BRFH
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Earnings documents stored for BRFH.
Investor releaseQuarter not tagged2026-05-27Barfresh (BRFH) Q4 2025 Earnings Call Transcript
Motley Fool
Barfresh (BRFH) Q4 2025 Earnings Call Transcript
Image source: The Motley Fool. Thursday, May 14, 2026 at 4:30 p.m. ET Chief Executive Officer — Riccardo Delle Coste Chief Financial Officer — Lisa Roger Riccardo Delle Coste; and Barfresh Food Group's CFO, Lisa Roger. Following prepared remarks, we will open the call for your questions. The discussion today will include forward-looking statements. Except for historical information herein, matters set forth on this call are forward-looking within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements about the company's commercial progress, success of its strategic relationships and projections of future financial performance. These forward-looking statements are identified by the use of words such as grow, expand, anticipate, intend, estimate, believe, expect, plan, should, hypothetical, potential, forecast and project, continue, could, may, predict and will and variations of such words and similar expressions are intended to identify such forward-looking statements. All statements other than the statements of historical fact that address activities, events or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors that the company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond control of the company. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those indicated by such forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of date they are made. The contents of this call should be considered in conjunction with the company's recent filings with the Securities and Exchange Commission, including its annual report on Form 10-K and the quarterly reports on Form 10-Q and current reports on Form 8-K, including any warnings, risk factors and cautionary statements contained therein. Furthermore, the company expressly disclaims any current intention to update publicly any forward-looking statements after this call,...
Investor releaseQuarter not tagged2026-05-18Barfresh: Q1 Revenue Beats Expectations Amid Customer Recovery – Quarterly Update Report
Exec Edge
Barfresh: Q1 Revenue Beats Expectations Amid Customer Recovery – Quarterly Update Report
Download the Complete Report Here Key Takeaways: Top-line beat was driven by stronger-than-expected contribution from Arps Dairy’s milk processing operations, supporting continued revenue scale-up. BRFH’s 1Q26 revenue increased 92% y/y to $5.6 million from $2.9 million in 1Q25, exceeding management’s $5.0-$5.2 million guidance range. The upside was driven by stronger-than-anticipated contribution from Arps Dairy’s raw and processed milk business, which expanded the consolidated revenue base but carries a lower margin profile than BRFH’s core frozen beverage and food products. Profitability reflected the transitional nature of the model shift, with gross margin pressure partly offset by opex discipline and a narrower adjusted EBITDA loss. Gross margin declined to 18% in 1Q26 from 31% in 1Q25, driven by Arps Dairy’s lower-margin milk processing contribution and startup costs associated with producing in the newly acquired processing facility. Adjusted EBITDA improved to a loss of $238,000 from a loss of $506,000 y/y, but came in below prior breakeven expectations because revenue mix was more heavily weighted toward lower-margin milk processing than anticipated and production volumes through the acquired facility were lower than planned. Net loss improved to $661,000 from $761,000 y/y, indicating that revenue scale and cost discipline are beginning to narrow losses, though not yet enough to fully offset integration costs and facility ramp inefficiencies. Arps Dairy remains the central strategic initiative as it gives BRFH production control, improves customer credibility, and creates the manufacturing base needed to support a larger institutional platform. The Arps processing facility supported ~50% of BRFH’s frozen beverage and food volume in 1Q26, while the company continued to use co-manufacturers for some product during the transition. We view this as a staged internalization process rather than a completed transition, with current inefficiencies tied to equipment ramp-up, installation timing, training, and lower-than-planned production volumes through the owned facility. The strategic benefit is that owned production gives BRFH greater control over availability, timing, and execution, reducing reliance on third-party co-manufacturers while strengthening its ability to pursue larger school districts and foodservice accounts that require dependable supply at...
