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Barfresh Food Group (NASDAQ: BRFH) doubles down with 2026 growth and EBITDA targets
Barfresh Food Group (NASDAQ: BRFH) reported record revenue of $14.2 million in 2025, a 33% increase year-over-year, largely due to the Arps Dairy acquisition. Despite a significant drop in gross margin to 22% and a wider Adjusted EBITDA loss, the company is projecting ambitious 2026 revenue of $28–$32 million and positive Adjusted EBITDA of $3.2–$3.8 million. This growth is expected to be fueled by an integrated manufacturing facility and recent financing, though the facility’s ramp-up extends to Q4 2026.