Arcadia Biosciences Reports Q2 Loss of $4.5 Million, Revenue of $1.5 Million.

Arcadia Biosciences reported a Q2 loss of $4.5 million, or $3.26 per share, and revenue of $1.5 million. The agricultural biotechnology trait company's adjusted earnings per share were 2 cents.

Arcadia Biosciences, Inc. (Nasdaq: RKDA), a producer and marketer of innovative wellness products, reported its financial results for the second quarter and first half of 2025. The company experienced an 11% increase in total revenues year over year, driven by a significant 24% growth in Zola® coconut water sales. Despite this revenue growth, Arcadia reported a net loss of $4.5 million for the second quarter, an increase from the net income of $1.1 million in Q2 2024 [1].

Arcadia's adjusted earnings per share (EPS) were 2 cents for the quarter, down from 16 cents in Q2 2024. The company's gross margins have consistently exceeded 30% for ten consecutive quarters, indicating strong operational efficiency. However, total operating expenses rose dramatically by 390% in Q2 2025, suggesting escalating costs could impact future profitability [1].

Arcadia also announced the receipt of 2.7 million shares of stock in Above Food Ingredients Inc. as partial repayment related to a previous sale. This, along with the elimination of $1 million in contingent liabilities, brings the total eliminated to $2 million year-to-date [1]. The company continues to pursue the repayment of the remaining outstanding balance of the note receivable related to the sale of GoodWheat™ assets.

Arcadia's pending business combination with Roosevelt Resources continues to move forward. The company recently filed an amendment to the initial Form S-4 registration statement to provide responses to comments received from the SEC and to provide updated financial information through the first quarter of 2025 for both Arcadia Biosciences and Roosevelt Resources [1].

References:
[1] https://www.quiverquant.com/news/Arcadia+Biosciences+Reports+11%25+Revenue+Growth+Driven+by+24%25+Increase+in+Zola%C2%AE+Sales+and+Reduces+Liabilities+by+%241+Million