Investor releaseQuarter not tagged2026-05-16Barfresh (BRFH) Q1 2026 Earnings Call Transcript
Motley Fool
Barfresh (BRFH) Q1 2026 Earnings Call Transcript
Image source: The Motley Fool. Aug. 12, 2026 Chief Executive Officer — Riccardo Delle Coste Chief Financial Officer — Lisa Roger Riccardo Delle Coste; and Barfresh Food Group's CFO, Lisa Roger. Following prepared remarks, we will open the call for your questions. The discussion today will include forward-looking statements. Except for historical information herein, matters set forth on this call are forward-looking within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements about the company's commercial progress, success of its strategic relationships and projections of future financial performance. These forward-looking statements are identified by the use of words such as grow, expand, anticipate, intend, estimate, believe, expect, plan, should, hypothetical, potential, forecast and project, continue, could, may, predict and will and variations of such words and similar expressions are intended to identify such forward-looking statements. All statements other than the statements of historical fact that address activities, events or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors that the company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. The contents of this call should be considered in conjunction with the company's recent filings with the Securities and Exchange Commission, including its annual report on Form 10-K and the quarterly reports on Form 10-Q and current reports on Form 8-K, including any warnings, risk factors and cautionary statements contained therein. Furthermore, the company expressly disclaims any current intentions to update publicly any forward-looking statements after this call,...
Investor releaseQuarter not tagged2026-05-15Barfresh Announces First Quarter 2026 Results
GlobeNewswire
Barfresh Announces First Quarter 2026 Results
First Quarter 2026 Revenue Surpasses Outlook, Rising 92% to a Record Quarterly $5.6 million Company Advances Facility Construction Plans at 44,000-Square-Foot Ohio Plant; Commissioning on Track Before Year-End Provides Second Quarter 2026 Revenue Guidance of $5.2 to $5.6 million Representing Over 200% Growth Compared to Prior Year Period Reiterates Full Year 2026 Revenue Guidance to $28 to $32 million and Full Year 2026 Adjusted EBITDA Guidance to $3.2 to $3.8 million LOS ANGELES, May 14, 2026 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today reported financial results for the first quarter March 31, 2026. Management Comments Riccardo Delle Coste, the Company’s Chief Executive Officer, stated, “We are off to a strong start in fiscal 2026. First quarter revenue of $5.6 million came in above our guidance range, driven by stronger-than-anticipated contribution from Arps Dairy’s raw and processed milk business.” “As we advance through fiscal 2026, the operational foundation we are building continues to strengthen. Plans for construction at our 44,000-square-foot Defiance facility are progressing and we remain on track to commission before year-end. With the facility now owned free and clear following our $7.5 million convertible note financing, and the $2.4 million government grant supporting our equipment installation, we have the platform and the capital structure in place to execute and anticipate paying down a portion of those notes via remortgaging the new larger facility in 2026. We are maintaining our fiscal 2026 revenue guidance of $28 to $32 million and Adjusted EBITDA guidance of $3.2 to $3.8 million, and we remain confident that fiscal 2026 will demonstrate the full power of the integrated model we are building.” First Quarter of 2026 Financial Results Revenue for the first quarter of 2026 increased 92% year-over-year to $5.6 million, compared to $2.9 million in the first quarter of 2025. The increase in revenue was driven by the acquisition of Arps Dairy. Gross margin for the first quarter of 2026 was 18%, compared to 31% for the first quarter of 2025. The decrease in gross margin is a result of the Company continuing Arps Dairy’s existing milk processing business, which operates at different margin profiles than the Company’s core busine...
Investor releaseQuarter not tagged2026-05-15Barfresh Food Group Inc (BRFH) Q1 2026 Earnings Call Highlights: Revenue Soars 92% Amid ...
GuruFocus.com
Barfresh Food Group Inc (BRFH) Q1 2026 Earnings Call Highlights: Revenue Soars 92% Amid ...
