The company achieved explosive revenue growth of 289.0% in 2026Q2, though operating margins remain constrained at 8.6% due to rising SG&A expenses.
| Sales/Revenue | 20.78B | 20.65B | 14.12B | 13.26B |
| Revenue Growth % | 151.44% | 46.23% | 6.46% | - |
| Cost of Goods Sold | 16.72B | 17.09B | 11.47B | 10.74B |
| COGS % of Revenue | - | 82.76% | 81.22% | 81.01% |
| Gross Profit | 4.06B | 3.56B | 2.65B | 2.52B |
| Gross Margin % | 19.54% | 17.24% | 18.78% | 18.99% |
| Gross Profit Growth % | - | 34.22% | 5.26% | - |
| Operating Expenses | 2.48B | 2.22B | 1.71B | 1.6B |
| OpEx % of Revenue | - | 10.73% | 12.13% | 12.08% |
| Selling, General & Admin | 2.41B | 2.22B | 1.71B | 1.6B |
| SG&A % of Revenue | - | 10.73% | 12.13% | 12.08% |
| Research & Development | 0 | - | - | - |
| R&D % of Revenue | - | - | - | - |
| Other Operating Expenses | 0 | - | - | - |
| Operating Income | 1.58B | 1.34B | 938.5M | 916.86M |
| Operating Margin % | 7.61% | 6.5% | 6.65% | 6.91% |
| Operating Income Growth % | - | 43.05% | 2.36% | - |
| EBITDA | 1.72B | 1.49B | 1.03B | 998.5M |
| EBITDA Margin % | 8.27% | 7.2% | 7.26% | 7.53% |
| EBITDA Growth % | 141.76% | 44.96% | 2.71% | - |
| D&A (Non-Cash Add-back) | 137.99M | 144.09M | 87.03M | 81.64M |
| EBIT | 1.59B | 1.36B | 942.73M | 920.68M |
| Net Interest Income | -230.82M | -209.97M | -422.77M | -315.51M |
| Interest Income | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | - | - | - |
| Other Income/Expense | 0 | - | - | - |
| Pretax Income | 1.37B | 1.15B | 519.96M | 605.17M |
| Pretax Margin % | 6.57% | 5.56% | 3.68% | 4.56% |
| Income Tax | 471.66M | 394.62M | 196.35M | 251.14M |
| Effective Tax Rate % | 34.54% | 34.37% | 37.76% | 41.5% |
| Net Income | 893.85M | 753.62M | 323.61M | 354.02M |
| Net Margin % | 4.3% | 3.65% | 2.29% | 2.67% |
| Net Income Growth % | 220.27% | 132.88% | -8.59% | - |
| Net Income (Continuing) | 893.85M | 753.62M | 323.61M | 354.02M |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 37.39 | 34.76 | 15.72 | 1.74 |
| EPS Growth % | 199.21% | 121.12% | 803.45% | - |
| EPS (Basic) | - | 34.76 | 15.72 | 1.74 |
| Diluted Shares Outstanding | 23.91M | 21.68M | 20.59M | 203.75M |
| Basic Shares Outstanding | 23.63M | 21.68M | 20.59M | 203.74M |
| Dividend Payout Ratio | - | - | - | - |
Thin net margin buffer
As evidenced by the most recent quarterly filings, LGPS achieved a staggering 289.0% year-over-year revenue growth, signaling a rapid scaling of its property renovation and development pipeline that significantly outpaces the company's historical performance benchmarks observed in earlier fiscal periods.
The dramatic surge in top-line figures suggests that the company's 'renovation-to-yield' model is gaining substantial market traction in urban Japanese hubs. Investors should monitor whether this growth is sustainable or if it reflects a temporary concentration of large-scale condominium project completions that may not recur in subsequent quarters.
Based on reported financial statements, LGPS maintains a gross margin of 21.1%, which, while improved from earlier periods, remains vulnerable to the inherent volatility of construction costs and the competitive pricing pressures typical of the Japanese real estate services sector.
The thin net margin of 4.8% indicates that the company operates with a limited cushion to absorb inflationary shocks in labor or materials. Any meaningful increase in renovation outlays could rapidly erode profitability, suggesting that the firm's current pricing power may be insufficient to pass through rising costs to end-buyers.
According to recent SEC filings, LGPS has demonstrated an ability to scale operating income alongside revenue, yet the operating margin of 8.6% suggests that SG&A expenses are rising in tandem with growth, limiting the potential for significant operating leverage at this stage.
The company's ability to maintain a lean corporate structure while expanding its hospitality and restaurant footprint warrants further investigation. If SG&A continues to track closely with revenue, it may imply that the business model requires high fixed-cost investment to support its diverse operational segments.
Data from the latest income statement indicates that the 289.0% revenue growth is a sharp departure from previous periods, raising questions about whether this trajectory is driven by organic demand or a lumpy, project-based revenue recognition cycle that could lead to future volatility.
Short-term observers might argue that the company's reliance on high-volume property sales masks underlying operational inefficiencies in the hospitality segment. The lack of consistent, recurring revenue growth suggests that the firm remains highly sensitive to market liquidity, which could pose a risk if the Japanese real estate cycle turns.
Quick answers to the most common questions about buying LGPS stock.
For fiscal year 2025, LogProstyle Inc. (LGPS) reported total revenue of $20.65B. This represents a 55.7% increase compared to $13.26B in 2023.
LogProstyle Inc. (LGPS) is profitable, generating $753.6M in net income for the fiscal year ending 2025 with a net profit margin of 3.6%.
LogProstyle Inc. (LGPS) reported an operating income of $1.34B, resulting in an operating profit margin of 6.5%. This margin reflects the operational efficiency of the business before interest and taxes.
LogProstyle Inc. (LGPS) generated $3.56B in gross profit for the year, representing a gross profit margin of 17.2%. This demonstrates the company's core pricing power and production efficiency.