Laird Superfood, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $49.9M | $43.3M | $34.2M | $35.8M | $36.8M |
| Cost of revenue | $31.0M | $25.6M | $23.9M | $30.6M | $27.4M |
| Gross profit | $18.9M | $17.7M | $10.3M | $5.2M | $9.4M |
| Research and development | $329,814 | $114,144 | $219,723 | $427,537 | $1.0M |
| Operating expenses | $22.3M | $19.9M | $21.0M | $45.6M | $33.4M |
| Operating income | -$3.4M | -$2.2M | -$10.7M | -$40.4M | -$24.0M |
| Pretax income | -$3.2M | -$1.8M | -$10.1M | -$40.3M | -$23.9M |
| Income tax expense | $20,746 | $60,324 | $15,195 | $20,269 | $17,834 |
| Net income | -$3.3M | -$1.8M | -$10.2M | -$40.3M | -$23.9M |
| Balance Sheet | |||||
| Cash and equivalents | $5.1M | $8.3M | $7.6M | $17.3M | $22.9M |
| Current assets | $18.8M | $18.0M | $16.3M | $27.5M | $47.7M |
| Total assets | $19.2M | $19.3M | $18.0M | $30.0M | $65.8M |
| Current liabilities | $7.7M | $5.9M | $4.4M | $7.5M | $3.8M |
| Total liabilities | $7.8M | $6.1M | $4.6M | $7.5M | $3.8M |
| Stockholders' equity | $11.5M | $13.2M | $13.4M | $22.5M | $62.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$2.8M | $865,502 | -$10.8M | -$14.3M | -$22.1M |
| Depreciation and amortization | $253,719 | $270,271 | $306,176 | $1.1M | $596,505 |
| Stock-based compensation | $1.9M | $1.6M | $1.1M | $631,227 | $3.6M |
| Capital expenditure | $76,455 | $24,776 | $144,023 | $1.2M | $1.6M |
| Free cash flow | -$2.9M | $840,726 | -$10.9M | -$15.5M | -$23.7M |
| Share repurchases | — | — | — | — | $0 |
| Impairments | $661,103 | $0 | $0 | $6.5M | $0 |
Shares outstanding 11.0M · Free float 95.0%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.