BRFH Nasdaq Canned, Frozen & Preservd Fruit, Veg & Food Specialties Financials FY2016βFY2025
Barfresh Food Group Inc. had $14.2M of revenue in fiscal 2025, up 32.6% on the year before. Over five years, revenue changed +40.8% a year on average.
Last close Β· Oct 23, 2026
$0.61
4.6%Hi! I read Barfresh Food Group Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+32.6%
Yes. Sales grew 32.6% last year.
Does it make a profit?
β19.0%
No. It lost money last year.
Does profit turn into cash?
β12.6%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Barfresh Food Group Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
November 5, 2026
Thursday Β· in 10 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 14, 2026 | Q2 '26 | After the market closes | 8-K β |
| May 14, 2026 | Q1 '26 | After the market closes | 8-K β |
| Jan 29, 2026 | Q4 '25 | Before the market opens | 8-K β |
| Nov 6, 2025 | Q3 '25 | After the market closes | 8-K β |
| Aug 13, 2025 | Q2 '25 | After the market closes | 8-K β |
| May 1, 2025 | Q1 '25 | After the market closes | 8-K β |
| Mar 27, 2025 | Q4 '24 | After the market closes | 8-K β |
| Oct 24, 2024 | Q3 '24 | After the market closes | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Barfresh Food Group Inc. had $14.2M of revenue in fiscal 2025, up 32.6% on the year before. Over five years, revenue changed +40.8% a year on average. Its operating margin was β24.2%, up 1.7Β pts: of every 100 in sales, about β24 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Barfresh Food Group Inc. lost $2.7M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$1.8M in fiscal 2025, β12.6% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Barfresh Food Group Inc. owes $3.5M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Barfresh Food Group Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $5.5M | $2.8M | $1.9M | $0.2M | $0.3M |
| Debt incl. finance leases | β | β | β | $0.2M | $3.8M |
| Debt / equity | β | β | β | 0.4x | 2.9x |
| Interest coverage | β16.4x | β | β352.0x | β53.3x | β15.8x |
| Current ratio | 5.1x | 1.7x | 1.8x | 1.0x | 0.4x |
| Quick ratio | 4.7x | 1.3x | 1.3x | 0.5x | 0.2x |
| Total assets | $9.7M | $5.5M | $4.8M | $3.3M | $12.8M |
| Total liabilities | $1.5M | $2.6M | $2.3M | $2.7M | $11.5M |
| Shareholders' equity | $8.5M | $2.9M | $2.5M | $0.6M | $1.3M |
| Net debt (β = net cash) | β | β | β | β$0.0M | $3.5M |
KIRA Β· Its return on capital was β56.5%: every 100 invested in the business earned about β56 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Barfresh Food Group Inc. passes 2 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 3 / 9 | 4 / 9 | 5 / 9 | 4 / 9 | 4 / 8 | 2 / 8 | 4 / 8 | 2 / 8 | 2 / 9 |
| Accruals ratio | β18.3% | β18.3% | β57.1% | β41.1% | β16.1% | 7.7% | β45.8% | 2.2% | β14.7% | β12.7% |
| Altman Z'' | 4.88 | β25.74 | β29.76 | β36.28 | β31.34 | β8.99 | β38.58 | β41.48 | β67.69 | β22.00 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.5M | $2.0M | $4.2M | $4.3M | $2.6M | $6.7M | $9.2M | $8.1M | $10.7M | $14.2M |
| Gross profit | $0.7M | $0.9M | $2.1M | $2.3M | $0.8M | $2.5M | $1.4M | $2.9M | $3.7M | $3.1M |
| Research and development | $0.4M | $0.6M | $0.7M | $0.5M | $0.5M | $0.2M | $0.4M | $0.1M | $0.1M | $0.1M |
| Operating income | β$9.9M | β$8.9M | β$6.2M | β$5.2M | β$4.2M | β$2.1M | β$6.2M | β$2.8M | β$2.8M | β$3.4M |
| Interest expense | $0.3M | β | $0.8M | $1.2M | $0.5M | $0.1M | β | $0.0M | $0.1M | $0.2M |
| Pretax income | β | β | β | β | β | β | β | β | β$2.8M | β$3.0M |
| Income tax | β | β | β | β | β | β | β | β | β | β$0.3M |
| Net income | β$10.2M | β$8.9M | β$7.3M | β$5.6M | β$4.2M | β$1.3M | β$6.1M | β$2.8M | β$2.8M | β$2.7M |
| Diluted EPS | β$0.11 | β$0.08 | β$0.06 | β$0.04 | β$0.38 | β$0.10 | β$0.47 | β$0.21 | β$0.19 | β$0.17 |
| Diluted shares | 0.10B | 0.12B | 0.12B | 0.13B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B |
| Cash flow | ||||||||||
