OFRM (Once Upon a Farm PBC) Operating Income: $-18.3 Mil (TTM As of Jun. 2026)

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OFRM Once Upon a Farm PBC OFRM
13 GF Score
Price $17.91
! 2 Warning Signs
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What is Once Upon a Farm PBC Operating Income?

Once Upon a Farm PBC OFRM +0.67% 13 Operating Income is $-18.3 Mil as of Jun. 2026. GuruFocus rates OFRM with a GF Score™ of 13/100. The stock has 2 warning signs investors should review.

Once Upon a Farm PBC's Operating Income for the three months ended in Jun. 2026 was $-5.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $-18.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Once Upon a Farm PBC's Operating Income for the three months ended in Jun. 2026 was $-5.6 Mil. Once Upon a Farm PBC's Revenue for the three months ended in Jun. 2026 was $85.4 Mil. Therefore, Once Upon a Farm PBC's Operating Margin % for the quarter that ended in Jun. 2026 was -6.60%.

Once Upon a Farm PBC's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Once Upon a Farm PBC's annualized ROC % for the quarter that ended in Jun. 2026 was -36.93%. Once Upon a Farm PBC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -35.98%.


Once Upon a Farm PBC  (NYSE:OFRM) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Once Upon a Farm PBC's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-22.556 * ( 1 - 0.7% )/( (58.71 + 62.574)/ 2 )
=-22.398108/60.642
=-36.93 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Once Upon a Farm PBC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-19.744/( ( (9.953 + max(42.945, 0)) + (9.794 + max(47.059, 0)) )/ 2 )
=-19.744/( ( 52.898 + 56.853 )/ 2 )
=-19.744/54.8755
=-35.98 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.563 + 50.269 + 5.208) - (47.095 + 0 + 7.105427357601E-15)
=42.945

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.959 + 51.887 + 4.727) - (46.514 + 0 + 0)
=47.059

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Once Upon a Farm PBC's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-5.639/85.392
=-6.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Once Upon a Farm PBC Operating Income Related Terms


Once Upon a Farm PBC Operating Income Historical Data

* Premium members only.

The historical data trend for Once Upon a Farm PBC's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Once Upon a Farm PBC Operating Income Chart

Once Upon a Farm PBC Annual Data
Trend Dec23 Dec24 Dec25
Operating Income
-15.32 -6.32 -5.70

Once Upon a Farm PBC Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.02 -1.05 4.52 -16.15 -5.64
OFRM
13GF Score
Once Upon a Farm PBC OFRM
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Once Upon a Farm PBC Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-18.3 Mil mean?
Once Upon a Farm PBC (OFRM) has a Operating Income of $-18.3 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Once Upon a Farm PBC and its competitors.
Is Once Upon a Farm PBC's Operating Income too high?
Once Upon a Farm PBC's current Operating Income is $-18.3 Mil. Overall, Once Upon a Farm PBC has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Once Upon a Farm PBC's Operating Income compare to WEST and LWAY?
Once Upon a Farm PBC's Operating Income of $-18.3 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Once Upon a Farm PBC and its competitors. Once Upon a Farm PBC's current Operating Income is $-18.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Once Upon a Farm PBC stock overvalued right now?
Once Upon a Farm PBC (OFRM) has a current Operating Income of $-18.3 Mil. The current Operating Income is $-18.3 Mil. Once Upon a Farm PBC's overall GF Score™ is 13/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Once Upon a Farm PBC (OFRM), the current Operating Income is $-18.3 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Once Upon a Farm PBC Business Description

Address 950 Gilman Street, Suite 100, Berkeley, CA, USA, 94710
Once Upon a Farm PBC is a provider of baby food products. The company provides childhood nutrition with real, organic, farm-fresh food-made with no added sugar, no preservatives, and nothing artificial. Its products are available at retail customers, including Target, Whole Foods, Kroger, Walmart, Publix, and Wegmans. Its key products include Smoothies, Yogurt, Milk Shakes, Oat Bars, etc.
13GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.91
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