Once Upon a Farm PBC

Q2 FY2026 EarningsQ2 FY26 results significantly exceeded consensus expectations, with revenue of $85.4M surpassing the $77.3M estimate (+10.4% variance) and a GAAP EPS loss of $0.12 beating the -$0.16 mean estimate. The top-line performance was driven by a 42.3% YoY sales increase, led by robust volume growth in the Baby category (+73.2% YoY). Despite gross margin pressure from trade spend (35.9% actual vs. 32.8% expected), the company raised its full-year FY26 net sales guidance to $327M-$335M and Adjusted EBITDA to $3M-$4.5M, signaling a confident growth trajectory post-IPO.