This article first appeared on GuruFocus. Release Date: May 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Barfresh Food Group Inc (NASDAQ:BRFH) reported a significant year-over-year revenue growth of 92% for Q1 2026, reaching $5.6 million, driven by the ARPS acquisition. The company is making progress in transitioning to its own manufacturing infrastructure, with the AAFT Dairy Processing Facility supporting 50% of its frozen beverage and food volume. Barfresh Food Group Inc (NASDAQ:BRFH) secured a seven-year bid with the fifth-largest school district in the United States, showcasing its ability to win large-scale contracts. The company has a well-structured capital foundation, including a $7.5 million senior convertible note financing and a $2.4 million government grant for specialized equipment. Barfresh Food Group Inc (NASDAQ:BRFH) is on track to achieve positive adjusted EBITDA in fiscal year 2026 as it optimizes its production process and completes facility enhancements. Gross margin for Q1 2026 decreased to 18% from 31% in Q1 2025, impacted by the lower margin profile of the ARPS Dairy's milk processing business. The company reported a net loss of $661,000 for Q1 2026, although this was an improvement from the $761,000 loss in Q1 2025. Startup inefficiencies in the newly acquired processing facility due to lower production volumes than planned affected the adjusted EBITDA, resulting in a loss of approximately $238,000. The ARPS Dairy business is expected to remain flat, with no significant growth anticipated in the near term. Barfresh Food Group Inc (NASDAQ:BRFH) is still experiencing processing inefficiencies related to equipment ramp-up and training, which are expected to continue into the second quarter. Warning! GuruFocus has detected 7 Warning Signs with BRFH. Is BRFH fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the processing inefficiencies at the ARPS Dairy plant and their impact on revenues? A: (CEO, Ricardo Dellacoste) The inefficiencies are mainly due to ramp-up in equipment installations and training. These are typical during transitions and are improving. We expect these issues to be mostly resolved by the second quarter, with significant improvements in throughput and efficiency anticipated once the new facility is operational. Q: What...
TranscriptFY2026 Q12026-05-14FY2026 Q1 earnings call transcript
Earnings source - 50 paragraphs
FY2026 Q1 earnings call transcript
Good afternoon, everyone, and thank you for participating on today's first quarter 2026 earnings conference call and webcast for Barfresh Food Group. Joining us today is Barfresh Food Group's Founder and CEO, Riccardo Delle Coste, and Barfresh Food Group's CFO, Lisa Roger. Following prepared remarks, we will open the call for your questions. The discussion today will include forward-looking statements. Except for historical information herein, matters set forth on this call are forward-looking within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements about the company's commercial progress, success of its strategic relationships, and projections of future financial performance.
These forward-looking statements are identified by the use of words such as grow, expand, anticipate, intend, estimate, believe, expect, plan, should, hypothetical, potential, forecast, and project, continue, could, may, predict, and will, and variations of such words and similar expressions are intended to identify such forward-looking statements. All statements other than the statements of historical fact that address activities, events, or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments, and other factors that the company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of the company.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. The contents of this call should be considered in conjunction with the company's recent filings with the Securities and Exchange Commission, including its annual report on Form 10-K and the quarterly reports on Form 10-Q and current reports on Form 8-K, including any warnings, risk factors, and cautionary statements contained therein. Furthermore, the company expressly disclaims any current intentions to update publicly any forward-looking statements after this call, whether the result of new information, future events, changes in assumptions, or otherwise.
In order to aid in the understanding of the company's business performance, the company is also presenting certain non-GAAP measures, including EBITDA, Adjusted EBITDA, which are reconciled in tables in the business update released to the most comparable GAAP measures. The reconciling items are non-operational or non-cash costs, including stock, compensation, and other non-recurring costs, such as those associated with the acquisition-related expenses. Management believes that EBITDA and Adjusted EBITDA provides useful information to the investor because they are directly reflected of the performance of the company. I will turn the call over to CEO of Barfresh Food Group, Mr. Riccardo Delle Coste. Please go ahead, sir.
Good afternoon, everyone, and thank you for joining us for our first quarter 2026 earnings call. I'm pleased to report that Q1 2026 represents a continuation of the momentum built through 2025. We delivered revenue of $5.6 million, which is slightly above our expectations. The outperformance was driven by stronger than anticipated contribution from Arps Dairy Raw and Processed Milk business. While this additional revenue contributed to our top-line beat, it operates at a lower margin profile than our core Barfresh products, which is why the revenue outperformance did not flow through proportionally to Adjusted EBITDA. Overall, we remain on track with our fiscal 2026 plan, and the strategic work underway gives me confidence in our long-term growth opportunity. Let me provide an update on the operational progress that underpins our outlook. The transition into our own manufacturing infrastructure continues to advance.
The Arps Dairy processing facility is operating and supported approximately 50% of our frozen beverage and food volume in the first quarter of 2026. At our larger 44,000 sq ft facility in Defiance, Ohio, we will continue to procure and install the proper equipment and personnel to enable more efficient and flexible production of our product range. We remain on track to commission the facility before the end of 2026, and the $2.4 million government grant for specialized equipment is supporting that timeline. As discussed on our last call, we closed the $7.5 million senior convertible note financing in March and anticipate paying down a portion of those notes via remortgaging the new facility, the larger facility in 2026.
