LWAY
Lifeway Foods Inc
NASDAQ: LWAY · CONSUMER DEFENSIVE · PACKAGED FOODS
$26.84
-0.33% today
Updated 2026-04-30
Market cap
$422.90M
P/E ratio
31.20
P/S ratio
1.99x
EPS (TTM)
$0.89
Dividend yield
—
52W range
$17 – $34
Volume
0.1M
Lifeway Foods Inc (LWAY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.72M | $38.73M | $44.46M | $58.12M | $58.50M | $69.97M | $81.35M | $97.52M | $97.52M | $118.59M | $123.88M | $118.89M | $103.35M | $93.66M | $102.03M | $119.06M | $141.57M | $160.12M | $186.82M | $212.50M |
| Revenue growth (YoY) | — | +39.7% | +14.8% | +30.7% | +0.7% | +19.6% | +16.3% | +19.9% | +0.0% | +21.6% | +4.5% | -4.0% | -13.1% | -9.4% | +8.9% | +16.7% | +18.9% | +13.1% | +16.7% | +13.7% |
| Cost of revenue | $17.08M | $26.31M | $31.70M | $37.22M | $38.32M | $47.42M | $53.93M | $69.92M | $69.92M | $86.99M | $88.85M | $88.20M | $77.49M | $71.51M | $75.09M | $90.36M | $114.78M | $117.68M | $138.25M | $154.29M |
| Gross profit | $10.64M | $12.42M | $12.76M | $20.90M | $20.18M | $22.55M | $27.43M | $27.61M | $27.61M | $31.60M | $35.03M | $30.70M | $25.86M | $22.15M | $26.93M | $28.71M | $26.79M | $42.44M | $48.57M | $58.21M |
| Gross margin | 38.4% | 32.1% | 28.7% | 36.0% | 34.5% | 32.2% | 33.7% | 28.3% | 28.3% | 26.6% | 28.3% | 25.8% | 25.0% | 23.6% | 26.4% | 24.1% | 18.9% | 26.5% | 26.0% | 27.4% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $6.41M | $7.66M | $4.15M | $5.29M | $5.58M | $6.49M | $6.32M | $7.58M | $7.58M | $13.73M | $13.78M | $13.96M | $13.62M | $12.83M | $11.66M | $22.71M | $12.59M | $13.13M | $19.44M | $21.60M |
| Operating income | $4.23M | $-9.45M | $4.19M | $8.94M | $6.27M | $5.08M | $8.84M | $8.02M | $8.02M | $4.40M | $6.08M | $-526000.00 | $-3.11M | $-1.93M | $4.92M | $5.88M | $2.35M | $17.00M | $13.85M | $16.17M |
| Operating margin | 15.3% | -24.4% | 9.4% | 15.4% | 10.7% | 7.3% | 10.9% | 8.2% | 8.2% | 3.7% | 4.9% | -0.4% | -3.0% | -2.1% | 4.8% | 4.9% | 1.7% | 10.6% | 7.4% | 7.6% |
| EBITDA | $4.99M | $-8.40M | $5.63M | $10.70M | $8.92M | $7.42M | $11.39M | $8.87M | $10.40M | $7.36M | $8.88M | $2.55M | $437000.00 | $4.82M | $8.19M | $8.61M | $5.08M | $20.20M | $17.46M | $20.15M |
| EBITDA margin | 18.0% | -21.7% | 12.7% | 18.4% | 15.2% | 10.6% | 14.0% | 9.1% | 10.7% | 6.2% | 7.2% | 2.1% | 0.4% | 5.1% | 8.0% | 7.2% | 3.6% | 12.6% | 9.3% | 9.5% |
| EBIT | $4.23M | $-9.45M | $4.53M | $8.89M | $6.80M | $5.08M | $9.00M | $8.15M | $9.69M | $4.23M | $5.86M | $-562000.00 | $-3.04M | $1.48M | $4.95M | $5.88M | $2.11M | $17.03M | $14.07M | $16.17M |
| Interest expense | $345525.00 | $410180.00 | $298619.00 | $442703.00 | $350997.00 | $247342.00 | $177622.00 | $203365.00 | $203365.00 | $236000.00 | $220000.00 | $242000.00 | $271000.00 | $249000.00 | $118000.00 | $116000.00 | $267000.00 | $384000.00 | $105000.00 | $77000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.90M | $3.15M | $1.91M | $5.57M | $3.62M | $2.86M | $5.62M | $4.97M | $4.97M | $1.97M | $3.48M | $-346000.00 | $-3.09M | $453000.00 | $3.23M | $3.31M | $924000.00 | $11.37M | $9.03M | $13.86M |
| Net income growth (YoY) | — | +8.9% | -39.3% | +191.3% | -35.0% | -21.2% | +96.8% | -11.5% | +0.0% | -60.4% | +76.4% | -109.9% | -791.9% | +114.7% | +613.5% | +2.4% | -72.1% | +1130.2% | -20.6% | +53.6% |
| Profit margin | 10.4% | 8.1% | 4.3% | 9.6% | 6.2% | 4.1% | 6.9% | 5.1% | 5.1% | 1.7% | 2.8% | -0.3% | -3.0% | 0.5% | 3.2% | 2.8% | 0.7% | 7.1% | 4.8% | 6.5% |