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Once Upon a Farm completed its IPO on February 9, 2026, and trades on the New York Stock Exchange under the ticker OFRM. The company priced shares at $18 each and reported approximately $138.5 million in net proceeds. Its latest results located here, for the quarter ended June 30, 2026, showed rising sales alongside a net loss.
Did Once Upon a Farm go public?
Yes. Once Upon a Farm, PBC completed its initial public offering on February 9, 2026. The company’s final prospectus describes it as a childhood nutrition company founded in 2015 by Cassandra Curtis and Ari Raz, with John Foraker partnering with Jennifer Garner in 2017. The offering’s preliminary prospectus had proposed a $17–$19-per-share range; the completed IPO price was $18. The preliminary range was superseded by the final transaction terms. The final SEC prospectus sets out the company and offering details.
When did Once Upon a Farm IPO, and what is its ticker?
The IPO closed February 9, 2026. The company’s common stock is listed on the New York Stock Exchange as OFRM. The NYSE filed its listing certification on February 5, 2026. The NYSE certification records the listing approval.
How much did Once Upon a Farm raise in its IPO?
The company sold newly issued shares and reported approximately $138.5 million in net proceeds in its August 6, 2026 quarterly filing. The offering included the following share sales, all priced at $18 per share:
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- Includes: 24ct: (2) Apple, Pineapple, Chicken, Carrot, (3) Apple, Coconut Milk, Chicken, Mango, (3) Apple, Coconut Milk, Beef, Butternut Squash, (3) Apple, Coconut Milk, Turkey, Butternut Squash, (3) Apple, Chicken Bone Broth, Tomato, Cauliflower, (3) Tomato, Apple, Chicken Bone Broth, Coconut Milk, (3) Apple, Beef Bone Broth, Tomato, Spinach, (2) Black Bean, Apple, Pumpkin Seed, Mango, and (2) Chickpea, Apple, Pumpkin Seed, Carrot.
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| IPO shares | Shares sold | Who received the proceeds? |
|---|---|---|
| Primary shares in the base offering | 7,631,537 | Once Upon a Farm |
| Additional primary shares from the underwriters’ option | 1,649,581 | Once Upon a Farm |
| Secondary shares sold by existing stockholders | 3,365,672 | Selling stockholders, not the company |
The primary shares were issued by the company; the secondary shares were sold by existing holders and did not add to company proceeds. The figures and proceeds distinction are reported in the company’s quarterly SEC filing covering the IPO.
How is Once Upon a Farm doing after its IPO?
The latest results located are company-reported second-quarter figures for the three months ended June 30, 2026, released August 6, 2026. They show substantial year-over-year sales growth, but the company remained unprofitable for the quarter.
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| Measure | Q2 2026 result |
|---|---|
| Net sales | $85.4 million, up 42.3% year over year |
| Gross margin | 35.9% |
| Net income (loss) | Net loss of $5.0 million |
These are issuer-reported results, not an independent assessment of performance. CEO and co-founder John Foraker characterized the quarter as “high-quality, volume-led growth” in the company’s August 6 release. The second-quarter results release contains the figures and management’s comments.
What guidance did management give?
On August 6, 2026, management raised its full-year 2026 outlook to net sales of $327 million–$335 million and adjusted EBITDA of $3 million–$4.5 million. These are company guidance, not realized results or an independent forecast. Adjusted EBITDA is a non-GAAP measure, so it should not be treated as interchangeable with net income or loss.
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What does Jennifer Garner have to do with Once Upon a Farm?
Garner is described in the final prospectus as a co-founder and is known in the company’s marketing as “Farmer Jen.” The prospectus says she partnered with Foraker in 2017, after Curtis and Raz founded the business. A February 5, 2026 SEC ownership filing identifies her as a director and a 10% owner at that date; that dated filing does not establish her current ownership. Her Form 3 filing reports the ownership information.
A May 2026 SEC filing says the company amended Garner’s spokesperson and co-founder agreement to provide an additional $3 million in cash consideration over a two-year period beginning January 2027, for certain promotional activities and subject to continued service. This is contractual compensation, not IPO proceeds or stock compensation. The company’s May 2026 filing describes the amendment.
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What does public benefit corporation status mean for investors?
Once Upon a Farm elected public benefit corporation status under Delaware law in March 2021. Its prospectus lists purposes involving childhood nutrition, product access and nutrient quality, sustainability, farmers, organic foods, and community engagement. It also says the company must balance stockholders’ financial interests with the interests of materially affected stakeholders, and that this may lead to decisions that do not maximize stockholder value. That is a stated feature of its corporate structure, not a prediction about any particular decision. The prospectus describes the company’s benefit purposes and related duties.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What should a personal-finance reader know before evaluating OFRM?
An IPO price, an amount raised, and a quarter of fast sales growth do not by themselves establish whether a stock is suitable or fairly valued. The figures above are historical company disclosures through Q2 2026; they do not provide a current share price, market capitalization, or later financial results. Anyone considering the stock should consult current trading data and subsequent filings, and weigh reported losses and management’s non-GAAP guidance alongside sales growth.
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- Includes: 24ct: (2) Apple, Pineapple, Chicken, Carrot, (3) Apple, Coconut Milk, Chicken, Mango, (3) Apple, Coconut Milk, Beef, Butternut Squash, (3) Apple, Coconut Milk, Turkey, Butternut Squash, (3) Apple, Chicken Bone Broth, Tomato, Cauliflower, (3) Tomato, Apple, Chicken Bone Broth, Coconut Milk, (3) Apple, Beef Bone Broth, Tomato, Spinach, (2) Black Bean, Apple, Pumpkin Seed, Mango, and (2) Chickpea, Apple, Pumpkin Seed, Carrot.
- Meat Blends: Made with organic free-range chicken or turkey, or organic grass-fed beef raised without added hormones* or antibiotics.
- Meat & Bone Broth Blends: Our organic meat blends with added savory flavor from organic chicken or beef bone broth.
- Legume Blends: Featuring beans and pumpkin seeds for a plant-based source of protein
- Cold-pressure protected to lock in nutrients and flavors
Once Upon a Farm sells baby and children’s food, including pouches and snacks, through traditional retail, e-commerce, delivery platforms, and its direct-to-consumer channel, according to its May 2026 SEC filing. The filing’s company description outlines its products and sales channels.
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