Quarterly ResultAug 13, 2026, 04:19 PM
Laird Superfood Q2 Revenue +244% to $41.3M; Net Loss ($1.8M)
AI Summary
Laird Superfood, Inc. reported strong financial results for the second quarter ended June 30, 2026, with net sales surging 244% to $41.3 million, primarily driven by the acquisitions of Navitas and Terrasoul Superfoods. Despite this significant revenue growth and a positive Adjusted EBITDA of $3.0 million, the company posted a net loss of ($1.8) million, attributed to acquisition and integration costs, and experienced gross margin compression. The company also reaffirmed its full-year 2026 guidance for net sales and Adjusted EBITDA, reflecting confidence in continued growth and synergy realization.
Key Highlights
- Net sales increased by 244% to $41.3 million for Q2 2026.
- Net loss was ($1.8) million, or ($0.25) per basic and diluted share for Q2 2026.
- Adjusted EBITDA was $3.0 million for Q2 2026, up from $0.1 million in prior year.
- Gross profit increased 162% to $12.5 million, representing 30.3% of net sales.
- E-commerce sales increased 221% year-over-year, contributing 49% of total net sales.
- Wholesale sales increased 269% year-over-year, contributing 51% of total net sales.
- Cash, cash equivalents, and restricted cash totaled $23.2 million as of June 30, 2026.
- Reaffirmed full-year 2026 net sales guidance of $138 to $148 million and Adjusted EBITDA of $8 to $12 million.
Price Impact
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