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Laird Superfood, Inc. (LSF) stock

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NYSE: LSF NYSE Packaged Foods & Meats Next results ~November 12, 2026

C Fundamentals grade

Laird Superfood, Inc. is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$4.8

Valuation models combined (3)

Base case. Range ~$4.2–$5.0. Weighted average of 3 models (growth cash-flow model, forward price-to-earnings vs peers, forward price-to-sales vs peers), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Laird Superfood, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 0 selling10 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds24 adding, 13 cuttingOf 4 active managers that changed their stake, 3 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Laird Superfood files

Where Laird Superfood stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $81m, up 73.3% on a year earlier, faster than the 15.8% growth a quarter earlier. That growth ranks 2 of 35 among the packaged foods & meats companies we cover. Free-cash-flow margin rose to -3.0% from -7.9% a year earlier. Operating margin narrowed to -9.4% from -2.9%. The diluted share count is up 6.2% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 2 financial-health checks. Our revenue-to-maturity cash-flow model value is $14.64 a share.

Source: 10-Q filed August 13, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Laird Superfood, Inc.'s trailing-twelve-month revenue grew 73.3% year on year, with a free-cash-flow margin of -3.0%. Where it stands out: change in growth rate of +57.4pp ranks 3 of 44 packaged foods & meats companies we cover. Where it lags: days sales outstanding of 48 days ranks 30 of 35 packaged foods & meats companies we cover.

Current signal Balance sheet growing far ahead of sales: Total assets grew 613% year over year while revenue grew 73% — the balance sheet is expanding 540 points faster than the business it supports.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 73.3% over the last 12 months, against a median of 2.2% for packaged foods & meats companies we cover.
  • Growth speeding up. The growth rate is 57.4 points higher than a quarter earlier.
  • Net cash. Cash exceeds long-term debt by $0.0bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 33.3% over 90 days.

Things to watch

  • Loss-making. Operating margin is -9.4%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 6.5 points on a year ago.
  • Burning cash. Free cash flow was -3.0% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 6.2% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 87% and a beta of 1.5 against the S&P 500.
  • Gross margin slipping. Gross margin is down 8.4 points on a year ago.

Latest results: FY2026 Q2

Filed August 13, 2026
Earnings per share
-$0.25 against an average estimate of -$0.08: missed by 212.5%
Revenue
$41m, up 244.4% on a year earlier
Share reaction
+10.8% in the first session after the results on August 13, 2026, against +0.5% for the S&P 500
Guidance given
net sales $138m to $148m (fiscal year 2026); adjusted EBITDA $8m to $12m (fiscal 2026)
Next report
November 12, 2026

Laird Superfood's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.4%
  • 1 week-4.9%
  • 1 month-26.9%
  • This year+14.0%
  • 1 year-48.9%
  • 5 years-86.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$81.5M
Operating margin
-9.4%
Net margin
-3.4%
EPS (TTM, diluted)
$-0.25

Growth

Revenue growth
+73.3%
Change in growth rate
+57.4 pts
Share count change
+6.2%

Cash

Free cash flow (TTM)
-$2.5M
FCF margin
-3.0%
Stock pay % of revenue
1.9%

Earnings

Last results
August 13, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Leadership
  3. Results
  4. Guidance
  5. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Laird Superfood, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Laird Superfood, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.83 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$5.0 ~$2.0–$7.7 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$4.2 ~$4.4–$7.2 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$4.8 ~$8.3–$20 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$15 ~$12–$18 Left out: out of range vs price (5.79x)
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$4.8 ~$4.2–$5.0 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Laird Superfood, Inc. with Packaged Foods & Meats in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 202020212022202320242025Now
Share price$47.32$13.04$0.84$0.91$7.88$2.22$2.53
Market value$262m$117m$8m$8m$78m$23m$28m
+ Net debt (− = net cash)−$57m−$23m−$17m−$8m−$8m−$5m−$23m
Enterprise value$206m$94m−$10m$894177$70m$18m$5m
Multiples
Price / sales 10.2x3.2x0.2x0.2x1.8x0.5x0.3x
Price / earnings ———————
Price / free cash flow ————93.2x——
EV / EBITDA ———————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

23 /100

Weak moat

How hard Laird Superfood's competitive advantage looks for rivals to wear away, judged from 7 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -20.0% of total assets over 6 years.

  • Pricing power 5 / 20

    Gross margin has been a median 32.4%, moving by 8.4 percentage points (standard deviation) across 7 years.

  • Durability 10 / 20

    Operating margin has been a median -14.1%; its worst year was -81.6%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 6 years, at a median -26.3% of revenue.

