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Once Upon a Farm, PBC (OFRM) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 6, 2026 · Once Upon a Farm, PBC (OFRM) Q2 2026 earnings results →

Q2 2026 Revenue up 42% year over year to $85.4M · 6¢ of every $1 of revenue lost · operating margin -6.6%

Once Upon a Farm, PBC made $85.4M in Q2 2026 (+42% Y/Y): Kids Product $43.9M, Baby Product $41.5M. Operating margin -6.6%, net loss $5.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 6, 2026.

Revenue$85.4M
Year over year+42%
Operating margin-6.6%
Net earnings−$5.0M
Operating cash flow−$5.0M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $85.4M in Q2 2026, up 42% year over year and up 17% from the previous quarter. Kid Pouches was the largest line at 42% of revenue. Baby Snacks added $12.8M year over year (up 76%), 51% of the total change. Baby Other declined 18%.

Gross margin was 35.9%, down 4.9 points from a year earlier. Operating costs exceeded revenue by $5.6M, an operating margin of -6.6%. Operating expenses grew 49% against revenue growth of 42%. The quarter ended with a net loss of $5.0M, narrower than the previous quarter's $15.8M loss.

Operating cash flow was −$5.0M. Non-cash charges added back $574K of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $3.1M. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$6.0M.

Quarterly history

Once Upon a Farm, PBC revenue by quarterOnce Upon a Farm, PBC revenue by quarter$72.7MQ1 2026$85.4MQ2 2026
Once Upon a Farm, PBC net earnings by quarterOnce Upon a Farm, PBC net earnings by quarter−$15.8MQ1 2026−$5.0MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 6, 2026$85.4M+42%-6.6%−$5.0M−$5.0M
Q1 202610-QMay 7, 2026$72.7M+44%-22.2%−$15.8M−$12.8M

Charts

Once Upon a Farm, PBC: profit against cash, quarter by quarterOnce Upon a Farm, PBC: profit against cash, quarter by quarterNet incomeOperating cash flow−$19.5M−$14.5MQ1 2025−$9.0M−$2.7MQ2 2025−$15.8M−$12.8MQ1 2026−$5.0M−$5.0MQ2 2026
Latest (Q2 2026): Net income −$5.0M, Operating cash flow −$5.0M.
Once Upon a Farm, PBC in its industry: growth against margin (16 companies, SIC 2000)Once Upon a Farm, PBC in its industry: growth against margin (16 companies, SIC 2000)revenue growth, year over year →↑ operating marginmedian -1%median 0%MDLZCAGCPBFLOBRBRBGSSMPLHAINVITLBYNDLSFBRLSBOFUCFITRWDOFRM (+42%, -7%)
Food and Kindred Products; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Once Upon a Farm, PBC

Once Upon a Farm, PBC (NYSE: OFRM) is redefining the organic kids’ food category and shaping the future of food. Guided by its mission to drive systemic improvement in childhood nutrition for a happier, healthier, more equitable world, the Company offers a portfolio of crave-worthy snacks and meals designed for children from babies through big kids. Our Once Upon a Farm products are organic, non-GMO, contain no added processed sugar and are free from artificial flavors and colors – just simple, real, nutritious food kids ask for and parents trust. For more information visit www.onceuponafarmorganics.com , follow @onceuponafarm on Instagram, Facebook and TikTok.

In its own words, from its 8-K, filed Aug 6, 2026.

Once Upon a Farm, PBC against its Food and Kindred Products peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +42% against the peers' median -4%. Operating margin: -6.6% against the peers' median 9.0%.

CompanyQuarterRevenueY/YOp. margin
OFRM Once Upon a Farm, PBCQ2 2026$85.4M+42%-6.6%
MDLZ Mondelez InternationalQ3 2026$10.0B+2%17.6%
CAG Conagra BrandsQ1 FY27$2.6B-1%10.3%
CPB Campbell'sQ4 FY26$2.1B-8%0.2%
FLO Flowers FoodsQ2 2026$1.2B-4%5.7%
BRBR Bellring BrandsQ3 FY26$570M+4%11.5%
BGS B&G FoodsQ2 2026$383M-10%9.0%
SMPL Simply Good FoodsQ4 FY26$333M-10%13.8%
HAIN Hain Celestial GroupQ4 FY26$263M-28%-21.2%

Source: Once Upon a Farm, PBC 10-Q on SEC EDGAR · CIK 1696556 · Food and Kindred Products

13F: who owns OFRM and who is buying

Largest holders of OFRM (13F)Largest holders of OFRM (13F)Millennium Management LLC$42.1MWestwood Holdings Group$40.4MBamco$35.9MFMR LLC$25.9MAlliancebernstein L.P.$25.5MBlackRock$17.6MNicholas Investment Partners, LP$16.1MMassachusetts Financial Services$14.7MFederated Hermes$12.3MAlyeska Investment Group, L.P.$10.2M
Funds' net buying of OFRM by quarter (13F)Funds' net buying of OFRM by quarter (13F)$269M2026-03$18.2M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on OFRM

History

Every quarter: Q2 2026 results · Q1 2026 results

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