpursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct).Yes☐No☒ As of June 28, 2024, the aggregate market value of the voting and non-voting common equity held by non-affiliates of theregistrant, based on the closing sales price of the registrant’s common stock as reported on the Nasdaq Global Select Marketon such date, was $0.4billion. As of March4, 2025, the registrant had76,131,339shares of common stock, $0.0001 par value per share, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s definitive proxy statement relating to its 2025 Annual Meeting of Stockholders to be filed with theSecurities and Exchange Commission within 120 days after the end of the fiscal year ended December31, 2024 areincorporated herein by reference in Part III where indicated. TABLE OF CONTENTS PageNote Regarding Forward-Looking StatementsiPart IItem 1. Business1Item 1A. Risk Factors13Item 1B. Unresolved Staff Comments58Item 1C. Cybersecurity58Item 2. Properties59Item 3. Legal Proceedings60Item 4. Mine Safety Disclosures60Part IIItem 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities60Item 6. [Reserved]61Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations62Item 7A. Quantitative and Qualitative Disclosures About Market Risk85Item 8. Financial Statements and Supplementary Data87Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure138Item 9A. Controls and Procedures138Item 9B. Other Information142Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections142Part IIIItem 10. Directors, Executive Officers and Corporate Governance143Item 11. Executive Compensation143Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters143Item 13. Certain Relationships and Related Transactions, and Director In