Earnings Releases·Nov 12, 2026, 4:42 PM ET

Laird Superfood — Third Quarter 2026 Earnings Summary

Net sales surged 225% year-over-year to $42.0 million for the quarter, with year-to-date sales up 166% to $97.2 million, driven by the integration of Navitas Organics and Terrasoul Superfoods.
The company returned to profitability with a net income of $1.7 million ($0.03 per share) for the quarter, contrasting with a $1.0 million loss in the prior year period, while Adjusted EBITDA rose to $2.1 million.
Full-year 2026 net sales guidance remains reaffirmed at $135 million to $140 million, though Adjusted EBITDA guidance was raised to a range of $5 million to $6 million.
E-commerce sales grew 268% year-over-year to account for 54% of total revenue, while wholesale sales increased 187% to 46%, though gross margins compressed due to inflationary costs and lower-margin Terrasoul operations.
The balance sheet strengthened with cash and restricted cash reaching $17.3 million and no outstanding debt, supported by Series A Preferred Stock proceeds despite acquisition-related integration costs.