  • Discipline 8 / 20

    The diluted share count rose 40.0% over five years; stock-based pay has been a median 3.8% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $44m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.04 +112% $144m +188%
Next $0.41 +1027% $190m +32%

Next year's EPS estimate has moved +33.3% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −82.8% on 90 days ago. In the last 30 days, 0 analysts raised Laird Superfood, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Laird Superfood, Inc., last 90 days
$0.00 $0.20 $0.40 $0.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.21 Current fiscal year, 60 days ago: $0.21 Current fiscal year, 30 days ago: $0.21 Current fiscal year, 7 days ago: $0.21 Current fiscal year, Now: $0.04 $0.04 Next fiscal year, 90 days ago: $0.31 Next fiscal year, 60 days ago: $0.31 Next fiscal year, 30 days ago: $0.31 Next fiscal year, 7 days ago: $0.31 Next fiscal year, Now: $0.41 $0.41

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.21$0.31
60 days ago $0.21$0.31
30 days ago $0.21$0.31
7 days ago $0.21$0.31
Now $0.04$0.41

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.08 −$0.25 −212.5%
Mar 2026 −$0.13 $0.11 +182.5%
Dec 2025 −$0.07 −$0.17 −155.0%
Sept 2025 −$0.04 −$0.09 −107.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 13, 2026
  • Net sales fiscal year 2026 $138m to $148m Maintained
    “For fiscal year 2026, the Company continues to expect consolidated Net sales in the range of $138 to $148 million, reflecting a full year of Laird Superfood and the post-acquisition contributions of Navitas and Terrasoul.” source
  • Adjusted EBITDA fiscal 2026 $8m to $12m Non-GAAP Maintained
    “Adjusted EBITDA is expected to be in the range of $8 to $12 million for fiscal 2026.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026123

Counts of recommendations published by analysts covering Laird Superfood, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.1%
of tradable shares
Days to cover
4.29
at average volume
Short interest, 1 month
−10%
to October 15, 2026
Held by institutions
19%
of shares
Held by insiders
22.9%
of shares
Employees
26
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −48.9%

$4.95 on October 31, 2025 to $2.53

ThenNowEffect
Revenue (last 12 months) $47m $81m +73.3%
P/S multiple 1.1x 0.3x −68.7%
Share count 10m 11m −5.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +211.2%

$0.81 on November 3, 2023 to $2.53

ThenNowEffect
Revenue (last 12 months) $34m $81m +142.1%
P/S multiple 0.2x 0.3x +53.3%
Share count 9m 11m −16.2%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
LSF−72%−94%+8%+766%−72%+14%
Industry peers (median)+9%−3%−5%−2%−16%−16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
LSF0%25%50%58%17%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
LSF−80%−94%−52%−40%−75%−50%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since September 23, 2020: 99% from December 28, 2020 to May 31, 2023. Getting back needed a 8797% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$2.02 – $5.02
From 52-week high
−49.6%
vs 50-day average
−25.1%
vs 200-day average
−25.2%
Volatility (1 year)
87%
Beta vs S&P 500
1.47

