Laird Superfood Q2 FY26 net loss widens to $1.81 million; net sales rise to $41.29 million, up 244% on Q2 FY25

• Laird Superfood posted Q2 net loss of USD 1.81 million as net sales more than doubled to USD 41.29 million.
• Gross margin fell 9.6 percentage points to 30.3%, with management citing mix, commodity inflation, lower Terrasoul margins.
• Operating loss widened to USD 1.86 million as operating expenses climbed 178% to USD 14.38 million.
• Sales mix tilted toward wholesale at 51% of net sales, up from 48% a year earlier; e-commerce slipped to 49%.
• Navitas and Terrasoul acquisitions drove USD 29.4 million of quarterly net sales; management flagged integration and synergy execution as key.

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