Lifeway Foods, Inc. (LWAY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 63.01M | 55.36M | 57.14M | 53.9M | 46.09M | 46.93M | 46.09M | 49.16M | 44.63M | 42.09M | 40.9M | 39.23M | 37.9M | 35.84M | 38.14M | 33.49M | 34.1M | 30.97M | 29.55M | 29.16M |
| Revenue Growth % | 36.71% | 17.95% | 23.97% | 9.65% | 3.26% | 11.5% | 12.71% | 25.3% | 17.76% | 17.45% | 7.23% | 17.14% | 11.16% | 15.7% | 29.06% | 14.84% | 16.08% | 21.06% | 13.5% | 16.58% |
| Cost of Goods Sold | 45.66M | 40M | 39.82M | 38.5M | 35.06M | 35.04M | 34.23M | 36.02M | 33.23M | 30.44M | 29.75M | 27.95M | 29.68M | 27.92M | 30.55M | 27.79M | 28.52M | 24.33M | 22.56M | 21.48M |
| COGS % of Revenue | 72.46% | 72.25% | 69.69% | 71.43% | 76.06% | 74.65% | 74.26% | 73.27% | 74.46% | 72.31% | 72.75% | 71.25% | 78.3% | 77.9% | 80.1% | 82.99% | 83.64% | 78.55% | 76.34% | 73.67% |
| Gross Profit | 17.35M | 15.36M | 17.32M | 15.4M | 11.04M | 11.9M | 11.87M | 13.14M | 11.4M | 11.66M | 11.14M | 11.28M | 8.23M | 7.92M | 7.59M | 5.7M | 5.58M | 6.64M | 6.99M | 7.68M |
| Gross Margin % | 27.54% | 27.75% | 30.31% | 28.57% | 23.94% | 25.35% | 25.74% | 26.73% | 25.54% | 27.69% | 27.25% | 28.75% | 21.7% | 22.1% | 19.9% | 17.01% | 16.36% | 21.45% | 23.66% | 26.33% |
| Gross Profit Growth % | 57.24% | 29.13% | 45.97% | 17.2% | -3.2% | 2.06% | 6.5% | 16.49% | 38.59% | 47.17% | 46.85% | 98% | 47.42% | 19.24% | 8.51% | -25.79% | -30.67% | -7.63% | -7.71% | 10.81% |
| Operating Expenses | 11.03M | 11.6M | 12.28M | 9.61M | 9.46M | 11.18M | 7.68M | 7.75M | 7.84M | 5.9M | 6.1M | 6.51M | 6.79M | 5.96M | 6.39M | 5.46M | 6.63M | 6.24M | 5.95M | 5.18M |
| OpEx % of Revenue | 17.5% | 20.95% | 21.49% | 17.82% | 20.53% | 23.83% | 16.66% | 15.77% | 17.56% | 14.03% | 14.93% | 16.6% | 17.91% | 16.63% | 16.76% | 16.29% | 19.44% | 20.14% | 20.13% | 17.77% |
| Selling, General & Admin | 10.89M | 11.46M | 11.23M | 9.47M | 9.33M | 11.05M | 7.54M | 7.75M | 7.84M | 5.9M | 5.97M | 6.38M | 6.65M | 5.82M | 6.26M | 5.32M | 6.49M | 5.5M | 5.92M | 5.18M |
| SG&A % of Revenue | 17.28% | 20.71% | 19.66% | 17.57% | 20.23% | 23.54% | 16.36% | 15.77% | 17.56% | 14.03% | 14.6% | 16.26% | 17.55% | 16.25% | 16.41% | 15.89% | 19.04% | 17.74% | 20.02% | 17.77% |
| 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 | 135K | 135K | 1000K | 135K | 135K | 135K | 135K | 0 | 0 | 0 | 135K | 135K | 135K | 135K | 135K | 135K | 135K | 741K | 33K | 0 |
| Operating Income | 6.33M | 3.76M | 5.04M | 5.79M | 1.57M | 713K | 4.19M | 5.39M | 3.56M | 5.75M | 5.04M | 4.77M | 1.44M | 1.96M | 1.2M | 241K | -1.05M | 406K | 1.04M | 2.49M |
| Operating Margin % | 10.04% | 6.8% | 8.82% | 10.75% | 3.42% | 1.52% | 9.09% | 10.96% | 7.98% | 13.67% | 12.32% | 12.15% | 3.79% | 5.47% | 3.13% | 0.72% | -3.08% | 1.31% | 3.53% | 8.55% |
| Operating Income Growth % | 301.84% | 427.77% | 20.32% | 7.59% | -55.84% | -87.61% | -16.87% | 13.01% | 148.02% | 193.22% | 321.67% | 1877.59% | 236.99% | 383.25% | 14.46% | -90.34% | -154.18% | -35.56% | -60.11% | 73.44% |
| EBITDA | 6.33M | 4.79M | 6.09M | 6.76M | 2.51M | 1.61M | 5.04M | 6.22M | 4.36M | 6.56M | 5.83M | 5.55M | 2.22M | 2.7M | 1.92M | 963K | -258K | 1.15M | 1.72M | 3.13M |
| EBITDA Margin % | 10.04% | 8.65% | 10.66% | 12.55% | 5.45% | 3.43% | 10.94% | 12.66% | 9.77% | 15.58% | 14.25% | 14.15% | 5.86% | 7.52% | 5.03% | 2.88% | -0.76% | 3.7% | 5.83% | 10.74% |
