Beyond, Inc. Reports Financial Results for Second Quarter 2025

July 28, 2025  by Karen Parrish in Business Strategy, Industry   

Adrianne Lee, president and CFO of Beyond, commented, “Our second quarter results reflect substantial progress in stabilizing our business and delivering improved profitability. This gives me confidence in our ability to move from transformational efforts into executing growth initiatives. We remain disciplined on deploying capital, delivering efficiencies, identifying growth opportunities and monetizing assets -- laying the groundwork for sustainable value creation.”

Marcus Lemonis, executive chairman and principal executive officer, added, “We continue to be laser focused on strengthening our core e-commerce retail business while actively unlocking value in our blockchain asset portfolio. With the newly signed into law GENIUS Act creating long-awaited regulatory clarity and consumer protections for digital assets, we believe the proprietary technology and innovative practices both tZERO and GrainChain bring to the business ecosystem are significant.”

Lemonis concluded, “Our strategic priorities remain unchanged, we continue to enhance our digital experience for our value-seeking customers while unifying our tech stack across our family of brands. We are excited about our first small-format Bed Bath & Beyond Home store in Nashville, Tennessee. It’s a smart, scalable model that puts our iconic brands back in the heart of communities.”

Second Quarter 2025 Results

- Net revenue of $282 million, a decrease of 29.1% YoY*

- Gross profit of $67 million, or 23.7% of net revenue, a 360 bps improvement YoY

- Sales & Marketing expense of $38 million, or 13.5% of net revenue, a 320 bps improvement YoY

- Technology and G&A expense of $37 million vs $46 million in 2024, a $9 million improvement YoY

- Net loss of $19 million

- Diluted net loss per share of $0.34; Adjusted diluted net loss per share (non-GAAP) of $0.22

- Adjusted EBITDA (non-GAAP) of ($8) million, a $28 million improvement YoY

- Cash, cash equivalents, restricted cash, and inventory totaled $156 million at the end of the second quarter

- YoY represents a year-over-year comparison of the second quarter of 2025 against the second quarter of 2024.

Earnings Webcast and Replay Information

Beyond will host a webcast to discuss its second quarter 2025 financial results and its strategic vision, key initiatives, and provide business updates on July 29 at 8:30 a.m. ET.

A replay of the webcast will be available at https://investors.beyond.com shortly after the live event has ended.

In connection with the release of financial results, the Company posted an updated presentation in the “Events & Presentation” portion of its investor relations website at https://investors.beyond.com.