BRFH · Barfresh Food Group Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.63M | - | $4.23M | $1.63M | $2.93M | - | $3.64M | $1.46M | $2.83M | - |
| Cost of Revenue | $4.60M | - | $2.68M | $1.12M | $2.03M | - | $2.38M | $955.0K | $1.66M | - |
| Gross Profit | $1.03M | - | $1.55M | $506.0K | $900.0K | - | $1.26M | $509.0K | $1.17M | - |
| R&D | $24.0K | - | $33.0K | $31.0K | $18.0K | - | $52.0K | $17.0K | $30.0K | - |
| SG&A | $755.0K | - | $844.0K | $673.0K | $747.0K | - | $705.0K | $871.0K | $858.0K | - |
| Total Operating Expenses | $1.47M | - | $1.81M | $1.37M | $1.64M | - | $1.76M | $1.52M | $1.62M | - |
| D&A | $72.0K | - | $27.0K | $67.0K | $74.0K | - | $65.0K | $66.0K | $74.0K | - |
| Operating Income | ($436.0K) | - | ($260.0K) | ($1.00M) | ($446.0K) | - | ($475.0K) | - | - | - |
| Interest Expense | $23.0K | - | $30.0K | $12.0K | $3.0K | - | $1.0K | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($661.0K) | - | ($290.0K) | ($880.0K) | ($761.0K) | - | ($513.0K) | ($1.01M) | ($449.0K) | - |
| EPS - Basic | ($0.04) | - | ($0.02) | ($0.06) | ($0.05) | - | ($0.03) | ($0.07) | ($0.03) | - |
| EPS - Diluted | ($0.04) | - | ($0.02) | ($0.06) | ($0.05) | - | ($0.03) | ($0.07) | ($0.03) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.82M | $325.0K | $1.89M | $712.0K | $1.87M | $235.0K | $401.0K | $383.0K | $1.17M | $1.89M |
| Accounts Receivable | $2.28M | $1.96M | $2.49M | $551.0K | $1.50M | $829.0K | $1.66M | $671.0K | $821.0K | $821.0K |
| Inventory | $1.80M | $1.67M | $1.07M | $1.84M | $1.13M | $1.50M | $770.0K | $1.53M | $1.28M | $1.21M |
| Accounts Payable | $1.70M | $3.09M | $1.73M | $900.0K | $1.42M | $1.20M | $1.22M | $843.0K | $1.33M | $1.67M |
| Current Assets | $6.17M | $4.23M | $5.67M | $3.25M | $4.80M | $2.72M | $3.09M | $2.73M | $4.07M | $4.15M |
| Total Assets | $14.83M | $12.83M | $6.79M | $3.77M | $5.34M | $3.32M | $3.77M | $3.33M | $4.75M | $4.81M |
| Current Liabilities | $5.76M | $11.03M | $4.54M | $1.65M | $2.45M | $2.62M | $2.22M | $1.54M | $2.09M | $2.31M |
| Long-term Debt | $483.0K | $470.0K | $330.0K | $69.0K | $97.0K | $124.0K | $151.0K | - | - | - |
| Total Liabilities | $13.16M | $11.50M | $4.87M | $1.72M | $2.55M | $2.74M | $2.37M | $1.66M | $2.21M | $2.31M |
| Stockholders' Equity | $1.68M | $1.33M | $1.92M | $2.05M | $2.79M | $578.0K | $1.40M | $1.68M | $2.54M | $2.50M |
| Retained Earnings | ($66.98M) | ($66.31M) | ($65.55M) | ($65.26M) | ($64.38M) | ($63.62M) | ($62.77M) | ($62.26M) | ($61.24M) | ($60.80M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.38M) | - | - | - | ($506.0K) | - | - | - | ($769.0K) | - |
| Investing Cash Flow | ($646.0K) | - | - | - | ($28.0K) | - | - | - | - | - |
| Financing Cash Flow | $4.53M | - | - | - | $2.17M | - | - | - | $45.0K | - |
| CapEx | $646.0K | - | - | - | $28.0K | - | - | - | - | - |
| Free Cash Flow | ($3.03M) | - | - | - | ($534.0K) | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 18.3% | - | 36.7% | 31.1% | 30.7% | - | 34.6% | 34.8% | 41.4% | - |
| Operating margin | -7.7% | - | -6.1% | -61.8% | -15.2% | - | -13.1% | - | - | - |
| EBITDA margin | -6.5% | - | -5.5% | -57.7% | -12.7% | - | -11.3% | - | - | - |
