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Once Upon a Farm Reports Second Quarter 2026 Financial Results

Second quarter net sales increased 42% year-over-year to $85 million

Raising 2026 net sales outlook to $327 million to $335 million

Raising 2026 Adjusted EBITDA outlook to $3 million to $4.5 million

BERKELEY, Calif., August 6, 2026 – Once Upon a Farm, PBC (NYSE: OFRM) (or the “Company”), a leading high-growth company driving systemic improvement in childhood nutrition, today announced financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 Financial Highlights Compared to Prior Year Period

• Net sales increased 42.3% to $85.4 million

• Gross margin of 35.9% compared to 40.7%

• Net loss of $5.0 million compared to a net loss of $9.0 million

• Adjusted EBITDA1 loss of $1.7 million compared to Adjusted EBITDA of $2.0 million

“We delivered another quarter of high-quality, volume-led growth, with net sales increasing 42% year over year,” said John Foraker, CEO and co-founder of Once Upon a Farm. “Distribution continues to expand, velocities remain strong across our portfolio, and cooler productivity is increasing as awareness grows, assortments broaden and newer cooler cohorts mature. Our innovation is proving highly incremental to both Once Upon a Farm and the categories in which we compete, bringing new consumers into the brand and increasing engagement among existing households. These results are reflected in strong consumption trends and continued gains in household penetration, repeat and buy rate. Based on our second quarter performance, underlying consumer trends and confidence in our ability to execute, we are raising our full-year outlook for both net sales and Adjusted EBITDA. We believe this combination of expanding household reach, strengthening consumer loyalty and increasing productivity positions Once Upon a Farm to deliver durable growth and meaningful long-term profitability.”

Second Quarter 2026 Results

Net sales increased $25.4 million, or 42.3%, to $85.4 million for the second quarter of 2026, compared to $60.0 million in the prior year period. The increase in net sales was driven by a 40.3% increase in volume growth reflecting incremental distribution of existing products and new product introductions.

Gross profit was $30.6 million, or 35.9% of net sales, for the second quarter of 2026, compared to $24.5 million, or 40.7% of net sales, in the prior year period. The 485 basis point decrease in gross profit as a percentage of net sales was driven by trade spend, including a national program in the club channel, and mix, partially offset by pricing and lower slotting fees related to coolers.

Selling, general and administrative (“SG&A”) expenses were $36.3 million for the second quarter of 2026, compared to $24.4 million for the prior year period. Approximately $3.5 million in SG&A expense was attributable to stock-based compensation, as well as performance payments related to our IPO. SG&A expenses as a percentage of net sales increased by 179 basis points to 42.5% in the second quarter of 2026 compared to 40.7% in the prior year period, reflecting stock-based compensation, as well as performance payments related to our IPO along with higher marketing, labor and employee costs as a percentage of net sales, partially offset by lower logistics costs.

Net loss was $5.0 million for the second quarter of 2026 compared to a net loss of $9.0 million in the prior year period. The decrease in net loss was primarily driven by the elimination of the non-cash change in fair value of a derivative liability compared to the prior year period, higher gross profit and higher interest income, partially offset by higher SG&A expenses.

Adjusted EBITDA1 loss was $1.7 million for the second quarter of 2026 compared to Adjusted EBITDA of $2.0 million in the prior year period. The decrease in Adjusted EBITDA was primarily driven by the higher SG&A expenses.

Balance Sheet

As of June 30, 2026, the Company had cash and cash equivalents of $93.5 million and no debt, compared to $10.9 million of cash and cash equivalents and total debt of $60.2 million as of December 31, 2025. The increase in net cash and decrease in total debt reflect the application of proceeds from the Company’s IPO in February 2026.

Full Year 2026 Outlook

For full year 2026, the Company expects:

• Net sales of $327 million to $335 million, representing growth of 36% to 39% versus 2025

• Adjusted EBITDA of $3 million to $4.5 million

Outlook is based on information as of today, August 6, 2026, and may be impacted by factors outside the Company’s control. See “Forward-Looking Statements” below.

