Barfresh Food Group, Inc. (BRFH) Earnings Call Transcripts

Barfresh Food Group, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of fiscal 2026, Barfresh Food Group, Inc. (BRFH:US) reported revenue of $5.6 million, exceeding the high end of guidance ($5 million to $5.2 million) and reflecting a 92% year-over-year growth driven by the Arps Dairy acquisition. However, the company reported a net loss of $661,000 and adjusted EBITDA loss of $238,000, indicating challenges in margin recovery due to the lower-margin profile of Arps Dairy's contributions. Management maintained full-year revenue guidance of $28 million to $32 million and adjusted EBITDA of $3.2 million to $3.8 million, signaling confidence in operational improvements and customer base expansion.

Reported metrics

Guidance from management

Management maintained full-year revenue guidance of $28 million to $32 million and adjusted EBITDA guidance of $3.2 million to $3.8 million, indicating confidence in operational improvements and customer base expansion.

What management said

So I can address that. In our 10-Q, we actually have segment reporting in the raw milk and processed milk component is all legacy Arps. There's a small portion in Q1 that's also included in the -- what's called the frozen beverage and food component. It's mostly legacy Barfresh in Q1 at least. A little bit of that is ice cream mix from Arps. So kind of a good way of looking at it. It's not completely split out legacy...

I mean we should be back in the low 40s, I would say. I mean, even with the legacy raw milk and processed milk, which is pretty low margin, you can see also in the segment reporting, we break out the margins that we achieved in Q1. You can see we're running about 5% for that processed milk piece. That's going to be a smaller portion of our revenue, though, going forward as we, kind of, get into the new school year.

What analysts pressed on

Analysts expressed concerns regarding the ongoing processing inefficiencies at the new facility and the impact of lower-margin contributions from the Arps Dairy business on overall profitability. There were questions about the timeline for achieving normalized gross margins and the potential for revenue growth in the education channel.

Main topics on the call

• Revenue Growth — Barfresh delivered revenue of $5.6 million in Q1 2026, which is 'slightly above our expectations' and represents a 92% increase year-over-year. This growth was primarily attributed to the acquisition of Arps Dairy, which...
• Margin Challenges — Gross margin for Q1 2026 was 18%, down from 31% in Q1 2025, impacted by the lower-margin profile of Arps Dairy's business. Management noted that 'transition costs associated with producing in our newly acquired processin...
• Operational Progress — The transition to Barfresh's own manufacturing infrastructure is progressing, with the Arps Dairy facility supporting approximately 50% of frozen beverage and food volume. Management expressed confidence in completing th...
• Customer Acquisition — Barfresh is focused on rebuilding its customer base in the education channel, having secured a '7-year bid with the fifth largest school district in the United States.' This win is expected to enhance their competitive p...

Read the full Barfresh Food Group, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Barfresh Food Group, Inc. earnings call transcripts on record, spanning April 13, 2020 to May 14, 2026. Based on this history, Barfresh Food Group, Inc. reports quarterly. The most recent call on file is dated May 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BRFH

Exchange

NasdaqCM

Country

US

Sector

Consumer Staples

Industry

Food Products

Calls on record

25

First call

April 13, 2020

Most recent

May 14, 2026

Reporting cadence

quarterly