Food and Kindred Products · SIC 2000

Laird Superfood, Inc.

LSF

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Latest revenue

$13.9M

as of 2026-03-31

Latest net income

$1.8M

as of 2026-03-31

Net margin

12.6%

as of 2026-03-31

Price · 5Y

-35.9% / yr 49.6 pts / yr vs S&P 500 89.1% total
Compare:

Live market

delayed ≤15 min
$3.57
7.85%
Market cap
$39.3M
Enterprise value
$39.3M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$7.80
52-wk low
$1.96
Beta
Shares out
11.0M

5-year trend

What this company does

AI

ITEM 1. BUSINESS. When used in this Annual Report on Form 10-K, 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. Overview Laird Superfood develops and markets great-tasting, high-quality food and beverage products designed to support health, convenience, and everyday use. Our product portfolio emphasizes natural ingredients, nutrient density, and functional attributes, and includes offerings that incorporate adaptogens and other functional ingredients commonly associated with supporting stress management, energy, mental focus, and overall wellness. Our primary products…

AI summary unavailable — showing raw filing excerpt

Generated from LSF's filing dated 2026-03-30

Key risks

AI

ITEM 1A. RISK FACTORS. Our business is subject to various risks and uncertainties. Investors should carefully read the following factors as well as the cautionary statements referred to in “Cautionary Note Regarding Forward-Looking Statements” included herein. If any of the risks and uncertainties described below or elsewhere in this Form 10-K occur, the Company’s business, financial condition, or results of operations could be materially adversely affected. Risks Relating to Our Limited Operating History, Financial Position and Capital Needs We are an early-stage company and have incurred significant losses since our inception. We may continue to incur losses for the foreseeable future. We…

AI summary unavailable — showing raw filing excerpt

Generated from LSF's filing dated 2026-03-30

Profitability

Gross margin

37.9%

7.2%

Operating margin

-6.8%

36.3%

Net margin

-6.5%

55.1%

Return on equity

-28.4%

109.1%

Return on assets

-16.9%

79.1%

Leverage

Debt / equity

0.68×

55.2%

Long-term debt / equity

0.00×

Debt / assets

40.4%

32.9%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$13.9M+19.6%$1.8M+1221.1%12.6%

Q4 2025

2025-12-31

$13.3M+15.0%$-1.8M-341.4%-13.2%

Q3 2025

2025-09-30

$12.9M+9.5%$-975.1K-487.0%-7.6%

Q2 2025

2025-06-30

$12.0M+19.9%$-362.2K-51.5%-3.0%

Q1 2025

2025-03-31

$11.7M+17.6%$-156.2K+84.6%-1.3%

Q4 2024

2024-12-31

$11.6M$-398.4K-3.4%

Q3 2024

2024-09-30

$11.8M+28.3%$-166.1K+93.7%-1.4%

Q2 2024

2024-06-30

$10.0M+29.5%$-239.1K+93.2%-2.4%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Food and Kindred Products · SIC 2000

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Insider activity

Insider buying

$84.0M

Insider selling

$0

Net activity

+$84.0M

Distinct insiders

2

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-04-21

NEXUS SPECIAL SITUATIONS III, L.P.

10%+ owner

Purchasederiv.24,000$1000.00$24.0M
2026-04-21

Nexus Capital Management LP / Gateway Superfood NSSIII Investment, LLC / Gateway Superfood NSSIV Investment, LLC / Nexus Partners IV, LLC / Nexus Special Situations GP IV, LP / Michael S Cohen / Daniel E. Flesh / Damian Giangiacomo / Nexus Partners III, LLC / Nexus Special Situations GP III, LP

10%+ owner

Purchasederiv.24,000$1000.00$24.0M
2026-04-21

Nexus Capital Management LP / Gateway Superfood NSSIII Investment, LLC / Gateway Superfood NSSIV Investment, LLC / Nexus Partners IV, LLC / Nexus Special Situations GP IV, LP / Michael S Cohen / Daniel E. Flesh / Damian Giangiacomo / Nexus Partners III, LLC / Nexus Special Situations GP III, LP

10%+ owner

Purchasederiv.36,000$1000.00$36.0M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns LSF

Institutional value

$2.1M

Total shares held

959.7K

Distinct holders

22

-17 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Mink Brook Asset Management LLC355.4K$764.2K+133.0K (+59.8%)Added
2VANGUARD CAPITAL MANAGEMENT LLC210.4K$452.4KNew
3BlackRock, Inc.94.2K$202.6K+2.0K (+2.1%)Added
4HighTower Advisors, LLC70.4K$151.4K-5.0K (-6.7%)Trimmed
5VANGUARD FIDUCIARY TRUST CO44.2K$95.0KNew
6Crewe Advisors LLC43.0K$92.5K+27.0K (+168.8%)Added
7Creative Planning34.6K$74.5K+0 (+0.0%)No change
8DIMENSIONAL FUND ADVISORS LP27.5K$59.2K-1.6K (-5.4%)Trimmed
9Finley Financial, LLC25.0K$53.8K+0 (+0.0%)No change
10COMMONWEALTH EQUITY SERVICES, LLC20.7K$44.6KNew
11Steadtrust LLC20.0K$43.0K+0 (+0.0%)No change
12UBS Group AG5.2K$11.2K-3.2K (-37.8%)Trimmed
13Vanguard Global Advisers, LLC4.9K$10.6KNew
14Colonial Trust Advisors3.0K$6.5K+0 (+0.0%)No change
15Farther Finance Advisors, LLC383$908+0 (+0.0%)No change
16SBI Securities Co., Ltd.273$587+269 (+6725.0%)Added
17WELLS FARGO & COMPANY/MN200$430+0 (+0.0%)No change
18Blue Trust, Inc.75$161New
19BNP PARIBAS FINANCIAL MARKETS52$112+0 (+0.0%)No change
20VISION FINANCIAL MARKETS LLC40$86+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once LSF's latest filing finishes processing.