Laird Superfood (LSF) Operating Expenses (2019 - 2025)
Laird Superfood (LSF) reported Operating Expenses of $6.3 million for Q4 2025, up 27.98% year-over-year from $5.0 million in Q4 2024, and up 11.39% quarter-over-quarter from $5.7 million in Q3 2025.
Laird Superfood (LSF) Operating Expenses (2019 - 2025) Analysis & Trends
Laird Superfood (LSF) has 7 years of Operating Expenses data on file, last reported at $6.3 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at $6.3 million, up 27.98% year-over-year; the trailing twelve-month figure through Dec 2025 was $22.3 million (up 12.41% YoY), and the FY2025 annual result was $22.3 million, up 12.41% from the prior year.
- Operating Expenses rose to $6.3 million in Q4 2025 per LSF's latest filing, from $5.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $15.9 million in Q1 2022 and troughed at $3.7 million in Q4 2023.
- A 5-year average of $7.1 million and a median of $5.9 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 121.45% in 2022, then tumbled 75.94% in 2023.
- A 5-year view of Operating Expenses shows it stood at $9.2 million in 2021, then surged by 65.21% to $15.3 million in 2022, then plunged by 75.94% to $3.7 million in 2023, then surged by 35.13% to $5.0 million in 2024, then gained by 27.98% to $6.3 million in 2025.
- Business Quant data shows LSF's Operating Expenses at $6.3 million in Q4 2025, $5.7 million in Q3 2025, and $5.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 1.07 Bn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 837.30 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -1.84 Bn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 318.62 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 456.30 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 368.20 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 180.00 Mn |
| 10 | Laird Superfood | 34.83 Mn | 29.13 Mn | 4.55 Mn | 6.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.35 Mn |
| Sep 30, 2025 | 5.70 Mn |
| Jun 30, 2025 | 5.18 Mn |
| Mar 31, 2025 | 5.10 Mn |
| Dec 31, 2024 | 4.96 Mn |
| Sep 30, 2024 | 5.33 Mn |
| Jun 30, 2024 | 4.52 Mn |
| Mar 31, 2024 | 5.05 Mn |
| Dec 31, 2023 | 3.67 Mn |
| Sep 30, 2023 | 5.63 Mn |
| Jun 30, 2023 | 5.53 Mn |
| Mar 31, 2023 | 6.18 Mn |
| Dec 31, 2022 | 15.25 Mn |
| Sep 30, 2022 | 7.89 Mn |
| Jun 30, 2022 | 6.50 Mn |
| Mar 31, 2022 | 15.90 Mn |
| Dec 31, 2021 | 9.23 Mn |
| Sep 30, 2021 | 8.51 Mn |
| Jun 30, 2021 | 8.46 Mn |
| Mar 31, 2021 | 7.18 Mn |