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Laird Superfood (LSF) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Laird Superfood (LSF) reported revenue of $41.3M for the second quarter 2026 (Q2 2026), +244% from a year earlier and +196% from the quarter before. Operating margin was -4.5%, net loss $1.8M (4.4% of revenue).

Revenue$41.3M
Year over year+244%
Quarter over quarter+196%
Operating margin-4.5%
Net earnings−$1.8M

Laird Superfood, Q2 2026: revenue $41.3M (+244% year over year), operating margin -4.5%, net loss $1.8M, operating cash flow $1.5M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$41.3M+196%+244%
Operating profit−$1.9M——
Net earnings−$1.8M-203%—
Operating cash flow$1.5M——
Free cash flow$1.4M——

What changed

Revenue was $41.3M in Q2 2026, up 244% year over year and up 196% from the previous quarter.

Gross margin was 30.3%, down 9.6 points from Q2 2025. Operating costs exceeded revenue by $1.9M, an operating margin of -4.5%. Operating expenses grew 178% against revenue growth of 244%. The fastest-growing cost line was General & admin (+229%). The quarter ended with a net loss of $1.8M, after a profit of $1.8M the previous quarter.

Operating cash flow was $1.5M. Non-cash charges added back $1.1M of depreciation and amortization and $281K of share-based compensation. Working capital and other items added $1.9M. Capital expenditures of $42K left free cash flow of $1.4M.

Questions

What was Laird Superfood's revenue in the second quarter 2026?

Laird Superfood (LSF) reported revenue of $41.3M for the second quarter 2026 (Q2 2026), +244% from a year earlier and +196% from the quarter before.

Was Laird Superfood profitable in the second quarter 2026?

Operating loss was $1.9M (-4.5% of revenue) and net loss $1.8M.

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Source: Laird Superfood 10-Q on SEC EDGAR.