Turning to our commercial progress during the quarter, the education channel remains our primary area of focus and our greatest near-term opportunity. In the quarter, we continue to make tangible progress rebuilding customer relationships and adding new school district wins. Our broker network and direct sales team have been consistent in communicating our manufacturing progress and the supply reliability we all seek. That message is resonating. Our recent award of the 7-year bid with the 5th largest school district in the U.S. reflects exactly the kind of large-scale relationship we are now positioned to pursue. This win demonstrates that we can compete successfully for the most significant contracts in the country. It is a benchmark for the pipeline of similar opportunities we are building. With that overview of our 1st quarter progress, I'll now turn it over to Lisa to walk us through the numbers.
Thank you, Riccardo. Let me walk you through our first quarter 2026 financial results in detail. Revenue for the first quarter of 2026 was $5.6 million, compared to $2.9 million in the first quarter of 2025, representing a 92% year-over-year growth as a result of the Arps acquisition. As Riccardo noted, this came in above the high end of our guidance range of $5 million-$5.2 million, driven by stronger contribution from Arps Dairy's raw and processed milk business. Gross margin for the first quarter of 2026 was 18%, compared to 31% in the first quarter of 2025. Gross margins continue to reflect the ongoing contribution of Arps Dairy's milk processing business, which operates at different margin profiles than our core Barfresh products and remains subject to commodity pricing fluctuations.
Additionally, transition costs associated with producing in our newly acquired processing facility have impacted our margins. These are anticipated dynamics as we ramp toward our optimized operating model. We continue to expect incremental margin recovery throughout the year and into 2027, with a more significant improvement as new equipment is installed at the existing facility and construction is completed at the new facility. Net loss for the first quarter of 2026 was $661,000, compared to a net loss of $761,000 in the first quarter of 2025. Selling, marketing, and distribution expenses were $697,000, compared to $824,000 in the first quarter of 2025. The year-over-year decrease reflects lower personnel costs as we increasingly leverage our broker network.
Additional reductions are a result of reduced sampling expense following the launch of Pop & Go Freeze Pops last year and lower equipment maintenance costs as single-serve products, which require no customer equipment, represent a greater share of the portfolio mix in the education channel. G&A expenses for the first quarter of 2026 were $755,000, compared to $747,000 in the same period last year. Adjusted EBITDA for the first quarter was a loss of approximately $238,000, compared to a loss of approximately $506,000 in the prior year period. The Adjusted EBITDA result compared to our breakeven guidance reflects two primary factors. First, the revenue mix was weighted more heavily toward the lower-margin milk processing business than we had anticipated in our guidance model.
Second, we experienced startup inefficiencies in our newly acquired processing facility due to lower production volumes than planned. These inefficiencies are typical of facility transitions and are already improving as we optimize our production process and build volume. We continue to expect to achieve positive Adjusted EBITDA in fiscal year 2026 as we realize the full benefits of our integrated manufacturing model and complete our facility optimization. Turning to our balance sheet, as of March 31, 2026, we had approximately $4.1 million of cash and accounts receivable and approximately $1.8 million of inventory on our balance sheet. In March 2026, we secured a $7.5 million senior convertible note financing.
Combined with the $2.4 million government grant approved for specialized equipment installation, we have a well-structured capital foundation to support the completion of our facility build-out and our operational growth through 2026. We will continue to evaluate additional financing options, including mortgage and equipment financing against our unencumbered facility as necessary to support our growth objectives and potential paydown of the convertible note. The financial flexibility we have built into our capital structure allows us to preserve cash for operational needs during the construction phase. Now, I will turn the call back to Riccardo for closing remarks.
Thank you, Lisa. As I reflect on the first quarter, I'm energized by the progress we are making on every front: manufacturing, customer relationships, and the commercial momentum that is building as we recover lost ground and pursue new opportunities. We said on our Q4 call that 2026 would be a pivotal year, and I believe that more strongly now than ever. The integrated manufacturing model we are building is not just an operational upgrade, it is the foundation of a fundamentally different company, one that can fulfill demand reliably and can pursue growth aggressively. We are now able to have conversations with the large school districts, food service operators, and other potential channel partners with a level of confidence we simply could not offer when we were dependent on third-party manufacturers. Looking ahead for the remainder of fiscal 2026, our priorities are clear.
