Laird Superfood (LSF) Gross Margin (2019 - 2025)
Laird Superfood's (LSF) quarterly Gross Margin came in at 34.05% in Q4 2025, down 456.0% year-on-year from 9.57% in Q4 2024, and down 6.6% on a QoQ basis from 36.46% in Q3 2025.
Laird Superfood (LSF) Gross Margin (2019 - 2025) Analysis & Trends
Laird Superfood (LSF) has 7 years of Gross Margin data on file, last reported at 34.05% in Q4 2025.
- On a quarterly basis, Gross Margin fell 456.0% year-over-year to 34.05% in Q4 2025; TTM through Dec 2025 was 37.91%, a 295.0% decrease from a year earlier, with the FY2025 full-year figure at 37.91%, down 295.0% from the prior year.
- Gross Margin for Q4 2025 stood at 34.05%, down from 36.46% in the prior quarter.
- Over the last five years, Gross Margin for LSF reached as high as 43.0% in Q3 2024 and fell as low as 4.6% in Q4 2022.
- Historically, Gross Margin has averaged 29.7% across 5 years, with a median of 30.23% in 2023.
- Across the five-year window, Gross Margin slumped 2823 bps in 2022 and jumped 4496 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 23.63% in 2021, then tumbled by 119 bps to 4.6% in 2022, then soared by 978 bps to 40.36% in 2023, then decreased by 4 bps to 38.62% in 2024, then slipped by 12 bps to 34.05% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 34.05% in Q4 2025, 36.46% in Q3 2025, and 39.87% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 36.70% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 34.79% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 17.44% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 40.18% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 13.45% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 26.11% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 24.43% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 20.42% |
| 10 | Laird Superfood | 39.79 Mn | 39.08 Mn | 4.55 Mn | 34.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 34.05% |
| Sep 30, 2025 | 36.46% |
| Jun 30, 2025 | 39.87% |
| Mar 31, 2025 | 41.89% |
| Dec 31, 2024 | 38.62% |
| Sep 30, 2024 | 43.00% |
| Jun 30, 2024 | 41.76% |
| Mar 31, 2024 | 40.01% |
| Dec 31, 2023 | 40.36% |
| Sep 30, 2023 | 31.02% |
| Jun 30, 2023 | 24.29% |
| Mar 31, 2023 | 23.10% |
| Dec 31, 2022 | -4.60% |
| Sep 30, 2022 | 23.42% |
| Jun 30, 2022 | 18.19% |
| Mar 31, 2022 | 20.88% |
| Dec 31, 2021 | 23.63% |
| Sep 30, 2021 | 29.44% |
| Jun 30, 2021 | 23.77% |
| Mar 31, 2021 | 24.84% |