Filing Flows › Laird Superfood (LSF) › Q4 2025
Laird Superfood (LSF) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 30, 2026
Laird Superfood (LSF) reported revenue of $13.3M for the fourth quarter 2025 (Q4 2025), +15% from a year earlier and +4% from the quarter before. Operating margin was -13.5%, net loss $1.8M (13.2% of revenue).
Laird Superfood, Q4 2025: revenue $13.3M (+15% year over year), operating margin -13.5%, net loss $1.8M, operating cash flow $68K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.3M | +4% | +15% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | $68K | -95% | -80% |
What changed
Revenue was $13.3M in Q4 2025, up 15% year over year and up 4% from the previous quarter. Laird Superfood Brand was the largest line at 98% of revenue.
Gross margin was 34.1%, down 4.6 points from Q4 2024. Operating costs exceeded revenue by $1.8M, an operating margin of -13.5%. Operating expenses grew 28% against revenue growth of 15%. The fastest-growing cost line was General & admin (+30%). The quarter ended with a net loss of $1.8M, wider than the previous quarter's $1.0M loss.
Operating cash flow was $68K (down 80% year over year). Non-cash charges added back $68K of depreciation and amortization and $447K of share-based compensation. Working capital and other items added $1.3M.
Questions
What was Laird Superfood's revenue in the fourth quarter 2025?
Laird Superfood (LSF) reported revenue of $13.3M for the fourth quarter 2025 (Q4 2025), +15% from a year earlier and +4% from the quarter before.
Was Laird Superfood profitable in the fourth quarter 2025?
Operating loss was $1.8M (-13.5% of revenue) and net loss $1.8M.
Source: Laird Superfood 10-K on SEC EDGAR.