BRFH Research | Milton Maxwell

BRFH

Barfresh Food Group, Inc.

3.5000

+0.3900+12.5%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '25

Q&A details customer reengagement, expansion

3/30/26Mar 30, 2026

Q&A largely reaffirmed the scripted story of supply fixes via Arps acquisition driving 2026 guidance, but unpacked reengagement with lost school districts—kids love the product, bidding cycles are reopening, and new wins are materializing. Arps' ice cream mix counters Barfresh's winter dip, fueling back-half growth alongside base business and fresh bids. Management signaled aggressive pursuit of foodservice, military, and retail channels, long sidelined by constraints. Current facility works; upgrades hit before 2026 end. 2026 stabilizes for 2027 leap. Supply secured, expansion beckons.

Key Stats

Market Cap

55.89M

P/E (TTM)

Basic EPS (TTM)

-0.18

Dividend Yield

Recent Filings

8-K

Record revenues, bold guidance

3/31/26Mar 31, 2026

Barfresh shattered records with Q4 2025 revenue at $5.4 million, up 94% year-over-year, and full-year $14.2 million, up 33%, fueled by Arps Dairy acquisition—yet gross margins dipped to 3% from transition costs. Post-year-end, it secured $7.5 million convertible note financing to own its 44,000 sq ft facility outright, supporting over $200 million revenue capacity. Growth accelerates. Q1 2026 revenue guides $5.0-$5.2 million; full-year $28-$32 million, Adjusted EBITDA $3.2-$3.8 million.

8-K

Director resigns, no disputes

3/13/26Mar 13, 2026

Barfresh Food Group director Justin Borus resigned on March 10, 2026, effective immediately, after serving since April 29, 2020, on the Compensation Committee. No disagreements prompted the exit. Board shrinks quietly.

8-K

Secures $7.3M notes for facility

3/9/26Mar 9, 2026

Barfresh Food Group secured $7.3 million in senior convertible notes starting March 5, 2026, to pay off its Ohio manufacturing facility mortgage outright and accelerate 44,000 sq ft expansion. This unlocks over $200 million revenue capacity via owned production and contract manufacturing. Notes convert at $2.90/share; company reaffirms FY2026 revenue of $30-35 million and $5 million EBITDA. Facility frees debt service.

8-K

Record $14.2M 2025 revenue

1/29/26Jan 29, 2026

Barfresh Food Group reported record preliminary 2025 revenue of $14.2 million, up 32% year-over-year. It reiterated 2026 revenue guidance of $30-$35 million and issued Adjusted EBITDA guidance of $3.5-$5.0 million. Arps Dairy acquisition boosts manufacturing. Guidance hinges on execution risks.

8-K

Director retiring March 31

1/23/26Jan 23, 2026

Barfresh Food Group director Isabelle Ortiz-Cochet announced her retirement effective March 31, 2026, unrelated to any disagreements. Appointed under the 2016 Investor Rights Agreement with Unibel, her exit prompts Unibel to name a successor with full committee rights. Board continuity holds.

About

Barfresh Food Group, Inc., together with its subsidiaries, manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. The company offers smoothies, shakes, and frappes. It provides ready-to-drink smoothies under the Twist & Go name; a no sugar added version of the bulk format products under the Easy Pour name; juice concentrates under the WHIRLZ name; and ready-to-eat juice pop under the Pop & Go name. The company distributes its products primarily through distributors to school districts and institutional customers. Barfresh Food Group, Inc. was founded in 2009 and is headquartered in Los Angeles, California.

CEO

Mr. Riccardo Delle Coste

IPO

5/14/2012

Website

https://www.barfresh.com

Employees

Sector

Consumer Defensive

Industry

Beverages - Non-Alcoholic