The Company is unable to provide a reconciliation for forward-looking outlook of Adjusted EBITDA to net income (loss), the most closely comparable GAAP measure without unreasonable effort, because certain material reconciling items, such as depreciation and amortization, interest expense, interest income, and

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Once Upon a Farm Reports First Quarter 2026 Financial Results

First quarter net sales increased 44% year-over-year to $73 million

Raising 2026 net sales outlook to $313 million to $323 million

BERKELEY, Calif., May 7, 2026 – Once Upon a Farm, PBC (NYSE: OFRM) (or the “Company”), a leading high-growth company driving systemic improvement in childhood nutrition, today announced financial results for the first quarter ended March 31, 2026.

First Quarter 2026 Financial Highlights Compared to Prior Year Period

• Net sales increased 43.7% to $72.7 million

• Gross margin of 40.8% compared to 37.7%

• Net loss of $15.8 million compared to a net loss of $19.5 million

• Adjusted EBITDA1 loss of $3.1 million compared to a loss of $7.5 million

"Our first quarter results were excellent with momentum building across the business," said John Foraker, CEO and co-founder of Once Upon a Farm. "We delivered 44% year over year net sales growth and more than 300 basis points of gross margin expansion, driven by accelerating velocities, expanding distribution, and increasingly productive assortments. Importantly, we are seeing meaningful productivity gains from our cooler placements, which delivered an approximate 11% increase in dollar productivity versus the prior quarter, demonstrating that our cooler model is driving higher productivity as we scale. Consumption trends remain strong, with continued gains in household penetration and repeat rates driving growth across our portfolio. Based on this momentum, we are raising our full-year net sales outlook and remain highly confident in the durability and efficiency of our growth model. We believe we are building a highly differentiated & purpose-driven brand that is winning with consumers and expanding the category while delivering attractive long-term returns for shareholders.”

First Quarter 2026 Results

Net sales increased $22.1 million, or 43.7%, to $72.7 million for the first quarter of 2026, compared to $50.6 million in the prior year period. The increase in net sales was driven by a 21.5% increase in volume growth reflecting incremental distribution of existing products and new product introductions.

Gross profit was $29.7 million, or 40.8% of net sales, for the first quarter of 2026, compared to $19.1 million, or 37.7% of net sales, in the prior year period. The 308 basis point increase in gross profit as a percentage of net sales was driven by lower slotting fees related to coolers.

Selling, general and administrative (“SG&A”) expenses were $45.8 million for the first quarter of 2026, compared to $28.3 million for the prior year period. Approximately $10.9 million of the $17.5 million increase in SG&A expense was attributable to stock-based compensation and one-time performance payments related to our IPO. SG&A expenses as a percentage of net sales increased by 713 basis points to 63.0% in the first quarter of 2026 compared to 55.9% in the prior year period, reflecting stock-based compensation and one-time performance payments related to our IPO along with higher labor and employee costs as a percentage of net sales, partially offset by lower logistics and selling expenses as a percentage of net sales.

Net loss was $15.8 million for the first quarter of 2026 compared to a net loss of $19.5 million in the prior year period. The decrease in net loss was primarily driven by higher gross profit, partially offset by higher SG&A expenses.

Adjusted EBITDA1 loss was $3.1 million for the first quarter of 2026 compared to a loss of $7.5 million in the prior year period. The decrease in Adjusted EBITDA loss was primarily driven by the increase in gross profit partially offset by higher SG&A expenses.

Balance Sheet

As of March 31, 2026, the Company had cash and cash equivalents of $99.9 million and no debt, compared to $10.9 million of cash and cash equivalents and total debt of $60.2 million as of December 31, 2025. The increase in net cash and decrease in total debt reflect the application of proceeds from the Company’s IPO in February 2026.

Full Year 2026 Outlook

For full year 2026, the Company expects:

• Net sales of $313 million to $323 million, representing growth of 30% to 34% versus 2025

• Adjusted EBITDA of $2 million to $4 million

Outlook is based on information as of today, May 7, 2026, and may be impacted by factors outside the Company’s control. See “Forward-Looking Statements” below.

The Company is unable to provide a reconciliation for forward-looking outlook of Adjusted EBITDA to net income (loss), the most closely comparable GAAP measure without unreasonable effort, because certain material reconciling items, such as depreciation and amortization, interest expense, interest income, and provision for income tax, cannot be estimated due to factors outside of the Company’s control and could have a material impact on the reported results.

