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Side-by-side financial comparison of Laird Superfood, Inc. (LSF) and SB FINANCIAL GROUP, INC. (SBFG). Click either name above to swap in a different company.

SB FINANCIAL GROUP, INC. is the larger business by last-quarter revenue ($16.4M vs $13.3M, roughly 1.2× Laird Superfood, Inc.). SB FINANCIAL GROUP, INC. runs the higher net margin — 23.9% vs -13.2%, a 37.0% gap on every dollar of revenue. On growth, Laird Superfood, Inc. posted the faster year-over-year revenue change (15.0% vs 6.3%). Over the past eight quarters, Laird Superfood, Inc.'s revenue compounded faster (16.1% CAGR vs 11.8%).

Laird Superfood, Inc. develops, manufactures and sells a portfolio of plant-based functional superfood products, including premium coffee creamers, hydration blends, nutritional supplements, and plant-powered snacks. It serves health-conscious consumers through direct-to-consumer e-commerce platforms and offline retail partners, mainly operating in the North American market with a focus on sustainably sourced clean ingredients.

SB Financial Group, Inc. is a U.S.-headquartered financial holding company that provides a full suite of personal and commercial banking products and services, including deposit accounts, mortgage and consumer loans, small business financing, and wealth management solutions. It primarily serves retail customers and small to medium-sized enterprises across regional markets in the United States.

