Laird Superfood, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.3M | $13.9M | $13.3M | $12.9M | $12.0M | $11.7M | $11.6M | $11.8M |
| Cost of Revenue | $28.8M | $9.3M | $8.8M | $8.2M | $7.2M | $6.8M | $7.1M | $6.7M |
| Gross Profit | $12.5M | $4.6M | $4.5M | $4.7M | $4.8M | $4.9M | $4.5M | $5.1M |
| Gross Margin | 30.3% | 33.3% | 34.1% | 36.5% | 39.9% | 41.9% | 38.6% | 43.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $7.3M | $3.9M | $3.1M | $2.7M | $2.2M | $2.2M | $2.4M | $2.6M |
| Operating Income | $-1.9M | $-3.0M | $-1.8M | $-995.6K | $-399.5K | $-218.0K | $-477.3K | $-268.6K |
| Operating Margin | -4.5% | -21.7% | -13.5% | -7.7% | -3.3% | -1.9% | -4.1% | -2.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-1.8M | $-3.0M | $-1.8M | $-967.9K | $-353.9K | $-143.6K | $-386.0K | $-160.7K |
| Income Tax Expense | $-2.3K | $-4.7M | $-7.3K | $7.1K | $8.3K | $12.6K | $12.4K | $5.4K |
| Net Income | $-1.8M | $1.8M | $-1.8M | $-975.1K | $-362.2K | $-156.2K | $-398.4K | $-166.1K |
| Net Margin | -4.4% | 12.6% | -13.2% | -7.6% | -3.0% | -1.3% | -3.4% | -1.4% |
| EPS (Basic) | $-0.25 | $0.12 | $-0.17 | $-0.09 | $-0.03 | $-0.02 | $-0.03 | $-0.02 |
| EPS (Diluted) | $-0.25 | $0.11 | — | — | $-0.03 | $-0.02 | — | — |
| Shares Outstanding (Basic) | 11.0M | 10.8M | 10.6M | 10.7M | 10.5M | 10.3M | 9.9M | 10.3M |
| Shares Outstanding (Diluted) | 11.0M | 11.6M | 10.6M | 10.7M | 10.5M | 10.3M | 9.9M | 10.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |