Laird Superfood Reports First Quarter 2026 Financial Results
Laird Superfood reported Q1 2026 net sales of $13.9 million, up 20% year-over-year, driven by wholesale growth and the inclusion of Navitas Organics. Gross margin contracted to 33.3% from 41.9% due to unfavorable mix, inflation, and tariffs, while Adjusted EBITDA turned negative at -$1.1 million. The company completed the $48 million acquisition of Terrasoul Superfoods in April, funded by a $60 million private placement of Series A Convertible Preferred Stock to Nexus Capital affiliates.
Key figures
- Eps
- 0.12
- Revenue
- 13941552
- Guidance
- FY26 Net sales $138M-$148M; Adjusted EBITDA $8M-$12M
- Revenue Yoy
- 20%
- Deal Value Usd
- 48000000
- Offering Price
- 1000
- Shares Offered
- 60000
- Net income
- 1750930
- Gross margin
- 33.3%
- Ecommerce sales
- 6469759
- Wholesale sales
- 7471793
- Cash and equivalents
- 10519704
- Gross margin prior yoy
- 41.9%
- Adjusted ebitda prior yoy
- 356912
- Navitas sales contribution
- 1600000
- Cash and equivalents post deal
- 24000000
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.