Laird Superfood, Inc. (LSF) Financial Statements
Industry: Food and Kindred Products
In fiscal 2025, Laird Superfood reported revenue of $49.9M, up 15.2% from $43.3M the year before. Net income was -$3.3M (a -6.5% net margin). Gross margin was 37.9% and operating margin was -6.8%. Operating activities generated -$2.8M of cash, leaving -$2.9M of free cash flow. At fiscal year end, Laird Superfood held $19.2M in total assets against $7.8M in total liabilities, including $5.1M of cash and equivalents.
Open the full interactive Laird Superfood financials → Quarterly statements, key ratios, valuation history and price charts.
Laird Superfood Key Stats
| Share Price | $2.78 |
|---|---|
| Market Cap | $30.6M |
| Revenue YoY Growth | +15.2% |
| 52-Week Range | $2.02 – $5.34 |
| Shares Outstanding | 11.0 million (basic, 2026 Q2) |
Laird Superfood Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $26.0M | $36.8M | $35.8M | $34.2M | $43.3M | $49.9M |
| Cost of Goods Sold | $19.2M | $27.4M | $30.6M | $23.9M | $25.6M | $31.0M |
| Gross Profit | $6.8M | $9.4M | $5.2M | $10.3M | $17.7M | $18.9M |
| Operating Income | -$12.9M | -$24.0M | -$40.4M | -$10.7M | -$2.2M | -$3.4M |
| Pre-Tax Income | -$12.9M | -$23.9M | -$40.3M | -$10.1M | -$1.8M | -$3.2M |
| Income Tax | — | -$17,834 | $20,269 | $15,195 | $60,324 | $20,746 |
| Net Income | -$12.9M | -$23.9M | -$40.3M | -$10.2M | -$1.8M | -$3.3M |
| Diluted EPS | -$2.61 | -$2.66 | -$4.41 | -$1.09 | — | — |
Laird Superfood Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $12.9M | $13.3M | $13.9M | $41.3M |
| Net Income | -$975,066 | -$1.8M | $1.8M | -$1.8M |
| Diluted EPS | — | — | $0.11 | -$0.25 |
Laird Superfood Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $56.9M | $22.9M | $17.7M | $7.6M | $8.3M | $5.1M |
| Current Assets | $76.0M | $47.7M | $27.5M | $16.3M | $18.0M | $18.8M |
| Total Assets | $82.3M | $65.8M | $30.0M | $18.0M | $19.3M | $19.2M |
| Current Liabilities | $2.7M | $3.8M | $7.5M | $4.4M | $5.9M | $7.7M |
| Total Long-Term Debt | $51,000 | — | — | — | — | — |
| Total Liabilities | $2.8M | $3.8M | $7.5M | $4.6M | $6.1M | $7.8M |
| Shareholders' Equity | $79.5M | $62.1M | $22.5M | $13.4M | $13.2M | $11.5M |
Laird Superfood Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$14.7M | -$22.1M | -$14.3M | -$10.8M | $865,502 | -$2.8M |
| Cash From Investing | -$4.3M | -$12.6M | $9.0M | $690,307 | -$24,776 | -$76,455 |
| Cash From Financing | $75.2M | $576,247 | $102,267 | -$27,422 | -$33,380 | -$331,681 |
| Free Cash Flow | -$15.8M | -$23.7M | -$15.5M | -$10.9M | $840,726 | -$2.9M |
Figures from Laird Superfood's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Laird Superfood financials page for every line item.
Laird Superfood Company Profile
| Ticker | LSF |
|---|---|
| Exchange | NYSE |
| Industry | Food and Kindred Products |
| Headquarters | Boulder, Colorado |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001650696 |
Frequently Asked Questions
What was Laird Superfood's revenue in fiscal 2025?
Laird Superfood (LSF) reported revenue of $49.9M for fiscal 2025.
What is Laird Superfood's annual revenue history?
Laird Superfood's annual revenue by fiscal year: 2020: $26.0M; 2021: $36.8M; 2022: $35.8M; 2023: $34.2M; 2024: $43.3M; 2025: $49.9M.
What was Laird Superfood's net income in fiscal 2025?
Laird Superfood reported net income of -$3.3M for fiscal 2025.
How much free cash flow did Laird Superfood generate in fiscal 2025?
Laird Superfood generated -$2.9M of free cash flow in fiscal 2025.
What was Laird Superfood's revenue last quarter?
In its most recent reported quarter (2026 Q2), Laird Superfood reported revenue of $41.3M.
How many shares of Laird Superfood are outstanding?
Laird Superfood reported a weighted average of 11.0 million basic shares outstanding in 2026 Q2.
What is Laird Superfood's market cap?
Based on its latest closing price, Laird Superfood (LSF) has a market capitalization of about $30.6M.
When does Laird Superfood's fiscal year end?
Laird Superfood's fiscal year end, as registered with the SEC, is December 31.
Where is Laird Superfood headquartered?
Laird Superfood lists its business address in Boulder, Colorado in its SEC filings.