Barfresh Food Group Inc. (BRFH) reported second-quarter 2026 revenue of $4.7 million, up 190% from $1.6 million a year earlier, driven by the Arps Dairy acquisition. The company reported a net loss of $1.9 million, compared with a $880,000 loss in the prior-year quarter.
Barfresh revised its full-year 2026 outlook, citing a slower-than-anticipated ramp in production efficiency at its existing facility. The company continues construction of its 44,000-square-foot Defiance, Ohio facility.
- Second-quarter gross loss was $150,000, compared with gross profit of $506,000 a year earlier.
- Selling, marketing and distribution expense was $561,000, or 12% of revenue.
- G&A expense was $794,000, compared with $673,000 in the second quarter of 2025.
- Barfresh expects full-year 2026 revenue of $23 million to $26 million and adjusted EBITDA of negative $1.0 million to $2.0 million.
- As of June 30, 2026, the company had approximately $1.4 million of cash and accounts receivable and approximately $2.2 million of inventory.
$BRFH Hedge Fund Activity
We have seen 5 institutional investors add shares of $BRFH stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MERCER GLOBAL ADVISORS INC /ADV added 16,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $32,000
- MORGAN STANLEY removed 15,999 shares (-5.3%) from their portfolio in Q2 2026, for an estimated $31,998
- MARATHON CAPITAL MANAGEMENT removed 15,384 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $30,768
- GEODE CAPITAL MANAGEMENT, LLC removed 7,646 shares (-7.9%) from their portfolio in Q2 2026, for an estimated $15,292
- NORTHERN TRUST CORP added 2,546 shares (+9.7%) to their portfolio in Q2 2026, for an estimated $5,092
- BLACKROCK, INC. added 2,204 shares (+11.7%) to their portfolio in Q2 2026, for an estimated $4,408
- TOWER RESEARCH CAPITAL LLC (TRC) added 976 shares (+44.0%) to their portfolio in Q2 2026, for an estimated $1,952
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
