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Recent Updates — OFRM

August 6, 2026View Source ↗

Once Upon a Farm reported second quarter 2026 financial results with net sales increasing 42.3% year-over-year to $85.4 million, driven by a 40.3% increase in volume growth from expanded distribution and new product introductions. The company raised its full-year 2026 net sales outlook to $327 million–$335 million and Adjusted EBITDA outlook to $3 million–$4.5 million, citing strong consumer trends and increasing cooler productivity. Gross margin decreased to 35.9% from 40.7% in the prior year period due to trade spend and mix changes, while net loss narrowed to $5.0 million from $9.0 million previously. The company ended the quarter with $93.5 million in cash and no debt, reflecting proceeds from its February 2026 IPO. Once Upon a Farm operates in the organic children's food industry, offering snacks and meals for babies through older children.