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 8 down
typical move ±11.1%
After a week
6 up, 6 down
typical move ±11.9%
After a month
7 up, 5 down
typical move ±24.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 13, 2026 +10.8% +0.5% −3.5% −8.9%
May 14, 2026 −2.3% −0.4% +10.3% +35.0%
April 21, 2026 −4.8% +0.4% +1.0% +12.1%
March 26, 2026 −8.5% −3.5% +10.3% +48.7%
November 10, 2025 −30.6% +1.8% −39.5% −42.4%
August 11, 2025 −3.4% +0.9% −4.2% −1.8%
August 6, 2025 −14.8% +0.7% −10.9% −18.9%
May 7, 2025 +7.8% +1.1% +13.5% +2.6%
February 26, 2025 −12.2% −1.5% −23.3% +2.5%
November 6, 2024 +23.2% +3.3% +15.4% +23.6%
August 7, 2024 −3.0% +1.6% −6.0% −22.8%
May 8, 2024 +11.7% +0.6% +4.8% +75.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Laird Superfood, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Laird Superfood, Inc.
$20M $40M $60M $80M $100M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $34M Revenue (TTM), FY23 Q4: $34.2M Revenue (TTM), FY24 Q1: $36M Revenue (TTM), FY24 Q2: $38.3M Revenue (TTM), FY24 Q3: $40.9M Revenue (TTM), FY24 Q4: $43.3M Revenue (TTM), FY25 Q1: $45M Revenue (TTM), FY25 Q2: $47M Revenue (TTM), FY25 Q3: $48.1M Revenue (TTM), FY25 Q4: $49.9M Revenue (TTM), FY26 Q1: $52.2M Revenue (TTM), FY26 Q2: $81.5M $81.5M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $34M
FY23 Q4 $34.2M
FY24 Q1 $36M
FY24 Q2 $38.3M
FY24 Q3 $40.9M
FY24 Q4 $43.3M
FY25 Q1 $45M
FY25 Q2 $47M
FY25 Q3 $48.1M
FY25 Q4 $49.9M
FY26 Q1 $52.2M
FY26 Q2 $81.5M
Revenue growth, TTM YoY Laird Superfood, Inc.
-20% 0% 20% 40% 60% 80% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -6.2% Revenue growth, TTM YoY, FY23 Q4: -4.5% Revenue growth, TTM YoY, FY24 Q1: 4.1% Revenue growth, TTM YoY, FY24 Q2: 13.8% Revenue growth, TTM YoY, FY24 Q3: 20.3% Revenue growth, TTM YoY, FY24 Q4: 26.5% Revenue growth, TTM YoY, FY25 Q1: 25.0% Revenue growth, TTM YoY, FY25 Q2: 22.8% Revenue growth, TTM YoY, FY25 Q3: 17.7% Revenue growth, TTM YoY, FY25 Q4: 15.2% Revenue growth, TTM YoY, FY26 Q1: 15.8% Revenue growth, TTM YoY, FY26 Q2: 73.3% 73.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -6.2%
FY23 Q4 -4.5%
FY24 Q1 4.1%
FY24 Q2 13.8%
FY24 Q3 20.3%
FY24 Q4 26.5%
FY25 Q1 25.0%
FY25 Q2 22.8%
FY25 Q3 17.7%
FY25 Q4 15.2%
FY26 Q1 15.8%
FY26 Q2 73.3%
Operating margin (TTM) Laird Superfood, Inc.
-40% -30% -20% -10% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -5.0% Operating margin (TTM), FY23 Q4: -31.3% Operating margin (TTM), FY24 Q1: -20.8% Operating margin (TTM), FY24 Q2: -10.9% Operating margin (TTM), FY24 Q3: -4.0% Operating margin (TTM), FY24 Q4: -5.0% Operating margin (TTM), FY25 Q1: -2.9% Operating margin (TTM), FY25 Q2: -2.9% Operating margin (TTM), FY25 Q3: -4.3% Operating margin (TTM), FY25 Q4: -6.8% Operating margin (TTM), FY26 Q1: -11.9% Operating margin (TTM), FY26 Q2: -9.4% -9.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -5.0%
FY23 Q4 -31.3%
FY24 Q1 -20.8%
FY24 Q2 -10.9%
FY24 Q3 -4.0%
FY24 Q4 -5.0%
FY25 Q1 -2.9%
FY25 Q2 -2.9%
FY25 Q3 -4.3%
FY25 Q4 -6.8%
FY26 Q1 -11.9%
FY26 Q2 -9.4%
FCF margin (TTM) Laird Superfood, Inc.
-60% -40% -20% 0% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -42.7% FCF margin (TTM), FY23 Q4: -32.0% FCF margin (TTM), FY24 Q1: -14.8% FCF margin (TTM), FY24 Q2: -8.7% FCF margin (TTM), FY24 Q3: 1.0% FCF margin (TTM), FY24 Q4: 1.4% FCF margin (TTM), FY25 Q1: -0.6% FCF margin (TTM), FY25 Q2: -7.9% FCF margin (TTM), FY25 Q3: -5.7% FCF margin (TTM), FY25 Q4: -6.1% FCF margin (TTM), FY26 Q1: -10.9% FCF margin (TTM), FY26 Q2: -3.0% -3.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -42.7%
FY23 Q4 -32.0%
FY24 Q1 -14.8%
FY24 Q2 -8.7%
FY24 Q3 1.0%
FY24 Q4 1.4%
FY25 Q1 -0.6%
FY25 Q2 -7.9%
FY25 Q3 -5.7%
FY25 Q4 -6.1%
FY26 Q1 -10.9%
FY26 Q2 -3.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 13 26 37 36 34 43 50 81
Gross profit 5 7 9 5 10 18 19 26
EBITDA −8 −12 −23 −39 −10 −2 −3 −6
Operating income −9 −13 −24 −40 −11 −2 −3 −8
Net income −9 −13 −24 −40 −10 −2 −3 −3
Diluted EPS −$0.29 −$2.61 −$2.66 −$4.41 −$1.09 — — −$0.25
Growth (year on year)
Revenue — +96.8% +42.8% −2.7% −4.5% +26.5% +15.2% +73.3%
Margins
Gross margin 38.8% 25.5% 25.6% 14.5% 30.1% 40.9% 37.9% 32.4%
EBITDA margin −64.5% −48.3% −62.4% −109.5% −30.4% −4.4% −6.3% −7.7%
Operating margin −66.8% −50.1% −65.1% −112.7% −31.3% −5.0% −6.8% −9.4%
Net margin −64.9% −49.8% −64.8% −112.6% −29.7% −4.2% −6.5% −3.4%
Free-cash-flow margin −90.5% −61.1% −64.3% −43.2% −31.9% 1.9% −5.7% −1.3%
Cash flow
Cash from operations −9 −15 −22 −14 −11 1 −3 −1
Capital spending 2 1 2 1 0 0 0 0
Free cash flow −12 −16 −24 −15 −11 1 −3 −1
Stock-based pay 1 1 4 1 1 2 2 2
Free cash flow after stock pay −13 −17 −27 −16 −12 −1 −5 −3
Balance sheet
Cash 1 57 23 17 8 8 5 23
Total debt 0 0 0 0 0 0 0 0
Net debt (negative = net cash) −1 −57 −23 −17 −8 −8 −5 −23
Diluted shares 4m 6m 9m 9m 9m 10m 11m 11m
Returned to shareholders
Buybacks 1 0 0 — — — — —
Total returned 1 0 0 — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $146m
Short-term assets $65mLonger-term assets $80m
What it owes, and who funded it · $35m
Short-term liabilities $21mLonger-term liabilities $3mShareholders' equity $11m
  • Short-term assets cover short-term liabilities $65m of assets due within a year against $21m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $65m short-term assets against $3m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Laird Superfood, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+6.2%
year over year
Days sales outstanding
48 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in packaged foods & meats
Last 12 months unless stated LSF PRE JVA WYHG DDC AFRI Median
Revenue, last 12 months $81m $92m $97m $135m $38m $176m $1.5bn
Revenue growth, last 12 months 73.3% 479.8% 8.2% −6.5% 0.4% −35.6% 2.1%
Revenue growth, 3-year average 34.3% — 14.4% — — — 1.5%
Revenue growth, latest quarter 244.4% — −9.3% — — — −1.8%
Gross margin 32.4% 52.8% 19.9% 29.2% 31.4% 10.4% 25.6%
Operating margin −9.4% −48.1% 6.0% — −90.0% −2.0% 3.1%
Operating margin, 3-year average −7.7% — 3.8% — — — 4.8%
Net margin −3.4% −40.8% 4.9% 5.9% −130.2% −8.4% 2.1%
Cash from operations / revenue −1.3% −23.6% 8.4% −9.7% −101.3% 0.2% 8.0%
Free-cash-flow margin −3.0% −23.8% 8.2% −13.1% −101.3% −0.1% 3.9%
Free-cash-flow margin, 3-year average −6.5% — −1.0% — — — 5.7%
Stock pay / revenue 1.9% 8.2% 0.0% — 79.7% 0.2% 0.6%
Change in share count 6.2% 12.5% 0.0% 4.5% — 0.1% 0.0%

