Lamb Weston Holdings, Inc. (LW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 1.56B | 1.62B | 1.66B | 1.68B | 1.52B | 1.6B | 1.65B | 1.61B | 1.46B | 1.73B | 1.67B | 1.69B | 1.25B | 1.28B | 1.13B | 1.15B | 955M | 1.01B | 984.2M | 1.01B |
| Revenue Growth % | 2.91% | 1.07% | 0.31% | 3.96% | 4.27% | -7.57% | -0.67% | -4.9% | 16.33% | 35.69% | 47.95% | 46.99% | 31.27% | 26.81% | 14.37% | 14.45% | 6.61% | 12.33% | 12.93% | 18.96% |
| Cost of Goods Sold | 1.23B | 1.29B | 1.32B | 1.33B | 1.1B | 1.32B | 1.3B | 1.22B | 1.05B | 1.26B | 1.17B | 1.32B | 855.8M | 894.9M | 852.3M | 898.9M | 734M | 801.1M | 832.9M | 809.5M |
| COGS % of Revenue | 78.81% | 79.96% | 79.36% | 79.57% | 72.21% | 82.65% | 78.48% | 75.94% | 72.32% | 72.54% | 70.01% | 77.62% | 68.27% | 70.11% | 75.72% | 77.96% | 76.86% | 79.58% | 84.63% | 80.35% |
| Gross Profit | 331.6M | 324.3M | 342.4M | 342.3M | 422.5M | 277.8M | 356M | 387.9M | 403.7M | 475.6M | 499.5M | 379.4M | 397.8M | 381.6M | 273.3M | 254.2M | 221M | 205.5M | 151.3M | 198M |
| Gross Margin % | 21.19% | 20.04% | 20.64% | 20.43% | 27.79% | 17.35% | 21.52% | 24.06% | 27.68% | 27.46% | 29.99% | 22.38% | 31.73% | 29.89% | 24.28% | 22.04% | 23.14% | 20.42% | 15.37% | 19.65% |
| Gross Profit Growth % | -21.51% | 16.74% | -3.82% | -11.76% | 4.66% | -41.59% | -28.73% | 2.24% | 1.48% | 24.63% | 82.77% | 49.25% | 80% | 85.69% | 80.63% | 28.38% | 12.35% | -8.05% | -29.23% | 78.22% |
| Operating Expenses | 205M | 185.1M | 185.9M | 156.5M | 173.8M | 259.3M | 143.9M | 175.4M | 179.8M | 170M | 176.2M | 192.4M | 131.5M | 109.8M | 116.3M | 118.2M | 87.2M | 91.1M | 91.1M | 99.1M |
| OpEx % of Revenue | 13.1% | 11.44% | 11.2% | 9.34% | 11.43% | 16.2% | 8.7% | 10.88% | 12.33% | 9.81% | 10.58% | 11.35% | 10.49% | 8.6% | 10.33% | 10.25% | 9.13% | 9.05% | 9.26% | 9.84% |
| Selling, General & Admin | 156.8M | 167.8M | 153.6M | 175M | 151.6M | 181M | 143.9M | 175.4M | 169.7M | 164.6M | 176.2M | 192.4M | 131.5M | 109.8M | 116.3M | 118.2M | 87.2M | 91.1M | 91.1M | 99.1M |
| SG&A % of Revenue | 10.02% | 10.37% | 9.26% | 10.44% | 9.97% | 11.31% | 8.7% | 10.88% | 11.64% | 9.5% | 10.58% | 11.35% | 10.49% | 8.6% | 10.33% | 10.25% | 9.13% | 9.05% | 9.26% | 9.84% |
| 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 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 126.6M | 139.2M | 156.5M | 185.8M | 248.7M | 18.5M | 212.1M | 212.5M | 223.9M | 305.6M | 323.3M | 187M | 266.3M | 271.8M | 157M | 136M | 133.8M | 114.4M | 60.2M | 98.9M |
