No doubt Beyond didn't do as well as they wanted... I realize that the way they do the money on movies is complicated... so you may well be right... but strictly by the numbers... its reported that the production cost for Beyond was 185MM, and the total sales, incl dvd and home sale is currently ~375MM.
So if the rule (and I'm just throwing out a random number I think some folks have quoted before) is that a movie has to do 3x its production cost to make money... then actually its closer to a 100MM loss as it would have need to make 475MM.
thing is by that rule... Into darkness falls short too... and it was regarded as a money maker. So I got to believe that somewhere with these big budget productions certain costs become closer to fixed. I also have to believe that if a movie is marginally profitable... they may cook the books to show a loss because it just works out better.. e.g. take the early deprecation and then pay out if it makes money in the home market or whatever as those may be different deals.
All that being said... compared to say any of the avengers movies, who's production budgets were >300MM... and those easily raked in > 1MMM ea??!!! yeah those were obvious money makers, and just using the basic 3x Production cost rule means a Trek movie hasn't been a real money maker since 1st Contact all the way back to1996. which suggests that they have to be making something off some of these... otherwise they been sinking bad money into the franchise for over 1/2 its films and more than 20 years!
Anyhow... I think they are right back where they were with STTMP... which is to say they need to figure out how to keep the budget cheaper... and one way to do that is to get away from all the high speed flashy scenes that are the hallmark of an action movie (because in this case it means more CGI).
One of the best received movies has been the voyage home... and most of that had the cast running about modern day San Fran... TWOK was done with a budget 1/3 that of STTMP.
So regardless of the if they decide to reboot the Movie Trek universe again... the analogous budget cut would imply that a Trek movie should be made for ~65MM, which , as Deadpool proved its totally possible make a great action flick in that range... and make tons of money, because sometimes less is more.
So I'm not disagreeing that they need to either reboot again or go a different direction... but even if they do I think the production budget for Trek just doesn't warrant a huge 100MM > number because clearly the fan demand (worldwide) just isn't there for the franchise... at least not like there is for the Marvel U currently.