First, we are executing on the completion and commissioning of our new facility. Second, we are aggressively rebuilding our customer base in the education channel. Third, as our capacity expands, we are beginning to look beyond the education channel. Food service, convenience, and other channels represent substantial growth and long-term opportunities. Fourth, the co-manufacturing revenue opportunity from our expanded facility is a genuinely exciting prospect. We remain confident in our full-year fiscal 2026 guidance of $28 million-$32 million in revenue and $3.2 million-$3.8 million in Adjusted EBITDA. The first quarter performance is tracking in line with our plan, and we expect year-over-year quarterly improvement in both revenue and profitability as we progress through the year and complete our facility enhancements.
For the second quarter, we expect revenue of $5.2 million-$5.6 million and expect an Adjusted EBITDA loss of -$0.3 million to -$0.2 million. We are in the midst of changing our business and our business model, we could not accomplish it without the effort and dedication of our growing team. A shout-out to them all. We look forward to updating you on our progress when we report second quarter results. With that, I would like to open up the line for questions. Operator?
Thank you. We will now be conducting a question-and-answer session. If you would like to ask a question, please press star one on your telephone keypad. A confirmation tone will indicate your line is in the question queue. You may press star two to remove yourself from the queue. For participants using speaker equipment, it may be necessary to pick up the handset before pressing the star keys. We will pause for a moment to allow for polling. Our first question, we'll hear from Anthony Vendetti with Maxim Group.
Thank you. Yes. I just wanted to first focus on Arps Dairy and then the general Barfresh business. First, you mentioned that I guess at the new plant, I guess it's the Arps Dairy plant, there's still some processing inefficiencies. Have all of those been worked out? What % of revenues right now is Arps Dairy to the overall corporate revenues?
The inefficiencies are really related to ramp up and equipment and installations and training and that's part of the transition as we're waiting for equipment and things to arrive. Some things have longer lead times. It takes a little bit longer to get projects completed. The Q1 also represented product that we were still utilizing from our co-man as well. We had less production actually going through the facility, and that's continuing to increase. In terms of expecting it to continue, a little bit we do, but that's just part of the process, but it is continuing to improve, right? As we get through second quarter, that should mostly be behind us. We're seeing it in a couple of step functions.
We're going through a step function right now of some more significant improvements in throughput and efficiency in the plant. Obviously, once we get to the new facility, there'll be a very significant step change in the new facility from a throughput efficiency, profitability perspective as well.
Okay. In terms of revenue from that plant, has it been completely converted over, or was there some legacy revenue from Arps Dairy?
I can address that. You know, in our 10-Q, we actually have segment reporting in the raw milk and processed milk component is all legacy Arps. There's a small portion in Q1 that's also included in the, what's called the frozen beverage and food, you know, component. It's mostly legacy Barfresh in Q1 at least. A little bit of that is ice cream mix from Arps. Kind of a good way of looking at it. It's not completely, you know, split out, you know, legacy versus new, but should give you a pretty good indicator.
Okay. Lisa, maybe just in terms of what you expect the blended margin to be once all the inefficiencies are worked out, all the new equipment's in, the training's done, what would be a normalized gross margin approximate or a range?
I mean, we should be back in the low 40s, I would say. I mean, you know, even with the legacy, raw milk and processed milk, which is, you know, pretty low margin. You can see also in the segment reporting, we break out the margins that we achieved in Q1. You can see we're running about 5% for that processed milk piece. That's gonna be a smaller portion of our revenue, though, going forward as we, you know, kind of get into the new school year.
Okay. You said low forties?
Yeah.
At a normalized rate. Okay. You expect to hit that more towards the second half of the year, third quarter, fourth quarter timeframe?
Yeah. As the new school year starts, you'll start to see some of that creeping through because we'll have, you know, those new products coming as well as, you know, the volume for them and the efficiencies of the new equipment and processes and things like that, even ahead of getting into the new facility, more at the end of the year.
Okay. Then maybe just if you could talk about the new schools, that you've signed up, any new contracts, and what that pipeline looks like for new schools in the, you know, the September or, you know, I know some schools start in August. The August, September school year.
Yeah. Well, we're still going through. It's still bid season. We are still receiving bids for the upcoming school season. We've received quite a few. We are expecting obviously, you know, our strongest ever back half of the year, even for the Barfresh products. We are going back to customers that we've lost. We are gaining customers back. Overall, it's very positive in terms of the growth of the core business, especially for the new school year.
