Laird Superfood, Inc.
AMEX:LSF · New York Stock Exchange American
+$0.59 today
Vol 0.25M · Avg 0.05M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
AMEX:LSF · Revenue to Net Income
Key Ratios
Analysis
$42.3M of revenue converted into -$1.3M of net income for the selected period. Gross margin is 65.9% and net margin is -9.0%, showing how much revenue survives after costs and taxes. EPS is $-0.18, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $49.9M +15.2% | $43.3M +26.5% | $34.2M -4.5% | $35.8M -2.7% | $36.8M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $31.0M +21.0% | $25.6M +7.1% | $23.9M -22.0% | $30.6M +11.9% | $27.4M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $18.9M +6.9% | $17.7M +71.5% | $10.3M +98.8% | $5.2M -45.0% | $9.4M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 37.9% -2.9pp | 40.9% +10.7pp | 30.1% +15.7pp | 14.5% -11.1pp | 25.6% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 -100.0% | $219.7K -48.6% | $427.5K -58.5% | $1.0M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $13.2M -14.8% | $15.5M -25.5% | $20.8M -27.6% | $28.7M -11.2% | $32.3M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $22.3M +12.4% | $19.9M -5.5% | $21.0M -53.9% | $45.6M +36.4% | $33.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $253.7K -6.1% | $270.3K -11.7% | $306.2K -72.6% | $1.1M +13.9% | $981.6K | $374.2M | $1.2B | $631.8M |
| EBITDA | -$3.0M -99.9% | -$1.5M +84.9% | -$9.8M +56.9% | -$22.8M +0.6% | -$23.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -6.0% -2.5pp | -3.4% +25.3pp | -28.8% +35.0pp | -63.7% -1.4pp | -62.4% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$3.4M -57.1% | -$2.2M +79.7% | -$10.7M +73.5% | -$40.4M -68.5% | -$24.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -6.8% -1.8pp | -5.0% +26.2pp | -31.3% +81.4pp | -112.7% -47.6pp | -65.1% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 -100.0% | $48.7K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $182.6K -55.8% | $413.3K -25.0% | $551.1K +1070.3% | $47.1K -52.8% | $99.7K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$3.2M -83.6% | -$1.8M +82.7% | -$10.1M +74.8% | -$40.3M -69.0% | -$23.9M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -6.5% -2.4pp | -4.1% +25.6pp | -29.7% +82.9pp | -112.5% -47.7pp | -64.8% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $20.7K -65.6% | $60.3K +297.0% | $15.2K -25.0% | $20.3K +13.7% | $17.8K | $1.3B | -$1.6B | $745.2M |
| Net Income | -$3.3M -78.7% | -$1.8M +82.1% | -$10.2M +74.8% | -$40.3M -69.0% | -$23.9M | $4.9B | $4.8B | $4.7B |
| Net Margin | -6.5% -2.3pp | -4.2% +25.5pp | -29.7% +82.9pp | -112.6% -47.7pp | -64.8% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$0 -72.2% | -$0 +83.5% | -$1 +75.3% | -$4 -65.8% | -$3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$0 -72.2% | -$0 +83.5% | -$1 +75.3% | -$4 -65.8% | -$3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $10.6M +6.1% | $9.9M +7.0% | $9.3M +1.7% | $9.1M +1.8% | $9.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $10.6M +6.1% | $9.9M +7.0% | $9.3M +1.7% | $9.1M +1.8% | $9.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Bridgford Foods Corporation
NASDAQ:BRID
$63.86M

BranchOut Food Inc.
NASDAQ:BOF
$52.53M

Grove Collaborative Holdings, Inc.
NYSE:GROV
$52.11M
Wing Yip Food Holdings Group Limited American Depositary Shares
NASDAQ:WYHG
$51.46M
Barfresh Food Group, Inc.
BRFH
$34.87M
Farmer Bros. Co.
FARM
$28.09M
DDC Enterprise Limited
DDC
$25.88M
Agape ATP Corporation
ATPC
$2.83M
CIMG Inc.
IMG
$2.00M
Paranovus Entertainment Technology Ltd.
PAVS
$10,732.00
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does LSF generate?
Laird Superfood, Inc. (LSF) reported $49.89M of revenue in fiscal 2025.
Is LSF profitable?
Laird Superfood, Inc. (LSF) reported -$3,252,211.00 of net income, with a net margin of -6.5%.
Explore More
Continue the stock analysis
Jump to another research area for this company.