Once Upon a Farm raises 2026 sales outlook as Q2 net sales rise 42% to $85.4 million
Once Upon a Farm reported second-quarter 2026 net sales up 42.3% year over year to $85.4 million, and its net loss narrowed to $5.0 million from $9.0 million. The company raised its full-year 2026 net sales outlook to $327 million to $335 million and its Adjusted EBITDA outlook to $3 million to $4.5 million. Gross margin fell to 35.9% from 40.7%, and Adjusted EBITDA swung to a $1.7 million loss from $2.0 million of Adjusted EBITDA a year earlier.
Key points
- Q2 2026 net sales rose $25.4 million, or 42.3%, to $85.4 million; the company cited a 40.3% increase in volume growth.
- Net loss was $5.0 million, or $(0.12) per share, versus $9.0 million, or $(1.36) per share, in the prior-year quarter.
- Gross margin fell to 35.9% from 40.7%, which the company attributed to trade spend and product mix.
- As of June 30, 2026, cash and cash equivalents were $93.5 million and the company had no debt, following its February 2026 IPO.
The filing
Written by AI on Nov 9, 2026, 8:53 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 August 06, 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.