Okay, great. I'll hop back in the queue. Thanks for the call. Appreciate it.
As a reminder to everyone, if you would like to ask a question, please press star one at this time, and we'll pause for a moment. Next, we'll hear from William Gregozeski with Green Ridge Global.
Hi, guys. On the new school year coming up, should we expect kind of a step increase in revenue between the new customers you're bringing on and the lost customers you're bringing back now that you'll have the capacity to service all that?
I mean, that's what we're expecting.
Okay.
So we are-
On the Arps-
We're actively working-
Sorry.
Sorry. We're actively working on going back out to those customers that had dropped off from lack of supply.
Okay. On the Arps Dairy business, do you expect to see much growth in that, or is that just going to be pretty flat as you go forward?
Not particularly. We expect that to be pretty flat.
Okay. Did you say in the opening that you guys are looking at doing co-manufacturing for others?
That it's just a possibility that may be open to us once the facility is up and running.
Okay. I mean,
What, what-
I'm assuming like a next year kind of thing.
Oh, yeah. This year is our transition year. You know, this year we're really focused on just solidifying production, getting back into our core products, making sure our customers are serviced, and we're out there going and acquiring our own customers and business. That was more just with regards to we're completing the construction of the new facility. We're going to have so many different options available to us, and as we look at what the business looks like in the future, we're gonna have just a lot of other opportunities that are gonna be presented to us. Our core focus is really on growing our brands, and expanding our business.
Especially in a time like today when there's so much consumer uncertainty, I feel like we really stand out because, you know, we're feeding kids around the country, you know. It's not discretionary spending. It's funded by the government. We really wanna hone in and focus on our, on our core customers.
Okay. All right. Thank you.
A reminder, if you would like to ask a question, please press star 1 on your telephone keypad. We'll pause for a moment. There are no further questions at this time. This does conclude today's teleconference. We thank you for your participation. You may disconnect your lines at this time.
Investor releaseQuarter not tagged2026-05-13Earnings To Watch: Barfresh Food Group Inc (BRFH) Reports Q1 2026 Result
GuruFocus.com
Earnings To Watch: Barfresh Food Group Inc (BRFH) Reports Q1 2026 Result
This article first appeared on GuruFocus. Barfresh Food Group Inc (NASDAQ:BRFH) is set to release its Q1 2026 earnings on May 14, 2026. The consensus estimate for Q1 2026 revenue is $5.08 million, and the earnings are expected to come in at -$0.09 per share. The full year 2026's revenue is expected to be $29.98 million, and the earnings are expected to be -$0.11 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 7 Warning Signs with BRFH. Is BRFH fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for Barfresh Food Group Inc (NASDAQ:BRFH) have increased from $29.11 million to $29.98 million for the full year 2026 and remained flat at $35 million for 2027 over the past 90 days. Earnings estimates for Barfresh Food Group Inc (NASDAQ:BRFH) have declined from -$0.07 per share to -$0.11 per share for the full year 2026 and remained flat at -$0.02 per share for 2027 over the past 90 days. In the previous quarter of 2025-12-31, Barfresh Food Group Inc's (NASDAQ:BRFH) actual revenue was $5.42 million, which met analysts' revenue expectations. Barfresh Food Group Inc's (NASDAQ:BRFH) actual earnings were -$0.04 per share, which beat analysts' earnings expectations of -$0.08 per share by 50%. After releasing the results, Barfresh Food Group Inc (NASDAQ:BRFH) was up by 1.42% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for Barfresh Food Group Inc (NASDAQ:BRFH) is $5.25 with a high estimate of $6.00 and a low estimate of $4.50. The average target implies an upside of 118.75% from the current price of $2.40. Based on GuruFocus estimates, the estimated GF Value for Barfresh Food Group Inc (NASDAQ:BRFH) in one year is $3.65, suggesting an upside of 52.08% from the current price of $2.40. Based on the consensus recommendation from 2 brokerage firms, Barfresh Food Group Inc's (NASDAQ:BRFH) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.
