Beyond, Inc. (NYSE:BYON), the owner of brands such as Bed Bath & Beyond, Overstock, and buybuy BABY, reported its financial results for the second quarter ended June 30, 2025. The company achieved net revenue of $282 million, representing a 29.1% decrease compared to the same period in 2024. Despite the decline in revenue, Beyond, Inc. reported a gross profit of $67 million, or 23.7% of net revenue, marking a 360 basis points improvement year-over-year. Sales and marketing expenses were reduced to $38 million, or 13.5% of net revenue, showing a 320 basis points improvement from the previous year. Technology and general and administrative expenses decreased by $9 million, totaling $37 million compared to $46 million in 2024. The company recorded a net loss of $19 million for the quarter. Adjusted EBITDA (non-GAAP) improved by $28 million year-over-year, reaching a negative $8 million. Cash, cash equivalents, restricted cash, and inventory amounted to $156 million at the end of the second quarter. Beyond, Inc. emphasized its strategic focus on strengthening its core e-commerce retail and highlighted the opening of a small-format Bed Bath & Beyond Home store in Nashville, Tennessee, as part of its growth initiatives.