Median of all 44 companies we cover in packaged foods & meats. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

44 packaged foods & meats companies
Measure Company Peer median Rank
Revenue growth Growth 73.3% 2.2% 4 of 44
Change in growth rate Growth +57.4pp -1.0pp 3 of 44
Gross margin Profitability 32.4% 25.6% 13 of 43
Operating margin Profitability -9.4% 3.4% 32 of 42
Net margin Profitability -3.4% 2.3% 29 of 44
Free-cash-flow margin Cash generation -3.0% 4.3% 33 of 43
Stock pay as % of revenue Cash generation 1.9% 0.6% 33 of 39
Change in share count Balance sheet 6.2% 0.1% 34 of 40
Days sales outstanding Balance sheet 48 days 33 days 30 of 35

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Gross Sales $57.6M ▲ 15.6%
Laird Superfood Brand $48.1M ▲ 19.3%
Coffee Creamer $29.3M ▲ 27.0%
Coffee Tea and Hot Chocolate Products $15.3M ▲ 36.6%
Hydration and Beverage Enhancing Supplements $7.1M ▼ 22.6%
Harvest Snacks and Other Food Items $5.7M ▼ 8.4%
Picky Bars Brand $1.8M ▼ 40.0%
Shipping and Handling $489,352 ▼ 3.4%
Shipping Income $489,352 ▼ 3.4%
Other $200,483 ▲ 16.0%
Discounts and Promotional Activity -$8.2M —

These categories overlap or exclude eliminations, so shares aren't shown.

