Laird Superfood Q1 net sales up 20% to $13.9M; net income $1.8M vs loss year ago

Laird Superfood, Inc.

2026-Q1 EPS reported $0.11 revenue$13,941,552

Net sales $13.9M (+20% YoY); Navitas contributed $1.6M; wholesale +37%.
Gross margin 33.3% vs 41.9% YoY due to mix, commodity costs, tariffs, and prior-year inventory benefit.
Net income $1.8M ($0.12 per basic share) vs net loss of $0.2M in Q1 2025, driven by tax benefit from Navitas acquisition.
Adjusted EBITDA -$1.1M vs +$0.4M, reflecting inflationary costs, tariffs, and higher marketing expenses.
Completed acquisitions of Navitas Organics (March) and Terrasoul Superfoods (April 2026) to build multi-brand platform.

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