Atlantic Sapphire Reports Strong Q1 2026 Salmon Harvest

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Atlantic Sapphire ASA, a pioneering land-based salmon farming company, reported strong operational results for the first quarter of 2026. The company harvested 1,504 metric tons of salmon, up from 1,183 tons in the prior quarter. Net biomass gain was 1,859 metric tons, and standing biomass at the end of the period was 3,420 tons. Average harvest weight increased to 3.2 kg, and the average sales price rose to $9.32 per kg.

Why it matters

Atlantic Sapphire's land-based 'Bluehouse' salmon farming model aims to transform the global protein production industry by localizing salmon production close to major consumer markets. These Q1 results demonstrate the company's continued operational progress and ability to scale up production to meet growing demand for sustainable seafood.

The details

During the first quarter, Atlantic Sapphire harvested 1,504 metric tons of salmon, up from 1,183 tons in the previous quarter. The company's net biomass gain was 1,859 metric tons, and standing biomass at the end of the period was 3,420 tons. Average harvest weight increased to 3.2 kg per fish, and the average sales price rose to $9.32 per kg, up from $8.28 per kg in the prior quarter.

• Atlantic Sapphire reported results for the three months ending March 31, 2026.
• The company completed its first commercial harvest in the US in September 2020.

What they’re saying

What’s next

Atlantic Sapphire is currently in the process of expanding its Phase 2 facility, which will bring the company's total annual production capacity to 25,000 tons. The company has a long-term target of over 100,000 tons of annual harvest volume.