Mama's Creations, Inc. (MAMA) Q2 FY2027 earnings

Reported results

• GAAP net income: $2.6 million ($0.06 diluted EPS) in Q2 FY2027 vs. $1.3 million ($0.03 diluted EPS) in Q2 FY2026, a 100.9% increase.
• GAAP revenues: $54.6 million in Q2 FY2027 vs. $35.2 million in Q2 FY2026, a 55.0% increase.
• GAAP gross profit: $13.1 million (24.0% of revenue) in Q2 FY2027 vs. $8.8 million (24.9% of revenue) in Q2 FY2026, a 49.1% increase.
• Non-GAAP adjusted EBITDA: $5.5 million (10.1% margin) in Q2 FY2027 vs. $3.3 million (9.3% margin) in Q2 FY2026, a 68.9% increase.
• Cash and cash equivalents: $138.6 million as of July 31, 2026 vs. $20.0 million as of January 31, 2026; increase primarily driven by $108.6 million net proceeds from July 2026 common stock offering and $11.9 million cash from operations in first six months of fiscal 2027.
• Total debt: $4.8 million as of July 31, 2026.

Notes

The company completed a public offering in July 2026 for approximately $108.6 million in net proceeds. Operating expenses declined 160 basis points as a percentage of revenue to 18.5% in Q2 FY2027 from 20.1% in Q2 FY2026. Gross margin improved sequentially from 23.6% in Q1 FY2027.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-03 (8-K, Item 2.02). Read the original filing on sec.gov.