Investor releaseQuarter not tagged2026-04-30Barfresh to Announce First Quarter 2026 Results on May 14, 2026
GlobeNewswire
Barfresh to Announce First Quarter 2026 Results on May 14, 2026
LOS ANGELES, April 30, 2026 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced that it will announce first quarter results on Thursday, May 14, 2026 at 1:30 pm Pacific Time (4:30 pm Eastern Time). Listeners can dial (877) 407-4018 in North America, and international listeners can dial (201) 689-8471. A telephonic playback will be available approximately two hours after the call concludes and will be available through Thursday, May 28, 2026. Listeners in North America can dial (844) 512-2921, and international listeners can dial (412) 317-6671. Passcode is 13760133. Interested parties may also listen to a simultaneous webcast of the conference call by logging onto the company's website at www.barfresh.com in the Investors-Presentations section. A replay of the webcast will also be available for approximately 30 days following the call. About Barfresh Food Group Barfresh Food Group Inc. (Nasdaq: BRFH) is a developer, manufacturer and distributor of ready-to-blend and ready-to-drink beverages, including smoothies, shakes and frappes, primarily for the education market, foodservice industry and restaurant chains, delivered as fully prepared individual portions or single serving and bulk formats for on-site preparation. For more information, please visit www.barfresh.com. Investor Relations John Mills ICR 646-277-1254 [email protected] Deirdre Thomson ICR 646-277-1283 [email protected]
Investor releaseQuarter not tagged2026-04-03Barfresh Targets Breakout Year as In-House Manufacturing Drives Expansion – Quarterly Update Report
Exec Edge
Barfresh Targets Breakout Year as In-House Manufacturing Drives Expansion – Quarterly Update Report
Download the Complete Report Here By Karen Roman Barfresh Food Group, Inc (Nasdaq: BRFH) is entering a new growth phase with the acquisition of Arps Dairy shifting around 90% of production in-house, driving a near doubling of fourth quarter revenue and positioning the company to scale against previously unmet demand. Consistent execution could prompt a re-rating as investors begin to price in Barfresh’s transition to a capacity-driven, scalable platform. Check out the link below for the full report with detailed insights, industry trends, and what goes into Exec Edge Research’s valuation analysis. Download the Complete Report Here Read Exec Edge’s Initiation on Barfresh Food Group Here Subscribe to our Weekly Newsletter to Receive All Research Contact: Executives-Edge.com [email protected]
Investor releaseQuarter not tagged2026-04-01Barfresh Announces Fourth Quarter and Full Year 2025 Results
GlobeNewswire
Barfresh Announces Fourth Quarter and Full Year 2025 Results
Sets Revenue Records in Fourth Quarter and Full Year 2025, with Revenue of $5.4 million and $14.2 million, Respectively Provides First Quarter 2026 Revenue Guidance of $5.0 to $5.2 million Representing Up to 77% Growth Compared to Prior Year Period Driven by Arps Acquisition Updates Full Year 2026 Revenue Guidance to $28 to $32 million and Full Year 2026 Adjusted EBITDA Guidance to $3.2-$3.8 million Recently Secured $7.5 million in Strategic Financing to Accelerate Manufacturing Expansion; Facility Framework Supports Over $200 million in Future Revenue Capacity LOS ANGELES, March 31, 2026 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today reported financial results for the fourth quarter and fiscal year ended December 31, 2025. Management Comments Riccardo Delle Coste, the Company’s Chief Executive Officer, stated, “Fiscal 2025 was a transformational year for Barfresh by every measure. We delivered record annual revenue of $14.2 million, representing 33% year-over-year growth, including contribution from our Arps Dairy acquisition. With approximately 90% of our revenue mix now manufactured in our own facility, we are fulfilling orders that simply weren’t possible before the acquisition, and that’s exactly what the investment was designed to do. As we complete the transition to our new facility, now expected before year-end, and bring upgraded equipment fully online, we see a clear path to meaningful margin improvement in fiscal 2026.” "As we advance our fiscal 2026 initiatives, we are making thoughtful progress on the integration and optimization of our 44,000-square-foot facility. We are building the right foundation for long-term success and this deliberate approach positions us for sustainable growth. The $7.5 million convertible note financing we secured subsequent to year-end enables us to own our manufacturing facility outright and complete this platform, which is capable of supporting over $200 million in annual revenue capacity. Given the updated facility timeline, we are adjusting our fiscal 2026 revenue and Adjusted EBITDA guidance to reflect a more conservative ramp-up schedule. However, we remain confident in the substantial year-over-year growth we will deliver based on our now combined businesses and the transformational nature of th...