LSF vs SBFG — Head-to-Head

Bigger by revenue
SBFG
SBFG
1.2× larger
SBFG
$16.4M
$13.3M
LSF
Growing faster (revenue YoY)
LSF
LSF
+8.8% gap
LSF
15.0%
6.3%
SBFG
Higher net margin
SBFG
SBFG
37.0% more per $
SBFG
23.9%
-13.2%
LSF
Faster 2-yr revenue CAGR
LSF
LSF
Annualised
LSF
16.1%
11.8%
SBFG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LSF
LSF
SBFG
SBFG
Revenue
$13.3M
$16.4M
Net Profit
$-1.8M
$3.9M
Gross Margin
34.1%
Operating Margin
-13.5%
30.3%
Net Margin
-13.2%
23.9%
Revenue YoY
15.0%
6.3%
Net Profit YoY
-341.4%
7.8%
EPS (diluted)
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LSF
LSF
SBFG
SBFG
Q4 25
$13.3M
$16.4M
Q3 25
$12.9M
$16.6M
Q2 25
$12.0M
$17.2M
Q1 25
$11.7M
$15.4M
Q4 24
$11.6M
$15.5M
Q3 24
$11.8M
$14.3M
Q2 24
$10.0M
$14.0M
Q1 24
$9.9M
$13.1M
Net Profit
LSF
LSF
SBFG
SBFG
Q4 25
$-1.8M
$3.9M
Q3 25
$-975.1K
$4.0M
Q2 25
$-362.2K
$3.9M
Q1 25
$-156.2K
$2.2M
Q4 24
$-398.4K
$3.6M
Q3 24
$-166.1K
$2.4M
Q2 24
$-239.1K
$3.1M
Q1 24
$-1.0M
$2.4M
Gross Margin
LSF
LSF
SBFG
SBFG
Q4 25
34.1%
Q3 25
36.5%
Q2 25
39.9%
Q1 25
41.9%
Q4 24
38.6%
Q3 24
43.0%
Q2 24
41.8%
Q1 24
40.0%
Operating Margin
LSF
LSF
SBFG
SBFG
Q4 25
-13.5%
30.3%
Q3 25
-7.7%
29.9%
Q2 25
-3.3%
27.5%
Q1 25
-1.9%
16.8%
Q4 24
-4.1%
29.3%
Q3 24
-2.3%
21.7%
Q2 24
-3.4%
24.0%
Q1 24
-11.0%
21.7%
Net Margin
LSF
LSF
SBFG
SBFG
Q4 25
-13.2%
23.9%
Q3 25
-7.6%
24.4%
Q2 25
-3.0%
22.4%
Q1 25
-1.3%
14.0%
Q4 24
-3.4%
23.5%
Q3 24
-1.4%
16.5%
Q2 24
-2.4%
22.2%
Q1 24
-10.3%
18.0%
EPS (diluted)
LSF
LSF
SBFG
SBFG
Q4 25
$0.62
Q3 25
$0.64
Q2 25
$0.60
Q1 25
$0.33
Q4 24
$0.55
Q3 24
$0.35
Q2 24
$0.47
Q1 24
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LSF
LSF
SBFG
SBFG
Cash + ST InvestmentsLiquidity on hand
$5.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$11.5M
$141.2M
Total Assets
$19.2M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSF
LSF
SBFG
SBFG
Q4 25
$5.1M
Q3 25
$5.1M
Q2 25
$3.9M
Q1 25
$7.0M
Q4 24
$8.3M
Q3 24
$7.9M
Q2 24
$7.6M
Q1 24
$7.1M
Total Debt
LSF
LSF
SBFG
SBFG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$19.7M
Q3 24
$19.7M
Q2 24
Q1 24
Stockholders' Equity
LSF
LSF
SBFG
SBFG
Q4 25
$11.5M
$141.2M
Q3 25
$12.8M
$136.9M
Q2 25
$13.4M
$133.6M
Q1 25
$13.3M
$131.5M
Q4 24
$13.2M
$127.5M
Q3 24
$13.1M
$132.8M
Q2 24
$12.6M
$125.5M
Q1 24
$12.7M
$123.7M
Total Assets
LSF
LSF
SBFG
SBFG
Q4 25
$19.2M
$1.5B
Q3 25
$18.9M
$1.5B
Q2 25
$20.4M
$1.5B
Q1 25
$21.5M
$1.5B
Q4 24
$19.3M
$1.4B
Q3 24
$18.8M
$1.4B
Q2 24
$18.0M
Q1 24
$17.6M
Debt / Equity
LSF
LSF
SBFG
SBFG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.15×
Q3 24
0.15×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LSF
LSF
SBFG
SBFG
Operating Cash FlowLast quarter
$68.4K
$24.0M
Free Cash FlowOCF − Capex
$21.4M
FCF MarginFCF / Revenue
130.6%
Capex IntensityCapex / Revenue
15.8%
Cash ConversionOCF / Net Profit
6.14×
TTM Free Cash FlowTrailing 4 quarters
$35.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSF
LSF
SBFG
SBFG
Q4 25
$68.4K
$24.0M
Q3 25
$1.2M
$12.7M
Q2 25
$-2.8M
$-3.6M
Q1 25
$-1.3M
$6.7M
Q4 24
$339.2K
$9.5M
Q3 24
$305.8K
$3.6M
Q2 24
$642.7K
$-434.0K
Q1 24
$-422.3K
$308.0K
Free Cash Flow
LSF
LSF
SBFG
SBFG
Q4 25
$21.4M
Q3 25
$12.2M
Q2 25
$-4.2M
Q1 25
$5.8M
Q4 24
$8.2M
Q3 24
$3.2M
Q2 24
$-833.0K
Q1 24
$149.0K
FCF Margin
LSF
LSF
SBFG
SBFG
Q4 25
130.6%
Q3 25
73.8%
Q2 25
-24.2%
Q1 25
37.6%
Q4 24
53.2%
Q3 24
22.6%
Q2 24
-5.9%
Q1 24
1.1%
Capex Intensity
LSF
LSF
SBFG
SBFG
Q4 25
15.8%
Q3 25
2.7%
Q2 25
3.1%
Q1 25
6.0%
Q4 24
8.0%
Q3 24
2.7%
Q2 24
2.8%
Q1 24
1.2%
Cash Conversion
LSF
LSF
SBFG
SBFG
Q4 25
6.14×
Q3 25
3.14×
Q2 25
-0.94×
Q1 25
3.11×
Q4 24
2.60×
Q3 24
1.54×
Q2 24
-0.14×
Q1 24
0.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LSF
LSF

Wholesale$7.0M52%
Coffee Tea And Hot Chocolate Products$4.4M33%
Hydration And Beverage Enhancing Supplements$1.6M12%
Other$352.6K3%

SBFG
SBFG

Segment breakdown not available.

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