From Laird Superfood, Inc.'s 10-K filed March 30, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$9.2M
Institutions reporting
43
Shares held vs prior quarter
▲ 8.0%
Positions opened / closed
13 / 5

Top buyers and sellers, Q2 2026: 24 institutions bought and 13 sold ; the biggest buyer was Aspiriant, LLC (+91K shares) and the biggest seller Archon Capital Management LLC (−91K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Osaic Holdings, Inc. $1.9M 397K 20.3% ▲ 19.8%
Mink Brook Asset Management LLC $1.7M 362K 18.5% ▲ 1.8%
Vanguard Capital Management LLC $1.1M 234K 12.0% ▲ 11.2%
Renaissance Technologies LLC $609,120 130K 6.6% ▼ 2.5%
Blackrock, Inc. $471,590 100K 5.1% ▲ 6.5%
Aspiriant, LLC $429,817 91K 4.7% New
Geode Capital Management, LLC $424,184 90K 4.6% ▼ 9.5%
Hightower Advisors, LLC $343,565 73K 3.7% ▲ 3.8%
Finley Financial, LLC $235,000 50K 2.6% ▲ 100.0%
Citadel Advisors LLC $212,985 45K 2.3% ▲ 122.4%
Vanguard Fiduciary Trust Co $209,188 45K 2.3% ▲ 0.8%
Crewe Advisors LLC $202,110 43K 2.2% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Laird Superfood, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $350,104 10 trades by 2 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $350,104 net buying
Insider Date Trade Shares Price Value
Graves Gregory B Director June 10, 2026 Buy 15,000 $3.45 $51,750
Lamontagne Grant J Director June 5, 2026 Buy 6,910 $3.30 $22,803
Lamontagne Grant J Director June 4, 2026 Buy 8,826 $3.23 $28,508
Lamontagne Grant J Director June 3, 2026 Buy 17,054 $3.30 $56,278
Lamontagne Grant J Director June 2, 2026 Buy 27,160 $3.30 $89,628
Lamontagne Grant J Director May 29, 2026 Buy 6,610 $3.30 $21,813
Lamontagne Grant J Director May 28, 2026 Buy 624 $3.30 $2,059
Lamontagne Grant J Director May 22, 2026 Buy 615 $3.30 $2,030
Lamontagne Grant J Director May 21, 2026 Buy 87 $3.30 $287
Lamontagne Grant J Director May 20, 2026 Buy 22,850 $3.28 $74,948

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 2, 2026 estimated from the company's past filing pattern, not announced

  • August 13, 2026
  • May 14, 2026
  • April 21, 2026
  • March 26, 2026
  • November 10, 2025
  • August 11, 2025

Recent SEC filings

Data status

When each part of this page on Laird Superfood, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Laird Superfood, Inc. in brief

What does Laird Superfood, Inc. do?
Laird Superfood, Inc. is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.
What is Laird Superfood, Inc.'s stock ticker?
Laird Superfood, Inc. trades under the ticker LSF on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Laird Superfood, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Laird Superfood, Inc. reported revenue of $81.5M, 73.3% higher than a year earlier, according to its SEC filings.
What is Laird Superfood, Inc.'s free cash flow?
Laird Superfood, Inc.'s free-cash-flow margin is -3.0% of revenue over the trailing twelve months, ranking 33 of the 43 packaged foods & meats companies we cover.
Who are Laird Superfood, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Osaic Holdings, Inc., Mink Brook Asset Management LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Laird Superfood, Inc.'s market cap?
On November 2, 2026, Laird Superfood, Inc.'s market capitalisation was about $27.8M and net debt of -$23M. Market figures come from third-party market data and may be delayed.
Who are Laird Superfood, Inc.'s competitors?
In our Packaged Foods & Meats peer group, the companies closest to Laird Superfood, Inc. are Prenetics Global Ltd, Coffee Holding Co Inc, Wing Yip Food Holdings Group Ltd, DDC Enterprise Ltd and Forafric Global PLC. The side-by-side comparison below sets their revenue, margins and growth against Laird Superfood, Inc.'s.
Are insiders buying or selling Laird Superfood, Inc. stock?
Over the last 12 months, Laird Superfood, Inc.'s directors and officers reported 10 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Laird Superfood, Inc.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Laird Superfood, Inc. announces its own schedule.