Filing Flows › Once Upon a Farm, PBC (OFRM) › Q1 2026
Once Upon a Farm, PBC (OFRM) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Once Upon a Farm, PBC (OFRM) reported revenue of $72.7M for the first quarter 2026 (Q1 2026), +44% from a year earlier. Operating margin was -22.2%, net loss $15.8M (21.7% of revenue).
Once Upon a Farm, PBC, Q1 2026: revenue $72.7M (+44% year over year), operating margin -22.2%, net loss $15.8M, operating cash flow −$12.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.7M | — | +44% |
| Operating profit | −$16.1M | — | — |
| Net earnings | −$15.8M | — | — |
| Operating cash flow | −$12.8M | — | — |
What changed
Revenue was $72.7M in Q1 2026, up 44% year over year. Kid Pouches was the largest line at 40% of revenue. Baby Snacks added $14.7M year over year (up 122%), 66% of the total change. Baby Other declined 48%.
Gross margin was 40.8%, up 3.1 points from a year earlier. Operating costs exceeded revenue by $16.1M, an operating margin of -22.2%. Operating expenses grew 62% against revenue growth of 44%. The quarter ended with a net loss of $15.8M.
Operating cash flow was −$12.8M. Non-cash charges added back $475K of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items used $1.8M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$14.3M.
Questions
What was Once Upon a Farm, PBC's revenue in the first quarter 2026?
Once Upon a Farm, PBC (OFRM) reported revenue of $72.7M for the first quarter 2026 (Q1 2026), +44% from a year earlier.
Was Once Upon a Farm, PBC profitable in the first quarter 2026?
Operating loss was $16.1M (-22.2% of revenue) and net loss $15.8M.