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MARKETS / NYSE / LSF
NYSE · FOOD AND KINDRED PRODUCTS · SMALL CAP

Laird Superfood, Inc. LSF

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$49.9M
▲ 15.2% YoY
$-3.3M
$-2.9M
▼ 440.4% YoY
In brief

What this company does

Its primary products include coffee creamers, coffee, tea, and hot chocolate products, hydration and beverage enhancing products, and snacks and other food items; following the Navitas Acquisition, its products also include healthy baking products, wellness staples, and functional snacks. The terms "Laird Superfood," the "Company," "we," "our," and "us" refer to Laird Superfood, Inc. and its wholly owned subsidiary, Picky Bars, LLC, on a consolidated basis. Its omnichannel distribution strategy has two key components: e-commerce and wholesale. The company participates in what Grand View Research estimates to be an $11.9 trillion grocery market as of 2023, and it is specifically focused on the U.S. Natural, Organic, and Functional Food and Beverages and Supplement sub-segment, which accounted for approximately $104.7 billion of that market in 2023. As of December 31, 2025, the company had 26 full-time employees and two part-time employees, none of whom are represented by labor unions or covered by collective bargaining agreements.

Written from the business description in Laird Superfood, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 30 March 2026. Every sentence was checked against that document before publication.

Growth
USD 49.9M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 49.9 · Net income -3.3
20M40M-20M-40M2019202020212022202320242025
Compound annual growth
+11.7%
+14.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +14.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−7 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -6.8% · Net -6.5%
-50%-100%2019202020212022202320242025
ROE
FY2025 · ROE -26.4%
-50%-100%2019202020212022202320242025

Each USD of equity lost 26 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -2.9
-8M-16M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2021 · Dividends — · Net buybacks -0.2
-25.0M-50.0M201920202021

Total assetsUSD 19.2M
EquityUSD 11.5M
CashUSD 5.1M
Current ratio2.44×

Equity funds 60% of total assets.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.00.0·
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.00.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $··−1.09−4.41−2.66−2.61−0.29
Dividend / sh $·······
Payout %·······
ROE %−26.4−13.7−56.6−95.4−33.7−29.3−104.8
Shares out B0.010.010.010.010.010.010.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 35 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 60 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityFood and Kindred Products
Listed onNYSE
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2019

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