Laird Superfood, Inc.
LSF- Exchange
- NYSE
- Industry
- Food and Kindred Products
- SEC CIK
- 0001650696
No open-market purchases or sales by Laird Superfood, Inc. insiders were filed in the last 90 days; 45 institutions reported holding it in 13F filings for Q2 2026, worth $9.17M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 1:50 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $3.25M (6.5% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 26, 2026 | Feb 26, 2025 | Mar 12, 2024 | Mar 14, 2023 | Jan 31, 2022 |
| Revenue | $49.9M | $43.3M | $34.2M | $35.8M | $36.8M |
| Cost of revenue | $31.0M | $25.6M | $23.9M | $30.6M | $27.4M |
| Gross profit | $18.9M | $17.7M | $10.3M | $5.19M | $9.43M |
| Operating expenses | $22.3M | $19.9M | $21.0M | $45.6M | $33.4M |
| Research and development | $329.8K | $114.1K | $219.7K | $427.5K | $1.03M |
| Selling, general and administrative | $10.2M | $9.30M | $9.57M | $30.6M | $16.5M |
| Operating income | -$3.41M | -$2.17M | -$10.7M | -$40.4M | -$24.0M |
| Income tax | $20.7K | $60.3K | $15.2K | $20.3K | -$17.8K |
| Net income | -$3.25M | -$1.82M | -$10.2M | -$40.3M | -$23.9M |
| EPS, basic | $-0.31 | $-0.18 | $-1.09 | $-4.41 | $-2.66 |
| EPS, diluted | – | – | $-1.09 | $-4.41 | $-2.66 |
| Weighted shares, basic | 10.6M | 9.95M | 9.30M | 9.15M | – |
| Weighted shares, diluted | – | – | – | 9.15M | – |
| Margins and growth | |||||
| Gross margin | 37.9% | 40.9% | 30.1% | 14.5% | 25.6% |
| Operating margin | -6.8% | -5.0% | -31.3% | -112.7% | -65.1% |
| Net margin | -6.5% | -4.2% | -29.7% | -112.6% | -64.8% |
| Revenue growth, year over year | +15.2% | +26.5% | −4.5% | −2.7% | +41.5% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 26, 2026 | Feb 26, 2025 | Mar 12, 2024 | Mar 14, 2023 | Jan 31, 2022 |
| Cash and equivalents | $5.11M | $8.34M | $7.57M | $17.7M | $22.9M |
| Accounts receivable | $3.90M | $1.76M | $1.02M | $1.49M | $1.27M |
| Inventory | $7.78M | $5.98M | $6.32M | $5.70M | $10.2M |
| Total current assets | $18.8M | $18.0M | $16.3M | $27.5M | $47.7M |
| Property, plant and equipment | $41.2K | $58.4K | $122.6K | $150.3K | $4.51M |
| Goodwill | – | – | $0 | $0 | $6.49M |
| Intangible assets | $207.1K | $1.03M | $1.22M | $1.42M | $4.84M |
| Total assets | $19.2M | $19.3M | $18.0M | $30.0M | $65.8M |
| Accounts payable | – | – | $1.65M | $1.08M | $888.8K |
| Total current liabilities | $7.71M | $5.92M | $4.38M | $7.45M | $3.79M |
| Total liabilities | $7.76M | $6.06M | $4.62M | $7.53M | $3.79M |
| Shareholders' equity | $11.5M | $13.2M | $13.4M | $22.5M | $62.1M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 26, 2026 | Feb 26, 2025 | Mar 12, 2024 | Mar 14, 2023 | Jan 31, 2022 |
| Operating cash flow | -$2.79M | $865.5K | -$10.8M | -$14.3M | -$22.1M |
| Capital expenditures | $76.5K | $24.8K | $144.0K | $1.15M | $1.56M |
| Free cash flow | -$2.86M | $840.7K | -$10.9M | -$15.5M | -$23.7M |
| Depreciation and amortization | $253.7K | $270.3K | $306.2K | $1.12M | – |
| Stock-based compensation | $1.88M | $1.64M | $1.09M | – | $3.57M |
| Share buybacks | – | – | – | – | $0 |
| Investing cash flow | -$76.5K | -$24.8K | $690.3K | $8.97M | -$12.6M |
| Financing cash flow | -$331.7K | -$33.4K | -$27.4K | $102.3K | $576.2K |
| Net change in cash | -$3.19M | $807.3K | -$10.1M | – | -$34.2M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 3.8% | 3.8% | 3.2% | – | 9.7% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Aug 10, 2026 | 11.2M | +5.0% | SEC |
| May 8, 2026 | 11.0M | +4.9% | SEC |
| Mar 23, 2026 | 10.9M | +6.1% | SEC |
| Nov 7, 2025 | 10.7M | +4.0% | SEC |
| Aug 4, 2025 | 10.7M | +4.0% | SEC |
| May 5, 2025 | 10.5M | +9.2% | SEC |
| Feb 21, 2025 | 10.3M | +9.4% | SEC |
| Nov 4, 2024 | 10.3M | +9.9% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.