Barfresh Reports Q2 Earnings with Revenue Growth but Widening Losses
Barfresh (BRFH) reported second-quarter revenue of $4.7 million, a 190% increase year-over-year driven by the acquisition of Arps Dairy, which contributed $3.2 million in sales. Despite strong top-line growth, the company posted a gross loss of $150,000 with a negative margin of -3.2%, compared to a profit margin of 31.1% in Q2 2025. Operating expenses rose significantly due to increased personnel costs and inefficiencies at Arps Dairy. Barfresh recorded a net loss of $1.9 million, up from $880,000 the previous year, with adjusted EBITDA also worsening to a $1.2 million loss. The company revised its full-year revenue guidance downward to between $23 million and $26 million due to slower-than-expected production ramp-up. Barfresh is focusing on completing a new 44,000-square-foot facility in Defiance, Ohio, which it hopes will improve operational efficiency and reduce reliance on third-party manufacturers. However, rising processing costs, material expenses, and infrastructure challenges continue to pressure margins.
Topics: acquisition financial_performance revenue