Once Upon A Farm Ipo Pushed Back To Next Year

Credit: PJ McDonnell/Shutterstock.com

Organic children’s nutrient manufacturer Once Upon a Farm has delayed its IPO successful nan US to adjacent year.

In September, nan California-based business, group up successful 2015, filed plans for a listing successful New York.

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In a connection connected LinkedIn, Once Upon a Farm CEO John Foraker said a twelvemonth agone nan institution had been targeting an IPO successful October but nan caller US authorities shutdown had “got successful nan way”. 

“Coming retired of that we considered a model astir nan holidays but this past week I decided that we’ll look to 2026 instead,” Foraker said. 

“As disappointing arsenic this is for nan squad present who’s worked truthful difficult astatine it, and nan outer resources that person done nan same, we’ll return nan ‘found time’ to proceed to innovate and build our marque successful support of our mission.”

Once Upon a Farm produces a scope of babe and children’s foods specified arsenic chilled pouches, oat bars, frozen meals and ambient snacks. 

Foraker, nan erstwhile CEO of US nutrient group Annie’s – later acquired by nutrient awesome General Mills –  joined nan business as main executive successful 2017, erstwhile he was described arsenic a co-founder of Once Upon a Farm. 

The company’s products are sold done awesome US retailers, including Whole Foods, Kroger, Walmart and Target, and are disposable via a direct-to-consumer channel. 

According to nan September filing, Once Upon a Farm reported a nett nonaccomplishment of $23.8m for nan twelvemonth ended 31 December, widening from a $17.6m nonaccomplishment successful nan preceding year. 

In nan opening six months of 2025 – to 30 June – nan nett nonaccomplishment was $28.5m, compared to a $4.2m nonaccomplishment a twelvemonth earlier. 

Sales gross successful 2024 amounted to $156.8m, up from $94.3m successful 2023. In nan first half of this year, Once Upon a Farm posted $110.6m successful sales, rising from $65.8m successful nan anterior six months. 

Losses were besides recorded connected nan operating front. 

The company, which uses co-manufacturers, delivered an operating nonaccomplishment past twelvemonth of $6.3m, narrowing from a $15.3m loss. For nan first six months of 2025, losses were $9.2m versus 3.1m.