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Laird Superfood (LSF)
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Laird Superfood Income Statement 2025-2011 | LSF
Brief overview of financial results at Laird Superfood
This overview is based on financial performance over the past five years. Revenue reported by Laird Superfood was $26 million at the beginning of the period and $49.9 million at the end. The total change was +91.8%, with a CAGR of approximately 13.9%. The company expanded its sales base at a healthy rate.
The five-year change in gross profit reached +178%: from 6.8 million dollars to 18.9 million dollars. The cost base moved more slowly than the top line, which supported margins. Comparing the endpoints gives gross margins of 26.2% and 37.9%. A wider margin shows that the economics of the core business improved.
The five-year EBITDA result moved by +74.1%: from −$12.2 million to −$3.2 million. EBITDA lagged revenue, showing weaker operating momentum. EBITDA margin moved from −47% to −6.3%. The business generated more EBITDA from each unit of revenue.
The final result was −12.9 million dollars initially and −3.3 million dollars in the final year. Losses became smaller, but the business remains unprofitable.
Conclusion
The figures do not all move in the same direction. The financial profile benefits from a stronger final result, an improving EBITDA margin and better sales economics. The weaker side of the profile includes limited operating profitability. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Laird Superfood
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
22.5 M | 71.1 M | 17.7 M | 8.6 M | 55.8 M | 202 M | - | - | - | - | - | - | - | - | - |
Shares |
10.6 M | 9.95 M | 9.3 M | 9.15 M | 9.07 M | 4.67 M | - | - | - | - | - | - | - | - | - |
Historical Prices |
2.13 | 7.15 | 1.9 | 0.94 | 6.15 | 39.5 | - | - | - | - | - | - | - | - | - |
Net Income |
-3.25 M | -1.82 M | -10.2 M | -40.3 M | -23.9 M | -12.9 M | -8.5 M | -8.46 M | - | - | - | - | - | - | - |
Revenue |
49.9 M | 43.3 M | 34.2 M | 35.8 M | 9.37 M | 26 M | 13.1 M | 8.29 M | - | - | - | - | - | - | - |
Cost of Revenue |
31 M | 25.6 M | 23.9 M | 30.6 M | 7.15 M | 19.2 M | 8.02 M | - | - | - | - | - | - | - | - |
Gross Profit |
18.9 M | 17.7 M | 10.3 M | 5.19 M | 2.21 M | 6.8 M | 5.08 M | 2.66 M | - | - | - | - | - | - | - |
Operating Income |
-3.41 M | -2.17 M | -10.7 M | -40.4 M | -7.02 M | -12.9 M | -8.75 M | - | - | - | - | - | - | - | - |
Interest Expense |
- | - | - | - | - | - | 48.8 K | - | - | - | - | - | - | - | - |
EBITDA |
-3.16 M | -1.9 M | -10.4 M | -39.2 M | -6.04 M | -12.2 M | -8.4 M | -8.29 M | - | - | - | - | - | - | - |
Operating Expenses |
22.3 M | 19.9 M | 21 M | 45.6 M | 9.23 M | 19.5 M | 13.8 M | 11.1 M | - | - | - | - | - | - | - |
General and Administrative Expenses |
5.77 M | 4.93 M | 5.59 M | 7.77 M | 8.06 M | 8.59 M | 5.2 M | 5.83 M | - | - | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Laird Superfood
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
10.5 M | 10.8 M | - | 10.7 M | 10.5 M | 10.3 M | 10.3 M | 10.3 M | 9.83 M | 9.4 M | 9.38 M | 9.34 M | 9.28 M | 9.21 M | 9.21 M | 9.18 M | 9.13 M | 9.1 M | 9.09 M | 9 M | 8.97 M | 8.89 M | 8.88 M | 4.67 M | 4.33 M | 4.28 M | 4.05 M | 3.59 M | 3.52 M | 3.51 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-362 K | 1.75 M | - | -975 K | -362 K | -156 K | - | -166 K | -239 K | -1.02 M | - | -2.65 M | -3.51 M | -4.14 M | - | -5.74 M | -4.9 M | -14.1 M | -6.89 M | -5.35 M | -6.3 M | -5.33 M | -4.49 M | -3.36 M | -3.01 M | -2 M | -2.16 M | -2.37 M | -2.25 M | -1.72 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
12 M | 13.9 M | - | 12.9 M | 12 M | 11.7 M | - | 11.8 M | 10 M | 9.91 M | - | 9.18 M | 7.72 M | 8.11 M | - | 8.84 M | 8.67 M | 9.34 M | 9.37 M | 10.9 M | 9.18 M | 7.4 M | 7.28 M | 7.49 M | 5.52 M | 5.48 M | 4.17 M | 3.49 M | 2.95 M | 2.49 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
1.19 M | 9.3 M | - | 8.19 M | 7.21 M | 6.77 M | - | 6.71 M | 5.83 M | 5.94 M | - | 6.33 M | 5.85 M | 6.24 M | - | 6.77 M | 7.1 M | 7.39 M | 7.15 M | 7.67 M | 7 M | 5.56 M | 5.82 M | 5.73 M | 4.29 M | 3.37 M | 2.72 M | 2.03 M | 1.8 M | 1.46 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
4.78 M | 4.64 M | - | 4.7 M | 4.78 M | 4.88 M | - | 5.06 M | 4.18 M | 3.96 M | - | 2.85 M | 1.88 M | 1.87 M | - | 2.07 M | 1.58 M | 1.95 M | 2.21 M | 3.2 M | 2.18 M | 1.84 M | 1.46 M | 1.76 M | 1.24 M | 2.12 M | 1.45 M | 1.46 M | 1.15 M | 1.03 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-399 K | -3.02 M | - | -996 K | -399 K | -218 K | - | -269 K | -339 K | -1.09 M | - | -2.79 M | -3.66 M | -4.3 M | - | -5.82 M | -4.93 M | -14 M | -7.02 M | -5.31 M | -6.28 M | -5.34 M | -4.51 M | -3.38 M | -3.02 M | -2.02 M | -2.23 M | -2.41 M | -2.34 M | -1.78 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.92 K | - | - | - | - | - | - | - | - | - | 18.8 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-364 K | -2.85 M | - | -935 K | -274 K | -151 K | - | -203 K | -319 K | -1.02 M | - | -2.77 M | -3.63 M | -4.21 M | - | -5.65 M | -4.74 M | -13.7 M | -7.02 M | -5.16 M | -6.11 M | -5.21 M | -4.51 M | -3.27 M | -2.91 M | -1.9 M | -2.23 M | -2.21 M | -2.34 M | -1.78 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
5.18 M | 7.66 M | - | 5.7 M | 5.18 M | 5.1 M | - | 5.33 M | 4.52 M | 5.05 M | - | 5.63 M | 5.53 M | 6.18 M | - | 7.89 M | 6.5 M | 15.9 M | 9.23 M | 8.51 M | 8.46 M | 7.18 M | 5.97 M | 5.14 M | 4.26 M | 4.14 M | 3.68 M | 3.87 M | 3.49 M | 2.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
2.2 M | 2.28 M | - | 1.69 M | 1.02 M | 1.09 M | - | 1.38 M | 1.17 M | 1.24 M | - | 1.31 M | 1.61 M | 1.77 M | - | 4.38 M | 2.54 M | 3.8 M | 4.4 M | 974 K | 1.06 M | 657 K | 3.18 M | 198 K | 169 K | 138 K | 1.49 M | 193 K | 1.43 M | 907 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Laird Superfood (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.