| Operating Margin % | 8.09% | 8.6% | 9.43% | 11.09% | 16.36% | 1.16% | 12.82% | 13.18% | 15.35% | 17.64% | 19.41% | 11.03% | 21.24% | 21.29% | 13.95% | 11.79% | 14.01% | 11.37% | 6.12% | 9.82% |
| Operating Income Growth % | -49.1% | 652.43% | -26.21% | -12.56% | 11.08% | -93.95% | -34.4% | 13.64% | -15.92% | 12.44% | 105.92% | 37.5% | 99.03% | 137.59% | 160.8% | 37.51% | 33% | -18.05% | -55.64% | 220.06% |
| EBITDA | 226.9M | 235.4M | 251.8M | 280.1M | 350.9M | 139M | 302.6M | 299.3M | 303.2M | 376.2M | 393.4M | 256.5M | 317.6M | 324M | 206.8M | 185.7M | 181.3M | 162M | 107.5M | 142.1M |
| EBITDA Margin % | 14.5% | 14.55% | 15.18% | 16.71% | 23.08% | 8.68% | 18.29% | 18.57% | 20.79% | 21.72% | 23.62% | 15.13% | 25.34% | 25.38% | 18.37% | 16.1% | 18.98% | 16.09% | 10.92% | 14.1% |
| EBITDA Growth % | -35.34% | 69.35% | -16.79% | -6.42% | 15.73% | -63.05% | -23.08% | 16.69% | -4.53% | 16.11% | 90.23% | 38.13% | 75.18% | 100% | 92.37% | 30.68% | 22.33% | -13.55% | -40.71% | 83.59% |
| D&A (Non-Cash Add-back) | 100.3M | 96.2M | 95.3M | 94.3M | 102.2M | 120.5M | 90.5M | 86.8M | 79.3M | 70.6M | 70.1M | 69.5M | 51.3M | 52.2M | 49.8M | 49.7M | 47.5M | 47.6M | 47.3M | 43.2M |
| EBIT | 126.6M | 142.4M | 155.9M | 185.5M | 250.8M | 20.6M | 223.4M | 220.7M | 224.9M | 310.3M | 335.4M | 603.6M | 243M | 164.5M | 331.6M | 79.3M | 163.5M | 124.5M | 66.4M | 97.6M |
| Net Interest Income | -45M | -44.3M | -43.7M | -44.2M | -47.3M | -43.3M | -45.2M | -40.3M | -35.7M | -29.1M | -30.7M | -32.8M | -25.8M | -24.6M | -26M | -24.9M | -25.8M | -82.4M | -27.9M | -28.7M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 45M | 44.3M | 43.7M | 44.2M | 47.3M | 43.3M | 45.2M | 40.3M | 35.7M | 29.1M | 30.7M | 32.8M | 25.8M | 24.6M | 26M | 24.9M | 25.8M | 82.4M | 27.9M | 28.7M |
| Other Income/Expense | -45M | -41.1M | -44.3M | -44.5M | -45.2M | -41.2M | -33.9M | -32.1M | -34.7M | -24.4M | -18.6M | 383.8M | -49.1M | -131.9M | 148.6M | -81.6M | 3.9M | -72.3M | -21.7M | -19.1M |
| Pretax Income | 81.6M | 98.1M | 112.2M | 141.3M | 203.5M | -22.7M | 178.2M | 180.4M | 189.2M | 281.2M | 304.7M | 570.8M | 217.2M | 139.9M | 305.6M | 54.4M | 137.7M | 42.1M | 38.5M | 79.8M |
| Pretax Margin % | 5.21% | 6.06% | 6.76% | 8.43% | 13.38% | -1.42% | 10.77% | 11.19% | 12.97% | 16.23% | 18.3% | 33.68% | 17.33% | 10.96% | 27.15% | 4.72% | 14.42% | 4.18% | 3.91% | 7.92% |
