Once Upon a Farm, PBC 8K

Once Upon a Farm reported strong Q1 2026 revenue growth and margin expansion, improved losses, a strengthened post-IPO balance sheet, and raised its 2026 net sales and Adjusted EBITDA outlook.

Once Upon a Farm, PBC (NYSE: OFRM) reported strong first quarter 2026 results, with net sales increasing 43.7% year-over-year to $72.7 million, gross margin expanding to 40.8% from 37.7%, and net loss improving to $15.8 million from $19.5 million as higher gross profit more than offset increased SG&A expenses largely driven by stock-based compensation and IPO-related performance payments. The company also reduced its Adjusted EBITDA loss to $3.1 million from $7.5 million, ended the quarter with $99.9 million in cash and no debt following its February 2026 IPO, and raised its full-year 2026 net sales outlook to a range of $313 million to $323 million with expected Adjusted EBITDA of $2 million to $4 million, citing strong consumption trends, cooler productivity gains, and expanding distribution. Management emphasized continued momentum across the portfolio, productivity improvements from cooler placements, and confidence in the durability and efficiency of its growth model while providing detailed non-GAAP reconciliations and outlining risk factors and forward-looking statement caveats.

Filing Facts

CIK

1696556

Ticker

-

Form

8K

Source Type

sec

Accession

0001696556-26-000014

Alert Tier

7