Mama's Creations Q1 revenue rises 50% to $52.8 million; net income up 66%
Mama's Creations reported first-quarter fiscal 2027 results for the period ended April 30, 2026. Revenue rose 50% to $52.8 million and net income rose 66% to $2.1 million, or $0.05 per diluted share, but gross margin fell to 23.6% from 26.1%, which the company attributed to short-term start-up inefficiencies tied to new product launches. Cash and cash equivalents reached $24.4 million, and total debt was $5.1 million.
Key points
- Revenue of $52.8 million versus $35.3 million a year earlier, up 49.7%
- Net income of $2.1 million, or $0.05 per diluted share, versus $1.2 million, or $0.03, a year earlier
- Gross margin of 23.6% versus 26.1%; management cited labor and raw material inefficiencies from new packaging and product start-ups
- Cash of $24.4 million as of April 30, 2026, up from $20.0 million on January 31, 2026; total debt $5.1 million
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.