1 Adjusted EBITDA is a non-GAAP financial measure. See "Non-G

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Exhibit 99.1

Once Upon a Farm Reports Fourth Quarter and Full Year 2025 Financial Results

Fourth quarter net sales increased 30% year-over-year to $64 million

BERKELEY, Calif., March 12, 2026 – Once Upon a Farm, PBC (NYSE: OFRM) (or the “Company”), a leading high-growth company driving systemic improvement in childhood nutrition, today announced financial results for the fourth quarter and full year ended December 31, 2025.

Fourth Quarter 2025 Financial Highlights Compared to Prior Year Period

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Net sales increased 30.1% to $64.0 million

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Gross margin of 47.7% compared to 46.7%

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Net income of $22.5 million compared to a net loss of $12.3 million

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Adjusted EBITDA1 of $6.6 million compared to $2.2 million

Full Year 2025 Financial Highlights Compared to Prior Year

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Net sales increased 53.5% to $240.7 million

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Gross margin of 42.3% compared to 43.6%

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Net loss of $17.2 million compared to a net loss of $23.8 million

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Adjusted EBITDA1 of $2.1 million compared to a loss of $3.7 million

“We are proud of our strong performance in the fourth quarter, our first report-out as a newly public company,” said John Foraker, CEO and co-founder of Once Upon a Farm. “Our 30% net sales growth, driven by broadened distribution, significant increases in household penetration, and top-tier velocity in the categories where we compete demonstrates the powerful underlying momentum around the brand and the trust consumers place in our mission-driven approach.”

“Our successful Initial Public Offering was a major milestone and strong validation of our mission and the successful business we’ve created over many years. This important moment serves as a launching pad to accelerate growth initiatives and expand our impact in transforming childhood nutrition. Parents today are more committed than ever to providing their children with the highest quality, organic nutrition, and Once Upon a Farm is uniquely positioned to capitalize on this demand to drive sustained growth in 2026 and beyond.”

Fourth Quarter 2025 Results

Net sales increased $14.8 million, or 30.1%, to $64.0 million for the fourth quarter of 2025, compared to $49.2 million in the prior year period. The increase in net sales was driven by relatively balanced volume and price/mix growth reflecting incremental distribution and a higher average selling price per unit.

Gross profit was $30.6 million, or 47.7% of net sales, for the fourth quarter of 2025, compared to $23.0 million, or 46.7% of net sales, in the prior year period. The 105 basis point increase in gross profit as a percentage of net sales was driven by lower trade spend and higher average selling prices.

Selling, general and administrative (“SG&A”) expenses were $26.0 million for the fourth quarter of 2025, compared to $21.6 million for the prior year period. SG&A expenses as a percentage of net sales decreased by 318 basis points to 40.7% in the fourth quarter of 2025 compared to 43.9% for the prior year period, primarily due to lower marketing, logistics, and G&A expenses as a percentage of net sales, partially offset by higher selling expenses.

Net income was $22.5 million for the fourth quarter of 2025 compared to a net loss of $12.3 million in the prior year period. The increase in net income was primarily driven by the non-cash change in fair value of a derivative liability combined with higher gross profit, partially offset by higher SG&A expenses.

Adjusted EBITDA was $6.6 million for the fourth quarter of 2025 compared to $2.2 million in the prior year period. The increase in Adjusted EBITDA was primarily driven by the increase in gross profit partially offset by higher SG&A expenses.

Full Year 2025 Results

Net sales increased $83.9 million, or 53.5%, to $240.7 million for the year ended December 31, 2025, compared to $156.8 million in the prior year. The increase in net sales was primarily due to a 42% increase in volume growth, driven by both incremental distribution of existing products and the introduction of new products into our portfolio. The increase in net sales was also driven by a more favorable product mix primarily due to the introduction of newer products that are sold at a higher average selling price per unit.

Gross profit was $101.9 million, or 42.3% of net sales, for the year ended December 31, 2025, compared to $68.3 million, or 43.6% of net sales, in the prior year. The 125 basis point decrease in gross margin was primarily driven by increased trade spend. The increased trade spending was primarily driven by slotting fees related to expansion into new stores, placement of new coolers in retail customer stores, and dairy category resets in 2025.

SG&A was $107.6 million for the year ended December 31, 2025, compared to $74.7 million for the prior year. SG&A as a percentage of net sales decreased by 291 basis points to 44.7% in the year ended December 31, 2025, compared to 47.6% for the prior year, primarily due