| EBITDA Growth % | 151.89% | 197.15% | 20.72% | 8.68% | -42.41% | -75.42% | -13.45% | 12.07% | 96.4% | 143.21% | 203.54% | 476.53% | 960.47% | 135.05% | 11.5% | -69.26% | -109.38% | -19.57% | -49.47% | 37.17% |
| D&A (Non-Cash Add-back) | 0 | 1.03M | 1.05M | 967K | 937K | 899K | 855K | 836K | 796K | 804K | 789K | 786K | 783K | 734K | 725K | 722K | 791K | 741K | 678K | 639K |
| EBIT | 6.33M | 3.74M | 5.11M | 5.93M | 4.98M | 779K | 4.33M | 5.41M | 3.56M | 5.76M | 5.04M | 4.79M | 1.44M | 1.73M | 1.19M | 237K | -1.05M | 406K | 1.04M | 2.37M |
| Net Interest Income | 68K | -21K | -21K | -21K | -14K | -3K | -4K | -47K | -51K | -62K | -109K | -109K | -104K | -96K | -77K | -52K | -42K | -44K | -30K | -20K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -68K | 21K | 21K | 21K | 14K | 3K | 4K | 47K | 51K | 62K | 109K | 109K | 104K | 96K | 77K | 52K | 42K | 44K | 30K | 20K |
| Other Income/Expense | -68K | -46K | 52K | 116K | 3.39M | 63K | 137K | -27K | -56K | -56K | -110K | -81K | -99K | -327K | -82K | -56K | -43K | -45K | -37K | -145K |
| Pretax Income | 6.26M | 3.72M | 5.09M | 5.91M | 4.97M | 776K | 4.33M | 5.36M | 3.51M | 5.7M | 4.93M | 4.68M | 1.34M | 1.64M | 1.11M | 185K | -1.09M | 361K | 1.01M | 2.35M |
| Pretax Margin % | 9.93% | 6.71% | 8.91% | 10.97% | 10.77% | 1.65% | 9.38% | 10.9% | 7.86% | 13.53% | 12.05% | 11.94% | 3.53% | 4.56% | 2.92% | 0.55% | -3.2% | 1.17% | 3.41% | 8.05% |
| Income Tax | 1.58M | 1.18M | 1.56M | 1.66M | 1.43M | 936K | 1.35M | 1.58M | 1.08M | 1.73M | 1.52M | 1.53M | 508K | 919K | 130K | 65K | -197K | 454K | 527K | 731K |
| Effective Tax Rate % | 25.3% | 31.64% | 30.7% | 28.12% | 28.72% | 120.62% | 31.21% | 29.41% | 30.84% | 30.33% | 30.78% | 32.64% | 37.97% | 56.21% | 11.68% | 35.14% | 18.04% | 125.76% | 52.33% | 31.12% |
| Net Income | 4.67M | 2.54M | 3.53M | 4.25M | 3.54M | -160K | 2.98M | 3.78M | 2.43M | 3.97M | 3.41M | 3.16M | 830K | 716K | 983K | 120K | -895K | -93K | 480K | 1.62M |
| Net Margin % | 7.42% | 4.59% | 6.18% | 7.88% | 7.68% | -0.34% | 6.46% | 7.7% | 5.44% | 9.43% | 8.34% | 8.04% | 2.19% | 2% | 2.58% | 0.36% | -2.62% | -0.3% | 1.62% | 5.55% |
| Net Income Growth % | 32.03% | 1688.13% | 18.58% | 12.32% | 45.92% | -104.03% | -12.78% | 19.87% | 192.29% | 454.33% | 247.1% | 2530% | 192.74% | 869.89% | 104.79% | -92.58% | -168.53% | -133.21% | -73.71% | 65.1% |
| Net Income (Continuing) | 4.67M | 2.54M | 3.53M | 4.25M | 3.54M | -160K | 2.98M | 3.78M | 2.43M | 3.97M | 3.41M | 3.16M | 830K | 716K | 983K | 120K | -895K | -93K | 480K | 1.62M |
| 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) | 0.30 | 0.16 | 0.23 | 0.28 | 0.24 | -0.01 | 0.20 | 0.25 | 0.16 | 0.26 | 0.23 | 0.21 | 0.06 | 0.05 | 0.06 | 0.01 | -0.06 | -0.01 | 0.03 | 0.10 |
| EPS Growth % | 25% | 1581.48% | 15% | 12% | 50% | -104.15% | -13.04% | 19.05% | 189.86% | 465.22% | 283.33% | - | 195.17% | - | 100% | -92.4% | -172.5% | -132.96% | -75% | 66.67% |
| EPS (Basic) | 0.31 | 0.17 | 0.23 | 0.28 | 0.24 | -0.01 | 0.20 | 0.26 | 0.17 | 0.27 | 0.23 | 0.22 | 0.06 | 0.05 | 0.06 | 0.01 | -0.06 | -0.01 | 0.03 | 0.10 |
| Diluted Shares Outstanding | 15.58M | 15.58M | 15.42M | 15.39M | 14.86M | 14.86M | 15.27M | 15.2M | 15.22M | 15.17M | 15.1M | 15.08M | 15.03M | 15.56M | 15.85M | 15.88M | 15.44M | 15.77M | 15.65M | 15.79M |
| Basic Shares Outstanding | 15.23M | 15.23M | 15.23M | 15.21M | 14.77M | 14.77M | 14.8M | 14.73M | 14.69M | 14.69M | 14.68M | 14.65M | 14.64M | 15.2M | 15.49M | 15.47M | 14.92M | 15.54M | 15.47M | 15.64M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |