Lakeland Industries, Inc. (LAKE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 47.42M | 45.82M | 47.59M | 52.5M | 46.75M | 46.63M | 45.76M | 38.51M | 36.31M | 31.24M | 31.68M | 33.07M | 28.7M | 29M | 28.39M | 28.18M | 27.28M | 26.8M | 30.03M | 27.47M |
| Revenue Growth % | 1.43% | -1.73% | 3.99% | 36.31% | 28.74% | 49.26% | 44.46% | 16.45% | 26.51% | 7.73% | 11.59% | 17.34% | 5.21% | 8.21% | -5.48% | 2.61% | -19.99% | -27.47% | -27.55% | -21.57% |
| Cost of Goods Sold | 32.53M | 31.09M | 33.45M | 33.68M | 31.1M | 27.93M | 27.2M | 23.28M | 20.13M | 20.04M | 18.32M | 18.89M | 16.26M | 18.14M | 16.08M | 16.56M | 16.22M | 15.62M | 17.26M | 14.61M |
| COGS % of Revenue | 68.61% | 67.85% | 70.3% | 64.15% | 66.53% | 59.91% | 59.44% | 60.44% | 55.43% | 64.13% | 57.82% | 57.11% | 56.64% | 62.54% | 56.66% | 58.75% | 59.47% | 58.29% | 57.48% | 53.19% |
| Gross Profit | 14.88M | 14.73M | 14.13M | 18.82M | 15.64M | 18.69M | 18.56M | 15.23M | 16.18M | 11.2M | 13.36M | 14.18M | 12.44M | 10.86M | 12.3M | 11.63M | 11.06M | 11.18M | 12.77M | 12.86M |
| Gross Margin % | 31.39% | 32.15% | 29.7% | 35.85% | 33.47% | 40.09% | 40.56% | 39.56% | 44.57% | 35.87% | 42.18% | 42.89% | 43.36% | 37.46% | 43.34% | 41.25% | 40.53% | 41.71% | 42.52% | 46.81% |
| Gross Profit Growth % | -4.85% | -21.19% | -23.86% | 23.52% | -3.34% | 66.85% | 38.91% | 7.42% | 30.05% | 3.15% | 8.59% | 21.98% | 12.55% | -2.81% | -3.65% | -9.57% | -25.19% | -38.18% | -41.12% | -25.85% |
| Operating Expenses | 19.06M | 22.69M | 20.09M | 15.78M | 20.28M | 18.84M | 17.75M | 16.83M | 13.98M | 14.5M | 9.74M | 10.45M | 10.51M | 10.79M | 10.08M | 9.83M | 9.61M | 9.38M | 8.54M | 8.79M |
| OpEx % of Revenue | 40.21% | 49.52% | 42.21% | 30.07% | 43.38% | 40.4% | 38.8% | 43.69% | 38.51% | 46.42% | 30.75% | 31.61% | 36.61% | 37.2% | 35.52% | 34.88% | 35.22% | 35.02% | 28.45% | 32.01% |
| Selling, General & Admin | 0 | 76.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.8M | 8.14M | 9.75M | 10.01M | 10.19M | 10.08M | 9.83M | 9.61M | 9.21M | 7.88M | 8.37M |
| SG&A % of Revenue | - | 168.03% | - | - | - | - | - | - | - | 47.38% | 25.7% | 29.49% | 34.86% | 35.13% | 35.52% | 34.88% | 35.22% | 34.39% | 26.26% | 30.46% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -301K | 1000K | 700K | 500K | 600K | 0 | 0 | 0 | 169K | 659K | 424K |
| Operating Income | 2.29M | -7.96M | -5.96M | 3.04M | -4.63M | -145K | 807K | -1.59M | 2.2M | -3.3M | 3.62M | 3.73M | 1.94M | 76K | 2.22M | 1.79M | 1.45M | 1.79M | 4.23M | 4.07M |
| Operating Margin % | 4.83% | -17.37% | -12.51% | 5.78% | -9.91% | -0.31% | 1.76% | -4.13% | 6.06% | -10.55% | 11.43% | 11.28% | 6.75% | 0.26% | 7.83% | 6.37% | 5.31% | 6.69% | 14.07% | 14.8% |
| Operating Income Growth % | 149.37% | -5388.28% | -837.92% | 290.76% | -310.44% | 95.6% | -77.71% | -142.65% | 13.62% | -4436.84% | 62.96% | 107.8% | 33.75% | -95.76% | -47.42% | -55.85% | -78.15% | -80.63% | -66.17% | -58.23% |
| EBITDA | 2.29M | -11.55M | -4.75M | 4.28M | -3.5M | 160K | 2.03M | -446K | 2.85M | -2.79M | 4.11M | 4.32M | 2.47M | 211K | 2.81M | 2.15M | 1.87M | 1.96M | 4.66M | 4.61M |
| EBITDA Margin % | 4.83% | -25.22% | -9.97% | 8.16% | -7.48% | 0.34% | 4.43% | -1.16% | 7.85% | -8.94% | 12.97% | 13.06% | 8.61% | 0.73% | 9.91% | 7.62% | 6.87% | 7.32% | 15.5% | 16.77% |
| EBITDA Growth % | 165.45% | -7321.25% | -334.25% | 1060.54% | -222.71% | 105.73% | -50.68% | -110.33% | 15.3% | -1424.17% | 46.04% | 100.98% | 31.86% | -89.25% | -39.58% | -53.35% | -73.72% | -79.97% | -64.14% | -54.9% |
| D&A (Non-Cash Add-back) | 0 | -3.6M | 1.21M | 1.25M | 1.14M | 305K | 1.22M | 1.15M | 647K | 502K | 487K | 589K | 533K | 135K | 591K | 354K | 425K | 169K | 430K | 541K |
| EBIT | 0 | -5.2M | -1.78M | -4M | -4.53M | -18.22M | 723K | -1.43M | 2.21M | 306K | 3.57M | 3.67M | 1.87M | 183K | 2.15M | 1.75M | 1.42M | 1.93M | 4.22M | 4.07M |
| Net Interest Income | 0 | -1.62M | -502K | -445K | -583K | -618K | -490K | -370K | -172K | -30K | -13K | -1K | -8K | -12K | -4K | -13K | -9K | -8K | -2K | -4K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -614K | 1.62M | 502K | 445K | 583K | 618K | 490K | 370K | 172K | 30K | 13K | 1K | 8K | 12K | 4K | 13K | 9K | 8K | 2K | 4K |
| Other Income/Expense | -574K | 2.1M | 3.67M | -7.48M | -477K | -18.69M | -574K | -205K | -161K | 3.57M | -66K | -66K | -77K | 95K | -76K | -55K | -35K | 127K | -3K | -5K |
| Pretax Income | 1.71M | -5.85M | -2.29M | -4.45M | -5.11M | -18.84M | 233K | -1.8M | 2.04M | 276K | 3.56M | 3.66M | 1.86M | 171K | 2.15M | 1.74M | 1.41M | 1.92M | 4.22M | 4.06M |
| Pretax Margin % | 3.61% | -12.77% | -4.8% | -8.47% | -10.93% | -40.39% | 0.51% | -4.66% | 5.62% | 0.88% | 11.22% | 11.08% | 6.48% | 0.59% | 7.56% | 6.17% | 5.18% | 7.17% | 14.06% | 14.79% |
| Income Tax | 1.34M | 356K | 13.67M | -5.21M | -1.2M | -397K | 147K | -420K | 388K | 1.25M | 937K | 1.2M | 541K | -12K | 715K | 2.61M | 285K | 539K | 1.33M | 1.09M |
| Effective Tax Rate % | 78.47% | -6.08% | -597.94% | 117.22% | 23.44% | 2.11% | 63.09% | 23.39% | 19.01% | 453.99% | 26.36% | 32.72% | 29.07% | -7.02% | 33.32% | 150% | 20.16% | 28.07% | 31.42% | 26.91% |
| Net Income | 369K | -6.21M | -15.96M | 766K | -3.91M | -18.44M | 86K | -1.38M | 1.65M | -977K | 2.62M | 2.46M | 1.32M | 183K | 1.43M | -870K | 1.13M | 1.38M | 2.9M | 2.97M |
| Net Margin % | 0.78% | -13.55% | -33.53% | 1.46% | -8.37% | -39.54% | 0.19% | -3.57% | 4.55% | -3.13% | 8.26% | 7.45% | 4.6% | 0.63% | 5.04% | -3.09% | 4.14% | 5.15% | 9.64% | 10.81% |
| Net Income Growth % | 109.43% | 66.33% | -18652.33% | 155.67% | -336.72% | -1787.21% | -96.71% | -155.82% | 25.23% | -633.88% | 82.95% | 383.33% | 16.92% | -86.75% | -50.59% | -129.31% | -77.43% | -82.45% | -68.74% | -68.22% |
| Net Income (Continuing) | 369K | -6.21M | -15.96M | 766K | -3.91M | -18.44M | 86K | -1.38M | 1.65M | -977K | 2.62M | 2.46M | 1.32M | 183K | 1.43M | -870K | 1.13M | 1.38M | 2.9M | 2.97M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.04 | -0.66 | -1.64 | 0.08 | -0.41 | -2.48 | 0.01 | -0.19 | 0.22 | -0.13 | 0.34 | 0.32 | 0.18 | 0.03 | 0.19 | -0.11 | 0.14 | 0.17 | 0.36 | 0.36 |
| EPS Growth % | 109.76% | 73.39% | -16500% | 139.95% | -286.36% | -1807.69% | -97.06% | -159.38% | 22.22% | -620% | 78.95% | 390.91% | 28.57% | -85.29% | -47.22% | -130.56% | -77.05% | -82.83% | -68.42% | -68.97% |
| EPS (Basic) | 0.04 | -0.66 | -1.64 | 0.08 | -0.41 | -2.48 | 0.01 | -0.19 | 0.22 | -0.13 | 0.35 | 0.33 | 0.18 | 0.03 | 0.19 | -0.11 | 0.15 | 0.18 | 0.37 | 0.37 |
| Diluted Shares Outstanding | 10.29M | 9.63M | 9.75M | 10.09M | 9.5M | 7.43M | 8.6M | 7.39M | 7.58M | 7.36M | 7.61M | 7.59M | 7.5M | 7.33M | 7.7M | 7.67M | 7.8M | 8M | 8M | 8.14M |
| Basic Shares Outstanding | 9.86M | 9.63M | 9.75M | 9.53M | 9.5M | 7.43M | 7.66M | 7.39M | 7.36M | 7.36M | 7.43M | 7.41M | 7.33M | 7.33M | 7.51M | 7.67M | 7.62M | 7.85M | 7.85M | 7.98M |
| Dividend Payout Ratio | - | - | - | 74.51% | - | - | 258.14% | - | 13.37% | - | 8.44% | 8.92% | 18.64% | - | - | - | - | - | - | - |