Laird Superfood Q3 revenue soars 225% but misses estimates
LSF•Laird Superfood reported third-quarter sales of $42 million, up 225% year over year but below the $45.18 million analyst estimate. Net income turned positive, while adjusted EBITDA rose to $2.1 million from $0.2 million a year earlier.
1. Quarterly results
Laird Superfood’s third-quarter sales were $42 million, compared with analysts’ $45.18 million estimate. Revenue rose 225% year over year, net income turned positive, and adjusted EBITDA increased to $2.1 million from $0.2 million a year earlier.
2. 2026 outlook
The company expects 2026 net sales of $135 million to $140 million and adjusted EBITDA of $5 million to $6 million. It said it will update guidance as integration milestones are achieved and its full-year outlook improves.
3. Growth and margins
The company said sales growth was mainly driven by contributions from its Navitas Organics and Terrasoul Superfoods acquisitions. CEO Jason Vieth said early synergies from integrating the acquired brands supported improved profitability. Gross margin declined because of inflationary commodity costs, fuel and freight charges, and lower margins from Terrasoul’s business model.