| Income Tax | 30.3M | 36M | 47.9M | 21.4M | 57.5M | 13.4M | 50.8M | 50.7M | 43.1M | 66.2M | 69.9M | 72M | 42.1M | 36.8M | 73.7M | 22.4M | 31.1M | 9.6M | 8.7M | 14.3M |
| Effective Tax Rate % | 37.13% | 36.7% | 42.69% | 15.15% | 28.26% | -59.03% | 28.51% | 28.1% | 22.78% | 23.54% | 22.94% | 12.61% | 19.38% | 26.3% | 24.12% | 41.18% | 22.59% | 22.8% | 22.6% | 17.92% |
| Net Income | 54M | 62.1M | 64.3M | 119.9M | 146M | -36.1M | 127.4M | 129.7M | 146.1M | 215M | 234.8M | 498.8M | 175.1M | 103.1M | 231.9M | 32M | 106.6M | 32.5M | 29.8M | 65.5M |
| Net Margin % | 3.45% | 3.84% | 3.88% | 7.15% | 9.6% | -2.25% | 7.7% | 8.05% | 10.02% | 12.41% | 14.1% | 29.43% | 13.97% | 8.08% | 20.6% | 2.78% | 11.16% | 3.23% | 3.03% | 6.5% |
| Net Income Growth % | -63.01% | 272.02% | -49.53% | -7.56% | -0.07% | -116.79% | -45.74% | -74% | -16.56% | 108.54% | 1.25% | 1458.75% | 64.26% | 217.23% | 678.19% | -51.14% | 61.27% | -66.46% | -66.63% | 4193.75% |
| Net Income (Continuing) | 51.3M | 62.1M | 64.3M | 119.9M | 146M | -36.1M | 127.4M | 129.7M | 146.1M | 215M | 234.8M | 498.8M | 175.1M | 103.1M | 231.9M | 32M | 106.6M | 32.5M | 29.8M | 65.5M |
| 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) | 0.39 | 0.44 | 0.46 | 0.85 | 1.03 | -0.25 | 0.88 | 0.89 | 1.01 | 1.48 | 1.60 | 3.40 | 1.21 | 0.71 | 1.60 | 0.22 | 0.73 | 0.22 | 0.20 | 0.44 |
| EPS Growth % | -62.14% | 276% | -47.73% | -4.49% | 1.98% | -116.89% | -45% | -73.82% | -16.53% | 108.45% | 0% | 1445.45% | 65.75% | 222.73% | 700% | -50% | 62.22% | -66.67% | -67.21% | 4136.7% |
| EPS (Basic) | 0.39 | 0.45 | 0.46 | 0.85 | 1.03 | -0.25 | 0.89 | 0.90 | 1.01 | 1.48 | 1.61 | 3.42 | 1.22 | 0.72 | 1.61 | 0.22 | 0.73 | 0.23 | 0.20 | 0.45 |
| Diluted Shares Outstanding | 139.3M | 139.6M | 139.8M | 141M | 142.4M | 143.2M | 144.2M | 145M | 145.3M | 145.5M | 146.6M | 146.8M | 144.8M | 144.6M | 144.6M | 145M | 145.5M | 146.3M | 146.9M | 147.1M |
| Basic Shares Outstanding | 139M | 139.4M | 139.5M | 140.6M | 141.9M | 142.8M | 143.6M | 144.3M | 144.5M | 144.9M | 145.7M | 145.9M | 144M | 144M | 144M | 144.5M | 145.1M | 146M | 146.3M | 145.56M |
| Dividend Payout Ratio | 95.19% | 83.09% | 80.4% | 43.54% | 35.21% | - | 40.58% | 40.09% | 27.65% | 18.98% | 17.38% | 8.08% | 20.1% | 34.24% | 15.22% | 110.63% | 32.18% | 105.54% | 115.44% | 52.52% |