| Cash from operations | β$8.0M | β$7.3M | β$4.1M | β$3.4M | β$3.3M | β$1.9M | β$2.6M | β$2.9M | β$2.2M | β$1.7M |
| Capital expenditure | β | $0.5M | $1.1M | $0.5M | $0.1M | $0.2M | $0.0M | β | $0.1M | $0.1M |
| Free cash flow | β | β$7.9M | β$5.2M | β$3.8M | β$3.3M | β$2.0M | β$2.7M | β | β$2.3M | β$1.8M |
| Depreciation and amortization | $0.2M | $0.3M | $0.4M | $0.6M | $0.5M | $0.6M | $0.4M | $0.4M | $0.3M | $0.3M |
| Stock-based compensation | $1.1M | $1.6M | $0.6M | $0.2M | $0.3M | $0.1M | $0.4M | $0.6M | $0.8M | $0.5M |
| Acquisitions | β | β | β | β | β | β | β | β | β | $1.2M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $9.2M | $1.3M | $1.0M | $1.0M | $1.8M | $5.5M | $2.8M | $1.9M | $0.2M | $0.3M |
| Total debt | $0.0M | $0.0M | $3.6M | $1.4M | $2.3M | β | β | β | $0.2M | $3.8M |
| Current assets | $9.7M | $3.0M | $2.7M | $2.0M | $3.3M | $7.7M | $4.4M | $4.2M | $2.7M | $4.2M |
| Current liabilities | $0.9M | $1.3M | $2.1M | $1.9M | $2.1M | $1.5M | $2.6M | $2.3M | $2.6M | $11.0M |
| Inventory | $0.3M | $1.4M | $1.2M | $0.6M | $0.9M | $0.7M | $1.0M | $1.2M | $1.5M | $1.7M |
| Property and equipment, net | $1.5M | $1.8M | $2.5M | $2.4M | $1.9M | $1.6M | $0.8M | $0.4M | $0.3M | $8.3M |
| Intangible assets | $0.6M | $0.6M | $0.5M | $0.5M | $0.4M | $0.4M | $0.3M | $0.2M | $0.2M | $0.1M |
| Total assets | $11.8M | $5.4M | $5.8M | $5.1M | $5.8M | $9.7M | $5.5M | $4.8M | $3.3M | $12.8M |
| Total liabilities | $0.9M | $1.3M | $5.8M | $4.8M | $3.5M | $1.5M | $2.6M | $2.3M | $2.7M | $11.5M |
| Shareholders' equity | $10.9M | $4.2M | β$0.0M | $0.3M | $2.3M | $8.5M | $2.9M | $2.5M | $0.6M | $1.3M |
| Margins | ||||||||||
| Gross margin | 47.0% | 44.6% | 50.6% | 53.7% | 29.8% | 37.4% | 15.7% | 35.5% | 34.2% | 21.9% |
| Operating margin | β682.0% | β446.2% | β145.9% | β120.4% | β163.9% | β31.3% | β67.9% | β34.6% | β25.9% | β24.2% |
| EBITDA margin | β667.7% | β430.8% | β135.4% | β106.8% | β143.3% | β21.7% | β63.0% | β29.7% | β23.2% | β22.4% |
| Net margin | β699.2% | β446.2% | β172.9% | β129.9% | β161.7% | β18.9% | β67.0% | β34.7% | β26.4% | β19.0% |
| FCF margin | β | β394.1% | β123.6% | β88.7% | β129.6% | β30.0% | β29.0% | β | β21.3% | β12.6% |
| Returns | ||||||||||
| Return on capital | β450.7% | β246.4% | β192.3% | β585.3% | β119.4% | β | β | β | β387.0% | β56.5% |
| Return on capital employed | β91.0% | β214.1% | β167.5% | β159.9% | β113.4% | β25.5% | β212.0% | β112.5% | β395.0% | β190.7% |
| Return on equity | β93.4% | β118.3% | β354.9% | β4,498.0% | β318.5% | β23.4% | β107.3% | β103.9% | β183.4% | β282.4% |
| Return on assets | β86.2% | β103.3% | β130.8% | β102.7% | β75.9% | β16.3% | β80.6% | β54.8% | β69.5% | β33.4% |
| Return on tangible equity | β99.0% | β249.3% | β | β | β219.3% | β15.6% | β233.5% | β124.8% | β706.3% | β223.6% |
| Growth | ||||||||||
| Revenue growth | β | 37.0% | 112.1% | 1.7% | β40.4% | 161.0% | 36.7% | β11.3% | 31.9% | 32.6% |
| Share count change | β | 23.2% | 1.6% | 7.5% | β91.4% | 9.1% | 7.1% | 3.4% | 9.9% | 7.7% |
| Financial health | ||||||||||
| Debt / equity | 0.0x | 0.0x | β | 5.0x | 1.0x | β | β | β | 0.4x | 2.9x |
| Interest coverage | β39.6x | β | β8.1x | β4.3x | β8.8x | β16.4x | β | β352.0x | β53.3x | β15.8x |
| Current ratio | 10.7x | 2.4x | 1.3x | 1.1x | 1.6x | 5.1x | 1.7x | 1.8x | 1.0x | 0.4x |
| Quick ratio | 10.3x | 1.3x | 0.7x | 0.7x | 1.2x | 4.7x | 1.3x | 1.3x | 0.5x | 0.2x |
| Capital allocation | ||||||||||
| Capex / revenue | β | 26.8% | 26.1% | 10.8% | 2.3% | 2.3% | 0.1% | β | 0.5% | 0.9% |
| Stock comp / revenue | 77.7% | 77.7% | 14.1% | 5.2% | 10.8% | 1.4% | 4.2% | 6.9% | 7.3% | 3.8% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 3.0 | 4.0 | 5.0 | 4.0 | 4.0 | 2.0 | 4.0 | 2.0 | 2.0 |
| Altman Z'' | 4.9 | β25.7 | β29.8 | β36.3 | β31.3 | β9.0 | β38.6 | β41.5 | β67.7 | β22.0 |
| Accruals ratio | β18.3% | β18.3% | β57.1% | β41.1% | β16.1% | 7.7% | β45.8% | 2.2% | β14.7% | β12.7% |
Source: SEC EDGAR XBRL filings (CIK 0001487197). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
