Barfresh Guides FY2026 Revenue of $28–32M, Secures $7.5M Financing
Barfresh reported Q4 revenue of $5.4 million, up 94% year-over-year, and full-year revenue of $14.2 million, a 33% increase driven by the Arps Dairy acquisition. The company raised $7.5 million in financing, forecasts FY2026 revenue of $28–32 million and adjusted EBITDA of $3.2–3.8 million as it expands its new facility.
1. Q4 and Full-Year Results
Barfresh delivered Q4 revenue of $5.4 million, a 94% increase from $2.8 million in Q4 2024, and full-year revenue of $14.2 million, up 33% from $10.7 million, driven primarily by the Arps Dairy acquisition. Q4 net loss improved to $763,000 from $852,000, while gross margin narrowed to 3% due to startup costs in the new facility integration.
2. 2026 Guidance and Financing
The company provided Q1 2026 revenue guidance of $5.0–5.2 million (up to 77% growth) and full-year 2026 revenue guidance of $28–32 million, with adjusted EBITDA projected at $3.2–3.8 million. Barfresh secured $7.5 million in convertible note financing to accelerate manufacturing expansion and support facility completion.
3. Facility Expansion and Future Capacity
Barfresh is transitioning production to its 44,000-square-foot facility, expected before year-end, aiming for improved margins and full in-house manufacturing. This facility framework supports over $200 million in annual revenue capacity, though the ramp-up schedule has been set conservatively to ensure operational stability.