Arcadia Biosciences (RKDA) Announces First Quarter 2026 Financial Results and Business Highlights

About this update from Arcadia Biosciences, Inc.

[{"type":"image","alt":"Arcadia Biosciences, Inc.","displaySize":"","headline":null,"caption":"Arcadia Biosciences, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":211,"url":"https://media.zenfs.com/en/globenewswire.com/15eb3ad0266744fc0169ab2baa2c150a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cd4unGURAZ9Y.aSkIhjWjA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI5NQ--/https://media.zenfs.com/en/globenewswire.com/15eb3ad0266744fc0169ab2baa2c150a","width":300,"height":211},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/cd4unGURAZ9Y.aSkIhjWjA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI5NQ--/https://media.zenfs.com/en/globenewswire.com/15eb3ad0266744fc0169ab2baa2c150a","width":300,"height":211}},"lazy":false},{"type":"text","content":" -- Zola® volumes increase 18% year-over-year --","length":47,"tagName":"p"},{"type":"text","content":"-- SG&A at lowest level in Arcadia’s history --","length":51,"tagName":"p"},{"type":"text","content":"DALLAS, May 14, 2026 (GLOBE NEWSWIRE) -- Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative wellness products, today released its financial and business results for the first quarter of 2026.","length":221,"tagName":"p"},{"type":"text","content":"“We are very pleased with our performance during the first quarter of 2026,” said T.J. Schaefer, CEO of Arcadia. “We were able to bring in gross proceeds of approximately $2.1 million from the exercise of previously outstanding preferred investment options, Zola® coconut water revenues and volumes increased at a double-digit rate compared to the same quarter last year, and our selling, general, and administrative expenses are at the lowest level in Arcadia’s history as a public company.","length":491,"tagName":"p"},{"type":"text","content":"“Going forward, we continue to evaluate strategic alternatives but also remain focused on growing our Zola coconut water brand and are excited about the prospects of launching a new product that we expect to be on the shelves of many of our largest customers this fall,” Schaefer added.","length":286,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"9","style":"text-align:center;vertical-align:middle;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"Arcadia Biosciences, Inc. Financial Snapshot(U...

More updates from Arcadia Biosciences, Inc.