• Laird Superfood posted net income of USD 1.75 million in Q1 2026, swinging from a net loss of USD 156,182 a year earlier as net sales rose 20% to USD 13.94 million.
• Operating loss widened to USD 3.02 million from USD 218,019, while gross margin contracted 8.6 percentage points to 33.3%.
• General and administrative expense climbed 73% to USD 3.88 million, while sales and marketing expense increased 33% to USD 3.79 million.
• Cash used in operating activities increased to USD 3.83 million from USD 1.27 million, while cash on hand rose to USD 10.5 million at March 31, 2026 from USD 5.3 million at year-end 2025.
• Completed Navitas acquisition during quarter, contributing USD 1.6 million of net sales; income tax benefit of USD 4.73 million reflected a discrete release of valuation allowance tied to net deferred tax liabilities acquired in the deal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Laird Superfood Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-017096), on May 14, 2026, and is solely responsible for the information contained therein.