| Net margin | -11.7% | - | -6.9% | -54.2% | -26.0% | - | -14.1% | -69.1% | -15.9% | - |
| Free cash flow margin | -53.8% | - | - | - | -18.2% | - | - | - | - | - |
| FCF / Net income | 4.58 | - | - | - | 0.70 | - | - | - | - | - |
| R&D / Revenue | 0.4% | - | 0.8% | 1.9% | 0.6% | - | 1.4% | 1.2% | 1.1% | - |
| SG&A / Revenue | 13.4% | - | 19.9% | 41.4% | 25.5% | - | 19.4% | 59.5% | 30.3% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -4.5% | - | -4.3% | -23.4% | -14.3% | - | -13.6% | -30.4% | -9.5% | - |
| Return on equity | -39.4% | - | -15.1% | -43.0% | -27.3% | - | -36.6% | -60.3% | -17.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.07 | 0.38 | 1.25 | 1.97 | 1.96 | 1.04 | 1.39 | 1.77 | 1.95 | 1.80 |
| Quick ratio | 0.76 | 0.23 | 1.01 | 0.85 | 1.50 | 0.47 | 1.05 | 0.77 | 1.33 | 1.27 |
| Cash ratio | 0.32 | 0.03 | 0.42 | 0.43 | 0.76 | 0.09 | 0.18 | 0.25 | 0.56 | 0.82 |
| Leverage | ||||||||||
| Debt / Equity | 0.29 | 0.35 | 0.17 | 0.03 | 0.03 | 0.21 | 0.11 | - | - | - |
| Debt / Assets | 0.03 | 0.04 | 0.05 | 0.02 | 0.02 | 0.04 | 0.04 | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -19.0x | - | -8.7x | -83.8x | -148.7x | - | -475.0x | - | - | - |
| Equity multiplier | 8.84 | 9.65 | 3.54 | 1.84 | 1.91 | 5.74 | 2.69 | 1.99 | 1.87 | 1.92 |
| Liabilities / Assets | 0.89 | 0.90 | 0.72 | 0.46 | 0.48 | 0.83 | 0.63 | 0.50 | 0.47 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.38 | - | 0.62 | 0.43 | 0.55 | - | 0.96 | 0.44 | 0.60 | - |
| Inventory turnover | 2.55 | - | 2.49 | 0.61 | 1.80 | - | 3.09 | 0.62 | 1.29 | - |
| Days sales outstanding | 148d | - | 215d | 124d | 187d | - | 167d | 167d | 106d | - |
| Days inventory outstanding | 143d | - | 146d | 601d | 203d | - | 118d | 586d | 282d | - |
| Days payable outstanding | 135d | - | 236d | 294d | 256d | - | 187d | 322d | 292d | - |
| Cash conversion cycle | 156d | - | 125d | 431d | 134d | - | 98d | 431d | 96d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 26.9x | - | 28.9x | 26.2x | 16.8x | - | 30.6x | 32.1x | 6.9x | - |
| P / S | 8.0x | - | 13.1x | 33.0x | 16.0x | - | 11.8x | 36.8x | 6.2x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 92.2% | - | 16.3% | 11.0% | 3.6% | - | 39.7% | -3.1% | 35.3% | - |
| Revenue CAGR (3y) | 39.1% | - | 20.7% | -16.6% | 5.1% | - | 23.5% | 4.0% | 40.7% | - |
| Revenue CAGR (5y) | 40.9% | - | 43.0% | 26.3% | 31.9% | - | 18.4% | 1.1% | 27.7% | - |
| Gross profit growth (YoY) | 14.8% | - | 23.2% | -0.6% | -23.1% | - | 38.0% | 7.4% | 36.8% | - |
| Operating income growth (YoY) | 2.2% | - | 45.3% | - | - | - | - | - | - | - |
| Net income growth (YoY) | 13.1% | - | 43.5% | 13.0% | -69.5% | - | -7.8% | -36.3% | 50.7% | - |
| EPS growth (YoY) | 20.0% | - | 33.3% | 14.3% | -66.7% | - | 85.7% | -16.7% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -467.0% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -39.8% | 130.1% | 36.9% | 22.1% | 10.0% | -76.9% | 8.5% | 14.6% | 37.5% | -0.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$14.21M totalFood And Beverage$11.46M · 80.7%
Raw And Processed Milk$2.75M · 19.3%
Peer comparison
Same SIC group: Canned, Frozen & Preservd Fruit, Veg & Food Specialties
Comparing BARFRESH FOOD GROUP INC. against the 5 most active filers in the same SIC group.