Arcadia Biosciences — Third Quarter 2026 Earnings Summary

Arcadia Biosciences reported third-quarter 2026 total revenues of $1.619 million, representing a 24% year-over-year increase driven by strong summer program volumes. The company achieved net income of $1.755 million for the quarter, a significant improvement from the $856,000 net income recorded in the same period of 2025, largely due to a $2.6 million gain from changes in the fair value of warrant and option liabilities. Zola brand revenues reached their highest quarterly sales ever, with a new 1-liter espresso formulation beginning shipments and slim can variants scheduled for launch in early 2027. Operating expenses for the nine-month period decreased by 23% compared to the prior year, offset by a $2.7 million reduction in other operating income related to the absence of prior-year patent transfer gains.