Investor releaseQuarter not tagged2026-04-01Barfresh Food Group, Inc. Q4 2025 Earnings Call Summary
Moby
Barfresh Food Group, Inc. Q4 2025 Earnings Call Summary
The acquisition of Arps Dairy marks a fundamental shift from a third-party co-manufacturing model to an owned-facility strategy, bringing 90% of production in-house. Management attributed historical growth limitations and lost customer relationships to chronic supply constraints inherent in the previous third-party model. Strategic focus in Q4 was divided between protecting the base business and transparently re-engaging school districts that had previously removed products due to supply shortfalls. The acquisition provides immediate supply chain control through a 15,000 sq. ft. processing plant while preparing a 44,000 sq. ft. state-of-the-art facility for future scale. A 7-year contract with the fifth-largest U.S. school district (Nevada) serves as a validation of the company's improved reliability and competitive standing in the K-12 channel. Current market penetration in the education sector is approximately 5%, which management views as a massive runway for growth now that capacity is no longer a bottleneck. Management adjusted FY2026 revenue guidance to $28M-$32M, reflecting a more conservative ramp-up schedule due to extended equipment installation timelines. The company expects to achieve positive adjusted EBITDA in FY2026 as it realizes the full benefits of the integrated manufacturing model and facility optimization. Full commissioning of the larger Defiance facility is now targeted for Q4 2026, which is expected to unlock over $200 million in total annual revenue capacity. Q1 2026 revenue is projected between $5.0M and $5.2M, with an expectation to reach adjusted EBITDA breakeven during the period. Future growth strategy involves moving from 'protection mode' into 'aggressive sales mode,' targeting new channels including retail, petrol, and convenience. A $7.5 million senior convertible note financing was secured in March 2026 to pay off the manufacturing facility mortgage, allowing the company to own the plant free and clear. Gross margins were temporarily compressed to 3% in Q4 2025 due to startup costs associated with transitioning production and the lower-margin profile of the acquired milk processing business. The company was approved for a $2.4 million government grant specifically earmarked for the installation of specialized full-scale production equipment. The Arps Dairy acquisition introduces counter-seasonal revenue streams, such as ice...
Investor releaseQuarter not tagged2026-04-01Barfresh Food Group Inc (BRFH) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic ...
GuruFocus.com
Barfresh Food Group Inc (BRFH) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic ...
This article first appeared on GuruFocus. Release Date: March 31, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Barfresh Food Group Inc (NASDAQ:BRFH) achieved record revenue of $14.2 million for the full year of 2025, marking a 33% year-over-year growth. The acquisition of Arps Dairy has provided Barfresh Food Group Inc (NASDAQ:BRFH) with its own manufacturing capabilities, enhancing supply chain control and operational efficiency. The company secured a $7.5 million senior convertible note financing, allowing it to pay off the existing mortgage on its manufacturing facility and accelerate construction completion. Barfresh Food Group Inc (NASDAQ:BRFH) successfully secured a seven-year bid award with the largest school district in Nevada, representing a significant win in the K-12 education channel. The company expects to achieve positive adjusted EBITDA in fiscal year 2026 as it realizes the benefits of its integrated manufacturing model and completes facility optimization. Gross margin for the fourth quarter of 2025 decreased to 3% from 26% in the same period of 2024, impacted by startup and implementation costs. Adjusted EBITDA for the fourth quarter was a loss of approximately $1.1 million, compared to a loss of approximately $563,000 in the prior year period. The timeline for the completion of the new facility has been extended to the fourth quarter of 2026, delaying the realization of full operational efficiencies. The company remains at only approximately 5% market penetration in the education channel, indicating a need for further expansion. Barfresh Food Group Inc (NASDAQ:BRFH) experienced supply constraints earlier in the year, impacting its ability to maintain relationships with some customers. Warning! GuruFocus has detected 6 Warning Signs with BRFH. Is BRFH fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide more details on how Barfresh is re-engaging with school districts that were lost due to past supply chain disruptions? A: Ricardo Della Costa, CEO: We are actively communicating with customers who previously removed our products due to supply issues. We are re-entering the bidding process and re-establishing distribution in various markets. Our focus is on maintaining strong relationships and ensuring product availability as we regain market presence. Q:...